Advice rquired please

[mrmenstig]

I asked yesterday if i understood the basics of back to lay ie pick a horse 10:1 bet 2.5 lay at 9.8 or less (purely an example) so today i have been trying it with mixed success
today wolverhampton
Choice of destiny backed £2.5 at 5/3 (if wins £13.20)
Laid £2 at £4 (liability 2*4=8)

now i thought this would be an overall gain 13.2-8=5.20
but betfair is showing it as a 2.5 loss and a 2 gain

what am i working out/doing wrong do i only profit if the horse actually wins and should i equal the bet sizes or keep the .50 extra on the win side?

[mugsgame]

Are you using the ladder or profit trades calculator?
I think if you read the user guide or watch some of the videos that are out there it may help you. It sounds like you are not using any hedge buttons and purely taking a close position.
Start here it may give you the basics.
http://www.betangel.com/user-guide/win_ ... =&sct=MA==

[mrmenstig]

i tried to use the ladder today but didnt really get along with it too well i find it easier to use one click no confirmation settings.
Looking at the post in the blog i can find with a back/ lay bet in it is the opposite way around to mine £[email protected] with a lay bet of £10 @2.06 so maybe i am looking at this the wrong way around

[mrmenstig]

watched the videos on the ladder and am now going to play around with it in practice mode on US racing

[mugsgame]

You'll find most traders use the ladder. That's because it's the fastest, easiest and most controllable way of trading. You can see your position and potential positions. If you really want to you can configure this to offset your bet if you use the Global settings.