Or how professional Betfair traders employ this strategy? In his latest weekly article, Caan Berry reveals all It's not a secret that some horses trade at low prices in-running, or regularly lead a race. But how do you make the most of it? It's not always as easy as it initially seems. In this article we'll have a look at what that means, how it works, the risks and show you a live example from my own trading.
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What is backing to lay? Backing to lay is a relatively well known strategy employed by traders on Betfair's Exchange within the horse racing markets. When used correctly, with the correct criteria and strict execution it can prove extremely rewarding for relatively little effort. The key is in the selection process. Those who collect data based on a horse's in-running prices, and track behaviour at the start are most likely to succeed.
How does backing to lay work on Betfair?
Just think to a national hunt racing, how often is a horse gifted an easy lead? To savvy traders, that can also mean a gifted profit. The principle is simple. Back the horse that is expected to lead the race by a significant margin, or trade at a far shorter price in-play. That's pretty broad though, so I'll break it down into 3 steps and offer some suggestions on where to start looking for your first back to lay bet. Knowing the boundaries and planning ahead is rewarded with success. Picking a solid selection is important.
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Looking at historical data with horses behaviour is a good start. Timeform is a great resource to see at which prices horses traded in-running on previous appearances. For the more experienced, it's sometimes very obvious that a horse will take the lead based on behaviour down at the starting post.
This is also where betting software pays for itself. For many, this is their downfall. Being greedy or panicking will lead to losing, pick an ideal exit position before the race even starts see the video at the end of this post. At the end of the day we're betting on a group of animals charging around a field.
Things are bound to go wrong on occasion. Having a plan to take into action should this happen will assist you in limiting potential downsides, enhancing the overall bottom line. When you place a back to lay bet or trade the risk should be limited. The idea being you only enter the situation and place the bet if the potential reward outweighs the risk. We want to leave as little as possible to chance. You don't necessarily need software to place a back to lay trade.
Planning ahead is always a good idea, the further you plan, the easier it becomes to succeed. When you find a high quality back to lay opportunity you could place the bets via the website. Placing the back bet first and the counter-bet with the persistence to go in-play. However, you miss the added benefit of speed and potentially a few extra price increments profit. Using the website certainly doesn't make backing to lay impossible, although I view winning as a game of inches. To get the best possible returns it's advisable to have the best tools at your fingertips. Betfairs apps directory lists a range of such tools.
I wouldn't advise doing this. Although it's possible to make a profit in this manner too, the sample of opportunities is drastically reduced. When you place a back to lay bet you are limiting your potential loss to that of your stake I don't advise backing to lay odds-on horses. The ideal price range is above [5. If you were to lay first; you are risking significantly more of your betting capital should things go wrong. Unless you're laying at [1. In addition, what if another horse in the race falls at the first?
It's going to hurt. On the other hand, with a back to lay bet, if another horse in the race falls it's a bonus accelerating profits in the process.
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Here is a back to lay bet from the Betfair pro traders campaign in , featured on Betfairs YouTube channel. You can also see the original post, predicting this would happen before the start of the race here. OK, I get it. Wimbledon Day Nine Women's Tips: Strycova value to silence British crowd There's a quick turnaround after Manic Monday for the women at Wimbledon with all four quarter-finals taking place this afternoon.
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Embeds 0 No embeds. No notes for slide. The Frontlinelay System 1. You are lucky, because in this free report I will give you an insight into the world of aprofessional gambler who makes his living from laying horses. The Frontline Laysystem is a proven method that consistently wins you money time and time again. In case you havent heard my name is Ross William Turner, I am 30 years old, and Ihave been making an income from laying horses for the past 7 years.
This could be you: 1 2. Frontline Lay SystemSo there I was, quietly making money and minding my own business taking moneyoff the "mug punters". I generally try to keep myself updated on the lay betting sceneso I signed up for some emails about other lay betting systems. I was amazed by therubbish being sent out by the so called gambling "Gurus".
Its obvious that these "Gurus" have no idea what they are talking about. I decided that enough is enough! I have put my own killer method down on paper andin this free report I will give you some clues as to what to look for.
Betfair Horse Racing Trading: How to Make Money Trading on the Horses
As well as thisfree report you will be receiving my 5 day email course on successful lay betting. In other words, the higher the Negative - Mark, the betterchances of the horse losing, and you should Lay those horses! After going through the process, I selected to lay Dickie Le Davoir: 3 4. Frontline Lay SystemLets look at the results. I remember what it was like to be stuck in a dead end job, doing the daily grind,sucking up to a boss you hate, just to pay the bills and only having the weekend tolook forward to. Frontline Lay SystemI hope you have enjoyed this free report and check your email regularly for moreexcellent free stuff.
If you require more information on laying horses like a Pro thenhead over to Frontline Lay. I wish you well on your future success. Ross Ross the author of the Frontline Lay ebook which shows people how to lay race horses successfully.