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« Wednesday 5th September 2007 | Main | Friday 7th September 2007 »

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Elaine Cullum

I'm not much good at trading, but fail to comprehend the method in the last race of Sept 7th. where..."I laid "I Have Dreamed" for £15 @ 5.3 before greening up by backing £3 @ 8.5 giving a profit of £12.

I don't understand how this "greens up" anything. If the horse lost then the £12 profit would have been made, but if the horse won, a considerable loss would have been made.

I thought that "greening up" was when a profit was made whatever the outcome?

Elaine
Brixham
Devon

Ray

Hi Elaine,

Thanks for your comments. You are right I used the wrong term as I should have said backed back £3 @ 8.50, sorry.

Ray

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