Skybet money back 2nd Wednesday 3rd Feb 1.10 Ludlow

  • only 2nd place, 7 horses . got 1.83 and 1.86 on the Fav for a 99 p loss. Currently 1.87 on the exchange

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    beh 16

    Wondering where hills will offer tomorrow. Paddy are on Kempton.

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    Chris 24

    Borak is the horse for me on this one. Should be up there but probably doesnt have enough to win the race. If the odds are crap then I’ll toss a coin for the favourite and second favourite as theres nothing to seperate them.

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    beh 16

    Ah, non-runner. Now I’m sufficiently tempted.

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    FoG_BLoG 61

    Skybet is Ludlow 13.10.

    Paddy is Kempton and decent chance of 2nd to SP in the 18:40.

    B365 is Ludlow 15:20 and Kempton 18:10. Some possibilities in these ones. Crazy looks okay on the exchanges.

    Will Hill is Ludlow 14:25 and Kempton 17:05.

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    johnboy1980 1

    Paddy to the SP fav ? does that mean i have to pick any horse but not the favourite ? for example

    17:05 kempton fav is 7 Little Indian odds 4

    so i can pick anyone but him?

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    JeremyUsbourne 0

    If the favourite is 3/1 don’t bother with the PP offer on that race – you want a clear fav (<EVS) and a small field (5-8 runners) to make it worth while.

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    Chris 24

    Little Indian won us a free bet on the Sky offer a few weeks back, if he doesnt go off as favourite, definitely worth a shot.

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    Chris 24

    Liquidity is really poor for this race with 15 minutes to go.

    Backed Borak at 11, hope lay odds tighten in the next 10 minutes……

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    Blank 0

    This race is money back second, and as there are 6 runners the place betting also pays just 2 places.
    Therefore I’m thinking it must be possible to guarantee profit from this??

    Quick calculation says eg;
    £25 on the fav to win
    =+18.36 if 1st, say -£5 2nd and -£25 3rd+

    Lay to win for liability £10
    = -£10 if 1st, +£12.5 2nd, +£12.5 3rd+

    Lay to place for liability £4.7
    = -£4.7 if 1st, -£4.7 2nd, +17.5 3rd+

    Which I reckon makes overall +£3.66 if it wins, +£2.80 for 2nd and +£5 for third.
    I’m sure with a bit more time these could line up around the £3.5 profit for each possible result – not a great return but guaranteed no risk profit and probably not far off the EV we would get from taking a small loss and hoping we come 2nd??

    Have I missed something or does that seem right??

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    Pickle 64

    Yeah youve missed the race ;)

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    Blank 0

    Lol!
    I hadn’t actually, I fancied the favourite to win quite strongly here so backed him and didn’t lay, taking the second place money back as a cushion – all worked out OK this time!
    It was just a thought that occurred to me whilst I was watching, the best price match was on 3rd fave at about 10/1, I would have been taking about a £2 loss, to win £20 if it came second so still about 10/1 – I know it’s not likely second than win but still didn’t seem great to me, so was mulling over better options

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    feltt1p 7

    Cheers OP, nice to start the day of betting with a £25 FB

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    CashedUp
    Blocked
    49

    Annoyingly I only put £10 on the Skybet one, but the £10 free bet is certainly better than nothing :-)

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    FoG_BLoG 61

    Well I had the favourite didn’t lay, won €20.

    He went off at 4/5 – so say 49% chance win for €20 real profit, 21% second for €20 profit extracted from free bet, leaving 30% chance lose 25. (Probability estimates based on past result for similarly rated horses).

    My expected value there is €6.50.

    If you managed to lay him at 0 cost then 21% chance second for profit of €20 for free bet – 79% not second for break even.

    Matched betting expectation is €4.20 at best case.

    Sometimes maybe its better not to lay the horses?

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    Pickle 64

    Shit!!!. Ive just had a bloody nightmare. Hills popped up just before the first at Ludlow with a offer on the first 3 favs. Put a free £10 bet on i had with them. Laid the first 2 at a cost of £14 and the third has just been pulled out so bets void and me £14 down :(

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