BetInAsia told me yesterday they would process the withdrawal today, due to the holiday yesterday, they usually process withdrawals on weekends etc. but I understand 01-01-2019 is a tough date, all banks are closed etc.

I have to say this is very much addicting, I played a few more races, only picked ones with 100 or more to lay.... so instead of withdrawing €5,275 - I got to withdraw €5,472.85 (almost €200 more just from laying these underdogs), this time it's all final and confirmed:



Once I get it in Bitcoin I would let you how much exactly I received. (You need to include a 2% fee for withdrawing within 30 days more than once).

Just to let you know today there was a 40-1 winner in a Greyhound race, I am yet to see a 100 winner in a large record that I've already checked, it seems that the odds in Greyhounds on underdogs (which are dogs lol) - they are much more accurate than I thought (not for betting on winners but for laying purposes):

Can I ask how did you notice it? Where do you see these numbers exactly? Are you referring to the numbers showing in the "Matched" numbers for each event? This is all from BetFair, not from Orbit, and I doubt Orbit has more liquidity than BetFair which is super huge.

Can you please explain how do you assume all that?

My account balance is now €5,275.

That's it, I've decided - no more bets please.

I've asked BetInAsia for a withdrawal and I will keep you updated once they process it.

Bet #125:

Bet #124:



I am limited with Orbit, have to place a €6 lay bet followed by a €6 lay bet, because of "high exposure", the error message says to contact the agent, which I believe it's very normal, and happened to many others, so I just have to wait for BetInAsia to fix this, they should open their office in about 10 minutes, they work 9am-9pm CET every day.

Bet #123:

Bet #122:

Bet #121:

Bet #120:

Bet #119:

Bet #117:



Bet #118:

Gambling is very addictive and very dangerous because the addiction takes you away from other things in life.

This is not only a financial risk but also a personal risk, how many families got broken because of gambling? Countless ...

All in all a gambling is a losing proposition, if you truly wish to win - either bet on yourself (i.e. don't gamble), or become a "house" (although I'm personally against it), or use a strategy that gives you some edge which is time consuming but if you feel like you have to and it's your last resort - then by all means at least make an educated bet and not a random one.

I think I came across this thread previously, and thanks for sharing it - this guy is talking about laying 12-20 ... this is not worth it by all means whatsoever, unless if you pick them from races with 20 horses in them (which is quite rare) ... usually these odds come in a 7-8 horse race, this has no value in the long term because as I explained in my previous post - horses "in the middle" are usually the winners ... it's not a good strategy.

I still think Laying The Underdog is not a bad thing but it must be done carefully as well ... you would barely come across articles or forum threads about laying the underdog, trust me on this, I've researched the Internet and couldn't find many people talking about it.

Bet #116:



I couldn't place €18 in one shot because of an error message of "High Exposure", I will wait for BetInAsia to sort this out as well as to hopefully process a withdrawal.

Not looking at any other races anymore for today and will be busy doing other things tonight.

Happy 2019 for everyone!

Any chance to list 2 or 3 threads of this kind please?

There are no guarantees when it comes to gambling, that's why the house wins because the house knows that the only guaranteed outcome from randomness is to take a fee from it, any other option carries a risk with it.

Bookmakers do take risk when a horse or a dog with high odds wins the race, in the media you see they say "the bookmakers cheer" but in fact they only cheer when the low odds unpredictable horse/dog wins, which is why extreme bets (favorite or worst underdogs) are not the ones the bookies want to win, because then they would have to pay more (i.e. there would be more customers noticing the lowest and highest possible odds, the ones in the middle are usually the winners because most people don't bet on them - hence the term "Lay The Favorite" was created but not apply it to "Lay The Underdog" as well?)

There is a race in Cannington near Perth in 15 minutes or so - the underdog there looks like a good choice, but then you have to add the market movement and see how BetFair is reacting to it - with these tools it might be easier to make the "right" choice - but I am absolutely on a quitting mode now, BetInAsia told me they don't work until tomorrow, so I have to wait for tomorrow for them to process a withdrawal so long as nothing stupid is being done neither (!!), let's wait and see.

Bet #115:

Bet #114:



I've added a live bet against it in live, because he was the 1st horse to lead the race, I love to lay these longshot horses because I've seen this countless times in the UK where a 80-100 horse leads the race until 1000-1500 meters to go and then drifting all the way back ....

I got it for odds of 60 but unfortunately couldn't do the full balance - I got an error "You have reached your limit exposure", so would have to wait for BetInAsia to help with this, not that I'm bothered with this.

Thanks, I am waiting for the withdrawal to be processed so as long as it's not processed yet I can't count my chickens yet.