It's all been a bit quiet on the investing front lately. I've had my two kids staying with me for a few days and would rather enjoy their company than win some money, although I have managed to do the latter. Woke up early this morning to find that the San Diego Padres v Colorado Rockies game was still going on. For some reason the Padres were available to lay at 1.2 with the score tied, and I took advantage of this, laying it off when the Padres duly failed to score.
They did have a couple on base, but with two outs I considered laying at this price great value. This happened twice, the second time a few innings later, and I ended up with a nice profit. I think there was a baseball newbie in the market because when the Rockies took a 1-0 lead at the top of one of the extra innings (the game went to 22!) someone backed them at 1.01, although sadly I didn't have the foresight to lay at that price.
As I mentioned previously, my soccer lay system is on hold until the new season, although I may use it for some of the summer leagues in Scandinavia or MLS. I've been dabbling with the under/over markets with some success, but it seems to me that the soccer markets are so efficient that I have no edge, and these in-running bets are just gambles.
The NBA regular season has ended, and the play-offs start this weekend. Like the football season, it's been tricky betting on NBA with the season winding down and teams resting key players, and some big handicap spreads that I tend to avoid at the best of times. But with the play-offs starting tomorrow, there should be some close games and hopefully some value bets available.
About Me
- Cassini
- I have had a life-long interest in sports and after studying Pure Mathematics with Statistics at secondary school, have been fascinated by odds and probability. The first system I came up with was a simple one - back the favourite and double up after a loss until a winner. Simple enough in theory, and I told my Dad about it. Not being a betting man himself, he ran it by some of his colleagues, and came home to tell me that it wouldn’t work because a long losing run would mean that the bank would be empty. Then there was always the possibility that the winner would be returned at odds-on, meaning that the total returns would not match the outlay. Not what a ten year old wants to hear! Only slightly daunted, I then went on a search for the Holy Grail, the secret to riches that I knew was out there somewhere. Finally in 2004 I stumbled across an article about Betting Exchanges and four years later I was able to make a steady profit.
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