Generating profit from laying horses (or any sporting event for that matter) may seem like the easest thing in the world, think about it there are large numbers of runners in a race so it should be easy to pick one that will not win˳ Couple this with a knowledge of racing and a pocket full of cash and you should be untouchable on the betting exchanges right?
Not so, did you know there are only two types of people making successful money laying off horses on the betting exchanges? Those are the bookies themselves who use the exchanges as another medium to make business and the professional gamblers˳
The pitfalls of majority first time and even regular lay bettors are that they do not realise the implications of lay betting properly˳ When you lay horses you could easily have a strike percentage of over 90% but still be in the red overall˳ This is because if you are laying off horses at over 10/1 then you will need at least 10 successful bets just to cover the loss from one outsider taking the race!
Does lay betting seem that easy now? Here is a quick tip for anyone who is looking to try and make profits from Laying horses; do your research and lay favourites˳ That’s right you heard me˳ Laying the favourites is the best strategy because you need a much lower strike rate to still turn a profit and with the proper research you should be able to find so called favourites that do not have a chance of winning!
Source by https://ezinearticles˳com/?Laying-Off-Horses?-Danger!-Know-What-You-Are-Doing-and-the-Pitfalls-First&id=3280819
