Hedging Help Please Lads!

[Thierry Henry]

Ok - I've got a £10 EW Accumulator on the following

Grey Abbey - 5/2 - 1st

Montifault - 13/2 - 3rd

Kadount - 11/2 - 2nd

Chilling Place - 8/1

Now I calculate that this returns £303.93 for a profit of £283.93.

I'm thinking that if I lay Chilling Place in the place market to a liability of £140 then I am ensuring a profit whatever happens??

Help greatly appreciated!

[Workshy]

place odds? 1/4 or 1/5?

[Thierry Henry]

1/5 :)

[Thierry Henry]

Basically I want to win the same whether he places or not!

[Thierry Henry]

Or I lay to a liability of £200 - I win £83 if he places - £88 if he doesn't - is this correct?

[vegyjones]

Yep!

Of course, it depends on the place odds,
but if you can get that then that's good! :wink

[Thierry Henry]

Ok - my return above was wrong - it returns £193.04.

I've layed it to lose £120.

If it places I win £73.04

If it doesn't I win £57.

Cheers! :)

[Workshy]

My calcs dont match yours in terms of profit so I wont go into the place lay :laugh

[Workshy]

Ok - my return above was wrong - it returns £193.04.

I've layed it to lose £120.

If it places I win £73.04

If it doesn't I win £57.

Cheers! :)

Nice one TH, glad you've now correct the returns :D

[Thierry Henry]

Yep - I had the 1/5s and 1/4s wrong.

I'm happy with that now! :)

[Workshy]

Wise move :D

[vegyjones]

Got it on in time...

pulled up lame!

[Thierry Henry]

Pulled up so good decision.

Cheers guys! :)

[Win2Win]

If you can get a free bet at any time on the exchanges do it.