EACH-WAY BETTING & EXTRA PLACES: How I Make My Biggest Profits

Summary

This video script offers an in-depth guide on maximizing profits through 'each way' betting, particularly in horse racing and golf. It explains how extra places on bets can lead to significant wins, especially when using gooded accounts with no limit on maximum payouts, except for bookmaker restrictions. The script provides a clear tutorial on how to place and calculate 'each way' bets, emphasizing the importance of laying both the win and place parts of the bet. It also discusses strategies for covering the entire field to ensure a win, regardless of which horse places, and the potential for exploiting quarter and fifth odds for long-term profitability.

Takeaways

• 🏇 The speaker's biggest wins come from extra places on each way bets, particularly in horse racing and sometimes in golf.
• 💰 Significant monthly profits can be made through each way bets, which are often a mystery to newcomers to match betting.
• 🎰 The potential for profit is not capped by the betting exchange but by the bookmaker's maximum payouts.
• 🐎 When a bookmaker offers an extra place, it can lead to a significant win if the horse finishes in that place and the bet is covered by both the bookmaker and the betting exchange.
• 📊 Each way bets require laying off both the win part and the place part of the bet, with different stakes and calculations for each.
• 🧮 Calculating the lay stake for the place part of the bet involves adjusting the odds based on the bookmaker's terms, often a quarter of the odds.
• 🤔 Newcomers often find calculating the lay stake for the place part challenging, but it's a crucial step in successful each way betting.
• 🚀 Using gooded accounts can allow for multiple horses to be placed on the same bookmaker, increasing the chances of winning.
• 💡 Experienced match betters may cover the entire field in big races to ensure a win no matter the outcome, though this requires a substantial bankroll.
• ⚠️ When covering multiple horses, the liability does not increase beyond the exchange's limit of four horses that can place.
• 🔢 The odds for the place part of the bet may sometimes be a fifth rather than a quarter, requiring a different calculation method.
• 🌐 The speaker encourages viewers to like, subscribe, and comment for more match betting content and assistance.

Q & A

What is the main topic of the video script?

The main topic of the video script is teaching viewers how to make a profit with each way betting, particularly in horse racing and golf.

Why are extra places on each way bets considered profitable?

Extra places on each way bets are considered profitable because they offer the chance to win both the bookmaker's payout and the lay bet when a horse finishes in an extra place that the bookmaker is offering.

What is the typical maximum payout limit in each way betting?

The typical maximum payout limit in each way betting is not fixed and is generally only limited by the bookmaker's maximum payouts.

How does the speaker suggest using gooded accounts in each way betting?

The speaker suggests using gooded accounts to place multiple bets on the same bookmaker, covering the entire field with as many bookmakers as possible to increase the stakes and maximize profits.

What is the difference between laying off the win part and the place part of an each way bet?

Laying off the win part is straightforward, involving placing a bet against the horse winning at the odds given. Laying off the place part is more complex, requiring calculation of the odds based on the bookmaker's terms for each way betting.

How do you calculate the odds for laying off the place part of an each way bet?

To calculate the odds for laying off the place part, you take the odds of the horse, subtract one, divide by the number of places being paid (usually four), and then add the one back on.

What is the significance of 'quarter odds' in each way betting?

Quarter odds are significant in each way betting because they determine how much of the original odds are paid out for a place finish. The calculation for laying off the place bet is based on these odds.

What is the recommended approach for covering the entire field in each way betting?

The recommended approach is to use as many bookmakers as possible and to place bets on multiple horses in the same race, ensuring that you have a chance to win no matter which horse finishes in the extra place.

Why might it be harder to find close matches with fifth odds compared to quarter odds?

It might be harder to find close matches with fifth odds because the odds are divided by a larger number, making it less likely that the exchange odds will match the bookmaker's odds exactly.

What should a viewer do if they find the script hard to understand?

If a viewer finds the script hard to understand, they should leave a comment on the video with their questions or feedback, and the speaker will get back to them as quickly as possible.

How can viewers show appreciation for the video if they find it helpful?

Viewers can show appreciation by hitting the like button, subscribing to the channel, and leaving a comment if they have any questions or feedback.