HORSES2LAY tips horses which we expect to lose. These horses should be laid to lose on one of the betting exchanges, and we suggest www.betfair.com which has the strongest market.
We do not make any dishonest claims about connections with stables, jockeys or anyone else – and we suggest that you don’t believe any tipster who makes such claims! Our tips are based on our knowledge of racing, and study of the day’s racing each morning. WE STAND OR FALL ON OUR RESULTS WHICH ARE UPDATED DAILY.
We do not guarantee tips every day, and sometimes a few days may pass without any tips. We will only tip when we feel that we have identified a good opportunity. There are likely to be more tips on Saturdays due to the volume of race meetings, and more tips in summer when there are evening as well as daytime meetings.
To make money from laying horses, you must be disciplined and follow our ‘golden rules’
SERVICE DETAILS
Communication
Tips will be communicated by e-mail and SMS message to your mobile. Occasionally we may cancel the tip e.g if there is a significant non-runner.
Timing of tips
We will make every effort to ensure that tips arrive by 12 pm for afternoon meetings and by 5 pm for evening meetings, however some tips may come later, and even close to racetime if we feel that we have identified a good opportunity.
Subscription
The current subscription charge is £195 per month. Subscription to horses2lay is on a monthly basis and you can unsubscribe at any time to terminate the service at the end of your subscription month.
Subscription payments are taken via a payment intermediary and we do not receive your credit card details.
E-Mail
This is not our sole business and we are not available to answer e-mails at all times.
Disclaimer
We will send tips to the e-mail address and mobile number included in your subscription submission. We accept no responsibility for your failure to provide correct contact details or for the failure of your equipment or service providers to deliver the tips to you. Any such failure will not entitle you to any refund of subscription monies already paid or to cancel any credit card payment.
Please note that horses2lay accepts no responsibility for any losses suffered and we advise strongly that you should not bet more than you can afford to lose. |
THE GOLDEN RULES
1. Start with enough funds in your bank
We suggest that your initial betting bank should be at least 20 times your planned stake e.g. if you follow our suggestion, and lay horses to a stake of £200, you should commence trading with at least £4000 in your betting bank. This provides a comfort zone in the unlikely event of a sequence of losers.
2. Lay mostly favourites
Bookies make most of their money laying favourites – we will do the same. Occasionally the horses will be second-favourite. In many cases the races will be close and sometimes we will lose – be prepared for some heart-stopping finishes!
3. Be pricewise
The price at which you lay the tips is critical to your profits. Do not lay any horse at bigger odds than 9/4 (3.25) – (this limit was reduced from 11/4 (3.75) on 1/9/07). If one of our tips drifts to a higher price, do not lay . If the horse happens to win, it will do too much damage to your bank. If you are unsure as to which price to lay at, we recommend that you use the price being offered by the major bookmakers as a guide.
From 1/9/07 we show all results on the horses2lay site at Starting Price (SP) which brings it in line with racing-index.com to whom we proof our tips. Only horses with an SP of 9/4 or below will appear in the results. It is up to you whether you keep the lay bets in place on horses which can be laid at 3.25 or below on Betfair earlier in the day, but which are trading at above 9/4 in the market just prior to the race. If you want your results to mirror the results on our site (and we think that you should!), we suggest that you ‘lay off’ bets on horses trading at higher than 9/4 just prior to the race, thereby making a risk-free profit on the race should the horse be beaten. Example: you receive a tip in the morning for a horse trading at 3.00 and you lay it to a stake of £200 - you stand to win £200 if it loses and lose £400 if it wins. Just prior to the race the horse has drifted to 11/4 in the race market and is trading at 4.00 on Betfair – it does not look as if the horse will have an SP of 9/4 or below and therefore we suggest the following action: back the horse to remove any loss on the race i.e. in this case have £133 at 4.00 to win £400 (£399 to be precise!) leaving a profit on the lay bet of £67 if the horse loses. If the horse wins you make neither a profit nor a loss. These ‘trading’ profits will not be shown in the results but will be additional.
If you are not able to be on the computer at racetime, then a possible solution would be to place a timed bet at say 3.75 to achieve a similar result. This is on the basis that a horse trading on Betfair at 3.75 is likely to be trading at 5/2 in the race market. There is software available via Betfair to allow you to place such timed bets – see link below for one example:
http://www.ie-software.com/tip-ie.htm
4. Watch out for non-runners
You must be conscious of non-runners which can be very expensive. If there is a significant non-runner DO NOT LAY. Rule 4 does not protect layers if the horse which is withdrawn is the horse which would have beaten the short-priced favourite! If you have already laid the horse, we suggest that you close out your bet if there is a significant non-runner i.e. back the horse to reverse your position. We will attempt to advise you whether the non-runner is ‘significant’ or not by e-mail/SMS if we notice a non-runner, but we cannot guarantee to advise you in all cases – we may not be next to a computer when the non-runner is announced! If the horse wins as a consequence of there being a significant non-runner, we reserve the right to exclude this tip from our results.
5. Level stake
If you start varying your stake, ‘sods law’ will operate – your big bets will lose and your small bets will win. Stick to a simple ‘level stakes’ system or a system which reflects the price of the horse – stick to your guns even if we go through a bad patch. We choose to lay our horses to a £200 level stake and this is how our results are shown.
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