betting

[redscot]

Can someone with time on their hands work out how much profit one would have had if one bet £10 on every league game up to now for Reading to win. I assume the profit would be large this season. (I would like to know, to see if it is worth while doing next season.)

[Wimb]

Yeah good luck finding someone to do that...

[waitingforyears]

I would not recommend doing this next year when we are in the Premier League.

[RobRoyal]

Can someone with time on their hands work out how much profit one would have had if one bet £10 on every league game up to now for Reading to win. I assume the profit would be large this season. (I would like to know, to see if it is worth while doing next season.)

How would one do this without an archive of bookies' odds for every game of the season. Do you think such a thing exists?

[Vic_Flange]

Can someone with time on their hands work out how much profit one would have had if one bet £10 on every league game up to now for Reading to win. I assume the profit would be large this season. (I would like to know, to see if it is worth while doing next season.)

How would one do this without an archive of bookies' odds for every game of the season. Do you think such a thing exists?

Do you also want seperate bets or any accumulators?

The odds would change from the start of the season when we were a bit po0 to now to when were great; plus of course who we were playing, and Home or Away, injuries to both te.... Ouch, my head just imploded.

[RFCUK]

I presume he's after match day odds of us winning on the day of that game.

So your initially outlay would be £460.. Without having historical matchday betting info I couldn't help, but it'd in interesting if some one knew.

I'd also like to know from that, if you put a tenna on before each game for reading to be promoted..

[Royal Rother]

Can someone with time on their hands work out how much profit one would have had if one bet £10 on every league game up to now for Reading to win. I assume the profit would be large this season. (I would like to know, to see if it is worth while doing next season.)

I suspect the only way the profit would be large is if some kind of a staking plan had been used.

Straight £10 bets wouldn't generate a large profit.

Depends what you mean by large though.

HTH.

(It doesn't.)

[Ian Royal]

Anywhere you can get archived copies of a betting paper, or a local newspaper that would have odds for each game? That's probably the only way to get the info, I can't imagine bookies would hold onto it....

Good luck finding a mug to do that for you.

[redscot]

I thought everything was on the net this days so it would not take long to fish out the odds for each game. And then add up. (In Readings case there is a lot of adding up.) I do not bet, maybe others who do keep a track of the odds.

If Reading go up, then of course the bet would be on losing the games. (I seem to remember a 8 game losing streak last time...)

[Ian Royal]

I thought everything was on the net this days so it would not take long to fish out the odds for each game. And then add up. (In Readings case there is a lot of adding up.) I do not bet, maybe others who do keep a track of the odds.

If Reading go up, then of course the bet would be on losing the games. (I seem to remember a 8 game losing streak last time...)

It's pretty unlikely odds from games last month, let alone August are going to still be on a betting website. What would be the point in leaving them there? They are worthless bandwidth.

[Vic_Flange]

Can someone with time on their hands work out how much profit one would have had if one bet £10 on every league game up to now for Reading to win. I assume the profit would be large this season. (I would like to know, to see if it is worth while doing next season.)

I suspect the only way the profit would be large is if some kind of a staking plan had been used.

*Straight £10 bets wouldn't generate a large profit. *

Depends what you mean by large though.

HTH.

(It doesn't.)

* Indeed not. All you will get at Ladbrokes for us to beat Leicester is a whopping 21/20

Save your money or name the next goalscorer, or do some spread betting. Ideally, save your money

[RFCSPACE]

If you assume home games we're usually favourites at around 6/4 -> 18 games so far and away we're usually underdogs at around 9/4 -> 16 games so far.

10 home wins would yield £5 profit per game -> £50 -> less the 8 games we haven't won (-£80) would be a loss of £30.
9 away wins would yield £12.50 profit per game -> £112.50 -> less the 7 games we haven't won (-£70) would be a profit of £42.50.

So overall you'll be looking at a whopping £12.50 profit for your £340 investment.

Very rough I know, but betting on everything doesn't really work. The law of averages would imply you'd break even over time.

[RG30]

Can someone with time on their hands work out how much profit one would have had if one bet £10 on every league game up to now for Reading to win. I assume the profit would be large this season. (I would like to know, to see if it is worth while doing next season.)

How would one do this without an archive of bookies' odds for every game of the season. Do you think such a thing exists?

The Racing Post keeps track and they list the 10 most profitable teams and the £10 least profitable teams every Saturday. I'll keep a look out this week.

[Skin]

just lump the lot on Long Run next Friday. Only have to wait 10 mins to collect. No season long faff.

[The Cube]

The law of averages would imply you'd break even over time.

Hardly. Bookmakers work on a percentage profit so you would lose out by that margin over time. Easiest way to see how this works is to look at handicap betting in a two-horse race where the handicap ensures that a draw is not a potential outcome (for example, the Super Bowl with a handicap expressed as plus or minus x.5 points for some whole number x). Then generally both teams are 6/5 on. Unless I'm out of date and it's now 5/4 on.

[RG30]

The law of averages would imply you'd break even over time.

Hardly. Bookmakers work on a percentage profit so you would lose out by that margin over time. Easiest way to see how this works is to look at handicap betting in a two-horse race where the handicap ensures that a draw is not a potential outcome (for example, the Super Bowl with a handicap expressed as plus or minus x.5 points for some whole number x). Then generally both teams are 6/5 on. Unless I'm out of date and it's now 5/4 on.

More like 10/11

[taipeiroyal]

Rather than betting on each game, why not just have an each way on winning the league, finishing top six or getting promotion at the start of the season...much less hassle and, especially top six finish, good chance of coming out with a wad of cash.
My current bets are 9/4 top six finish (taken out 2 months ago)
and promotion at 6/1 (5 weeks ago)

[Wimb]

If you want to have a look at how our odds have changed over the season then this is a decent starting point

http://thetilehurstend.co.uk/2011/08/03 ... ew-201112/

To make you really sick...

http://thetilehurstend.co.uk/2011/09/27 ... r-27-2011/

Reading's title odds were 66/1 then, with promotion odds of 12/1

[Royal Prince]

I was thinking about this the other day strangely enough. As the season goes on the returns you'd get on a Reading win would diminish so it probably isn't as lucrative as you'd first assume.

I reckon if you'd picked a team lower down the table with a decent number of wins, such as Leeds or Hull, you'd stand to make more.

[Wimb]

If you want to have a look at how our odds have changed over the season then this is a decent starting point

http://thetilehurstend.co.uk/2011/08/03 ... ew-201112/

To make you really sick...

http://thetilehurstend.co.uk/2011/09/27 ... r-27-2011/

Reading's title odds were 66/1 then, with promotion odds of 12/1

Even worse, Stan James were offering 150/1 on Reading to win the title in December