I am new to the bet angle software.
Next to the top of the ladder it has graph and green number $0.00 but it was in green of $24 with a bet backed and lay
But for some reason I only got won the $2.00 place back I though since the lay and back were matched I get the green number at the top which was $24.00
But as you can see in image I only one $2 back
I don't under stand it.
Bet Question
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- Posts: 49
- Joined: Wed Sep 12, 2018 9:44 pm
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You didn't green up!
If you back a horse for $2 at 60 and then lay it for $2 at 48, you stand to win $24 if the horse wins. It's known as a free bet.
If you greened up, the software would have laid it for $0.50 at 48 ($24 / 48), thereby sacrificing your free bet but giving you a guaranteed profit of $0.50 (25%).
If you back a horse for $2 at 60 and then lay it for $2 at 48, you stand to win $24 if the horse wins. It's known as a free bet.
If you greened up, the software would have laid it for $0.50 at 48 ($24 / 48), thereby sacrificing your free bet but giving you a guaranteed profit of $0.50 (25%).
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- Posts: 49
- Joined: Wed Sep 12, 2018 9:44 pm
Thank you for explain it now I under stand your very help full.
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- Posts: 49
- Joined: Wed Sep 12, 2018 9:44 pm
Thanks again. I did a different method I used a calculator how much I should lay and was able to come away with $1 extra a good start even though on small ammounts.Derek27 wrote: ↑Fri Sep 14, 2018 4:02 amYou didn't green up!
If you back a horse for $2 at 60 and then lay it for $2 at 48, you stand to win $24 if the horse wins. It's known as a free bet.
If you greened up, the software would have laid it for $0.50 at 48 ($24 / 48), thereby sacrificing your free bet but giving you a guaranteed profit of $0.50 (25%).
I have not learned how to add how much I should lay i need a calculator.
Your trading software should do the calculations automatically. Most traders simply click on the green-up column of the ladder - nobody's really got the time to use a calculator as trading is a fast moving game.
Have a look at some of the videos on this site if you are unsure.
Have a look at some of the videos on this site if you are unsure.