27th August 2005, 12:34 PM
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Member
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Join Date: Jan 1970
Posts: 479
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Quote:
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Originally Posted by Bhagwan
In lay betting for those who dont already know , the biggest profit is finding short priced horses that we fell will fall over, the shorter the Favs price for the win the greater the price if it falls over .
The higher the price ,the lower the lay price.
If any of them get up to win instead of loose, say 1 in 6 lays you more than likely will loose.
It is very difficult to find false Favs , possible the best one can do is approx 20% of those we deam will fall over will indeed win, which guarantees you will loose if laying them on the prices on offer.
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Now considering that more than 30% of favourites win. If you lay favourites and only 20% of those win, how will you lose exactly?
The answer: Unless you are laying the favourites for more than an average of $5, you won't.
The favourite is determined by the punters money, not somebody framing his market in some newspaper. If you are going to lay favourites, at least wait until you know the approximate odds it will be paying.
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