crap system. You barely ever get more than 2 horses hit 2.0 in-running. Even if you get 2, you break even. You need 3, just to make 2x profit. That scenario will happen maybe 5% of the time
Further to my comment below:- 131 horses (GB ONLY) traded at 1.01 and lost, now laying to win £1000 (£10 liability) at 1.01 after commission at 4% would have returned £125,760 and you would have lost £102,840 on the horses that won the race. leaving a PLUS Profit of £22,920. Try getting your money in at 1.01 though and being at the top of the queue ;)
@@PipBets I have the data on every horse and dog in UK/Australia going back 3 years! Plus a load more random data! Yeah every market is filled at 1.01 in the horses as soon as it opens. Check any race tomo already and there will be thousands sitting at 1.01. It's one the profitable exchange loops. Of course there are more than that though ;)
I think your approach is a little wrong. Lay the field is a well known strategy. But some requirements needed. Race with as many horses as possible, sprint races and no clear favorite. So you should avoid races with only a few horses and definatelly avoid hurdles and only use flat sprints
You can win at laying the field, but not if you just pick races at random, which is what you did. Factor in the odds of the favourite, the distance, the competitiveness, the track, etc, etc.
Hi Arb Hunter. I use races of 1 mile or less and not any race with a clear favourite. Some people go with handicaps only, but it's a good idea to try and watch the start to see if any horse takes a clear and commanding lead - then it's no bet. So preferably use some trading software, I use Bet Trader as I'm on a Mac. I agree, you'll never win every time with this method though.
14:30 Listowel this is one of the 3rd fav jobs at good odds first and second fav are 5 and 6 third fav is 10 almost you could back it in first 4 place market and lay it in the 5 place market if its 5th its a double loss remember, looks good for first 4
Have had some success with Lay The Field over the years but as with all trading, this is not a one size fits all blanket strategy. Race selection is key. Also I don't understand why the person you are talking about would select odds at evens as you need 3 matched to make a profit, go odds on and you only need 2 to be matched (allow for commission)
✅ Download FREE Guides Here 👉 bit.ly/2Lzin04 Fun video - no strategy - just a random experiment ... "off the cuff" recording ... Personally, If I was interested in devising a "lay all" strategy - I would select races carefully. IRE Front runners or focussing on specific distance races ...
Sol de America (Par) 1-0 General Diaz thats not worked out the way i said glad i pulled out when i did mind you some one kept backing Sol de America. now i know why.
it doesnt work... lets look at the full year of 2017. GB races only. 10,284 horses won their races. 8191 horses traded at 2.0 or less inplay. assuming 4% commision you would have made £78,633 profit @ £10 stakes. Now you would have lost £102,840 on the the other 10,284 horses that went on and won the race that you laid at 2.0 Net Profit is a minus £24,200
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i understand what he means i think hcaps would be better and odds at 1.6 would be better i think , but what do i know im a football trader. i never even traded the derby
Doesn't work. If you are left at the end with nothing matched, betfair will swipe the money anyway, as it will take it from the winner at 1.01. Betfair is a scam.
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crap system. You barely ever get more than 2 horses hit 2.0 in-running. Even if you get 2, you break even. You need 3, just to make 2x profit. That scenario will happen maybe 5% of the time
Further to my comment below:-
131 horses (GB ONLY) traded at 1.01 and lost, now laying to win £1000 (£10 liability) at 1.01 after commission at 4% would have returned £125,760 and you would have lost £102,840 on the horses that won the race. leaving a PLUS Profit of £22,920.
Try getting your money in at 1.01 though and being at the top of the queue ;)
@@PipBets I have the data on every horse and dog in UK/Australia going back 3 years! Plus a load more random data!
Yeah every market is filled at 1.01 in the horses as soon as it opens. Check any race tomo already and there will be thousands sitting at 1.01. It's one the profitable exchange loops. Of course there are more than that though ;)
I think your approach is a little wrong. Lay the field is a well known strategy. But some requirements needed. Race with as many horses as possible, sprint races and no clear favorite. So you should avoid races with only a few horses and definatelly avoid hurdles and only use flat sprints
You can win at laying the field, but not if you just pick races at random, which is what you did. Factor in the odds of the favourite, the distance, the competitiveness, the track, etc, etc.
Hi Arb Hunter. I use races of 1 mile or less and not any race with a clear favourite. Some people go with handicaps only, but it's a good idea to try and watch the start to see if any horse takes a clear and commanding lead - then it's no bet. So preferably use some trading software, I use Bet Trader as I'm on a Mac.
I agree, you'll never win every time with this method though.
You're welcome Arb Hunter. Your matched betting seems a better prospect though, I may give it a go.
14:30 Listowel
this is one of the 3rd fav jobs at good odds
first and second fav are 5 and 6 third fav is 10 almost
you could back it in first 4 place market and lay it in the 5 place market
if its 5th its a double loss remember, looks good for first 4
who knew rio ferdinand did horses in his spare time
Have had some success with Lay The Field over the years but as with all trading, this is not a one size fits all blanket strategy. Race selection is key. Also I don't understand why the person you are talking about would select odds at evens as you need 3 matched to make a profit, go odds on and you only need 2 to be matched (allow for commission)
✅ Download FREE Guides Here 👉 bit.ly/2Lzin04
Fun video - no strategy - just a random experiment
... "off the cuff" recording ...
Personally, If I was interested in devising a "lay all" strategy - I would select races carefully. IRE Front runners or focussing on specific distance races ...
18 runner 5 furlong Sprint
You could back the first horse that hits evens and lay them at 1.1 or something just to green up coz quite a few horses trade low and get beat.
Arb Hunter I tend to just be a layer but usually bsp and cash out in profit if I can in running.
Sol de America (Par) 1-0 General Diaz
thats not worked out the way i said
glad i pulled out when i did
mind you some one kept backing Sol de America. now i know why.
it doesnt work... lets look at the full year of 2017. GB races only.
10,284 horses won their races.
8191 horses traded at 2.0 or less inplay.
assuming 4% commision you would have made £78,633 profit @ £10 stakes.
Now you would have lost £102,840 on the the other 10,284 horses that went on and won the race that you laid at 2.0
Net Profit is a minus £24,200
In this one can we just type 2 on the lay odds even if the original lay odds are different than 2? I am confused
im looking at matchbook prices not bad are they mate, no commission
can you provide betting exchange market website.
Surely your better off trading in a 18 5f Sprint?
Can we use martingale strategy to over come the losses.... using laying the field method
Thanks
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14:40 Leicester
this is a perfect one, 3rd fav 2 place and 3 place market
no trying to get mrs to do voice over
i understand what he means i think hcaps would be better and odds at 1.6 would be better i think , but what do i know im a football trader. i never even traded the derby
Watched recent vids posted March 24
liked so much, now starting from beginning 🙂
Thanks mate
In an average race there are 10 horses, 9 horses lose, so it’s logical to see how you could make money by laying on horses
Do you think accounts may last longer if newbies ignored the offers and just use them for arbs.
No - I lost bet365 only from each way betting...
i think i have sorted the best lay price on in running
1.37 tend to drift at least 15 ticks on a regular basis
I'm not entirely convinced that four races constitutes "statistically significant" research, but each to their own and all that.....
Agreed - as mentioned in the video, I suggested a dataset of around 1000 + samples to get a realistic idea
THINK THE ONLY WAY TO WIN ON THAT IF YOU GET A PHOTO FINISH
Be careful of matchbook. They discriminate me without any reason. Before discriminate me matchbook was okay
What do you mean by that? 🤨How do they discriminate you?
Doesn't work. If you are left at the end with nothing matched, betfair will swipe the money anyway, as it will take it from the winner at 1.01. Betfair is a scam.
Wtf is this about you wil go skint doing this
That was the purpose of this video mate
Although you could argue that I wasn't selective - It'd still be not much different at 2.0 I think
It's a waste of time and money.
Arb Hunter yes I have tried and lost money we need to be more creative as Betfair keeps tweaking.
Sun bets are paying up yahooooooooo