Bet & Trade News 24th September

In this news post I go into more detail covering Racing Lays and Lay Dutching two fully automated betting services at Exponential Bet, with a breakdown and examples of what you should expect when deciding to run these betting systems.

Racing Lays

This is a lay betting strategy that places one bet per qualifying race, and covers the majority of the race card each betting day.

Lay betting in case you've never heard of it is backing a horse to lose a race, which can be done using Betfair exchange, and comes with a variety of options which I'll go some way to cover in this news post.

Racing Lays picks a single horse in each qualifying race automatically, and then places the lay bet before the race is due to commence, not in running.

This lay betting strategy has the potential to return between 400 to 500 points profit per annum operating Fixed Stake, and between 70 to 100 points running fixed liability.

You can find out more on Racing Lays, staking options, and view the updated results so far here:

We have two modes of operation with this lay betting system, Main and High.

The only difference between these two options is Main places bets on Wednesday, Thursday, and Saturday only.

The High option places bets Monday, Tuesday, Wednesday, Friday, and Saturday.

Other than this they both work exactly the same, and according to the 'System Overview' rules below:

  • Lay betting not the favourite at time of selection.

  • Races with 2 to 50 runners.

  • Odds range limitations 1 to 20.

  • Broad bet type.