Tag Archives: OOTB

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)

Weekend Racing and Football Tips

There's a rollover on the Sky Super 6 this week that means you can win half a million pounds if you can predict the correct score in six matches today.

With no cost to enter this is a no brainer and even if you know nothing about football you should still have a go – http://dailypunt.com/super6

Football Bets

Last week we managed a £15 profit from our football bet courtesy of the The Alternative Punters Syndicate.

This weeks bet will pay £113 for £1 stakes if we get them all up.

Don't forget if you haven't tried TAPS before you can trial their racing and football tips for a full month for free – Click Here http://dailypunt.com/taps

Top Rated ‘Best 5 Aways'
(Perm any 3 from 5 plus all 5 = 11 bets)
ARSENAL
EVERTON
BOURNEMOUTH
SHEFF UTD
PETERHEAD
The best overall odds* for the ‘Best 5 Aways' are available with…
Horse Racing 
Yesterday Nick gave us his thoughts on the Old Roan Chase

Saturday Aintree 3.00pm

Conquisto @7/1 (if the ground remains good)

Each-way alternatives: Astracad @14/1 & Wishfull Thinking @14/1 (soft or worse) 

The ground is declared as good.

 

 

Football and Racing Tips

Today we have a bet at Wolverhampton from Peter Hawkeye, a football perm form The alternative Punters Syndicate and a reminder of Nick's selections for Champions Day.

First up is Peter Hawkeye.

We have a special offer running for Daily Punt readers who can join Hawkeye Tips for just £7.99 – Click Here http://dailypunt.com/hawkeye

I do like to look out for improving 3 year olds when they are taking on older horses at this time of the season. Tonight at Wolverhampton Ragged Robin in the 7.45 is doing just that.

He has improved no end over the summer, to some that seemed to have come to an end last time out. But that was a tough race against other 3 year olds and back getting lumps of weight tonight from the majority of the filed I expect a further resumption of improvement at 15’2.

Next up is the TAPS weekend football perm, this is one of four perms that TAPS member get every week in addition to their daily racing tips.

The TAPS offer is a totally free one month trial, click here http://dailypunt.com/taps

Top Rated ‘Best 5 Aways'
(Perm any 3 from 5 plus all 5 = 11 bets)
CHELSEA
LIVERPOOL
WOLVES
SHEFF UTD
HIBERNIAN

The best overall odds* for the ‘Best 5 Aways' are available with…
Ladbrokes

Finally Nick from Betting Insiders yesterday suggested that if the going stays Heavy at Ascot that there may be some outsiders winning against the form book.

You can read the full write up here but to recap here are the selections.

1.45pm Whiplash Willie @10/1
2.20pm Maarek @7/1 & An Saighdiur @100/1
2.55pm Cubanita @15/2 and Madame Chiang @16/1
3.30pm Tullius @10/1
4.45pm Levitate @12/1 (Chatez @8/1 & Russian Realm 12/1 also go well on soft)

Football and Racing Tips

Our football bet last week came in with 4 out of 5 bets successful and a £33 return for our £11 staked, which is nice but what we want is all 5 winning for a three figure return.

This week we have to head lower down the leagues, but that's not necessarily a bad thing as we have had some success in previous seasons with the lower league selections.

First though a reminder to do your Sky Super 6 for a chance to win £250,000 with nothing to pay – http://dailypunt.com/super6

And a reminder that Nick posted up selections for the Cesarewitch yesterday http://dailypunt.com/cesarewitch-tips/

If you want more Cesarewitch analysis there is a trends breakdown for free on this page http://www.mathematician-betting.co.uk/cesarewitch

Here are the football selections from The Alternative Punters Syndicate (Click here to trial their racing and football bets for free for one month)

Top Rated ‘Best 5 Aways'
(Perm any 3 from 5 plus all 5 = 11 bets)

COVENTRY
BURY
HEARTS
BRECHIN
QUEENS PARK

The best overall odds* for the ‘Best 5 Aways' are available with…
William Hill

By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close