after abit advice please. i put £50 on higgins at 8/1 at the start of the tourny. This might sound abit noobish but how can i gurantee myself a reasonable profit for the final?
thanks
hope this is right, I'm rushing it, can someone check over the numbers?
simplest way in a 2 horse race is to back the oppo. assuming it's murphy he'll probs be around evens
-betting £50 on murphy means if he wins you'll break even overall, if higgins wins you'll be up £350
-betting £400 on murphy means if he wins you'll be up £350, if higgins wins you break even
anywhere between £50 and £400 you'll make a profit whoever wins
-£225@evens will be a return of £450 whoever wins so a £175 profit
will obv depend on the actual price but that won't be far out