| If laying horses is good for the bookmakers to make | | | | The advantages of lay betting are obvious; instead of |
| millions in profits every year why can you not do it as | | | | having just one outcome going in your favour you will |
| well? | | | | have many. For example say you lay a horse in a 10 |
| Every year the bookmakers post huge profits at the | | | | horse race, you will have 9 opportunities to win and |
| expense of normal gamblers. Even with this we | | | | just one opportunity to lose. Whereas if you were to |
| continue to think that although most people lose it could | | | | back a horse in the same race you would be relying |
| be us who is the one of the lucky few who manage | | | | on just the one horse to profit whereas 9 other horses |
| to take a profit from the bookmaker. Bookmakers | | | | will mean loss for you. |
| make the most money when a favourite loses. This is | | | | The only thing you need to think of when you lay |
| because the favourite has the most money on it and | | | | horses is to choose which horses to lay: |
| therefore when it fails to come in the bookmaker will | | | | - Which race to choose? |
| have taken lots of losing wagers. This thing is the | | | | - Which horse to lay? |
| favourite wins a lot less than you would imagine. | | | | - What price to set at? |
| In fact in an 8 horse race the favourite will only win 33 | | | | - Should you just lay the one horse? |
| percent of the time, so we can see there is definitely | | | | - Should you lay the place or the straight win? These |
| profit to be made by laying the favourites if you know | | | | are just some of the questions you will need to |
| what you are doing. | | | | answer if you wish to lay horses for profit. |