Trading software

Sunday, March 11, 2012

Something else to think about

Should I be greening these up when they hit 50pc of their price, or should I lay double the back stake.

If I green up, I profit regardless of whether the horse wins or not, albeit not as much as I backed with.

If I lay at double the back stake, I get nothing back if the horse goes on to win, but I get the full profit if another horse wins.

I'll check my data but as I'm backing horses that I expect to find little in the end, I think the latter option may be best.

2 comments:

  1. Hi Wayne,

    Maybe this helps,
    http://www.betangel.com/blog_wp/2011/03/23/should-i-green-up/

    ReplyDelete