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Back/Lay betting calculator
The Back/Lay calculator calculates
the stakes for:
- Locking in a guaranteed level profit after a price
rise (greening up)
- Locking in a guaranteed level profit after a price
fall (greening up)
- Arbing Back and Lay prices simultaneously for
a guaranteed level profit

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Locking in a guaranteed level profit after a price
rise (greening up)
In this example, you layed Tim Henman at 1.10
for £1,000 when he was 2 sets up because you thought
he would crack and let Tursonov back into the match. Sure enough Tursonov
won the next set, pushing Tiger Tim's price out to 1.50.
You would like to close the trade and go all green. Arb Cruncher instructs
you to back Henman for £733.33 in order to win £253.34
whatever the final result. Other terms for a price rise are "lengthening"
and "drifting".
Locking in a guaranteed level profit after a price fall (greening up)
You backed Chelsea 2.25 before the teams were
announced and they have now shortened to 2.00 on news of
their opponents' depleted line-up. Wary of the draw, you want to green up
for a guaranteed profit before the match has even started. Arb Cruncher
instructs you to lay the Blues for £562.50 for a
level profit of £59.37, ie the P&L of all 3 outcomes
on Betfair would be a green £59.37. Other terms for
a price fall are "shortening" or "coming in".
Arbing Back and Lay prices simultaneously for
a guaranteed level profit
A horse can be simultaneously backed on Betdaq at 2.54
and layed on Betfair at 2.24. There is only £500
available on Betdaq, so you would like to know how much to lay the horse
for on Betfair to guarantee a level profit after commission. Arb Cruncher
instructs you to lay £569.36 on Betfair to guarantee
a profit of £40.89 whatever the result.
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