These are different trading strategies, all included in HR BACK2LAY. They consist of placing a back bet before the race at the current odds (or SP) and then placing a lay bet at lower odds. The odds of the lay bet will depend on the strategy used.
Trading strategies explained:
- DOB
It is the best known in the betting world. DOB literally means Double or Bust. This is an even money bet. You back a horse before the off then you lay it at half-price with a double stake with the aim of having it matched inplay.
e.g. BACK £10 @5.0 – LAY £20 @2.5
If the two bets are matched, you win your initial stake, if the lay bet is unmatched, you lose your initial stake. - TROB
It is like a double DOB. This is an 2/1 bet. You back a horse before the off then you lay it at one third-price with a treble stake with the aim of having it matched inplay.
e.g. BACK £10 @5.0 – LAY £30.30 @1.65
If the two bets are matched, you win twice your initial stake, if the lay bet is unmatched, you lose your initial stake.
- HDOB
It is like a half-DOB. This is an 1/3 bet. You back a horse before the off then you lay it at three quarter of price with a half stake with the aim of having it matched inplay.
e.g. BACK £10 @5.0 – LAY £13.33 @3.75
If the two bets are matched, you win a third of your initial stake, if the lay bet is unmatched, you lose your initial stake. - PERCENTAGE AVERAGE
It is a bet based on the average % drop in odds of the horse in-play in its previous races. - PERCENTAGE AVERAGE DEVIATION
It is a bet based on the average deviation % drop in odds of the horse in-play in its previous races. - TICKS AVERAGE
It is a bet based on the average drop in odds in number of ticks of the horse in-play in its previous races. - TICKS AVERAGE DEVIATION
It is a bet based on the average deviation drop in odds in number of ticks of the horse in-play in its previous races.