Tuesday, April 3, 2007

lay2earn50aDay

50 pounds a day laying horses, is it possible??

OK Day 2 of our LAYing System again went well; the System is performing nicely for us.

It was very difficult finding a qualifying bet today, probably because of the lack of liquidity in the markets.

I am thinking of avoiding Mondays betting, unless there is a major meeting on and possibly Tuesdays as well.

The reason for this is I found myself having to decide on two separate occasions whether or not to LAY horses that had drifted from the first three in the betting to prices of 13.0 and 15.0.

While it seemed a no-brainer to LAY these horses, one of them actually WON at a sp of 9/1.

The problem is with exchanges when there is relatively little money about is it is possible, I am sure, to manipulate prices to a degree by LAYING large sums of money early doors, watching the price drift, and then BACKING the same horse at bigger odds.

So be careful on the exchanges on quiet days you might find yourself on the receiving end of a nasty and expensive surprise!!

Anyway, here is a copy of the forum log I am proofing on.

« Reply #19 on: Today at 04:18:44 PM »

5.20 Weth
LAY Kirkstall 250 pounds @ 7.0

Winning bet - 41.67 - 5% = 39.58

B/F 98.61

Running total = 138.19 pounds
« Reply #21 on: Today at 04:41:58 PM »

5.40 Folk
LAY Tremel Point 250 pounds @ 7.0

Winning bet - 41.67 - 5% = 39.58

B/F 138.19

Running total = 177.77 pounds

So two winning days from two, and we have met our target of 50 pounds per day on both days.

Until tomorrow, Good luck and be careful out there (hsb)

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