Backing in the place market depending on what is happening in the win market (in play betting only)
For races with 3 places, when the horse placed 7th in the win market becomes 20.00 or longer back the favourite in the place market. Odds must be bigger than 1.30 in the place market. If bet not taken within 3 seconds, cancel the bet. If the horse moves to 4th in place market after the bet is taken, then hedge the bet. Bets only to be placed after 3/4 of the race has been run.
For races with 2 places, when the horse placed 5th in the win market becomes 20.00 or longer back the favourite in the place market. Odds must be bigger than 1.30 in the place market. If bet not taken within 3 seconds, cancel the bet. If the horse moves to 3rd in place market after the bet is taken, then hedge the bet. Bets only to be placed after 3/4 of the race has been run.
Stake 3% of bank per race, and no races under a mile to be considered.
Thanks
Nick