Comments on: Why Are Betfair’s Odds So Efficient?

By: Graham Hulland

Graham Hulland — Thu, 06 Feb 2020 20:02:18 +0000

Hi Mike, I mainly do match betting and each way sniper using your system obviously. I find myself constantly getting gubbed. I notice above your answer to a question from Liam, You mention Each Way Sniper value system, is this different to the normal one or is it the same using gubbed accounts and just laying the highest amount the bookies will allow on your restricted account which of course is usually lower than a £5 each way bet. Thanks.
Regards Graham

By: bossofbetting

bossofbetting — Mon, 14 Jan 2019 14:11:34 +0000

Betfair was pretty good for trading 4-5 years ago, but now there aren’t enough liquid markets for profitable trading. But Betfair still good for classic betting with good odds and winning players welcome politics.

By: Mike Cruickshank

Mike Cruickshank — Sun, 06 Jan 2019 19:23:33 +0000

In reply to Richard.

Hi Richard, you would likely have a profit overall if you focus on steaming selections (odds falling). Often these sort of bets keep continue to shorten.

Bookie Blowout is based on a similar strategy https://mikecruickshank.com/bookie-blowout-review/

By: Richard

Richard — Sat, 05 Jan 2019 12:33:41 +0000

If I were to only Back selections with the bookies where the Back price with the bookie was the SAME as the Lay price on Betfair (Ie. Not arbitrage), over the long term would I win money, lose money or break even?

By: Mike Cruickshank

Mike Cruickshank — Wed, 02 Jan 2019 22:04:46 +0000

In reply to Dave B.

Hi Dave, Yes I’ve done some recently on the https://mikecruickshank.com/lay-to-lose-guarantee/

This isn’t suitable for newbies, but if you have some trading experience you can pick up steamers (odds falling).

When the market stops moving you can then lay off for an equal profit at much lower odds.

This may sound easy but it’s difficult and requires lots of practice.

By: Dave B

Dave B — Wed, 02 Jan 2019 19:15:42 +0000

Hi Mike, have you done any research relating to odds movements on some of the very generous money back offers currently available, and the potential for any serious odds movement off the back of these things offers.

By: Mike Cruickshank

Mike Cruickshank — Wed, 02 Jan 2019 18:09:58 +0000

In reply to Michael Crookes.

Hi Michael, give this a watch https://s3-eu-west-1.amazonaws.com/bonusbaggingvids/unmatchedbet.mov.ff.mp4

By: Michael Crookes

Michael Crookes — Wed, 02 Jan 2019 17:34:28 +0000

Hi mike,I have a question,sometimes when placing a bet it doesn’t match and only part of my stake is accepted,why does that happen and how can I overcome this.
Thank you.

By: Mike Cruickshank

Mike Cruickshank — Wed, 02 Jan 2019 13:58:40 +0000

In reply to Liam Sullivan.

Hi Liam, yes Each Way Sniper is a form of arbitrage. Usually you will take a loss in the win market. The profit comes from the place market. I’ve written about how it works here https://mikecruickshank.com/each-way-arbing/

You can get restricted for doing any value betting strategies with the bookies, that’s part of the game. I’d advise doing the Each Way Sniper value system with gubbed accounts. It works wonders even with low stakes.

By: Liam Sullivan

Liam Sullivan — Wed, 02 Jan 2019 13:38:31 +0000

Hi Mike. A nice piece which is well explained so many thanks. One question please? Isn’t the each-way sniper method just arbing, only with each-way terms instead of on the win market? And isn’t that just a quick way to having account restrictions? Thanks