Back a horse with bookie then lay on exchange help needed

[Billsretreat]

Hi guys.

I follow a tipster and have noticed that every time a large price horse is tipped, its price plummeted on both the exchange and with bookmakers. Example is today a horse was tipped at 16-1 and now it’s 5-1 with the bookies and the lay price is 7-1 on the exchanges.

Now to me there seems a huge opportunity to lay the horse for profit.

I’m looking for some advice on how to calculate how much to place on the lay bet to lock in a profit. Or if there is a better way to benefit this situation as it arises very often.

Thanks

[Dallas]

Unless you've got that early and good price then your better trying to catch it at the bottom end, there is a ready-made bot in the shared files section that looks for exactly this and the scenario you've outlined
viewtopic.php?f=53&t=15469

If you have backed at the bookies and are looking to lay on the exchange you'll need to use a betting calculator to work out your lay stake (if your not able to do it manually)
https://www.profitaccumulator.co.uk/calculator/

[mickypaul72]

Hi, I'm looking to use this bot to place a Back bet if the price moves in by 1 odds, so for the WOM condition what would be a good percent to use if backing rather than laying.

Thanks in advance.