Heads You Win - Tails You Win

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Heads You Win - Tails You Win

Post by SaintsOnTheSettee on Tue Sep 09, 2008 11:24 pm

Apparently Bettors are making a good tax free income from backing and laying on the internet betting exchanges these days. Betfair reveal that 2% make the game pay online. It sounds like a small number, but two players in every one hundred is really quite good. However, the minority can only profit if the majority are getting it horribly wrong!

On the betting exchanges you can back ( support ) and lay ( oppose ), so betting systems seem to be the way to go. After all, every betting system in theory is a winning one. Backer and layer can't both lose following the same strict rules of engagement! Although, any profit would have to exceed the commission charge, which is usually about 5%.

So my task is relatively simple. In theory.
I am going to find a really poor backing system and lay the selections on the Betting Exchange.


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Re: Heads You Win - Tails You Win

Post by Motty on Wed Sep 10, 2008 8:11 am

Interesting concept SOTS. Will be keeping an eye on your progress. Good Luck!


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