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ham.
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- December 19, 2017 at 20:04 #1333074
since the exchanges came in the term greening out has came into play. Just wondering how many TRF’s are members.
I maybe old fashioned but never/or very rarely greened out(maybe because don’t play ante post) only way I would green out is if I had acca running onto a shortie for a lot of money
I could not back a horse at 10s then green out at 5s for a ‘freebie’ as said maybe I am old fashioned but I love to beat the price and hold onto my 10s voucher
Views people?
December 20, 2017 at 18:31 #1333186It’s not something I bother with. If I were a professional it might be different.
Sometimes I’ll end up with several bets in the same race, usually caused by the original pick flopping, or meeting with a setback.
Confidence in the pick would also determine whether to consider laying some of it off or not.
With the bet size involved it’s not worth talking about as a tactic for me, but the old saying was that a bet is not a good bet until it is hedged.
As the “Big Man” in comedy series Chewin’ The Fat might say to someone covering their bets:- “Hey, Fannybaws”
Thanks for the good crack. Time for me to move on. Be lucky.
December 20, 2017 at 19:27 #1333196Greening is pointless in theory, because you are essentially just doing a new bet that has nothing to do with the preceding bet.
If you just let bets run, then some of them will lose for you and some of them will sneak through and win. In effect it’s the same when you bet each-way, I personally don’t see the point of doing that, as some of your each way bets will win and you’re paying double the price.
there are certain situations though where greening up is the psychologically correct thing to do. say for example you had a huge bet running on some accumulator. It would then make sense to try and lay the horse, or team, or golfer or tennis player or whatever is the final leg of your bet, so to reduce the obvious crushing psychological blow that would incur if said bet lost and you didn’t win a thing.
Or if something is likely to trade at a much shorter price- for example I quite liked the idea of backing dustin johnson for a golf tournament a few weeks back- however I was glad that I didn’t in the end as he traded about 8-1 on, and despite being the world number one blew a six shot lead. If I had backed him pre-tournament I probably would not have laid off so surely would have felt sick in that situation.
You could lay him at long odds on before the final round, if you put the bet on betfair and didn’t lay off in that situation I might suggest that would be rather foolish.
December 20, 2017 at 21:19 #1333205Never pointless laying off for a profit, getting to a race and having already made a profit before the off is everybit as satisfying as just picking a winner
I always green out if possible, although i rarely lay off just for a free bet, that i do find a bit tedious sometimes
December 20, 2017 at 21:28 #1333207If I were to “Green Up” on one of my current bets it would be the one on The Pentagon to win the 2000 Guineas at 33/1. I can’t see him winning it, as Saxon Warrior looks more likely now, especially at the mile trip.
I might also cash in the chips on Gustav Klimt in the same race at 33/1, as he’s 8/1 now and I prefer Saxon Warrior and Wootton for the race as we stand now.
Thanks for the good crack. Time for me to move on. Be lucky.
December 20, 2017 at 21:34 #1333209I’ve got a green up system I use on the football
trouble is you need to hang about when the game is on and I can’t always do that
my stakes are low by nature so profit made on it is low for the time/effort put in and you get the odd wipe out which can put a hefty dent in your p/l but with discipline and a good selection process you should be able to profit on it
Gaelic Warrior Gold Cup Winner 2026
December 20, 2017 at 21:44 #1333211Personally I think you’d only want to ‘green up’ if you’re in a situation that makes you want to reduce variance, such as:
– running a short bankroll that can’t stand a run of losers
– low on confidence and need the guaranteed ‘green’ to keep yourself happyIn an ideal world if you’re sitting on a +EV bet, you want to let it run its course without greening up, otherwise you’re hurting your own winrate in the long run.
It’s like the concept of buying insurance from another player when you’re all-in and ahead on the flop or turn in cash game poker. If it’s really going to hurt you to lose your whole stack, you should seek insurance. If not, you’re just costing yourself Sklansky Bucks in the long run.
December 20, 2017 at 22:32 #1333221Open the box or take the money!
December 21, 2017 at 00:28 #1333245conservative
Value Is EverythingDecember 21, 2017 at 06:43 #1333255thanks for all your views
December 21, 2017 at 08:07 #1333258I made the decision at the start of the year to lay off for a free bet if in a good position Ante Post, especially a long range one. Certainly worked well up to now, probably accounted for 25% of my yearly profit at a wild guess.
Never really get to the position that makes it worthwhile, with a day of race bet. 10’s to 3’s, 66’s to 25’s why not.
December 21, 2017 at 09:08 #1333259Personally I think you’d only want to ‘green up’ if you’re in a situation that makes you want to reduce variance, such as:
– running a short bankroll that can’t stand a run of losers
– low on confidence and need the guaranteed ‘green’ to keep yourself happyIn an ideal world if you’re sitting on a +EV bet, you want to let it run its course without greening up, otherwise you’re hurting your own winrate in the long run.
It’s like the concept of buying insurance from another player when you’re all-in and ahead on the flop or turn in cash game poker. If it’s really going to hurt you to lose your whole stack, you should seek insurance. If not, you’re just costing yourself Sklansky Bucks in the long run.
Not necessarily true, antepost punters should always green out where possible, its not about not being able to withstand a loss, its about making a profit and taking as much “gambling” out of the equation as possible, im in profit for faugheen in the ch, my combined price was around 8/1, i took the option of getting out at much lower odds, should i have? Obviously, im 11 weeks out from the race and any outcome means a good level of profit, yes if he gets there and wins ill have won less if i hadnt greened out, but ill happily take less profit when im able to remove the word if from an outcome as much as possible
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