Screw up of the day

Desperation, trying to be too clever. Don’t know what I was thinking.

Anyway Priceless was @ 4/1 on the bookie and trading to lay at 6.4. Thing was the bookie was listing Muthmir as a non-runner, but he seemed to me to be still trading on smarkets @ about 4.1 (back) and 4.5 (lay).

I reckoned that smarkets would reduce all bets by about 23% when they would eventually remove Muthmir from the market. So I went in with a lay on Priceless at 6.4 and hoped it would be reduced to something like 4.9.

The reduction never came, chat said that Muthmir was removed from their market 2 mins before I put my bet on, but I could clearly see him still listed and with a price as I clicked on confirm for my lay.

Anyway I paid out 108 and only won 80 at bookie. So I am not too happy.

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FoG_BLoG
61

September 7, 2016 at 4:35 pm

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Pickle 64 September 7, 2016 at 5:07 pm

£28 for a valuable lesson isnt bad mate. You wont do it again and it could have been more costly

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roly24 11 September 7, 2016 at 6:13 pm

Moral there – ditch Smarkets and concentrate on betfair rather than Mickey Mouse operator. Cheapest not best in crucial exchange markets.

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MB121 0 September 7, 2016 at 6:28 pm

Ha roly mate do you work for betfair? They’re certainly have a larger range of markets and more liquidity but you don’t need to be a genius to know that 2% commission is way better than 5%…

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roly24 11 September 7, 2016 at 6:44 pm

Fine if you’re just interested in lower commission rate but no comparison between these operators. Liquidity reliability market coverage etc etc – no brainier for me.

A skoda is still a skoda compared to a BMW.

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MB121 0 September 7, 2016 at 7:19 pm

Each to their own I guess. I do keep some float in betfair to be fair so when smarkets doesn’t have the market/liquidity I have an option.

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roly24 11 September 7, 2016 at 7:30 pm

Yes that’s fair – a good call for certain events.

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Pickle 64 September 7, 2016 at 7:37 pm

Smarkets has been brilliant for the last few months for the events it does have markets for and is definitely preferable for my needs. That said i do drive a Skoda and think a lot of BMW drivers are tossers ;)

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roly24 11 September 7, 2016 at 7:42 pm

That’s excellent Pickle.

And as for Skoda drivers, well where would we begin?

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Pickle 64 September 7, 2016 at 7:45 pm

TBF Roly my main bets nowadays are usually smalls arbs so the 2% commission is key.

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Dave_Jones 12 September 8, 2016 at 10:02 am

If your float can handle it then I think it makes sense to have at least money in two exchanges. I always go to smarkets first and if I cant lay off there then I use betfair. The 2% commission on smarkets makes a big difference to the bottom line.

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feltt1p 7 September 8, 2016 at 12:48 pm

Poor Matchbook gets no love…

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MB121 0 September 8, 2016 at 12:59 pm

What are peoples opinion on Matchbook? I’ve never tried it personally as it’d be spreading my float too thin. Worth a look in?

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