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Originally Posted by partypooper
Chrome, do I take it that a good place to start is "metro Tracks where the Fav is NOT odds on" but take the best price on offer"? all I want is to break even and I can retire proper!! serious!
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That would be a starting point only.
You need to account for drifters and steamers, when do you take the price?
Betfair will basically breakeven, BUT then there's commission and turnover charges.
I would look at harness leaders at the bell (a lap out) in running, or look into sports betting. You'll make a small profit either way. I'd suggest Pinnacle for sports betting, and taking a sport you know something about.
For example: I follow Tennis a fair bit.
The player who has the serve for the game is usually odds on and usually wins that game. However, when Ivanovic was playing a much lower ranked opponent early on in the series, I used to back her to win the game that was in play, if the other player, had serve.
I got some great odds, $5.00 and $6.00 to win the game.
She came through often enough to provide a nice return.
Ended up winning the match, but her match odds were a ridiculous $1.28.
I only use this method with well ranked players, who are playing much lower ranked players and their match odds are below $1.50.
Only if these three criteria are met, do I go in for the kill during the entire match when the other player has serve.