League 1 double

For the inexperienced, could you spell out the sequential lays please. Thanks

Fred is my favourite atm after England boost and I’d like to give him a bit back!

Betfred £30 stake example

On Smarkets: Lay Bolton £30.61 (£30/0.98 to account for commission) Currently 2.64

Then if Bolton Win lay the following calculation on Sheffield:

Bolton Liability (@2.64 is £50.20) plus your £30 stake = £80.20 add commission /0.98 = £81.84

So on current lay amounts, you’d lay £81.84 on Sheffield and get £9.23 profit if they win and break even if they don’t.

Totesport are doing it too so you can double your stake.

Sequential lay would look this this based on £100 and at odds of 5 on the double could be wrong mind

Bet 1 Bolton – I used 2.7 as back odds and underlaid at 2.62 @ £102.04 with a liability of £165.29. So if Bolton don’t win I lose nothing and if they do win I lose £165.29 in liability

Bet2 Sheffield – 2 ways of doing this one

Underlay for no risk using £165.29 as your bet liability of £124.89 and the balance of the odds used in your bet i.e (5-2.7=2.3) so 2.3 as my back odds & 1.74 as my lay which equals £168.66 so if Sheffield win you will win £109.90 if you lose you lose £0.00
(this is calculated as total win from bookies £400 – £165.29 – £124.81=(£109.90)

Standard Matched betting using the balance of your odds again 2.3 and a lay of £221.03 with a liability of £163.56 so 2.3 back & 1.74 lay this will result in £71.15 if you win & £51.32 if you lose.
If you win this will be (£400 – £165.29 – £163.56) = £71.15
if you lose this will be (£221.03 -2% Comm – £165.29) = £51.32

If anyone can see anything wrong with my maths above let me know.

Thanks guys, all done £80 on – emptied account.

btw I read it’s not a good idea to have both Tote and Fred as same company. Is it worth joining Tote (for new customer offer at least)?.