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| | #101 (permalink) |
| Lion El' Johnson ![]() ![]() ![]() Join Date: 02 Nov 2006 Location: Melbourne, Australia
Posts: 250
| I can see where you're coming from Ash, you're basically talking about value. As you said, you think Ottens is a 110.00 chance but you're getting 500.00 so you take it. I think if you want to think in those terms with what beejay is saying (and I'm hesitant to speak for him) but Beejay is so openly against Ottens winning that his rating of Ottens as at least a 1000.00+ and hence represents no value at all. Every time we look at a bet, we give our own values and probabilities of a win. However, theres still a significant difference in purely betting on value which you do. My own way of punting is that I will simply choose who I think will win. I may assign a value to Ottens of 50.0 but I still wont take the 500.00 becuase I have 30players in my mind that I think will beat him. While I would be getting so much more money than what I'd expect, I wouldn't risk it when in my mind he is 'still' a very low chance of winning. I havn't really added anything to this I guess. I suppose what I'm saying is we should try to be a bit more understanding of other peoples reasons for their bets, but also we need to make clear about our reasons... and it's up to the readers to decide whether they like your system, and hence follow it, or not. Edit: I just read over that... and I've confused myself... we'd probably all be best ignoring it ![]() Last edited by koi_saisei; 24-03-2007 at 09:28. |
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| | #102 (permalink) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| AFL Punter ![]() ![]() ![]() ![]() ![]() ![]() Join Date: 23 Jun 2005 Location: Australia Age: 49
Posts: 1,063
| Yeah good points koi. Having the same opinion isn't important but having the language understood is. That's what I mean by staying out of here a bit this season - to keep the head screwed on. I've heard "Top-50" Brownlow chances mentioned in recent posts, so seeing as I've actually framed my top 640 then I may as well post my top 50 from that. Some of the bookie prices might not be up to date though. Kerr I actually backed earlier but I feel he's more of a querry now given recent events.
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| | #103 (permalink) | |
| Statistical Punter ![]() ![]() ![]() ![]() ![]() ![]() ![]() Join Date: 11 Aug 2006 Location: Australia
Posts: 4,296
| Quote:
![]() I would hate to think something I posted last night would stop reduce your posting in here beacuse you are offering a different view...I would welcome your thoughts as they are different to the main stream and that is a great thing...So rather than post less, post more often and i promise not to post in a ridiculing manner to you again...I quite liked your earlier post and the way you approach your football betting. So Apologies if i sounded antagonistic or anything Ash...It was Friday night drinking at Buninyong Golf Club actually playing Poker ![]() I was actually having the same debate about Ottens at the bar last night...I tend to think like Oscar posted b4 regards Ottens and the value...Will post my reasoning an a little while. | |
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| | #104 (permalink) |
| Statistical Punter ![]() ![]() ![]() ![]() ![]() ![]() ![]() Join Date: 11 Aug 2006 Location: Australia
Posts: 4,296
| Re read your earlier post with interest Ash and if you thought Richmond would win wooden spoon at $5 and were getting $8 then that is a great bet. $5.00 - 4/1 - 20.0 % $8.00 - 7/1 - 12.5 % You are almost getting a double Overlay for the team you think will win. My thoughts on the Brownlow are that history seems to always repeat, even more so now with so many stats available...Certain players poll well, and certain players don't...Guess the point I was trying to make with Ottens is that he is not traditionally a big votegetter...I would rate Paul Chapman a better chance to get more votes than Ottens playing as a Geelong forward...And when was the last time a forward won a Brownlow? Tony Lockett in 1987? Ottens is no Lockett...As far as forwards go, Matthew Pavlich and Jon Brown are votegetters and will do it again this year because they are great players. Just for Interest, these are the overlays you have which represent value to me, although I very much doubt any of them will get close, maybe Kornes would be the best chance, but he had a great season last year and wasn't even in Top 10. Johnstone, Travis 115 201.0 SportsBet Raines, Andrew 125 501.0 Sportingbet Griffen, Ryan 125 201 TAB Embley, Andrew 150 201.0 Acumen Cornes, Kane 150 251 Centrebet Murphy, Mark 160 251 Sportingbet Bartel, Jimmy 168 301 TAB Shaw, Heath 175 501.0 Centrebet Swan, Dane 175 251 Centrebet The good value bets from your list under $100 is Sandilands, Ling, Wells, Kirk in my opinion. I understand the concept of value betting when the odds are in your favour, that's basically how I bet...Getting $500 from the Bookies for something I rated around $110 is vaue in a monetary sense, but in a percentage sense it is not in my mind as far as Brownlow Medal betting is concerned...Outside of the Brownlow I would say yeh take it...But you have Ottens at over $100 to win, and even at this early stage you have Judd at $11 which indicates how much of a chance you give Judd. If you are getting $500 about Ottens who you have rated at $110 then good luck with your bet Ash as it represents value to you...For me he is a player who you rated over 100 to 1 and in my mind he clearly cannot win the Brownlow the way he plays the game, so there is no price the Bookies could give me that would represent value to me. Can I ask you If you were to frame a market on who would get more Brownlow votes out of Judd or Ottens this season, what odds would you have? Oddly enough, I am considering having a small bet on ottens now, as things like this sometimes have a way of biting us on the bum again ![]() |
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| | #105 (permalink) |
| Statistical Punter ![]() ![]() ![]() ![]() ![]() ![]() ![]() Join Date: 11 Aug 2006 Location: Australia
Posts: 4,296
| One more thing Ash... I am only talking about Ottens and the Brownlow too as far as anything you said, as I believe he is very overrated and has rarely had a great year, and he often gets injured and misses games, which is another reason why I don't rate him for the Brownlow. I am very much looking forward to your thoughts on AFL games in general, especially if you think outside the box when it comes to finding the likely winner. Didn't mean to get you on the back foot and have you feel the need to explain your reasoning for the Ottens bet...Sounds like you have a very sound principle/method in place when it comes to the AFL, and thats a good thing. Best of luck for the AFL season and hope we can all make some $$$ ![]() |
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| | #106 (permalink) |
| AFL Punter ![]() ![]() ![]() ![]() ![]() ![]() Join Date: 23 Jun 2005 Location: Australia Age: 49
Posts: 1,063
| I wasn't so much offended BJ, because I could tell you were just doing some freefall off a decent night on the refreshments. Thought it's worth explaining my language though because, as I mentioned above, it can get very pointless being here otherwise. |
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| | #107 (permalink) | ||||||||||||||||||||||||||||||||||||||||||||||||||||
| AFL Punter ![]() ![]() ![]() ![]() ![]() ![]() Join Date: 23 Jun 2005 Location: Australia Age: 49
Posts: 1,063
| Quote:
Roughly from memory my market would have been something like this: Adel 500This is what I mean. I'm not convinced too many people properly accept what punting value is. Most are held back by thinking backing a loser is a bad bet and backing a winner is a good bet. I make bets all the time that fall over badly, that people would say "dumb bet", but IMO were actually a wise bet. For example, I might take 4.00 on the 'dog on the basis that I feel they could be due a bit of upward trend and the fave after six on the trot could be due a flat spot. If the flat spot doesn't occur and the fave wins by ten goals that still doesn't disprove my bet. If after 200 bets I'm losing, well that proves my bets were wrong but not one shallacking that to many would only look like a 'dumb bet'. A couple of example staments I hear a lot where people are really tricking themselves out of profits are; 1. "Yeah, Hawthorn will win but you'd be crazy to take the 1.40 - NO BET!" [I heard this from a big punter who earns his living soley from punting on the footy (plays the 'caps mostly, which for those accustomed to tipping margins is really about taking value - and I'm certainly not knocking that method - horses for courses) If he thinks that then with 3.35 available on the 'dog (Rich), well he should be loading up on Rich, WITHOUT HESITATION! Others agreed with him and all said, "yeah, too short, NO BET!" all thinking they understand value by wisely not having a play. Guess who won that game? 2. "Yeah, I agree 2.50 is good odds but this game is a dead set toss up. You'd be a brave man to have a bet" Quote:
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| | #108 (permalink) | |
| AFL Punter ![]() ![]() ![]() ![]() ![]() ![]() Join Date: 23 Jun 2005 Location: Australia Age: 49
Posts: 1,063
| Quote:
, but I'm not worried about all that. As I said one result either way proves nothing and shouldn't deter people giving their view.As a matter of fact, I've no doubt Ottens and Mooney will tie for first and my bets will get pushed. ![]() | |
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| | #109 (permalink) |
| 8ft Sativa lovin punter! ![]() ![]() ![]() ![]() ![]() Join Date: 16 Feb 2007 Location: West Auckland Age: 34
Posts: 751
| Ashtee,I followed you last year and I must say you are very,very good,hopefully more of the same from you this season,Good Luck. |
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| | #110 (permalink) | |
| Statistical Punter ![]() ![]() ![]() ![]() ![]() ![]() ![]() Join Date: 11 Aug 2006 Location: Australia
Posts: 4,296
| Quote:
Best overlay i ever had on the races was a horse called Playful Princess in the Australian Cup and I rated it at 4/1 and got 16/1 at Ballarat race course...Definitely agree with you as far as value goes, if you can always find value then you will end up better off in the long run, as long as your assessments are correct. Without giving away how you do things Ash, how do you assess a football match and what factors are the most defining for you when it comes to rating a football match? | |
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| | #111 (permalink) |
| 99.9% Intelligence Free ![]() ![]() ![]() ![]() ![]() ![]() ![]() Join Date: 07 Oct 2006 Location: Australia Age: 22
Posts: 3,049
| Ash, a couple of quick questions. First is just a generalish one, the kind the cat kills: How much of an influence does your opinion of particular teams affect the Brownlow prices? I know you've said it has some impact, just wondering how big. Second, I take it you have a Betfair account? I noticed some of your best prices for selections have seen those runners matched a fair bit higher on Betfair. |
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| | #112 (permalink) | |
| AFL Punter ![]() ![]() ![]() ![]() ![]() ![]() Join Date: 23 Jun 2005 Location: Australia Age: 49
Posts: 1,063
| Quote:
2. As I said, many of those Bookie odds are now out of date as I haven't updated all players since Betfair got properly involved. I took the 170.00 Wells and that's my 80.00 bid for McLeod if someone would like to help themselves to a free $6.00. Problem at Betfair is no Each Way option and for small punters backing several players means tieing up a chunk of the betting bank. I mostly don't have any big futures bets but instead have lots of little ones throughout the season. | |
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| | #113 (permalink) | |
| AFL Punter ![]() ![]() ![]() ![]() ![]() ![]() Join Date: 23 Jun 2005 Location: Australia Age: 49
Posts: 1,063
| Quote:
I write a report on every game. Broken down into, scores, team strength, weather and conditions, morale and motivation, prep/rest/travel, application, etc. It doesn't have to be detailed to be effective - it might only take a minute. Read articles. Eg. Todd Viney's weekly report on the Hawks web site often divulges some great info. Stats I don't get carried away with. Watching the game is far more important IMO. Assessing a game: Use both sides of the brain. The left side organises all the above data plus line-ups, etc but the right side (intuitive side) is much much smarter than that I believe. My odds rating is often done in an intant - by what feels right. So i'm drawing not so much on past stats but more on what the intuitive mind thinks will happen this time (hope I'm not sounding too sci-fi) At the same time if I feel one team is a 1.50 chance I must also strongly feel the other is a 3.00 chance, to the point that I won't fear backing either depending on which is the value. Looking out for motivating factors is a good area to gain a winning edge I believe. Although this is harder these days because all clubs have tightened up in these areas over recent years. For example these days we rarely hear coaches making bold pedictions about an upcoming match. Whenever I hear it it usually tells me that that club doesn't believe it can win. Also it can motivate the opponent of course. Ash. | |
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| | #114 (permalink) |
| 99.9% Intelligence Free ![]() ![]() ![]() ![]() ![]() ![]() ![]() Join Date: 07 Oct 2006 Location: Australia Age: 22
Posts: 3,049
| Cheers Ash, was more curious than anything. I always wondered what it would be like to do your own personal vote tally for each round and then trade the Brownlow market on Betfair during the tally. I remember Dal Santo hit 5s two years back when I took him at 117s and wished I could have layed, except the back was with Sporting. Always got me wondering though whether the market could be traded from that angle. Still haven't had a single bet for this year and probably wont. Generally a selection or two will hit 150s or so before hitting 17s, so I might hope to catch one of them ![]() |
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| | #115 (permalink) |
| AFL Punter ![]() ![]() ![]() ![]() ![]() ![]() Join Date: 23 Jun 2005 Location: Australia Age: 49
Posts: 1,063
| Oscar, I consider the advantage of backing is the bookie feels obliged to post prices on every market and every competitor. As a punter we don't have to back every competitor but if the bookie makes a judgment error with just one, then we can pick it off. That's where laying whole markets on Betfair can be more risky. Making isolated lays like you were talking about is different of course. Funnily enough I market laid the NAB Cup. I laid Brisbane at 20.00 and 28.00 to the point that Bris would have been a disatorous result, even though 35.00 and 41.00 was freely available among bookies - I elected not to lay off. I laid Carl for a little bit of 30.00. Fortunatly I got out with a small profit overall. |
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| | #116 (permalink) | |
| AFL Punter ![]() ![]() ![]() ![]() ![]() ![]() Join Date: 23 Jun 2005 Location: Australia Age: 49
Posts: 1,063
| Quote:
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