Tag Archives: Final

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 you should know the maths and how to calculate your own stakes 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 green 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 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)

Greyhounds – Is it fast enough

Once we have found a dog that looks like it will have a favourable position, ideally in front, at the first bend and will not get any trouble on the way to the bend then all you need to know now is whether it is fast enough to hold onto its lead.

It is very common to find a dog that will get a clear run around and will lead most of the way in a race only to lose in the closing stages.

These sprint type dogs just don’t have the stamina to hold on to the winning line and are a trap for anybody using the kind of strategy that we have discussed here.

The key clue to whether we are dealing with this kind of dog is its past race positions. If it has led previously all the way but still not won then you need to find a reason why it might hang on today. EG If in a previous race the positions are shown as 2111 but the dog didn’t win the race then this is a danger signal.

Maybe it is an easier race today maybe a lower grade. Maybe it is fitter today, if the last run came after rest or it is a puppy who is improving. If you can’t find a reason then maybe you should give this one a miss.

Because graded races are in theory constructed such that any dog could win, other than the types mentioned above, I tend to not pay too much attention to the previous times recorded by each dog. As long as my selection is not way slower than the opposition then I am likely to go with it.

The exceptions to this are where I can see a reason why one of the opposition might improve. These include…

Puppies. Young dogs that are just starting out on their careers which can improve in leaps and bounds.

Rested dogs. Dogs that have been off for a rest and are not yet running to their pre rest form. EG If they were running A4 grade before their rest but are now reappearing in an A6 then it is likely that at sometime soon they will return to the previous grade IE they are better than their opposition.

Bitches that have been in season. Bitches don’t run when they are in season. When they return they tend to find significant improvement at around 16 weeks after their season commenced. This tendency is significant enough to be a profitable strategy in itself.

One final point to keep in mind is that you don’t have to bet just one selection in a race. If you have narrowed a race down to two or three contenders then consider splitting your stakes between them.

Splitting stakes across multiple selections is a strategy I use a lot in greyhound racing. You can either bet the same stake on each dog or adjust your stake so you make the same profit whichever of your selections wins.

You can use our dutching tool that will help you determine the correct stakes for dutching selections.

And that is the method that I use to find winning greyhound selections. As with any betting method you are looking for a dog with a strong chance of winning and one that has a better chance than the available odds suggest. There is no clear cut selection ever, because if a dog is an obvious winner then the odds will reflect that.

But that said I have frequently found selections that I am sure will win, barring accidents, at 4/1 and 5/1.

20/1 Cheltenham Bet

Today I have a Cheltenham bet from a tipster who made 65 points profit at last years festival and who set up the year for many of his members.

The bet is one leg of a yankee and if you want the other three legs there are details of a very special and cheap offer at the end of this post.

The four bets together will pay £29,248 for a 50 pence each way yankee if he pulls this off!

The Value Backing service is in great form at the moment and is already 33 points up for 2015 with a 118% ROI.

There have been winners this year already at  20/1, 18/1, 12/1 and shorter.

Here's the selection from Value Backing…

UPDATE – See The World will not run in the Champion Bumper 🙁

Champion Bumper Wednesday 11th March – See The World 1pt win @ 20’1 Betfred 

When it come to ante post betting at Cheltenham one of my favourite angles is to look for something out of the ordinary in a previous performance. Way back in 2005 I remember watching the great Kauto Star on just his second start for Paul Nicholls. He went through the race cruising in second gear only to fall at the second last. Back then a jockey could remount and Walsh having seen the winner go past him got back onboard and only just failed to win in a photo. Now the opposition may not have been world beaters, but that dramatic race indicated to me that Kauto could be something special and so it proved !
Now back in January this year at a cold damp day at Wincanton See The World put up something akin to that Kauto performance. He basically stopped to a walk 2 furlongs from home having taken up the lead and then hung left. What happened next is something I have never seen in a race. He started running again having given the ones that went by him 15 lengths start, caught them up and then breezed on by the runner up in the final 100 yard to win by 4 plus lengths and I was gobsmacked ! It is all well and good giving a few lengths  or so away at the start of a race, but 2 furlongs out, that should not have been possible.
Now again he may not have beaten much, but that performance was something out of the ordinary and as such I had to back See The World. He may well be a world beater only time will tell. But whatever happens at Cheltenham that performance at Wincanton is something I doubt I or anyone else will see again any time soon.
Carl Nicholson and Value Backing members cleaned up at last years festival with a whopping £653 profit to £10 stakes, with many members staking and winning much more.

This year you can join him on a special package for Cheltenham 2015.

Here's what you get…

  • A selection in every race at the 2015 festival
  • Access to all the Value Backing main service and Value Backing Extra selections from now until the festival
  • Access to all the Value Backing Daily selections every day from now until the festival
  • The sooner you join the more bets you get 🙂
  • The Value Backing ante-post Cheltenham Yankee, pays £29,248 for a 50 pence each way stake – the sooner you join the bigger the prices you can get!
  • Optional – discounted ongoing membership to Value Backing

The price is just £20 – Click Here to secure your place now.

Nick Hardman Free Tips

A bright Friday morning brings with it the joy of six tips from the excellent Nick Hardman of the Betting School Insiders Club

We have some decent racing today with the meetings at Doncaster and Huntingdon standing out by some way. I have gone through the cards and picked out some horses with strong chances as well as picking out a couple of bigger priced each-way runners.

John Ferguson is 4-11 with his hurdlers at Doncaster in non-handicap races in the last 3 years for a level stakes profit of £9.29. He runs Buckwheat in the novice hurdle race at 1.05pm and champ AP McCoy is booked to ride.

Nicky Henderson’s Days Of Heaven rates a big danger after showing much improved form in a first time hood when scoring at Ludlow (hood fitted again here). With that in mind there are options for the forecast with these two likely to be a lot better than the rest.

Steel Summit’s winning sequence must come to an end at some point but the manner of his latest victory and the fact he is 10lbs well-in at the weights make him one of the strongest bets on the card in the 2.50pm.

Nicky Henderson has a good chance of taking the final race on the Doncaster card with Clondaw Banker in the maiden hurdle. His second behind Jolly’s Cracked it at Ascot back in November is smart form and he ran that same rival to within a length next time out. A reproduction of either of those efforts should be enough to win this.

It’s not often a horse with form figures 8696 would interest me but you should always put those figures into the context of the race the horse is running in.

In this case the race is a novice handicap hurdle and a quick look at the rest of the runners reveal they too have form figures that look like the numbers round from Countdown.

The horse in question is Haleo and he runs in the 1.40pm today at Doncaster.

What drew my eye to him originally is that he is rated 97 in a race where the top rated horses are rated 99.

However, he gets a hefty 13lbs weight-for-age allowance from those two horses.

He ran well for a long way on his last start before fading two from home to finish 6th, beaten 10 lengths in total. He is the 20/1 outsider of the field here but I think that allowance will see him finish closer than market expectations.

Over at Huntingdon we have a similar scenario in the 4.05pm handicap hurdle that closes the card. Cyclop is joint-top rated with Harry Hunt on an official rating of 120.

However, the 4yo Cyclop gets 11lbs from his 8yo rival. Also in his favour is the booking of Sam Twiston-Davies and he also has a C&D win to his name. Up 6lbs for that latest win he might still have a bit of improvement in him.

The best race on the Huntingdon card is the Pertemps Network Handicap Hurdle Qualifier and top rated Aubusson is sure to prove popular dropping back into a handicap.

His latest effort saw him finish 3rd in the Grade 1 Long Walk Hurdle. Prior to that, he won the Grade 3 Fixed Brush Hurdle at Haydock to earn his current rating of 153.

He has to give 11lbs away here although Lizzie Kelly’s claim will off-set 7lbs of that.

However, this is a hot race with David Pipe’s Knight Of Noir also holding strong claims along with Dolatulo and Zeroshadesofgrey.

But the one really interesting runner is Ely Brown. He defied an absence of 198 days to win a Pertemps Qualifier at Ascot in 2012 off a mark of 125 and went on to finish 6th in the Pertemps Final at the Cheltenham festival.

He defied an absence of 206 days to win the same Qualifier again in 2013 off a mark of 135 before being sent novice chasing where he won a Grade 2 on his second start.

He has not been seen in almost a year but it is interesting he goes back over hurdles and is racing here off a mark of 139.

Charlie Deutsch takes off 5lbs so that puts Ely Brown 1lb below his last winning hurdles mark.

He has won first time out in the last 2 seasons. This would be some training feat were he to take this and it will be interesting to see how he goes.

The negatives are that he is returning from injury (as opposed to a seasonal break) and word is he is being aimed at a tilt at the Grand National so this may just be a pipe-opener.

That said you often see Grand National horses running at the Cheltenham festival in the Pertemps Final.

My interest is perked just enough to have a little each-way @12/1.

Doncaster 1.05pm Buckwheat tweet this tip
Doncaster 1.40pm Haleo @20/1 (e/w) tweet this tip
Doncaster 2.50pm Steel Summit @6/4 tweet this tip
Doncaster 3.50pm Clondaw Banker tweet this tip
Huntingdon 3.05pm Ely Brown @12/1 (e/w) tweet this tip
Huntingdon 4.05pm Cyclop @9/2 tweet this tip

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