Laying Horses....

[The Saint]

I'm considering having a little venture into laying the gee gees.... It's probably something I should have done before now to be honest. Does anyone do this seriously or have any pearls of wisdom to divulge? I have tried it on occasion before now and will set aside a separate bank etc and broken even nearly every time and then just sacked as too time consuming. Should I lay to level stakes or so that the liability is always the same? I'm guessing there is a price I shouldn't lay over too. Have paper traded and done alright but tbh, although this is a sound approach, paper trading is easy and a completely different animal to actually putting cash down.... I think that as a backer, I am going to struggle to lay at 'value' prices but I'm not sure there will be enough bets to make it worthwhile in this instance... I know as a backer you have to only bet when you consider the price wrong and value to you as a backer - the back it at any price brigade will be losers long term. I'm not sure that I will be able to apply the same discipline to lay bets.... I think the exchange market reveals so much about a horses chance at the off. Not that I will be laying every drifter without having research the race as thoroughly as ever first. Definite possibility this plan of action has arrived through my frustration that most/all of my bets that drift run like crabs whilst most that are positively backed tend to run well... I'm not saying that the game is particularly bent - just that the exchanges appear to be a good guide to how fit a horses is or whether stupid tactics are about to be employed etc etc. Finally, let's just say my average 'back' stake is £100 - what should my average lay stake be? Suddenly sounding incredibly naive - writing this certainly makes me realise what a different game it is!! Thoughts appreciated... Oh and I'm not starting n turf until this twatting weather has sorted itself out and the ground is riding with some consistency!!

[Aidymac]

Re: Laying Horses.... I know a guy that only lay's 2/1 or under at level stakes, and he makes a fortune... What his selection criteria is, i do not know, and he wouldn't tell me anyways. There is serious money to be made laying if you know what your doing, i personally am not much of a layer, only when i really fancy something to lose i do have the odd lay.