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I've read in a few trip reviews about people winning hundreds of dollars on the penny slots. When most people max bet on penny slots about winning big on pennies they max bet on penny slots go on a roll and have betting games large wins coupled with some small to mid sized wins. I go with a set amount of money to have fun, and if I win that makes it even more fun I would love to see these mystical slots where max bet is only five coins because it's been ages since I've seen those - max bet seems to be more 10 to 20 coins per line lately. A good payoff for a single coin per line bettor on a penny slot is a hundred dollars or so.

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Betting short priced favourites quotes

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WHAT IS CALLED WHEN PEOPLE GET TOGETHER AND BET ON FOOTBALL GAMES LIKE FANTASY FOOTBALL

Derby Day — the finest of thoroughbreds and fashion. The Spring Carnival in Melbourne is one of the biggest sporting carnivals in the world and kicks off with Victoria Derby Day, the greatest thoroughbred race day of the year.

There is nothing like being in Melbourne for Cup week and not even a wet Saturday will dampen the spirits of the near hundred thousand […]. Villagebet Twitter Feed - Community of punters Follow. Racing Tips for today. Did it at both ends. Home Bet Here! List of horse racing vernacular for punters March 11, By Mayor More. Share this article:. Subscribe If you enjoyed this article, subscribe to receive more just like it. Bet Here! Bet Now. Match Multi. June 23, By Mayor More. November 5, By Mayor More.

Derby Day — the finest of thoroughbreds and fashion The Spring Carnival in Melbourne is one of the biggest sporting carnivals in the world and kicks off with Victoria Derby Day, the greatest thoroughbred race day of the year. November 2, By Mayor More. Best rewards program. Japery dominant. Good day. Aswaat, nice run at odds. Overraced and squeezed multiple times in the straight.

Joviality also ran into brick walls. Form Guides and Tips. Naturally, a punter following this method of investment will strike runs of consistent profits; there will be other times, though, and plenty of them, when losses will spiral to massive amounts. I've known periods in Sydney racing when successive favourites were beaten in 20 and 30 races in a row.

Any punter trapped in such a devastating sequence of losses would require a large bank and a bigger heart to survive. Long runs of cuts for favourites are not as rare as you might think. Most professionals estimate that 40 per cent of all favourites are 'false favs'-and that means a lot of sucker money is going to be pulled into backing them, when the true odds suggest they should be at much longer prices.

Even if you got 30 winners from every bets, you would need to be averaging 2. Statistics show you would be very lucky to achieve this average price. If you could eliminate the vast majority of the false favourites you would then reduce your losing bets.

If we accept that 40 per cent of favourites are 'false' and could find them before the race, we would then be in a position of striking 30 winners from every 60 bets-a tremendous 50 per cent average! In such circumstances, a flat bet on every favourite-and assuming an average price of 2. This all sounds tremendous in theory but how is it possible for the average punter to eliminate the false favourites?

How does he isolate them and have the courage to not bet on them? Most punters will run into plenty of strife trying to answer these questions. Even professional punters err in this regard. The average punter eventually gives up and backs just about every favourite going.

And loses. There is no mechanical way to help a punter decide if a favourite is fully entitled to its position in the betting. What we can do, however, is take a searching look at some ways of avoiding jumping into the deep end without testing the water. A plan along these lines could take in things like price, jockey, barrier, track conditions, recent form, class, distance etc. JOCKEY: On metropolitan tracks, discard favourites that are not ridden by firstclass jockeys, or excellent apprentices able to make use of their weight allowance.

The form of many horses reveals their best tracks. GOING: If you intend taking a short quote about a favourite you really must be able to know per cent that it can handle the track conditions. There are many false favourites because attention is not paid to this vital point, particularly in winter. A horse may finish brilliantly to win over m but that doesn't mean it can win over m. Make sure that a favourite under consideration is suited to the distance of the race. No matter what you hear at certain times, statistics show that inside barriers are best at most tracks with turns.

Bear that in mind. FORM: Favourites must have form for the job in hand. Too many horses are made favourites on the strength of good trackwork and 'boom' newspaper headlines. Few live up to expectations. Improvers can always go on to better things, but a study of form shows that often a galloper with a poor background is stepped up in class following an easy win in weaker class, and because of the 'boom' on him will be expected by many to perform the impossible. Unless you are sure they are improvers, don't back favourites when they are racing in a Class in which they have yet to show good form.

A plan drawn up along these lines would mean you would only be backing strong favourites. I am confident you would be able to dramatically improve your winning percentage. An example is this: A horse turns in a very smart performance when at good odds, and apparently not well backed. Next start, he is asked to carry more weight and is at short odds in the market. It's been my experience that these horses rarely win. They are just false favourites. A professional punter I know continually updates detailed research into favourites.

His research concentrates on discovering what type of race produces the highest winning percentage of favourites. You can understand the logic behind this obsession. Some races do throw up more winning favourites than others. Early two-year-old races produce a high percentage of winning favourites.

These are 2yo. Young horses are usually consistent, at least for three or four runs. Between October and November, favourites in these 2yo. While favourites may win only 30 out of every races, they do run in the first three placegetters many more times. Recent figures show them figuring in the first three placings about in 60 out of races. This is a clear indication that backing favourites for a place can be worthwhile. In this regard, I would strongly urge you to consider place doubles.

These can prove most profitable. Let's say that on an eight-race card you have discovered three false favourites. These races are then ignored. You have five favourites on which to bet. This is a total of 10 doubles. You link up all the favourites in these doubles. Assuming you have got rid of the correct false favourites you should be in line to get at least four of your five favourites up for a placing, possibly all five.

Let's assume you got the following place odds: , , , and Not big odds I agree, but the results will make interesting reading for you. We'll say, for the purposes of this exercise, that four of the five run a place. You have six winning place doubles from a total of 10 doubles. Your total return for the outlay of 10 units is You would need to be able to do this just once a week to become a professional punter of modest means.

Having said all this, I must warn you yet again to tread carefully in the favourites area. Bookmakers love racegoers who are compulsive backers of favourites and, after reading this article, I'm sure you now understand why. I've drawn up the following set of rules to add further impetus to your own betting change-around.

Become a good punter of favourites and not a headless one. Trained by St Gold Coast trainer Leon Morton left Doomben aiming for the stars after his leg-troubled galloper Mr Slick returned to winning form with an action-p Trainer Gai Wate Melbourne Cup winner Viewed will remain in Sydney for a trio of autumn Group One races with trainer Bart Cummings happy with the entire's soft barr Shaun Dwyer is hoping for a winning farewell at one of the few remaining meetings he has left as a trainer in Queensland ahead of his move to Victo Racing officials have put the starting time of Saturday's Rosehill meeting back more than an hour due to the heatwave forecast for Sydney over the Impressive debut winner Killian has inherited the precociousness of his dam Preserve but whether he can learn quickly enough to be a Blue Diamond c Talented filly Manaudou did everything right in her maiden win at Eagle Farm to convince trainer Kelso Wood bigger things might be in store during A new scientific truth does not triumph by convincing its opponents and making them see the light, but rather because its opponents eventually die Unbeaten mare On The Fridge will face her moment of truth when she aims to extend her winning sequence at Eagle Farm.

The five-year-old daughter of Unbeaten mare Black Caviar faces her moment of truth when the much-anticipated clash with star sprinter Hay List takes place in Saturday's Patinack

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You will usually find the price on the favourite in the Match Odds market is at least double or higher to win the first half. In this case, you can get 1. Before you get involved on this market you should look at the recent behaviour of the favourite and see if they are regularly winning the first half in their recent matches. In this particular situation, Chelsea have been leading at half-time in 2 of their last 5 home matches so perhaps this is not the best market to go for here.

This goes without saying if you are a football trader but if you do not like the starting price on the favourite then just wait until something better comes available in-play. If you strongly fancy a team to win a match then them going a goal down early on should not affect your decision too much and this can be a great chance to get an inflated price.

For example, Chelsea start 1. In this situation I can usually get this price if I wait till half-time or if Chelsea fall one goal behind in-play. This is a much safer way to approach punting in general as you also get to watch the action to see how they are playing before this. The main worry is that Chelsea will take the lead before that and you missed your opportunity but then you did not want that short price anyway did you? In this case, Chelsea were actually matched as high as 2.

This highlights just why so many shrewd punters are turning to in-play betting these days. Thanks Marc, sounds interesting. It is definitely possible if you are very careful with your strategy. This site is not a part of the Facebook website or Facebook Inc. Activities offered by advertising links to other sites may be deemed an illegal activity in certain jurisdictions.

Article Contents. Check This Out Next:. My Goals. Search The Site! Extra Help: Gambleaware. Buffett is an avid reader. It often surprises people to learn that the bulk of Buffett's work day consists of sitting alone in his office and reading, but Buffett credits much of his success to his pursuit of as much knowledge as possible. According to Buffett, one of the worst mistakes investors can make is to pay too much attention to commentators on TV, political drama, or market rumors.

Despite the seemingly constant political headlines, many of which paint a rather negative picture of the future, Buffett insists that America's future is bright and that it remains an excellent place to invest. And, there's no reason to think that will change anytime soon. Buffett was an outspoken Hillary Clinton supporter in the presidential election. However, that doesn't mean that he threw in the towel because his candidate lost -- American business will do just fine over the long run no matter who is in the White House.

Avoiding bad investments can be even more important than finding good ones, and here are a few pieces of wisdom Buffett has picked up throughout his career. In other words, you'll rarely catch Buffett investing in a business with lingering problems without clear solutions. He'd much rather just find another company to invest in instead.

If you've been investing for a while, try to think back to the dot-com bubble of the late s. I can't think of another period of time when it was easier to make money in the stock market. And we all know how that turned out It's been said many times that the worst thing you can hear about an investment opportunity is that "this time it's different. One of Buffett's biggest suggestions to investors is to know their "circle of competence.

On the other hand, that investor shouldn't attempt to find the cheapest bank stock to buy. In other words, if you only know one or two sectors well, don't feel that you have to "branch out. Don't buy stocks just for the sake of diversification. Nearly half of Berkshire's stock portfolio is made up of banks.

Buffett understands that business very well. Buffett is very anti-debt, with the exception of home mortgages. Over the years, Buffett has advised investors to steer clear of debt, especially when it comes to buying stocks. As I mentioned, one big exception to Buffett's debt-averse nature is mortgages.

He says that homeownership makes sense for people who plan to stay in one place and that the year mortgage is an excellent financial tool. Especially because if rates go down, you can always just get another loan:. Here's what he's said about the concept of taking care of people less fortunate than himself:. Buffett generally advises against investing in anything that isn't a productive asset, and he thought bitcoin was even worse than most other types of assets in that category.

Here's a trio of quotes that make Buffett's position on bitcoin quite clear:. Choose your investments wisely, as well as how you spend your time. Time is the only asset you can't get any more of, so be extremely selective when handing it out. Surround yourself with the best and brightest and it will elevate you as well. Surround yourself with laziness and pessimism, and you'll gravitate that way.

It's your choice. It's difficult to overstate the value Buffett places on great managers when it comes to investing in a company or acquiring a business:. There has been a lot of controversy surrounding stock buybacks recently, and here's how Buffett feels about them:. In other words, buybacks can be good or bad, depending on the price paid.

Continuing on that point:. I mentioned earlier that Buffett isn't a fan of unproductive assets , and gold is no exception. Here's why you'll never see Buffett put any significant amount of Berkshire's capital into precious metals:. As we've already discussed, Buffett thinks picking stocks is a good idea if you have the time and desire to do it right. However, most people don't.

That's why Buffett thinks index funds are the best way to go for most people:. Index funds are guaranteed to match the market's performance over time, which has been pretty strong throughout history. Even at 88 years of age, Buffett remains quite active in Berkshire's operations.

So, it's likely that the list of "best Buffett quotes" will only get better as he writes more letters to Berkshire's shareholders, participates in annual meetings, and is interviewed by the financial news media.

Investing Best Accounts. Stock Market Basics. Stock Market. Industries to Invest In. Getting Started. Planning for Retirement. Retired: What Now? Personal Finance. Credit Cards. About Us. Who Is the Motley Fool? Fool Podcasts. New Ventures. Search Search:. Updated: Aug 30, at PM. Matt specializes in writing about bank stocks, REITs, and personal finance, but he loves any investment at the right price.

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Are you making money? In most cases, it makes the race a good betting proposition, as long as the overall market percentage is reasonable. In other cases, I may have the favourite top pick but just consider it to be poor value. In that case, it can still be a decent betting race, but on a smaller scale. Superstar mare Winx, even at the short odds, still attracts plenty of bets Pic: Steve Hart. On the flip side, if the favourite looks unbeatable and even appeals at the short quote , how do you tackle that scenario?

Again, a lot of punters would love that situation — they can turn over a lot more at that end of the market and the strike rate should be very good. Winx is an extreme example, but how can punters best make a buck in races with short priced favourites? That went well! More generally, if you have solid grounds to oppose a short-priced favourite, it can be a good opportunity to bet around it in the win or exotic markets. Winx out? Place betting? Just enjoy the ride? Revisit the Punting Pointers series from January last year.

Next NSW Race. Latest News. Laying odds is reflected in the colloquial expression "[I would] dollars to doughnuts " — with which the speaker is expressing a willingness to risk losing something of value in exchange for something worthless, because winning that bet is a certainty. Bookmakers sell bets based on the odds of a specific outcome, but lay betting allows the bettor in some English-speaking countries, the "punter" to reverse roles with the bookmaker, using odds to sell the opposite outcome to the bookmaker.

In this context, "lay" is used in the sense of "layman", i. Favoured by bookmakers in the United Kingdom and Ireland and common in horse racing , fractional odds quote the net total that will be paid out to the winning bettor relative to the stake.

The term "fractional odds" is something of a misnomer, especially when visually reinforced by using a slash as opposed to, e. This fraction may be derived by subtracting 1 from the reciprocal of the chances of winning; for any odds longer than "even money," this fraction will be an improper one.

Not all fractional odds are traditionally read using the lowest common denominator. Perhaps most unusual is that odds of are read as "one-hundred-to-thirty". Fractional odds are also known as British odds, UK odds, [5] or, in that country, traditional odds.

Favoured in Continental Europe , Australia , New Zealand and Canada , decimal odds differ from fractional odds by taking into account that the bettor must first part with their stake to make a bet; the figure quoted, therefore, is the winning amount that would be paid out to the bettor.

It is considered to be ideal for parlay betting because the odds to be paid out are simply the product of the odds for each outcome wagered on. Decimal odds are also known as European odds , digital odds or continental odds and tend to be favoured by betting exchanges because they are the easiest to work with for trading, in this case the purchase and sale of upside and downside risk.

Moneyline odds are favoured by United States bookmakers and as such are sometimes called American Odds. Moneyline refers to odds on the straight-up outcome of a game with no consideration to a point spread. To convert fractional odds to decimal, take the fractional number, convert it to decimal by doing the division, and then add 1.

For example, the 4-to-1 fractional odds shown above is the same as 5 in decimal odds, while 1-to-4 would be quoted as 1. The method for converting moneyline to decimal odds depends on whether the moneyline value is positive or negative. If the moneyline is positive, it is divided by and add 1. If the moneyline is negative, is divided by the absolute moneyline amount the minus signed is removed , and then 1 is added. From Wikipedia, the free encyclopedia.

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