Thursday, 25 February 2010
Wednesday, 24 February 2010
Draw No Bet Outcome Bookmaker Odds Value Prob.
24 Feb Tottenham - Bolton 2 Victor Chandler 9.00 1.34 12.92%
1X2 Outcome Bookmaker Odds Value Prob.
24 Feb USA - Switzerland 2 Bet Chronicle 15.50 1.34 7.64%
After thinking about the value betting scenario, and also that it seems like the hard work is already done by the site and the other bookmakers, I thought I will give it a go, and see what happens. If i'm honest I don't really understand the value figure, but i'm guessing if I keep backing at odds that are better than what they should be, then I should make a profit in the long tern. I will only be staking £1 on these bets. I will see after a month or so, if there is any mileage in it or not. If anyone has any views or does something similar, then I would love to hear from you.
These are the bets that I had today, and have been settled so far:
Trabolgan: £8 @ 3.50 -£8
Marodima: £4 @ 8.50 +£30
No Wonga: £6 @ 3.75 -£6
Chief Dan George: £3 @ 8.00 +£21
Five Out Of Five: £3 @ 15.00 -£3
Chief Dan George £6 @ 8.50 +£27
Le Seychellois £3 @ 16.00 -£3
Braunschweig v Burghausen Draw £4 @ 4.15 -£4
Total for the Day: +£54