All I used to do with unibet 2nd/3rd was back the fav and lay it off on betfair at the closest lay price i could get. It worked a good number of times. At worst i'd lose a couple of dollars due to the price diff on betfair but it was well worth it. I remember Melb Cup last year when Tom W was offering money back to 5th place. I did this along with unibet and another bookmaker and ended up making $400 risk free - it was a fluke though as mu horse came 4th - this was the best possible outcome.

If it runs unplaced?

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Then I end up even +/- a few dollars, depending on the back/lay prices I took. Am I right in assuming everyone here doesn't do this? It's free money lol.

Yeah I can't get past: OK if it wins, OK unplaced (as layed to win & place) but end up with a liabilty if it runs 2nd or 3rd) could be just my brain not working properly?

It's not hard to work out.

I backed the fav on unibet or the 2nd fav then laid the horse off on betfair for the closest price i could get, then just sit back and wait. It comes 1st - you end up about even, same for 4th or worse. 2nd or 3rd and you're in the money (as you get a refund through unibet, but still win the lay on betfair). It's as simple as that.

sweet

working example,

last night Spirit of boom $4.60 with a certain mob who were offering the 2nd 3rd deal. BF lay price was $5.90 (at that stage)

So $100 win on SOB
now lay it (what amount?) but if we lay it $100 @$5.90

This is how we stand:

If it wins = lose $490-$360 = $130 loss
If it runs 2nd or 3rd yes we win $100 less commission say $94 Profit
If it loses altogether , we lose $100 but win $94 so $6 loss

So doing it this way you're risking a loss of $130 for a possible gain of $94, which equates to having a $130 bet on a $1.40c favourite.

Having said all that I still feel there is a way to cover all and still make a small profit no matter what , but at a loss as to how to do maths. ?.... anyone?

Why would you even be considering that? The back and lay prices are too far apart and it's too far out from the race.

PAT123, we're on the same side, I would not consider doing that , and that's what I find when they are offering money back 2nd & 3rd, their price for the fav. is ridiculously low. IF you can get close yes a different proposition, but so far I haven't been able to make it work, apart from today when as I said I dropped a clanger but scrambled out of it reducing my liability, I was left in a position almost break even but a profit if it won; and it did I re-backed it @ $5.50 so saved the bacon!

PS. I like to get set Friday night if I can, sure I could do better (usually) if I really concentrated but if I'm locked in for a profit, I prefer that, then not sat in front of the comp like a stunned Mullet!

[QUOTE=partypooper]

last night Spirit of boom $4.60 with a certain mob who were offering the 2nd 3rd deal. BF lay price was $5.90

Hi P.P.

Was that certain mob the first one top left in green,
Where the analyst picked the winner?
I may be wrong.

http://www.racenet.com.au/breeding/...kies_240514.pdf

Cheers.
Garyf.