In article one, I introduced you to the سایت پین باهیس بدون فیلتر شکن Exchange concept and explained the basics of LAY Betting (Lay to Lose). Now in this article, I’m going to introduce you to another unique and powerful feature of the betting exchanges, the Place Markets. Place markets are as the name suggests, markets which allow you to bet on a selection to be ‘placed’. Eg. a horse to finish 1st, 2nd or 3rd in a 8 runner or larger field.
Now, the first and most important thing to highlight here is that these place markets are completely different to the well known Each Way (EW) betting markets offered by traditional bookmakers. The Each Way bet is in fact 2 bets of equal stakes. The 1st stake is on the selection to win and the 2nd is on it to be placed. So a £10 EW bet will cost you £20 in total.
A £10 place bet on a Betting Exchange is a single bet and therefore will only cost you £10. If your selection finishes ina place, you collect your winnings and smile. Think about it for a minute. How many times have you beencertain that a horse will be placed, but you have not beenconfident that it will win…
Take the following example. A horse named ‘Im gonna be placed’ that is available to back with traditional bookmakers at 4/1 (5.0). Your very confident that it will finish in the top 3 in a 10 runner field. Place an EW bet on it. E.g. £10 EW at 4/1 (5.0). Total stakes £20. The bookies will pay you 1/5 odds on the place element of this E/W bet based on their standard EW rules. On our horse which is available to back at 5.0 this equates to 1.8. Now, the only time the above race will be profitable for you is if the horse actually wins. In both cases you would make a very nice profit if it did. For option 1 you would win £40 profit and for option 2, £48 profit.
BUT, if as you suspected the horse only finishes placed in 2nd or 3rd, you actually lose money in both cases. With option 1 you obviously lose all your stake money so are down £10. With option 2, you win £8 on the Place side of the EW bet but still lose £2 overall as the win part of the bet was a losing one.
Using the above example and depending upon the prices of the other horses in the race, you would probably see the Betting Exchanges offering odds of around 1.60 – 2.00 (evens) on this horse being placed. You can therefore put your £10 PLACE bet on at say 1.8 and collect £8 profit (minus commission) as long as the horse finishes 1st, 2nd or 3rd. Only if the horse finishes outside of the top 3 do you lose your £10 stake.
When combined with a good staking plan and a sensible selection
process, it can be common to have very long winning streaks when
backing horses to be placed on the betting exchanges. These
longer winning streaks more than make up for the relatively
short prices that are offered on selections to be placed.
1) Unlike the betting exchange win markets, Place markets DO NOT
go “In-Running” when the race starts but this is true of the
traditional E/W bets offered by bookies as well.
2) If a race is planned as a 8 runner or more event but a number
of horses become non-runners leaving less than 8 runners, the
betting exchanges still offer odds on 3 places. This is
different to bookmakers who in such cases adjust their odds on
the place payment from 1/5 to 1/4 of the win odds BUT they only
pay out on 2 places. If a 5,6 or 7 runner field is shortened to
less than 5 runners, the betting exchanges will still offer
place markets and payout if the horse finishes 1st or 2nd.
3) You can make up the equivalent of an E/W bet on the betting
exchanges by placing a bet on the win market and a separate bet
on the place market. Depending upon the type of race and the
form of the market, you will often find that this offers more
value in terms of odds than an E/W bet with a bookmaker.
As explained in article 1, the ability to Lay a selection is
perhaps the most important feature of the betting exchanges.
You now have the ability to Lay selections to be placed. In
other words, if you have a valid reason to believe that a
selection will not even finish in a place, Lay it to Lose on a
betting exchange. The real beauty of laying on the place
markets, is that the odds are always much lower than the
outright win odds so your lay liabilities are much lower.
As the place market prices are much lower than the outright win
market prices, they also offer a great place to learn the skill
of TRADING without much risk to your balance! Betting Exchange
trading is simply the process of betting on price movements for
guaranteed profits. E.g. Back a horse at 4.0 and then Lay it
later at 3.0 for a no risk bet or guaranteed profit regardless
of the outcome!
