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UK
Bookmakers
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Leons News |
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".....
Chester, this racecourse has sold itself out to the corporate entities who now contaminate UK racecourses to an unacceptable level. There was a time when, as an informed race goer, you could go to Chester and gain entrance at a reasonable price. Now, Chester has been subsumed by corporate greed (just take a look at the Chester racecourse website). They will continue for the foreseeable future to receive patronage from the nouveau riche in Cheshire and surrounding areas but, mark my words, this current phenonemon will disappear in the course of time, just like the Roman ancestors who built Chester racecourse. I bet on MLB for a reason - to win big. However, I also find it BIG fun to bet on. There's nothing like settling down with a £100+ bet on a game, with MLB.TV playing the game live. It's good fun when you see the team you've bet on take the lead with a base hit. It's an addictive high, one of which I don’t get when I bet on the football 3pm games or any other sport.
Now even though I find it fun, I want some result from this apart from some temporary high otherwise it is a waste of time and money. I can see a big win. I've seen the potential, even though it is a £50/50 game at times.
Like I said, you just need some luck and you could really strike it big from just a 4 game accumulator. Firstly, you must get the best odds. The margins and perceived edge you have in baseball betting are small. You've backed Boston @ 4/6 you say. This is at least 10% below the best price available elsewhere. It is below the fair price, and if I was a bookmaker I'd be laying 4/6 all day long for as much money as people wanted to put on it. You must get the best price at all times or else you've no hope.
Secondly, you're talking about four team accumulators to try and win a lot of money quickly. This is the way to the poor house. As you said yourself, a lot of baseball is 50/50 (the worst team can hammer the best team on any given night) so why would you want to be taking big accumulators on it? Bookmakers have a profit margin of anywhere from about 5% up to about 20%. Let's say you place a four team accumulator at a bookmaker who operates a 110% book. That is a 10% margin on each selection. This margin increases exponentially for each extra selection. For four selections at the bookmaker like this, the margin for them is over 45% . They'll happily take your money all day long.
Just like most things in life, unless you're extremely lucky, there is no get rich quick scheme. Steady, gradual profit is the best way to do it. With baseball, any significant bets you place should be singles......."
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