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  #1  
Old 28th July 2011, 04:31 PM
Travolta Travolta is offline
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Smile Bhaggy's Best?

Dear Bhagwan,

I have been following this forum a fair bit recently and searching etc.. I have come across many posts from you where you say "this one works really well" and things like that.

Well I have tested a couple and I agree...if you aren't greedy and just be conservative and go for a small (3-5%) POT approach, you can do quite well.

My question to you is (if you are willing to share, understand if you don't) what are the two best Lay Systems that you have discovered, and are they auto? rely on manual selection input? Staking plan?

I have been playing with Lay88 which looks ok for a couple of things.

If you would like to PM, that is ok, I have some info about a bigger test I ran that you might be interested in as form of exchange.

Best regards,

Travolta.
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  #2  
Old 29th July 2011, 05:14 AM
Bhagwan Bhagwan is offline
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The best lay systems, seem to be those where one goes for one selection per venue.

Lay bet .7% of bank if price is <=8.00

Put up you email so we can contact.
PS. best not make email literal .
Make it read e.g. bob at hotmail dot com

This is done so those cunning programs called spiders dont get hold of it & start spamming you.
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  #3  
Old 29th July 2011, 08:47 AM
Shaun Shaun is offline
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Yeah i was doing pretty well with that system for awhile until i hit a few winners, but laying is not really my thing.
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  #4  
Old 29th July 2011, 09:32 AM
Travolta Travolta is offline
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Bhagwan, you can contact me at laypunter at gorillas dot com dot au

Shaun, yes the recovery staking plan can cause some angst when a couple of winners fall in!! ....but having a big bank to cover the increase is obviously critical....

My approach is that if you start off with a sizeable bank (say $5K, and then make $100 per day with a stop loss of $1500 (as has been suggested), you need 15 winning days before you hit that stop loss to know that you are ok. I don't think that this is unreasonable given the smallish amount of testing I have done.

But having said that, losing $1500 of a $5K bank in 1 day might not be for everyones tastes!
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Old 29th July 2011, 10:31 AM
Shaun Shaun is offline
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I was not using recovery, i was laying to payout 2% of my bank on the first selected runner that met the criteria of that meeting, if i won i stopped on that meeting if i lost i stopped on that meeting, i few times depending on the prices i could lay 2 winners on a 8 race card meeting and still make a profit.

I went for a few days with no losers and made a bit but then hit a rough patch, as i have said i am not a layer and was just testing the waters of a Bhagwan system.
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  #6  
Old 29th July 2011, 01:27 PM
AngryPixie AngryPixie is offline
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Travolta, if you can average around the 2.5-3.5% POT from laying then you are doing pretty well. If you can maintain a 5% or better POT then your doing very well indeed.

Laying is as much to do with turnover as it is about making a profit. To this end I'll disagree with the Bhagwan and say that the best laying systems are those that present a high volume of value selections allowing the layer to compound that 2.5% POT. One selection a venue would be the equivalent to watching paint dry. Multiple selections per race is the way ahead.
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