Laying two horses in running betting
This is to reduce my liability if the horse wins but more importantly to achieve a long term profit. If my horse selection I want to lay as a BSP of 3. If you start laying horses at decimal odds 1. Is your horse selection improving or running off a mark they have won off before. You need to pay attention to this as this is a key factor in laying horses. You can have a situation where you have a short priced favourite that has been improving.
It might have won its last two races so punters will be backing this horse in its next race shortening the price due to market momentum. This might be a good opportunity to lay the horse as it might be a bridge too far for a horse winning three races in succession. Some horse thrive at certain courses and win more often than when they race at other courses. Some horses like flat tracks i. Some like courses with a stiff uphill finish and so and so on.
We can apply this thinking to the ground the horse is running on soft or heavy etc. The distance of the race is a major factor has the horse won at 1 mile etc or is the horse dropping in distance from 6f to 5f. Obtaining a niche to lay horses.
I only lay horses on AWF — all weather flat races at distances of 6f and 7f I have found this to be very profitable. I took this further and automated this laying horse system using the excellent Betfair trading tool Bet Angel. I can recommend this horse racing system which I sell on my website. This bet has less risk than a Win bet, but also a smaller reward. If you are confident the horse will win the race, you will receive a larger return betting the horse to Win.
Show: Another variety of a straight bet, the Show bet is used when you want to bet that a horse will finish in the top 3 positions in the race. Again, if the horse comes in first or second, you will not win any more money than if the horse finishes third. This is the safest of the straight bets but also offers the smallest return. If you are confident the horse will finish better than third, you would have a larger return placing a Win or Place bet. If you bet a horse "across the board" you are effectively betting him to Win, Place, and Show.
If the horse wins, you collect on all 3 bets. If the horse comes in 2nd, you collect the Place and Show payoffs. If the horse comes in 3rd, you collect on the Show bet only. This will pay more than betting either of the horses to win or place. Quinella: Similar to the Exacta, but this does not require the bettor to predict the order of the top two horses.
Simply put, the bettor only has to pick the horses which will finish in the top two places, but does not have to predict which of those two will actually win the race. Since this is easier to predict than an Exacta, it also pays less than the Exacta typically it pays about half of the Exacta payoff. It requires the bettor to pick the horses, in order, that finish in the top 3 positions in the race.
It is significantly harder to predict than an Exacta, and accordingly will pay out much more for a winning bet. Superfecta: The most difficult of the single-race exotics, the Superfecta, requires the bettor to predict the first four finishers, in order. Predicting a Superfecta is very difficult and will always require the bettor to take different combinations of horses so that there are more chances of winning.
It requires the bettor to pick the winner in two consecutive races. There are also tracks that offer Double's in the middle of a card. If there is a Double available to be bet on, there will be a note of it on the first race or leg of the Double wager. The larger the number, the harder it is to pick, as well as the greater the payoff. For these bets, it is recommended to take several combinations of horses in each race to increase your chances of winning although this also increases the cost.
Some tracks also offer one Pick 6 per card. The payoff for one of these bets will be shown on the results for the last leg of the wager. For Pick 3s and Pick 4s, if nobody has the required number of races correct, they will typically pay out for people who missed one less race.
For example, if nobody predicted a Pick 4 correctly, people who had 3 of 4 correct will get paid. In addition, the payoff results would indicate a payoff for "Pick 4 3 of 4 correct ". For a Pick 6, typically the track will also give a small payoff to bettors who had 5 of 6 correct.
However, if nobody had all 6 correct, the majority of the Pick 6 pool will be carried over to the next racing day, making the subsequent Pick 6 pool even larger. Place Pick All: This bet is similar to a Pick-x bet, except that you need a horse to place come in 1st or 2nd in each race, instead of to win. We will define the most commonly used terms below. If you need assistance in calculating the cost of an exotic wager combination, use our Exotic Wager Cost Calculator.
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Objective To create a profitable book based upon laying a number of horses at a pre-determined price during the race. Therefore if you lay 2 horses at 1. Should you decide to lay 3. The price you choose will vary depending on your research or testing keep liability small.
Factor you may want to consider include distance of the race, flat or jumps, hurdles or fences, ground or size of field. Below are three easy steps, using an example of a race at Brighton in which orders were entered to lay the whole field should any of them trade at 1. Step 1 Go to a horse race. This will automatically calculate how much you need to lay each selection to risk your liability. This obviously puts you at a disadvantage to players who have more up-to-date pictures. To be a successful in-running punter you have to know the horses well to gain an edge.
If you know how a horse usually reacts under pressure — for example — compared to others in the race, you have more surety of the final outcome. There are different types of in-running bets: Back-to-lay — This method involves backing a horse pre-race and then laying it in running at lower odds to guarantee a profit.
Lay-to-back — Laying pre-race and backing at higher odds in running to guarantee a profit. In-running back — This strategy can be implemented when a punter thinks a horse has a good chance, but either thinks that the horse will be available at bigger odds in the early stages of the race, or they want to wait to see how the contest unfolds in the early stages e.
In-running lay — A good method for profiting from horses who flatter to deceive, regularly trading at low odds in running, but eventually getting beaten.
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