Taking advantage of falling odds?
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Is there any way to take advantage of lay odds that continue to drop after you’ve placed a matched bet?
Today, I had a £3 free bet to use and I found a decent match on a horse race with back odds of 11 and lay odds on Smarkets of 13. My lay stake (and profit, given 0% commission) was £2.31.
By the time of the race the lay odds had fallen to 8.4 – so had I placed the back bet and waited, my profit would have been £3.57. What I can’t work out is whether there was anything I could have done to improve my outcome at race off, having already placed the original lay bet.
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