Monday, 14 February 2011
Look After The Pennies
The above screen-shot (from tonight's Fulham v Chelsea Over/Under 2.5 goals market on Betfair) shows just how important it is to pay attention to the price you take.
For unders, you have two choices - back unders at 1.87, or lay overs at 2.14. A lay of 2.14 is the equivalent of backing at 1.877, and while that may not seem a lot, for someone backing with £1k, and winning, that's a lost £7.
For overs, you can either back at 2.12, or lay unders at 1.88. A lay of 1.88 is equivalent to backing at 2.136.
For the record, I have unders priced at 1.82, so I'll be laying the overs at 2.14...
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