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Football betting and odds, discussion and other gambling stuff

By the way, if you assume that a 1.07 odds bet has a 93.5% chance of winning, then to win 30 times on the trot has a probability of 13.3% (0.935^30).

Therefore if you play regularly, you win once every 7.5 times you try this, so you bet £150 to recoup £150. However you also have to pay commission, and the odds don't equate to actual probability.


Sorry but you really need to take this thread with a pinch of salt.!
 
I'm in :)

Just put $20 into a sports bet account.

bet 1 of $1. is Oriol Gaset to win @ $2.66 against JJ Ambrose MMA (HEX) this sat.
 
I did say odds of 1.05 to 1.10 originally. May have to widen that a bit. Man City to Beat Norwich @ 1.28 on Sat looks tasty!
Those are awful odds. These sorts of short odds in a two-horse race are never value. You'd be better off taking a form team and betting them not winning.

Irrc Wales beating England in the rugby was 3/1 or even 7/2. Was always likely to be close - that was value.
 
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Those are awful odds. These sorts of short odds in a two-horse race are never value. You'd be better off taking a form team and betting them not winning.

Have to disagree. The odds put Man City at a 78.1% chance of winning. They have scored 18 goals in their last 5 games and are playing a team who have not won in 5 and lost 6-2 to Newcastle!

Also, its a 3 horse race, not 2
 
Man city are top of the league at the moment, winning 70 per cent of their games so far. Even in great form, they don't win as many games as those odds.
 
By the way, if you assume that a 1.07 odds bet has a 93.5% chance of winning, then to win 30 times on the trot has a probability of 13.3% (0.935^30).

Therefore if you play regularly, you win once every 7.5 times you try this, so you bet £150 to recoup £150. However you also have to pay commission, and the odds don't equate to actual probability.

The old over round book.

Anyway, it's adhearing to daft betting schemes like this that spoil the enjoyment of betting for me. I don't gamble a lot, am quite discerning.

OP. DO what I do, back against Palace. Psychological consolation. (Ignore the draws.)
 
ok going with..

Sampdoria v Empoli FC - Over 0.5 goals. £20 at 1.06.

27 goals scored by these 2 teams in 18 games. Thats a goal rate of 1.5 per game.
 
They should just say "1 or more" rather than introducing the arbitrary concept of 0.5 goals unnecessarily. Thick people might get confused by it :hmm:

Its because you can bet Under as well as Over.

Under 1.5 means, we'd expect 0 or 1 goals,
Over 1.5 means, we need to see at least 2 goals in the match.

This is why bookmakers add 0.5 to the number. In case we see only 1 goal, where does it belong to? Is it Under 1 or over 1? With +0.5, we know clearly, one goal is under 1.5.
 
Its because you can bet Under as well as Over.

Under 1.5 means, we'd expect 0 or 1 goals,
Over 1.5 means, we need to see at least 2 goals in the match.

This is why bookmakers add 0.5 to the number. In case we see only 1 goal, where does it belong to? Is it Under 1 or over 1? With +0.5, we know clearly, one goal is under 1.5.
Yeah I get that :) Just seems daft to me.

"we clearly know that 1 is less than 1.5" :D
 
I think it comes down to the fact that gambling bets are not legally binding, so bookies are very specific with their wording of what the bet is. Goes back to the days when you could bet on credit I think. I guess someone could of argued that 2 goals is not "over" 2 goals.
 
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