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AFL 2015

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Just noticed that Sean Gregory is $251 for Rising Star at SportsBet. Would be amazing if he won it considering he's no longer on our list. :confused:

Have laid some small (1U) RS bets on some of the following: Brayshaw, Dumont, Acres and Amon. Like the look of all of them. Braysh would have an OK chance of winning it and the latter three are at odds of 101 or over and have been playing well.
 
So after beating Freo on their on patch, suddenly Richmond are $17 to win the premiership :drunk:
....and hawthorn are now favourites at $3 in front of Freo at $4
 
So after beating Freo on their on patch, suddenly Richmond are $17 to win the premiership :drunk:
....and hawthorn are now favourites at $3 in front of Freo at $4
Freo still have every right to be favourites.

What are Sydney playing? Going under the radar havnt done alot wrong this year.

Lost to freo at Subi and got beat by a kick in the wet against the buldogs probably the one they shouldve won.
 

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Just noticed that Sean Gregory is $251 for Rising Star at SportsBet. Would be amazing if he won it considering he's no longer on our list. :confused:

Have laid some small (1U) RS bets on some of the following: Brayshaw, Dumont, Acres and Amon. Like the look of all of them. Braysh would have an OK chance of winning it and the latter three are at odds of 101 or over and have been playing well.
Your lay bets here are all looking like winners. How much did you lay them for?
 
What do you mean by lay mate? Never really done it before.

What odds do you usually get? Is it only bet fair where you can lay?
The concept of laying a bet is hugely underrated. It's basically backing something not to occur. You get similar odds to what the bookies offer, only slightly higher odds due to the bookies needing to take a commission.

If you think something is unders, you can lay it. I.e. If you think Fyfe's odds for the Brownlow should be closer to $2, you can "lay" him at $1.70. You receive your investment (less 5% commission) as a potential profit (i.e. if Fyfe doesn't win it). If he does win it, you have to pay out your investment multiplied by the odds of $1.70. For example, if you place a $100 lay bet on Fyfe and he wins the Brownlow, you lose $70. If he doesn't win, your profit will be $100 (well really $95 due to commission).

You often hear people say, "that is no chance to happen". An example would be the Bulldogs winning the 2015 premiership. If you honestly think it is no chance to happen, you can obviously lay them. The problem is, you have to lay them at $80. If you choose to invest $100 on that, you actually have to have $7900 in your wallet, because that would be your liability if they were to win.

A lot of people use lay betting to hedge bets on future markets. Last year, I know someone who placed $100 on Richmond at $1000 to win the flag, when they started their nine game win streak. After round 23, they then laid Richmond for $100 at $70, meaning they had a free $100 crack on them at $930 to win the flag. If they wanted to, they could have locked in a guaranteed $1429 profit - which is ideally what they should have done (regardless of hindsight).
 

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