Bet4you Chaser Up
The Chaser UP on Hedger Pro is a method I have developed over time and I have used manually with my 'back to lay' trades. Hedger Pro has now managed to automate the method which will helps you to protect your betting bank.
The Lay Bet
The second part of a 'back to lay' trade is the lay bet, which will be a lower price than the back bet, this is automatically placed after the back bet has been matched using Hedger Pro If the price falls in-running, or before the races starts, to reach your lay bet, then your 'back to lay' trade a profitable one.
However, if you put a back bet in at say 5.0, then the lay bet goes in at 4.0 - which is a 20% target profit set on Hedger Pro, but the back price starts to go up - to say it goes up to 5.5. That’s when the chaser up kicks in. It will start moving the lay bet up in price. The chaser up moves it up to 4.5 from 4.0, this then may help your trade as the price still only needs to come down 20% from the current back price of 5.5. Without the chaser, the lay bet stays in at 4.0 and price would need to come down by 30% below the current back price, which will make the 'back to lay' trade more difficult than you first expected.
If the back price keeps going up before the off then the chaser up will move the lay bet up again, but the 'chaser up' will stop the lay bet at a scratch bet (money back), which would be a 5.0 - the same as your back bet at the start of the 'back to lay' trade.
The positive with using the 'chaser up' is this will help you when the betting goes against you and will help you protect your trade. One of the most important things in trading is to try and protect your betting bank, which the 'chaser up' on Hedger Pro will do for you automatically.
The negative using 'chaser up' is when the lay bets start to move up, it results in less profit if the 'back to lay' trade is a success.
Don’t worry if you don’t fully understand it, there’s a video in the Bet4You video section showing you how the 'chasers up' works. I will show you and explain to you how it works with Hedger Pro
Make sure to sign up to Hedger Pro and get your chaser system included in your subscription.