Help with something on Betfair.

[dom_105]

I'm pretty much as novice as it gets in relation to betting. You know, put a bit on here and there, to make it interesting more or less.

Anyway, I put a bit of money on the Lakers to beat Orlando this morning, I think they were at 2.50 or something. Not enough to break the bank, mind you, just enough to keep it interesting. The Lakers came close in the end but couldn't get the job done.

Now, obviously the live stats would have come in a bit as the game went on and as the Lakers were still in the game until pretty much the last minute. I would assume as a result, the odds got tighter and tighter until they were at even money, probably around 1.80-ish (or whatever it was, I didn't actually check).

Question is, with the ability with Betfair to both bet and lay, and to bet in-play, can I make money on the fluctuation of those odds when they were at even money, as opposed to just sticking with my bet and hoping the Lakers get up?

Obviously you are not going to make much in this example, but you would if you, say, got on Greg Norman at the start of the British Open last year and jumped off at the start of the last round.

Any thoughts.

[TadKa]

I did a freebie betfair course once and yeah you can 'option out' your bet and get I think what they call a greenbook. But I think Aus laws make it illegal for betting during play for some reason. I'm not sure exactly but maybe contact betfair to nab a 'betfair for dummies' book that they sometimes givaway or try and get on a free evening course. they only went for a couple of hours and you get free sangas.