Laying Horses To Lose:
Okay, so you can't pick a winner for toffee, they always lose, never mind, the answer’s simple, pick the same horses and lay them on Betfair. You'll be sipping champagne on your private yacht moored by the casinos in Monte Carlo in a few short months ....... and.... back to reality...........
With the advent of the exchanges, laying a horse was simplified and initially widely touted as the road to riches, unfortunately, whilst you can undoubtedly make money laying horses, it is not that simple.
Lets be honest, overall the bookies are pretty good at their main job, maths. Though they don't always get it right, more often than not they do. Given that the exchange prices will generally be higher than the bookies, and the lay price will always be higher than the back price, you will usually be laying at higher odds than those that the bookies consider fair. Whilst with the favourite’s price, you should be able to lay fairly close to the true price, as the odds go up, the price discrepancy will be greater. It is common for horses at 20 or 30/1 to be available to lay at 40 or 50/1 or more on the exchanges.
So should you discount laying? Absolutely not, you just have to get smarter and find the value in exactly the same way you would with backing. All races are not equal and the widely touted "30% of favourites win" does vary over race types and courses. This information can be used to seek out the value and produce a strategy to find value lay bets.
Some of the techniques I now employ go beyond simply laying a horse and employ the strategic betting approach used by Mike Marsland over at Big Mike Betting. The ability to lay a horse will often be used to lock in profits from other bets or combinations of bets, or to profit from the careful laying of multiple horses in running, if you want to find out more about these and other techniques I strongly recommend you visit Mikes site HERE
Of the numerous laying systems I have come across if you are interested in straight forward laying , there are only 2 specific laying strategies that I am comfortable enough to recommend, I have reviewed them below:
TOP TIP: Both systems come with a cast iron 60 day money back guarantee - so paper trade or use minimum stakes for a few weeks, and if they don't come up to your expectations, send them back - you'll have spent nothing! |