Very sound advice Mark & you will rarely see that written in any book.

Could you give us an example of what you are explaining..

I use a program called Fairbot.
With this, I can Lay the 4th & 5th Fav to make a profit & also have it Lay the fav so that we break even if it should win & profit if it should lose.

This approach lowers the Liability considerable & if one cherry picks the right races to do it on, good profits can be had on the day with minimal exposure to large Liabilities.

__________________
Cheers.