If you are a blog owner here on Laytheodds.com and have been updating your blog regularly, you will need to manually back up your blog posts over the next few days.
We initially transferred laytheodds.com over to a social network but due to several inconpatibility issues we have been facing, we have been forced to turn the site back to a regular blog.
This change will be happening on or shortly after Friday 23rd July
Unfortunately all user blog data will be lost, so please MAKES SURE you back up your data if you’d like to keep it.
I apologise for any inconveniences, and thanks for your understanding.
Any questions, please post a comment at the bottom of this post.
Filed under Blog by 
Internet cafes have been shut down in Greece and Cyprus and new ones have been opened, here are the following root names (always followed by random numbers, usually 1 to 10) of Betfair internet cafe players:
Marcia
Tipiko.
Keep watching out for the usual ones as they will likely be back:
Akropol
Nonnos
Polys.
This is what I gathered up from the mystery last time round.
This time, I managed to add another piece to this complex jigsaw puzzle. It turns out that in the “Tipiko” Cypriot internet cafe, players exchange 100 Euro in return for 100 US Dollars to play. From today’s exchange they should receive $126.75. However, if the player ultimately wins they get paid back in Euro making it seem fair, right? Wrong. Most lose, especially if they are shortstack pricks and get punished on the exchange rate. Ouch. I will get back to you whether this is common business practice across all greek/cypriot internet cafes.
In other news, Betfair has officially announced that it is leaving its standalone poker room and joining the Ongame Network at the end of July 2010.
Filed under Blog by
I know there are LayTheOdds Clients here that use Forex and others that are interested in trading the world’s largest and most liquid market’s, and with that let me be the very first, and possibly the only one who will bring to you, a truly versatile self trading forex package that includes telephone help on how to trade your account…even for the mini lot traders, with either the Company Owner and/or professional traders!!!
Tonight, I have just got back from a 2 hour meeting with SAXO Bank ex major forex trader and a Danish Swiss Bank ex Algorithm Author. These two chaps are not your average everyday traders, but real world high net winners. I myself made 141.50% (net) in the last 4 weeks on my own self trading but these two chaps made me think I was missing something!
They have both decided to set up their own alternative trading company and I was privilaged to meet them to discuss the possibilites.
The details will be discussed later as the planned open date is in September. Right now all I can say is the package is exceptional and with highly experienced, professional, profitable real world traders and profitable algorithm authors.
I am so excited about the possibilities that I wanted to let it out here and let all of you know a piece of history in the making before it has fully emerged…isn’t that the best way to trade anyway!? Of course it is.
I shall be meeting with the Company Owner and Head Algorithm Author again in two weeks to discuss further as in the meantime they have to speak to offshore financing and Financial Authorities for International Permits and Licencing.
Alan – LayTheOdds Financial Author
Filed under Blog by
For all those who have found Trading on Football impossible, well we are here to help. We do of course, have the wonderful Betfair Trading Section on LaytheOdds. Looked after by David, there is a wealth of information at your fingertips. David is currently checking out Soccer Mystic, there are articles on your World Cup Trading, Tutorials on Betfair Basics and plenty of discussion regarding software.
If all that starts you itching to get going, then I have just the thing for you. Football Trading System. This though, is far more than a system. Designed by Ian Erskine a number of years ago now, it is a fabulously simple system but is so potent. A constant stream of winning trades will brighten your day. You can use it 12 months a year and you will never look back.
The whole system is based on one simple premise, you will work on one single market, you will become an expert in that one particular market. This is not some e-book that you buy and then forget about. Yes, you do get an e-book but you also get installed into the FTS family. You will receive almost daily e-mails from Ian. He has a blog site, which keeps you up to date with all that is going on in the betting world.
The e-book outlines the system but you are not left alone to try and work out which games to play on. You get regular e-mails from Ian, telling you exactly which games he is playing on that day. Football trading is different to say trading on cricket or tennis. With cricket or tennis, there are any number of key moments in a game from which you can take advantage. In football though, you may only get 1 or 2 key moments in a game, so when these come along you have to have a plan and be ready for all eventualities. The e-book highlights all of these and lets you know what to do in each particular scenario, it really is fantastic.
Filed under Blog by
Forgive the slightly corny name, but Betting Made Ez could be the last place you have to look for a successful cash generating system that produces results.
It’s risk free, provided you follow the strict instructions, and just in case you can’t get your head round it, there is an 8 week money back guarantee for your peace of mind.
Don’t let me make you think that this is some sort of complicated mathematical enigma which will tie your brain in knots, it’s simply taking advantage of arbitrage opportunities and having the knowledge to turn them into sure fire profits.
These trades come along 50 times a day on average, with profits of between 8-12% per trade as a general rule, so you can see how quickly and efficiently your bank can grow, and grow, and grow.
And, don’t forget, it’s RISK FREE and you get you money back if you can’t get it to work!!
Filed under Blog by
If you understand arbitrage, you will know that the basic principle is to win every time, and if you are doing it properly, this is exactly what you will do. Little and often, over and over and over again, and there have been plenty of quality systems featured on these pages in past months – do check them out.
What I’m about to introduce to you is not an arbitrage system, but it’s results are as good as! In fact, in terms of profit and loss, they far outstrip what any arb system would achieve, and it is producing a strike rate that could only be bettered by arbing. Actually, as you will see when you look properly, there are examples in this system where the strike rate reaches the perfect maximum usually reserved for arbitrage trades, but would you be happy to settle for a strike rate of 97% and upwards?
Wait no longer, look no further, take your first look right here.
With the MLB season just underway, and the NBA playoffs building nicely, now is the perfect time to take full advantage of this system which is generating mind-blowing profits.
Even if American sports is not your thing, does it really matter, if it is purely a vehicle to facilitate your rapidly growing betting bank, orbankroll, as our friends from across the pond would probably call it!?
Take a look, and you can’t fail to be impressed by what you see - enjoy!
Click here for John Morrison’s Sure-Money System And Win 97% Of Your Bets!
Filed under Blog by
Isn’t it a pain to join a new poker site and not have ANY information on your opponents and their tendencies? Not anymore, as long as you play at Betfair Poker.
I have put together a FREE comprehensive Fish and Shark lists with hundreds and even thousands of hands on each fish/shark. The most important information includes the percentage of hands seen on flop and raise percentage. By using this information correctly, you will obtain a significant edge over your opponents.
Filed under Blog by
It is a subject that all of us will ask ourselves, and others from time to time, some more often than not. The typical answers keep on coming up, get a different job, ask for a pay rise, get a second job etc. These answers may work in the very short term but we are still converting our time for money. Not an enticing prospect I am sure most of you will agree. Plus we are still reliant on the boss!
So what one proven way is there out of the pay rise trap?
Trading, regardless whether it’s on betfair or stocks or forex. The problem is though there is so much material that it can become overwhelming.
So today, (as I have done previously), I am going to show you a real, sustainable and long term proven method of trading the S&P 500 which you can perform for a few hours in the evening and without weekend trading. I personally have the system and with the help of daily emails it has become second nature in less than several weeks. Right now I am still paper trading (I like to make sure I know what I am doing) and make around 200-300 pips per month. I started at £1 per pip and now I am up to £3.50 per pip. You can see why I love this long term proven strategy by visiting Markets Mastered.
Filed under Blog by
The two small cap stock picks I have been personally watching and recording are Matts Microcap Millionaires and also Penny Stock Prophets.
Each of the services are providing exceptional stock picks and now you can receive 7 free picks from them.
What the stock pick providers are doing by giving you free picks is showing you their service makes you money. I have personally traded my way to just under 100% profit and over 700% profit respectively.
Microcap Millionaires is much less risky and hence the lower profit ratio whilst Penny Stock Prophet is riskier, hence the higher profit ratio.
My strategy which I personally use for both services are thus:-
For Microcap Millionaires I use a 30%-40% profit target against a set 10% loss target. This gives me a favourable 3-1 or 4-1 profit ratio. The majority of Matts stock picks work in your favour and thus (like any betfair user) will mean you are obtaining value for money. For Matts picks I use 40% of my bank on each trade which means that if I hit my target I make between 12-18% of my total bank balance (or a 4% loss of amount used to trade and 30%-45% profit of amount used to trade). If the stock should hit my stop loss it means I only lose a maximum of 5-10% of my total bank balance. The absolute most any trader should expose their entire bank to is 10%. This is why it makes money. Its all about money management.
On the other end of the scale, Penny Stock Prophet is much higher risk in that the stocks are more volatile. This means a 10% stop loss is not as effective at producing gainers. I personally use 20% of my total bank to trade these stock picks. I use a 50% stop loss with a 40%-60% seeking profit target (“seeking” just means that when the stock goes above 40% profit it follows it until the price retreats and I take overall profit).
What this means is that using 20% of the bank and a 50% stop loss, should the stop loss be hit I am actually only losing a maximum 10% of my bank (again..the most a trader should lose). Should the stock increase past 40%-60% (this is a 2-1 or 3-1 ratio) which is quite typical for these stocks, I make at least 20%-30% of my bank. This is value for money.
So, as you can see, on both services you only need to get 1 stock right out of 2 or 3 stock picks. After following the picks for a few months I can assure you that so far the ratio has been much more than 1 winner out of every 2 or 3 picks!
This is basic strategy and I shall be posting within the relevant sections my entire strategy in stages where it can be followed should you wish. This is how I trade the two services.
For now, get your 7 free stock picks by visiting here and here and snap up your freeby goodies!
My recommendation is to just monitor these picks, do not use real capital, but build a spread sheet to monitor these free stock picks using the real life money management skills I have outlined above. You will most likely see a profit.
Filed under Blog by
If you are a new member here on Laytheodds.com, I just wanted to WELCOME you to the community. It’s fantastic to have you here…
As most of you will be aware, laytheodds.com has been online for well over 5 years providing Betfair related information from tipping, trading, laying, backing, product reviews and new product news. We currently have between 500-1000 visitors to the site each day and in just 2 days, we have 100+ new members!
In order to follow the trends of the way the Internet is going with more community based websites where people can get together, meet each other, share comments, review products, give their feedback and learn how to make money in the gambling industry I decided to take a risk to turn this site into a fully blown betting community.
Over the next few months, I’ll be adding new features, creating new groups, forums and different sections on the website. My initial goal is to bring in 1000 new members to the community to help grow the content, tips, reviews etc that will drive the community.
Over the next few week’s I’ll be putting out support video’s, how to type video’s on how to use the site, creating your blog and interacting within the community. I want YOU to get the most out of being part of this community.
As you are one of the FIRST Beta testers of the new look site, I need your help and feedback on what you would like on the site.
At present I’ve had a request for a Facebook and Twitter integration so people can invite their friends and share their content on these sites. This will really help the community build.
Please leave me a comment at the bottom of this post to let me know:
- Are there any features you’d like to see added?
- Do you need help with your new blog? ie. template, features, setting it up and getting the most out of it?
- What is your purpose for being on this site? To get to know others, to learn, to promote your product or service?
- Is there anything I can do to make your life easier? ie. Record video’s, create how-to type tutorials?
- What do you like and dislike about the new look laytheodds.com so I can improve it?
I look forward to hearing your feedback. REMEMBER that I can only help you and learn more about your needs if you let me know your situation.
One of my goals is to turn laytheodds.com into a more INTERACTIVE community where we comment, and share our ideas rather than just sitting in silence like most do in community based forums.
If you are a product owner, tipster, or just a regular punter/trader, this is a great opportunity to learn more from each other and teach and share your knowledge with a POWERFUL community.
If you are a product owner, a tipster or even just a regular punter, A MAJOR advantage of gaining trust within the community is to use a REAL photograph/image of yourself on your profile. Also, add your biography so we know who you are.
It will open up so many more doors for you, will help you gain trust and credibility especially if you are trying to sell a product or plan on launching a service n the future.
Thank you,
Gavin
Filed under Blog by