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(Potential returns on treble) / Lay odds – commission
So if you staked £50.00…
£50.00 x 7.50 = £375.00
£375.00 / (Lay odds – 0.02).
Looking at around £30.00+ but it’s more profitable long-term to underlay it for £120ish…
I’ve just blogged this with full workings so feel free to take a look > https://matchedbettingblog.com/horse-racing/william-hill-offer-richard-johnson-enhanced-treble
Great spot Tony! I don’t think I’ve seen a ‘sequential lay’ offer with as big a potential profit!
Guys, you’ve forgotten to add your stake of £25.00 to your first loss of £48.98. If Pass the Time doesn’t win, you’ll have lost £25.00. There’s nothing in this.
I looked at these offers too guys and like you say, the odds were awful!
Hi guys. I got in touch with Smarkets and here is their response…
“Our main priority for the last 12 months has been site stability. As we continue to grow it is a constant challenge to keep up with the number of users that are using the site. This weekend was a very poor showing on our front and whilst it is of no comfort to the users that were affected this weekend, the site had been stable for the past two months.
We are working hard to make the site as stable as possible. A lot of work in the past three months has been done on making the site scalable. This project should be coming to a close in the next few weeks and we should see the benefits from then on.”
It’s good to hear that they’ve spent a lot of time making the site scalable, as once that project is complete, it should enable them to grow and handle the increasing number of users much more efficiently. Fingers crossed guys!
I’ll flag our concerns up to Smarkets guys and I’ll let you know once I’ve had a response.
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ApolloBet have confirmed this morning that they have had to pull the 5/1 Manchester City offer. The other offers are still available though.
Good spot guys, I’ll get it blogged.
You’re correct Mark. I think I started 2015 on £2,200 or thereabouts.
Like you guys, I thought there must be some value in this boost… I was stunned to see Swansea’s lay odds of 2.70! Oxford are doing well in League Two but even so, you’d fancy Swansea…
I had an absolutely awful experience with Favourit and that’s why they don’t feature anywhere on my blog. My advice would be to avoid at all costs guys but it’s your call.
I use Smarkets all the time but I do most of my activity on a laptop rather than my iPhone so it’s not a major concern for me. I do, however, agree than an iOS app is a necessity for Smarkets moving forward and I’d be very surprised if they’re not in the process of developing such a thing. I’ll let you know if I hear of any developments…
Thanks Tony. I’ve been increasing the target as the year has gone on. It’s been a fantastic year for matched betting and long may it continue!