Not certain about the points made but ,if anyone else is searching for sports cash systems try Corbandy Sport Machine Crusher (should be on google have a look ) ? Ive heard some incredible things about it and my brother in law got great results with it.
Very well explained. The only thing I am wondering is what happens if the extra place winner is a horse with fairly low odds how is that going to cover the massive ql you will have from covering every horse in the race. Does this sometimes happen ?
Ive been researching and I found out that Exchanges dont support Canada. Can I use Pinnical to lay the bet and use other bookmakers for the back.? So use bookmakers against other bookmakers?
Hi thank you for the explanation! Can I just ask you how you can lay every horse without having to pay liability for each? You would have to make a lay bet for each horse in order to cover the whole field, right.
HI great video, would you advise using stakes of around £5-£10 and doing a few races a day, or would you up the stakes and like to £30 and only do a couple races a day? Also what do yo do when there isn't enough bookmakers to cover the race? Thanks
So would you just have to make sure that all of your QL's added together are lower than the lowest profit you can get if one of your horses hits the place? :)
I remember when VC went 1/4 odds 8 places in the national a few years ago. They stopped me betting after I had backed my 18th horse in the race. Cleared over £1500 on the race . I laid in the win and 6 place market.
Hi so its not like anormaloffer only ur first bet counts. So if i do 3 horses ew at paddypower ill get free bet ? I dont have too place 1 horse pp 1horse wh 1horse ladbrookes ?
Hi Luke, I have asked this question before on other sites but so far not had an intelligent answer. Why do we lay the win and place separately? Why not lay EW market on betfair? And how do you calculate your stake if laying EW?
I can't remember the answer to this and I can't figure it out either. Brain bad (out of practice as don't do it myself anymore). Already replied once and realised I was wrong.
@@BeatingBetting ok no worries. I just tried to see if I could lay on this market but couldn't get a good match and poor liquidity. Only £3k got matched compared to £574K on the win market, and £32K on TBP market. Maybe that's the reason? Might try again on a Saturday when more money flowing into xchange....
if i were to use 2x free bets from bet 365 £100 deposit offer at £10 e/w total £40 (on 2 different horses both odds of 6 e/w for example ) both bets snr on calculator to do this then i wouldnt get a qualifying loss would i so as usual after backing both horses e/w on bet365 £10 e/w id lay the win part off then use the calc to do same for the place without any qualifying loss but instant profit from both the win and the place side of the bets would i be right in this
If you're on to this after routine matched betting/free bets/welcome offers, there's a very good chance most of your accounts are stake and liability restricted. Most gubbed accounts are stake restricted these days. The best way to continue the easy profit is to operate multiple accounts using someone else's ID.
so I'm confident with the calculations just need to confirm the actual bets, so if I'm covering the whole field, I'm backing the horse each way at spreading the whole field across multiple bookies, then @ the exchange I need to lay the win on all the horses and lay the place on all the horses? also should I be varying the amounts based on what I expect to finish in the extra place? or should I keep the back stake the same across them all?
I would take it slow - don't try to cover the field until you're comfortable with this. Just cover 2 or 3 horses in a race; back the horse each way at the bookmaker and then lay the win and the place market for each half of your betting stake. :)
Thanks for this, I am trying to get my head around it at the moment so this really helped. When you say you cover the whole field, is this because more than one bookie is offering the extra place(s)?
Hi Christine, yes, that is correct. When many bookmakers offer the extra place, it's possible to utilise them all in order to cover the field. 3 horses per bookie maximum really.
do you cover the whole field even there is like 4gbp QL for some horses? You can end up easily at 40-50 QL and some horses only gives you like 20 profit when you hit them whitch means a. negative EV. How do you hack this?
There are times whereby I may have a horse that only allows me to break even or even hit a very small QL, but yeah, to make a profit you'll need smallest win > total QL. I factor in the commission break from shared liability when actually placing the bets - perhaps one for another video.
Rule 4 quite often end up profitable because the exchange also adjusts the odds (and normally at a bigger rate than the bookies). The only issue is if the number of places are reduced.
I understand the concept of this but why use the e/w market at the bookee? Why not just use the 5 to place only for example and lay off 4 places on the exchange. You don't actually need to win so why do e/w? Another issue is the odds on the exchanges (Betfair) are nearly always higher than the bookees so it's difficult to lay the horses off without taking a loss on them.
Maybe I'm not quite grasping this, but it seems to me that if you are looking for a horse to come exactly 5th place, that is not going to happen very often if you are only betting on 2 or 3 horses in the race. But if you bet on the whole field of maybe 20 - 30 or more runners, you will obviously hit the place you want, but the liability on the others will be high, potentially still putting you in a losing position?
If you lay 20 horses only 4 can place, the lays on the other 16 balance out with the 4 that place. On the 5th place you win both the back and the lay and that's where the profit comes from.
OK, thank you? So would you put the same amount on each horse, e.g. £50 each way with the bookmakers, and the equivalent win and place with the exchange, or would you place different amounts on them all? And if so do you need oddsmonkey to calculate all the stakes? Thanks.
You would just lose a small qualifying loss, assuming there was one after a difference between the back and lay odds and exchange commission. Usually £1-3 max
There’s a good book which has a section on bad each way bets and extra places called: ‘You Cannot Lose’ by Martin Reese. I found it helpful as it goes through worked examples. Now I can spot races with the right shape easily on Oddschecker
This was great, I have been researching "free uk horse racing tips" for a while now, and I think this has helped. You ever tried - Honackson Meyrayden Idea - (should be on google have a look ) ? Ive heard some super things about it and my neighbour got great success with it.
be better if you showed us on the laptop what your talking about
Not certain about the points made but ,if anyone else is searching for sports cash systems try Corbandy Sport Machine Crusher (should be on google have a look ) ? Ive heard some incredible things about it and my brother in law got great results with it.
@@hamidoualihassan4574 scam same message over and over
Wish u had taken an example and shown on screen.. Not many of us understand all terms n all calculations..
Excellent video, subscribed. Nice to see someone who does more advanced methods.
This has helped me understand loads more! Still fairly new and not ready to try it but trying to get my head around as much as I can!
I struggled to understand the terms you're using, it would be good if you done a video on the terminology you use. Thanks
How can you cover the whole field 9f only back at enhanced odds
Very well explained. The only thing I am wondering is what happens if the extra place winner is a horse with fairly low odds how is that going to cover the massive ql you will have from covering every horse in the race. Does this sometimes happen ?
Ive been researching and I found out that Exchanges dont support Canada. Can I use Pinnical to lay the bet and use other bookmakers for the back.? So use bookmakers against other bookmakers?
Hi thank you for the explanation! Can I just ask you how you can lay every horse without having to pay liability for each? You would have to make a lay bet for each horse in order to cover the whole field, right.
Subbed! Will be looking through a lot of these
HI great video, would you advise using stakes of around £5-£10 and doing a few races a day, or would you up the stakes and like to £30 and only do a couple races a day? Also what do yo do when there isn't enough bookmakers to cover the race? Thanks
So would you just have to make sure that all of your QL's added together are lower than the lowest profit you can get if one of your horses hits the place? :)
Exactly!
@@BeatingBetting are you adjusting stake according to odds or keeps stakes same let say odds 2.1 £100 and odds 12 still one hundred?
I remember when VC went 1/4 odds 8 places in the national a few years ago. They stopped me betting after I had backed my 18th horse in the race. Cleared over £1500 on the race . I laid in the win and 6 place market.
As i recall I lost 2.5k to VC but won 4k off BF
What's your strategy?
Hi so its not like anormaloffer only ur first bet counts. So if i do 3 horses ew at paddypower ill get free bet ? I dont have too place 1 horse pp 1horse wh 1horse ladbrookes ?
Hi Luke, I have asked this question before on other sites but so far not had an intelligent answer. Why do we lay the win and place separately? Why not lay EW market on betfair? And how do you calculate your stake if laying EW?
I can't remember the answer to this and I can't figure it out either. Brain bad (out of practice as don't do it myself anymore). Already replied once and realised I was wrong.
@@BeatingBetting ok no worries. I just tried to see if I could lay on this market but couldn't get a good match and poor liquidity. Only £3k got matched compared to £574K on the win market, and £32K on TBP market. Maybe that's the reason? Might try again on a Saturday when more money flowing into xchange....
Hi how do you cover all horses in a field. Some odds can be ridiculous?
if i were to use 2x free bets from bet 365 £100 deposit offer at £10 e/w total £40 (on 2 different horses both odds of 6 e/w for example ) both bets snr on calculator to do this then i wouldnt get a qualifying loss would i so as usual after backing both horses e/w on bet365 £10 e/w id lay the win part off then use the calc to do same for the place without any qualifying loss but instant profit from both the win and the place side of the bets would i be right in this
If you're on to this after routine matched betting/free bets/welcome offers, there's a very good chance most of your accounts are stake and liability restricted. Most gubbed accounts are stake restricted these days. The best way to continue the easy profit is to operate multiple accounts using someone else's ID.
so I'm confident with the calculations just need to confirm the actual bets, so if I'm covering the whole field, I'm backing the horse each way at spreading the whole field across multiple bookies, then @ the exchange I need to lay the win on all the horses and lay the place on all the horses? also should I be varying the amounts based on what I expect to finish in the extra place? or should I keep the back stake the same across them all?
I would take it slow - don't try to cover the field until you're comfortable with this. Just cover 2 or 3 horses in a race; back the horse each way at the bookmaker and then lay the win and the place market for each half of your betting stake. :)
Can i use this in The US?
Thanks for this, I am trying to get my head around it at the moment so this really helped. When you say you cover the whole field, is this because more than one bookie is offering the extra place(s)?
Hi Christine, yes, that is correct. When many bookmakers offer the extra place, it's possible to utilise them all in order to cover the field. 3 horses per bookie maximum really.
do you cover the whole field even there is like 4gbp QL for some horses? You can end up easily at 40-50 QL and some horses only gives you like 20 profit when you hit them whitch means a. negative EV. How do you hack this?
No, I don't take any QL. My stake would have to be £50EW+ for a £4 QL
If you are covering the whole field does your total QL loss need to be smaller than the smallest payout or is that mitigated by shared liability?
There are times whereby I may have a horse that only allows me to break even or even hit a very small QL, but yeah, to make a profit you'll need smallest win > total QL. I factor in the commission break from shared liability when actually placing the bets - perhaps one for another video.
What happens if the horse wins
All well and good but what if you place your bets and there is a rule 4 added after a horse has pulled out of the race
Rule 4 quite often end up profitable because the exchange also adjusts the odds (and normally at a bigger rate than the bookies). The only issue is if the number of places are reduced.
Is having mutilple accounts a massive advantage here?
yes
I understand the concept of this but why use the e/w market at the bookee? Why not just use the 5 to place only for example and lay off 4 places on the exchange. You don't actually need to win so why do e/w? Another issue is the odds on the exchanges (Betfair) are nearly always higher than the bookees so it's difficult to lay the horses off without taking a loss on them.
Because the odds in that market aren't good enough, which I guess answers your latter point too
Thanks for reply, I’ll go and have a compare 😀
Maybe I'm not quite grasping this, but it seems to me that if you are looking for a horse to come exactly 5th place, that is not going to happen very often if you are only betting on 2 or 3 horses in the race. But if you bet on the whole field of maybe 20 - 30 or more runners, you will obviously hit the place you want, but the liability on the others will be high, potentially still putting you in a losing position?
If you lay 20 horses only 4 can place, the lays on the other 16 balance out with the 4 that place. On the 5th place you win both the back and the lay and that's where the profit comes from.
OK, thank you? So would you put the same amount on each horse, e.g. £50 each way with the bookmakers, and the equivalent win and place with the exchange, or would you place different amounts on them all? And if so do you need oddsmonkey to calculate all the stakes? Thanks.
You'd need different stakes based on their odds. I use Oddsmonkey yeah, saves hours on each race.
Do you lose your money if the horse you bet on finishes outside of the top places?
You would just lose a small qualifying loss, assuming there was one after a difference between the back and lay odds and exchange commission. Usually £1-3 max
There’s a good book which has a section on bad each way bets and extra places called: ‘You Cannot Lose’ by Martin Reese.
I found it helpful as it goes through worked examples. Now I can spot races with the right shape easily on Oddschecker
QL's are usually quite high, particularly when you're placing £50ew bets though.
I don't take high QLs. It's all about patience.
Guide to Matched Betting so is your preferred method to queue for close match odds?
I need to see you do this live or at least a screen recording.
Really wish I understood this haha, I wanted to try matched betting but the horse side of things makes absolutely no sense to me whatsoever.
This is one of the most complex aspects and won't be needed to be learned for months, if at all, as a beginner
Good videos. Subbed. I've stopped using my real name on videos such as these out of fear of being gubbed.
Hehe, I admit I sometimes give in to the paranoia!
Show it
how to do it..!!
so this isnt a guaranteed profit
It's just +EV plays where you can get big returns for low risk.
It can be if you find perfect matches - but it's not likely for every single horse.
im so confused
I see 50-100 a month never done this.
This was great, I have been researching "free uk horse racing tips" for a while now, and I think this has helped. You ever tried - Honackson Meyrayden Idea - (should be on google have a look ) ? Ive heard some super things about it and my neighbour got great success with it.
Utter garbage. If you're gonna explain something like this, then show graphics, otherwise forget it!!