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Jinxy's Trading Post Blog
Skightly different
08 Jan 12 15:28
Nice One Frankie is from a stable in form and thats where I'm looking for a trade this afternoon, a slightly different staking plan this time, I'm on at 5.4 leaving an in running lay off price of 2.7 for a full two points all green. Staking is two points win and four points lay.
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Comments: 5
I'm new to this & been watching
can't get me head round todays tho
Backed 5.4 x 2 = 10.8
Laid 2.7 x 4 = 10.8
It won so the lay must have been taken
So no profit or am i missing summat ?
£20 on at 5.4 as an example gives you £88 profit
£40 lay off at 2.7 gives you a liability of £68
Once you are matched you have made a level profit of £20 regardless of the result, prior to commissions.