by happytorq » 02 Aug 2017, 14:05
MellowYellow wrote: 02 Aug 2017, 09:59
Thanks Lucy
Reworked my returns on my £10 double (Win / Gowling to score first) at 3/1 and 50/1 with a £10 stake. First bet (3/1 = a £40 return -as you say). Second part of the bet using the returns from my first bet (£40) at 50/1 = 50 - add one (to make 51) and multiply it by the stake (£40).
Gowling is 50/1 to score first? Ok, that seems a decent price.
Well, in any case, you won't get the price you've suggested. if you a do a double on a team to win and a player to score first, those two events are what bookmakers call "related contingencies" - basically, the successful outcome of one affects the odds of the second. If Gowling scores first, the chance of a Torquay win is dramatically increased (because they're, you know, 1-0 up)
You should probably confirm with the bookmaker before the game just to be sure, but I would guess that basically the price of a Torquay win would be at least halved (6/4) so you'd be looking at less than the £2000+ you mentioned.
Source: Had to explain this at least 5 times a week to punters in the Plainmoor William Hills. Also I used to set the prices of Torquay's first scorer back then.
[quote=MellowYellow post_id=208672 time=1501667993 user_id=22826]
Thanks Lucy
Reworked my returns on my £10 double (Win / Gowling to score first) at 3/1 and 50/1 with a £10 stake. First bet (3/1 = a £40 return -as you say). Second part of the bet using the returns from my first bet (£40) at 50/1 = 50 - add one (to make 51) and multiply it by the stake (£40).
[/quote]
Gowling is 50/1 to score first? Ok, that seems a decent price.
Well, in any case, you won't get the price you've suggested. if you a do a double on a team to win and a player to score first, those two events are what bookmakers call "related contingencies" - basically, the successful outcome of one affects the odds of the second. If Gowling scores first, the chance of a Torquay win is dramatically increased (because they're, you know, 1-0 up)
You should probably confirm with the bookmaker before the game just to be sure, but I would guess that basically the price of a Torquay win would be at least halved (6/4) so you'd be looking at less than the £2000+ you mentioned.
Source: Had to explain this at least 5 times a week to punters in the Plainmoor William Hills. Also I used to set the prices of Torquay's first scorer back then.
