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Thread: new horse laying service

  1. #1
    gil
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    new horse laying service

    hi.i have been proofing a horse laying service over the last couple of months,including 1 month to a bona fide promotor.this service has shown large profitability,and in due course i will be offering it out on a monthly subscription basis.
    the rules are simple.you are laying the favourite in specific races,with only a couple of criteria determining the viability of whether it is a selection or not.
    basically minimum odds of 2.7,and it has to be a clear favourite.
    between odds of 2.7 and 3,there has to be a 4 point gap in the market to second favourite i.e. if fav is 2.72,2nd fav has to be minimum 2.8
    between odds of 3 to 4,a 3 point gap,so a fav at 3.15,minimum odds for second fav would have to be 3.3 or greater
    and over 4 a 2 point gap,so a horse at 5.2,second fav would have to be 5.4 or greater.
    i will post selected races on a daily basis,as well as update on results.
    the admin of this site has known me personally for around 10 years,and can vouch for my honesty and integrity,and when i say we are around 100 point profit for the 2 month period,i mean exactly that.you are betting each race at 2.5% of bank,not liability,a straight 2.5% bet.
    so for example if you start with a $200 bank,each lay bet is to WIN $5.
    anyway onto the selctions.

  2. #2
    gil
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    ok a lot of selections for tomorrow.(race times with a letter after them refer to irish racing,in order to avoid confusion about conflicting race times).

    2.00
    2.35
    3.00
    3.45
    3.55
    4.30
    4.45
    4.55 C
    5.00
    5.15
    5.20
    5.35
    8.25
    8.55

    results to follow after tomorrows racing.in the next few days i will put together and post past results for this system,so you will be able to see just how good this is.

  3. #3
    gil
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    decent 2.28 point profit with only favs winning in the 4.30 5.00 and 5.35 all at pretty short odds.11 favs duly lost.
    anyway i have been running a bank from $200 at the start of the month to level stakes.all has been proofed,and at the start of the day our bank showed $242.05.so with todays profits it now shows $253.45. all for a $5 bet on each race.so basically we are up 10 points on the month so far.i know im not including betfair commission into the mix,but im sure by the end of the month we will be so far in profit commissions will take up a fraction of what we have made.besides its a pain in the ass to add a bunch of $4.75s together,plus different betfair customers get different commission percentages.

  4. #4
    gil
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    just the 2 selections for sunday,2.10 C and 5.05.

  5. #5
    gil
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    well the 2.10 would have been a non run seeing as though fav and second fav were too close to call(5.9 and 5.95 respectively).also the 5.05 odds were too low at 2.26,so no bets today.however ive incorporated a bot into this,and it did actually place a bet for me on the 2.10,on pale orchid.horse lost anyway so i personally picked up something on the day.ive only just started using the bot,so ive probably not got settings right,but time will tell.either way im happy enough that if 2 horses are close in the market ill roll the dice and let the bot choose.im like that lol.but i wont be including these selections as part of results,because in reality they are too close to call!!in trading when you have 2 joint favs,one of them wins around 50% of the time,so chances are youll only lose your bet 25%(if you are taking on a random joint fav youll get it right half the time probably)
    Last edited by gil; 09-11-2011 at 09:06 PM.

  6. #6
    gil
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    selections for 12th sept
    2.30
    3.30
    4.40
    5.00
    5.40

  7. #7
    gil
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    ok bot placed bets on both 3.30 and 4.40 even though system said no bet for both.so personally it wasnt too bad.official loss on the day of 4.95 points however.means running point total for month so far=+8.23 points.

  8. #8
    gil
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    just the 2 selections for tomorrow,3.55 L and 5.10

  9. #9
    gil
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    both favs failed to land,profit on the day +2 points.monthly total +10.23 pts.

  10. #10
    gil
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    selections for 14th sept
    2.30 L
    2.35
    3.45
    5.40
    6.10

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