Documenting my Horse Racing Bets - Started: 26-DEC-2018

[Get-Paid.com]

My last one for Australia for today is Darwin in 5 minutes.
Must say the Greyhound race is quite exciting not less than the horse one haha! 

See for yourself - just like watching it in the UK only it's in Australia, and the time zone could be more suitable for those who are busy during UK time.

[Get-Paid.com]

Bet #68:



This is likely going to be my last one for Australia for today, unless I manage to grab Albion Park's last race which is in about 50 minutes, but otherwise this would be the last one for today from Australia.

[Get-Paid.com]

Bet #69 - he looks terrible pre-race in the live streaming:

[Get-Paid.com]

Bet #70 - Last one today from Australia - Albion Park:

[Get-Paid.com]

Account Balance is now 4,853.67 EUR.
Need to think how much to withdraw and how much to keep, or whether keep on going for just one more day.
Will keep this updated.

(600 EUR was already withdrawn so far since I started).

[Get-Paid.com]

Bet #71 - Another 126.00 came, was drifting pre-race:

[BitcoinGirl.Club]

Account Balance is now 4,853.67 EUR.
Need to think how much to withdraw and how much to keep, or whether keep on going for just one more day.
Will keep this updated.

(600 EUR was already withdrawn so far since I started).

Good work bud you are playing a patience game.

From those 5 bets the total is 21 + 22 + 0.13 + 12 + 17 = 72.13 EUR

I still don't understand how much you made profit as the Stake column and Profit/Loss column shows the same amount. Is it because of the very low odd?

Placing bets like this is quite simple, you are not betting on which horse to win but rather on which one to lose the race (even 2nd place is a loss), in another words you don't want that horse to be a winner.

But in order to say get €20 out of a race where the odds are 200 on that horse - you need to risk €4,000 in order to win €20 - but ... in a normal betting world some people would risk €100 to win €20 which is riskier, because 1.20 odds are not a "sure thing" ... here it's also never a sure thing, but statistically you have much better chances to win than someone betting €100 to win €20.

It's like in a football match for example between Man U and  Man City score is 3-1. 88th minutes you place a bet for Man U to win and the odd is 1/1000 win is confirmed unless Man City accidentally score 2 goals in injury time(I have seen teams to draw from the same position several times)?

[Get-Paid.com]

I still don't understand how much you made profit as the Stake column and Profit/Loss column shows the same amount. Is it because of the very low odd?

I was about to post these bets like the regular screenshots but take a look here:

Bets #72-#73



Got no more Australian races today, Sunday usually is packed with races.

Let me try to answer your question:

Take the last one (Bet #73)  - Mallee Pearl, who btw finished second.

I get 10 EUR if the dog loses, and I have to pay 415.18 times that if the dog wins.

So in another words I have to risk around 4,150 EUR in order to win 10 EUR.

That's a huge risk for a small gain - BUT - you are betting the dog won't win the race ... this dog for instance had 101, but the BetFair market treated him with much more caution for instance (the best thing is to bet on dogs or horses where both in TV and in the market you see the price sliding and going away).

Also beware of Harness Racing - it's much more dangerous than regular one (although in the US it's more solid than in Australia).

[Get-Paid.com]

It's like in a football match for example between Man U and  Man City score is 3-1. 88th minutes you place a bet for Man U to win and the odd is 1/1000 win is confirmed unless Man City accidentally score 2 goals in injury time(I have seen teams to draw from the same position several times)?

It's a bit similar, but I think with the horses you have better chances and better odds - in soccer you never know ... if they score 2 goals or if it's fixed then you're done ... it could also be rigged/fixed in these races, but that's why the market is a great indication.

[Get-Paid.com]

Bets #74 - 76 (placed through phone):

[Get-Paid.com]

Bet #77



This was the first bet I took for low odds (of 7-8) in Greyhounds UK, was just testing it and was willing to risk around 400 EUR here, it seems to go in line with the odds as well, I haven't seen the UK offering high odds in greyhounds like the Australians so far but will keep an eye on it.

[Get-Paid.com]

Bet #78:

[Get-Paid.com]

Bet #79:

[Get-Paid.com]

I have withdrawn another 1,400 EUR from my account.
I received from BetInAsia 0.3905 BTC for this (around $1,510 or 1,320 EUR, quite lots of fees involved).

Current account balance: 3,765.54 EUR.

[Get-Paid.com]

Bet #80:

[Get-Paid.com]

Bet #80:

This one is cancelled. Bet refunded.

[Get-Paid.com]

Bet #81:

[Get-Paid.com]

Bet #82:

[BitcoinGirl.Club]

I have withdrawn another 1,400 EUR from my account.
I received from BetInAsia 0.3905 BTC for this (around $1,510 or 1,320 EUR, quite lots of fees involved).

Current account balance: 3,765.54 EUR.

Curious to know, how much was your initial deposit for this campaign? You are making an old gambler's stomach rumbling. I thought I gave up gambling but following your post making me greedy LOL

[Get-Paid.com]

Bet #83: