Someone is asking for 200 EW at 10/1 on the Bettfair EW market about Red cossack in the 8:45 at Kempton tomorrow, yet Betfair sportsbook are going 12/1 and 365 are going 11/1.
I've never traded before, is it right?
Someone is asking for 200 EW at 10/1 on the Bettfair EW market about Red cossack in the 8:45 at Kempton tomorrow, yet Betfair sportsbook are going 12/1 and 365 are going 11/1.
I've never traded before, is it right?
They can ask until hell freezes over but no one is going to lay them.
Just some idiot chancing his arm
Formely Fist of Fury
Why? Not sure I quite understand you.
Chris, as it stands and at those figures, yes it is a trade.
Just make sure that the Place terms -- eg 1/5th odds 1,2,3,-- are the same on both sides.
Also, stating the bleedin' obvious, halve your stake on the bookmaker side whilst ticking the E/W box. A £100 Lay at 11.0 on Betfair means a risk of £200.
But exercise extreme caution with regard to non-runners and late withdrawals regarding the Place side of the Lay/Bet.
If withdrawals result in a seven runner race, and the particular horse comes in third, you will lose the Place Lay -- and get nothing for third at Bet365.
I haven't done betfair E/W bets yet since they introduced the facility last month. I think if I were to try it I would be more inclined to evenly split between the Lay and Back stakes to try for a free bet rather than adjusting stakes to gain an all-green win or lose.
Last edited by icebreaker; 1st April 2015 at 8:00 AM.
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Whats with the paranoia?