subject: Who Wants Nice And Easy Profits Laying Horses? [print this page] Who Wants Nice And Easy Profits Laying Horses?
Lay betting is betting on something to lose. It means that if you Lay a horse, you want them to lose. And if it does, you win money. Many beginners think that it's easy to win money from lay betting. I've heard them say, "You bet on something to lose, that's not hard". However the most important thing they don't think about is the odds that they are betting at. Events withthat have a higher probability of losing also have much higher lay odds. They could win a few of them but when they lose once, that could decimate their profits or even worse, result in a substantial loss.
To win in the long term, you will need to determine the "value" of a bet. When laying, you want to lay at the lowest possible odds to minimise losses. This way you can afford to be wrong a few times without losing all of your betting bank. For example, if a horse was available to lay at 1.8 and you considered that it had no chance of winning, you'd lay it at 1.8 and not 2.5.
I would not class myself as a professional gambler but I've made consistent profits Laying horses to lose. I've developed two methods that I will outline here. The first method has a strike rate of over 80% with a longest winning streak of over 30 bets and a losing streak of only 4. The second method is slightly better, with a strike rate that is well over 80%, a 49 bet winning streak and again, only a 4 bet losing streak.
You only need 3 things! About half an hour to spare, a free account on the Racing Post Website and an account with a betting exchange, such as Betfair.
My first Method...
1. On the Racing Post Website, find National Hunt races held in the UK only, ignore any Irish races.
2. Find horses priced between evens and 15/2.
3. See if the horses last three races where UK National Hunt, if they were not move onto the next horse.
4. Check if the horse won its last race as a non-favorite, if not move onto the next horse.
5. Our horse will be a horse that both ran and won in the last ten days.
And the second method.
1. Look for races between 10 to 15 runners.
2. Find any non-favorites forecast at up to 6/1.
3. The horse must have run at the same track and distance before, but never won it.
4. The jockey has to have run at least five times at the same meeting but with less than 20% winning rate.
So how's that? Two methods that I use personally and I hope will work well for you too. As I mentioned, both have a high strike rate and long winning streaks. You may begin with a small betting bank of 100. On Betfair, you may also choose your maximum liability of your bets, so instead of laying 10, which could lose you 30 for example if the horse wins, you could pick a liability of 10 instead. This is not going to win you as much, but it will not destroy your betting bank after a couple of losing bets!
