Smarkets Trade Out – Novice Help

• Hi, was using Smarkets to lay horse and messed up the lay calculation not by much but thought I would correct it.

  So Backed Horse @ 6.5 for £10
  Initial Lay @ 6.6 for £10

  So in true match betting if the horse won I would lose £1 or if it lost £0 I would prefer it was an even split as I should have done the calc for 6.5/6.6 with 0% commision so a -0.16 or -.15

  I decide to use trade out and bought £10.34 @ 6.4 so a few pence up.
  I repurchased 9.85 @ 6.6 as originally intended

  I am correct in thinking this will all tie up nicely in the same way it would have if I had done it correctly at the time?
  Horse still with bookies £10 6.5
  Smarkets
  Sell 19.85 liability £111 @ 6.6
  Buy 10.31 @ 6.4

  Think this sounds like a trading type thing?

  +0

  

  bettingbitz

  34

  March 10, 2021 at 5:09 pm