Hi all, just wondering if there is an easy way to create a 50/50 position before a race ?
I.e. similar to backing or laying the 1st horse to reach 2.0 in play.
Have tried with Dutching but can't seem to figure it out.
Thanks,
Andy
Create a 50/50 pre race position
There are several ways. Laying a horse in-play at half the price you back it at for twice as much. Having a stop-loss of equal distance from opening trade as your take-profit odds. Attempting to back the field for an overround of 50% or lay the field for an overround of 200%.
Generally though, it's far easier to make money by spotting opportunities and taking what's on the table than deciding what odds you want and looking for the opportunity to match.
Generally though, it's far easier to make money by spotting opportunities and taking what's on the table than deciding what odds you want and looking for the opportunity to match.