Back and Lay 2 markets?
Posted: Sat May 18, 2019 3:24 pm
Is it possible to create a strategy as per below:
At the start of a football match place a back bet on the selection named "0 - 0" in a Correct Score market.
At the same time use 95% of the expected profit from this "0 - 0" bet to place a lay bet on "The Draw" in a Match Odds market of the same game. I.e. back £10 at 12 on "0 - 0", that makes £110 expected profit. Then lay on "The Draw" at 3.5: 110*0.95 / (3.5 - 1) = £41.8.
At the start of a football match place a back bet on the selection named "0 - 0" in a Correct Score market.
At the same time use 95% of the expected profit from this "0 - 0" bet to place a lay bet on "The Draw" in a Match Odds market of the same game. I.e. back £10 at 12 on "0 - 0", that makes £110 expected profit. Then lay on "The Draw" at 3.5: 110*0.95 / (3.5 - 1) = £41.8.