There’s a nice little hedging opportunity available tonight in the Royal Ascot Kings Stand which is Race 2 on the card.
Place a max bet of $25 at $14 on Betstar.
You can take the gamble, knowing you’ve got some great value. Shamexpress is certainly in with a strong chance after the recent win over Moment of Change. It will hit the line hard, and could pull off a great victory.
Or you can lay some or all of your stake over at Betfair.
You can currently lay Shamexpress on Betfair at $11.50. So if you laid your $25 stake your liability would be $262.50. Your profit from the back bet is $325 so you would be freerolling Shamexpress for a pretty handy $62.50 profit. Go you good thing! This is the option we are recommending.
Or if you want to guarantee profit, you could hedge for a nice little green book. Using a hedging calculator we’ve calculated that a lay bet of $30.43 on Betfair would optimally lock in $5.43 profit regardless of the result (before commission).
So whether it’s a gamble for a big win, a freeroll for a nice score, or a hedge for a guaranteed fiver, it seems like a pretty sound play whichever way you look at it.
