Price Boosts
Price boosts like this can offer opportunities for clever punters to make some cash. There are three method: Method 1: Guaranteed profit In this case you take the 6/1 for example available on Atletico and back the max stake of €10. You can then bet against the same horse on the exchange, i.e. lay the horse on the exchange. If you lay €12.17 at 5.8 which was available at the time of the boost (see betfair graph). Then either way if the horse wins or loses you are at least €1.56 up . Either you win at the bookie or you win on the exchange, guaranteed. Method 2: Long term Profit So you will notice that your win at the exchange is reduced due to commission, and you will also notice that the price that you lay off on the exchange is somewhat inflated with matched bettors clamouring to lay the boosted odds off for value. They push up the price. If you look at the graph of the history of matched prices on betfair you see a jump from about 4.8 to 6.2. This coincided with the time the...