Yesterday was a good day as all 3 match bets came in for all 3 funds. No surprises in the matches, though it could be argued Fulham did well to get their draw at Blackburn.

Another 3 games today due to the magic of the F.A. Cup. How great to see Portsmouth now installed as favourites to lift the Trophy at 2.3 on Betfair. They traded at odds of 200 at the opening of the market and £9 was matched. With Betfair you have to have the funds at risk in your account for the period of the bet; i.e. no margin allowed. For a £2 bet laying Pompey at 200 someone had to place aside £400 in their Betfair account. That’s a return of 0.5% (if Pompey lose) over as near as damn it a year. So even ignoring the risk of losing your £400 why someone thought a return of 0.5% on their money was good over a year is beyond me. Just goes to show how people don’t think about the price.
Continued