Quote:
Originally Posted by thorntoc
I'm not sure I agree that the chances are anything more than titlewin% x cupwin% and that a team performing well in the league will play well in the FA cup is already factored in to the price.
Also Bookies tend to rape you on the doubles(ie. they trim the price down) plus you won't have use of the stake money for the entire season(think how many times you can roll that money over). Make's this at best a tiny (<0.5%) wager and at worst a -ev bet imo.
The locking money up is less of a concern for me than more active bettors. I'm rarely close to being fully committed and actually run in to bookie limits sometimes. This does not mean I am super balla - I just play somewhat obscure markets like 1st half Macedonian football.
I looked at some other leagues data too and the double seems to happen more often than it would by chance (although I admit I don't really know how many teams in Italy really had a chance of winning in 1995 etc).
I agree it's not a "raid the pension" fund kind of investment, but I've chucked 1% down.
I very rarely play multiples unless I can find correlated ones (like I think thos one is) or am making a chumpy bet to make Soccer Saturday interesting so I don't pay attention to the odds - going to have to fill some out this week and see if your accusation is true.