Yes I know there are boo boos, but I was very tired when posting (these UK races take a lot out of you.)
I actually am betting back at a higher price, but only when it's within 10c of the lay price and only up to $2.90.
It may be a little obscure, but it's working a treat over hundreds of races.
There is also a little more to it, but I'll keep that bit to myself for now.
Suffice to say that this is in conjunction with other overlays achieved in the race at the same time. I am limiting my exposure on the favourite because I already have huge overlays (no risk) on other horses.
E.g. my profit on one race was $594 and my investment was $46.00.
I had six horses running for me no risk, and could afford to lay and bet back on the favourite to even things up.
But that kind of result is extremely rare, someone offered 100/1 about a horse that was realistically a 15/1 chance. It won, so I collected on the win (after laying it back at realistic odds) and collected on laying the favourite.
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