Temiwadisai Posted April 25, 2011 Share Posted April 25, 2011 I know this is a very basic question but can't seem to find an answer anywhere. I am trying to do this for an arbitrage 2 way bet but it doesn't seem to cover all the bases as far as i can see. The way i have been explained to place this bet is... 1 X2, bet on win with bookie 1. bookie 2 bet for win OR draw 1X 2, bet for win OR draw with bookie 1. bookie 2 be for win. I dont understand how this can be classified as a sure thing bet as it only allows 2 of the possible 3 outcomes to be covered. Quote Link to comment Share on other sites More sharing options...
davidc Posted April 25, 2011 Share Posted April 25, 2011 Re: 1 X2, 1X 2 I know this is a very basic question but can't seem to find an answer anywhere. I am trying to do this for an arbitrage 2 way bet but it doesn't seem to cover all the bases as far as i can see. The way i have been explained to place this bet is... 1 X2, bet on win with bookie 1. bookie 2 bet for win OR draw 1X 2, bet for win OR draw with bookie 1. bookie 2 be for win. I dont understand how this can be classified as a sure thing bet as it only allows 2 of the possible 3 outcomes to be covered. Looks to me like you need to place bets on: Home win & draw (1X) where the bookie prices this as 1 bet AND Away win and draw (X2) where the bookie prices this up as 1 bet. You have covered the home win the draw and the away with these 2 bets and also have the possibility of a double pay out if the game ends up a draw. GL Quote Link to comment Share on other sites More sharing options...
Temiwadisai Posted April 25, 2011 Author Share Posted April 25, 2011 Re: 1 X2, 1X 2 Thats the way i understood it at first but I can not seem to do X1 or X2 or 1,2 (with out draw) with betfair or pinnacle. Am I missing something on either of these two sites Quote Link to comment Share on other sites More sharing options...
Grex Posted April 25, 2011 Share Posted April 25, 2011 Re: 1 X2, 1X 2 I think you will find that X,1 = lay 2.... X,2 = lay 1.... 1,2 = lay X on Betfair :ok..... but then, of course, you can't take any arbitrage advantage with the same bookie. Quote Link to comment Share on other sites More sharing options...
davidc Posted April 25, 2011 Share Posted April 25, 2011 Re: 1 X2, 1X 2 Thats the way i understood it at first but I can not seem to do X1 or X2 or 1' date='2 (with out draw) with betfair or pinnacle. Am I missing something on either of these two sites[/quote'] Both these bets are available as stand alone 1X or X2 bets or as Asian Handicap +1/2 and so, depending on the game and the odds, may be available at Betfair and Pinnacle. Quote Link to comment Share on other sites More sharing options...
Temiwadisai Posted April 26, 2011 Author Share Posted April 26, 2011 Re: 1 X2, 1X 2 So you mean with the Asian handicap that {i will you todays game as example} Shalke -0, does this mean shalke to win or draw? manchester utd -0 does this mean utd to win or draw? Quote Link to comment Share on other sites More sharing options...
froment Posted April 26, 2011 Share Posted April 26, 2011 Re: 1 X2, 1X 2 No, it means draw no bet - you win if the team wins, and you get your stake back if it's a draw. Schalke +0.5 or Man Utd +0.5 would be win or draw - you win in case of either win or draw. Looking at your original post, I think there was some missunderstanding: your concept is to bet on double chance HOME WIN or DRAW with one bookie and AWAY WIN with another bookie (or your second variation, which effectively does the same, HOME WIN with one bookie and double chance DRAW or AWAY WIN with another bookie); in that case, you have covered all three outcomes (I don't know why did you conclude "it only allows 2 of the possible 3 outcomes to be covered", as all three outcomes are covered), but problem is, obviously, to find bookies who offer high enough odds that will allow such a bets, which has to do with looking for arbitrage opportunities, and they are not so frequent: http://en.wikipedia.org/wiki/Arbitrage_betting Quote Link to comment Share on other sites More sharing options...
davidc Posted April 26, 2011 Share Posted April 26, 2011 Re: 1 X2, 1X 2 So you mean with the Asian handicap that {i will you todays game as example} Shalke -0, does this mean shalke to win or draw? manchester utd -0 does this mean utd to win or draw? To better understand Asian Handicap odds check out here. Quote Link to comment Share on other sites More sharing options...
champs1uk Posted May 10, 2011 Share Posted May 10, 2011 Re: 1 X2, 1X 2 Does anyone here use a sports arbitrage software. If so whats the best one to use? Quote Link to comment Share on other sites More sharing options...
.thumb.JPG.8c5a15b710f7a4188ce438df64354c1e.JPG)
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.