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Old 02-03-2004, 03:46 AM
robster robster is offline
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Default draw no bet anyone?

If bookies and or exchanges offered the option of draw no bet on all games, otherwise known as level ball betting I believe, would that interest anyone? I think it would be handy on a team that has odds to win, in three way betting of lets say +130, i.e. a slight underdog but that could be in a highly likely draw situation. Of course the odds for draw no bet on a team at +130 would go down quite a bit (-120 or -130 maybe?). It would be prohibitive on say a team that is -500 on three way odds, draw no bet for that would go to what, -1100 or something? Anyway, just food for thought.
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Old 02-03-2004, 03:57 AM
nfleqbc nfleqbc is offline
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Default RE: draw no bet anyone?

As it stands now, you can create your own draw-no bet through simple hedging. Just simply allocate the funds so that you'd win the amount you're risking on the win off of a draw.

Pinnacle offers +125 on Northampton and +240 on DRAW right now. So if you wanted a draw-no-bet on Northampton, you might:

$100 on Northampton to win $125
$42 on DRAW to win $100

Thus if Northampton wins, you win $83
If a DRAW, you basically push (actually, you win $0.80...)
If a Yeovil win, you lose $142

You're risking $142 to win $83, and are thus getting a price of -171
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Old 02-03-2004, 03:59 AM
nfleqbc nfleqbc is offline
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Default RE: draw no bet anyone?

Analogously, Yeovil are +180, so

$100 on Yeovil to win $180
$42 on DRAW to win $100

risking $142 to win $138 gives a price of -103
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Old 02-03-2004, 11:49 AM
Shawn Shawn is offline
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Default RE:draw no bet anyone?

Building dnb out of 3-way prices is too tough unless you have a lot of books, and even then liquidity is an issue. Asian H-cap is a much better way to go (and again, you want as many outs as you can get to compare... Yeovil isn't the best example as few places do English D-3, in fact we're one of only 3 I know of...).

Two or three solid Asian H-Cap joints for big leaguesare a good start. Betting exchanges are OK and Betfair can be useful, but beware the commissions paid on wins. The professional trader who has 8-10 Asian H-cap outs won't bother with Betfair all that much, as he's probably betting into 1.975/2.00 or better as it is ....

Betfair is still king for 3-way, provided you have liquidity.

S
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Old 02-03-2004, 05:23 PM
nfleqbc nfleqbc is offline
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Default RE: draw no bet anyone?

Yeah, I realize that I picked a heavily juiced line... but it was the first soccer game, going down the list on the front page, that had a 3-way line....
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Old 02-03-2004, 06:05 PM
rocketman rocketman is offline
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Default RE:draw no bet anyone?

Shawn,
Who do you reccommend as other outs for Asian HcAps?
We all know Pinnacle is still king however [img]i/expressions/face-icon-small-smile.gif[/img]
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Old 02-04-2004, 08:28 AM
Shawn Shawn is offline
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Default RE:draw no bet anyone?

Rocketman...

they don't pay me to reccommend th competition but the 3 above-ground to semi-above-ground outs I personally use the most are:

Macau Slot (my busiest acct. bar none)
Pacific Sport Club (formerly known as J. Phan)
Bet 365

S
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Old 02-05-2004, 09:29 AM
Ahead Ahead is offline
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Default RE:draw no bet anyone?

Regarding shopping around-my feeling is that it becomes less and less important.
I use my european betting market as background,and my feeling is that more and more copying is going on,therefore the value of shopping around becomes less.
It costs to have too many accounts as well-and my feeling is that 4-5 different outs is enough these days.
Now,the offshoremarket may very well be different-but as things goes on,the originality that gives different odds probably will suffer here as well.
Right or wrong?
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