yeah, i'd only ever risk i could afford to lose if doing a lay.

Have you tried setting up a competitive lay on a long shot and had it matched ?

I was thinking to minimise liability, it would be better value to set one up for horses showing tote win odds between 5-10. You could offer slightly above the tote odds and they are outside chance horses and so there should be at least someone out there looking to bet on them. Also your risk is minimised as its not the highest odds for a win. The most you could ever lose is 1,000. I've lost more on the stock market but made more too heh.

Anyway I rekon theres more money to be made being "bookie" on betfair than being a punter. To each his own tho. I might have some fun with this on paper and select a horse and see how many times I would have to pay out. Prolly would just use the current back odds on betfair.

Setup a system to look at whats in that range, check its form and see if an apprentice is onboard then setup a lay on it. Also would have to be a big field to ensure my chances