SOMEBODY KNEW SOMETHING

I was seeing nothing really exciting for Lay bets yesterday, but while keeping an eye on a slight possibility, I spotted MILLARDS LAD in the 3.00 at Newton Abbot . With no recent form, and having not run for eight months, the horse was still expected to trot out and race over 3 miles And when I say “expected”, I mean that somebody must have stuck a tidy lump of cash on the animal, to push it from 10/1 or more, down to 3/1 favourite, and it would be expected to win. And it did. Somebody knew something. Okay, so the horse has won in the past, but not for a long time. Keep your eyes open for these situations, which can sometimes bring you in a winner at good odds.

Horse racing: Cast-iron win for Bowen

IRON MAN lived up to his name when overcoming a nightmare 17-hour journey from South Wales to Market Rasen to provide Peter Bowen with a fourth win in the totesport.com Summer Plate on Saturday.
Bowen and the six-year-old set out on the 259-mile trip from Haverfordwest at noon on Friday, but, due to the storms and flooding which swamped parts of Britain, they...more

Racing: O'Brien's Soldier takes route past the King George

Aidan O'Brien yesterday ruled out last month's Irish Derby winner, Soldier Of Fortune, from Saturday's King George VI and Queen Elizabeth Stakes and confirmed last year's Curragh hero, Dylan Thomas, and the 2005 St Leger winner, Scorpion, as the two Ballydoyle representatives in the Ascot summer showpiece.
The three-year-old is second favourite to odds-on Dylan Thomas in most betting lists, but O'Brien told The Independent yesterday: "It looks like we'll run Dylan Thomas and Scorpion in the King George, but we're going to give...

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HORSE RACING: Red Giant roars in Virginia Derby

NEW KENT -- Red Giant came up big in the 10th running of the $1 million Virginia Derby on Saturday, denying Strike a Deal another track record and win in a high-dollar turf race at Colonial Downs.
Colonial Downs’ leading rider, Horatio Karamanos, wasn’t named to ride Red Giant until ...
more...

ANY RAIN UP YOUR WAY ?

If you were one of the unlucky ones who ended up with a houseful of rain yesterday, I am sorry to hear of your misfortune, and I hope that you will soon get sorted. And what about the bloke who dived into 6 foot of floodwater, to drag a driver who was about to drown, out through the sunroof of his car. Let’s hope he gets rewarded by the Queen before some of the dick heads who often get the medals. If you wanted to put a couple of bets on to get some house repair cash, yesterday wasn’t quite the day to do it. Newbury's meeting was cancelled, and Nottingham was called off part way through the afternoon, hitting a few “ stop at a winner “ bettors. With the tracks mostly classed as soft or heavy, then Laybettors should not have been gambling, and therefore would have missed getting caught by the three odds-on favourites all winning at 4/6, 4/7 and 4/9. If you did Laybet, and lost, at least the liabilities were low.

Horse racing franchise deadline set

SARATOGA SPRINGS, N.Y. -- The 2007 meet gets underway at Saratoga Race Course on Wednesday and during that six weeks of racing, we'll find out who will hold the rights to run the track in the future.
In a statement released by Governor Eliot Spitzer, he said a decision more...

HORSE RACING: Familiar faces join summer rivalry in Virginia Derby

Today at Colonial Downs, Summer Doldrums will have more than a rubber match with Strike a Deal in the 10th running of the $1 million Virginia Derby (gr. IIT). Not only will his trainer, Richard Violette, see his archrival, he will see the faces of past race victors. Both the Virginia Derby and the Virginia Oaks will be broadcast live on CBS at 5 p.m.
Three-time Virginia Derby winning jockey Edgar Prado more...

OTB parlor is approved by Illinois Racing Board

ELK GROVE VILLAGE - Horse-racing bettors will soon be able to wager in Elk Grove Village after the Illinois Racing Board on Thursday approved more...

Racing panel adds horseshoe rule

ANDERSON, Ind. -- State horse racing regulators have adopted emergency rules that restrict the use of toe grabs, which act like cleats on horseshoes but have been linked to horse injuries. more...

GOOD TO SOFT AIN’T GOOD

With the majority of tracks at good to soft, we saw some cock eyed results yesterday. For example, the 4.10 at Uttoxeter showed the first three coming home at 25 /1, 28 /1, and 16/1. The prices were too high for safe Lay bets, because, as you can see, they do sometimes do come in. So that left Lingfield. If you like to bet on an all weather track, then the 3.20 looked a possibility. To me, SAMARINDA and MONTPELLIER both had the beating of the favourite TILAPIA, so I fancied it to be Layed. And then it didn’t even run. I look forward to the tracks drying out.

STICK A PIN INTO THE RACE CARD

A good example of when to make a decision occurred last night in the 7.20 at Wolverhampton. A Maiden race, so none of the horses had previously won a race.
Four of the runners showed no form at all, so was there a secret winner amongst them ?
The race was a sprint, so a poor start could be non-recoverable. Favourite horse CRACKING NICK started to look good as a winner when it’s price hardened from 5 to 1 to 6 to 4, ( leaving a handful of possible lay bets ), but there were too many unknown factors involved that made a lay bet no more than a guess by sticking a pin in the race card. The decision to be made should have been … avoid making any lay betting on this race.
Sure enough MARYOLINI won at 20 to 1 … anybody’s guess.

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Are There Daily Lay Bets ?

You will not find horses suitable for Lay Bets every day. Sometimes there are several, but on other occasions the odds are a bit too high on horses that otherwise are a possibility. Sometimes the liabilities are too great for the risks.

On the other hand, you cannot lay a horse just because it is odds-on. 60% of odds-on runners win their race, so you need to work hard at finding reasons why the favourite is not automaticaly a winner.

The golden rule is "If in doubt-don't"

Guest Article

Betting Exchanges And Lay Betting - An Introduction

Why A Betting Exchange Can Offer You The Key To Successful Gambling…

Introduction


Too many gamblers are still living in the ‘dark ages’ and will only ever place a bet with a traditional bookmaker. They either can’t be bothered to learn how the exchanges work or simply don’t realise the features and value that can be had when betting within an exchange environment.

Believe me, using a betting exchange is very easy, and if you are not already using at least one exchange you should join one immediately after reading this article…

I'm not saying that a betting exchange should be used for all your betting. There will still be occasions when a traditional bookmaker will offer more desirable odds than those that are available on the exchanges. However, in the majority of cases you will find better value on the exchanges and additionally there are other VERY IMPORTANT features that only the betting exchanges offer. More on this later…

So What Is A Betting Exchange?

Put very simply, betting exchanges are a secure place where members of the betting public can exchange bets with each other anonymously, at odds that they specify themselves. The exchange companies simply act as the 'middleman' and match peoples bets.

As there are no bookie margins to factor in, prices are very often more desirable. The betting exchange companies make their money by taking a commission payment on your winning bets. This is usually in the region of 3 - 5%, but even taking this into account, it’s very common to find better prices on the exchange.

The cumulative effect of better prices when combined with a good staking plan, can make the difference between you generating a healthy profit or a bad loss. Using an exchange does not mean you will automatically win more frequently! You still have to find good value winning bets yourself or via a professional tipster but it’s the effect of getting a better return on your winning bets that will boost your betting bank and protect you during losing streaks.

Most people use the betting exchanges on the internet, but you can also place bets on the telephone.

Betting Exchange Advantages

As well as regularly finding better prices when backing a selection, exchanges also give the gambler some other very important advantages over traditional bookmakers.

Some of the key advantages are:

1) The ability to LAY a selection if you think it will not win.
2) The ability to BACK or LAY a selection to be PLACED. (This is very different to the well know Each Way bet offered by bookies and can be very powerful).
3) Betting IN RUNNING on many events INCLUDING HORSE RACING. This can give you many advantages and opens the door to new methods that may secure you more profits.
4) If you are very successful, you will not have the exchange company threatening to shut your account down. A very important point !
5) The ability to TRADE on price movements in betting events to guarantee yourself a profit regardless of the result.
6) Arbitrage Opportunities. Bookie and exchange price discrepancies often allow you to take a NO RISK bet.

Those are some of the key benefits of using a betting exchange and I will dig deeper into these and explain how you can use them to your advantage in future betting articles.

For the remainder of this article, lets concentrate on point 1 above, LAYING a selection to Lose.

LAYING A Selection to Lose – A Major Advantage Of The Betting Exchanges

Probably the most important feature of a betting exchange is the ability to LAY a selection. But what does laying a selection mean?

Laying a selection is often referred to as 'Playing the role of a bookmaker'. Like a bookie, you offer a price against a selection / event happening (eg. a certain horse to win a race or a football match ending as a draw). You only do this if in your opinion there is a great chance that the horse won't win or the football match will not end as a draw. The betting exchanges simply match your lay bets with other customers who think the opposite of you (eg they think the horse will win or the match will end as a draw).

Lay Liabilities

The odds that you offer determine how much money you will need to 'pay out' if the selection actually wins (just like the bookie does when you have a winning bet with them). So if you were to place a lay bet of £10 at 5.0 (4/1) against a selection, you would be liable to pay out £40 from your account if that selection won (The other punter gets their £10 back plus £40 profit). If however, the selection does lose you get to keep the £10 staked by the other punter (just like the bookies have done with all your losing bets all these years!). It's as simple as that.

Now, you might be thinking 'great, I'll simply lay all the rank outsiders and clean up'. STOP! Don't even go down this route. If you keep placing lay bets on selections trading with very high odds (eg 50/1), you will win regularly but when 1 of them comes first you will probably wipe out all your winnings and more! A single £10 lay bet at 50/1 would see you liable for paying out £500 should the selection win!

Therefore, I strongly recommend that you decide upon a sensible upper limit for lay odds and stick to it no matter what. Just think about how many favourites get turned over in horse races every day of the year that are perhaps available to lay at very short odds like 1.5 (1/2). Your liability on a £10 lay bet at these odds is only £5, or £50 on a £100 lay bet. I like to keep my lay bets at odds below 4.0 (3/1) but that's just my own personal choice but it gives you something to go on.

Flexible Odds / Placing an Order

The odds you offer obviously need to be realistic in order to be matched, but if you are not happy with the current price being requested by other punters you can simply place an 'order' in the exchange at your odds and hope that somebody eventually accepts your offer. (eg you may feel that the current price of 3.0 (2/1) is too high a price to lay a certain selection, so offer a lay bet at 2.75 (7/4) instead). If your lucky the price may well be matched. If the event starts without your lay bet being matched, your bet is simply cancelled so you gain/lose nothing.

Summary

Lay Betting might sound very confusing to the exchange newbie, but believe me it soon becomes very straightforward and you will find yourself laying selections much more frequently than you think. Let's be honest, it must be easier to pick a horse you feel will definitely lose in a average 12 runner race, than find the single winner!

Well that's it for part 1 of my betting exchange articles. In part 2, I will be explaining the Betting Exchange Place markets and how you can benefit from them.

By: Martin Bailey

Article Directory: www.articledashboard.com

Visit myhorse racing betting
horse racing betting site now for more free betting and gambling related information by Martin Bailey.

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Lay at Betfair

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The wrong Tracks For Lay Betting

Yesterday saw two meetings on soft tracks, and two on artificial tracks which made it a day to forget Horse racing.
The results were un-reliable. For example, in the 3.45 at Pontefract, TEBEE's price drifted from 4-1 to 8-1, then the horse came belting home, regardless of the money market. This goes to show that you need to take more than one factor into consideration in picking a loser.

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The never-seen-before technique in this guide is designed to help you start profiting right away! Everything is explained from top to bottom in the guide.

Lay Bet Latest News

AXIOM at Ripon 9.25 P.M yesterday evening, was a typical Lay Bet opportunity. A weak favourite, with only a 4th place for form, and had not run for 51 days. Also, its price had drifted from 4-5 to 11-10, showing lack of confidence to win by the money market.
Axiom came only third, while the first and second places were taken by horses whose prices had hardened.

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Lay Bet Latest News

AUTHORIZED did not make it on saturday despite being ridden by DETTORI. And what a GREAT lay bet it was at 4-7. Lets have some more like this one.

Multiple Lay Betting Racing Tip

Watch out for multiple Lay Bet opportunities. These can occur in handicap horse races with twenty or more runners. Often some horses have no form because they have not raced before..

Winners can be very difficult to predict, and these races are frequently won by an outsider. So laybet the first 3 or 4 runners in the betting forecast.

Example: You lay bet horses A, B, C, D, at £10 each. All 4 horses lose, so you win
4 x £10 = £40.

Or, horse B wins at 5-1 (6.0 in decimal), you lose 5 x £10 = £50, less horses A, C, D, winning you 3 x £10 = £30 for losing. Net loss £20.

So you either win £40 or lose £20 in this example. Not bad odds eh ?

Of course, as you are laying bets on 4 horses, some of the liabilities are going to be higher than the above example. Ensure that you check your risks.

Get out your pen, paper, and calculator, and try a few practise runs. And if you have them, check past results in newspaper racing pages you have saved. See if you like this tip for yourself.

For more information on Lay Betting

layprofit

Do you want to know if you have the ability to make thousands of pounds a month Laying horses ? This professional gambler shows you how to make consistent profits in this step by step manual

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Unique system that will show you how to make endless profits,and uses a spreadsheet to do all the work for you!