Cutting your losses from one ore more bets by placing a new bet to generate an equal loss regardless of the event outcome. The resulting loss will be lower than the loss you are trying to distribute.
This operation is a reverse of greening up.
Placing bets of the same type (i.e. all back or all lay) on two or more selections with an intent to generate equal profit if any of them wins (if you are backing) or if any of the other selections wins (if you are laying).
New customers only, bet up to €/£20 on the Exchange and if your first bet loses, we’ll refund you €/£20 in Cash. Bet must be placed in first 7 days of account opening. T&Cs apply.
Gamble responsibly! Always be aware that betting is NOT risk-free. You must be 18+ years old before you try gambling, but even as an adult, withhold from spending money in an ill-judged manner. Our company does not encourage you to prefer gambling over other meaningful activities. If gambling is affecting your life or the lives of people close to you, please contact GamCare