7. September 2009
Laying Horses To Lose On Betfair – Can You Really Make Money Laying Horses To Lose On Betfair?
Laying horses to lose sounds easy enough, after all the horses you bet on never win, they always lose. It makes sense that by laying these horses to lose on Betfair, making money will be effortless. Select the same horses you would usually back, and lay them on the betting exchange. It sounds like a decent concept, but, as we shall see, whilst it may be possible to make money laying horses, it’s not as simple as it sounds:
With the emergence of Betfair, laying horses to lose was made easier and at the outset widely expected to be the route to betting success, unfortunately it quickly became clear that this wouldn’t be case, but why not?
To begin with, if we’re candid, generally the Bookmakers are very good at their main task, statistics. Although they don’t continually get it accurate, more frequently than not they do, and their prices are usually a good indication of the horses prospect of winning. Whilst laying a horse to lose, we are effectively behaving like the bookmaker and accepting bets. However, as the price on the exchange to back a horse will normally be more than the Bookies, and the lay odds will always be more than the back odds, you will typically be laying at higher prices than those that the bookmakers believe reasonable.
When laying the favourites odds, it should be possible to lay on the exchange at odds quite near to the actual odds, but as the prices on the horse you are laying increase, the odds difference will be higher. It is frequent for horses at 20/1 or 30/1 to be offered to lay at 40/1, 50/1 or greater on Betfair.
So should you ignore laying? Categorically not, you only need to work more cleverly and unearth the value lays, comparable to how you would unearth value in horses to back. In the same way that finding a horse that is over-priced can Give a value bet, by locating a horse that is priced too low you have a value lay. The knack obviously comes in selecting these horses that have a higher risk of losing than their prices imply.
Additionally, all horse races are not the same and the frequently touted “30% of favourites win” Will vary over race types and courses. This information can be used to locate the value and create a method to unearth value lay bets. Of the Number of horse laying methods that I see, there are only very few laying systems that I am happy enough to endorse.
But how do you go about locating your selections when laying horses to lose? To Begin with you can discover more HERE
Paul Ellis is a professional gambler, you can download his FREE e-book and learn more about how to succeed with your betting at his website ? To Begin with you can discover more www.BettingAlchemy.com
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