Betting Exchange Trader by Ken Millard - HTML preview

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I am still in a No Lose situation. 

Let’s take a look at LAYING. 

I cannot LAY both teams and make a profit because the total of the percentage equivalent of the  odds add up to less than 100% (97.9%). This is the reverse of BACKING where the total per  centage is usually over 100%. 

LAY ODDS  % 
Worcestershire                                     2.10                          47.62 (1÷2.10 x 100)  Gloucestershire                                    1.99                          50.25 (1÷1.99 x 100) 

97.87 

 

I’m going to LAY Worcestershire to LOSE. I’ll place £50 at 2.1 

 

My current situation is now:  Don’t forget that your Potential  (2.10 1) x £50.00 Profit is the same as the Stake 
Odds 

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