Horse Racing Trading Strategy Lay The Field [£125 Profit Demo!]
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- Опубликовано: 13 сен 2024
- Get the PDF here: sportstradingl...
See the Lay The Field Demo video in full here: • The LAY THE FIELD Raci...
Recently I demonstrated how to use a classic horse racing strategy called Lay The Field. This takes advantage of the market volatility on Betfair and can allow some low risk, high reward profits.
However, it is a strategy that looks easy but making a long term profit with it is not so easy.
So I put together this video to give you guys some extra tips on how you can make money using this method.
Watch the video and take the tips on board. The important thing with this strategy is finding your own edge in the market since if we all try this on the same courses and at the same odds then none of us will profit.
You also have to consider different odds formulas and laying at different levels which I demonstrate in a trade that netted us £125 Profit for 3 minutes work!
See the Lay The Field Demo video in full here: • The LAY THE FIELD Raci...
Get the PDF here: sportstradingl...
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Disclaimer: This is not financial advice. Past results are not necessarily indicative of future results. The risk of loss in trading can be substantial, carefully consider the inherent risks of such an investment in light of your financial condition. The content in this video is for entertainment purposes only.
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Hope you enjoyed, download the LTF PDF here: sportstradinglife.com/ltf
What happens if you place a lay the fields bet at 3.0 or more?
The idea of only entering the lays once you see how the race is unfolding is a good tip, hadnt thought you could do that. thanks
Probably the best way to get an edge on this these days, you can avoid the races with a clear winner and improve your strike rate
Many thanks Ben! Great value as usual.
Slightly off topic, but would be sharing a good system to use on the Dogs at some time in the future please?
If I can find one I can take a look at that. Haven't looked at dogs in a decade now!
nice video mate , so many strategies , really difficult to have a look on various markets and matchs
Lots for you to sink your teeth into
Hi, great video. I work with Bot. On the bot you can chose track condition and i presume the best track is fast?
That's Really Nice
It would have been helpful to have mentioned where we can get the software.....
También usaría diferentes tipos de cuotas: 3,2 - 2,5 - 1,8 al ser cuotas relativamente altas hay más posibilidades de que se igualen y además no garantizaría la victoria del caballo al ser cuotas tan altas.
Has desarrollado alguna estrategia para los caballos amigo?
I used this strategy and the ending was very competetive, but for some reason, the market froze, and I was only matched with a winner. Don't think it's fair when actually there were like 4 horses who could have won as well.
Hey Ben, thanks for this, great content as ever and well explained as ever! Just wondered, on the race where you LTD in play to see if it had got competitive, did you have all the lays and prices on your bet slip PRERACE, and did it let you keep them there?
Good question Ben. I actually just put the bets up at the start of the race then you are ready on the button. If you do it before the race you have to press keep then once it begins you will have to "unkeep" all the bets so getting it done in-play is better.
With software it can be done with one click too.
@@SportsTradingLife Thanks Ben. I did a couple of races 'blind' yesterday in US that looked competitive just for £20 each and got 2 from 3 races with two 1.5s matched for a little profit. Worth looking into for sure and was quite fun as you said.
@@bengrimshaw4811 Nice start. So you can see what can happen as you start to narrow things down. The US races have been quite good for it since not as much in-play competition like the UK races.
Hi Ben, I am completely new to horse racing and I am trying to implement this strategy. Right now I am only seeing races mainly in USA and Australia. I am trying my best to research the different courses but do you have any specific race tracks that you can recommend me to use for profit as a complete newbie? Thanks Ben
Liquidity in USA & Aus races tends to be much lower than UK & Irish racing, the price movements are also far worse (sometimes horrendously bad price movements). This will work well on larger field sprint races with no clear fav, good strategy to use but shouldn’t be solely relied on 👍🏾
Hi Ben iwhat do you think about laying the field at 1.05 in play when you feel a horse from the back may come on to win on the line? as i saw in your video a few horses losing at 1.01 i know it will be long waits for it to hit but when it does you will get a massive payday!!
If the data suggests it happens enough on that course to be profitable then it can definitely work, you would need a lot of patience as I can imagine you would easily go many races in a row with no winners.
One for bigger stakes due to such low liability... Nice payday when it does come up... But then the problem will be that the only time you are fully matched will be when the selection goes on to win... Good to get your LTF bets in early so they are near the front of the queue to get matched - another tip :) But then they are visible - another tip!
@@melvynburchell Yes a problem with laying at say 1.03 is there are a bunch of others already doing that. Your horse might hit 1.03 and lose but you can't guarantee your money will have been taken.
Short the field best summer only ???
thanks forr all ben
After trying this strategy in more then 20 races, following strictly the information in this video, the winning streak was less then 20%. The markets allow the odd go down to 1.5 (to be matched) only when a horse has practically won the race already. Because of this it's very unusual that we can get that sort of odds in a different horse during the same race. This tactic doesn't work in the long run. Not worth using.
I'm not convinced a statistician would think that "more than 20" races means you gave the strategy a fair shot. But, each to their own and all that....
@@arthurpewtey You probably need about a thousand instances to make this statistically valid. Which is part of the problem when you start out
So if I LTF on a 10 horse race, would I need £500 in my account to do the trade?
You would only need enough to cover the ONE losing lay since only 1 horse can win the race so that is all Betfair needs to cover the liability.
Do you recommend laying at 1.5 or 2?
How do you get the live video feed before a bet goes in?
USA racing usually has the races for free. Otherwise you could do a minimum bet on the place market or a quick scalp to qualify.
Sports Trading Life aha, of course, I forgot we were looking at US racing.
I’ve been able to watch the races via the Racing Post app. It gives you the option to log in to a bookmaker to display their odds and I’ve been able to view them on the Racing Post app by logging in to my William Hill account
Hi Ben I have a question, So yesterday I layed the field on Tampa bay earlier in the day all at 1.5 then pressed keep and updated I then double checked all was correct following your guidlines.
Later on I checked back to see if I made a profit and noticed all the odds were changed to 1.2 and only made a tiny profit.
My question is how could these odds have changed even though I pressed keep ? Im at a loss with this as you did say you can do this strategy in advance ?
Yes something I should have covered is that if a horse is withdrawn they adjust your bets accordingly. Very annoying and can't find a workaround for that.
@@SportsTradingLife So would you suggest it would be better to lay the field just prior to post and / or in play ?
As an aside I have learnt so much from your vids so thankyou so much for sharing your wisdom, this strategy is by far my favorite as I can lay with low stakes of £10 or £20.
I m following u from last 2-3 yrs but in india we dont have a betfair website
I think most indians use 9wickets?
@@SportsTradingLife no,i use bet365 and betway help me am in huge loss
@@jitbahanmahto3883 heres a tip.....stop betting.
Use matchbook
@@Joseph-rj2xz Bro how is matchbook
Can this be done on virtual horse racing?
Definitely not worth trying that, virtual racing has a house edge that can't be beaten.
Holy fuck never heard the like of that 🤣🤣🤣🤣
Helen hollyhead virtual racing doesn't have an in-play market. In addition as pointed out a computerised system with a built in edge you can't beat.
Can u give me anything in bet365 pls
Trying this in practice mode on BA and it’s so far had 20 losers and 2 wins! Hmmm
NOT GOOD,you was laying Soaring Now at 1.5 and 1.25 to win £125 if he went on to win you lose £75 ok, as it was Segnatawnee got up to win and you won £125 BUT when Soaring Now was fully matched and all remaining bets was to be canceled at that time you would of won £200 because Segnatawnee got up to win,also Soaring Now was trading as low as 1.02 1.03 1.04 which means at least 96 out of a 100 times you would of lost the £75 so why not cancel all bets when matched
This isn't good to do as you won't hit much unless you know everything about horses