Greening up on Betfair

Published in BetGizmo.com Betfair by Bet Gizmo

Betfair Greenup, Betfair Green-up, Betfair greening up or going all green on Betfair are just some of the terms used to describe the process of guaranteeing a profit on Betfair no matter who wins. This may sound like a scam from a “get rich quick” email but it is a real Betfair technique that is very easy to apply.

The reason the technique is called greening up is because when it has been performed correctly the Betfair grid shows a green profit value for every selection in a race, thus guaranteeing a profit no matter who wins.

The technique can be used on a rising or falling market and has 3 basic steps that are performed on a single selection from the list of competitors. The example below is for a falling selection, i.e. a competitor who’s odds are shortening.

  • Step 1 Backing a selection whose odds are falling.
  • Step 2 Laying the selection to secure a profit.
  • Step 3 Greening up to guarantee a Betfair profit no-matter who wins.

Step 1 – Backing a selection whose odds are falling.

The first step is to identify a competitor whose odds are either falling or going to fall. When the selection has been identified a back bet is placed on that selection.

If a back bet of 2000 was placed on Stalking Shadow at odds of 2.2, this means that:

If Stalking Shadow wins, we win (2.2-1) x 2000 = 2400.00 ( and get our 2000 stake back )
If Stalking Shadow loses, we lose our stake of 2000.00

Step 2 – Laying the selection to secure a profit.

The market has been monitored for a while and as can be seen Stalking Shadow’s odds have now shortened to 1.25, it was decided that this was a good time to secure a profit on Stalking Shadow.

To secure the profit it is a simple task of laying exactly the same stake on Stalking Shadow. Laying 2000 at 1.25 on Stalking Shadow has the effect of canceling all the losses if Stalking Shadow loses and returning our original stake of 2000. This means that:

If Stalking Shadow wins we then win 2400 ( from step 1 ) and lose (1.26-1) x 2000 = 520, therefore 2400-520 = 1880.00.
If Staking Shadow loses we lose 2000 ( from step 1 ) and win 2000 from this lay -2000+2000 = 0.
Another way of calculating this is (original Back price – lay price) x stake i.e. (2.2 – 1.26) x 2000 = 1880.

This is a great position to achieve, if Stalking Shadow wins we win, but if Stalking Shadow loses we do not lose a penny.

Step 1 and step 2 can be performed as many times as required, remembering that the same stake values must be used for each step 1 – step 2 cycle. This is a simple form of Betfair trading!!

If desired we could stop here and wait for the race to run, the only problem is that after all our good work we are still reliant on Stalking Shadow winning for us to profit from this race.

Step 3 – Greening up to guarantee a Betfair profit.

If we wanted to stop at step 2 then that is fine, we just need Stalking Shadow to win. However, there is an alternative, we can “spread” the possible winnings of 1880.00 that Stalking Shadow is showing across the other competitors. This is performed by one simple calculation and another lay on Stalking Shadow.

This is normally performed just before the race is about to start and all step1 – step 2 cycles have been completed.

What we do is: Divide the profit showing on Stalking Shadow ( 1880.00 ) by the best lay price Stalking Shadow is showing ( 1.23 ) to give us a stake value, then lay this exact value on Stalking Shadow, so:

1880.00 / 1.23 = 1528 is the stake value to lay on Stalking Shadow
This has the effect of “spreading” the 1880.00 profit on Stalking Shadow across the other competitors, and because Betfair can see that Stalking Shadow is in profit we do not have to use our own money to do this.

The result is:

If Stalking Shadow wins we then win 1800 and lose (1.23-1) x 1528 = 351.44 giving a result of 1800-351.44 = 1528.56.
If Staking Shadow loses we win the lay bet of 1528.00

So by reducing the winnings if Stalking Shadow wins from 1880 to 1528.56 we have now created a position where we will profit no matter who eventually wins this race. A guaranteed profit that does not even require us to be concerned about who wins. Just turn off the PC and TV and have a well earned drink, knowing that the money is “in the bank”.

For a rising market

This technique can also be performed on a rising market. If you predict the odds will not fall, but rise then Step 1 should be a lay and step 2 should be a back, with step 3 remaining unchanged.

BetBright vs. Betfair – Bookmaker Odds vs. Betting Exchange Odds

Published in BetGizmo.com Sports Betting by Bet Gizmo

betbright vs betfairIf you’re a regular of the various local betting shops and online bookies, then chances are that you have noticed that bookmakers’ odds are priced less than the ones available at betting exchanges.

Curious about the reason, I raised the question to Mike, a friend at https://www.betbright.com/sports, and he was so kind to give me an extensive explanation.

- While you might find the whole situation as an attempt to lower user profit margins, you might be surprised to learn that this is due to the fact that bookmakers also feature backing for the outcome. Essentially, each time you place a wager with the operator, you earn the possibility of an arbitrage transaction at the same time.

Gambling on football requires sound psychology & discipline

Published in BetGizmo.com Sports Betting by Bet Gizmo

money tree & footballWhen it comes to successful gambling – psychology and self-discipline are everything.

All types of betting are, to some extent, motivated by “fashion” and this probably applies to football more than any other form of betting. Football is, after all, the world’s most popular sport with an unbelievable amount of attention devoted to it.

This is great news for the shrewd gambler as it offers the value seeker some wonderful opportunities. Manchester City are “bound” to win game X etc…

Most of us are victim to fashion of some form or another at some time in our lives. The trick is to try and ignore it. Leave your prejudices, personal favouritism, irrational likes and dislikes, and emotions to one side and concentrate only on the cold, hard facts – let the stats be your guide in other words.

Online Slot Machine Featured Games

Published in BetGizmo.com Casino Games by Bet Gizmo

fruit machineGambling has always been big business and even in these economically difficult times, it still continues to boom. With computers and mobile devices making accessibility like a breeze, you can easily find a site that suits your needs whenever you want to pit your wits and luck against the slot machines.

What games are available?

There are just so many different games that it is impossible to name them all. Fruit machines or one arm bandits have always been a favorite in arcades as well as online. With the bright lights, the attractive aesthetics and the spinning wheels, you can see why they are highly addictive. There are some sites that offer free online slot machines. This is a fun way to spend the hours if you are at a loose end. But do note that usually, the free machines are only a small step away from paid machines, and the gaming sites will do everything in their power to get you to play for real money. If slot poker is your scene then you will find a large percentage of online games that you can join and some will even give you free money to get you started.

Choosing Which Casino Site To Join

Published in BetGizmo.com Online Casino by Bet Gizmo

which casino to chooseWhen you first look at joining a casino site, it may seem that there are too many sites to choose between. They all offer a similar range of games and many of them offer a great welcome bonus when you first sign up.

You might think it’s a good idea to cash in on those welcome bonuses and to join a number of casino sites, but although there’s nothing to stop you doing that in principle, the reality of keeping track of your spending at a number of different sites is harder to manage. The best policy is to try out a range of different sites, using the free play mode that most of them have, before deciding where to put down any of your money.

There are different things to consider about where you might play casino games. First off, do you have a particular game that you like more than anything else? If you’re a baccarat fan, for example, you should make sure the site you join offers baccarat as part of its games selection. Try the games out in demo mode, which is where you play the games as if for real cash, but without having to put any money in. This allows you to see what the graphics are like and how easy (or not) it is to place bets, move around the games and site in general.

Paddy Power Poker $2,000 sign-up bonus

Published in BetGizmo.com Poker by Bet Gizmo

PaddyPowerPoker LogoIrish bookmaker Paddy Power is offering a $10 free bet and $2,000 sign-up bonus when you join today.

Paddy Power’s poker site is free to download, offering you the chance to play Texas Hold’em, Omaha and Stud Poker either for real cash or play money. Or if they like me you prefer to play in your browser, I was still able to play and not need to download anything.

Issues to consider before Choosing an Online Sportsbook

Published in BetGizmo.com SportsBooks by Bet Gizmo

What are the best chance of winning at casino games or online sports betting? Even having a slight edge can mean the difference between winning big and winning small money for those in areas where online casino gambling or sports betting are legal and popular. The plus point here to understand is that if you are willing to wager any money at all why not win as much as possible. Full credit goes to the technological advances in the field of internet technology which has made it easier for people to have many more options than they ever dreamt of before. Online betting has opened up a new era in the betting world and has been an instant success. Today you can even enjoy sports betting on your mobile thanks to top bookmakers like PaddyPower or Coral, with options including iPad and iPhone Apps.

The very first thing to keep in mind before signing up for an online sports betting website is the sign up bonus. Some web pages can give up 10 to 15 percent bonuses to their new clients. To make it simpler let’s suppose a casino gives 10 percent bonus to new clients on signup, if the new client deposits 100 dollars initially the casino will actually credit 110 dollars to his account. This money can be used to enjoy many services which the site offers; these include from sports book odds to online casino games such as progressive slots or video poker. So in short before choosing a site to gamble on you must look at the details regarding the bonuses which they offer.

Online Poker Tools You Must Get Used To

Published in BetGizmo.com Poker by Bet Gizmo

poker toolsOnline poker has been around for some time and since its release the number of poker players all over the world has continuosly increased. Online poker is the easiest way to get connected to the world of poker gambling without having to leave home. It also allows to play at a faster pace offering as well the possibility to gamble at more than one poker table at once. To get the most from these amazing features your mind and computational skills are often not enough. This article will introduce you to some online poker tools that can be of a great help when experiencing the online gambling at a poker table and can optimize your play and increase you winning chances.

Let’s take a look at these tools and learn how to take advantage of them.

Sports Betting at Royal Vegas Online

Published in BetGizmo.com Online Casino by Bass9396

royal-vegas-casinoThe betting atmosphere inside a casino is charged with energy all the time. The sportsbook is running events constantly while the blackjack tables are running games faster than humanly possible behind that. This is a wonderful site to behold, but this is not the only way that people can get their gambling fix when they are looking to place bets or play a little blackjack.

Low Stake Hands Are The Trickiest!

Published in BetGizmo.com Poker by Bet Gizmo

More often than not, the low stake Texas Holdem games are viewed as practice hands and hence, are not taken seriously by players. However, very few of the players who are learning the basics of the game are aware of the fact that they will ultimately dictate the profitability of the contestant in this game.
Essentially, winning at poker is not really about landing a lucky hand that brings you thousands of dollars instantly, but rather in playing smart and tight with small stakes, and especially when you are in a big tournament like the World Series of Poker with its $10,000 buy-in, you don’t want to get burst after just a few hands, right? Consequentially, if you discovered your passion for poker and want to make a living from it, the best approach is to develop a taut and aggressive plan as well as stick to it.

The Huge Winning Opportunities on Betfair Exchange Games

Published in BetGizmo.com Betfair by Bet Gizmo

BetFair is one of the world’s prevalent betting exchange sites. It is the largest betting exchange in UK. It not only offers betting on various sports, but also allows the members to bet on various card games.

Since BetFair is a betting exchange and it also offers betting on card games, these card games are called as exchange games. Exchange Baccarat, exchange Blackjack, and Exchange Hi/Low are some of the popular card games on BetFair.

How to Find These Exchange Games:

Since BetFair offers these games, they are available on the official website of BetFair. Once the website is open, there is an option as Games. By clicking on the option, the visitor reaches the page of exchange games. Here the visitor may choose the game to play and bet. However, the visitor may only play these games after getting a membership of BetFair. It is easy to get the membership of BetFair.

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