Day 1. We had five qualifying bets at the time of viewing yesterday and although all but one shortened in price with the other remaining the same we had no winners. The idea is that if they shorten in price but lose the race you will only lose the commission on the lay bet as you are placing equal money to lay and back. If they win you are rewarded with the better win odds minus the shorter priced lay bet. I have based my staking on £10 to lay and £10 to back all selections. The system covers most scenarios except if our selection wins but the odds to lay at s.p drift beyond our price to back and hence this could make a loss.
Commission is set at 5% and the low risk element should only cost £ 0.50 for an unsuccessful bet.
Daily profit: – £ 2.50
Running total: – £ 2.50
