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27th November 2007 2007
Todays ramblings
Good Morning.
Betfair's planned maintenance over ran this morning
making everything late. Still it is good to see that they now do their updates
earlier than they used to, akthough the time the site will be up keeps going
out!
Someone asked me to explain the lay ladder yesterday, so I thought
I would reprint this article for those of you who are unsure.
Try
not to climb The Lay Ladder
In a previous
article
I wrote about your liability so I thought I would carry it on with some
information about the lay ladder.
I first come across this idea
when I got hold of a copy of the
Bank Vault Report.
Briefly the ebook covers a
stop at a winner in reverse so you stop at the first loser instead, but
because you may have to go through a couple of winners to get there you still
want to end up in profit.
The first thing to do is
consider how much you want to win after you have a successful lay.
So let's run a couple of
imaginary races so you can see how this works, we will set our profit at
£10.
Race 1. We bet £10.00 at
odds of 2.00 our liability is £10.00 (2.00 - 1 X £10.00 =
£10.00), unfortunately for us the horse wins, so we have lost
£10.00 (Betfair does not charge commission on losses).
Now we go to race 2, but we have
already lost £10.00 and we want to make £10.00 when we do win.
Race 2 The favourite is trading
at 1.7 so we need to bet £20.00 which means our total liability is 1.7 -
1 X £20 = £14.00 we are lucky it is a cheap bet but unfortunately
for us the horse wins as well!
We have now lost £10 on
race 1 and 14.00 on race 2 and we still want to win £10 so on the next
race we have to bet 10 + 14 + 10 = 34.00
Race 3 The favourite is trading
at 2.4 so our liability is 2.4 - 1 X £34.00 = 47.60 its third time lucky
for us and our horse losses it's race, so our final stake splits down like
this. 34 - 10 (loss from race 1) - 14 (loss from race 2) = £10
profit.
Unfortunately it is not quite as
simple as that because now that we have won we have to pay commission to
Betfair which if your new is 5% and remember you are paying it on the amount
you won which as far as Betfair is concerned is £34.00
So 34 X 5% = £1.70
commission so your £10.00 profit becomes £8.30 if you had of won on
the first race then the commission would have only been 50p so you must
consider this when working out your next
bet.
--------------------------
A reader named Gary.
These are for
laying, I do suggest people only do this on paper for the moment, since it is
still in testing. However results have been very positive so far, it has had 1
or 2 bad days, but has recovered them quite quickly:
Laying:
27/11/2007 14.47 Crayford BAGS Alexandras Girl 5
27/11/2007 15.28 Crayford
BAGS Questhouse Peggy 6
27/11/2007 15.48 Crayford BAGS Fandango Fayre 4
27/11/2007 17.07 Crayford BAGS Xamax Diamond 1
27/11/2007 17.33 Sunderland
BAGS Autumn Moonraker 1
27/11/2007 17.48 Sunderland BAGS Market James 5
27/11/2007 18.11 Crayford BAGS Reenview Daisy 4
27/11/2007 18.18 Sunderland
BAGS Bower Honcho 4
27/11/2007 18.39 Sheffield BAGS Daves Gift 5
27/11/2007 19.06 Hove BAGS Succeed 5
27/11/2007 19.32 Newcastle BAGS
Bohemian Nomad 6
27/11/2007 19.37 Hove BAGS Harry Surprise 3
27/11/2007
20.04 Newcastle BAGS White Tart 2
27/11/2007 20.47 Sheffield BAGS Confident
Fawn 6
27/11/2007 20.52 Newcastle BAGS Canny Corrina 1
27/11/2007 21.07
Newcastle BAGS Stay Cool 4
27/11/2007 21.12 Hove BAGS Quickasacat 1
27/11/2007 21.22 Newcastle BAGS Derryhogan Ring 1
27/11/2007 21.33
Sheffield BAGS Liberal Monarch 6
27/11/2007 22.4 Sheffield BAGS Toosey Boy
3
There is no staking involved just level stakes. I will get Gary to
send me all his results so far so that we can put them in to a web
page.
2. Guest Selection - Brian's and Graham's win tips.
Brian and Graham's win tips are shortish priced but very consistent.
Yesterday.
No Selection
Here are today's (win bets)
No
Selection Today.
3. Place System (win Bet) - Started 20-11-2006
This is a
Betting
Exchange only place system, you can see the results so far
here. Prices are a snapshot from the morning between 8 -9. 3
Place 8 runner races only.
Points since we started + 57.34
Points new
system (30/07/07) + 22.85
Yesterday:
14:20, Ludlow, Marked Man EP
2.08 2nd
15:10, Ayr, Chickapeakray EP 2.18 5th
I left the points as they
were becuase it was only a win of .08
Today's:
There are no
selections today because the markets haven't settled enough for me to get the
correct selections.
(*) No bet under new system idea
4. Miracle System (win Bet)
Yesterday:
Normal: 12:30, Lingfield, Faithful Ruler NR
Pts 2007: +0.61
Top Choice: 12:30, Lingfield, Faithful Ruler 75pts NR
Pts 2007:
- 0.18
Bank =569.27
Today:
Normal: 12:10, Kempton, Procas
De Thaix
Top Choice: 12:10, Kempton, Procas De Thaix 75pts
(we are trying an experiment with the Top Choice selection and the points are
based on where we are in the staking plan. 25pts is the level stakes bet and we
started with a 500pts bank on the 22/06/2007)
You can purchase this system
here:
http://www.horseracingsystemsuk.com/miracle-system-06-payment.htm
5. Sponsor of the day (please take a look you never Know!)
Turn your lay betting system into winning systems with Roy's easy learn low
risk Amazing staking plans.
Click Here to read
more
6. "Best Lay of the Day" -
Lay Betting
System Bet
Yesterday:
13.20 Lud, Commander Vic 10th 15/8
Today: 15.20 Sedg , Four County Lad
Please Note: The lay betting
system is actually 4 systems in 1 and I will choose one of the selections for
this tip.
You can purchase the system formula:
http://www.makeyourhorseracingpay.co.uk
 Advantages of owning the system:
1) Pick more than one race
a day
2) Make a selection later in the day (normally more choices)
3)
Password protected forum so you can talk to other owners.
4) UK or IRE
races
5) Bonus Systems and regular updates.
6) Now on V4
7) 3
systems, 1 for flat 2 for Jump/Chase
8) Owners get free updates
9) Now
includes Lay Place System.
10) Now includes AW System
11) Now includes
the Investment System
If you own your own website you can makes some money
by promoting the "Lay Betting System"
http://www.laybettingsystem.co.uk/affiliate.htm
**NEW**
You can also have this tip delivered as content to your own
website.
Click here to find out more.
7. Today's sponsor tip
Bills 321
Lays
Selection 1: wolverhampton 12.50 kirsty lad*
Selection
2: 1.25 ochre*
Selection 3: 2.00 kennington*
Selection 4: 2.35 lady
bower*
Selection 5: 3.10 sweet mischief*
Selections 6: 3.40 celtic
strand*
Selections 7: 4.10 princely ted*
Selections 8: 4.40 sweet
pickle
Staking: The rule of the 321 staking plan is subjected to the
price of the horses odds on betfair or other exchanges that allow you to lay a
horse. Odds 0-to 6.0 lay 3pts 6.1 to 10/1 lay 2pts 10.1 to 20 lay 1pt
Bills 321 Lays
8. Greyhound Selections- Lay
System started 07/11/2006.
Sorry no more Greyhound Selections
after 6 months of testing!
If you subscribe to the
Grey Horse bot then you can still
load the session file in.
http://www.laybetting.com/session.xml
Or there are still a few copies of the system left.
http://www.laybetting.com/mals-grey-sys.htm
Please tell your friends about
this daily tip and pass on my URL
http://www.horseracingsystemsuk.com
Have a good days
racing.
Malcolm
Malcolm@horseracingsystemsuk.com
http://www.laybetting.com
http://www.horseracingsystemsuk.com
P.S. How about something different...
http://www.greyhoundlaysystem.co.uk/
We make every
effort to supply high quality tips, but we cannot be responsible for any losses
incurred by any persons using these tips or any of the information
provided.
This tip is provided FREE and in good faith. It can stop or
start at anytime, the sponsor of the tip can change at anytime.
You
can use it on your website but all links must be kept in place.
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