robmatey Posted April 19, 2005 Share Posted April 19, 2005 hi everyone. just a thought. if i was 300 points down(say, cos my system is crap) and i want to recoup some of my losses, can i not cover both possible outcomes of a 2 possible outcome bet i.e. darts, snooker etc and reduce my losses? for example; 300 points down snooker match with playerA at 1.5 and playerB at 2.5 (genuine odds from willhill) if i put 200 on playerA and 120 on playerB when the match is over i will have made back the 300 points and will only be down by the losing bet i.e. 200 or 120 instead of 300. this isn't about profit and it's not about arbitrage but it could be used to reduce losses. maybe some of you do this anyway and it's old news or maybe the whole theory is rubbish but i'd like to know what you guys reckon about this. Cheers.:ok Quote Link to comment Share on other sites More sharing options...
Osesame Posted April 19, 2005 Share Posted April 19, 2005 Re: about recouping losses In effect you have made a bet and staked £320 to return £300......your losses will now be £320 Quote Link to comment Share on other sites More sharing options...
robmatey Posted April 19, 2005 Author Share Posted April 19, 2005 Re: about recouping losses ye, sorry, just realised that was bollocks. Quote Link to comment Share on other sites More sharing options...
ian3012 Posted April 19, 2005 Share Posted April 19, 2005 Re: about recouping losses osesame is right robmatey.... i think decimal odds are confusing you.... go onto betfair and try it as a dummy run in a "two horse" market.... you'll see that you'll lose 20 points.:sad Quote Link to comment Share on other sites More sharing options...
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