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21st May 2008

Todays ramblings
Good Morning.

We had our first loser on the Guest Selection (back 4 profit) yesterday. I am not to concerned because I was already in profit and we only lost by head so it proves the system is picking good runners but it has put back my plans for more aggressive staking for a couple of days while we get back a little profit.

This is now the systems 5th loser and we will look at it as usual to see if there is anything that can be learned, but if we go onto win today then all is well. I would be surprised if we lost two days in a row and I could be tempted to run a staking plan but I just don't see the point because if the system carries on running as it has then we should make up the loss in 2 or 3 days.

Darren from the betting School

Laying for Profit

You'll read no end of sales letters for wonder laying systems online (and ones you receive in the post) that will tell you that laying horses to lose is a guaranteed way to easy profit.
v Laying is a great way to make money and an opportunity we didn't have in the hard days of my betting youth but that doesn't mean that it is easy and that you don't have to be careful.

I don't want to put you off of laying as a betting method but in this article I want to just point out some facts that you need to keep in mind when planning your laying strategy.

The first myth that you will hear about often is that bookmakers don't lose and therefore if you act like the bookmaker, by laying, that you will win also.

The fact is that bookmakers can lay with an overround (Built in profit factor) of between 8% and 30% depending on the sport. You can lay with an overround of about 0.5%. And that's if you ask for a price, if you take the price available on Betfair then your locked in profit factor is - 0.5% (IE If you lay random selections then over the long term you will lose 0.5% of your turnover, ouch!).

The second trap that the new layer may fall into is that of the long winning run. For example if you are laying selections at 10/1 + you can go for long runs without any of your layed horses winning. This gives the impression that you can't lose.

But if you hit a 10/1 winner you need to lay another 10 losers to be even. If you get 2 that win in the same day your bank can take a serious hit, which brings me to my final point today.

You need a bank to cover the worst possible run. So if you hit 2 big winners close together you still have enough money available to carry out your planned bets. There are simple calculations that you can perform to work out some worst case scenarios regarding your betting losing runs (Find these in the members area) and you should make these calculations and know that the worst case will happen at some time in your betting career. Be prepared.

More people fail with their betting because they are under funded than any other reason!

Darren Power is the Editor of the Betting School Insiders Report which is dedicated to helping you to profit from your betting. You can register for a free sample copy of the report at:

New Greyhound Lay system I had come up with.

After some thought I think that the only way to run this system is as a "Stop in Profit". I am going to keep the maximum odds set to 6.00 and I am going to be a little naughty and add in a lay ladder staking plan.

11:34, Nott, Bombardier
11:57, PBarr, Windy Maria
12:58, PBarr, Tedo Spike
13:19, Nott, Solo Joe
14:47, Crayfd, Speedy Senorita
15:17, Sund, Rainham Lady
16:18, Sund, Jubilee Ace
17:17, Sund, Mays Whisper
17:17, Sund, Mayfield Flash
17:33, Sund, Small Top
17:47, Sund, Bridge Spire
18:48, Newc, Sonneti Jack
19:22, Newc, Catunda Perry
19:22, Newc, Caseys Jumper
20:28, Sheff, Knoppogue Master
20:43, Sheff, Miss Tail Told
20:58, Sheff, Kildare Linnett
21:07, Newc, Ruby Red
21:14, Sheff, Dianas Ace
21:33, Sheff, Mi Starr
21:52, Newc, Kncktoosh Swift
21:52, Newc, Ludworth Lola
I ran a little later last night to get back some profit.

11:03, HGrn, Leaway Lizzie
12:12, Newc, Middle Park Lady
13:27, Newc, Chevington Babe
15:28, Hove, Cash Back
16:37, BVue, Lifes Joker
17:47, BVue, Nautical Mentor
19:22, Swin, Swift Rogue
19:42, Sund, Mesinhere
20:13, Sund, September Tango
20:13, Sund, Highbury Nell
20:43, Sund, Craan Suki
21:07, Swin, Benja Mary
21:22, Swin, Coolagorna Folly

Please remember this is a new test and there are no rules yet.

Guest Selection (back 4 profit)
This is a new back test.
I am going to show dutching with a £5 stake split between the two bets using my dutch calculator .

I am not sure about NR's, the favourite does tend to win most of the time, with the second favourite about a 3rd of the time so it could be worth backing the the second if the favourite is a NR. If the second favourite is a NR then you can take the next runner in the betting.

2.50 Bev:
Hippolytus EP 2.94 3rd 11/8
Tartan Gigha EP 4.0 2nd 5/1
Beaten by a head!

3.10 Ayr
Hula Ballew EP 2.18
Ensigns Trick EP 4.3

A win today should make 2.33 profit dutching.

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Gray's Lays

Comments for today:
3 horses were considered today and we have chosen TABERET 1545 Ayr. The other 2 were Hula Ballew 1510 Ayr and Tartan Snow 1645 Kelso.
Good Luck.
Graham and Brian

Selection 1: 1545Ayr Taberet 1

Gray's Lays

Malcolm's Selections
Best Lay of the Day
18.50 Leic, High Standing 1st 2/1

Today: 14.35 Ayr, Abbondanza

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:

The Lay Betting SystemAdvantages 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"


You can also have this tip delivered as content to your own website.
Click here to find out more.

Place System: 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 + 73.67
Points new system (30/07/07) +32.04

14:15, Gdwd, The Which Doctor EP 4.4

17:10, Goodwood, Rockfield Rose EP 2.22
17:30, Ayr, Dance Sauvage EP 2.28

(*) No bet under new system idea


Back test system
Started 13/12/2007. We orginally tested this as a "lay" system but I felt the results were better suited to a "Back" system and so that is how we are now testing it.
£10 stakes.

Level Stakes
£-6.07(after 5% commision) Started 25/01/2008
Using a staking plan similar to CashMaster, started 11/3/2008 after a win on the 10/3/2008.
Bank(staking plan) + £57.26 (staking running loss 0.00 )
15:40, Muss, Kasumi EP2.36 1st 1/2 (there was a non runner so I am going to use the 1/2 price)

14:15, Gdwd, The Which Doctor EP 3.95

Remember this is just a test and we are paper testing laying these selections.

Other Information
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Have a good days racing.


P.S. How about something different...

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