Please help! Betfair odds 1000

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loadapaul
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Please help! Betfair odds 1000
« on: April 11, 2017, 05:57:47 PM »

Please help!!!

I saw a horse with odds of 1000 decimal so i thought 'why not?' put my money on it, it was backed. I now have a serious amount of money on that one horse. No lay bets are available - yet. How do I trade so I can maximise my profit from this horse??????

I should state the race is more than 24 hours away
« Last Edit: April 11, 2017, 06:08:35 PM by loadapaul » Logged
Arbusers
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Re: Please help! Betfair odds 1000
« Reply #1 on: April 11, 2017, 06:43:08 PM »

Please help!!!

I saw a horse with odds of 1000 decimal so i thought 'why not?' put my money on it, it was backed. I now have a serious amount of money on that one horse. No lay bets are available - yet. How do I trade so I can maximise my profit from this horse??????

I should state the race is more than 24 hours away

How much money is your bet for this horse?
What are the odds for the other horses?
Will betfair offer live betting to this event?
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loadapaul
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Re: Please help! Betfair odds 1000
« Reply #2 on: April 11, 2017, 06:51:19 PM »

Ive bet 15 so 15000 nearly if I win (yeah right...)

other horses are anywhere from 2.9 to 65 with very little on the lay side (only 2 horses have one lay price each) and only 100 matched on the whole race at present.

by live betting so you mean cashout? if so yes

thanks for replying :)
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Arbusers
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Re: Please help! Betfair odds 1000
« Reply #3 on: April 11, 2017, 06:52:57 PM »

Did you back or lay these 15?
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loadapaul
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Re: Please help! Betfair odds 1000
« Reply #4 on: April 11, 2017, 06:53:50 PM »

back
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Arbusers
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Re: Please help! Betfair odds 1000
« Reply #5 on: April 11, 2017, 06:58:22 PM »

back

Ok, this is little money then. I m sure it will not destroy your business even if you lose it. If I was in your shoes, I would wait for the game and lay it in play (if this chance is given) at a lower point, say 600-700.
Even if you lose that money, treat it as a personal lesson that you have to study.
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loadapaul
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Re: Please help! Betfair odds 1000
« Reply #6 on: April 11, 2017, 07:03:41 PM »

lol - yeah if i lose the 15 its a fairly expensive lesson for me (100 bank) but when i saw it I just thought there will be a way of making something good from it - even if I cash out when i get an option

still new to all this so still learning every day. still dont understand lots of things - for instance - looking at tomorrows racing I dont understand why there is loads of money on the back side at 1.04 on all horses. :/

Thanks again for replying though - its left me less confused :)
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loadapaul
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Re: Please help! Betfair odds 1000
« Reply #7 on: April 11, 2017, 07:14:30 PM »

does this mean that as soon as there is a lay amount available I can match that lay if i wanted to take it?
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my_username
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Re: Please help! Betfair odds 1000
« Reply #8 on: April 15, 2017, 04:36:21 AM »

does this mean that as soon as there is a lay amount available I can match that lay if i wanted to take it?

yes, you can even offer the lay odds and wait until the bets get matched.

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