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Laying Odds on Favourites Review

Rating: ★★★½☆

How did Laying Odds on Favourites fair during our initial 12 week trial?

Dear Betting System Review Bloggers

Laying Odds on Favourites remained under independent review for almost 84 days now and it made only 5.31 points to level stakes and 8.05 points to 5% Bank Liability but I am still going to passing it. You want to know why? Well just have a good look at the website it is performing exactly as they said it would. This is a direct quote from blog section of website:

“Once the bank begins to compound the real “magic” of the Laying Odds on Favourites system start to occur.” “If you want to see a significant difference, you have to wait because this takes time and it will be at least 3 or 4 more months”

These were stats on the 56th day of my review:

Level Stakes = 1049.50 (1000 Starting Bank) = + 0.99 points

5% Bank Liability = 1033.52 (1000 Starting Bank) = + 0.67 points

These figures looked very unimpressive. Let us have a look at final figures on 84th day:

Level Stakes = 1265.50 (1000 Starting Bank) = + 5.31 points

5% Bank Liability = 1402.64 (1000 Starting Bank) = + 8.05 points

This was after 12 weeks and these figures look much better than previous observations. According to the Laying Odds on Favourites site, significant difference is observed after 3 months and we were now reaching that stage. Let’s have a look at another comment posted on Laying Odds on Favourites site:

“Although it is very slow, it is very low risk, and people can make gradual steady profits”

There are a few ways to judge how low risk the Laying Odds on Favourite system is by seeing what strike rate it has achieved, longest losing runs, how many points lost to counter the longest winning run and points gained.

Selections 60/ 31 Winning Lays = 51.68% Strike Rate

Longest Losing Run 3 (3 times) points lost = 2.06, 2.97 and 2.79.

Longest Winning Run 4 (2 times) points won = 3.80 (twice)

These figures once again show that the comments on Laying Odds on Favourites website are correct as we can see winning runs are small and losing runs are small too which is as expected in Laying Odds on Favourites. Average of all selections comes out to be 1.84, for Losing Lays it was 1.83 and for Winning Lays it was 1.84. The overall strike rate looks a little bit down from average which is 51% and average is 53%. The amount of selections per month is also down to 20 when the normal number of selections per month is 25 to 30.

Laying Odds on Favourites runs on a betting bot and the rules are built into the Laying Odds on Favourites bot itself. Right at the beginning I experienced a few issues with the Laying Odds on Favourites bot but gradually,  these issues were solved and it ran fine. However the cost is a a major issue, it is not that the cheapest software and system on the market but what I found most cost affective is to take out a yearly subscription of 497 pounds and that works out to around 41.40 pounds a month but if you subscribe on a recurring monthly basis it will cost you much more at around 67 pounds a month.

Laying Odds on Favourites takes at least 9 to 12 months which means it is not for everyone. My recommendation for you is to put aside a bank of as much as you can afford and then sit it all up and forget about it for 12 months. You need to have at least 1000 pounds as a starting bank to make it really worth your while, however this is only my opinion. Also patience is a must because it takes time I had a run of 10 days without a selection, you have to wait be patient and have discipline, although for the discipline the bot really handles all that :)

To summarize the final review;

Cost of laying odds on favourites is the major issue. This is why I have given it a rating of 3 and a half stars, other reasons for its low rating are its less appealing than other systems and bots and requires of lot of patience and discipline. It got passing marks just because it does make regular profits. If you are serious, have a decent betting bank and you have patience to wait and watch, this might be best option for you. But just to remind you that you must run a review for 9 to 12 months to know the true potential of Laying Odds on Favourites. Running a long term review of at least a year would be highly impractical for this blog but in all honesty if you put Laying Odds on Favourites into neutral and start a fresh in a few months, it will perform exactly the same manner as it performed here because it really takes some time for compounding to work.

[Click Here To See Laying Odds On Favourites]

Cheers!

Richard Van Orden – Reviews Laying Odds on Favourites

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Passed with 5/5 Stars!

Passed with 4.5/5 stars!

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Here’s the scenario. It’s 2:00 PM on the last Saturday before Xmas. As a well prepared trader, you have spent a bit of time in the morning deciding which matches to trade and on the best lay options in the afternoon’s racing card.

Suddenly your wife/partner informs you that she needs some help with the last minute Xmas shopping –you have to stop everything including your plans for some very profitable trading! Does this sound familiar?

Enter Betfair mobile. This software allows you to display on your pda or Iphone all the markets available on the normal Betfair interface. This is an excellent ‘stopgap’ for someone on the move who for different reasons would rather not carry around a PC.

In my case I have a version of Betfair mobile on my handheld PDA. Downloading is very easy from the Betfair mobile site. You keep your mobile or pda pugged into the PC during the download and it should be recognised immediately.

But as was noted in the article iphone Betfair Mobile Review looking at this software, there are some drawbacks.

The average handheld device has only a small display screen and consequently the menus can be rather fiddly. It is very easy to select the wrong option.

Possibly my current handheld device, the T-Mobile MDA is no longer cutting edge, but it seems this is a problem even with the iphone.

Menu options selected have to be continually confirmed (though this could be a problem of the device rather than the software) and although it is possible to save preferred markets to “favourites”, this only improves menu navigation marginally. Screen refresh rates can be increased, but it is still far slower than trading on the main site.

Yet another area where Betfair mobile is a winner is if you want to place trades discretely without fear of eavesdroppers. Only recently I did some trading on my notebook in Starbucks and was conscious of the person next to me constantly tring to take a peek at what I was doing!

So all in all, despite the drawbacks noted, I would highly recommend this tool as an excellent fall back resource when you are unavoidably away from your PC for any length of time.

Happy Trading!

Passed with 5/5 Stars!

Passed with 4.5/5 stars!

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Passed with 5/5 Stars!

Passed with 4.5/5 stars!