Matched Betting Question Extra Place - Urgent Help Needed

OCTOPUS

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Help needed, I am just trying to get my head round extra place offers, using the odds monkey extra place matcher and following that. I am doing the following offer today:


Nass 16.25 Paddy Power - Luke Short
Back £20 (£10 each way) - Odds 11
Win Lay Betfair Exchange - Odds 15.50 - Lay 7.12 (liability £103.24)
Unfortunately, I am unable to lay the place bet, (lay odds 980), as Oddsmonkey has suggested layin £0.03, but there is a minimum lay stake of £10. Do I just not lay it or use another exchange? Confused. Help much appreciated
 

rninja

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Hi,
You need to wait for the place market to form at Beyfair Exchange. Don't panic. Then, place your lay bet late this morning/Early afternoon (I'd queue a lay at 3. Something given your win odds are 10/1 (11.00).

Irish racing often has poor liquidity at y Ht exchange unless it's a big meeting.

You've taken a poor match here, try for 87+ % on the Matcher for your next one. Otherwise you're taking negative expected value.
 

OCTOPUS

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Thanks very much for the advice, still trying to get my head round a lot of it.
 

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