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** April Poker League Result : 1st Like2Fish, 2nd McG, 3rd andybell666 **

Place laying system


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Going to give this a live run for 50 bets to see if there is any mileage in it. Bookies now have screwed me with only paying 20% on the 16+ handicaps instead of 25% :(  Ok they give your more places but the value just seemed to have gone now :(

So going to try a little laying method on these extra places - probably a bag of **** but he who dares.

Will start today. BIG fingers crossed :)

 

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Did not get chance to post this evening. But not putting money on them yet any way 

6.00 Thelasthighking 3  Unplaced
6.00 Alto Alto 3.5     Unplaced
6.30 Docpickedme 3.6   Unplaced

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Sorry cant be bothered with laying, lots of messing about with prices so going leave it. I think with the 5% Betfair take it will only be break even at best.  Small sample below but it just not for me.

Hungry Tiger @ 4.8  Unplaced +1
6.00 Thelasthighking @ 3  Unplaced +1
6.00 Alto Alto @ 3.5     Unplaced +1
6.30 Docpickedme @ 3.6   Unplaced +1
3.55 Duke Of Verona @ 2.92  PLACED -2
9.00 Yaahobby @ 2.6  Unplaced +1
2.35 Hurricane Harvey @ 2.2 Unplaced +1
2.35 Chris Cool @ 3 Placed -2
4.50 Buckshaw Village @ 2.2 placed -1.20

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3 hours ago, padman said:

Sorry cant be bothered with laying, lots of messing about with prices so going leave it. I think with the 5% Betfair take it will only be break even at best.  Small sample below but it just not for me.

Hungry Tiger @ 4.8  Unplaced +1
6.00 Thelasthighking @ 3  Unplaced +1
6.00 Alto Alto @ 3.5     Unplaced +1
6.30 Docpickedme @ 3.6   Unplaced +1
3.55 Duke Of Verona @ 2.92  PLACED -2
9.00 Yaahobby @ 2.6  Unplaced +1
2.35 Hurricane Harvey @ 2.2 Unplaced +1
2.35 Chris Cool @ 3 Placed -2
4.50 Buckshaw Village @ 2.2 placed -1.20

Can't you get 2% commission ?

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34 minutes ago, MCLARKE said:

I think you can take an option to get 2%

Yeah, 2% option should be available for everyone. I think you get some other peripheral stuff if you stay at the higher rate (free spins, sportsbook offers) but overall the 2% option should be best for most punters. 5% would seriously erode any edge you might have with your bets.

Just checked; go into your account/"my Betfair rewards" and choose the Basic Plan (unless either of the other options works better for you). 

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Results to date 20 lays of a 50 lay test. Not going that well :(

LAYS 20 lays +13 won  7 lost
Hungry Tiger @ 4.8   +1
6.00 Thelasthighking @ 3   +1
6.00 Alto Alto @ 3.5     +1
6.30 Docpickedme @ 3.6    +1
3.55 Duke Of Verona @ 2.92  PLACED -2
9.00 Yaahobby @ 2.6   +1
2.35 Hurricane Harvey @ 2.2  +1
2.35 Chris Cool @ 3 PLACED -2
4.50 Buckshaw Village @ 2.2 PLACED -1.20
8.10 jollyjump @ 2.98 WON 18/1 PLACED -2
5.45 scudemore 2.44 +1
7.30 Dutch Kingdom 3.7 PLACED -2.70
5.10 Aquila Sky 2.66 PLACED -1.66
5.10 Pottlerath 2.88  +1
5.10 Haut Folin 3.3  +1
5.30 Asimov 2.6 +1
5.30 Sir Gabrial 3.25 +1
5.30 Rukaana 4 +1
6.00 We Still Believe 3 +1
8.15 Up For Parol 3.4 PLACED -2.40

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Todays 11 lays 9 unplaced 2 placed   

2.10 Nights Over Egypt 3.1 +1
Havana Rum 3.3 +1
Hallowed Time 3.65 +1
3.35 Kinondo Kwetu 4.1 +1
Aime Desjy 5.5 +1
5.20 Emailandy 2.3 +1
Bad 2.78 +1
Authorised Speed 3.75 PLACED -2.75
Classic Anthem 3.6 +1
Monviel 4 +1
6.40 Magical Spirit 2.7 WON 9/1 -1.70

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 I've considered doing this Padman, as whenever I've wanted to put an e/w bet on, the 'win' odds are often so much better on Betfair, but the 'place' odds disproportionately lower than those available with the bookies, there's certainly potential in what you're doing. Watching with interest, you seem to have made a promising start., Good luck! 

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10 hours ago, Bedlam said:

 I've considered doing this Padman, as whenever I've wanted to put an e/w bet on, the 'win' odds are often so much better on Betfair, but the 'place' odds disproportionately lower than those available with the bookies, there's certainly potential in what you're doing. Watching with interest, you seem to have made a promising start., Good luck! 

Yes I do agree. BUT I still think you can lose all profit laying very quickly :(

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4.25 Great Blasket 2.34 WON 10/1 -1.34
Double Time 2.38 PLACED -1.38
Yantarni 3.75 PLACED -2.75
4.45 Our Papa Smurf 2.62 PLACED -1.62
Mrs Nell 4.6 +1
5.10 Mr Trevor 4.1 +1
Variety Island 2.34 WON 6/1 -1.34
6.20 Stolen Encounter 5.2 +1
Prince Hector 5.3 +1

18/1 10/1 9/1 and 6/1 winners in that lot at SP.
 

Final score on the doors LAYS 51 won +35 lost 16 -19.77  RT+2.80 less Betfair commission

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Not really long enough to draw any conclusion about the long term returns but I’m guessing you’ve pretty much decided it’s not for you? I tried it with goalscorers and reached that conclusion but that was mainly for the practical reason that I was hardly able to get matched at my target odds. Too much time and effort to get too few bets on.

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  • 2 weeks later...
Posted (edited)

Results to date as I have kept looking. 

LAYS 76 won +51 lost 25 -29.60 RT +2.64 less commission

Just for interest we had Winners @ 18/1 9/1 10/1 6/1 12/1 all sp. Betfair with the big win prices would of given a better return. Will keep testing.

From yesterday its 13+ runners now.


 

Edited by padman
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