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Laying - Level Stakes vs Liability
Hi all,
Just got a hypothetical question for you guys. I'm just looking at something which involves laying certain horses in the price bracket of $2 to $3 on Betfair. What would be the best way to do this - laying at level stakes or laying to liability? I cannot give you the stats or percentage of winners/losers involved because I don't know myself (maybe someone could help with this). I'm just wanting to know what may be the best way to go. Taking commission out of the equation for now and just using simple numbers we get the following: Laying minimum $5 level stakes Price $2.00 - Lay win $5 - Lay loss $5 Price $2.50 - Lay win $5 - Lay loss $7.50 Price $3.00 - Lay win $5 - Lay loss $10 Laying say to $10 Liability (so minimum $5 lay bet requirement is met) Price $2.00 - Lay win $10 - Lay loss $10 Price $2.50 - Lay win $7.50 - Lay loss $10 Price $3.00 - Lay win $5 - Lay loss $10 Is there really a difference? Level stakes means you lose less on the lower priced horses which are expected to win more often HOWEVER liability means you win more when a lower priced horse wins. Is one better than the other?
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