Taking SP on a lay bet

[decomez6]

Or using SP. as a BF crash safety feature while asking for lay @ 1.01?
Even then I don’t see the use of SP , you only need to keep all unmatched bets . Laying using SP will result to asking at higher odds and higher liability.
—- unless I am missing something

Keeping all unmatched bets does not guarantee you will be matched in running (and not all events go in running).

If you take SP for a lay bet your liability stays the same. You may get higher odds in which case if the selection wins you lose the same as your original bet would have. However if the selection loses at higher odds the implied stake for that liability is lower and therefore you win less £ than the original bet would have.

Matched lay bet £2 @ 3.0 ....if selection wins -£4.00 loses +£2.00
Same but TakeSP @ 4.0.......if selection wins -£4.00 loses +£1.33

Unless an event is cancelled, it will at one point go IN running ( but not necessarily tradable).
As for laying on higher odds ( above 1.01), I meant to say he will be getting diminished returns .so why aim for an SP.
Still not clear if James wants to take SP for a guaranteed match
OR as a safety feature
OR to ‘ remove spread’(doubt it works)

in all those cases I don’t see why he must place his bet @ 1.01…. Not. unless he is persuing a match at 1.01 , in which case an SP is not necessary.