Football Betting.......getting It Right And Edge Your Bet ?

[dieseldick]

i have recently been studying form and have stated winning for once...here is my next punt below -

Leicester
Match Odds
Stoke v Aston Villa
1.66
£0.00
Delete
Stoke
Match Odds
Bolton v Burnley
1.85
£0.00
Delete
Burnley
Match Odds
MultiplesStake per Bet
Cash Out available
4.72
30
£141.60
Trebles (x1)
EDGE YOUR ACCA?


do you think its better to edge your bet on a treble ? or just do a high confidence double ? such as stoke v villa and burnley v bolton....bolton and villa both bottom of league.

[New Judge]

Sorry, Dick. I'm quote well versed with betting and odds, but I haven't a clue what you are asking about.

[Gizmonster]

... I'm glad it's not just me that hasn't got a Scooby Doo what all that means lol :P

[dieseldick]

it means. say you do a treble , if you edge your bet then if one team lets you down you get your money back in cash. so in my treble -
burnley
stoke
leisester
if stoke does not win i still get my money back. its an edged bet.

so i was asking the question do you think an edge bet is safer and better than a " normal treble " bearing in mind if you edge your bet then your odds drop , you get less odds.

[Togo]

You do both diesel, your edged bet should at least give you back all your stakes if calculated correctly by tailoring the stakes in both bets. You still of course need that bet to come in at least. If the high odds punt also comes up, quids in.

[Cloverjo]

Do you mean "hedge", not "edge"? Sorry I'm not answering your question, but I am interested. I've heard of hedging one's bets - I used to work in a betting shop - but I've not heard of edging a bet.

[Togo]

It is hedge cleverjo. I went with diesels version so as not to be..... well clever. Lol.

[Cloverjo]

Thanks, Togo :) I was just wondering.

[Togo]

We all want to hedge our bets so as to gain an edge.

[New Judge]

I understand now, dick. Yes you do mean “hedge” and not edge.

All the bets you place have varying amounts of value. Your “hedged” bet has a value in that it wins you your stake back (which would otherwise be lost without it). You pay for it, as I understand, not by way of a stake but by reduced odds on the bets you are staking money for. In this respect it may seem “free” but it is not because you stand to gain less should your “proper” bets be successful. It only becomes "free" should your other bets lose.

Your question is a bit like asking “is it better for me to take a lump sum now or an annual pension”. The answer depends on how long you think you might live and neither you nor anybody else knows that with any certainty. So it is with your football bets. However confident you are they may be successful there is a chance they may not be. So it’s for you to decide where the best “value” lies. That’s what gambling is all about.

[dieseldick]

on betfair,com it says " edge your bet " not hedge.

[New Judge]

To “hedge” a bet means to reduce one’s liabilities (either in full or in part). Bookmakers usually do this by offloading a bet or a group of bets (either in full or in part) with another bookie. It is difficult for individual punters to hedge their bets (other than by making multiple selections on a single event with adjusted stakes). “Acca Edge” seems to be form of “hedging” which Betfair offers on accumulator bets (trebles and above). As you describe, in return for a reduction in odds, you get your stake back should one leg of your accumulator let you down. It is a form of hedging in that you reduce your liabilities (i.e. only two of your three selections in a treble needs to win to see your stake returned) but you pay for it in the form of reduced odds.

So you are certainly correct, dick (and I now understand what the last line in your question means. Edge your Acca = “Edge your accumulator”). But it is, nonetheless, a form of hedging. Whether or not it gives you and “Edge” (as Betfair would like you to believe) is not so clear. Of course if one leg of your treble lets you down you get your stake back and so it seems a good deal. However, if all three win you get a reduced payout so then it might not seem to sao good. As I said in my first answer, it’s all about what you see as the best “value”.