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Laid the wrong horse : What to do next?

Hi,

I mistakenly put a bet on Batalion instead of Gabrial on the 14;40 at Chester tomorrow. Luckily I cancelled some of the bet, however, I got matched on £18 at lay odds of 9.8 , giving a liability of £158.47.

What is the best way for me to cancel this bet out? Luckily the back odds are going up, so I shouldnt lose out, but just wondered how to calculate my stake?

M

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Martin Goldsmith
2

May 4, 2016 at 11:14 pm

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Gman 4 May 4, 2016 at 11:42 pm

U should use oddschecker to find out which bookie has the best odds for the horse u didnt mean to lay. Then divide your liability by those odds to give u your back stake.
If the back odds are 9.0, then 158.47/9 would give a back stake of 17.60.
If horse wins, you win 158.47 on bookie and lose same on exchange, if horse doesnt win, you win your lay stake minus comission.

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