Back on 1.01

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FabioC13
Posts: 27
Joined: Thu Jul 09, 2020 10:47 am

Hi guys,
easy question, can please anyone exaplain me what you see on that images attached?
Why people back on 1.01?
Is it a strategy?
Is it profitable?
Hedge funds?

Thanks

P.s. Please please please, no answer with links to other threads
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LinusP
Posts: 1918
Joined: Mon Jul 02, 2012 10:45 pm

They are not back bets

viewtopic.php?f=2&t=21862
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Derek27
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LinusP wrote:
Fri Sep 25, 2020 11:57 am
They are not back bets

viewtopic.php?f=2&t=21862
He said no links to other threads - I was just going to just inform him of another thread but not post the link. :)
FabioC13
Posts: 27
Joined: Thu Jul 09, 2020 10:47 am

Thanks guys, so these are not people backing on 1.01 to have 1% profit, right?
Are they people laying at 1.01? And where's is the profit?
Thanks
LinusP
Posts: 1918
Joined: Mon Jul 02, 2012 10:45 pm

Derek27 wrote:
Fri Sep 25, 2020 12:05 pm
LinusP wrote:
Fri Sep 25, 2020 11:57 am
They are not back bets

viewtopic.php?f=2&t=21862
He said no links to other threads - I was just going to just inform him of another thread but not post the link. :)
Yeah I just ignored that, sort of defeats the point of the forum.. :lol:
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Derek27
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FabioC13 wrote:
Fri Sep 25, 2020 12:21 pm
Thanks guys, so these are not people backing on 1.01 to have 1% profit, right?
Are they people laying at 1.01? And where's is the profit?
Thanks
People are offering to lay at 1.01 but the bets will only get matched in running if the horse goes close in the race (or somebody makes a huge fat-finger mistake pre-race). The layers are trying to win big with small risk, the backers are trying to win small with huge risk, supposedly compensated with a high probability of success.
FabioC13
Posts: 27
Joined: Thu Jul 09, 2020 10:47 am

Derek27 wrote:
Fri Sep 25, 2020 12:41 pm
FabioC13 wrote:
Fri Sep 25, 2020 12:21 pm
Thanks guys, so these are not people backing on 1.01 to have 1% profit, right?
Are they people laying at 1.01? And where's is the profit?
Thanks
People are offering to lay at 1.01 but the bets will only get matched in running if the horse goes close in the race (or somebody makes a huge fat-finger mistake pre-race). The layers are trying to win big with small risk, the backers are trying to win small with huge risk, supposedly compensated with a high probability of success.
Thnak you. But in football what's the % of success in that cases?
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jimibt
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Joined: Mon Nov 30, 2015 6:42 pm

got a feeling this could be a LOOONG thread. good luck to all participants ;)
sionascaig
Posts: 1661
Joined: Fri Nov 20, 2015 9:38 am

Its implied in the odds (if the market is efficient & no reason to assume its not)... Of course in the last few seconds of a game you can gtee someone will have a faster feed than you )
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Derek27
Posts: 25159
Joined: Wed Aug 30, 2017 11:44 am

FabioC13 wrote:
Fri Sep 25, 2020 12:46 pm
Derek27 wrote:
Fri Sep 25, 2020 12:41 pm
FabioC13 wrote:
Fri Sep 25, 2020 12:21 pm
Thanks guys, so these are not people backing on 1.01 to have 1% profit, right?
Are they people laying at 1.01? And where's is the profit?
Thanks
People are offering to lay at 1.01 but the bets will only get matched in running if the horse goes close in the race (or somebody makes a huge fat-finger mistake pre-race). The layers are trying to win big with small risk, the backers are trying to win small with huge risk, supposedly compensated with a high probability of success.
Thnak you. But in football what's the % of success in that cases?
This is really something you need to research yourself. Any information handed to you over the internet, by its very nature of transparency, can't be highly prized.

In tennis, it's quite common for a player to blow a couple of match points and bounce away from 1.01. In football I'd guess it happens when a team is two goals up with a few minutes to go when they concede.
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Derek27
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Joined: Wed Aug 30, 2017 11:44 am

jimibt wrote:
Fri Sep 25, 2020 12:51 pm
got a feeling this could be a LOOONG thread. good luck to all participants ;)
Remember when Luke saw a screenshot of somebody who backed a tennis play for £10 at 1000? I think he thought the green-up profit must be £4,990 when it was really £1. :lol:
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Dallas
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Derek27 wrote:
Fri Sep 25, 2020 1:08 pm
FabioC13 wrote:
Fri Sep 25, 2020 12:46 pm
Derek27 wrote:
Fri Sep 25, 2020 12:41 pm

People are offering to lay at 1.01 but the bets will only get matched in running if the horse goes close in the race (or somebody makes a huge fat-finger mistake pre-race). The layers are trying to win big with small risk, the backers are trying to win small with huge risk, supposedly compensated with a high probability of success.
Thnak you. But in football what's the % of success in that cases?
This is really something you need to research yourself. Any information handed to you over the internet, by its very nature of transparency, can't be highly prized.

In tennis, it's quite common for a player to blow a couple of match points and bounce away from 1.01. In football I'd guess it happens when a team is two goals up with a few minutes to go when they concede.
During a 24 hr period in the recent US Open just there was 2 x 1.01 and a 1.02 or 1.03 turned over within 8 matches

Countless number hit it and bounce out a various amount of ticks

Queue position still important as you'll often be behind 6 figures when the player nears 1.01
FabioC13
Posts: 27
Joined: Thu Jul 09, 2020 10:47 am

Hi again guys, thanks to everyone who spent time to answer at my stupid question.
What I would say is that in almost every football match I noticed the same as I attached, so I suppose it means on football is a profitable strategy? Or not? I would to talk about football trading, no tennis or horses, thanks

F.
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Derek27
Posts: 25159
Joined: Wed Aug 30, 2017 11:44 am

FabioC13 wrote:
Fri Sep 25, 2020 1:28 pm
Hi again guys, thanks to everyone who spent time to answer at my stupid question.
What I would say is that in almost every football match I noticed the same as I attached, so I suppose it means on football is a profitable strategy? Or not? I would to talk about football trading, no tennis or horses, thanks

F.
It's unlikely you'll find a profitable strategy by simply laying every market in a particular sport at 1.01 or any other price. With a bit of refinement regarding selecting the criteria and perhaps closing some or all of the trade, there can be profitable strategies around laying at a low price.
Emmson
Posts: 3577
Joined: Mon Feb 29, 2016 6:47 pm

When I lay at 1.01 -1.05 which is quite often I only ever want a tick or 2
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