6th January 2008, 04:17 PM
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Member
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Join Date: Jan 1970
Posts: 4,365
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Here's a real example:
Favourites lose 13.65% at TAB prices,so IF you could lay at TAB prices you would win 13.65% less commission.
You would hypothetically make 8.65% return over time.
What happens when you lay just 10% over those odds at Betfair, you now have a base of 3.65% profit, less commission - you now lose 1.65% laying them. A lot of favourites trade at well over 10% better odds, especially the easy favourites in the market.
Now scroll down to outsiders, the odds are way over 20%,waaay over.
It doesn't add up to profit, you will make money for a while, but the end result is big loss.
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