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Old 18 Sep 18, 08:40 PM  
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#3741
gforce_iom
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Help! I have Liverpool 2 up

Placed £50 at 2.15 B365 and layed at Smarkets 2.28... how do I lock in profit? Have multiple bets at smarkets so can’t trade out!
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Old 18 Sep 18, 08:40 PM  
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#3742
OLS
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Originally Posted by duckfan View Post
In fact you'll trade out for a profit
So as I was doing the calculator for the 16 odds Liverpool scores so 1-2 has shot up to 44 doh!

Gonna have to let this one ride I think and learn a lesson

I think I lost some money on my mistake - this is my smarkets



Does this mean I’ve made £3.80 or lost £3.80?

Note to self, don’t try and rush this on your phone while DS is watching the flash with you and wittering about the show - get out the laptop and do it properly!

I also have PSG for 2up so that’s splatted as well 🤦🏼
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Old 18 Sep 18, 08:41 PM  
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#3743
orlandochris
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Right, could cash this out for £25 now but I'm tempted to wait and maybe let it ride. I'm not watching it, are Liverpool dominating? Stats seem to suggest t's fairly even.
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Old 18 Sep 18, 08:42 PM  
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#3744
orlandochris
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Originally Posted by gforce_iom View Post
Help! I have Liverpool 2 up

Placed £50 at 2.15 B365 and layed at Smarkets 2.28... how do I lock in profit? Have multiple bets at smarkets so can’t trade out!
If you're with PA use their Early Pay Out Calculator (under the Advanced Calculators menu). Oddsmonkey and ProfitSquad should have similar.
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Old 18 Sep 18, 08:42 PM  
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#3745
gforce_iom
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Wow PSG scored ... help!
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Old 18 Sep 18, 08:44 PM  
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#3746
gforce_iom
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Not a member of website with calc!
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Old 18 Sep 18, 08:45 PM  
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#3747
fluff48
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My Betfair has cash out on Liverpool for £32.52. With -28.90 profit.
Liability is 60.87 on a 50 bet. Is the 32 profit?
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Old 18 Sep 18, 08:46 PM  
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#3748
gforce_iom
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Placed £50 at 2.15 layed £47.56 @ 2.28...

What do I do? !
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Old 18 Sep 18, 08:48 PM  
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#3749
duckfan
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Originally Posted by gforce_iom View Post
Placed £50 at 2.15 layed £47.56 @ 2.28...

What do I do? !
At current back odds of 1.37 you need to place a back bet of 78.46
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Old 18 Sep 18, 08:48 PM  
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#3750
orlandochris
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Quoted from duckfan a few pages back. This gives you the logic you need o use:

You either need an early payout calculator which will tell you to place a back bet on that team at the current odds, and how much to back, or you can work it out yourself.

I do it as total return on the original back bet e.g. £100@2.0=£200

Then divide by the new back odds, so if 1.3 ... 200/1.3= new back stake of £153.84

In that case you'd be £46.14 better off
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