Question about Betfair Horses
Im looking at backing some horses on Betfair but am confused as to what Im actualy betting on..
I want to back a horse to win, and under the drop down menu on the right under Lingfield I see an option - "to place" which is self explanitory and then another option which says "1M Mdn Stks".
what does 1m Mdn Stks bit mean? Is that just the prices on outright winners?
Don't know horses well enough to know what that abbreviation is, but it's just a description of the race, eg 1m2f Hcap is a 1 mile, 2 furlong handicap race.
Looking on google, Mdn Stks is Maiden Stakes, which means... something, I'm sure if I looked harder I'd find it!
Edit: too slow!
Maiden means the horses racing have not won a race yet. I would urge you to watch the betfair tutorial several times as thats explains all in detail. If you hit the wrong button on there could prove very costly.
Short answer = Yes. What you have there is just the name of the race and you have selected the market for who will win it.
Originally Posted by taylorosso
1M = The distance,
Mdn = Im pretty sure its an abbreviation of Maiden and it just means some of the horses have not raced before? I might be wrong there.
It doesnt make any difference to you though, as long as you are backing and laying the same thing what that is makes no difference what so ever.
Have a plan and stick to it
1M = One mile
Mdn = Maiden. The horses have raced before but have not yet won a race.
Stks = Stakes race, as opposed to a handicap race. In a handicap the best horses must carry more weight than the weaker horses, whereas, in a stakes race all horses carry the same weight.
Who's going to write a primer on how claimers and sellers work? And the grades? And difference between hurdles and fences? And chases? I should know these by now, but I don't!
Originally Posted by Rudolph Ucker
Originally Posted by AmeliesDad
I used to know what all these meant as a mug punter and I ended up losing a fortune.
Now I just look at the prices-back high and lay lower and I seem to win almost all the time.
A little knowledge is a dangerous thing.Best not knowing what the terms mean and just concentrate on the prices being right.