26th June 2018, 05:00 PM
|
|
Member
|
|
Join Date: Jan 1970
Posts: 4,363
|
|
Quote:
|
Originally Posted by Eddy
The premise was around easing favourites at about $2.70 or longer and betting against them. Interested in getting more info.
Eddy
|
Hi Eddy,
If your thinking about laying just easing favourites on Betfair, it's the very fast way to the poor house, because a $2.70 favourite easing out to $3.00 or $3.50, will be at least $4.00 or more on Betfair, so well over the odds. The only thing that makes it look attractive is the strike rate, but the odds are not in your favour, plus you're paying commission every time one does lose, so they lose more than win and the commission soon adds up on top of the $4.00.
Your only possible way to make a buck on those horses is to trade as they drift.
Hope I explained that well enough. |