Horse Laying Training

[PSD999]

I will finish when zero will be in bank
Starting bank: 2000€
Stake: 2% of my actual bank

[PSD999]

Day 1:

lay Kingdom Of Fife (14:10 GOODWOOD) 40€ @11
lay Hes The Star (14:25 THIRSK) 40€ @12
lay Colorado Gold (19:00 NEWMARKET) 40€ @11

[mproud1]

are you in the U.K.?

[PSD999]

are you in the U.K.?

no
Slovakia, Europe

[PSD999]

Day 1 results:
lay Kingdom Of Fife (14:10 GOODWOOD) 40€ @11 W38,64€
lay Hes The Star (14:25 THIRSK) 40€ @12 L480€
lay Colorado Gold (19:00 NEWMARKET) 40€ @11 W38,64€

starting bank: 2000€
current bank:1597,28€
profit: -402,72€
W:2
L:1

[neila]

Well, obviously, I don't understand. What do you mean lay 40 @ 11 and 40 @ 12. So, you hit 2 out of 3 and your down -402 and change. I don't get it. Of course, that's what my wife says all the time.

[PSD999]

Well, obviously, I don't understand. What do you mean lay 40 @ 11 and 40 @ 12. So, you hit 2 out of 3 and your down -402 and change. I don't get it. Of course, that's what my wife says all the time.

http://help.betfair.com/contents/ite.../index.en.html

[neila]

Thanks for the link. That's a new concept for me. I know if I were right 2 of 3, I would be having a good day. So, if I'm reading this right, 40 @ 11, you have to be right (i.e. pick a loser) 92% of the time to make any money? Interesting.

[jw]

Thanks for the link. That's a new concept for me. I know if I were right 2 of 3 I would be having a good day. Good luck!

Picking losers isn't as easy as you might think

I tried laying - but couldn't get my head around winning small amounts for the potential big loss ..... I did quite well beating short price favorites for a few months .... but then I figured out if I could beat the fav on a regular basis .... I had a much bigger chance at getting a long price winner.

[neila]

Picking losers isn't as easy as you might think

Yes, I agree JW, especially since the public tends to overbet the favorites. I did an extensive study of the lines many years ago at my local track and found that most of the medium to long price horses were actually overlays in relation to their odds. They didn't win a lot, but they won more than their odds suggested they should have. To me that would make a "lay" strategy very difficult. It's interesting and I look forward to following the OP's results.

[PSD999]

Day 2:

lay Nimue (14:50 THIRSK) 32€ @3,5
lay Pausanias (16:15 GOODWOOD) 32€ @2,08
lay Mutanaker (16:55 DONCASTER) 32€ @2,5
lay Aleqa (18:55 LINGFIELD) 32€ @2,3

[PSD999]

Day 2 results:

lay Nimue (14:50 THIRSK) 32€ @3,5 L112€
lay Pausanias (16:15 GOODWOOD) 32€ @2,08 L66,56€
lay Mutanaker (16:55 DONCASTER) 32€ @2,5 W30,91€
lay Aleqa (18:55 LINGFIELD) 32€ @2,3 W30,91€

starting bank: 2000€
current bank:1480,54€
profit: -519,46€ all going according to plan, zero soon
W:4
L:3

[PSD999]

Day 3:

lay Cilium (16:10 CORK) 28€ @48
2% strategy is boring, so I changed it

[PSD999]

lay Cilium (16:10 CORK) 28€ @48 W27,05€

[PSD999]

lay Angel Stevens (16:25 GALWAY) 37€ @40

[PSD999]

lay Angel Stevens (16:25 GALWAY) 37€ @40 W35,74€

[PSD999]

lay My Girl Anna (17:15 CORK) 32€ @44

[PSD999]

Day 3 results:

lay Cilium (16:10 CORK) 28€ @48 W27,05€
lay Angel Stevens (16:25 GALWAY) 37€ @40 W35,74€
lay My Girl Anna (17:15 CORK) 32€ @44 W30,91€

starting bank: 2000€
current bank:1527,24€
profit: -425,76€
W:7
L:3

[PSD999]

lay Limbunya (14:30 NEWTON ABBOT) 25€ @50

[PSD999]

lay Limbunya (14:30 NEWTON ABBOT) 25€ @50 W24,15€

[PSD999]

lay Run For Charlie (15:05 CORK) 30€ @50

[PSD999]

lay Run For Charlie (15:05 CORK) 30€ @50 W28,98€

[mproud1]

What is your record for LOSSES IN A ROW??. I'm thinking about starting very small, continuing to lay horses while doubling down after losses.

[PSD999]

lay Cian Rooney (16:15 RIPON) 23€ @65

[PSD999]

What is your record for LOSSES IN A ROW??. I'm thinking about starting very small, continuing to lay horses while doubling down after losses.

I dont know my record I am new in horse racing. My fav sports: soccer and ice hockey. My record for LOSSES IN A ROW in hockey is 27 Your strategy sounds good

[PSD999]

lay Cian Rooney (16:15 RIPON) 23€ @65 W22,22€

[PSD999]

lay Peggy Dell (17:35 CORK) 40€ @34

[PSD999]

Day 4 results:

lay Limbunya (14:30 NEWTON ABBOT) 25€ @50 W24,15€
lay Run For Charlie (15:05 CORK) 30€ @50 W28,98€
lay Cian Rooney (16:15 RIPON) 23€ @65 W22,22€
lay Peggy Dell (17:35 CORK) 40€ @34 W38,64€

starting bank: 2000€
current bank:1688,23€
profit: -311,77€
W:11
L:3

Day 3 results:
starting bank: 2000€
current bank:1527,24€ > 1574,24€
profit: -425,76€
W:7
L:3

[PSD999]

Day 5:

lay Playful Girl (14:00 CATTERICK) 33€ @50

[PSD999]

lay Playful Girl (14:00 CATTERICK) 33€ @50 W31,88€

[PSD999]

lay Grand Stitch (15:00 CATTERICK) 34€ @50

[PSD999]

lay Grand Stitch (15:00 CATTERICK) 34€ @50 W32,84€

[PSD999]

lay Mystica (15:15 CHEPSTOW) 34€ @50

[PSD999]

lay Mystica (15:15 CHEPSTOW) 34€ @50 W32,84€

[PSD999]

lay Imprimis Tagula (19:30 SOUTHWELL) 74€ @24