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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?

    +0
    FoG_BLoG
    61
    January 12, 2017 at 11:58 am

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    Chris 24 May 6, 2017 at 11:55 am

    Get Kimberella covered at Paddy for the extra place too. 13/13

    +0
    matchedem
    Blocked
    10 May 6, 2017 at 12:07 pm

    No value at all though Chris…the odds are 1/5 so the place terms currently on offer r way off

    +0
    Chris 24 May 6, 2017 at 12:20 pm

    Place lay odds will come in, you know that by now.

    Goldream is already arbing at 4.2/4 so not sure what you’re on about.

    All this talk of value spoils the fun sometimes.

    +0
    Special one 1 May 6, 2017 at 12:51 pm

    Unless you are just hoping odds will come in (gambling), then I am with matchedem on this one as I can’t see any of the above mentioned are at all +ev.

    +0
    matchedem
    Blocked
    10 May 6, 2017 at 12:55 pm

    Well may not matter as smarkets seems buggerad again

    +0
    Chris 24 May 6, 2017 at 1:03 pm

    No worries guys, my methods have brought me good profits so far and I’m not telling anyone to follow them.

    Let you know my profit around 2.25pm.

    +0
    matchedem
    Blocked
    10 May 6, 2017 at 2:04 pm

    Had Eacharn for 300 big ones if 2nd…just touched off into third :(

    +0
    Special one 1 May 6, 2017 at 2:05 pm

    Not having a go, but if you are happy taking -ev stuff then that’s fine, but obviously you will be worse off in the long run. If its fun you want rather than value then crack on.

    +0
    Chris 24 May 6, 2017 at 2:25 pm

    Boom Washington DC second

    +0
    Chris 24 May 6, 2017 at 2:27 pm

    Special one, I turn a profit every week, theres no way I am worse off in the long run. Its ok to take some small losses now and again.

    +0
    Special one 1 May 6, 2017 at 2:30 pm

    It is only ok to take loses if it is +ev and you are not just hoping for prices to move in your favour or hoping for a n/r.

    Out of interest what other ones do you have today.

    +0
    matchedem
    Blocked
    10 May 6, 2017 at 2:32 pm

    Special one if u are hoping for non runners then they do come, so actually over a long period if it works for u then this is an ok tactic.

    I had 100 quid on the winner in the first matched off than 50p profit, RF gave me another 60 quid profit with no rule 4

    +0
    matchedem
    Blocked
    10 May 6, 2017 at 2:33 pm

    (special one outed as not so special FACT!)

    +0
    Chris 24 May 6, 2017 at 2:34 pm

    Nothing else mate as I am heading out soon. May be back in time for some of the evening races but to be honest there isnt much going on for a Saturday.

    +0
    Special one 1 May 6, 2017 at 2:36 pm

    Matchedem what price did you back and lay your £100 winner in the first ?

    +0
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