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Originally Posted by AngryPixie
Chrome
Can you always green up? Or are there times when you can't fully cover your position?
Pixie
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AngriePixie,
At the level I'm at at the moment, I can always get set for the dollars, the hurdle is getting set at the right price.A lot of races I only get marginally matched, so the profit is minimal, but some lovely races I get matched right up to 100% plus overlay
This is really where the profit is, but you just don't know in advance what peopole will take, so I have to set it up in increments.
Here's a typical example of my bets
$6.00 @ $2.48
$12.00 @ $2.64
$18.00 @ $2.81
$24.00 @ $2.97
$30.00 @ $3.14
$36.00 @ $3.30
etc
etc...
Most of the time I'll be matched only up to $18.00 but sometimes I've been matched right up to $60.00 plus! (very rare).
The reason the bet size is so small, is that my bank isn't huge at the moment, and I'm outlaying these amounts on bet and lay on multiple horses over all races at once. I want to limit my bank exposure until I have a little more ammo behind me.
(I should add that obviously some prices aren't accepted due to allowed increments, however, I just roundup the price requested).