Horse Racing Laying is simply the opposite of backing, you are taking a view that the horse will not win or place.
Our lay bets are generally for the place market on the betting exchanges, and it is vital you have an account with either Betfair or Betdaq or any other leading betting exchange to place your lay bets at.
We are now in profit to over £1000 from 435 lay bets with a strike rate of 70% and ROI of 9.59% during 2010.
We refer to a successful profitable lay as “Sunk” and a loss as “Lost”.
The graph below shows our progress during 2010 using an average stake of £24.
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