Is it Possible to Guarantee a Win Via Extra Place Betting
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There have been several races recently where my qualifying loss was approximately £20 with the chance of winning approximately £1000 if a particular horse came 4th or 5th.
Is there a way to ensure that a guaranteed win can take place, maybe by spreading the profits around over all possible outcomes?
+0March 18, 2017 at 10:22 pm
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Maybe not even guaranteeing a win, but maybe just bringing qualifying losses down closer to zero. Is that possible?
+0Yes you can look at the 4 to place or 5 to place markets on betfair and if you can lay it off for profit. I don’t think there is as much liquidity, or the price isn’t as competitive so maybe losing some value but yeah should be possible.
+0Can you explain how this could be done? Surely by laying for 4th or 5th place then that means that I will increase the losses for any normal place results e.g. the horse winning the race means I will get the usual QL and then on top of that I’ll need to pay the liability from the lay on 4th or 5th place.
+0Just saying instead of laying on the normal tonplace market just lay on the 5 to place market on betfair or whichever market matches the number of places bookie is paying out.
+0Ah now I understand, thanks for the help 🙂
+0If enough bookies do the offer u can do all the horses in the race without laying. But takes a lot of bets and tracking
I personally struggle to see the value in these a lot of the time. I’ve never spent that long studying the odds, but implied odds of 50-1 u say don’t seem v easy to spot
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