Tag Archives: free tipster

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)

One Month Tipping Trial

Today we have an opportunity to take a one month tipping trial for zero pounds and no pence.

The service in question was established in 1996!

That's 18 years of tipping and still going strong.

The service provides daily horse racing tips, both backs and lays.

As well as sports bets for Rugby, Tennis, Football and any other sport where they can find value.

On Saturday this tipster gave 3 bets…

Cotton Club WON 12/1
Polo Springs WON 6/1
Santefisio 3rd 20/1 (advised ew)

Of course not every day will pan out like that, but try it for a month for free then if it suits you stick with it and if it doesnt then no problem.

Click Here for your free trial

Today's Selection

Taunton 5.25 On The Move – win bet – 4/1 Bet Victor, Sky Bet

Pro Gambler Interview

Today we have a free PDF from the Secret Betting Club which features a few reviews of tipping services.

Including a free tipster and a £10 per month tipster.

Pro Gambler Interview

The PDF also includes an interview with Peter Green, who is a winning gambler.

The interview details the early days of Peter's career where he paid the price of naivety.

It then goes on to detail how Peter turned things around with the help of tipsters.

The second interview with a guy called Rowan includes details of the services that he uses to make a part time profit from betting.

You can get the free pdf by clicking here

Today's Selection

3.20 Plumpton Amazing Scenes – eachway bet – 9/1 Paddy Power, Sky Bet

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