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this will not be the end, or even the beginning of the end. It is merely the end of the beginning [img:1mcv36at]http://homepage.eircom.net/~bray/em/oguinn.gif[/img:1mcv36at] [img:1mcv36at]http://homepage.eircom.net/~bray/em/msperv-l.gif[/img:1mcv36at]:3596.jpg



Quote: Red Preacher "Now, I'm going to sound really dim here, but as I don't gamble I suppose it's no real surprise that I don't quite understand what those odds are telling me. Let's see. So, if Salford lose by less than 24 points, you win 10% of whatever your stake was? Ie, put £10 on, Salford lose by saaaay, 16 points, you win a £1 and get your stake back too? Close?'"


If you backed Salford +24 for £10 then yes you would win, IF they don't lose by 23 or more, losing by 24 exactly would equal the draw, although I'm not sure the bet is for BIG punters like you? For a £10 stake you would return £19.09

10 x 21 (10/11) divided by 11

The popular bets on these odds are £55 to return £105 or £110 to return £210, I would say most people back the team given the handicap thus Hudds to win by 25 or more!

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Quote: The Black Cat "If you backed Salford +24 for £10 then yes you would win, IF they don't lose by 23 or more, losing by 24 exactly would equal the draw, although I'm not sure the bet is for BIG punters like you? For a £10 stake you would return £19.09

10 x 21 (10/11) divided by 11

The popular bets on these odds are £55 to return £105 or £110 to return £210, I would say most people back the team given the handicap thus Hudds to win by 25 or more!'"


Cheers for that although now my brain hurts... Think I'll stick to psychology. a050.gif

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this will not be the end, or even the beginning of the end. It is merely the end of the beginning [img:1mcv36at]http://homepage.eircom.net/~bray/em/oguinn.gif[/img:1mcv36at] [img:1mcv36at]http://homepage.eircom.net/~bray/em/msperv-l.gif[/img:1mcv36at]:3596.jpg



Quote: Red Preacher "Cheers for that although now my brain hurts... Think I'll stick to psychology.
Was in a rush on my morning break, could have explained it better.

The handicap basically gives Salford a 24 point start to the game so no matter what the final score is you would add 24 points to Salford, if that equates to Salford scoring more than Huddersfield at full time and you backed Salford you would win. E.G. Huddersfield 52 Salford 30, if the score was Huddersfield 32 Salford 8 then that would be the draw (you lose) or Huddersfield 48 Salford 12 its a Huddersfield win (you lose).

The price is your stake times the whole fraction divided by the latter number in the fraction.

So lets say you stake £50 on Salford +24, it would be £50 x 21 divided by 11 = £95.45 return so long as Salford were to get beat by less than 23 points.

Any clearer?

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Yeah! Got it. In effect, the bookies predict we're gonna get beaten by more than 24 points and are happy to give is that amount of points as a head start. A means of evening up the contest in terms of betting. Got it... Surely we won't get beat by that many?

Cheers for the explanation.

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Quote: Red Preacher "Yeah! Got it. In effect, the bookies predict we're gonna get beaten by more than 24 points and are happy to give is that amount of points as a head start. A means of evening up the contest in terms of betting. Got it... Surely we won't get beat by that many?

Cheers for the explanation.'"


I often see the Demmys around Salford. You can tell it's them from the personalised number plates on their Bentley/Roller (one's got a Bentley, one's got a Roller).

I often walk past the bookies near us, and none of the people in there look like they've ever been within 100 yards of a Bentley/Roller with personalised number plate, nor ever will be.

The bookies know what they're doing.

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Quote: PHOTO FINISH "SALFORD CITY REDS +24......10/11
'"


Red Preacher, the simplest was to understand those odds is that if you put £11 on Salford +24, and the bet wins (i.e. Salford lose by less than 24), you'll win £10 and get your stake back.

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Quote: Red John "I often see the Demmys around Salford. You can tell it's them from the personalised number plates on their Bentley/Roller (one's got a Bentley, one's got a Roller).

I often walk past the bookies near us, and none of the people in there look like they've ever been within 100 yards of a Bentley/Roller with personalised number plate, nor ever will be.

The bookies know what they're doing.'"


Precisely why I never gamble. My interest stems from an essay I wrote yesterday that included the 'gambler's fallacy.' That and there's a Billy Hill's across the road from my new house. Indeed, as you say, no Bentley or Roller drivers in there this morning.

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Me and are kid (TheButcher) putting the world two rights. ERIC SHAW PREDICTION LEAGUE & PLAY OFFS WINNER 2013 Don't like it? Well Frack off then. Energy & progress for all. Foe is our friend. mitie mouse, Lancetodd, Marshy1, eccles star, Dantes Inferno, Philyourboots, biggunbrad, DAVE@CAS1990, RED LEAGUE, OzWelsh, Red-Devils-PAW, newgroundb4wakey All blocked - Go ahead punk make my day.:11969.jpg



Quote: Red Preacher "Precisely why I never gamble. My interest stems from an essay I wrote yesterday that included the 'gambler's fallacy.' That and there's a Billy Hill's across the road from my new house. Indeed, as you say, no Bentley or Roller drivers in there this morning.'"


Used to play golf with Jim Ramsbottom occasionally years ago and he always used to say it was good I didn't gamble and that he was the only person to walk out of his places rich. Think the big flash Roller and private reg plate of BAC IT give him away slightly

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Quote: Red John "I often see the Demmys around Salford. You can tell it's them from the personalised number plates on their Bentley/Roller (one's got a Bentley, one's got a Roller).

I often walk past the bookies near us, and none of the people in there look like they've ever been within 100 yards of a Bentley/Roller with personalised number plate, nor ever will be.

The bookies know what they're doing.'"


Actually the bookies don't have to know what they are doing, or have priced things correctly. They merely need to have a balanced book so that whatever happens they take the edge.

There are times when the bookies don't appear to have priced things correctly, which is where the punter with a bit more knowledge can get an edge over the long-term.

In fact what the punter needs is not exactly more knowledge than the bookie, but more knowledge than the average punter. This is where betting on obscure games or on sports/teams where you have a very decent edge on the market is the way to go.

It still only gives you an edge though..and you'll need to bet over the long-term and win to prove that you really have the edge..

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this will not be the end, or even the beginning of the end. It is merely the end of the beginning [img:1mcv36at]http://homepage.eircom.net/~bray/em/oguinn.gif[/img:1mcv36at] [img:1mcv36at]http://homepage.eircom.net/~bray/em/msperv-l.gif[/img:1mcv36at]:3596.jpg



Quote: Red Preacher ". My interest stems from an essay I wrote yesterday that included the 'gambler's fallacy.'"



I'd be interested to read that. Theres also a fantastic book called 'Loaded Dice' The true story of a casino cheat, author John Soares thats well worth a read for anyone wishing to see how somebody well and truely got one over on the Casino's of Nevada during the 60's and 70's.

FWIW all bookmakers are TOXIC.

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At least give it a go salford , clean with 100% effort. No one thinks we will win, so just give it a go and be confident because if we dont we will be 50+ points down

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[size=100:inve33bl][quote="Dave Lister":inve33bl]I reckon Salford's fans are the friendliest i've come across and haven't got a bad word to say about them[/quote:inve33bl][/size:inve33bl] :CLAP: Love him or hate him, 163 consecutive appearances should make Stuart Littler a Salford legend in anyone's book :CLAP::Others/NA.JPG



Quote: Red Preacher "the bookies predict we're gonna get beaten by more than 24 points ..... Surely we won't get beat by that many?'"


I can believe that you didn't understand the gambling aspect, but the above is just crazy talk?! icon_wink.gif

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Quote: The Black Cat "I'd be interested to read that. Theres also a fantastic book called 'Loaded Dice' The true story of a casino cheat, author John Soares thats well worth a read for anyone wishing to see how somebody well and truely got one over on the Casino's of Nevada during the 60's and 70's.

FWIW all bookmakers are TOXIC.'"


Well, I'll let my leturer have a read first. If it's upto standard I'll fix you up with a copy.
'Loaded Dice' sounds interesting. Could do with all the reading material I can get for my next holiday. A month of trains and city breaks around Europe.

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Quote: Fatboys Limb "I can believe that you didn't understand the gambling aspect, but the above is just crazy talk?!
Precisely why I'm studying psychology. Therapists are expensive so I figured I'd best become one. Earn some $ and become my own therapist. icon_wink.gif

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this will not be the end, or even the beginning of the end. It is merely the end of the beginning [img:1mcv36at]http://homepage.eircom.net/~bray/em/oguinn.gif[/img:1mcv36at] [img:1mcv36at]http://homepage.eircom.net/~bray/em/msperv-l.gif[/img:1mcv36at]:3596.jpg



Quote: Red Preacher "'Loaded Dice' sounds interesting. '"



You at the game tonight? If so you can borrow it.

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