IN PLAY TRADING

 

OUR IN PLAY TRADING STRATEGY…

50% LESS In Play Trading as shown on PROFIT LOSS

This is fully explained below, also known as Dobbing.

75% LESS In Play Trading as shown on PROFIT LOSS

This is similar, however we don’t lay the price at 50% less. Instead we’ll lay the price at 75% less for a greater profit & greater risk.


What is DOBBING?

At it’s simplest DOBBING is about betting on price movement rather than the actual race result – i.e. trading. What DOBBING does is to simplify the concept into a pair of transactions which has the potential to change any runner in a race into an even money chance.

Changing any runner into an even money chance wouldn’t be a very good move is we were talking about WINNING the race, but we aren’t – we talking about making any runner an even money chance to hit a particular price In Running. As long as our runner trades low enough In Running (IR) we WIN irrespective of the result.

So where does the term DOB come from – well it comes from the phrase Double OBust. We either double our stake or lose the lot i.e. bust.


OK, What make up a DOB. – There are two bets which make up a DOB:

A BACK bet which is placed before the race begins, and

A LAY bet which is usually matched In Play but can be matched pre-race if the selection is heavily supported.

This is how it works: –

Where you back a runner at, for example, 7.0 for a tenner pre-race. This gives you a potential profit of £60.

You then lay it back In Play at half the price (3.5) for double the stake £20. A potential loss of £50.

If during the race (In Play) the lay bet for 3.5 is matched, then you win £10 no matter what the result.

Lets look at the possible outcomes.
1) – your horse runs like a donkey – it never gets into the race and the In Play price get nowhere near your 3.5 – You lose £10
….. your £10 win bet loses so we lose £10
….. your £20 lay bet at 3.5 isn’t matched so you win/lose £0
….. You lose £10, but win/lose £0, so on balance you lose £10 (£0 – £10) – which is Bust.

2) – Your Horse Loses, but runs well and trades down to 2.3 In Play – You win £10
….. your £10 win bet loses so we lose £10
….. your £20 lay bet at 3.5 wins (i.e. the horse doesn’t win but In Play drops below 3.5) so you win £20.
….. You lose £10, but win £20, so on balance you win £10 (£20 – £10) – which is Doubling your £10 stake.

3) – Your Horse Wins, trades down to 1.01 In Play, – You win £10
….. your £10 win bet at 7.0 wins so you win £60
….. your £20 lay bet loses (i.e. the horse win) so you lose £50. (your lay was 3.5 to £20 – a liability of £50)
….. You win £60, but lose £50, so on balance you win £10 (£60 – £50) – which is Doubling your £10 stake.

Hence Double OBust.

This works for any priced runner as long as the price is 2.02 or greater.

Back at 30 for £5 – Lay at 15 for £10 – £5 profit if it DOBS

Back at 2.6 for £20 – Lay at 1.3 for £40 – £20 profit if it DOBS

Back at 4.8 for £2 – Lay at 2.4 for £4 – £2 profit if it DOBS etc…..


OUR IN PLAY TRADING STRATEGY…

50% LESS In Play Trading as shown on PROFIT LOSS

This is exactly as explained above, at 50% less of the backing price.

75% LESS In Play Trading as shown on PROFIT LOSS

This is similar, however we won’t lay the price at 50% less. Instead we’ll lay the price at 75% less for a greater profit & greater risk.

Example:

Back £10 at 10.0 (odds)

Lay £40 at 2.5 (75% less of backing price.

This results in 3 times your stake back in profit, instead of double your stake back.


VIEW PROFIT LOSS

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