Comments on: The Reality Of Laying Horses On Betfair http://laytheodds.com Betfair Trading, Poker & Gambling Systems Portal Fri, 10 Feb 2012 20:19:19 +0000 hourly 1 By: Ian http://laytheodds.com/lay-betting/articles/the-reality-of-laying-horses-on-betfair/#comment-16141 Ian Fri, 10 Feb 2012 20:19:19 +0000 http://www.laytheodds.com/?page_id=917#comment-16141 @<a href="#comment-16132">paul vincent</a>: Hi Val - I do have your problem of laying level stakes at SP solved as per our earlier exchange - however, you seem to have disappeared. Get in touch if you are still interested. Ian @paul vincent:

Hi Val – I do have your problem of laying level stakes at SP solved as per our earlier exchange – however, you seem to have disappeared. Get in touch if you are still interested.

Ian

]]> By: paul vincent http://laytheodds.com/lay-betting/articles/the-reality-of-laying-horses-on-betfair/#comment-16132 paul vincent Wed, 01 Feb 2012 20:43:59 +0000 http://www.laytheodds.com/?page_id=917#comment-16132 @<a href="#comment-16098">val</a>: Hi Val. Place market 1-2-3's. Any warmer? @val:

Hi Val.

Place market 1-2-3′s. Any warmer?

]]> By: Insp Howard http://laytheodds.com/lay-betting/articles/the-reality-of-laying-horses-on-betfair/#comment-16125 Insp Howard Sun, 29 Jan 2012 16:26:27 +0000 http://www.laytheodds.com/?page_id=917#comment-16125 @<a href="#comment-16121">IanF</a>: Hi Ian, I don't disagree with anything your saying but my presumption was that we are not talking about 100-1+ shots here. My view is that you lay such prices at your peril. Whilst the vast majority of outsiders will lose I'm not sure how anyone can prove statistically you would make money and therefore say it is profitable long-term. You would need such an extreme sample size e.g. 10 yrs worth of results at least I'd recommend as even a handful of winners would decimate one years worth of results. I have not had much involvement with laying tipsters nor seen too many successful ones so would be interested in your views who you rate. Insp Howard. @IanF:

Hi Ian,

I don’t disagree with anything your saying but my presumption was that we are not talking about 100-1+ shots here. My view is that you lay such prices at your peril. Whilst the vast majority of outsiders will lose I’m not sure how anyone can prove statistically you would make money and therefore say it is profitable long-term. You would need such an extreme sample size e.g. 10 yrs worth of results at least I’d recommend as even a handful of winners would decimate one years worth of results.

I have not had much involvement with laying tipsters nor seen too many successful ones so would be interested in your views who you rate.

Insp Howard.

]]> By: Mac http://laytheodds.com/lay-betting/articles/the-reality-of-laying-horses-on-betfair/#comment-16124 Mac Sat, 28 Jan 2012 21:22:55 +0000 http://www.laytheodds.com/?page_id=917#comment-16124 Hi I like the sound of you email i am a small time layer but to be honest i seem to get my head in front and then slip back to where i started could you give me a idea of what you are doing to make contiued profit Kind regards Mac Hi

I like the sound of you email

i am a small time layer but to be honest i seem to get my head in front and then slip back to where i started
could you give me a idea of what you are doing to make contiued profit

Kind regards Mac

]]> By: IanF http://laytheodds.com/lay-betting/articles/the-reality-of-laying-horses-on-betfair/#comment-16121 IanF Wed, 25 Jan 2012 12:01:35 +0000 http://www.laytheodds.com/?page_id=917#comment-16121 @<a href="#comment-16111">Insp Howard</a>: Hi Insp Howard, You say that Val should not experience any problem getting a stake of £25 layed at roughly Betfair SP soon before the off. I think it depends very much on the race and the horse. Indeed there should be no problem getting a £25 stake layed, but if you are laying a real 200/1 no-hoper in an obscure race then i very much doubt you will get matched at a decent price. Though it may be at or near BFSP, but only because you have moved the market with your bet! By the way, there are several good laying tipsters out there who don't tip at huge odds. Just my point of view, Ian @Insp Howard:
Hi Insp Howard,
You say that Val should not experience any problem getting a stake of £25 layed at roughly Betfair SP soon before the off.

I think it depends very much on the race and the horse. Indeed there should be no problem getting a £25 stake layed, but if you are laying a real 200/1 no-hoper in an obscure race then i very much doubt you will get matched at a decent price. Though it may be at or near BFSP, but only because you have moved the market with your bet!

By the way, there are several good laying tipsters out there who don’t tip at huge odds.

Just my point of view,
Ian

]]> By: Insp Howard http://laytheodds.com/lay-betting/articles/the-reality-of-laying-horses-on-betfair/#comment-16111 Insp Howard Tue, 17 Jan 2012 13:00:03 +0000 http://www.laytheodds.com/?page_id=917#comment-16111 @<a href="#comment-16105">Ian</a>: Hi Ian, She would have no trouble getting matched on the stakes she is working with currently. Also she could set the bet to go up a few seconds before the off time which will get her as close as possible to the SP whilst ensuring being matched. She may even find she beats SP price with this method as a lot of bots try to lay horses seconds before the off and push prices up. @Ian:

Hi Ian,

She would have no trouble getting matched on the stakes she is working with currently. Also she could set the bet to go up a few seconds before the off time which will get her as close as possible to the SP whilst ensuring being matched. She may even find she beats SP price with this method as a lot of bots try to lay horses seconds before the off and push prices up.

]]> By: eamon http://laytheodds.com/lay-betting/articles/the-reality-of-laying-horses-on-betfair/#comment-16109 eamon Mon, 16 Jan 2012 16:31:57 +0000 http://www.laytheodds.com/?page_id=917#comment-16109 HELLO,can you please explain more simply how to use your system as you can see i,am a [NOVICE-lol-] MANY THANKS HELLO,can you please explain more simply how to use your system as you can see i,am a [NOVICE-lol-] MANY THANKS

]]> By: Ian http://laytheodds.com/lay-betting/articles/the-reality-of-laying-horses-on-betfair/#comment-16105 Ian Fri, 13 Jan 2012 23:55:20 +0000 http://www.laytheodds.com/?page_id=917#comment-16105 yes but that doesn't work as what Val is saying is that there is very little money in the pot for a live bet. That's why it has to be at SP because it will be underwritten and 100% get matched. I did telephone Betfair and asked how they did this because if it was truly a betting exchange then whose money was guaranteeing the SP. The answer was that Betfair move money around from other operations to cover the SP bets. I did ask if it was the gaming rooms and they guy said he couldn't be sure but thought that it might be some sort of cross subsidy. yes but that doesn’t work as what Val is saying is that there is very little money in the pot for a live bet. That’s why it has to be at SP because it will be underwritten and 100% get matched. I did telephone Betfair and asked how they did this because if it was truly a betting exchange then whose money was guaranteeing the SP. The answer was that Betfair move money around from other operations to cover the SP bets. I did ask if it was the gaming rooms and they guy said he couldn’t be sure but thought that it might be some sort of cross subsidy.

]]> By: Review Manager Rich http://laytheodds.com/lay-betting/articles/the-reality-of-laying-horses-on-betfair/#comment-16104 Review Manager Rich Fri, 13 Jan 2012 10:22:11 +0000 http://www.laytheodds.com/?page_id=917#comment-16104 Anyone who has a winning formula is free to publish it on here so long as it is not a pirated system. Unfortunately we cannot allow private email interchanges of systems for the above reason. Anyone who has a winning formula is free to publish it on here so long as it is not a pirated system. Unfortunately we cannot allow private email interchanges of systems for the above reason.

]]> By: Insp Howard http://laytheodds.com/lay-betting/articles/the-reality-of-laying-horses-on-betfair/#comment-16103 Insp Howard Fri, 13 Jan 2012 10:20:06 +0000 http://www.laytheodds.com/?page_id=917#comment-16103 @<a href="#comment-16098">val</a>: Val, You can do this using Racing Traders Evo. It is free to download when not used in turbo which would be fine for what you require. You can use the lay tool to place a bet at a specific time (so could set for a few seconds before or after off in this case) for a fixed stake or liability. There is a manual how to do this on site it. If you wish to contact me regarding this you can email me on: howard.john@blueyonder.co.uk I'll be unable to answer for a few days but will get back to you soon. @val:

Val,

You can do this using Racing Traders Evo. It is free to download when not used in turbo which would be fine for what you require. You can use the lay tool to place a bet at a specific time (so could set for a few seconds before or after off in this case) for a fixed stake or liability. There is a manual how to do this on site it. If you wish to contact me regarding this you can email me on:
howard.john@blueyonder.co.uk

I’ll be unable to answer for a few days but will get back to you soon.

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