Hi beton, Bhagwan, Chrome Prince, et al.

I still don't understand where you guys are coming from with this. Does anyone else understand?

Why would you both back and lay the fav - surely they cancel each other out.

Bhagwan - How do you end up with this if your liability is $30 at the odds mentioned by beton:
If Fav wins = +8.00

If 2nd Fav wins = -$12.00

If 3rd Fav wins = -$7.72

If 4th fav wins = -$6.00

If all fall over = +$28.00

Chrome Prince wrote: "The other problem that occurs is that often the best value is on the shortest horses on Betfair.

Hint hint..."

Why are they the best value? Do you mean to back them or lay them?

There's probably heaps more questions but that will do for now.

I know I'm a (very) simple guy but I don't get it. Can you help me to understand?