Tuesday, March 17, 2009

Laying System - Day 1 Results +16.7

Not a bad start, noticed Elliwan and Boscage were in handicaps so left them along,although it would still have been profitable to leave them in as one won and one lost. Turtle Time Lucky started odds-against so that was left out


Tawaag Lay 15 @ 1.4 -6.0
China Gold Lay 15 @ 1.82 15.0
Fiveforthree Lay 15 @ 1.49 -7.4
Arbor Supreme Lay 15 @ 1.71 15.0
Total +16.7

2 comments:

  1. Not bad at all. I've no idea what anything means to the right of the horse name but they all finished in paying positions, no?

    What about tomorrow's horses!?

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  2. Well, this is a system to lay horses to lose, so you want as many to lose as possible m8 ;-)

    It's basically you, acting as the bookie. So I offer someone odds of 1.4 for example and say that I am willing to accept 15 pounds at those odds. If the horse wins I payout at the odds but if it loses I keep the 15 quid.

    So...today for example...

    Basically, I laid Tawaag for 15 pounds at 1.4 odds. He won so I had to payout 6 quid (15*0.4). You deduct 1 from the odds offered each time.

    In the next race I laid China Gold for 15 pounds at 1.82. It didn't win, so I got the 15 quid.

    Next race I laid fiveforthree for 15 pounds at 1.49. It won so I had to payout 7.40 (15*0.49).

    Finally, I laid Arbor Supreme 15 pounds at 1.71. It lost so I won the 15 quid.

    So I basically won 30 quid and had to payout 13.40, hence the 16.60 profit.

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