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Horse
Racing Laying Service - FAQ |
If you have any questions about this new service and can't find an
answer below then please
contact us.
Are the selections based on a
system?
How do I
access the selections?
What time will the selections be available?
I haven't received an email. Are there any bets for today?
How many bets will you advise each day?
Will you advise more than one lay selection in a race?
What size betting bank do you recommend?
If I bet to £100 a point is that the most I can lose on any race?
Can you explain how I calculate
my maximum liability on a race?
How do you
determine the stakes you advise for each selection?
What happens
if there are non-runners in a race after you have given out the
selections?
Do you have
a maximum price you lay selections at?
Do you have
any past results I could look at?
Do you think
you can maintain such impressive results long term?
With such a
high strike rate, isn't a 50 point betting bank a little excessive?
Will you provide ongoing help and support?
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Are the selections
based on a system?
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They are not based on any
system as such although we have developed our own strict
selection criteria based on a combination of factors
including information we have received for each race
(both negatives & positives), form evaluation and the
relative value of the expected prices.
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If I bet to £100 a point is that the most I can lose on any given
race?
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No. the stakes shown are the backer's stake and not your liability.
To calculate your potential liability on any given selection, you
simply multiply the backer's stake by the odds you have laid at then
deduct the backer's stake for the other selection you have laid in
the same race. Do the same for both selections and the higher figure
is your potential liability for the race. |
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Can you explain how I calculate my maximum liability on a race?
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Using the race below as an example, your liability on Voy Por
Ustedes, if you laid it at 3/1 (4.0), would be £57x3=£171-£43 giving
a liability of £128. The liability on Trust Magic, if you
laid it at 4/1 (5.0) would be £43x4=£172-£57 giving a
liability of £115. Therefore, your maximum liability on the
race would be the higher figure of £128. Both selections
lost so, in this example, your profit would be £100.
| Race |
Horses to Lay |
Backer's Stake |
Result |
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2.20 Cheltenham
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Voy Por Ustedes
Twist Magic |
£57.00
£43.00 |
2nd
L |
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Do you have
a maximum price you lay selections at?
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As stated above, we want to provide a straightforward service so we
don't stipulate any conditions. At the time we provide the
selections, all the prices are expected to be value. However, sometimes a price may drift drastically
before your bet has been matched in which case you may like to
consider not placing the bet. However, all our results are based on
placing all bets regardless of the final price. |
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Do you have
any past results I could look at?
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We don't normally provide detailed lists of past
results as we prefer members to judge our service
for themselves on a 'live' basis rather than on our
past glory! After all, that's how you will
ultimately judge us because, regardless of how much
money we have made for our members in the past,
previous profits are of no use to you. However, for
your information, here is a summary of the results
achieved in the first four months of this service.
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Results from 01/03/08 to 30/06/08 |
| Races |
W |
L |
S/R |
LWR |
LLR |
Profit |
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553 |
408 |
145 |
73.78% |
23 |
5 |
£14,092.26 |
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The profits shown above are based on
laying at the industry starting price which, because of the way the
betting exchanges work, is not always possible. However, it's not as
difficult as some people would have you believe. In fact, with a
little effort, you can even lay below the industry SP at times! Anyway, even with a minimum amount of
effort, you could easily be laying at 10% above the industry SP
which would have generated a profit of
£8,970.64 after deducting 5%
commission! Even the worse scenario of laying at
20% above SP, which takes no effort at all, still produced
a profit of £5,816.56! |
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With such a
high strike rate, isn't a 50 point betting bank a little excessive?
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Maybe. But we firmly believe a cautious approach is the best policy
with any betting strategy. Don't worry if you can't bet to high
stakes to begin with, you can always increase your stakes steadily
from any profits. This is a fairly safe staking strategy but, as
with any form of betting, there are risks involved so you should
never bet with money you cannot comfortably afford to lose. Setting
their initial stakes too high is one reason why most people fail to
show long term profits because their lack of discipline and poor
money management means they are unable to continue betting when they
hit an inevitable losing patch. |
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