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Football Betting Season 8...AGE!!! - Business (101) - Nairaland

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Re: Football Betting Season 8...AGE!!! by aumeehn: 11:48am On Jul 22, 2014
francesclxg:
U are rite. That bet is 100percent sure but it is almost impossible to play because of the following reasons:
1. Draw odds are always high and by the time u combo 5 games with a draw odd of like say 3.5, u have an accumulated lay odd of 3.5*3.5*3.5*3.5*3.5 which is equal to 525.2. What this means is that u need #524200 to win #1000. And how make punters have that in their bet account??
2. Most Nigerians don't bet on draw, so the liquidity on the lay draw market will be low. So in many cases u realize that u only have a maximum stake of #50 on sure market.
However, if u are contented with gathering 50 nairas, no problem u will continue to win and win and win.... But it is a slow process.
okk watov iv u combo.... man v everton liverpool v crystal palace..and u lay on all the away teams....i tink the odds ill not be high and the chance of winning is high or wad u tink
Re: Football Betting Season 8...AGE!!! by iamskiigii(m): 11:49am On Jul 22, 2014
francesclxg:
From ur screenshot, the #158366.35 is the amount that wud have been deducted from ur bet account assuming u have up to that to win a profit of #300. U must be high to think that the #158366.35 nah ur potential profit. Multiple laying is the exact opposite of multiple backing. Just like the case a backer using #300 to win #158366.35, a layer uses his own #158366.35 to win #300. I hope u understand dude
yes and if Ur bet flops, Ur 158k enter lagoon
Re: Football Betting Season 8...AGE!!! by Dopefiend(m): 11:49am On Jul 22, 2014
aumeehn: guys i tink i ve an idea on this exchange betting stuff......y not accumulate five soccer games and lay on draw...u see out of this five 2 or 3 ov d games ill nt end in draw...u see the chance of winning is almost 100%.........or wad do you tink oga francesclxg

Hahaha like frances pointed out, the total odd would not guarantee good ROI. Why not lay about 7 or 8 heavy favorites, atleast one or two must Bleep up.
Re: Football Betting Season 8...AGE!!! by Smileprecy: 11:50am On Jul 22, 2014
VALUE BET OF THE DAY
>>> Norway Tipiligaen <<<
Match:Sarpsborg - Aalesund
Pick: Both Team to Score (NO)
Odds: 2.00
Time: 18:00

My service provider don make me miss nairaland bt glad to b bck
More greens to us and fck dem haters
Re: Football Betting Season 8...AGE!!! by francesclxg: 11:51am On Jul 22, 2014
Dopefiend:

Lol u clearly dont understand lay betting. In the screenshot u posted above, u need to have a total of 159,000k before u can place that bet and if the bet wins, u win only N300 but if you lose, na approx 159k you lose be that. Simply put, the amount you stake x the lay odd -1 is your liability i.e. money you will lose if the event dosent go in ur favor. E.g you stake 5000 on a lay odd of 6. The calculation would be 5000 x 6-1 i.e. 5000 x 5 = 25000k. The 25k is ur liability (money you lose if the event doesnt go in ur favor) while the 5k is you profit should the event favor you.
I love ur explanation. I cudnt have said it better. I was having a feeling that my explanations are kinda technical(don't mind me jare; maybe nah too much book*smiles*). Anyway, thanks for explaining the subject so simply and to the point.
Re: Football Betting Season 8...AGE!!! by opisco01(m): 11:53am On Jul 22, 2014
francesclxg:
U are rite. That bet is 100percent sure but it is almost impossible to play because of the following reasons:
1. Draw odds are always high and by the time u combo 5 games with a draw odd of like say 3.5, u have an accumulated lay odd of 3.5*3.5*3.5*3.5*3.5 which is equal to 525.2. What this means is that u need #524200 to win #1000. And how make punters have that in their bet account??
2. Most Nigerians don't bet on draw, so the liquidity on the lay draw market will be low. So in many cases u realize that u only have a maximum stake of #50 on sure market.
However, if u are contented with gathering 50 nairas, no problem u will continue to win and win and win.... But it is a slow process.
Can u just give us a perfect example with this odds. Chelsea 1.4 vs QPR 8.5 if I lay chelsea with 500 how much do I win if chelsea fails to win.
Re: Football Betting Season 8...AGE!!! by francesclxg: 11:56am On Jul 22, 2014
Dopefiend:

Hahaha like frances pointed out, the total odd would not guarantee good ROI. Why not lay about 7 or 8 heavy favorites, atleast one or two must Bleep up.
Yeah. That happens like 90percent of the time. So it a good strategy. I remember when I started out betting, that was wot I did for like 6 months and I made good profit on that. One or two always almost Bleep up sha. But anytime all the favorites win, u go cry; buh that hardly happens
Re: Football Betting Season 8...AGE!!! by aumeehn: 11:56am On Jul 22, 2014
Dopefiend:

Hahaha like frances pointed out, the total odd would not guarantee good ROI. Why not lay about 7 or 8 heavy favorites, atleast one or two must Bleep up.
u re smart bro!! grin grin

1 Like

Re: Football Betting Season 8...AGE!!! by Dopefiend(m): 11:59am On Jul 22, 2014
opisco01:
Can u just give us a perfect example with this odds. Chelsea 1.4 vs QPR 8.5 if I lay chelsea with 500 how much do I win if chelsea fails to win.

You win the amount you staked which is 500 but if you lose, you lose 500 x 1.4-1 i.e. 500 x .4 = 200

Profit = 500 if u win
Loss = 200 if you lose

2 Likes

Re: Football Betting Season 8...AGE!!! by francesclxg: 12:00pm On Jul 22, 2014
opisco01:
Can u just give us a perfect example with this odds. Chelsea 1.4 vs QPR 8.5 if I lay chelsea with 500 how much do I win if chelsea fails to win.
If 1.4 is chelsea lay odd, and u place #500, u stand to win the exact amount u place which is #500 if chelsea fails to win(i.e if chelsea draws or loses). Ur liability is 500*1.4-500 which is equal to #200. The #200 is immediately deducted from ur account. If u win, the get ur liability back(#200) plus ur profit(#500).

1 Like

Re: Football Betting Season 8...AGE!!! by coolest01(m): 12:03pm On Jul 22, 2014
FC Irtysh Omsk - FC Dynamo Barnaul 22.07.14 12:30

Tah!! Away Win @2.95

Gl
Re: Football Betting Season 8...AGE!!! by Dopefiend(m): 12:05pm On Jul 22, 2014
francesclxg:
Yeah. That happens like 90percent of the time. So it a good strategy. I remember when I started out betting, that was wot I did for like 6 months and I made good profit on that. One or two always almost Bleep up sha. But anytime all the favorites win, u go cry; buh that hardly happens

Lol its a near perfect strategy.....abeg pm me or mail me more strategy. dopefiend78@yahoo.com. Man learns everyday.
Re: Football Betting Season 8...AGE!!! by vickertony(m): 12:06pm On Jul 22, 2014
francesclxg:
I wonder wetin #500 fit do for betting. Nah guys like u dey dash bookies money. Anytime I want to make deposit in my betting acc, I put nothing less that #50000. Wetin u wan do with 5h?? Do tell. As I said, u have no idea of wot laying means inspite of all the explanation we have given on the subject. So pls, I think there is enuf info on the internet to get an idea of anytin we don't know. Pls make use of it.
u r talkin trash u de boast shiiiiit nt my problem and mind u i no de fund 500 naira i been wan take that amount test nairastake b4 u go de talk rubbish e b lyk say u be nairastake Agent#pride goes b4 a fall keep on boasting i no get ur time and mind u no quote me again coz u r nt the friendly type u abuse someone b4 u give ur idea plssssssssss no quote me again i de beg
Re: Football Betting Season 8...AGE!!! by aumeehn: 12:07pm On Jul 22, 2014
this exchange betting stuff is somehow confusing and intresting @the same time.....unlike normal betting....in exchange betting the lower the odds the higher d win while the higher the odds d lower d win....unlike normal betting were d higher d odd the higher d win nd vise-verser.......hope am right @francesclgx
Re: Football Betting Season 8...AGE!!! by francesclxg: 12:08pm On Jul 22, 2014
aumeehn: okk watov iv u combo.... man v everton liverpool v crystal palace..and u lay on all the away teams....i tink the odds ill not be high and the chance of winning is high or wad u tink
Yeah... The chance of winning is high cos u only lose such bet if both man utd and liverpool loses. Buh the thing there is that the lay odd of crystal palace can really be long let's say 7, and if the lay odd of everton is say 4, u have an accumulated lay odd of 7*4 i.e 28. It means that if u stake a #1000, ur liability will be #27000. That is u stand to lose #27000 if man utd and liverpool loses their game.
Re: Football Betting Season 8...AGE!!! by Dopefiend(m): 12:12pm On Jul 22, 2014
aumeehn: this exchange betting stuff is somehow confusing and intresting @the same time.....unlike normal betting....in exchange betting the lower the odds the higher d win while the higher the odds d lower d win....unlike normal betting were d higher d odd the higher d win nd vise-verser.......hope am right @francesclgx

Spot on! frances its like betfair dont do multiple laying.
Re: Football Betting Season 8...AGE!!! by coolest01(m): 12:13pm On Jul 22, 2014
iamskiigii: yes and if Ur bet flops, Ur 158k enter lagoon
you only need one of the 5 accumulated 5 matches not to end in a draw for u to win the bet
Re: Football Betting Season 8...AGE!!! by coolest01(m): 12:18pm On Jul 22, 2014
Dopefiend:

Hahaha like frances pointed out, the total odd would not guarantee good ROI. Why not lay about 7 or 8 heavy favorites, atleast one or two must Bleep up.
you're definitely right about this one
Re: Football Betting Season 8...AGE!!! by francesclxg: 12:19pm On Jul 22, 2014
aumeehn: this exchange betting stuff is somehow confusing and intresting @the same time.....unlike normal betting....in exchange betting the lower the odds the higher d win while the higher the odds d lower d win....unlike normal betting were d higher d odd the higher d win nd vise-verser.......hope am right @francesclgx
Yeah... U are rite. The reason this is so is that a low lay odd means that u have a high chance of losing, so ur liability is low becos of that. The opposite is true for high laying odd.
The good thing about exchange betting is that sometimes u have the opportunity of winning big time. For example, picture this: Team A is beating Team B 2-0 as of half time. Because team A are leading with such scoreline, their lay odd will be really small say 1.02. U can lay team A with #10000 saying that they are not going to win. Ur liability in this case is #200 but ur potential profit is 10k. If at the end of the match team A ends up drawing or lost, u win 10k using just #200.
One thing with bet.fair is that if u make sure bet, and luckily team B scores 2 quick goals in the 2nd half,d half making it 2-2, u are already in profit and u can cash out like 70percent of ur potential profit such that even if team A ends up winning at fulltime, it is no longer ur business as u have already cashed out the bet. There was a time I won 100k playing with a lay odd of 1.01. That game was last season match of liverpool vs crystal palace. Liverpool were leading 3-0 at one time so I layed liverpool not to win with 100k. My liability was #1000. Luck was on my side that day, I won a 100k.
Re: Football Betting Season 8...AGE!!! by opisco01(m): 12:22pm On Jul 22, 2014
I think I love this laying idea. But the best market to lay is 0:0 correct score. Please which bookie offers this. I can make 10k per day with this laying thing.
Re: Football Betting Season 8...AGE!!! by francesclxg: 12:27pm On Jul 22, 2014
Dopefiend:

Spot on! frances its like betfair dont do multiple laying.
Yeah... Bet.fair knew how easy ppl will be winning if they do multiple laying because the draw market on bet.fair has so much liquidity and all ppl need do like aueeeh said(sorry if I didn't spell the name rite) is to select like 5 games and lay draw. That is wot I wud have been doing. Coz that is 100percent certain. So bet.fair knows this and they know some customer have up to $50000 in their account to sustain the necessary liability involved in making such bets.
Re: Football Betting Season 8...AGE!!! by Dopefiend(m): 12:31pm On Jul 22, 2014
francesclxg:
Yeah... Bet.fair knew how easy ppl will be winning if they do multiple laying because the draw market on bet.fair has so much liquidity and all ppl need do like aueeeh said(sorry if I didn't spell the name rite) is to select like 5 games and lay draw. That is wot I wud have been doing. Coz that is 100percent certain. So bet.fair knows this and they know some customer have up to $50000 in their account to sustain the necessary liability involved in making such bets.

Smart. Can you let me in on one or two of your laying strategy?
Re: Football Betting Season 8...AGE!!! by francesclxg: 12:34pm On Jul 22, 2014
opisco01: I think I love this laying idea. But the best market to lay is 0:0 correct score. Please which bookie offers this. I can make 10k per day with this laying thing.
Bet.fair offers the 0-0 correct score market. And I tell u bro, the liquidity is so much. Problem is the lay odds are always high( sometimes up to 10-16). So anytime a game ends in 0-0 u lose big time.
Good thing is that bet-fair offers all correct score u can think of even half time correct score and most of their games goes live so u can do inplay correct score betting. The reason I don't play this is because of the liability involved. I don't like losing at all. During the world cup, 3 ppl on bet.fair were able to predict the correct score for the Brazil vs Germany match. The back odd for the 1-7 scoreline was 1000, they placed $11 and won a whooping $11000.
Re: Football Betting Season 8...AGE!!! by francesclxg: 12:38pm On Jul 22, 2014
Dopefiend:

Lol its a near perfect strategy.....abeg pm me or mail me more strategy. dopefiend78@yahoo.com. Man learns everyday.
I'll do that later, bro
Re: Football Betting Season 8...AGE!!! by francesclxg: 12:38pm On Jul 22, 2014
Dopefiend:

Smart. Can you let me in on one or two of your laying strategy?
I'll get back to u later
Re: Football Betting Season 8...AGE!!! by Dopefiend(m): 12:42pm On Jul 22, 2014
francesclxg:
I'll get back to u later

Thanks. I appreciate.
Re: Football Betting Season 8...AGE!!! by opisco01(m): 12:47pm On Jul 22, 2014
francesclxg:
Bet.fair offers the 0-0 correct score market. And I tell u bro, the liquidity is so much. Problem is the lay odds are always high( sometimes up to 10-16). So anytime a game ends in 0-0 u lose big time.
Good thing is that bet-fair offers all correct score u can think of even half time correct score and most of their games goes live so u can do inplay correct score betting. The reason I don't play this is because of the liability involved. I don't like losing at all. During the world cup, 3 ppl on bet.fair were able to predict the correct score for the Brazil vs Germany match. The back odd for the 1-7 scoreline was 1000, they placed $11 and won a whooping $11000.
So wat type of games exactly do u lay on.
Re: Football Betting Season 8...AGE!!! by francesclxg: 12:52pm On Jul 22, 2014
opisco01:
So wat type of games exactly do u lay on.
My skill has evolved greatly sha. Truth is I don't "bet" anymore. Well not in the real sense of the word. Its difficult to explain wot I do. And anyways it is a secret I am not really to part with yet.
Re: Football Betting Season 8...AGE!!! by Nobody: 12:54pm On Jul 22, 2014
Smileprecy: VALUE BET OF THE DAY
>>> Norway Tipiligaen <<<
Match:Sarpsborg - Aalesund
Pick: Both Team to Score (NO)
Odds: 2.00
Time: 18:00

My service provider don make me miss nairaland bt glad to b bck
More greens to us and fck dem haters
I bet for sarpsborg to win. What do u tink?
Re: Football Betting Season 8...AGE!!! by shady16: 1:00pm On Jul 22, 2014
This back n lay thang is causin serious commotion here. Haha...

Some guys are extremely steamed up. Lord, have mercy. grin
Re: Football Betting Season 8...AGE!!! by Bholutife18(f): 1:05pm On Jul 22, 2014
Its been a long time punters. What is going on here. Frankben wadup?
Re: Football Betting Season 8...AGE!!! by coolest01(m): 1:07pm On Jul 22, 2014
francesclxg:
I'll get back to u later
me too oh

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