Exact Hedge On Goals Market
Posted: Sun Sep 20, 2020 10:39 pm
Hi there.
Im placing a bet on O2.5 goals when the game is 0-0 at a specific minute.
Once a goal goes in, is there a way to hedge in a way so that it removes the liability from the market and leaves all of the potential profit on one runner, so, rather than a standard hedge where it spreads the profit evenly across all options, it will put the profit on one runner and leave the other with a £0 profit... Essentially a free bet.
So, for example, let's say we back O2.5 for £5 at a price of 3. Once a goal goes in, said price for O2.5 drops to 1.5. Now normally, the hedge would cash out and spread that over the 2 options... But is there a way so the Bot will LAY the O2.5 market so that there is £0 liability on the U2.5 market and ALL of the profit is sat on the O2.5 market?
Problem is, we can't use a specific price to LAY at as the price is always different every time. Is this possible?
Thank you for your time
Im placing a bet on O2.5 goals when the game is 0-0 at a specific minute.
Once a goal goes in, is there a way to hedge in a way so that it removes the liability from the market and leaves all of the potential profit on one runner, so, rather than a standard hedge where it spreads the profit evenly across all options, it will put the profit on one runner and leave the other with a £0 profit... Essentially a free bet.
So, for example, let's say we back O2.5 for £5 at a price of 3. Once a goal goes in, said price for O2.5 drops to 1.5. Now normally, the hedge would cash out and spread that over the 2 options... But is there a way so the Bot will LAY the O2.5 market so that there is £0 liability on the U2.5 market and ALL of the profit is sat on the O2.5 market?
Problem is, we can't use a specific price to LAY at as the price is always different every time. Is this possible?
Thank you for your time