SK1NT
Well-known member
had ht draw ft spurs/ ht draw ft west ham and leicester to win... 50/1 and fing leicester cost me... over £200
I'm not going to jump on the bandwagon as such here, only to say that your headline was that you claimed it was a 'value' bet.
Then you defend yourself by saying 10/1 would have been about the right odds for both
Not knocking you chap, but you you understand what a 'value' bet is?
I dont really understand why this guy is getting so much stick for this. A 'value bet' is one where the quoted odds are higher than they should be. So if you think the odds for some outcome really ought to be about 10/1 but are in fact 33/2, that represents a value bet.
Some people just dont seem to get this difference between 'value' and the outcome. Just because you think a bet is good value doesnt mean that you think it will happen. It means that you think it is less unlikely to happen than the bookie thinks its unlikely to happen. Over time, backing value bets (if they are indeed value) will yield a profit. The tough part is spotting them.
There was a thread on here a few weeks ago aimed at the Ferret, saying something along the lines of 'yah boo, you are useless. None of your 10-1 shots came in'. Again - it just didnt understand the point about value.
I think Mario Gomez (9/2) first goalscorer in the Marseille v Bayern Munich match tonight is a great bet. He's bang in form and Betfred will DOUBLE the odds if he nets first and gets another and TREBLE the odds if he bags a hat-trick with him opening the scoring.
And I can vouch that HseagullsH is a top man who knows his value betting.
Odds on messi scoring 5? Or at least a hat trick?
I think Mario Gomez (9/2) first goalscorer in the Marseille v Bayern Munich match tonight is a great bet. He's bang in form and Betfred will DOUBLE the odds if he nets first and gets another and TREBLE the odds if he bags a hat-trick with him opening the scoring.
And I can vouch that HseagullsH is a top man who knows his value betting.
I dont really understand why this guy is getting so much stick for this. A 'value bet' is one where the quoted odds are higher than they should be. So if you think the odds for some outcome really ought to be about 10/1 but are in fact 33/2, that represents a value bet.
Some people just dont seem to get this difference between 'value' and the outcome. Just because you think a bet is good value doesnt mean that you think it will happen. It means that you think it is less unlikely to happen than the bookie thinks its unlikely to happen. Over time, backing value bets (if they are indeed value) will yield a profit. The tough part is spotting them.
There was a thread on here a few weeks ago aimed at the Ferret, saying something along the lines of 'yah boo, you are useless. None of your 10-1 shots came in'. Again - it just didnt understand the point about value.
I think Mario Gomez (9/2) first goalscorer in the Marseille v Bayern Munich match tonight is a great bet. He's bang in form and Betfred will DOUBLE the odds if he nets first and gets another and TREBLE the odds if he bags a hat-trick with him opening the scoring.
And I can vouch that HseagullsH is a top man who knows his value betting.
edit - BBC changed their mind - BRILLIANT shout
Cheers mistahclarke. Hope you and a few others had a wager on him as well.