Is it Possible to Guarantee a Win Via Extra Place Betting

  • 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?

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    hydro 5

    Maybe not even guaranteeing a win, but maybe just bringing qualifying losses down closer to zero. Is that possible?

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    FoG_BLoG 59

    Yes 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.

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    hydro 5

    Can 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.

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    FoG_BLoG 59

    Just 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.

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    hydro 5

    Ah now I understand, thanks for the help 🙂

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    betman 41

    If 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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    feltt1p 6

    Hydro, just back the normal places on smarkets (4) or wherever and lay the extra place ew (5) on Betfair. I haven’t done it, or tested it, but this seems the solution? Stakes will need to be placed with and might get complicated.

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