In this episode I explain the calculations on how to place a lay pre race and trade off in running for a guaranteed profit.
In this episode the calculations are –
5 points
£50 per point for me so £50 x 5 = £250
£250 divided by 3.65 (the horses price) = £68.49
I want to make 40% profit so 68.49 times by 40% = £27.39
This will be my profit if we have a successful trade
My back bet will be £68.49 (initial lay stake) minus £27.39 (profit) = £41.10
This then becomes my back stake.
For FREE trades every Saturday listen to the podcast – The Betting Guy
thebettingguy.co.uk
Lots of betting man love
DMB
Posted by
Dean Booty
Hi. Thanks for all the help. What data do you consider when laying to back? Similar to back to lay?
hello,we have to work on a new catchy gingle “LOTS OF BETTING MAN LOVE ” doesn’t do it for me,makes me think of strange betting thoughts,firemans helmets and matt chapman….what about BACK OR LAY JUST TRADE AWAY…I like your site and I’ve started watching you on betfair..no pressure then, good luck.