How does greening up work?
Greening up is the process of turning a profit / no loss situation on a runner into a profit on every runner. You get into the profit/no loss situation by trading a horse (or whatever sporting event you may be trading) successfully.
How do you green up a lay bet?
To then ‘green up’, you need a second lay bet which is worked out by dividing your potential profit by the lay price. This figure is what you then need to lay the selection at. You will then see that all the selections in the event or market you’re on will turn green.
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Can you get banned from Betfair?
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How do you hedge on Betfair?
Essentially, you can hedge your bets in three different ways.
- Make a profit if the selection wins, with no profit or loss if it loses.
- Make a profit if the selection loses, with no profit or loss if it wins.
- Make a profit regardless of whether the selection wins or loses.
What means green up?
green up Definitions and Synonyms phrasal verb. DEFINITIONS1. 1. to plant more vegetation. The experts propose greening the area around The Monument up a bit in order to tackle the noise pollution.
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How do you hedge a live bet?
Hedging a bet is done by placing a second wager against the original wager that will guarantee that the bettor sees some kind of profit at the end of the event. A bettor can hedge a future bet or hedge individual games.
How do I know how much to hedge?
After calculating the optimal hedge ratio, the optimal number of contracts needed to hedge a position is calculated by dividing the product of the optimal hedge ratio and the units of the position being hedged by the size of one futures contract.
To then ‘green up’, you need a second lay bet which is worked out by dividing your potential profit by the lay price. This figure is what you then need to lay the selection at. You will then see that all the selections in the event or market you’re on will turn green. So, whatever happens in the race, you will come out with a profit of some sort.
How to calculate the profit of greening up?
So, whatever happens in the race, you will come out with a profit of some sort. The other way of calculating how much you need to stake in order to green up is to divide your return, if the selection were to win, by the lay odds. This is the sum you then need to lay at.
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How to calculate how much you need to stake to green up?
The other way of calculating how much you need to stake in order to green up is to divide your return, if the selection were to win, by the lay odds. This is the sum you then need to lay at. That is the basic maths behind it and there are plenty of betting calculators out there which can help you to do it manually.