Horse Racing Laying System

Introduction

Between the eighteen June ‘14 in addition to 28 July ‘14 I conducted a laying experiment on Betdaq. With a starting banking venture of EUR 100, I managed to earn a net of EUR 464.

Over this period, I placed 245 lay bets on Equus caballus races inwards the UK, Republic of Ireland in addition to the US.

Within this fourth dimension frame, I did non bet everyday - exclusively 25 of these days, which equated to close EUR nineteen net per day, for no to a greater extent than than a few minutes work.

My aim was to avoid a ‘Black Swan’ lawsuit past times putting inwards house a strict criteria, in addition to stick to this. Influenza A virus subtype H5N1 Black Swan inwards terms of jeopardy administration is where an lawsuit occurs which renders all existing assumptions flawed - effectively - I did non wishing to lose my bank!

I did non piece of job whatever software, nor did I comport whatever in-depth query of the laying.

Bets were placed on my iPhone, in addition to required no fourth dimension commitment from me.

In my mass ‘Dominate The Field’, I described the concept of ‘Nosebleed Prices’, where extreme outsiders are identified equally ideal lay bets. These prices are in addition to thence high, real few experience comfortable or cause got to wishing to lay at these price. This surface area is non for everyone, given prices tin post away gain from close 30.0 right upwardly to 200.0+

However, this gain tin post away render a real consistent income for those willing to lay at these prices. For my experiment, I set Nosebleed Prices using strict criteria in addition to I exclusively set earlier the race went inwards play.

Betdaq mightiness examine a amend option for Nosebleed Prices for those amongst lower banks or if you lot are laying huge odds. The EUR 0.50 minimum betting stake agency your betting banking venture needs to endure exclusively ¼ the size of the banking venture you lot postulate for Betfair (the Betfair minimum betting stake is EUR 2.00).

Criteria

The exact criteria I used is equally follows:

Select whatever schedule of UK, Irish Gaelic or U.S.A. races

Determine how many runners are inwards each race to position a qualifying lay bet. There must endure at to the lowest degree four runners inwards a race.

If four to v runners, ensure the ii favourites are priced below 3.5, the third favourite is priced below 10.0 in addition to the outsider is priced at 30.0+. Lay the outsider.

If half dozen to 8 runners, ensure the favourite is priced below 2.20, the 2nd in addition to third favourite are priced below 4.8 in addition to the outsider is priced at 40.0+

If ix to eleven runners, ensure the favourite is priced below 3.0, the 2nd in addition to third favourites are priced below 5.8, 2 other runners are priced below 10.0 in addition to the outsider is priced at 60.0+. If at that spot is to a greater extent than than 1 Equus caballus priced at 60.0+, experience gratis to lay both.

Another option - if the favourite is non priced below 3.0, but if at that spot are four horses priced below 6.0, in addition to the outsider is priced 60.0+, this is also a qualifying lay.

d) If 12+ runners, ensure the favourite is priced below 3.0, the 2nd in addition to third favourites are priced below 7.0, 2 other runners are priced below 10.0 in addition to the outsider is priced at 80.0+. If at that spot is to a greater extent than than 1 Equus caballus priced at 80.0+, experience gratis to lay both.

Like 2(c), the option (where at that spot are four horses priced below 6.0) tin post away also endure used, provided the outsider is priced at 80.0+

e) Over 100.0+ - If whatever race of whatever size has an outsider amongst a toll of 100.0+, this is also a qualifying bet.

3. Place a lay bet, in addition to thence your entire banking venture is exposed. When I did this, equally shortly equally the lay bet settled, in addition to I won, I moved onto the adjacent race where my adjacent qualifying bet was identified.

FAQ

Is this fourth dimension consuming?

Not really. I placed each lay bet on my iPhone. This took a few minutes. Once you lot teach a hang of the criteria, you lot tin post away position a bet inside seconds. When your bet is settled, motion onto the adjacent race.

Prices are real high……?

Yup - this is non for everybody. However, I am a big fan of laying huge prices, equally these horses rarely win. With the criteria inwards place, I experience it is real robust to mitigate the remote jeopardy of an extreme outsider winning.

If you lot are laying extremely high prices (e.g. 50.0 + or fifty-fifty 100.0 +), it is real unlikely that you lot volition truly lose. I know people who lay horses inwards the 200, 300 or fifty-fifty grand toll region. The rationale is that these horses volition merely non win, in addition to the little net earned from each lay is similar a ho-hum drip of profit.

No Equus caballus has always won amongst a grand starting toll (although a Equus caballus did win amongst a grand in-play toll inwards recent years due to a commentator mistake incorrectly noting that the jockey had fallen) . In 1990, Equinoctial won at Kelso (UK) at 250/1.

Why Betdaq?

The EUR 0.50 minimum bet size catered for my depression banking venture of EUR 100.

Did you lot piece of job grade laying stakes?

Yes, to a greater extent than or less. I kept my exposure at exactly about EUR 100 at all times, withdrawing profits regularly.

Are betting exchanges suitable for Nosebleed prices. Does the marketplace overprice these horses, leading to awful laying value?

I truly don’t know. I would assume a betting central gives amend value on the backing side for whatever Equus caballus priced this high inwards some situations. I was non seeking long term value, but rather jeopardy minimisation, past times using my set upwardly criteria.

Is laying extreme outsiders a pop system/strategy?

Why Betdaq?

The EUR 0.50 minimum bet size catered for my depression banking venture of EUR 100.

Did you lot piece of job grade laying stakes?

Yes, to a greater extent than or less. I kept my exposure at exactly about EUR 100 at all times, withdrawing profits regularly.

Are betting exchanges suitable for Nosebleed prices. Does the marketplace overprice these horses, leading to awful laying value?

Is laying extreme outsiders a pop system/strategy?

No, it is inwards the minority. Your destination is small, consistent in addition to regular gains. With such a depression win charge per unit of measurement for these horses at these monster prices, at that spot is smashing potential inwards the Nosebleed range. This is non for everybody, but if you lot lay a publish of horses each at these huge prices, you lot are piece of cake edifice upwardly a net in addition to this net tin post away endure used for to a greater extent than aggressive laying strategies amongst far far lower prices.