So here is a list of Horse Laying Services that we recommend:

JustLays – Formerly known as Martin’s Better Betting this is one of the services I have been a member of the longest. In the past year and a half I have made a considerable amount of money laying off his selections for £100 a lay. The owner is a very honest guy and the results you can see on the site (click here to see up to date results) are always accurate. To find out more and to check out their recent results click here.

TopBettingGuides – This is our own picks service which provides regular lay tips. Now I do not claim to be as profitable as the JustLays service but my service is free and my subscribers are grateful for this. To sign up for my service all you need to do is pop your email in the box below, confirm your email and you will receive my tips straight to your email inbox!

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The betting maximizer is simply rehashed old systems repackaged to make them look special, but don’t be fooled ‘David Thompson’ (as if that is his real name) has not found out any new special way of making millions through betfair!

Happy Bankroll.

Hopefully the screenshot below should look familiar to you:

This is a standard race screenshot that you should be familiar with if you have done backing before. However we are here to lay so in this example we will be laying Prince Erik. This means that we do not want Prince Erik to win in this race. To lay Prince Erik we need to click the highlighted portion of the screen.

Now all we need to do is input how much we would like to lay off Prince Erik for, in this example I have decided to lay him for £100. Laying him off meant that my total liability for this bet is £295, meaning if Prince Erik were to win the race I would be out £295 and if he lost I would win the £100 stake.

Now all that I need to do to finalise my bet is click ‘Place Bets’ at the bottom of the screen and my bet is done.

Lay betting, in the scheme of things, is a relatively new form of betting for the common punter. With the invention of the betting exchanges in 2000 normal punters are now able to act as the bookmakers do and lay off action.

The betting exchanges make their profit by taking a small percentage of the winner’s return, normally somewhere between 0.5% and 5% depending on how much you generally bet. Because of this the betting exchanges never lose because every bet will have a winner and they will take their cut from this winner so their only incentive is to get people to keep betting!

In a horse race if you think a horse will not win the race you can choose to lay that horse instead. You may have heard a rumor that the horse is just there for a run out and will therefore not contend for victory. With this information in hand you can go on betfair and lay that horse.

Now if the horse that you have chose to lay loses the race you will win the amount you have staked.

However if the horse does in fact win then you will find yourself looking at the downside of lay betting, because when a horse that you have decided to lay in fact wins the race then you will lose whatever the stake is multiplied by the odds (exactly the opposite to how much you would have won if you backed the horse at the same odds!).

Let’s see an example; the horse you think will not win is running out at 2/1 or 3 in decimal odds. You decide to lay it off for £100. If the horse loses you will have won £100, however if the horse wins you will be out of pocket by £200.

If this is still confusing to you just think about the guy who is backing the horse at 2/1 (the guy who’s action you are taking). He will have backed the horse for £100, if the horse wins he will receive his stake back (the £100) plus a profit of £200 because of the odds.

So that is the basics of Laying Horses you may wonder why you would want to lay horses and that is because it is profitable, simple as! It is easier to consistently find horses that will not win a race than it is to find horses to win the race, even with the larger strike rate required to profit. Remember also that we give away free horse tips to our subscribers. So if you would like to receive free horse racing tips straight in your inbox just pop your email into the box below: