The “Lay the Field Betfair Strategy” is a strategy currently being used by many Betfair customers mainly in Greyhound Racing and Horse Racing markets.
For more Betfair Strategies check out our post on Pete’s Betfair Method – Scam Or Legit? – Our Review
So how does the Lay the Field Betfair Strategy work?
I have included a video showing how this works as this concept can be a little hard to grasp unless you physically see some of these trades taking place. Basically as an example you are going to set an amount you are willing to risk for each race. I would personally recommend either £10 or £20 just to get started.
So let’s say I lay the field for a maximum risk of £10. I use my LTF strategy to lay each horse in the field at odds of £2. Because my maximum risk is £10 I can match with up to 5 horses. Now you will want a pretty open race to even get 5 horses where someone is willing to match at those prices but it does happen. For this example though I want to show what you make in profit for each of these.
If only one of your horses get matched and unfortunately goes on to win the race, you are going to be down £10. But what happens if more than one horse gets matched and there are no dead heats, just a simple 1st, 2nd, 3rd, 4th race.
Lay the Field Betfair Strategy for 2 matched horses
For 2 matched horses at odds of £2 you are going to break even, again this scenario isn’t ideal but what you are trying to do is match 3 or more in a race. It is possible but you are going to need a very open market race. I like to cross over to my other screens and look at the odds from other bookmakers just for a straight out win and see if I can find a race over on Sportsbet, Centrebet or UNITAB that has 3 horses under $3 or 3 greyhounds under $2.50. If you can match 3 in a race and there is only 1 winner declared then you have yourself a profit
Below is a video showing the Lay the Field Betfair Trading Strategy.
I have had a good day betfair trading today and checked my emails and there is a lot of emails asking me about horse racing trading and ways to use betfair to make money on horse racing.
I have not traded the horses very much but it is like riding a bike. Once you know what your doing you can trade easily. So this is a trade called Lay the Field. The aim is to find a horse race which is….
– 5F, 6, 7 or 8F
– No clear fav
– 8 or more runners
Then you lay all the runners in the field and set the bets to be ‘kept’ when going in play. Aim here is to get more than one matched. I like to use 1.60-1.70.
If you get one matched you will lose but anymore you’ll get profit!
If you have any questions or want some help with your Betfair Trading then please….