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[jasonpariah]

New question sorry

The system mentions a 10% overbet.Does this mean we need to average a placed price of 10% above starting price?

[TheGoodGuy]

(Copied from a previous post).......

Overbet is basically the amount you beat the SP by (on the exchanges or, if you strike at the right time, the Guaranteed Price Bookies like William Hill, Bet365 & Paddy Power.)
You should be looking for 10% or more really.

So if a horse goes off at 5/1 and you get matched at 6.6 on Betfair you have done well.
You got 5.6/1 on a 5/1 winner so you beat SP by over 10% here.
However.....be aware that by the time you factor in commission on the exchanges you have actually got less than 10% overbet.

[jasonpariah]

Cool.

Many thanks for clearing those bits up for me Ada.