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
59

January 12, 2017 at 11:58 am

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Special one 1 May 6, 2017 at 7:06 pm

On another note. I see my future is probably in shop accas. Special One, how many can you do in one shop visit without drawing attention. If I went in to paddy and did 3 or 4 over the weekend with different mixes of Celtic, PSG, Bayern, Barca etc would it raise alarms?

I haven’t ventured yet because one £50 acca is worth about a tenner and it’s not worth my time driving around for a tenner, but if I could do 4 or 5 in each visit?

Are Paddy accas £50 again… they cut them to £25 a few weeks back… would be nice if they were £50 again. Damn I just checked, they are £50 again… nice

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Special one 1 May 6, 2017 at 7:10 pm

20£ on the 15/13 arb is £2.64 profit.

10£ ew edge on 21/13 is £60 if second and 39p profit any other result. So say 8% chance of 2nd makes EV £5 plus…..

Special One you don’t know what you are talking about. The edge definitely added a lot of value to that bet.

Even if there wasn’t ppl are free to play the offers however they want, and as long as they are making money then why argue over what they are doing.

I am not having a go and I may have got it wrong and my maths has let me down but can you show me how 21/13 is risk free.

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matchedem
Blocked
10 May 6, 2017 at 7:10 pm

Fog I guess in some shops u can use machines too?

Apologies about the personal comment too Special One no need I just only like to deal in FACTS so goat gets up easy.com sometimes.

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Special one 1 May 6, 2017 at 7:14 pm

Machines are gash for odds, although you can still make a profit from them. Miles bigger profits from coupons. The only benifit of machines is that you can still do em if you are shubbed.

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matchedem
Blocked
10 May 6, 2017 at 7:42 pm

Yeh true…one thing I have noticed on ladbrokes tho is even if i price is on a coupon when they process it they often change them without saying anything. Whats your approach then as if u cancel a bet because one leg of an acca has gone from 8/15 to 1/2 then it must be obvious this isnt a flutter acca?

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Special one 1 May 6, 2017 at 8:19 pm

If an acca is 25% and one leg goes from 8/15 to 1/2 the value of the acca will not change greatly, probably knocks it down to 22%

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Marv 2 May 6, 2017 at 8:43 pm

special one, when you say lay em max, which lay method do you do

lay all? i.e lay each leg £25 whatever

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Marv 2 May 6, 2017 at 8:49 pm

whats max odds you are willing to put in the accas?

how bothered are you about the different price between bookies and smarkets/betfair, do you only go for super tight matches, say team was 1.4, would you only include if lay was 1.42 or even go higher to 1.45

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Marv 2 May 6, 2017 at 8:50 pm

i feel this is proper top information from somebody that clearly is showing us what potential there is if we were maxing it out, we should be privileged

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betman 41 May 6, 2017 at 9:10 pm

Put it in a new post then, or the acca post where it can go alongside the good information already there

Anyway no edge races from the evening races. Found couple bad each way races but minimal returns as my more profitable options didn’t place

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Special one 1 May 6, 2017 at 9:19 pm

I lay each leg as I go so it needs to be sequential… there is more profit in non sequential but i am not prepared to take the variance.
An acca may have odds like this:-

1.61/1.62
1.44/1.5
1.85/1.82
1.25/1.28
1.14/1.17

That about 20%

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bobster 1 May 6, 2017 at 9:46 pm

Personally I don’t visit shops – but from what I’ve heard the odds are pretty terrible – seems like you’re doing well to get those kind of tight matches!

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Special one 1 May 6, 2017 at 10:21 pm

You hear wrong…. Lots of matches are a lot tighter than you think. Not arbs themselves, but when put in an acca are value.

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Mr Crispy 34 May 7, 2017 at 7:51 pm

Interesting….

Ayr at 3pm tomorrow had 17 runners and was paying 4 places.

I had a look at the exchange and it was showing 15 runners with two (recent) withdrawals.. I went back to sportsbook and it was still showing 17 runners, so I had a couple of little e/w bets reducing the places to 2..

Sportsbook has now updated and my bets are shown as single only at the enhanced price with a 10p rule 4 deduction..

I don’t know if this is one off but there was a good ten minutes between the two horses being shown as non-runners on the exchange and sportsbook updating.

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matchedem
Blocked
10 May 7, 2017 at 11:28 pm

Well that didnt last long….massive restictions on me account now :/

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