Hi I watched a few videos on laying the field and it seemed like a good strategy so gave it a go.
I only used £1 stakes however by the end of the day I'd lost approx £30.
One video said you lay all the field at odds of anywhere between 1.5 to 2 and keep in play, and as long as at least 3 match you should be into profit.
Others (including Pete's) said lay at 3.
I found that using odds as suggested, not everything was matching in play, so layed at 4's.
My Guardian Rule is to lay the field at 5 mins before the off & keep in play, Fixed Odds £1 at 4.
Have I just been unlucky or am I doing something wrong or fundamentally not understanding something?
Thanks
Laying the field - what am I doing wrong?
To profit from laying the field the number of runners you need to be matched depends on your odds
If 2 runners were matched at 2.0 you'd break even, if 3 matched at 3.0 you'd break even and so on
So to make a profit laying at odds below 2.0 you will need 2 or more runners to be matched, (the lower the odds below the more you make but harder it is to get two matched)
To make a profit laying at odds below 3.0 you will need 3 or more runners to be matched, (the lower the odds below the more you make but harder it is to get three matched)
to make a profit laying at odds below 4.0 you will need 4 or more runners to be matched, (the lower the odds below the more you make but harder it is to get four matched)
and so on
If 2 runners were matched at 2.0 you'd break even, if 3 matched at 3.0 you'd break even and so on
So to make a profit laying at odds below 2.0 you will need 2 or more runners to be matched, (the lower the odds below the more you make but harder it is to get two matched)
To make a profit laying at odds below 3.0 you will need 3 or more runners to be matched, (the lower the odds below the more you make but harder it is to get three matched)
to make a profit laying at odds below 4.0 you will need 4 or more runners to be matched, (the lower the odds below the more you make but harder it is to get four matched)
and so on
If is less than 8 runner then lay the field is not very good at my end. I normally use on 8+ runner with odds 1.80 using betangel manual tab. As you can select odds and stake and press bet on last minute if they close to finish.