Laying multiples / accumulators 'manually'

[chingkuen]

Hi, I have a question about laying multiples required for clearing bonus at Betsson, Jetbull and Sportingbet. I find out that the odds at BF multiple terrible. Can multiple be laid as separate singles? How would the calculation (in particular the amount to lay) to be calculated? I have check the thread at moneysavingexpert but that one does not specifies the portion to lay and it involves underlay

[CountryLad]

Hi, I have a question about laying multiples required for clearing bonus at Betsson, Jetbull and Sportingbet. I find out that the odds at BF multiple terrible. Can multiple be laid as separate singles? How would the calculation (in particular the amount to lay) to be calculated? I have check the thread at moneysavingexpert but that one does not specifies the portion to lay and it involves underlay

Yes. Make up your multiple with events (as few as are allowed) which finish at different times, giving you enough time to lay off the next bet after you have the official result from the previous one.

Say you placed a double and bet £10. Lay just the first bet off as you would with a £10 single. If it loses, you've won your lay and you're finished.

If it wins, you know what the odds were for that bet - lets say they were 1.9 decimal, and so you have won £10*1.9=£19. Lay off the second half of the double as if it was a £19 single bet, and you're done.

If you have to place a treble to satisfy T&Cs then if you won both the 1st and 2nd bets you would have to recalculate your stake and continue for the third bet.

The thread you are talking about on MSE may be the one about laying off the Betfair SP horse multiples offer where you didn't know exactly what price your bet was going to be at? For that offer it would be wise to underlay.

[munk]

Hi, I have a question about laying multiples required for clearing bonus at Betsson, Jetbull and Sportingbet. I find out that the odds at BF multiple terrible. Can multiple be laid as separate singles? How would the calculation (in particular the amount to lay) to be calculated? I have check the thread at moneysavingexpert but that one does not specifies the portion to lay and it involves underlay

Also see here:

The Gambling Times - Threads Tagged with multiple

especially my post here for how to lay off multiples on Betfair using the accumulator markets:

http://www.thegamblingtimes.com/boar...ubles-etc.html

CountryLad's description above is great though if the acca you're backing doesn't have a suitable acca market to lay off on Betfair (ie on Betfair you can only lay selections within the same league on an acca market (say man utd/liverpool to win), although you can lay disparate selections off on Betfair multiples but it's quite an expensive way of doing it really).

[chingkuen]

Yes. Make up your multiple with events (as few as are allowed) which finish at different times, giving you enough time to lay off the next bet after you have the official result from the previous one.

Say you placed a double and bet £10. Lay just the first bet off as you would with a £10 single. If it loses, you've won your lay and you're finished.

If it wins, you know what the odds were for that bet - lets say they were 1.9 decimal, and so you have won £10*1.9=£19. Lay off the second half of the double as if it was a £19 single bet, and you're done.

If you have to place a treble to satisfy T&Cs then if you won both the 1st and 2nd bets you would have to recalculate your stake and continue for the third bet.

The thread you are talking about on MSE may be the one about laying off the Betfair SP horse multiples offer where you didn't know exactly what price your bet was going to be at? For that offer it would be wise to underlay.

Appreciate your help very much. But I am still uncertain about:

"if it wins, you know what the odds were for that bet - lets say they were 1.9 decimal, and so you have won £10*1.9=£19. Lay off the second half of the double as if it was a £19 single bet, and you're done."


Is 1.9 the odds for the combined odds of the double or just the second part of the double?

Suppose I have got a double formed with a 1.3 single and a 1.5 single. The combined odds would be 1.95. I bet 10 quids on it.

Now at betfair I found a match of 1.35 for the first part of the single. I lay 10 quids on it. Suppose the lay is lost. So I am at loss of 13.5 at betfair.

For the 2nd part of the double, I find a match of 1.55 at betfair, if I lay 10 X 1.95 quid on it, I would risk losing 19.5 on it. The win from the bookie of a 10 quid bet on 1.3 X 1.5 would not cover the loss of 13.5+19.5 at betfair.

Can anyone use my example to illustrate how I should lay at betfair?

[CountryLad]

Appreciate your help very much. But I am still uncertain about:

"if it wins, you know what the odds were for that bet - lets say they were 1.9 decimal, and so you have won £10*1.9=£19. Lay off the second half of the double as if it was a £19 single bet, and you're done."


Is 1.9 the odds for the combined odds of the double or just the second part of the double?

Suppose I have got a double formed with a 1.3 single and a 1.5 single. The combined odds would be 1.95. I bet 10 quids on it.

Now at betfair I found a match of 1.35 for the first part of the single. I lay 10 quids on it. Suppose the lay is lost. So I am at loss of 13.5 at betfair.

For the 2nd part of the double, I find a match of 1.55 at betfair, if I lay 10 X 1.95 quid on it, I would risk losing 19.5 on it. The win from the bookie of a 10 quid bet on 1.3 X 1.5 would not cover the loss of 13.5+19.5 at betfair.

Can anyone use my example to illustrate how I should lay at betfair?

You only win a double if both events win - so if the first one loses, you're finished.

For the first leg you treat it as a bet of 1.35. If you can match this at the exchange at e.g odds of 1.36, 5% commission; you would lay £10.31, just as you would if it really was a single bet, for a loss of 21p whether it wins or lose. Remember, if this loses, you have lost the whole multiple, and have finished, being 21p down on your £10 stake.

If you win, then and only then do you have to worry about the second leg. Again you treat it as if it were a single bet, and you have won £10*1.35=£13.50 from the first bet, which you have to feed as your stake into your second bet. So with your figures, your second bet is £13.50 at odds of 1.55. Say you can get lay odds at the exchange of 1.56, then you would lay £13.86 (remember you are matching a bet of £13.50 now), for a loss of 34p, whether you win or lose.

Any better

[munk]

I will move these replies re laying multiples manually into their own thread I think, excellent answers from CountryLad that merit being in their own thread cheers

[etherz]

Yep, accumulators are one bet I have never dared touch, with your explanation CountryLad it just clicked ;-)

[Grandthrax]

Very good explanation CountryLad. Clever way of approaching accumulators. I wonder if there is some way to dutch it...

[butty]

Very good explanation CountryLad. Clever way of approaching accumulators. I wonder if there is some way to dutch it...

you'd dutch it just like any other dutch.
You treat each leg of the acca as a single event (as per CLad above)

The thing to watch particularly is that the two legs have sufficiently different start times that you'll have time to lay(or dutch) each one off separately.

[CountryLad]

Thanks guys!