Betfair Each Way edge

So I just noticed this gizmo.

On betfair when you are placing an each way bet you can adjust the terms if you want.

For example I can bet on Top Tug in Catterick 14:20 today odds 3.25. Standard place terms are 1/5 odds, 3 places.

This is almost value as you’re getting odds 3.25/1.45 for the win/place(3) on the bookie and the lays are at 3.7/1.27 on the exchange.

BUT

If I toggle the Each Way Edge widget to only pay two places then this will increase the odds to 4.33! Giving 4.33/1.67 for the win/place(2), where the lays are 3.7/1.59 (2 to place). Which is better value.

Maybe its something someone wants to look into, but at least at first glance on this example looks like you can stretch the value you get e/w arbing by using the edge.

Anyone use this feature regularly?

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FoG_BLoG
61

January 12, 2017 at 11:58 am

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Marv 2 May 2, 2017 at 2:58 pm

out of 4 accounts, only one has ever done edge betting, the others have only ever done offers, 1 is still account on them

all have varied levels of restriction, however one that does not qualify for offers seems to have minimal restrictions on betting

for example i could get £500 each way on a 5/1, so on the each way edge that becomes £500 each way on a 8/1

need to wait for a big weekend of summer racing with loads of 16 plus handicaps before absolutely smashing and hoping hit a few lol

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jameslegg97 11 May 2, 2017 at 6:03 pm

I keep seeing people mention the ‘Edge Loophole’.. Is there a loophole? Or is this just akin to ‘extra place’ offers, but the extra place is coming from the fact Edge lowers the odds, rather than it being ‘free’.

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BKK Farang 3 May 2, 2017 at 7:09 pm

I’ve read all 12 pages and I think you set the edge to 2 places. I’ll have a play tomorrow with small stakes, lay the win part and punt the place part or maybe lay both parts, I’m not sure.

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lewi6079 4 May 2, 2017 at 9:52 pm

Set EW edge to 2 places from 4. Lay the win to cover both the win and place stakes. Profit if horse comes 2nd (or possibly, if odds favourable, 1st as well).

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BKK Farang 3 May 2, 2017 at 10:23 pm

Ok, I’ll try it out tomorrow. Small stakes as I’m not totally sure on each way match bets.

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mwilks 0 May 3, 2017 at 4:23 pm

So what sort of races/matches are we looking for here?

Is it a matter of trial and error or are their specific races to get the most out of this?

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Chris 24 May 4, 2017 at 4:46 pm

7.50 at Clonmel should be good for this tonight.

Marino Marvel im on, more to come.

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Marv 2 May 4, 2017 at 5:07 pm

never found any decent matches on the 5.00 at redcar

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Dan 0 May 4, 2017 at 6:03 pm

Chris, were there better odds earlier on this or are you still waiting to lay? I’ve only just had chance to look at this but cant see any good matches yet.

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matchedem
Blocked
10 May 4, 2017 at 6:24 pm

Test run done on Mario Marvel to come second…only done small stakes to win say £50 and not even that great value (probably getting 20/1 on you would say a 10/1 shot) but I need to ease myself in here I thinks

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Dan 0 May 4, 2017 at 6:40 pm

Matchedem, how have you put on £50 EW and layed it off?… the liability wasn’t there at the exchange.

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Dan 0 May 4, 2017 at 6:42 pm

*liquidity

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Chris 24 May 4, 2017 at 7:15 pm

It was Dan and it should come back.

I’m on Eight and Bob too

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Chris 24 May 4, 2017 at 7:17 pm

Eight and Bob is 23/24 now. You can lay the whole stake and be in profit if he wins and big profit if he comes second.

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FoG_BLoG 61 May 4, 2017 at 7:18 pm

Matchedem I wouldn’t ease yourself in. Go in big. Wait for the right moment. They will restrict you quick.

I regret how I played it. I went in small and meek hoping to stay under the radar but still ended up restricted to 2€ ew per horse.

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