Lay betting as named by its practitioners is described as a bet on the outcome of a horse race by making a bet alongside the horse that it will lose. You can either make this bet on the favourite or the rank outsider, the bet is made at the same time the race begins, there is no in-between as to who will lose or win, it must be a win or a loss for the horse that you laid to enter the race.
Like all other betting systems, the rock solid, winning horse betting system must have a positive expectancy of winning. Anyone believing in it is wrong and will lose money over the years, so it is best to stick to the horses you know and feel comfortable with in the horse betting markets.
The betting systems are much more fun when you win, but always bear in mind if you are making a losing bet, the possibility is that you are wrong and you will lose money. Horses such as Alabaster who are certainly not blessed with speed and class, although they may run very well on any given day, are still very expensive to bet against.
98% of horse betting systems are based on some form of progression systems and looking at the information available, you can make tiny profits by carefully entrenched and well thought out systems. It took me years of trial and error to establish the successful horse betting systems that worked best for me.
The first thing to do is to set up your betting bank. Put aside a small amount of money and stick to it. I would suggest no more than £1 a day for betting bank and no more than 5% of your bank.
The next step is to set up a betting exchange. There are many betting exchanges available in the market and all offer you the same service, it is advised that you sign up to one such as betfair which can best suit your style.
You either set it up yourself or pick one of the many promotional offers that the betting exchange offers. They offer you the same as betting bank but in a new marketplace called Data Hk 6d.
When you set it up yourself you will have a lot less work on your hands and if you don’t like the process then you can very easily cancel your subscription with no financial risk at all.
It is important to remember that when you are thinking of starting to bet on horses you are being offered odds, picks and a whole host of other resources to help you make a decision about where to place your bets.
The whole process has been revolutionised with the Betfair posting of initial bets for three years. They have been in a position to advise on to much better when it comes to horse betting and the range of bets available to each punter is a lot wider now on Betfair than it was before.
The odds are not the only resource out there, in the UK there are a lot of betting system guides that can guide you through to getting the best return for your bets and a lot of these system guides have been written by regular horse racing punters that have used the system themselves and have shown it to be one of the most profitable systems available to the regular punter.
All in all, the resources are there for the taking and the knowing better or more importantly the making of the decision for the betting system you decide to use. Finally, when it comes to testing them out, the resources are there to help with the figuring out of any system you choose to use. It’s about the customer assistance and the ability to ask any questions you need answered.
