Help Please

• Morning all,

  Recently got into this lark with a determined attitude to get back some of the money I have lost as a mug punter over the years – all has been going well – nice and slowly and a couple of small mistakes that have cost pennies but good learning and currently a few hundred quid up which I’m well pleased with as I’d done most of the bookie signups as a mug and had no idea about matching…

  Anyway I’ve managed to get out of my depth this morning and wouldn’t mind a bit of help/guidance please if possible…

  Backed a horse for £10 MBS – 1830 at Goodwood with Paddies and thought I’d get in early and made an offer for a hopeful lay at Lads exchange – just gone back to the exchange and it is still unmatched, however there have been a couple of horses withdrawn. I’ve noticed though that the odds on my unmatched bet have dropped and am wondering what to do? Do I leave it and hope for a match at the lower price or do I go back to my original offer?

  The numbers now don’t match for a match as the lay won’t cover the back bet if it comes in – or is this why it has dropped to cover Rule 4 at the bookies… – confused.com here…

  I’d rather get out and just potentially lose the £10 (as it was their money anyway!) as opposed to messing it right up and losing more!!

  The original numbers were;

  Back Bet £10 @ 10.0

  My lay offer £12.13 @ 8.0 – underlayed so if I got it and won it would be £5 up and if it lost it would be £1.50ish up with a free £10 bet(if the fav won!)…liability £84.98

  The exchange odds on my unmatched bet have changed from 8.0 to 6.92 – liability £71.79

  ….and the lay odds have gone up massively so doubt it will get matched anyway….

  Many thanks for any advice,

  Lively.

  +0

  

  LivelyArts

  7

  June 8, 2018 at 9:08 am