Laying . backing at 1.1 < 1.01

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rencoetz
Posts: 92
Joined: Thu Aug 22, 2019 5:25 am

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
mickypaul72
Posts: 116
Joined: Tue May 15, 2018 1:52 pm

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
Cardano
Posts: 215
Joined: Mon Aug 21, 2017 12:02 pm

IMO about 1 out of 100 (1.01 ) don't win.That's why the odds are 1.01 because 99 win and 1 loses.
If it was that easy we would all be doing it... :lol:
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ANGELS15
Posts: 897
Joined: Wed Mar 22, 2017 9:57 am

Cardano wrote:
Tue Sep 03, 2019 11:58 pm
IMO about 1 out of 100 (1.01 ) don't win.That's why the odds are 1.01 because 99 win and 1 loses.
If it was that easy we would all be doing it... :lol:
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.
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