Guaranteeing a profit

Instead of a free bet on the horse we traded on, we want a profit on ALL of the outcomes in that particular event. This means that we effectively achieve a profit no matter the outcome of the event.

In the Guarantee a free bet section, we managed to achieve a quick free bet on a horse called Happy Sunshine. We're now going to place another lay bet on this horse to equalize the profit across the all horses.

To calculate the lay stake needed, we use the following calculation:

Current Profit Showing On Selection / Current Lay Odds

In this case, we divided 52.25 by the current lay odds which were 3.0 to give a lay of £17.41 which resulted in a £17.41 profit across all outcomes. Please remember to back and lay the same selection for this to work.

To save time, you can use this Calculator - CLICK HERE for equalizing profits.

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