Dyer'ere said:
If you've backed the Tiges2 to win the VFL premiership it's time to think about laying off. I would have backed us to win it AND to play off but the second bet wasn't available.
(Never cash out. I'll say it again - never cash out.)
The procedure from here is to back Port Melbourne to win the sum required. In my case I have settled on a ratio of 75% if Tiges2 wins and 25% if we lose.
Suppose I win $500 if Richmond2 wins the flag with my current bets - then I bet $100 on Port to win the game at the $2.25 with the TAB. I will collect $500 ($20 stake + $100 layoff) if Richmond2 wins and nett $125 ($225-100 stake) if Port wins. Near enough to my 75/25 ratio.
Do not lay off with the bookie who is holding your Tiger2 bets. Do not. Even if it's the TAB lay off in cash in person at a kiosk. Not in your account. (If all your bets are in cash you are a free agent.) We will do this again. Do not turn up on anybody's radar. Keep your head down.
I have an additional plan for my stake that I'm working on ATM.
And BTW there is $2.35-2.40 around for Port if you can get on. ATM. But a few will be laying off. Go soon or go late IMO and watch the market. FWIW I expect Port to firm early and Richmond to firm game day.
Choccas with shrewdity there capn
Like reading The Taming of the Shrewd.
Never, ever cash out! And bet in cash and keep your head down
Yep. I go to extent of splitting my bet on multiple tickets so it doesnt seem like your collecting (or occasionally losing) much.
Brings me to an anecdote
I got kicked out of The Northern Hotel a few weeks ago, when i went to cash a ticket.
The payout was a significant, but under $10k, which the stickers and posters all over every TAB say is the amount you will be asked for ID.
The smarmy barman first asked to see my ticket after i scanned it (dont have to do this) but i handed it over (i reckon he was an essendon *smile*)
And he goes 'have you got some ID mate?'
And i go 'yeah, course' long pause
He goes 'can i see it?'
'Nuh, you only get to see it when i win 10 grand, thats the TAB rule and your an agent of the TAB'
'House policy mate' and the dreaded bomber calls over sour faced *smile*
'Youve never asked to see my ID when i lose a grand'
Both lose composure almost entirely, swear at me and call me unpleasant names and tell me to *smile* off
No *smile*.
I grin and and ask them to print me a voucher for the amount (ive scanned ticket) and ill be on my way. i make a little
conversation while he prints my ticket
'So what's a barman get an hour these days?'
And i walked out the door whistling
'Tigerland' really loud and clear.
I might pop back in after the granny.