Laying horses?

Danny911

Ok so I have €500 to invest.
I've been reading the few logs in the logs section and laying seems to be the way to earn cash.

Should I start laying for say €20 on 10-1 shots and such?
Or should I trade with this cash?

What would you do to earn some extra money say double your money?

R0UF

Don't bother you have no chance.

beeintheknow

I find it helps to set a target figure and then find a horse at a price that will get you to that target if you place your bet on it. what is your target figure? Personally with €500 I'd be looking to get that to 4k or so.

AstonMartin

Interesting way of helping eachother.

laying and backing have a common requirement: you need to be able to price up the event yourself and back or lay depending on the odds. Blindly laying horses for 40% of your bank is not a good plan. If only it were that simple.

it takes time and a lot of effort to learn how to price up one market and its the only way to make money in this game.

AstonMartin

beeintheknow wrote: »

I find it helps to set a target figure and then find a horse at a price that will get you to that target if you place your bet on it. what is your target figure? Personally with ?500 I'd be looking to get that to 4k or so.

you talk some amount of nonsense.

im going to ring your mother and tell her to cancel the internet subscription.

beeintheknow

AstonMartin wrote: »

you talk some amount of nonsense.

im going to ring your mother and tell her to cancel the internet subscription.

Well I am going to ring your mother, ask her out and then bang her.

Danny911

R0UF wrote: »

Don't bother you have no chance.

Good man yourself

beeintheknow wrote: »

I find it helps to set a target figure and then find a horse at a price that will get you to that target if you place your bet on it. what is your target figure? Personally with €500 I'd be looking to get that to 4k or so.

4k would be lovely, but a realistic figure with €500 and how to get there would be even better..

AstonMartin wrote: »

Interesting way of helping eachother.

laying and backing have a common requirement: you need to be able to price up the event yourself and back or lay depending on the odds. Blindly laying horses for 40% of your bank is not a good plan. If only it were that simple.

it takes time and a lot of effort to learn how to price up one market and its the only way to make money in this game.

Dont they just

AstonMartin wrote: »

you talk some amount of nonsense.

im going to ring your mother and tell her to cancel the internet subscription.

:P

Any other advice?

UrbanSea

Just be ready for a big loss,possibly a few.

Laying around 10/1 shots can be dangerous,just make sure your ready for a big liability.

Also,when I lay I find it better to lay in races such as sellers or claimers or races where horses are on level weights with different ratings. Remember,handicap races are weighted so that they're all as even as possible.

UrbanSea

beeintheknow wrote: »

Well I am going to ring your mother, ask her out and then bang her.

I don't think I've laughed as much all week. Like something I'd say.

AstonMartin

Puberty is a requirement for that.

zimmermania

Danny911 wrote: »

Ok so I have €500 to invest.
I've been reading the few logs in the logs section and laying seems to be the way to earn cash.

Should I start laying for say €20 on 10-1 shots and such?
Or should I trade with this cash?

What would you do to earn some extra money say double your money?

I think laying is the way to go,my favoured sport for laying is golf when the event is over 4 days and one can trade out of a position.Laying horses is much trickier as one has to lay much greater odds than the odds offered by bookmakers in order to have lay bets accepted and if one is laying outsiders a huge chunk of cash is required to win a reasonable sum if you lay one that wins at a decent price it can be painful.One method you might consider is laying favs,the difference in price between betfair and bookies is minimal if concentrate on favs at 3 to 1 or less.It requires some skill to select the right kind of favs to lay,one of my own methods is to lay "talking horses" as they start at prices shorter than value due to the hype.Its a good feeling when you find one of those,also antepost can provide a few quid and often the horse in question doesnt even run.

You need to know an awful awful lot about racing before you can hope to consistently make a few quid from laying horses on Betfair. It'll take time and lots of research, you'll need to have an appreciation of what a handicap is, how the trip and ground effects the horses etc etc. Lots and lots to learn.

Laying looney short priced horses tipped up by all the papers etc isn't a bad place to start for tiny stakes, they represent the greatest value to lay. Find a horse that has ground to suit, trip to suit and not many other horses running against and with the conditions suiting the lay horse more than the rest and you can be pretty sure it'll be overbet. Most of these will trade shorter in running long before push comes to shove so an in running lay at 80% of the SP may be worthwhile.

tough game though, all I can advise you to do is study form, watch the races, read books about gambling and betting and stick to tiny stakes and paper trading before trying to swell your €500. If you don't enjoy studying form etc you may as well not start.

Most punters lose so unless you are pretty good at it you will too unfortunately.

J-Fit

Horses certainly isn't my area but I'd recommend not exposing more than 5% of your bank. What if two horses romped home at the stakes you suggested? You'd be done and dusted in terms of your bank. Be the turtle with this.

sillyturd

The fact that you are asking means you have no chance.

People who know don't tell and people who tell don't know

Stick the €500 in the Trocaire Box

pakalasa

beeintheknow wrote: »

I find it helps to set a target figure and then find a horse at a price that will get you to that target if you place your bet on it. what is your target figure? Personally with €500 I'd be looking to get that to 4k or so.

......