Going slightly mad with correct syntax for a lapsp bet

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Going slightly mad with correct syntax for a lapsp bet

Postby bolpx001 » Fri Jun 19, 2015 4:48 pm

Hi All - It is a simple query, if I have a back bet of 20 pounds on legs11 at 4.0 and I suspect the price may go in and want a LAYSP bet what do I need to enter in columns Q, R and S so that if the horse wins I more or less break even or at least reduce my exposure - All help appreciated - Paul
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Re: Going slightly mad with correct syntax for a lapsp bet

Postby bolpx001 » Fri Jun 19, 2015 4:50 pm

Should read Going slightly mad with correct syntax for a laysp bet :(
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Re: Going slightly mad with correct syntax for a lapsp bet

Postby Captain Sensible » Fri Jun 19, 2015 7:23 pm

Column Q has LAYSP this trigger will place a bet into the BSP pot. Column R is your odds column where you stick the maximum odds you're willing to lay at, obviously if you want to be sure of a match 1000 will ensure that. Column S is your liability for SP bets as opposed to what would normally be stake column, if you want to break even you'd enter your £60 potential profit from the BACK bet of £20 @ 4. Obviously should the horse go onto win you'd have no profit on that runner, any potential profit/loss will be spread on the other runners.
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Re: Going slightly mad with correct syntax for a lapsp bet

Postby Captain Sensible » Fri Jun 19, 2015 7:23 pm

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Re: Going slightly mad with correct syntax for a lapsp bet

Postby bolpx001 » Mon Jun 22, 2015 12:40 pm

Thank You Captain Sensible, my sanity is somewhat restored :)
I must compliment you on a very precise and clear answer :)
Paul
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