I can be such an idiot at times. Having traded like a demon in the Channel 5 Angels / Rays game tonight, I then invest, no - gamble, my profits on an Olympic event I know nothing about, just because we have a chance of yet another Gold Medal. Why do I do these stupid things? I must have learned enough lessons to write a small guide to what NOT to do on Betfair.
I did get a little luckier earlier when I really thought the price on a new 200m world record by Usain Bolt was too low, and backed "No World Record". Then my brain kicked in, and I figured it actually wasn't that unlikely and layed off to go Green-All-Over and lucky I did. A very impressive performance. That record and the 100m too will come down again if he stays healthy. Pretty cool runnings.
And I thought Jamaica was only good for the Bobsled...
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.
I can think of one other thing!
ReplyDeleteThis is a 'family' blog - I have no idea what you are talking about!
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