e/w arb – newbie question

  • Hi everyone,

    Today I spotted an e/w arb I think on the 2:35 Wincanton, horse was called Lady Ash…

    Any way, WH win 15 / Smarkets lay 17 and WH place 4.5 (I think?) but Smarkets lay was only 2.2. Would this have made £40-50 for every £100 staked? And, would this be only if it placed?? Sorry for all the questions, just getting my head round it all.

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    A10 1

    The 2:35 had a non runner so places would have dropped to 2 at 1/4 at the bookies but stayed at 3 on the exchange. This is probably why the odds were so low.
    This means if your horse finished in 3rd place you would have lost both bets.

    +0
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