Home › Forums › General Sports › Lay betting
- This topic has 5 replies, 3 voices, and was last updated 12 years, 4 months ago by
gamble.
-
AuthorPosts
-
September 11, 2009 at 00:37 #12607
Anyone think anything of this, like betting on ‘losing’ horses – I’m new to betting, so if you back losing horses, isn’t that easy, or are you meant to bet a selection etc., like an accumulator to get anywhere? What does anyone think of Ian Burrows’ service, if you know of it? Thanks everyone![/b:1sp2oeu5][/i:1sp2oeu5][/color:1sp2oeu5]
January 19, 2010 at 01:31 #270762Get a long necked filly
with difficult pace
and lay it till
your blue in the faceDon’t touch accumulators
they gang up against you
and you’ll lose your wedgeJanuary 19, 2010 at 05:01 #270763Anonymous
Inactive- Total Posts 17716
One way of making your betting pay is to lay one horse only in each race but it takes a lot of your time up. Start with say 2000 pounds and never lay a horse for more than 20% of your pot. That way you will get past the bad periods without losing everything. If you lay 3 or 4 horses on the trot at average odds of say 16/1 and they all win that takes some doing…you would have to be the unluckiest person on the planet.
To do something like this you have to be prpeared to lay 12/1 (Industry) shots at 20/1 as Betfair prices tend to be much longer and probably more realistic on horses with apparently no chance.
I did this for a while and it does pay but you have to be there or have a very healthy account to back up your bets. I grabbed a section of bets off an old spreadsheet and on the first day my total liability would have been 4,032 quid had they all won but on day 2 it would have beeen over 13,000 quid. So you would need that amount in your account if you were puting the bets on and going to work for example
After 3 days there’s about a grand profit which is the equivilant of puting 2k on one horse at 1/2 which most punters would be happier to do and get it over with.
The big drawback is time if you want it to make it really worth your while. On the example below there are over 70 bets in 3 days and an average win bet of something like 55 quid.
BUT! When you lay one that wins and you will, you need about 10 to lose to get that money back. You could find yourself working for 2 days sometimes for 10 quid but unless you are very dumb, very unlucky or both you should make a good profit at the end of the day, the odds are very much in your favour, if you have good knowledge of racing. Doesn’t take a genius to work out when some trainer’s horses aren’t busy.
As far as IB Service or paying for any other service or system forget it. Guys on here know as much and more as they do and charge nothing to help you.
If you visit lays and plays section there are many different ways of betting explained that you can try until you find one that fits your needs.
What’s most importatnt is you don’t go in head down.
My advice if you want to lay horses like the example below is do not bet for at least 2 weeks. Make up a spread sheet and run a trial first. If you find you have a knack for it then do it for real.
Don’t try laying horses that look like they will lose because you think somehing else looks a sure fire winner. You would be just as well backing to win if you find yourself thinking like that….. back the ones you think couldn’t win if everything else stopped dead or you will lose your wad in no time………betting small and often at long odds on the biggest monkey you can find is the name of the game…Occasionally you might have 15 quid on 2 33/1 shots because there’s only 5 or 6 runners and 4 all look like they could win…….Better winning lots of 15 quids than trying to win 115 quid in one go. Keep the odds in your favour and it will work get greedy or take too many chances and you will lose.
Day1 Meeting Result
Cheery Cat Yarmouth 12.5 36 450 Lost 2,286
San Sebastian Beverely 12.5 35 438 Lost 2,321
Crukadyke Yarmouth 4.5 100 450 Lost 2,421
Drift and Dream Sandown 5.3 80 424 Lost 2,501
Mercers Row Beverely 7.2 65 468 Lost 2,566
Readymade Yarmouth 6.8 75 510 Lost 2,641
Henry San Sandown 11 50 550 Lost 2,691
Captain Scooby Beverely 8 65 520 Lost 2,756
Hidden Door Yarmouth 8.2 60 492 Lost 2,816
Day 2 2,816
Alkhataaf Newbury 4.9 100 490 Lost 2,916
George Benjamin Ayr 13 30 390 Lost 2,946
George Benjamin Ayr 11.5 20 230 Lost 2,966
Sophie’s Beau Newmarket 6.2 80 496 Lost 3,046
Silver Rock Newbury 14 40 560 Won 2,486
Original Dancer Ayr 5.8 80 464 Lost 2,566
Miss Miracle Newmarket 6.2 90 558 Lost 2,656
Halicanarsis Newbury 14.5 35 508 Lost 2,691
City Leader Newbury 18.5 30 555 Lost 2,721
King of Rome Newbury 22 25 550 Lost 2,746
Bluei Ayr 6.4 90 576 Lost 2,836
Arabian Pride Ayr 14.5 40 580 Lost 2,876
Universal Circus Ayr 14 40 560 Lost 2,916
Shayeg Newmarket 7.8 60 468 Lost 2,976
puff Newbury 7.8 70 546 Lost 3,046
Lowdown Ayr 10.5 35 368 Lost 3,081
Ashram Newmarket 9.2 35 322 Won 2,759
Sillah Ayr 7.8 80 624 Lost 2,839
Essexbridge Newmarket 9.6 50 480 Lost 2,889
Sassanian Newmarket 19 30 570 Lost 2,919
Humble Opinion Newbury 9 60 540 Lost 2,949
La Zamora Ayr 16 30 480 Lost 2,979
Kahfre Newmarket 15 35 525 Lost 3,014
Benfleet Boy Newbury 7.2 60 432 Lost 3,074
Benfleet Boy Newbury 7 20 140 Lost 3,094
Digger Derek Ayr 7.8 60 468 Lost 3,154
Rose Alba Newmarket 8.6 70 602 Lost 3,224
Summer Soul Ayr 15 40 600 Lost 3,264
Day3 3,264
Colepeper Catterick 1.25 4.2 130 546 Won 2,718
Aquarian Spirit Ayr 1.35 6.6 80 528 Lost 2,798
Good Gorsoon Newmarket 1.45 8.4 60 504 Won 2,294
Art Scholar Newbury 1.5 7.2 80 576 Lost 2,374
Diktalina Catterick 2 8.6 50 430 Lost 2,424
Quest for Success Ayr 2.05 13.5 40 540 Lost 2,464
My Gacho Ayr 2.05 27 20 540 Lost 2,484
Awzaan Newbury 2.2 3.9 140 546 Won 1,938
Storyland Newmarket 2.25 7.5 75 563 Lost 2,013
Game Rosanna Catterick 2.3 5.5 75 413 Lost 2,088
Conniption Ayr 2.35 9.2 40 368 Lost 2,128
Midnight Martini Ayr 2.35 14 40 560 Lost 2,168
Janie Johnstone Ayr 2.35 29 15 435 Lost 2,183
Antinori Newbury 2.5 8.2 60 492 Lost 2,243
Cil Rialaig Newmarket 3 7.5 25 188 Lost 2,268
Full Toss Catterick 3.05 7.2 75 540 Lost 2,343
Novay Esshay Newbury 3.25 5.8 75 435 Lost 2,418
Odds and Evens Ayr 3.1 8.4 60 504 Lost 2,478
Mac Gille Eoin Ayr 3.1 17.5 29 508 Lost 2,507
JJ the Jet Pane Newbury 12 45 540 Lost 2,552
Takaatuf Catterick 3.35 6.4 80 512 Lost 2,632
Damika Ayr 3.5 8.6 65 559 Lost 2,697
Contradanse Newbury 4 13 30 390 Lost 2,727
Christmas Carol Newbury 4 16 20 320 Lost 2,747
Yes Maggie Newbury 4 32 20 640 Lost 2,767
Steel Stockholder Catterick 4.1 7.8 80 624 Lost 2,847
Dream Lodge Ayr 4.25 5 110 550 Lost 2,957
Baili Me Ayr 4.25 9 60 540 Lost 3,017
Viviani Newbury 4.35 13 40 520 Lost 3,057
Fell Pack Catterick 4.45 7.2 80 576 Lost 3,137
Barliffy Newmarket 4.5 7.8 80 624 Lost 3,217
Scuffle Ayr 5.1 7 7 49 Lost 3,224
Soto catterick 5.2 9.8 50 490 Lost 3,274
Silver Prelude Newmarket 5.25 11.5 50 575 Lost 3,324January 19, 2010 at 17:52 #270882Very able work Fist
and a nice win ratio.
It can be very disheartening
when a loser comes along
so I would put a max up of 15%
and for a newcomer possibly 10%
of said bank.Hope you selected a
representative sample
there boy, and officer
Dibble is impressedJanuary 20, 2010 at 09:24 #270996Anonymous
Inactive- Total Posts 17716
Thank you kind Sir. That sample is a little bit less than what I would average.
You’re right about the liability although I did it after I got x amount in front but a newcomer should start lower.
It is mega important you keep it in check and it has to be realistic.
If your pot grows to 20,000 quid then you are approaching the danger zone.
You must be in a position to get matched. There are times when the rag you want to lay is say 5.0 and you might get 500 quid matched but all bets should have the same liability. In other words can you get 200 quid matched at 11 or 100 quid at 20 in the next race?
I would recommend every 7 days you work out your average stakes and average odds.
What can happen very easily as your pot grows, your liability per race grows with it and you will be tempted to start taking chances you didn’t take in the early days just to get on. You will start losing and you will find the 8.5 average odds you were laying before are now 6.8 or something.
The thought of having only 40 quid on at 33/1 no longer appeals to you despite the fact all those 20 quids you had on at 33/1 played a big part of what got you up there in the first place.
Just keep reducing that liability as the most important thing is you can get matched right across the board.
It’s an easy way to make betting pay but very tiring and time consuming. As Gamble says what a sickener when that 50/1 shot romps home and you just lost 2k but that’s no different than laying one at 2 and losing 2k.
Your liabilty is your liability just forget it and remember the odds are stacked in your favour or you wouldn’t have a 2k liability in the first place.
Golden rulStick to finding those rags it doesn’t matter if they are 50/1 if your pot has grown and you only earned 30 quid…….it was for old rope.
I had a great run doing this, took the money and ran. I found it taking up too much of my time and at my age sitting at a computer for 4 hours solid racking my brain knackers me.
I am now doing my Mark II version and reduced my time by 75-80% but I’m keeping that one to myself for now.
January 20, 2010 at 17:21 #271119Dibble back here
Time spent in the alley
is highly significant
and who wants
to sit gluey eyed at
a computer all day
getting a wooden *rse.I too have forsaken
gun accuracy
for a bit more R&R.
A stroll on the cliff
a bracing wind
a cup of cha
thats life on the beat
the daytime shift
beats the flies
on Patong beach
nostril in,
then a heavy bag
to carry me back home
and me krone -
AuthorPosts
- You must be logged in to reply to this topic.