Just looking to start a post on anybody know of backing horses in play at 1.01 and not winning long term
Maybe it a lay opportunity if the bank is big enough
Anybody have experience in this
Laying . backing at 1.1 < 1.01
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Horses occasionaly touch 1.01 and go on to lose, you would need to include a (less than) 1.2 fixed odds condition otherwise you will get matched at the BSP striaght from the off
I believe you're right, by the time a horse's odds hit 1.01 it's already won and those are just back request odds. Also I believe it's difficult for the average stay at home trader to apply the strategy described in the OP. You'd be competing with the on course traders who will have snapped up the best prices long before you could execute the strategy. Even if you went to watch it live people on here have described how they've noticed that the eventual winner is already long odds on 2 or 3 furlongs out. likelhood is that the on course professionals have not only snapped up the best price but have already got an exit price in place should the likely winner's in-running price go back out by a tick or so.