Greening Only Part Of Trade

[Clapham1234]

As somebody very new to this I have a quick question.
If I place a £20 back bet on a correct score soccer market at odds of 20 and the price comes down to 10 during the match, I then lay £10 of the stake at 10, can I green up the profit from this while still letting the other £10 run till the end of the match?
Many thanks in advance.
Tony

[Derek27]

As somebody very new to this I have a quick question.
If I place a £20 back bet on a correct score soccer market at odds of 20 and the price comes down to 10 during the match, I then lay £10 of the stake at 10, can I green up the profit from this while still letting the other £10 run till the end of the match?
Many thanks in advance.
Tony

Welcome to the forum Clapham.

Greening up would involve laying at 10 for £40 to guarantee a £20 profit.
Laying for £20 would give you a 'free bet' of £200 if it wins, nothing to win or lose if it loses.
Laying for £10 would reduce your risk to just £10 if it loses and £290 if it wins.
You can, of course, go anywhere in between, e.g. lay for £15 or £5.

[Realrocknrolla]

As somebody very new to this I have a quick question.
If I place a £20 back bet on a correct score soccer market at odds of 20 and the price comes down to 10 during the match, I then lay £10 of the stake at 10, can I green up the profit from this while still letting the other £10 run till the end of the match?
Many thanks in advance.
Tony

Welcome to the forum Clapham.

Greening up would involve laying at 10 for £40 to guarantee a £20 profit.
Laying for £20 would give you a 'free bet' of £200 if it wins, nothing to win or lose if it loses.
Laying for £10 would reduce your risk to just £10 if it loses and £290 if it wins.
You can, of course, go anywhere in between, e.g. lay for £15 or £5.

Beautifully Poetic.

Welcome also!!!!

[Clapham1234]

Many Thanks,
Is it possible to only green up half my initial bet by laying £10 at 10 and taking the profit or do I need to lay the whole initial £20 stake at 10 then green up to take the profit, then make a new £10 back bet of £10 at 10 as I would like to still have a back bet in the market after taking the profit from the initial bet?
Hope this makes sense.
Tony

[Derek27]

Many Thanks,
Is it possible to only green up half my initial bet by laying £10 at 10 and taking the profit or do I need to lay the whole initial £20 stake at 10 then green up to take the profit, then make a new £10 back bet of £10 at 10 as I would like to still have a back bet in the market after taking the profit from the initial bet?
Hope this makes sense.
Tony

What do you mean by taking the profit? Laying £10 at 10 still leaves you with a liability of £10.

Laying £10 at 10 and then placing a £10 back bet at £10 would be pointless because they cancel each other out and leave you in the same position.

If you still want a £10 back bet by greening up and placing £10 you can simply lay for £30 (£10 less than your £40 green up amount). This would be the same as greening up for £40 and then placing a £10 back bet.

[Clapham1234]

Thanks for taking the time to reply,
Apologies I'm probably not explaining myself very well and still trying to get my head around the greening up procedure, I was trying to look at this as two separate £10 bets and taking the profit from one and leaving the other running, I think I have it now.
Your help is much appreciated,
Tony

[Derek27]

Thanks for taking the time to reply,
Apologies I'm probably not explaining myself very well and still trying to get my head around the greening up procedure, I was trying to look at this as two separate £10 bets and taking the profit from one and leaving the other running, I think I have it now.
Your help is much appreciated,
Tony

If that's what you want to do you can place two £10 back bets, set the global settings to "Offset bet with greening" for one of the bets, switch it off for the other. That way one of your bets all automatically green at the offset you selected (20 ticks for 20>10) and the other will be a bet that runs.

[Clapham1234]

Thanks much appreciated.

[DH1205]

Right im having the same issue or confusion except with horse racing.

I would like to have 3 steps to this trade im trying out.

The first step is to place back bet on the 2nd fav in the market just before start time at certain odds.

In play, hopefully if the horse sets up prominent or travelling strongly the odds will shorten from the back price.

The last step is the place a LAY bet on the same selection IN PLAY at certain shorter odds.

I.e before race back bet at 4.5

In play lay bet at 2.5 or 3.5 what ever i choose.

Now then... Once my in play once those odds shorten, how do i take that bit of profit from the back bet, whilst still placing a back bet on the selection.


I understand my Lay bet will have to be more than the back bet.

Its that 1 step im confused how to set up.

So basically i am trying to cash out in play at certain shorter odds, but then still place a lay bet on the same selection i have just cashed out from.

If that makes AT ALL sense i would really appreciate any help.