Scripophilist
- 27 Oct 2004 23:40

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Fundamentalist
- 06 Feb 2005 16:49
- 994 of 10502
Bones
you obviously understand the theories - you will get statistical evidence from scrip as to what strategies you should use.
Well done with your profit, but put into context you risked 32 to win 12 on Chelsea not scoring in the first half hour or so - i am guessing but i think if you had tried that over the season with chelsea home games you would have lost money (they have led after half an hour in more than 1 game in 2.5 i would guess)
Bones
- 06 Feb 2005 16:56
- 995 of 10502
Indeed Fundy! (first 20 mins rather than half hour). I didn't think it stacked up but the absence of key players had some bearing on it.
Nonetheless, it seems similar to, albeit a bit riskier than, the France/Scotland rugby strategy that you all piled on yesterday (so would I had I not been out). So what's the "fundamental" difference?
PS It can wait until the course if you are embargoed on trade secrets :)
kajman
- 06 Feb 2005 17:01
- 996 of 10502
Bones, I'm new to this but think it's just down to the odds. France were 1.06 at the start of the match - a lot better than Chelsea at 1.32
Bones
- 06 Feb 2005 17:04
- 997 of 10502
kajman, I'm sure that is right! You can hardly go wrong laying at 1/16...!
Fundamentalist
- 06 Feb 2005 17:09
- 998 of 10502
Bones
agree with kajman, at 1.06 there was very little risk for a nice reward (i believe you could have had 2.1 at one point)
if chelsea had been 1.06 i would have been laying them too
1.06 prices in an expectation of a very easy win, which in play, would require a lead to be taken very early otherwise the odds will drift
kajman
- 06 Feb 2005 17:15
- 999 of 10502
Shot by kezman, - no relation :-)
Fundamentalist
- 06 Feb 2005 18:02
- 1001 of 10502
Anyone else take a bath on chelesa or just me?
how does calamity james make a save like that lol
Kayak
- 06 Feb 2005 18:02
- 1002 of 10502
Damn, one less sucker in the financials :-))
Bones
- 06 Feb 2005 18:25
- 1004 of 10502
Fundy lol - when are you meant to stop your position in such situations?
bakko
- 06 Feb 2005 18:27
- 1005 of 10502
Fundy, Sorry to hear you got caught out by Chelsea today. Fortunately for me, I pulled off a nice profit by scalping for a draw during the second half and greening up towards the end.
Its a nice result for both ManU and Ars though. But since I've been active with Betfair I'm finding that my loyalties are with my Betfair statement!!
Anyone on the Superbowl tonight?? I only know a little about American football having following it on a casual basis many years ago. But it could provide interesting pickings as the odds tend to chop and change quite violently as both teams pick up momentum on the field. Liquidity looks good too, with over 1m already placed.
Any views on this??
Fundamentalist
- 06 Feb 2005 18:28
- 1006 of 10502
Tough one to call - and as you can see i havent worked it out yet lol.
Scrip - what do you do in this scenario - do you let the loss run or do you stop out after says 10 ticks?
Scripophilist
- 06 Feb 2005 18:47
- 1007 of 10502
I was swimming with the kids so watched the match from the pool (not mine unfortunately the club's).
I didn't fancy Chelsea at such short odds with Robben out and Drogba missing. They were not the same early in the season without Robben.
Usually I would have let it run as the odds are that the home team will score at some point. A excellent display by James it appears. It happens every now and again; though you could mitigate a lot of risk prior to the kick off. If your money management is OK you will be fine in the long run.
Fundamentalist
- 06 Feb 2005 18:58
- 1008 of 10502
thanks scrip
i didnt back until just prior to half time at 1.7 - i wasnt interested at 1.3 either!!!!
Harlosh
- 06 Feb 2005 19:02
- 1009 of 10502
Bakko,
Wondered how you went on with the rugby yesterday. I was beginning to wonder how you would mix your trading with watching Utd. Going to watch games, I'm sure you have realised, could seriously damage your wealth!!
bakko
- 06 Feb 2005 19:24
- 1010 of 10502
Harlosh,
I layed a really big amount on France at 1.06 as the risk was quite small. But I got tied up with family matters so I couldn't get to watch the start or get to ManU/Birm game. I fully expected France to win so backed up at 1.12 to realise a potential poxy gain in case the Scots held up. Apparently they played a stormer so could've greened up for a potential profit of well into the hundreds!! I was spitting mad afterwards so will never do favours for the family again!!
Even though I missed out I'm pleased for those on here to have pocketed.
Thanks for searching out initial odds but will keeping eyes out for next similar opportunity.
Regarding going to watch future reds games. Yes, missing out on s. I'm seriously thinking of giving up on the season ticket.
Harlosh
- 06 Feb 2005 19:31
- 1011 of 10502
I thought you weren't around when you did not post during the game. I doubt opportunities with risk/reward like that come along very often.
bakko
- 06 Feb 2005 19:38
- 1012 of 10502
Yes I agree, such opprtunities are few and far between but I certainly won't miss out again. I'm hoping that when it comes up again it'll arrive in threes! LOL
Scripophilist
- 06 Feb 2005 20:46
- 1013 of 10502
Not a day for low backers - Hope the Chelsea match put you off!!