Stakes for laying?

[dave]

I've been laying horses recently, mostly between Evens and 10/1, but I'm a bit confused about which stakes I should be using. I should point out that most of these lays are successful. Should I lay to a fixed liabilty (like I would if backing), or should I lay to get a fixed profit?

[Guest CJ Mars]

Re: Stakes for laying? I lay 80% of my bets Dave to get a fixed profit although there is a maximum stake I will make so sometimes my fixed profit is reduced (although this is not often). I don’t think there is necessarily a right or wrong answer to this as stakes laying or backing tend to be what your risk preferences are most comfortable with. Fixed profit is obviously more risky at higher odds than fixed stakes.