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 Post subject: Re: Trading Trebles
Posted: Thu Dec 17, 2009 12:55 pm 
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Joined: Wed Dec 09, 2009 8:57 pm
Posts: 6
Very interesting Ali. I think there may be benefit in doing if on consecutive games in that you could save on the insurance on later games if the first or second one goes down and have a better chance of calculating and covering your liability at each stage.

I will certainly give this a go and get back to you with feedback.


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 Post subject: Re: Trading Trebles
Posted: Thu Dec 17, 2009 5:40 pm 
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Im interested in Turbodiesels comment that he did 3 trebles, lost them all but still didnt lose money. Wouldnt you say that this could be the ground zero of a stratagy to land multiples whilst protecting the bank?
When Betfair introduced the multiple offers at months start I figured a stratagy to try and win from them using match markets and the ht/ft markets. Here follows my idea, tell me what you think :

It may be best to have it so that only 1 game is in play at a time, so take 5 teams to win choosing from games across the weekend in the premiership.
On the first game lay the underdog (not the multiple team) for the multiple stake
place money on draw/dog , dog/draw in the ft/ht market.

If our team scores first, hedge the stake of the multiple on the draw and dog winning outcomes and be left with a small profit on our boys! :)
On the dog leading at half time (assuming a lead of only 1 goal ...eek) back the underdog to get a red even match market. Typically the dogs odds will be at one third the pre game price and using the back to lay calculator you can get an approximate value of how much this is. Typically I found it to be approx 1/2 the lay stake . By then hedging against the dog/draw money it should be possible to create a break even state with the draw and dog win paying back the multiple premium and possibly having a small red on the favourite. (An alternate is just to have the favourite pay his way at this stage especially if its chelsea et al as they will be trading in the low 2's).

Third scenario is the draw at half time. draw/dog now comes in to help you set up a net result of fully hedging at no (low) cost.

I found this to work quite well till I lost the bank on other ventures !

Another issue I have with multiples is perhaps setting one multiple against a psuedo-multiple. Take the four team group qualifiers : It is assumed to win the group you need to win all 3 games when perhaps you dont. You can certainly qualify without winning all 3. What do you think of a lay multiple of the 3 group games of a team against their qualification from the group?


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 Post subject: Re: Trading Trebles
Posted: Thu Dec 17, 2009 11:21 pm 
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ok had a minute to look at a game, blackburn v tottenham 3.45 , 3.6, 2.28
I used to use a limit of 6.0's for the dog lay. I must admit it was a while ago and I was only playing around and not started keeping records so some is a bit foggy.

Lay blackburn for £10 (multiple stake) , -£24.50 , £10 , £10 .
dutch blackburn/draw , blackburn/tottenham for £2 gives £20 on each of those 2.

At half Time:
Tottenham lead : either buy some blackburn or lay off tottenham or bit of both to give the premium at least on those two outcomes , multiple goes onwards with no cost = WIN

Blackburn lead . From my observations a 1 goal lead for the underdog would give them h/t odds of approx 1/3 pre game so here it would be 2.5. Now thats a bit high I feel, the nearer to 6's the pre game the more firm the rule. More likely would be 2.2 - 2.4 but almost certainly over 2. (Im sure a boffin here could give a better answer!). So using 2.4 :
red the match , stake 14.28 buy blackburn @ 2.4 gives a £4.58 match red
You now have the £20 on both the draw and tottenham final outcome from the h/t / f/t market. You now have options :
You could buy more blackburn to put £10 profit on them, £10.70 or so leaving £5 on the other two results net.
You could also lay off the money on tottenham to help out or wait for 1-1 to lay some tottenham to get the draw up to speed,
you could back blackburn alone and say lay the U2.5 (Nice way to hedge tottenham if they lead at h/t) . Or other ideas to help a losing lay.

Draw: You have the options to let it run , lay tottenham (remeber you dont need to win on tottenham for the bet to be a winner) green up or bet some blackburn in the CS or match. You have £8 net on tottenham and the draw.

Sounds a bit wrong now I write it down, which is why I was playing around with it! There are other options to use in the ft/ht markets, such as dutching both winner/draws or taking some draw/draw or draw/underdog which if I recall were user friendly. The beauty of the bet though was its low maintanance, only needing adjusting at half time and its common focus only on the match market, which ment it could be used in games that did not go in play but allowed to be adjusted at h/t. Could be used with the new match only in play games. Mostly though I liked it as it allowed to me to get money on Chealsea , Liverpool, utd and arsenal et al who are most likely to be ahead at half time and to win you a multiple whilst having (at least partial) cover.


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 Post subject: Re: Trading Trebles
Posted: Fri Dec 18, 2009 7:32 pm 
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Joined: Thu Dec 17, 2009 5:04 pm
Posts: 3
ok if anyones interested ...

running a game or two tonite to remeber the system lol.
schalke / mainz game:
schalke /draw
mainz /draw dutch
1/3 dutch stake on draw /draw
lay mainz for a bit above the ft/ht costs at 7.6 . Ignore earlier comments, it could handle the bigger lays so you could multiple arsenal utd chealsea liverpool and villa games. I won when usa beat brazil !
schalke lead h/t - winner job done. green or hedge as see fit
mainz lead , 7.6 -1 = 6.6, 6.6/3 = 2.2 . 2.2 +1 = 3.3 estimate price when mainz score, decay to h/t , maybe 3's
buy mainz at h/t buying into the mainz win, draw outcomes
draw h/t . green match take the hit or lay off some schalke for percent of the stake would be covering. draw /draw can help give you the 80 minute fixerup. Problem is a dog that plays well and drifts in... not covered . Stick to high performance sides as favourites, at least a scratch as market still hates the dog.


schalke 1 up in 15 mins.

second game pacos v bragga . only other game tonite and on video :) otherwise not too sure of teams and looks low scoring.
dutched the ft/ht anyhow low stakes and layed pacos at 4.6.

schalke game finished. In the end didnt need the schalke/draw really, would have been better to have more on the draw/draw. Schalke traded at below 1.2 h/t , could also lay off multiple profits in the later games.

pacos game, was just calculating the half time trade when the goal went in. At 0-0 and we got a full point drift on the underdog. a back then of pacos would give a free bet of the stake on them winning, the draw/draw would pay the match draw and the residual cost on bragga would be the ft/ht premium which could be attacked in the goals markets or CS ( not if game was semi in play though) . As it is bragga lead and trade at 1.3 representing the hedge price for the double.

So successful nite. Capitalizing on my innate ability to trade all over the shop and fight like hell to come out at scratch actually has a use!

Im sure theres probably a better method somewhere though.


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 Post subject: Re: Trading Trebles
Posted: Fri Dec 18, 2009 10:26 pm 
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Joined: Sun Dec 06, 2009 12:56 am
Posts: 27
Location: Toulouse
Tyh
Thanks for sharing this strategy. I`ll need to go through it again in the clearer light of day though!

This may well qualify for a Webinar Masterclass - which would mean prizes of course to the presenter

If you are up for doing it one day, let us know


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 Post subject: Re: Trading Trebles
Posted: Sat Dec 19, 2009 12:50 pm 
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Location: In front of my PC
OK! Today's attempt with this treble malarky is going to kick off with the Portsmouth v Liverpool match.

I've backed the over 2.5 for £10 @ 2.16 and backed the under 1.5 for £3 @ 3.95

Update: That didn't quite go to plan with the late 2nd goal resulting in an overall loss of £8. Late goals are always going to be an issue with this technique of course.

_________________
Ali
Bet Your Life Sports Trading


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 Post subject: Re: Trading Trebles
Posted: Mon Dec 21, 2009 12:20 pm 
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Joined: Fri Dec 04, 2009 5:22 pm
Posts: 20
AlistairH wrote:
OK! Today's attempt with this treble malarky is going to kick off with the Portsmouth v Liverpool match.

I've backed the over 2.5 for £10 @ 2.16 and backed the under 1.5 for £3 @ 3.95

Update: That didn't quite go to plan with the late 2nd goal resulting in an overall loss of £8. Late goals are always going to be an issue with this technique of course.



Do you have an idea of how late, too late is to lay o2.5. Would it be possible to lay the current 1-0 / 0-1 scoreline as cover.


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 Post subject: Re: Trading Trebles
Posted: Mon Dec 21, 2009 1:11 pm 
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Assuming a goal in the first half, you really need a goal within the first 10-15 mins of the second half.

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Ali
Bet Your Life Sports Trading


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 Post subject: Re: Trading Trebles
Posted: Thu Jan 28, 2010 1:17 pm 
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Joined: Sat Dec 12, 2009 1:26 pm
Posts: 6
Location: Greece
Two months since the last post but i am still trying to find the holy grail in multiples trading.
I know there is no such thing(everybody would be rich by now),but a good idea is to secure our multi stake (or most of it).
If we have a treble in match odds,backing the favourites,we cannot just back the draw in the in play market for insurance.eventualy we will lose both the treble stake AND the (expensive)draw or dog insurance stakes.

Tyhsports idea for insurance with HT/FT bets combined with trading in match odds is the best so far,but needs fine tuning.
Original idea was to lay the dog and back:draw/draw,draw/dog,dog/draw.

My idea is to lay the draw in MO for the multiple stake and back:draw/draw,dog/draw and maybe a very small stake on the dog.
In the in play market,if our(multiple)team score first we can hedge,leaving enough profit to cover the multi stake in case game ends in draw or dog wins and of course leaving enough money on the fav to pay for the insurance.

If dog scores first and goes on to win without losing the lead we pay the HT/FT stakes and some percentage of the lost multi.
If we have a draw untill half time we need an exit plan(i dont have one yet)!
and finally,if it ends 0-0 we are in serious trouble.

So if anyone has any thoughts and wants to help with this free insurance multiple mularkey,dont hesitate.


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