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Golden day for lay the field players

Yesterday's racing was one to behold. I was too busy cashing in to take any screenshots, and then I decided to stop jsut after 4pm thinking that the good run couldn't continue... but it did. Even missed a 1.01 and a 1.05 later on!

Here's a look at the carnage on yesterday's UK and Irish racing, listing bottom prices matched as recorded here. This only covers the beaten horses at odds-on, there were plenty of races which had several matched at just over evens (lay three horses at less than 3.0 for level stakes = profit).

Ayr 2.20 - 1.23
Ayr 3.20 - 1.52, 1.62 (four-horse race)
Ayr 3.50 - 1.25
Ayr 4.20 - 1.08
Ayr 4.50 - 1.05
Ayr 5.20 - 1.78

Listowel 2.25 - 1.10
Listowel 2.55 - 1.53, 1.55
Listowel 3.25 - 1.81
Listowel 3.55 - 1.02
Listowel 4.25 - 1.21
Listowel 6.00 - 1.65

Pontefract 2.30 - 1.06, 1.20
Pontefract 3.30 - 1.52
Pontefract 4.00 - 1.31, 1.66
Pontefract 4.30 - 1.71

Wolverhampton 5.25 - 1.57
Wolverhampton 5.55 - 1.51
Wolverhampton 6.25 - 1.11
Wolverhampton 6.55 - 1.01, 1.64
Wolverhampton 7.25 - 1.50

Yarmouth 2.10 - 1.33
Yarmouth 2.40 - 1.10, 1.70
Yarmouth 3.10 - 1.31
Yarmouth 3.40 - 1.20
Yarmouth 4.40 - 1.49
Yarmouth 5.10 - 1.38


To revisit the theory of laying the field at odds-on in-running, look at the permanent link on the top right of the page.

Comments

  1. Scott - your opinion please..

    I was discussing laying at 1.01 with the lads on Let's Bet and I was just wondering if you could shed some light on this...

    As soon as the markets go up each evening, there is already a queue of 8K on each and every horse looking to lay at 1.01. I know it's the same person as the sums are always identical as soon as the market goes up. How does he get in so early? I'm guessing that it's someone who works for Betfair and has some bot set up?

    For example, here's a couple of screenshots of two horses taken just after a market went up:

    http://www.letsbet.ie/forum/attachment.php?attachmentid=801&d=1284411028

    As you can see, there's the same amount waiting at 1.01 on each horse.

    With 8K ahead of you each time, is it pointless trying to lay at 1.01 on the horses?

    http://waynebaileyracing.blogspot.com/

    ReplyDelete
  2. The early 1.01 has been there for years, someone with a well-programmed bot, going straight to the front of the queue, which is crucial. Data is available much earlier on the API than the website.

    Realistically though, the number of 1.01s beaten is pretty slim. It's always worth checking what is in the queue, there's no point being just behind a massive lump - for instance, if a new whale came in and started offering £50k at 1.02, then the 1.01 laying would be a waste of time.

    The lumps can usually be found at 'key' numbers, ones which represent traditional fractions - eg 2.0, 1.5, 1.25, 1.2, 1.1, 1.01. They're not always there, but that's where you will usually find them. So rather than laying 1.1, go 1.11. Instead of 1.5, go 1.51. Definitely do NOT go 1.49 or 1.99 as you will regularly see horses bottom out at 1.5 or 2.

    The main flaw with the laying odds-on system on Betfair is you can't do it early unless you go for 1.01. Any material non-runner will drop your price and thus muck up your plan if you consistently lay at the same price(s).

    I usually go in on three or four different levels, one really low for the jackpot, then others in more realistic places, so I can get three or four matched.

    ReplyDelete
  3. Can I ask you what software you use to lay the field? Do you use something that automates this process or at the least makes it quicker than manually entering each of them?
    Thanks and love your site
    Glen

    ReplyDelete
  4. Hi Glen,
    I use the Gruss Betting Assistant. A bargain for £6/month.

    ReplyDelete
  5. Question Scott - so your general strategy is to lay the field at, say, 3.0 and hope for three+ under three, and then lay again at, say, 1.31 for something bigger?

    ReplyDelete
  6. somewhere along those lines Mike. Still perfecting the science to it, but usually there's a 'jackpot' line in there (sub 1.10) as well. The >2.5 lines are usually saved for wide open races, where you are more likely to get five trading at 2.4 than three trading at 1.7.

    ReplyDelete

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