Eircom league round 2 betting

[eL Bettor]

Best odds at present:

PREM:
http://odds-comparison.bestbetting.c...e=2&help=false


Waterford v Finn Harps (19:30 GMT) 0.67/1 2.6/1 7/2 110%
Cork City v Bray Wanderers (19:45 GMT) 0.5/1 11/4 6/1 108%
Derry City v Longford Town (19:45 GMT) 1.26/1 2.25/1 1.74/1 112%
Shamrock Rovers v Shelbourne (19:45 GMT) 3.3/1 2.5/1 1/1 102%
St Patrick's v Bohemians (19:45 GMT) 1.74/1 2.3/1 13/10 111%
UCD v Drogheda (19:45 GMT) 1.55/1 2.25/1 1.55/1 110%


FIRST:

http://odds-comparison.bestbetting.c...?group=1143828
Thursday 24 March 2005
Home Draw Away BPP
Dublin City v Sligo Rovers (19:45 GMT) 1.2/1 9/4 10/3 100%
Dundalk v Kilkenny City (19:45 GMT) 8/13 12/5 4/1 112%
Friday 25 March 2005
Home Draw Away BPP
Galway United v Athlone Town (19:30 GMT) 0.67/1 2.55/1 4/1 109%
Kildare County v Cobh Ramblers (19:30 GMT) 1.1/1 9/4 5/2 107%
Limerick FC v Monaghan Utd (19:45 GMT) 0.63/1 5/2 4/1 110%
Sunday 27 March 2005
Home Draw Away BPP
Carew Park v Westport Utd (12:00 BST) 6/4 11/5 6/4 112%
Galway United v Waterford (12:00 BST) 6/4 11/5 6/4 112%
(what's this???)

SETANTA CUP:
Shelbourne 4/6
Draw 9/4
Portadown 7/2

[galwaygirl]

Best odds at present:

Sunday 27 March 2005

Carew Park v Westport Utd (12:00 BST) 2.50 3.20 2.50 112%
Galway United v Waterford (12:00 BST) 2.50 3.20 2.50 112%

It's Galway Hibernians v Waterford Crystal in Statoil Junior Cup Semi-final

[noby]

For the benefit of people who don't know much about betting (me), what's the percentage about?

[Schumi]

For example, if the odds are evens (1/1), that means that the result will happen 50% of the time, 2/1 will happen 33%, etc. The percentage listed is the sum of the three (home win, away win, draw). The higher it is, the higher the bookies' profit margin (100% is a 'fair' set of odds).

[Coltron]

Schumi is right but his explaination is a little hard to understand for newbies. Say there is a match where there is equal chance of Team A wining, Team B winning and a draw, right. Only three possible outcomes. So the odds should be 2/1 for each possible outcome i.e. TeamA win 2/1 Draw 2/1 and Team B win 2/1. So you could bet on all three with the same stake and break-even. But what the bookies do to guarentee them profit the dont pay you the full amout that you should win, most of the time in soccer matchs they take a 12% profit margin also called the overrounds.

A better example is flipping a coin, you have two outcomes, heads or tails, so 50% chance of both happening so you have a bet with a friend that it will land on heads and you bet a euro so if you win you get a euro and if you lose you lose a euro. In a fifty decision like this say under/over 2.5 goals you wouldn't be getting that full euro if the chances were 50-50 of over/under 2.5 goals.

Hope this helps, I'm in the process of setting up a website to do with this type of craic and general betting in the EL and had hoped to launch it for the league KO with hitting some tech problems that I dont understand, I'll let you know when its up and running.

BTW, this is why the exchanges (Betfair or Betdaq) are better as their markets bet to or close to 100%, you do have to pay commision of 5% or less with Betfair and 3% or less with Betdaq.

Cork at better than 1/2 (1.5) look good, might have a wager. Any thoughts?

[A face]

A better example is flipping a coin, you have two outcomes, heads or tails, so 50% chance of both happening so you have a bet with a friend that it will land on heads and you bet a euro so if you win you get a euro and if you lose you lose a euro. In a fifty decision like this say under/over 2.5 goals you wouldn't be getting that full euro if the chances were 50-50 of over/under 2.5 goals.

What if the coin lands on it side ???

[Schumi]

What if the coin lands on it side ???

Then you start blowing on the right side!

[A face]

Then you start blowing on the right side!

What if it starts spinning ???

[BohDiddley]

Then you call Tolka Park for advice on rule 93/17/3, get Ollie to make a stink, and end up with the bookies on 90%!

[eL Bettor]

coltron are you a member of Punters Lounge?

The Kilkenny-Dundalk game has been switched to Waterworld, sorry Buckley Park, so those prices no longer stand true, more like 6/4 each team now.

[A face]

Then you call Tolka Park for advice on rule 93/17/3, get Ollie to make a stink, and end up with the bookies on 90%!

...... Good ould Ollie, the man to call when you need a bad smell !!