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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Woo1y 2 May 18, 2017 at 11:05 am

The 2.20 has turned into a right old mess with the NRs- my bets have been reduced to 1 place edge- look to be set to return large amounts on BF but no idea whether the odds in the cash-out screen reflect the rule4 reductions? If they don’t then I’m on for a massive arb based on my updated liability in smarkets.

Can someone advise at all/ done the same?

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matchedem
Blocked
10 May 18, 2017 at 4:45 pm

U would come out massively up I believe if u do this offer and the runners reduce it down to 1 place, that is if the horse wins. Ive not been so lucky myself tho so maybe someone else can advise

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Marv 2 May 18, 2017 at 10:16 pm

Fog, I think for the few weeks in April you could still get away with it, restrictions did not affect me at all, but then from May things definitely changed, I have been restricted much quicker on the other accounts that only started in May

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Gilbs 16 June 2, 2017 at 3:38 pm

If informed by Betfair that you are no longer entitled to Sportsbook promotions does that include using the EDGE?

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Tony 13 June 2, 2017 at 4:03 pm

No, you can still use e/w edge when gubbed

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Gilbs 16 June 2, 2017 at 4:11 pm

Thanks Tony, much appreciated. I was going to try using it with small stakes just in case.

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Mr Crispy 34 June 3, 2017 at 11:18 am

The 14:40 at Hexham could be good.. I’ve gone for a couple, fingers crossed for one more non-runner!

The 17.50 at Epsom also has a few decent matches, I went for Naggers, Blaine and B fifty two. 17 runners atm.

There are three 4 place races at Navan today too, all with a lot of runners!

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Mr Crispy 34 June 20, 2017 at 6:32 pm

If anyone still has an unrestricted Betfair account, the 5pm at Ascot tomorrow is a 5 place race.

When I looked just now you can only reduce the place to 3..!

Still some value there:-

GK Chesterton is 19.0, which enhances to 29.0 (3 places), which is an effective 18.5 on the win.

So a bet of £10 e/w and a lay of £19.49 at Smarkets at 19 would be a qualifying loss of 90p for a chance of £79.10 if second or third..

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bbobb 24 June 20, 2017 at 8:58 pm

Where are you seeing 5 places?

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Mr Crispy 34 June 20, 2017 at 10:11 pm

5pm tomorrow at Ascot on Betfair SB.

It was showing 5 places earlier and it’s showing as 5 places now.

(I have seen Betfair SB 5 place races go back to 4 for no reason and then back to 5 again later – that happened at the Grand National this year)

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bbobb 24 June 20, 2017 at 10:29 pm

Showing 5 places now… was 4 earlier.

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betman 41 June 20, 2017 at 10:37 pm

They cut big time. Yday evening I was allowed 4k win on ascot, which was highest for ages.
I took a shot at the edge (maybe didn’t help I called pricewise pick early last night), and had a decent chunk of other stuff to try and hide it. I lost a reasonable amount as sportsbook sees it, but down to a 1k win tonight
It’s like one go at Edge is the naughty step, then a bit of time (even normal and Eway arbs) and they let u back off it

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matchedem
Blocked
10 June 21, 2017 at 4:47 pm

So even tho when placing your bet it says 3 places…your bet history reads just 2nd place :/

Assume one of us will it 3rd place today so an update here on what happens might be useful for the rest of the week

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Mr Crispy 34 June 21, 2017 at 5:24 pm

I hit a second but as my stakes are so tiny I didn’t bother laying = an overall loss for me.

My bets are all showing as ew three places…

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Mr Crispy 34 June 24, 2017 at 10:16 am

Betfair are being very generous with their Edge option on the 16.20 and 17.35* at Ascot today..

Both races are 4 places and 1/5 odds… But the enhancement is better than usual..

There are a lot of qualifying profits for the chance of hitting a second.

Looking at the 16.20:-

Magical Memory at 9 enhances to 17 with 2 places, which is an effective 10.6 if it wins. Laying at 9.4.

Tasleet at 8.5 enhances to 16 with 2 places, an effective 10 on the win. Laying at 9.2.

I have backed 8 in the 16.20 so far (all were qualifying profits)…

*The 17.35 has been switching between 4 places and 3 places all morning. It might be a glitch with Betfair’s systems as I’ve noticed this before when the places are unusual. It’s showing 3 places at the moment.

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