5th January 2008, 10:06 PM
|
|
Member
|
|
Join Date: Dec 2007
Posts: 219
|
|
Quote:
|
Originally Posted by Grand Armee
It's not a license to print money. Laying is the same as backing, in reverse, no different. If you back a horse on Betfair at $5.00, it means someone has laid it to you at $5.00. Same thing as them backing it to lose at $1.20. There is no difference between betting and laying, they are the same thing. Is betting a license to print money?
|
Well unlike win betting, all I need to do to win is for it to come 2nd-12th in a 12 horse race.. So I see that as being better odds for me in winning my bet where as trying to pick one horse to win. Granted I gotta risk a lot to win a little but still, smaller consistent returns is better than large inconsistent returns IMHO.
For instance I was risking 100 today to win 6 units as I was laying horses in the double digits. Tho from reading previous threads the sweet spot seems to be 5-11.
As they say proof is in the pudding and we will see over time how good this really is. Whenever I get onto a new "system" I always tend to have the beginners luck, for instance today happened to be an unusual day for laying as pixie has said....
|