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Laying question

Discussion in 'Databases' started by FLukie, Jun 2, 2017.

  1. FLukie

    FLukie Foal

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    Hi All

    Thanks in advance for any help.

    Tried the search facility but could not find answer to a quick question,
    so hoping somebody on forum ca help.

    Apologies if I use wrong technical terms!!

    It's regarding Laying odds on

    If I give a example

    Example prices are
    Horse A = 2.96
    Horse B = 1.55

    Currently if I want to lay either horse say at stake €10
    Liability is
    Horse A = €19.60
    Horse B = €5.50

    But I think I read somewhere when laying odds on
    I should have liability at €10.

    Be grateful if someone could explain logic behind that
    I know profits are increased if horse does not win,but losses are also lessened
    if they do.

    Again thanks for any help
    Flukie
     
  2. OnTheNod

    OnTheNod Colt

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    I personally dont lay odds on but have never worked through any ideas on it either, but it could work if any ideas seem to occur over and over in certain circumstances.

    I think the idea of a fixed £10 liability as i can see it is to graduate the winnings higher for the shorter the prices, and lose no more than £10 if a horse goes on to win whatever the odds on price taken.
     
  3. FLukie

    FLukie Foal

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    Thanks OnTheNod

    Yep was wondering was there a mathematical reason behind it.
     
    OnTheNod likes this.
  4. OnTheNod

    OnTheNod Colt

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    Thats ok @FLukie i know i read a system on taking odds on in running on very stiff finishes, mainly if a horse has just got a penelty and not won that well, or failed at that weight before and is favourite today, or a front runner and usually goes close and falls away near the finish.
     
    Last edited: Jun 2, 2017
  5. ArkRoyal

    ArkRoyal Administrator

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    There is no logic behind it.
    The equivalent for a backing system would be that you change your stake for each selection to win say £10 per bet.
    If you was backing a 10/1 shot your stake would be £1 if you were backing an 1/2 shot then your stake would be £20.
     
  6. soccertipster

    soccertipster Newbie

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    All the best for horse race betting. Do you have any information regarding coming soccer events and upcoming soccer matches betting tips?
     
  7. OnTheNod

    OnTheNod Colt

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    @soccertipster i do not follow football alot but many on here do i am sure they can help you out.
     
  8. Ferdy

    Ferdy Colt

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    A few years ago I tried laying the draw on football matches and as soon as a goal was scored you could cash out.
    I found 0-0 draw after 0-0 draw!
     
    OnTheNod and dave58 like this.
  9. OnTheNod

    OnTheNod Colt

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    Thats what they call sods law @Ferdy it is funny how bad events group up like that as though planned at times to keep us down, on my c/d sprint system there have been 5 bets so far 2 i let go and both won 16/1 and 6/1 and the 3 i backed one beaten a sh, and the others 2 ran poorly. If only events sequenced out more, but that will never happen i suppose i dont think is a personal thing though although some may think so.
     
    ArkRoyal likes this.

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