Laying SP bets

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MarkCorrigan 12 January 21, 2016 at 3:41 pm

I do find it amusing that they restricted you from fixed-odds, yet you don’t know what SP is. Normally bookies will restrict you from placing fixed-odds bets if they believe you are a knowledgeable/profitable punter – SP odds (the odds at the off) should be reflective of true probabilities and, as such, bookies aren’t afraid of taking bets at this price.

In order to lay at starting prices, you would need to know what the SP odds are… You have to wait until the race begins to know this, so you can either lay momentarily before the off or do it in-play – the problem with backing at SP and trying to lay is normally you will be taking higher than normal losses. Either way, be careful.

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username 0 January 21, 2016 at 4:15 pm

Thanks mark, luckily my horse didn’t win, so I’ve already made £30 on the offer with another £20 in the account. Sounds a bit out of my depth to try to back and lay whilst the race is underway, I may just punt the remaining £20… avoid ending up with any exchange losses and a large amount in the bookie account that I’m not sure on how to get rid of

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