Tag Archives: example

# Kautoyoustar

Betfair are running a competition to win a framed photo print stamped by Kauto Star or a Betfair scarf stamped.

All you have to do is to follow Betfair on twitter @BetfairRacing and tweet with the hashtag #kautoyoustar saying what make Kauto a star to you. Full details here

Hennessy Gold Cup 

It's Hennessy Gold Cup day tomorrow and there is a lot of opinion as to the likely victor, as you might imagine.

Lets start with one time favourite Great Endeavour.

Nick Mordin has a very interesting piece highlighting the shortcomings of the UK method of assessing the ground conditions on track.

As his example he assesses the runaway success of Great Endeavour in  the Paddy Power Gold Cup…

I think it was misleading for most bookies to mark Great Endeavour up as favourite for the Hennessy following this run. You only have to look at the horse's record to agree with trainer David Pipe's assessment that the 3m 2f of that race ‘might be a bit far'.

I have to agree with this assessment and see no value in following GE.

So let's assess the others…

Neptune Collenges – Excluded on age and recent form
Planet of Sound, Wayward Prince, Muirhead, Blazing Bailey – Recent Form
Fair Along, Balthazar King, Tullamore Dew, Billie Magern, Qhilimar – Out of the handicap
Beshabar – Needs further
Carruthers – Prefers small fields and heavy ground
Michel Le Bon – No recent form, hard to assess, possible danger
Sarando, The Giant Bolster – Suspect jumping ability
That leaves Aiteen Thirteethree & Wymott. We prefer Wymott who's last run can be excluded after picking up an injury. Set to carry just 10-2, he will also carry our stake. Good luck

Todays Tip

Newbury 3.50 Colour Squadron  (Result 2nd)

 

 

 

Hutching Calculator – Hutching Profits

Following from yesterdays introduction to Dutching, today I want to tell you about Hutching and the Oddschecker Hutching calculator.

The Hutching calculator can be used like the Dutching calculator but instead of taking an equal profit whichever of your selections win. You can instead bias your bet towards a particular outcome.

So you could take all your profit from what you consider to be the most likely outcome and break even on other selected outcomes.

So you are hedging your bet, you have a bet, you expect it to win, but you want to cover some other outcomes so you hedge, hence the hutching calculator.

As an example Chelsea are 1.19 to beat West Ham tonight, so they are expected to win. If we think that West Ham are unlikely to score and Chelsea will win we could frame a bet using the hutching calculator.

If we decide to bet the correct scores of 1-0, 2-0, 3-0 & 4-0 which are priced up at 9.6, 7.2, 8.2, 11.5 respectively.

By adjusting our stakes we can pretty much break even on 1-0, 3-0 & 4-0 and take a profit of £38.60 on 2-0, for a total stake of £10.

If we've judged things correctly then that return compares favourably with the £1.90 profit from a straight win bet.

The image below shows the calculator and the stakes required.

The trouble with this hutching calculator is that you have to manually play around with the stakes to get your desired result.

And if all your bets were in the same market, then it's probably just as easy to do this directly into Betfair. But in this case our bets are spread across 2 markets.

Nevertheless this is a a useful way to frame bets to get better value and to bias bets towards what you consider to be the most likely outcomes.

Don't follow the crowd and just bet what is offered to you, hutch your way to profit.

Hutching Calculator Chelsea West Ham

Football Correct Score Trading

I've just read a cracking article in the Betting Insiders report that outlines a strategy for trading correct score football markets.

I'm sure that this will be a handy strategy to have in your betting armoury.

Basically the method outlined by Jakub Gawel involves backing high scores in games where one team is very short odds on to win.

And then as the game progresses trade out of the position as the scores shorten.

Jakub gives a couple of examples and the general scenario is that one team is starting at odds of 1.2 or less in the win market and has a history of  high scoring games.

Jakub then bet scores of 4-0 and 4-1 at double figure odds.

Then as the game progresses every time a goal is scored by the hot favourite the odds shorten on the big score lines and a profit can be locked in by laying the score line.

There is scope for this to go wrong but if you do your research this looks like a great strategy.

You will need to keep your wits about you, for example if the underdog scores you need to lay off the 4-1 score straight away because if they get another you will have two losing bets.

By betting a score to nil and a score to one either team can score first and you will still have at least one active bet to trade out of.

If you want to read the full method you can join the Betting Insiders here.

Update 2020: This is still a valid strategy, but from experience I would say that the safer strategy is to lay the smaller score lines, either 3-0 and 3-1 or 2-0 and 2,1.

The profit will be smaller from these more likely correct scores but you will be making a profit more often.

As with any football betting, especially in the correct score markets you need to do your research and when trading you need to be on the ball and ready to update your position after each goal.

Green Up: How To Calculate Your Stakes

The first thing to say is that when this article was first written there was no cash out button on Betfair, so life is easier if you just want to lock in a profit and green up on a horse you've bet, no calculator required. But don't expect to get the best bet possible using the cash out button!

But you should know the maths and how to calculate your own stakes for greening up and that's what we cover on this page.

Yesterday Pete asked how do we calculate our stakes when we have made a trade and we want to green up.

So Pete has backed a horse that is shortening in price and he wants to green up on that selection. IE lock in a profit whatever the outcome.

If for example you were lucky or smart enough to get on Shaws Diamond yesterday morning you could have bet it at around 16.0.

This mare started with a Betfair SP of 6.64. (Easier to find these greening up opportunities in hindsight!!)

So let's say you had a back bet for £10 at 16.0 in the morning and it's just before the off and your horse is now trading at 6.8.

You want to lock in a profit on Shaw's Diamond and want to know what stake to lay at 6.8.

The calculation is to multiply your initial stake times your initial back odds (£10 x 16.0 = £160)

You then divide that by the lay price that you can get (£160/6.8 = £23.52)

Place your lay of £23.52 at 6.8 and your initial bet of £10 has now converted to a guaranteed payout of £12.84.

I mentioned a while back that a lot of serious backers don't wait for a selection to win these days.

Instead they lock in a profit once their horse trades down to a certain level and then lock in the profit.

This method is great for predetermined trades or for when you have time to calculate the stake.

When the pressure is on you might prefer to use lay calculator software that can make the bet in the click of a button 🙂

If you want to it the other way around. So say you have one that's drifting and you lay a tenner at 6.8 and now can back it at 16.0.

Multiply your lay price by your lay stake (£10 x 6.8 = £68) and then divide that by your new odds (£68/16.0 = £4.25).

Back your selection for £4.25 at 16.0 and lock in a £5.46 profit.

A final note: It's easier to find steamers just listen to the pundits and check out free tipsters. Also you risk less money in the initial bet and get a better profit on the green up.

(Green Up: Common parlance for a guaranteed profit on Betfair where every selection shows it will profit if that selection win)

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