9th August 2007, 01:41 PM
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Member
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Join Date: Jan 1970
Posts: 4,367
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A typical example of scanning the low liquidity markets, R3 Bendigo Sky Devil is $1.70 with the bookies and $2.04 on betfair, that's 20% better, so I've backed it, it went to $1.90 with the bookies, but I'm still ahead of them.
It went up as high as $2.00 with the bookies, but came back to $1.80, so I know the reaction will come on Betfair.
On the deathknock I get matched @ $1.95 to lay it.
Profit guaranteed.
That's 9 ticks profit, just using logic rather than ladders.
Of course the favourite ran nowhere, and that's why greening up is a must.
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