At http://www.premierturfclub.com/, hedging bets are one of the more popular types of wagers. Not only does PTC or Premier Turf Club offer a free but versatile software program that helps calculate the betting odds on individual runners, it also offers a hedging calculator wherein registered players can work out for themselves their potential winnings or net gain when trading or hedging on the exchanges.
PTC’s hedging bet calculator allows registered players to work out just how much they should lay a runner when they have previously backed it. It can, of course, also work in the reverse, if the player has first backed a runner and chooses to lay another wager on another horse. This online tool is to help players work out the stakes and prices required to guarantee a profit when trading an event. It doesn’t get easier than that. All you have to do is register an account at PTC’s website, so that you could have free access to the calculator.
The hedging bet calculator is completely automated and very easy to use. All a player has to do is to enter some pertinent data (i.e. player’s commission rate, stake money and odds used to back or lay the runner) and let the tool calculate a player’s potential net gain on the outcome of the race.
Hedging is a betting strategy that can be utilized by a player or a bookie. A player who places a considerable amount of money on a particular runner can cut his losses by placing a lay-off bet on another runner or runners in the same race. Although the net profit gain is considerably lower in amount than the one wager on one winning horse bet, this kind of betting strategy actually increases the players Win Frequency or WF.
Bookies, on the other hand, places a lay-ff bet with another bookie. This wager is usually placed on against a runner on which he has accepted bets on. Although this may look strange, this practice is actually one of the oldest uses for hedge betting. A bookie does this in an effort to cut his losses if the runner actually wins. A bookie may also do this in an effort to reduce his liability. What’s worse than a bookie who has a reputation for non-winning wagers? A hedge bet or layoff bet is often a betting strategy used by bookies to safeguard to the wagers he has laid for his patrons. The standard formula is often: bet high but lay low, or vice versa.
Keywords : Hedging, Hedging bets, hedge bets, lay-off, lay-off bets, horse betting strategy, horse racing betting, PTC, Premier Turf Club



Jimmy Mayon (MBA, BSEE) is a technologist with an enthusiasm for Horse Racing. During the last 25 years he has been managing banking and online transaction processing technologies for private and public sectors. Today he specializes in open source development using Java, PHP, Linux, and MySQL.
KANATI Inc.
www.kanati.com.ph

Jimmy Mayon (MBA, BSEE) is a technologist with an enthusiasm for Horse Racing. During the last 25 years he has been managing banking and online transaction processing technologies for private and public sectors. Today he specializes in open source development using Java, PHP, Linux, and MySQL.
KANATI Inc.