Friday, August 12, 2005
Taking Risks
Or rather not taking them............?
I had a punt a few weeks ago on Betfair on the "Ashes" series ending in a draw at 6/1. Only £20. Last night the price had dropped to 4.9/1 so I layed off and now whoever wins the series (or if its a draw), I am guaranteed £12 profit (60% return)...not massive I know. I am probably not made for this gambling lark, the safety of banking a small profit versus letting it ride for £140 gain with the prospect of losing the whole £20?
Also had one of those strange limit O8 sessions today. After 100 hands of $3/$6 limit I was up 30 big bets. Left table up $144 (24 bbs) for a good day, only marred by a continuation of my SNG cold run.
I had a punt a few weeks ago on Betfair on the "Ashes" series ending in a draw at 6/1. Only £20. Last night the price had dropped to 4.9/1 so I layed off and now whoever wins the series (or if its a draw), I am guaranteed £12 profit (60% return)...not massive I know. I am probably not made for this gambling lark, the safety of banking a small profit versus letting it ride for £140 gain with the prospect of losing the whole £20?
Also had one of those strange limit O8 sessions today. After 100 hands of $3/$6 limit I was up 30 big bets. Left table up $144 (24 bbs) for a good day, only marred by a continuation of my SNG cold run.
# posted by redsimon @ 4:31 PM 
