Betfair punters are able to diversify their betting with the Betfair Starting Price Index. Instead of simply Backing & Laying runners in a race, traders can Back & Lay on the BSP Index Market allowing them to take a position on the aggregate BSP value of all winners.
What is a ‘Betfair Starting Price Index’?
A BSP Index is the aggregate value of the BSP (Betfair Starting Price) of all winners over a pre-determined number of races. For example, the BSP Index at a 9 Race Card at Flemington would be the combined number of all 9 BSP winner prices after the end of the last race.
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Tips From The Experts
The Profits – @
UNDER 73.5 – “I’m expecting the day to start off with the single figure BSP runners taking out all but one of the first six races of the day. This will have the unders in a really good position going into the 7th where i’m expecting a total of around 40 BSP. We will be offered a very good hedging position if this is the case. $2 favourite Pilote D’Essai in Race 7 is my lay of the day. At this point, I’ll be looking to reverse my position on the unders to secure a profit, while looking to back the overs at odds i consider value make a strong position with expectations of 25-28 BSP for the final 3 races with quite a few double figure odds blowout chances providing us value in the market.”
The Betfair Insider – @
OVER 73.5 – “ Happy to take on Black Tomahawk in the first race as a starting point. Races 2 & 3 look to favour ‘shorties’ but from race 4 onwards I’m prepared to keep risking most favourites. I expect Wimborne to run a bold race in the Mckenzie Stakes which would blow the line out of the water. At the price and on the map it’s impossible not to think Pilote D’Essai is a risk, it’s ‘Grand Final’ looks weeks away. In the Carlyon I’ve suggested to lay Heatherly, but I’m fearing that Viddora or Keen Array could challenge for BSP favouritism.”
OVER 73.5 – “I will be backing the over with a line currently set somewhere in the lower 70’s. Races 1,2,4,6 & 9 start close to the off, will have a number of horses vying for favouritism and with an even spread of results I expect it to track just over par. There’s a few Weir runners at rock bottom odds now which in my opinion both have to be laid for something. Last week saw a roughie in Great Esteem (BSP $39) and a month prior we saw Astro Castro (BSP $250+) win races, if the valley tomorrow sees a roughie like this hit the line (which I believe is very possible) we only need one or two hard in the market upsets to exceed the total.
“That said, as a bookie I will obviously be cheering the overs on every occasion but understand that trading on-course and on the BSP is crucial to success.. Last week I would have tipped the under, and yes it was a tough day!”
David Duffield – @
UNDER 73.5 – “Under for me. Looks a reasonable day for the favoured runners. Although a couple of fancied runners late in the day look short enough – Race 6 Golden Mane is a risk on the Soft, Race 7 Royal Rapture looks to be poor value and Race 9 Shaf is coming off a big spike down the straight last start.”