lay of the day

silax

hi people
i've just started a new system and the results to date have been quite good so thought i'd start sharing them with you people.
my results so far have been
11/07/06 south 15:30 BAYTOWN PAIKEA 4.8 6th
10/07/06 Muss 15:30 ALAMBIC 2.6 1st
09/07/06 Brig 14:30 LAW OF THE LAND 3.2 5th
08/07/06 Sand 16:50 ANS BACH 6.0 2nd
07/07/06 Warw 16:40 LUCAYOS 3.9 6th
06/07/06 Perth 15:40 GONE TO FAR 5.7 2nd
05/07/06 Catt 16:00 SHARP HAT 5.0 4th
04/07/06 Ham 15:15 SHY GLANCE 5.3 4th

the prices are what i took on betfair and i'm sure one of the good chaps on here can verify them from my website.
they are system lays so as with all system lays they sometimes go wrong i.e. alambic hacked up by about 12 lengths :mad:
hopefully i can help some of you make a little cash but i would advise just minimun stakes with them for a good while in case they go tits up.:eek:

wb

silax wrote:

the prices are what i took on betfair and i'm sure one of the good chaps on here can verify them from my website.

I can confirm that that silax posted these on his site, and is not aftertiming.



Nice to see that you are sticking them up here silax. Interesting to see a good few short priced lays in there. Good luck.

silax

12/07/2006
catt 14:45 FINAL TUNE 7.8
price is a bit high for this one but nothing i can do about that i'm afraid

Sizzler

Im not going to say Im an expert at laying off horses, although I have backed a few losers in my time BUT.....Newmarket today seems to be offering up some major opportunities to lay off Favs. I reckon theres a few quid to be made there today.....

From what I can see Favs have a pretty shoite record there...maybe someone might correct me on that?!

(Watch out now for all the favs winning this afternoon ha!)

brave inca

silax wrote:

12/07/2006
catt 14:45 FINAL TUNE 7.8
price is a bit high for this one but nothing i can do about that i'm afraid

i have a suggestion about laying. For eg. with this horse. You think its not going to win and you probably think that it will drift in the market. My suggestion is that if you were to lay it at 7.8 and then back it when it drifts are you not guaranteeed to win. It sounds so easy.

brave inca

does anyone see how this couldnt work.

silax

hi people
the price was high for me on these but it got beat albeit 2nd believe me there was no one more worried then me putting this one up at the price but thats what the system dictated so i had no choice hopefully in the future the prices will come more in line with what i've already posted/
good luck keep the stakes small

silax

brave inca wrote:

does anyone see how this couldnt work.

sorry brave what couldn't work

silax

brave inca wrote:

i have a suggestion about laying. For eg. with this horse. You think its not going to win and you probably think that it will drift in the market. My suggestion is that if you were to lay it at 7.8 and then back it when it drifts are you not guaranteeed to win. It sounds so easy.

well brave when i lay a horse its a lay unless the price doubles then i'll back half back to give me a free lay otherwise its full on lay basically i don't think the fooker will win unless the odds dictate its lay lay lay

Sizzler

Sizzler wrote:

Im not going to say Im an expert at laying off horses, although I have backed a few losers in my time BUT.....Newmarket today seems to be offering up some major opportunities to lay off Favs. I reckon theres a few quid to be made there today.....

From what I can see Favs have a pretty shoite record there...maybe someone might correct me on that?!

(Watch out now for all the favs winning this afternoon ha!)

Two out of seven favs won, wouldnt have been a bad afternoons work

silax

Sizzler wrote:

Two out of seven favs won, wouldnt have been a bad afternoons work

well i got 5 out of 5 at newmarket well pleased cos big meetings can be a layers downfall

wb

brave inca wrote:

i have a suggestion about laying. For eg. with this horse. You think its not going to win and you probably think that it will drift in the market. My suggestion is that if you were to lay it at 7.8 and then back it when it drifts are you not guaranteeed to win. It sounds so easy.

This is certainly an opiton brave inca, and anyone who can read and predict market movements can make a small amount of cash from it. It can be done the other way too. (Back high, lay low) It is hard work though. The first thing to consider is that you will only be making very small amounts of cash IF the horse goes on to win. (unless you use a bot, which allows you to 'green up' and spread the difference - see the betfair sticky)

Will you be kicking yourself that you did not leave the lay alone if it goes on to lose?
Also, what if, as often happens, you read the market wrong and the price comes in instead of going out?
If you want to get serious about this, the best price movements are to be found in the ten minutes before the off, and there is some good oppertunities to trade. (only do this on the bigger UK meetings, there is not enough liquidity in some of the Irish, and the US racing is a minefield.) To do this properly and quickly, you will need a bot.

Have a read of the betfair explained sticky (check the index in post No. 1 for the TRADING and BOT sections) If you have any questions, stick them up, and I'll try to answer them as best I can.

Robin1982

brave inca wrote:

i have a suggestion about laying. For eg. with this horse. You think its not going to win and you probably think that it will drift in the market. My suggestion is that if you were to lay it at 7.8 and then back it when it drifts are you not guaranteeed to win. It sounds so easy.

Finnpark's Trading Thread: Reply

The above link is to one of my posts in a thread about another forum user conducting the same strategy (except backing and then laying off). Up to you what you make of it.

silax

13/07/2006
newmarket 16:55 FAST HEART 5.8

silax

silax wrote:

13/07/2006
newmarket 16:55 FAST HEART 5.8

3rd 5/1 pleased with that and the fact i beat s/p on betfair laying it early not that it matters when they lose

silax

14/07/2006
Ling 16:40 Fyvie 5.7

dvdfan

Just a suggestion, maybe it would be worth putting a daily summary of your total profit/loss so far, would make it easier for people to follow as the thread grows, good luck with it:)

silax

ok dvd no probs
well todays was 4th so thats 11 lays 1 winner +8.44 points not bad 90% strike rate

silax

15/07/2006
york 17:00 MAIL EXPRESS 6.4 3rd

silax

another shortie bites the dust
results 12 lays 1 winner
+11 points strike rate 91.6%
if i can keep this strike rate up i for one will get rich

wb

Well done silax. Is this the new system you were working on for a while that you were telling me about?

silax

no its not basically because of the losses incurred on the system i post there last month i introduced my max lay of the day to help people who were following them recover there losses quicker.
with the main system pretty much back to normal and making a profit this month the lay of the day is a big bonus for everybody.
the new system is still on trial and its maybe too early to introuce and while the one i post continues to perform i'll proberbly keep it to myself.

silax

16/07/2006
stratford 15:30 half an hour 5.1

silax

the geordie layer in spain strikes again
i think ap's still pumping away on that one

silax

scorces so far
13 lays 1 winner +10.4 points
average betfair price 5.15 thats 4/1 in bookie terms woohoo
strike rate 92.307%
if the strike rates the same after a 1000 or so bets i'll be rich woohoo and amazed

silax

17/07/2006
todays is nice and short if it wins loss is minimal if it gets beat woohoo
14:15 newton abbot COLORADO PEARL 2.68

silax

damn hacked up loss of 1.68 points
it was due to happen just pleased the price was short

dvdfan

It must be in the day, i had my first loss on my laying system in 62 bets, but i still managed to finish the day with a small profit because it was a small price. Hopefully things get back to winning ways from tommorrow on:)

silax

update of scores
14 lays 2 winners +8.72 points strike rate down to a more realistic 85.71%

silax

18/07/2006
beverly 14:15 greek secret 6.4

silax

normal service is resumed greek secret 5th
15 lays 2 winners profit so far 9.72 points

silax

19/07/2006
catterick 17:00 CAN CAN STAR 4.4

silax

sorry forgot to post yesterdays on here it was on my website and came 3rd it was hamilton 17:35 nakwa 3.7
todays is
newbury 15:35 KINVARA LASS 5.9

silax

6th ran like a good lay should

silax

22/07/2006
rippon 14:50 LOCH CLUTHA 5.6 2nd will do for me

silax

ANOTHER GOOD RESULT
ok so far 19 lays 2 winners 17 losers gives me a strike rate of 89.47%
and a profit off 13.74 points so far this month
average price of lays is 5.0 or 4/1
average price of winners is 2.64 or slightly higher then 6/4
9 days left would be nice to get over 20 points profit.

silax

23/07/2006
redcar 16:20 PARCHMENT 5.3 2nd

silax

another one bites the dust albeit very closely.
but a loser is a loser.
20 lays 2 winners 90% strike rate and a profit of 14.74 points

silax

24/07/2006
Yarmouth 15:00 Bobbish 5.8

masterK

You must have been rubbing your hands together with excitement after seeing the racing post forecast price on Bobbish, I was, only to log onto Betfair and see it was ever so slightly bigger.

silax

hey master this is silax you're talking too i rarely look at the racing post if just to see what meetings are on atr.
they are all system picks using software looking at betfair i took a crap price on it as well

masterK

It was forecast in RP as a 7/4 shot. I thought it was a ridiculous price and was rushing in to lay it only to see it was around 9/2 on Betfair.

silax

well another one down the pan 3rd 10/3 21 lays now 2 winners
15.74 points up this month strike rate 90.5 %
well chuffed

silax

25/07/2006
Ayr 16:25 Queens Composer 4.6

silax

ho humm
unplaced 11/4 getting a bit boring now
22 lays 2 winners +16.74 points up for the month
90.9% strike rate