General Betting
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I will start off this thread stating that i am a sceptic of laying as a way to make money. However, after reading the Maria thread & having developed multiple systems to test the possibilities of laying to make profit I tested them for all types of staking systems.
In every scenario the "Maria" style plan worked the best.
So, despite my big doubts I have set a bank aside & will lay as follows:-
Any odds up to 4.9 on betfair - stake 0.8% of max bank ( using ratcheted staking)
Any odds 5-11.8 - 0.55% of max
12 - 21 ( max odds taken) 0.35 % of max bank.
I will recalculate the bank after each day.
I don't have much time during racing & will only put up lays approx an hour before racing & an hour before evening races.
I will lay on approx 80% of days
If a price isn't taken then I'll just let it go.
I will try to post the selections before the races but often it will be mid racing as there are an average of 20 lays a day.
I know there will be shouts of aftertiming but i will use my account purely for this so won't be hard to "post my bets"
No real expectations, just a good way of logging my progress as i go along
I will post the opening bank & early selections in next post
In every scenario the "Maria" style plan worked the best.
So, despite my big doubts I have set a bank aside & will lay as follows:-
Any odds up to 4.9 on betfair - stake 0.8% of max bank ( using ratcheted staking)
Any odds 5-11.8 - 0.55% of max
12 - 21 ( max odds taken) 0.35 % of max bank.
I will recalculate the bank after each day.
I don't have much time during racing & will only put up lays approx an hour before racing & an hour before evening races.
I will lay on approx 80% of days
If a price isn't taken then I'll just let it go.
I will try to post the selections before the races but often it will be mid racing as there are an average of 20 lays a day.
I know there will be shouts of aftertiming but i will use my account purely for this so won't be hard to "post my bets"
No real expectations, just a good way of logging my progress as i go along
I will post the opening bank & early selections in next post
Show More
Lays
Wolverhampton
2.30 - Golden Compass
3.00 - Diaposon
4.00 Tous les Deux
4.30 Valeur & Eden Nights
5.30 Lucky Diva & Decency
Brighton
3.10 Two feet of snow
4.10 Starwatch & Hill of Miller
Ayr
2.50 jigajig ( laid it at 1.8!!)
3.20 Mutafajer
3.50 Secret Hero & Daring Dream
4.20 Templetouy Max & talk of saafend
5.20 - Jord, Fiefdom, Glenluji & Obe Brave.
will try & post evening later on
starting bank is £3,800
Wolverhampton
2.30 - Golden Compass
3.00 - Diaposon
4.00 Tous les Deux
4.30 Valeur & Eden Nights
5.30 Lucky Diva & Decency
Brighton
3.10 Two feet of snow
4.10 Starwatch & Hill of Miller
Ayr
2.50 jigajig ( laid it at 1.8!!)
3.20 Mutafajer
3.50 Secret Hero & Daring Dream
4.20 Templetouy Max & talk of saafend
5.20 - Jord, Fiefdom, Glenluji & Obe Brave.
will try & post evening later on
starting bank is £3,800
Results so far are 14 bets & 12 winners - a couple of shorties beaten as well. Up approx 4% on bank & will post tonights lays once I've put them on the markets
Wolverhampton
2.30 - Golden Compass - Lost
3.00 - Diaposon - Lost
4.00 Tous les Deux - Lost
4.30 Valeur & Eden Nights - both lost
5.30 Lucky Diva & Decency
Brighton
3.10 Two feet of snow - won @ 1.83
4.10 Starwatch & Hill of Miller - both lost
Ayr
2.50 jigajig ( laid it at 1.8!!) - lost
3.20 Mutafajer - lost
3.50 Secret Hero & Daring Dream - both lost
4.20 Templetouy Max & talk of saafend Won @ 2.71 & lost
5.20 - Jord, Fiefdom, Glenluji & Obe Brave.
Wolverhampton
2.30 - Golden Compass - Lost
3.00 - Diaposon - Lost
4.00 Tous les Deux - Lost
4.30 Valeur & Eden Nights - both lost
5.30 Lucky Diva & Decency
Brighton
3.10 Two feet of snow - won @ 1.83
4.10 Starwatch & Hill of Miller - both lost
Ayr
2.50 jigajig ( laid it at 1.8!!) - lost
3.20 Mutafajer - lost
3.50 Secret Hero & Daring Dream - both lost
4.20 Templetouy Max & talk of saafend Won @ 2.71 & lost
5.20 - Jord, Fiefdom, Glenluji & Obe Brave.
Tonights Lays
Sandown
6.35 cape to Rio
7.10 opinion poll
7.45 Glass Harmonium
Wetherby
6.15 ragador
6.45 Decent Lord
9.05 Miss Tarantella
Newcastle
7.00 Tagseed & Averoo
8.40 Damika
9.15 Brannagh
Sandown
6.35 cape to Rio
7.10 opinion poll
7.45 Glass Harmonium
Wetherby
6.15 ragador
6.45 Decent Lord
9.05 Miss Tarantella
Newcastle
7.00 Tagseed & Averoo
8.40 Damika
9.15 Brannagh
Day 1 - 30 bets, 26 winners. Profit of £143.98
4 losers on the day but Damika the most expensive.
Bank now £3,943.98
Stakes are now £31.55, £21.69, £13.80
Got quite a few short odds beaten but its the days when a 16/1 shot comes in that hurts
I have a very optimistic aim of 30% gain a month but 3.8% gain is a good start.
4 losers on the day but Damika the most expensive.
Bank now £3,943.98
Stakes are now £31.55, £21.69, £13.80
Got quite a few short odds beaten but its the days when a 16/1 shot comes in that hurts
I have a very optimistic aim of 30% gain a month but 3.8% gain is a good start.
Start bank - £3,943.98
day selections
Brighton
2.00 Avrilo & Lucky Leigh
3.05 Douchkette
3.40 Kasmina & Inquisitress
4.15 - Rosy Dawn
4.50 Unlimited
** a few of these may not get matched as they're over 21.0
Newmarket
2.55 - Feathered crown, Goodwood Starlight, Archie Rice & Silent Applause
5.50 - 6 lays!! Mons calpe, Tevez, maybe i won't, Mojeer, Prince Golan & Lucayan Dancer
More tonight...
day selections
Brighton
2.00 Avrilo & Lucky Leigh
3.05 Douchkette
3.40 Kasmina & Inquisitress
4.15 - Rosy Dawn
4.50 Unlimited
** a few of these may not get matched as they're over 21.0
Newmarket
2.55 - Feathered crown, Goodwood Starlight, Archie Rice & Silent Applause
5.50 - 6 lays!! Mons calpe, Tevez, maybe i won't, Mojeer, Prince Golan & Lucayan Dancer
More tonight...
Sorry , presumed no-one was interested!!!
To be honest I've stopped doing it( both laying & recording it here) as it takes far too long & is a really dull way of punting.
i had started with £3,000 a few months back & only started the posting to keep me interested. However, it just added to the tedium!
A small profit was taken but it did show me that it is possible to win by laying, but I traditionally back at fairly big odds & winning on a 1/16 shot isn't worth the admin & effort.
In a a sense its hardened my own viewpoints that backing horses is not only the most profitable course of action but crucially the most enjoyable.
To be honest I've stopped doing it( both laying & recording it here) as it takes far too long & is a really dull way of punting.
i had started with £3,000 a few months back & only started the posting to keep me interested. However, it just added to the tedium!
A small profit was taken but it did show me that it is possible to win by laying, but I traditionally back at fairly big odds & winning on a 1/16 shot isn't worth the admin & effort.
In a a sense its hardened my own viewpoints that backing horses is not only the most profitable course of action but crucially the most enjoyable.
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