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

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Bet #120:

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Bet #121:

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Bet #122:

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Bet #123:

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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.

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Bet #125:

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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.

[reactorjuno]

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.

I am curious to hear what they reply to that. Orbit should work just like Betfair, I would be surprised if they set a limit exposure on horse racing.
Also I am sure yet but I think Orbit probably take the risk on the bets.

What I noticed was that the liquidity on Orbit is 60% higher than at Betfair (I am sure you noticed it too), therefore the guys behind Orbit probably bring their own liquidity, hence the agreement with Betfair to be able to offer such brokerage service. So in short, they probably don't like winners.

[BitcoinGirl.Club]

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.

I guess in the last few days you made around 3.5K Euro profit (Once you successfully get this balance)? Very good performance I should say. I am also happy to see that you know when to quit. You had some long last few days and seems like it was well paid.

Thanks for the tips and sharing your experience.

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What I noticed was that the liquidity on Orbit is 60% higher than at Betfair (I am sure you noticed it too), therefore the guys behind Orbit probably bring their own liquidity, hence the agreement with Betfair to be able to offer such brokerage service. So in short, they probably don't like winners.

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?

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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):

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I guess in the last few days you made around 3.5K Euro profit (Once you successfully get this balance)? Very good performance I should say. I am also happy to see that you know when to quit. You had some long last few days and seems like it was well paid.

Thanks for the tips and sharing your experience.

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).

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If anyone uses BetFair - Wentworth Park, last greyhound race for today there in Australia - Eyebrow Braizin - feel free to lay this one (it's 151 to 1 at the moment) to increase your bankroll by some %0.XX

[BitcoinGirl.Club]

I guess in the last few days you made around 3.5K Euro profit (Once you successfully get this balance)? Very good performance I should say. I am also happy to see that you know when to quit. You had some long last few days and seems like it was well paid.

Thanks for the tips and sharing your experience.

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:

Good that you won. I used to be an addict especially in sports betting. I may find only few sports I have not gamble. In tennis I even used to bet on point market. There were nights I was making (profit) £1000 to £1500 then at the early morning I lost all even the investment. I had hard time to give up the addiction. Don't let it to control you.

I am really really happy for the money you made. Occasionally take the fun if you really have to but like this time always control your greed and focus on strategy.  I hope you don't mind telling my life experience and these friendly suggestions.

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 enjoy the winning and be happy. Have a blasting new year  

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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).

Sorry I wasn't available in the past few hours.
I received around 6 hours ago 1.527 BTC from BetInAsia for this withdrawal.

They charge 2% off the BTC/EUR rate and I have to be charged extra 2% for withdrawing more than once within 30 days.

Overall, if I withdrew around €5,470 which is around $6,225 in dollars (makes it easier as most people see the BTC/USD relevant and not the EUR one) so:

$6,225 * 0.96 (4% deduction) = $5,976

5,976 / 1.527 = $3,913 (not far from the exact exchange), so it's all good !

That's it, this betting thread in terms of betting is now complete, but feel free to use it for reference, and to keep on posting other questions etc.

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I am really really happy for the money you made. Occasionally take the fun if you really have to but like this time always control your greed and focus on strategy.  I hope you don't mind telling my life experience and these friendly suggestions.

Thank you.
I will relate to it later on about addictions etc. - it's a very important topic.
Just a bit busy now to discuss it, but I'd relate to it later on.

[BitcoinGirl.Club]

I received around 6 hours ago 1.527 BTC from BetInAsia for this withdrawal.

Awesome! Finally the money is yours!!

5,976 / 1.527 = $3,913 (not far from the exact exchange), so it's all good !

Looking at the current preev rate ($3,823) the difference is not much. Only 2.3% overall.

[Get-Paid.com]

I received around 6 hours ago 1.527 BTC from BetInAsia for this withdrawal.

Awesome! Finally the money is yours!!

5,976 / 1.527 = $3,913 (not far from the exact exchange), so it's all good !

Looking at the current preev rate ($3,823) the difference is not much. Only 2.3% overall.

Yes, not bad at all ... I doubt if with AsianConnect it would have been faster, I've heard they do so many verification check, lots of scrutiny ... I have no complaints against BetInAsia - they are very straightforward and easy to work with.

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Thank you.
I will relate to it later on about addictions etc. - it's a very important topic.
Just a bit busy now to discuss it, but I'd relate to it later on.

Gambling addiction is a serious problem, and like I mentioned in this thread and exemplified - it's very much addicting ... there are so many ways to gamble and it's also tempting for many "houses" (=gambling establishments) to take commission from all this action.

Being the house is the smartest thing to do ... being a gambler is not so smart, it's like you being a customer, not a business owner ... so you have to abide by the business rules, it's a 2nd class option vs 1st class, however you look at it.

The addiction itself - MUST be arrested if necessary, that means that people who say here "control it, don't bet if you don't have to" don't understand that it doesn't work that way .... preventing any access to money or to quick funds is the right way to move it forward ...

If you have no money - you cannot bet.
If you have no money - you cannot gamble.

The term "arresting the addiction" must be applied if you feel like you cannot put things under control.

Now regarding this type of betting (that I did) - I treated it like an investment, like buying a stock in the market, it has gained nicely in % so I decided to quit ... I think if I'd want to try it again I'd use Skrill or Neteller or another proper form of deposit to avoid fees such as 2% for Bitcoin, or use an agent that takes Bank Transfers or any other proper form of deposit, or use BetFair directly (although I'm slightly against this option as agents are more reliable in my opinion and don't cause lots of hassles).

Anyway I hope this way of gambling has been proven to many of you to be quite successful, there were very few risks with these bets, as I mentioned perhaps 2 or 3 bets out of over 100 bets were in a high risk position, so it's considerably not bad, but you must learn how to choose the right place .... for instance South Africa and Singapore are places where horses of 150 win too often .... in Australia it's a much different territory.

If anyone has other questions or feedback please feel free to post it here.

[reactorjuno]

What I noticed was that the liquidity on Orbit is 60% higher than at Betfair (I am sure you noticed it too), therefore the guys behind Orbit probably bring their own liquidity, hence the agreement with Betfair to be able to offer such brokerage service. So in short, they probably don't like winners.

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?

Sorry for late reply. Yes I am pretty sure Orbit has more liquidity than Betfair, just make a test, first go to Orbit website without logging in, then login and you will notice more liquidity. It's simple, use a VPN if you are in a restricted location, and go to Betfair.com (exchange section), and just compare the liquidity.
There is a thread about it on SBR > https://www.sportsbookreview.com/forum/sportsbooks-industry/3510326-orbitx-where-cash-out-function.html#post28227759

I'll post the pictures: