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
60

January 12, 2017 at 11:58 am

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unowhatimeanharry
Blocked
3 May 13, 2017 at 10:14 am

Haha love combined liabilities me placed a 25EW on song light at 17.5 and my balance at smarkets only grew

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Dan 0 May 13, 2017 at 10:51 am

Zulu Oscar 21.62/21

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hfc 0 May 13, 2017 at 3:22 pm

Good afternoon. Could someone explain the calculation for this please on a -2 edge race at 1/4 of the odds.

Cheers.

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unowhatimeanharry
Blocked
3 May 13, 2017 at 3:25 pm

Absolutely crap, knew my 3/3 winners would sulk my whole luck up for weeks to come.

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unowhatimeanharry
Blocked
3 May 13, 2017 at 4:06 pm

GEORGE WILLIAM !!!!!!!!!!!!!!!!!!!!!!!

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matchedem
Blocked
10 May 14, 2017 at 9:35 am

Thought I had spotted 3 irish races for this today, but all 3 don’t have EDGE feature at the moment…assume they wont at all :/

Is it generally only on UK racing or on Irish too? Anyhting else anyone has seen today?

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Dan 0 May 14, 2017 at 9:35 am

3 qualifying races today but so far no Edge available yet? Is this the same for everyone or is it my account?

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Dan 0 May 14, 2017 at 9:38 am

Synchronised thinking there Matchedem… It is on Irish as well normally so not sure why it isn’t available yet.

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matchedem
Blocked
10 May 14, 2017 at 9:41 am

Gym session and look again later methinks

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jimmyjames 0 May 14, 2017 at 12:06 pm

What I find odd about this is that on a 5-horse race you seem to be able to able to extend the edge to 4 places, which to me seems to create silly value.

Anyone used this feature?

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Gilbs 16 May 14, 2017 at 6:56 pm

The EDGE is back again at Wetherby tomorrow.

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Marv 2 May 15, 2017 at 3:58 pm

the edge really is “like no other”

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Dan 0 May 15, 2017 at 7:54 pm

I like what you did there Marv… Betfair didn’t like me hitting 1st and 2nd place though. Now restricted to £0.00 per bet!!

Oh well it was good while it lasted.

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Marv 2 May 15, 2017 at 9:00 pm

I am not sure if there is something into only doing it on the big races like the Saturday handicaps, where it doesn’t stand out as much

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bbobb 24 May 16, 2017 at 10:27 am

Has anyone tried this yet and not been restriced?

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