Lay high back low

[Fugazi]

Hi all I'm a newbie so this may have come up before.

Just looking at a strategy of laying a horse at 10 for £10 with £90 liability

Then if it comes steaming in backing it at 1.5 for £180 therefore making sure I don't lose money.

Any opinions on this? Has anyone tried it. Shouldn't be hard getting matched at 1.5 for £180.

Obviously worse case scenario if it reaches 1.5 or lower then loses...

You should only ever be offering prices to be laying below 2.0 and offering prices to be backing above 3.0.

Think about it!!!!

The market becomes less efficient? Or something psychological relating to 2.0 and 3.0

[LinusP]

Hi all I'm a newbie so this may have come up before.

Just looking at a strategy of laying a horse at 10 for £10 with £90 liability

Then if it comes steaming in backing it at 1.5 for £180 therefore making sure I don't lose money.

Any opinions on this? Has anyone tried it. Shouldn't be hard getting matched at 1.5 for £180.

Obviously worse case scenario if it reaches 1.5 or lower then loses...

You should only ever be offering prices to be laying below 2.0 and offering prices to be backing above 3.0.

Think about it!!!!

Please tell us more

[Archery1969]

Hi all I'm a newbie so this may have come up before.

Just looking at a strategy of laying a horse at 10 for £10 with £90 liability

Then if it comes steaming in backing it at 1.5 for £180 therefore making sure I don't lose money.

Any opinions on this? Has anyone tried it. Shouldn't be hard getting matched at 1.5 for £180.

Obviously worse case scenario if it reaches 1.5 or lower then loses...

You should only ever be offering prices to be laying below 2.0 and offering prices to be backing above 3.0.

Think about it!!!!

Please tell us more

LinusP - No need too, your far more intelligent then myself.

But didn’t someone once post on BA explaining the ideal price points when offering prices into a market as opposed to taking said prices available?

Apart from that then doesn’t it make sense to be offering below 2.0 and always offering above 3.0 in decimal odds ?

[LinusP]

I’ll be honest I thought you where joking along with the OP.

But to answer your question, no, we are all looking for value and that could be at any price, why are you setting limits based on decimal odds?

[The Silk Run]

I’ll be honest I thought you where joking along with the OP.

But to answer your question, no, we are all looking for value and that could be at any price, why are you setting limits based on decimal odds?

That's an interesting discussing thread and Semantic from Archie & LinusP. Who I too hold in high regard. We are always learning, even me ...

Personally, I have avoided the crowd, and these two pressure points [crossovers] of 2.0 & 3.0 respectively having observed the high level of activity and footfall on point, and offset in these two areas !!!

Hey LinusP. Whatever happened to UN: JollyGreen. Similar to yourself, truly inspiring .

Keep up the GOOD work. And keep Archie & I, and others ON POINT, and in Check.

Happy Easter

[Fugazi]

I feel like it only matters if youre trading close to the boundaries? I dont see how backing at 1.6 would be a problem if its value for example.

For odds of 2.00, each upward step increases by 2% while each downward step decreases by 1%, offering a 2:1 advantage. With 3.00 odds, the increase is 5% and the decrease is 2%, a 2.5:1 advantage. At 4.00 odds, the increase is 10% and the decrease is 5%. For odds of 6.00, both increase and decrease are 20%, eliminating any advantage.

[Archery1969]

I feel like it only matters if youre trading close to the boundaries? I dont see how backing at 1.6 would be a problem if its value for example.

For odds of 2.00, each upward step increases by 2% while each downward step decreases by 1%, offering a 2:1 advantage. With 3.00 odds, the increase is 5% and the decrease is 2%, a 2.5:1 advantage. At 4.00 odds, the increase is 10% and the decrease is 5%. For odds of 6.00, both increase and decrease are 20%, eliminating any advantage.

Didn't mean to suggest I was backing at 3.0, often I will lay below 2.0 and back above 3, 4, 6 or 10.