THE BETOMETER HELP GUIDE
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In a rising market (odds increasing) Lay first - Back 2nd
In a falling market (odds decreasing) Back first - Lay 2nd
A Hedge bet can secure a guaranteed profit, no-matter what the outcome of the race/event.
The Betometer Hedge function works by calculating the correct stake required to make an equal profit across all runners by using the matched bet of the selection. So to work, first you need to place a bet and then it must be matched.
Hover your mouse over the Hedge button and the expected profit and loss will appear next to the matched profit and loss figure under the selections name.
This alone can be a very profitable strategy. The Betometer has several methods for finding where the Value is and which direction odds are likely to move. The Autohedge strategy can of course be applied manually using the Hedge function
You can use the Hedge function at anytime to 'green up' your matched bets to create a no lose position, or to get out of a trade that you are not happy with.
We recommend that you use Test Mode while you are learning.
Hedge Bets
For the Autohedge function click here.
Hedge bets are actually 2 bets and can be successful on any movement of the odds, up or down. Odds increasing or odds decreasing dictate the order of Hedge transactions.