In running lays using the 'keep' button

I put IR "Keep" lay bets in regularly, on horses i expect to trade condsiderably shorter IR, has to be at a price you're happy to be taken by the fast pick boys(but it seems to me that most big IR players play near the end), so i try to save my stake at maybe 30/40% of BFSP and leave another "Keep" lay in around Evens to 2/1 as a rough guide to make a decent profit. Yes obviously when they go on to win the shorter price will be snapped up but then again Even money shots IR also get beaten often. Really it's what your happy to get taken imo, so hopefully you don't lose your stake and sometimes make a nice profit.
  As an example if i back a horse at 21 for £10 i will put a lay in about 7 to save stake, if that's matched i'm potentially winning £140 losing nothing, another keep lay around say 2.2 for say £30 takes another £36 from potential winning down to £104 but win £30 if beaten.
  Obviously lose original £10 if not matched at 7, that's roughly how i play "Keep" bets. Also do it in reverse for "Keep" back bets.

Cheers stewart

That makes alot of sense

quite simple..if you bet 20/1 and put a laybet IR at 7/1 it will be taken if perceived as a 5/1 chance.