hi all,

ive just opened a BF account & am considering my wagering options.

to those that have experience laying on BF:

is it hard to lay a horse that are currently $10 or more in the market?

do you have to stick to the top 4 or 5 in the market?

i know it all depends on the markets liquidity, etc, but i just want to get an overall impression. i assume the higher the price, the more likelihood of an unmatched lay.

cheers

Raven

Get a hold of the Betfair Advantage Tool which will allow you to compare historic Betfair prices against the three Australian tote's.

I work in the below $11 (10/1) range with an average Betfair matched price of $7.08. These selections are usually the 3rd, 4th or 5th favourites. You'll get matched on the longies, it's just whether the price you have to offer is representative of the horses chance.

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Pixie

"It's worth remembering that profit isn't profit until it's spent off the racecourse." -- Crash

thx Pix, will do

Raven,

Depends on how much you want matched.

If your laying more than $50 you probably are only going to be able to get it matched on the top 2 in the market.

Good Luck.

No you'll get alot more than $50 matched most days on selections othen than the top 2. Even Monday meetings you'll be able to churn away.

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Pixie

"It's worth remembering that profit isn't profit until it's spent off the racecourse." -- Crash

AngryPixie,

I should rephrase that :

You are not going to get more than $50 matched at "Reasonable odds". For example if the horse is $20 on the tabs you are probably not going to get $50 matched anywhere up to $50 ( for a liability of $2500 ). You may get it matched at $100 which means you have a liability of $5000.

But if you lay at those odds you are asking for trouble....

Good Luck.

Wes yes good point. You need to work the UK markets if your interested in laying selections at those higher prices.

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Pixie

"It's worth remembering that profit isn't profit until it's spent off the racecourse." -- Crash

thx for the interesting responses guys, just the stuff i was after

Chrome, they're exactly the opportunities Im looking for, to back & lay the same horse with the adv in your favour.

the bread & butter will still have to be some form study though, i have an idea of a 'type' of horse to lay when they are in the market.

but this leads me to a new question:

are certain types of races good races to lay in?? think the G1 1400m hcp at Caul on sat, big field, looked an open race on paper (I would have layed Bon Hoffa ftr, I backed Niconero). Big fields, open races

or is it best to lay an individual horse for handicapping reasons? (lacks pace, gets back, ? on pace, not suited at Caul, ? on jock, under odds, etc)

Sorry to sound like a broken record Raven, but this is exactly how layers go broke.

They try to pick the best races to lay in, the horse with the worst form, the horse rising in class, big fields etc etc.

The only way to profit from directly laying one horse per race is to lay it at a realistic price. No matter what the horse is like,the price has to allow you to make a longterm profit, even if it wins.

"Am I happy to have layed this horse at these odds, if it actually wins"

That's the only question you need to ask.

__________________
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__________________
Pixie

"It's worth remembering that profit isn't profit until it's spent off the racecourse." -- Crash