Why Green up ?

[darrenmillin]

Hi Everyone,

My background is in match betting, and I now want to move onto sports trading. I've been watching Peter's videos for some time, but I'm not clear why there is a need to "green up". If I was trading on a horse race, and for argument sake I was trading the favourite, I would take a position in the market by placing a back bet, and then offset the trade with a lay bet. Am I right thinking that whatever happened to the horse I backed, I would lock in any profit ? If so, why would I need to green up ?

Thanks,

Darren

[Dallas]

You'd only have a profit if that runner won, greening up spreads that profit across all other runners so you profit no matter which one wins
viewtopic.php?f=47&t=11408

[darrenmillin]

Thanks Dallas