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Q) When is the best time to lay
your horses to get the right prices?
A) We lay all our own horses. We try to give these out to you at
a time
in the day when we can be reasonably assured we may get our
maximum target price or below. As with
all things, you can’t get this correct 100% of the time,
Betfair prices can be driven by many
factors, and even though we have been laying horses for years,
we still don’t get this right all the time.
I check with
www.oddschecker.com, if our horse is say showing at 3/1 here
in the morning and perhaps 4.2 on Betfair, and the horse in
question has been pink shaded on oddschecker (indicates a
drifting uneasy market), I would probably take the 4.2 there and
then. (blue shaded indicates the opposite – being backed)
If then throughout the day, the horse drifted past our target
price (so now it is too high and we shouldn’t be on it, I
would BUY (BACK) it back for the same amount I laid it earlier
for a guaranteed profit if it won, and no loss if it loses.
I appreciate most people are working during the day and are too
busy for such things, but generally, you can key in your maximum
lay price in
the lay column (to expire if not taken before the off – we don’t
lay in running) and leave the lay open so if it does reach the
target price, Betfair MAY take it and you will probably be on at
the max lay price If you have more time
on your hands you can check throughout the day and if your horse
is apparently drifting, take it whilst it is still within the
price. Or you can wait till just before
the race and lay it at the best price you can get as long as it
at or under the max price. For evening
meetings (especially midweek smaller meetings) I often wait just
until before the race is off, there is usually a lot of movement
going on just before the off. As most of
these are favourites, it can sometimes only take a very small
amount of money to move the price and this can often be in our
favour. It’s not completely black and
white, and this is a guide only.
Q) What do you mean by a 50
point bank? A)
Your 50 point bank is your starting bank (initial capital) – if
1 point is £10, then your bank would be £500.
Q) Will I definitely make a
profit as a member of your service and if so, how much?
A) The systems we use to produce our lays have been tried and
tested back to 2005, paper traded forwards, then the selections
were laid with real money. Research has
taken my colleagues and I literally hundreds of hours to
complete. We would expect a similar trend of results to occur in
the future. There are no guarantees, but
if that was so, we would expect profits to be around 100 points
or so a year, to put this in perspective – approx 8/10 points a
month Obviously some months would be
larger and some much less, we may even get the occasional losing
month. I strongly suggest laying horses
responsibly and only using capital that is not needed elsewhere
as with all elements of laying horses – there is risk involved.
Q) I hear you also have an All
Weather Laying Service, do you have details ?
A) The A/W service can be found
here.
The service will run all year round but is busiest between
August & April – estimated lays Winter Period (August – April
20/35 horses a month) Summer Period (May – July 7/10 horses a
month). £29.00 a month
Or you can join both services for only £49.00 a month
saving £9.00 a month Selections will be
sent via email at approx 11am GMT each day. |