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Betfair laying odds
Horse racing master > Betfair > Betfair lay > Betfair laying > Betfair laying odds If you want to be successful in your online betting career, you need to have the ability to accurately evaluate the Betfair laying odds. I will assume that you know what laying betting is by now, so what is left to do is to be able to set the optimum price to lay at. I can’t emphasize enough the importance of this, and the reasons are many. For starters, if you are too generous with your odds you can easily destroy the value that your bets have. Also, in the case of horse laying for example, your best option is to lay the horse the closest possible to the start of the race. This is when almost 90% of all the bets are being made. This is the 10 minutes period before a horse race starts. If you lay the favourite, you can be almost sure that your horse’s price will drift. On other occasions, you can get surprises like the fact that your horse's price drifts very much and it is no longer the favourite.
If this is the case, the other punters have surely realized themselves that certain question marks float over the horse’s ability. If this is the case, what course you decide to take is up to you exclusively. If you are still very sure that the horse will not win, you can still decide to lay it. There’s also another possibility; the price may drift so far out that you decide it’s better not to lay it anymore. As a rule of the thumb that may keep you out of trouble, try not to lay a horse which is over 5.00 on the exchanges. The risk is simply not worth the big amount of money you would need to pay if the horse wins. Of course, there are gamblers who risk at 25.00, 30.00, or even more! It’s recommended that you never try that. Those people base their bet on the assumption that the horse doesn’t have a snowball’s chance in hell of winning. But think about the fact that you only need one winner in about 30 bets, a winnee which can completely erase your whole profit. Big priced winners do happen from time to time. What you need to do is set a maximum price and diligently stick to it. This is one of the ways that is going to keep you out of trouble.
As a matter of fact, this is the only way to make profits in the medium and long term. If you are not able to lay just before the race, what you need to do is set a price beforehand. You can get help in deciding the price by checking out what other people’s prices are on Betfair. Then, all you need to do is decide on your Betfair laying odds.
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