Laying the Field Strategy
Have been doing a few lay the field strategies this week. I also checked out Peter's 'Laying the Field - Automatically' video. Assuming you pick the correct race, I can see it could be a pretty good earner. But I have a question to ask regarding the lay odds which one sets. In the video, Peter sets the odds at 3.0 and he mentions needing four runners to touch 3.0 in order to make a profit. Is this totally correct? In another YouTube video by somebody else there is an example of setting the lay odds at 1.67 and to win one needs at least two runners hitting the odds in order to secure a profit. Could someone maybe explain this more adequately as I am not totally understanding the numbers of runners meeting the specific odds and why set the odds at specific rates! I presume the number of runners in the field dictates ones odds . . .
If you lay 2 horses at 3.00, and one of them wins - you lose!
If you used £100 stakes = £200 loss on the winner - £100 stake on the other selection (£100 Loss)
With 3 selections matched at 3.00 you will break even if one of them wins
Therefore, you need 4 runners at 3.00 to be in profit, as you will pay out £200 on the winner, but take £300 in stakes on the other
However, when less than Evens you only need 2 winners
The general rue for this is...... whatever price you use you need to get an amount of selections matched that equates to that, rounded up to the next full number
For example if you laid horses at 2.5 - you need 3 matched. If you laid anywhere between 6.00 and 6.90 you need 7 matched etc
If you used £100 stakes = £200 loss on the winner - £100 stake on the other selection (£100 Loss)
With 3 selections matched at 3.00 you will break even if one of them wins
Therefore, you need 4 runners at 3.00 to be in profit, as you will pay out £200 on the winner, but take £300 in stakes on the other
However, when less than Evens you only need 2 winners
The general rue for this is...... whatever price you use you need to get an amount of selections matched that equates to that, rounded up to the next full number
For example if you laid horses at 2.5 - you need 3 matched. If you laid anywhere between 6.00 and 6.90 you need 7 matched etc
Try this one for the flat coursesqlever wrote:Dallas, which are these courses?
Any site where you can find that type of course-stats?
https://www.flatstats.co.uk/courses/tur ... ishes.html