Accumulator Generator…

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    devans 0

    Sorry to trouble you again Jeremy so I’m looking for tight odds to lay and back. Unless the back is higher than the lay I can’t see how we can profit unless the acca is enhanced which usually means they kick off the same time.
    I thought we were just relying on someone slipping up to give us the free stake back.

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    JDUBU 8

    i would be happy to purchase and also donate to Matt if he was happy……

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    RyanB 15

    I know nothing about this but from what it sounds like you can adjust your lay stakes to profit even if you dont get the free bet bonus…thats why you profit each time, thats your edge.

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    RyanB 15
    Andy 3

    Devans – To guarantee a profit you need to lay until 2 losses, the second lay you are effectively laying the free bet knowing if after 1 loss the rest win you can make 80% of the free bet.

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    devans 0

    2 losses ? I thought as soon as you have one loss you stop laying to make sure you getting your money back as risk free.
    I’m lost, anyone wish to give me a 3 leg example with a 20 stake ?
    Most grateful ?

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    Andy 3

    I will give a 4 leg example as that is lowest legs for acca insurance offer.

    For £10 back stake.
    leg 1 back odds – 2 lay odds – 2.04 lay stake 9.3
    leg 2 back odds – 1.52 lay odds – 1.58
    leg 3 back odds – 1.6 lay odds – 1.63
    leg 4 back odds – 1.53 lay odds – 1.58

    If leg 1 loses you lose 0.89(9.11 – 10 back stake)
    For leg 2 lay 1.96 if leg 2 loses you gain 1.03 from acca
    If leg 2 wins lay leg 3 with stake 3.12. Again you gain 1.03 if leg 3 loses.
    If leg 3 wins lay leg 4 with stake 5.13. Profit of 1.03 if leg 4 loses.
    If leg 4 wins you are down 6.96 with the free bet to come which you can extract £8 from. So profit of 1.04.

    Amount you can profit differs if the first leg won but this is the general idea.
    Also these odds aren’t very good it is just an example.

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    JeremyUsbourne 0

    I have put this 4 leg that example Andy has provided into my tool which shows how to lay off sequentially for fixed profit, the tree visualization may be beneficial to some – starting from leg 1 and moving up the tree for a win or down for a loss. You can see that you must lay off until 2 legs have lost to ensure profit every time. This example assumes 85% free bet extraction and 2% exchange commission:

    https://i.imgur.com/Ii9iLJR.png
    (open in a new tab to see more clearly)

    In keeping with Matts wishes I am not going to discuss sharing this tool, simply showing how we profit if 4,3,2,1 or even 0 legs lose.

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    Starlord 1

    Looks great, Jeremy!

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    foreleft 2

    I was just looking at the tree trying to get my head round it I’m confused

    leg 1 looses at the bookie you get £9.69 back from the lay

    leg 2 looses at the bookie you get £2.08 back from the lay

    £10 stake lay return £11.77 =£1.77 ?

    Where does the in 21.28 out 22.81 come from in leg 1 & 2 loose come from?

    I may have got this completely wrong lol

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    deezer53 0

    Hi Andy. Can you explain where you get the lay stake of 9.3 in your above example? Also 9.3 @ 2.04 lay is 9.67 liability not 9.11 as stated in your post? Many thanks.

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    JeremyUsbourne 0

    @madgolfer Here the liability is considered a cost or input, then if the leg loses the lay stake (less commission), plus the liability being returned, is an output. If you factored in commission in your maths (0.98*11.77) you get £11.53 output for £10 input giving the same profit as in the tree.

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    Andy 3

    I did not state a liability, 9.11 is what you get if the leg loses, so the lay bet wins, lay stake minus commission is 9.11.

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    foreleft 2

    @Jez I think i get it

    In is the liability so far £10.07 + £1.21 + initial stake £10

    out is liability so far £11.28 + Lays minus comm £9.69 + £2.08 *0.98

    this may help me with my sheet Thanks

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    deezer53 0

    @Andy Thanks Andy got a bit confused there. Can you explain how you got the original lay stake to be 9.3? Cheers.

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