stormswift wrote:
Perhaps if you read all the post instead of just the odd line here and there you'd see I backed the CS's 1pt lower to get a free bet on that score of the stake. So no I won't win more by hedging all the scores. Commission is only paid on wins I thought, so I'd only pay it on one market anyway. Either the CS wins or the o1.5 does
I did read the whole post mate, just didn't need to quote all of it.
You're right, commission is paid on wins only but in order to hedge bets on two markets you need to place a bigger stake on over 1.5 in your case.
Say you backed 0:0/1:0/0:1 with equal stakes of 100 and then layed these scores 1 point lower.
You're left with 95 green (assuming 5% commission) on 0:0/1:0/0:1 and 0 on higher scores.
In order to secure equal profit on all scores you need to back over 1.5 with 64.40@1.5 and you'll have a profit of 30.59 on all scores.
When over 1.5 starts trading at 1.5 the odds for under 1.5 will be 3 so the mean odds for 0:0/1:0/0:1 will be 3 and if you hedge your free bets of 95 at 3 you'll secure a profit of 31.67, 3.5% higher than the 30.59 in the first scenario.
