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fatboy1945
08 Mar 11 11:32
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Date Joined: 18 Dec 02
| Topic/replies: 12 | Blogger: fatboy1945's blog
Is there any way you can put a back bet in at lower odds than offered........ I know it sounds daft but..
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Report U.A. March 8, 2011 11:37 AM GMT
strange but there is one way i can think of.

You can arbitrage it by laying all the other runners.

Go on, i must ask, why do you want to know this.
Report Eddie the eagle March 8, 2011 11:42 AM GMT
Strange question from someone who has been on here for more than 8 years, but I'll try to answer anyway.
  Just click on the blue backing box and before submitting the bet adjust the price down to whatever you want by clicking on the arrow pointing down just right of the price.
Report U.A. March 8, 2011 12:19 PM GMT
Eddie - but wouldn't that just then match it still at the best price available rather than the price you selected or am i missing something here.

Anyway, again why????
Report fatboy1945 March 8, 2011 12:37 PM GMT
U.A. It is just something that i am playing around with, for example backing a tennis player who is about to win the first set his odds are say 1.8 you put in a bet at 1.75. if he wins the first set his price will drop(obviously) below yourbet & you trade out if he does not win the first set you cancel your bet.
Eddie all that does is get you the highest price
Report U.A. March 8, 2011 1:07 PM GMT
Hello there Fatboy1945

So in efect you are saying that you want to offer up a price and if the market was to drop below that price then you want your bet to get matched and if it doesn't drop below that price then you don't want it to match.

I feel fairly confident that you are not able to do this. If there is a way myself and i'm sure everyone else would like to know.

The only option is to offer at higher odds and hope it gets matched before it drops. But then you run the risk of someone having faster coverage than you and it going the other way and matching before you are able to cancel.
Report fatboy1945 March 8, 2011 1:28 PM GMT
Ah well just a thought
Report manxy March 8, 2011 1:57 PM GMT
triggered betting in-running

example lay for £2 at 3s when it is taken, it triggers a £100 back bet at 3.05, to clean up any late money.
Report tobermory March 8, 2011 2:59 PM GMT
U.A. It is just something that i am playing around with, for example backing a tennis player who is about to win the first set his odds are say 1.8 you put in a bet at 1.75. if he wins the first set his price will drop(obviously) below yourbet & you trade out if he does not win the first set you cancel your bet.
Eddie all that does is get you the highest price


Confused

why not just back him to win the set?
Report marty44 March 8, 2011 5:16 PM GMT
http://racingtraders.co.uk/manual/tools/tools%E2%80%94stop-entry/
Report fatboy1945 March 8, 2011 9:56 PM GMT
Many thanks marty44
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