Back for Under or Lay to score?
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Something I've wondered for a while is this...
I trade under 3.5 and typically I will back for there to be under 3.5 goals. However, is it better to lay over 3.5? Does it give better odds although the result is the same?
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@julian-drake-clarke backing unders will likely be best as market tends to be more liquid on the odds on side (under 3.5 will always likely be odds on)
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I've been laying at 4.0, so willing to lose 3pts to gain 1. If I layed to win £10 my liability is £30. If I wanted to switch that to 1.33 I would need to back with £30 to win £10.
If you have Betfair set to show outcomes you can mess around with odds without placing any bets and see what seems to work for you.
At present, I'm experimenting with backing at 1.35 because the extra 2 ticks more than cover any commission. You could arguably just do it with 1 tick.
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The difference is psychological. Some people get anxious after a few losses when laying at 5. if you are losing a point, by backing at 1.25, some find it easier to take.
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No difference mate say if you lay at 5.0 with 1 point risk is 4.0 points to win 1 point its just the same as backing with 4 points to win 1 point
Lay at 5.0 risk 4 Points to win 1 point
back at 1.25 with 4 Points wins 1 Point