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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Chris 24 May 5, 2017 at 6:57 pm

Emma Baeg in the 19.10

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MbPunter 24 May 5, 2017 at 7:03 pm

On Emma Baeg, Gold smoke and Jump for dough.

Can only get small stakes on so let em run..

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Studworm 0 May 5, 2017 at 7:12 pm

Do you lads lay the “3 places” market on the exchange or do you just let it run?

Still getting my head around this, apologies!

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lewi6079 4 May 5, 2017 at 7:13 pm

Emma Baeg and Gold Smoke here – some QL’s though – odds kept jumping all over the place.

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lewi6079 4 May 5, 2017 at 7:16 pm

Don’t lay 3 places!
If your horse comes third you’ll lose both the bet and the lay.

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Chris 24 May 5, 2017 at 7:16 pm

Giggs and Pedro in the 19.45

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FoG_BLoG 61 May 5, 2017 at 7:21 pm

One person mis spells Emma beag and the rest copy!

Well done MB I think you got the winner.

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Chris 24 May 5, 2017 at 7:25 pm

Nice one MB, decent price too

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jameslegg97 11 May 5, 2017 at 7:29 pm

I saw Leader’s Choice as the price dropped.. Was about to get on it. Shame, but hopefully others got on!

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bainsey1985 0 May 5, 2017 at 7:32 pm

God knows how you guys are getting matches here they seem worlds apart to me

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Chris 24 May 5, 2017 at 7:37 pm

Patience on the Irish racing bainsey, loads of action happens 5-10 mins before the off.

Got a nice arb on Pedro, may have to try and lay Giggs in-play. Only £30ew on these two.

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Chris 24 May 5, 2017 at 7:41 pm

Managed to jump on Kallinite too when it was 11/11. Good arb there.

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Chris 24 May 5, 2017 at 7:42 pm

Giggs is fucked. Better hope he starts well so I can lay in play.

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lewi6079 4 May 5, 2017 at 7:46 pm

On Pedro 17/10.5. That’s all though.

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Chris 24 May 5, 2017 at 7:46 pm

Pedro absolutely smashed in, should have waited…..

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