1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

FYI Gambling Experiment

Discussion in 'Rugby League Forum' started by Budgewoi Eagle, Oct 2, 2015.

  1. Budgewoi Eagle

    Budgewoi Eagle In for the long haul. Premium Member 2016 Tipping Competitor

    2,625
    1,432
    Ratings:
    +4,015 / 52
    As a result of my continued lousy performance in the tipping comp, I thought I'd see what would happen if you bet $1 on every favourite team for every NRL match. I started with $50 and ended up with $34.77 after last weekend's matches. So there ya have it - that's not the way!
     
    • Winner Winner x 2
    • Agree Agree x 1
    • Funny Funny x 1
    • Informative Informative x 1
  2. StuBoot

    StuBoot Well-Known Member Premium Member 2016 Tipping Competitor

    1,347
    440
    Ratings:
    +796 / 7
    Is that over the whole season?
    That's why favourites generally never pay more than $1.90
     
  3. bob dylan

    bob dylan Well-Known Member Premium Member 2016 Tipping Competitor

    6,864
    2,030
    Junee
    Ratings:
    +4,404 / 130
    Interesting.

    Not a bad result.

    I wonder how you would fare if you bet against the favourites?
     
  4. Budgewoi Eagle

    Budgewoi Eagle In for the long haul. Premium Member 2016 Tipping Competitor

    2,625
    1,432
    Ratings:
    +4,015 / 52
    Yep. Whole season. In TAB app.
     
  5. Budgewoi Eagle

    Budgewoi Eagle In for the long haul. Premium Member 2016 Tipping Competitor

    2,625
    1,432
    Ratings:
    +4,015 / 52
    Was thinking about trying that next season.
     
  6. Frogz

    Frogz Don't mess with the goat, he has photos. Premium Member

    2,175
    647
    Sydney, Australia
    Ratings:
    +1,392 / 36
    More i wonder of u backed home teams
     
  7. Dan

    Dan Administrator Staff Member Administrator 2016 Tipping Competitor

    32,370
    3,610
    Amsterdam, The Netherlands
    Ratings:
    +5,463 / 74
    I love science...I love experiments next year I am going to try this in reverse $1 on all of the non-favourites all season.

    Did you do every game, or just one game a week?
     
  8. Budgewoi Eagle

    Budgewoi Eagle In for the long haul. Premium Member 2016 Tipping Competitor

    2,625
    1,432
    Ratings:
    +4,015 / 52
    Every single club game -
    Not Origin though or Test matches.
     
  9. PONTIAN SEA EAGLE

    PONTIAN SEA EAGLE Well-Known Member

    2,655
    419
    Ratings:
    +948 / 80
    I always come on top in the thoroughbreds i back scratched.Always wins.
     
    • Funny Funny x 1
  10. Moondog

    Moondog Grey-beard loon Premium Member 2016 Tipping Competitor

    5,009
    1,993
    Hervey Bay
    Ratings:
    +3,543 / 32
    Always back horses that have run second and then seventh in their previous runs, especially greys. Back all horses whose names start with Z over a middle distance and sprinters that start with C in the wet (except on a Tuesday).
     
    • Funny Funny x 2
  11. Eagles2nv

    Eagles2nv New Team, New Beginnings 2016 Tipping Competitor

    3,278
    755
    Ratings:
    +1,410 / 35
    Yeah that is an interesting result.

    Out of curiosity were you ever close to broke (< $5) or ever well in the black (> $60)?
     
  12. Budgewoi Eagle

    Budgewoi Eagle In for the long haul. Premium Member 2016 Tipping Competitor

    2,625
    1,432
    Ratings:
    +4,015 / 52
    Never in the black and never below $32. I think the big drop ($50 to $40) happened right at the beginning of the season and then it steadied.
     
  13. StuBoot

    StuBoot Well-Known Member Premium Member 2016 Tipping Competitor

    1,347
    440
    Ratings:
    +796 / 7
    Did you put on when the markets opened each week or near kickoff?
    Not that there would be a massive difference but with late withdrawals etc there may have been a few games that swung the other way.
     
  14. brad

    brad Well-Known Member

    1,200
    489
    Ratings:
    +1,561 / 59
    Over a whole year favorites win more often then outsiders.
     
  15. Budgewoi Eagle

    Budgewoi Eagle In for the long haul. Premium Member 2016 Tipping Competitor

    2,625
    1,432
    Ratings:
    +4,015 / 52
    Friday mornings - except when there were Thursday games then Thursday morning.
     
  16. Go manly

    Go manly Well-Known Member 2016 Tipping Competitor

    433
    257
    Ratings:
    +428 / 5
    That's your problem budgewoi
    Next year try getting on after the game
    I found it give me a better success rate
     
    • Funny Funny x 1
  17. Rex

    Rex Well-Known Member

    4,334
    761
    Ratings:
    +2,338 / 60
    Gambling is funny.

    There's the bookies/gov't who have the odds stacked well in their favour. In the long run they come out ahead (significantly).

    Then there's the punters who have the odds stacked well against them by the bookies/gov't. In the long run, as a group, the punters come out behind (significantly).

    I never really get why so many people are so keen to associate themselves with a group of long-term losers. It makes as much sense to me as following Parramatta.
     
    • Winner Winner x 1
  18. Dan

    Dan Administrator Staff Member Administrator 2016 Tipping Competitor

    32,370
    3,610
    Amsterdam, The Netherlands
    Ratings:
    +5,463 / 74
    Well my bets for today's game were 1. A bit of fun in July given media hype
    2. I made a bet so I could at least cheer for a team.

    I the end they wouldn't pay me on one of those bets because they b by the rules after a bet was lodged to suit them. They at least refunded my money the other one was a joke. Bet specifically on result of game and they changed it to 80 minute margin rather than win.
    Asshats and a cheap lesson learned id be better putting a fiver up against my mates than with these sleazy creeps
     
  19. rifraff

    rifraff Well-Known Member Premium Member 2016 Tipping Competitor

    1,022
    290
    Ratings:
    +682 / 19
    I bet you $50 I will have forgotten about posting this in an hour or two..

     
  20. Rex

    Rex Well-Known Member

    4,334
    761
    Ratings:
    +2,338 / 60
    How to p*** off a customer in one easy lesson. Better chance of your mates paying up than those crooks.
     

Share This Page