Back in the days in the good old Betfair forums a guy popped up claiming to having found the holy grail of betting/trading. He said he developed a strategy to make sure 9%-12% with trading football matches. No risk involved, you can’t lose. The strategy could be applied to lots of football matches, multiple during busy days, they just needed to fit certain criteria and the markets needed enough volume.
That led to heated discussions of course. People were calling it a hoax, others found themselves in some kind of gold rush, but everyone tried to wrap their head around, if this was even possible. And if so, how ?
The mysterious Slicer would involve in these discussions and give some hints to point people in the right direction. This is what is known:
People found out relatively quick, what that second bet was and from what I recall, Slicer confirmed.
So you have these two bets at the start of the match:
That leaves us with a profit every time a goal has been scored in the first half. The problem starts, when there is no goal scored. By hedging the 0-0 FT back bet, you won’t recover the loss you made with the lay 0-0 HT bet, so some additional action has to be taken to turn this match into a profitable one.
There were some bright minds in the Betfair forums, but no one was able to figure that third bet out. In some cases, depending on how the match unfolded in first half, you could get out with no loss at half-time, but no win too. Then you could just wait for a few minutes after half time and get out with no loss as well – but that leaves you vulnerable to an early second half goal and the risk of losing both bets. And all this is far away from 9%-12% profit with every match you touch (after some research).
Do you think Slicer had – at that time – really found the holy grail ? What could that third bet been ? Do you think there is still some bugs in the markets nowadays that can be exploited ?
Discuss.
That led to heated discussions of course. People were calling it a hoax, others found themselves in some kind of gold rush, but everyone tried to wrap their head around, if this was even possible. And if so, how ?
The mysterious Slicer would involve in these discussions and give some hints to point people in the right direction. This is what is known:
- The strategy consists of two pre-match bets, with a third bet (or series of bets)and adjustment of second bet possibly needed at half-time
- The first bet is lay 0-0 HT
- If the first bet wins, the second bet will lose
- Home team should be solid favourite
- Market has to have good volume/liquidity
People found out relatively quick, what that second bet was and from what I recall, Slicer confirmed.
So you have these two bets at the start of the match:
- Lay 0-0 HT
- Back 0-0 FT
That leaves us with a profit every time a goal has been scored in the first half. The problem starts, when there is no goal scored. By hedging the 0-0 FT back bet, you won’t recover the loss you made with the lay 0-0 HT bet, so some additional action has to be taken to turn this match into a profitable one.
There were some bright minds in the Betfair forums, but no one was able to figure that third bet out. In some cases, depending on how the match unfolded in first half, you could get out with no loss at half-time, but no win too. Then you could just wait for a few minutes after half time and get out with no loss as well – but that leaves you vulnerable to an early second half goal and the risk of losing both bets. And all this is far away from 9%-12% profit with every match you touch (after some research).
Do you think Slicer had – at that time – really found the holy grail ? What could that third bet been ? Do you think there is still some bugs in the markets nowadays that can be exploited ?
Discuss.
I don’t think it was a hoax but rather just as every other so called strategies that does not work.Many people come up with these so called strategies from despair to find a way to beat the bookies and some others just because want to be known in the circle of gamblers but none works.I believe that there is no holy grail ever to be found because gambling involves a lot of luck even in sport betting and no holy grail can fight against luck.
