| Laying horses to lose, at first glance seems a lot | | | | following are three highly effective ways to |
| more attractive than trying to find the winner, after | | | | incorporate laying on Betfair into your betting |
| all, only one horse can win a race and all the others | | | | strategy: |
| have to lose. Surely that is easier than picking the | | | | 1. Laying horses in-play: |
| winner of a horse race. Well, that’s the theory, | | | | As well as being able to back and lay horses on |
| but in practice it isn't quite as straightforward. This | | | | Betfair before the race, the markets remain open to |
| article looks at why this is and gives you 3 ways to | | | | allow you to continue backing or laying as the race is |
| start profiting from laying horses to lose on Betfair. | | | | being run, right up to when the winner crosses the |
| So why is it that laying horses is not as easy as it | | | | finishing post. With the right approach, and by picking |
| sounds? It is largely due to the way in which the | | | | the horses and race types carefully, backing a horse |
| odds on Betfair differ from the true odds. Whilst the | | | | before the start of the race, then layng the same |
| lower priced horses, which are more likely to win will | | | | horse at a lower price during the race can be used |
| be trading at odds only slightly above what the | | | | very effectively to produce profits with a very low |
| bookmakers are offering, the horses with the longer | | | | risk. |
| odds, perhaps 10/1 and above, will only be available | | | | 2. Laying 2 or more horses: |
| to lay at prices far above a fair price. So whilst it | | | | Only one horse can win the race (with the exception |
| may be fairly easy to pick a string of losers at high | | | | of the rare "dead-heats"), but in many races where |
| prices, the odds available to lay will be too high to | | | | the horses are well matched, and the course and |
| represent value and not reflect the true chance of | | | | distance are condusive to a tight finish, the odds can |
| the horse winning. Consequently, the horse that you | | | | move very rapidly allowing you to lay more than one |
| may have laid at 20/1 will probably win 6 or 7 times | | | | horse at low odds. The end result being a profit if 2 |
| out of 100 as opposed to the 5 or so that the odds | | | | or more horses are matched. |
| would suggest. | | | | 3. Trading the odds: |
| The obvious result will be a string of winning lays | | | | Instead of simply backing a horse and waiting to see |
| followed by 1 or 2 horses that win and lose | | | | if it wins, or laying a horse and hoping it loses, by |
| everything you have won so far and more. This is | | | | backing at high odds and laying at lower odds a profit |
| indeed what happened to many people, leading them | | | | can be guaranteed. This can be applied in many ways |
| to declare that laying horses doesn't work and vow | | | | with the back and lay bets places at any time from |
| to stick to backing horses to win. There is, however | | | | early morning right up to whilst the race is taking |
| much more to laying horses than this and the | | | | place. |