2nd August 2007, 08:55 PM
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Member
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Join Date: Sep 2006
Posts: 1,070
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Quote:
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Originally Posted by Chrome Prince
But what about the other lay bets matched?
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Read that all again
Liability has been reduced by $25.00 hasn't it? Is that what you mean? 
Quote:
Now to green up my position I divide the profit ($100) by the lay odds ($4.00) and have a $25.00 lay bet on the horse in addition. Thus whichever horse wins, I win money.
A lot less, but no risk. - yes, AFTER greening up I win $25.00.
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Or you could have layed it for $125 @ $4 first up and saved yourself a step.
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Pixie "It's worth remembering that profit isn't profit until it's spent off the racecourse." -- Crash
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