Saturday, 5 March 2011

Lay The Field Fourteen Day Trial – Day Four Result

You may need to double click on the screen shot for a better view

My Blog post of the week this Monday described a method of laying the whole field in a horse race so that you would profit if at least two horses reached the lay price you set.

Before I start todays round up,  I would just like to thank Scott Ferguson of the Sport is made for betting
 blog, for originally posting up this method and bringing it to our attention.

I was so impressed with the concept that I decided to do a fourteen day trial where I would pick one race a day to put the method into action.

Today was the fourth day that I have had the time to put the method into action and as you can see from the screen shot above, it was a losing day.

I decided to set my lay odds at 1.33 again, so that if I did win I would be paid out at odds of nearly two to one.

I picked a 2 mile  4 furlong handicap chase with 15 runners at Newbury. My reasoning was that it was an open market so I thought the race would be very competitive, also watching the earlier races at Newbury it seemed to me that the run in to the finishing line seemed to go on and on, which could lead to a fast finisher causing an upset.

The race was won by Fine Parchment with Tail of the Bank finishing second and trading as low as 2.00

Trial Summary
Number of bets: 4
Winning bets:2
Strike rate: 50%
Profit/Loss: +£3.72

I hope you enjoyed this post
Stay patient

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