Home › Forums › Betting Chat – Bets & Tips › How to create a lay system?
- This topic has 18 replies, 10 voices, and was last updated 1 year, 11 months ago by
Lonesilver.
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- March 21, 2022 at 16:40 #1589229
Used to use a spreadsheet.
Do the form for a race and put in my perceived percentage chances.
Had to total 100%.
Then id do he book based on my perceived %s. Lay or back accordingly.
There were a few “bots” which could make it easier but i only used them for trading prices and the book features it think would have cost more money. If I had had more time I may have dabbled in that.February 18, 2024 at 23:26 #1681675The method of gingertipster is the way to go. If I can find them I will report back but a few years ago I rated over 3000 horses and determined an edge %. For instance if I rated a horse 3/1 (25%) I needed 4/1 (20%) before I logged the selection as a bet and in reverse if I rated a horse $20 (5%) I logged them as a lay at $10 (10%). Both methods did ok without being startling however I did not want to do the form on every single runner and then price them all and then be hunched over a screen all day nor did I want to spend time learning Betangel and any other similar setup. It just did not fit into my personal family/wife life. There was also the really annoying times when a track was rated good on a Thursday yet on raceday conditions changed.
These days I find it easier, though “easier” is the wrong word, to just pick best bets, follow a trainer or two at the right odds and back the odd roughie that I feel the market has wrong. - AuthorPosts
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