10 Responses to More Each Way Tactics

  1. steve says:

    i fully agree bookmakers dred nothing more than a e/w double. these bets are a punters dream today my e/w double. 1.00 ling charming 5/1 2.00 ling precision five 7/2 both with VC as long as punters have 8 runners or more its a no brainer to back e/w doubles. mug bets yankees and lucky 15 which many people like to place.

  2. Ian says:

    Can you explain the maths a bit more. Presumably all bets (bookies and Betfair) need to be placed at the same time – otherwise the price may drift against you. How do you calculate the stakes?

    • Dave says:

      Hi Ian

      I usually let the bets run knowing I’ll profit in the long run, but next week I’ll post up the calculations for those that like the guaranteed profit.

      Dave

  3. Peter Colledge says:

    This method is the one used, very successfully, by Paul Beaumont of Beaumont Bets. If you are serious about making money and are prepared to put in the time, you will make money. I personally don’t do it, but only because I have my own methods of betting. Paul is very welcoming to those of an open mind. He does not suffer fools gladly, but if you are sincere, there’s no one better. Good posting here.

  4. John says:

    Am I missing something here? You have £10 ew @ 8/1. You then lay £10 @10/1 the win and £10 @ 1.31 the place. Surely if the horse wins you lose £7.10 (£103.10 – £96.00). If the horse is placed you would win £12.90 (£16.00 – £3.10) but if the horse loses you also lose (the Betfair commission). Can’t see how you represent this as a guaranteed profit as, at the time of placing the bet, all three eventualities can still happen – even “knocking” each way bets can still have an off day.

  5. sean says:

    I almost followed that: can you explain in a “paint-by-numbers” fashion how the £8.20 profit is arrived at?

    My scribblings made it a 20p loss if the horse places.

    • Dave says:

      Hi Sean

      The bets at Betfair lay £8.18 at 11.0 in the win market and lay £20 at 1.31 in the place market.

      So we have bets of…

      £80/£10
      £81.80/£8.18

      and

      £16/10
      £6.20/20

      If the horse wins we win £80 + £16 and lose £81.80 and £6.20 = + £8

      If the horse places we win £8.18 + £16 – £10 – £6.20 = + £7.98

      If the horse loses we win £8.18 – £10 -£10 + £20 = £8.18

      Dave

  6. I don’t understand how the 2.6 odds arise for the ‘place’ part of the bet in this example. When I went to school 9.0 / 5 = 1.8 (not 2.6). What have I missed?

    • Dave says:

      Hi Steve

      The bet is each way at 8/1 which is decimal 9.0 to work out the place part it is 8/5 which is 1.6/1 which is decimal 2.6

      Dave

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