|betting in running is risky, you should only gamble with money you can afford to lose!!|
Gambling in running on live sports events
|| Darts | Football | Horse Racing | Rugby | Snooker | Tennis ||
Does Risk and Return Matter in Betting?
As with most things in life there is generally a tradeoff between risk and return. For example, do you stick to safe investments
and take a small amount of interest, or do you find a risky, hi-tech share on the stock market in te hope of achieving much
more handsome returns?
Most of the time the more risky your bet is the, the larger the potential winnings will be. Why is this? Well as the bookmaker
sees it, there is less chance of the bet actually winning, they therefore don't mind paying out more if it does win.
Significance in Live Betting
The same rules as stated above apply to betting in running. The more risky your bets are, the more each bet could win, but the less
likely it is to win. Lets assume you begin by backing the favourite but then the favourite starts losing so their odds lengthen
and the outsider's odds begin to shorten. If you fear that the favourite may not be able to start winning again you could choose
to reduce your exposure (ie make your bet less risky) by putting a covering bet on the outsider. By doing this you have reduced
your potential loss if the favourite goes on to lose, we can therefore say the bet is less risky. However, at the same time, you will
also have reduced your potential winnings if the favourite goes on to win since you will now have to pay your covering stake on the
live-betting.co.uk © 2004 The Matren Limited, PO Box 3353, Wokingham, Berkshire, RG41 3WB, England, UK
Placing a bet during a live event to hedge risk, guarantee profits, exploit market movements and have fun.