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Lay of the Day

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  • 25-03-2008 10:35am
    #1
    jameshayes
    Registered Users Posts: 3,772 ✭✭✭


    Dansimar is running today at 2:20 in Fontwell. He's trading at 1.33 at the mo for a lay, there are 10 horses running & in my opinion well worth a flutter...

    €33 Liability = €100 profit


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    #2
    Keano
    Moderators, Recreation & Hobbies Moderators, Social & Fun Moderators, Sports Moderators Posts: 12,802 Mod ✭✭✭✭Keano


    Are you planning on laying the field?


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    #3
    jameshayes
    Registered Users Posts: 3,772 ✭✭✭jameshayes


    I have no idea what you mean! Sorry - Laying the field? (not to good on the HR lingo)


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    #4
    Keano
    Moderators, Recreation & Hobbies Moderators, Social & Fun Moderators, Sports Moderators Posts: 12,802 Mod ✭✭✭✭Keano


    I would not be the best at the laying side of things so I thought you might be laying the whole field

    Are you planning on just laying Dansimar ? What stake? ??:)


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    #5
    jameshayes
    Registered Users Posts: 3,772 ✭✭✭jameshayes


    Keano A Legend wrote: »
    I would not be the best at the laying side of things so I thought you might be laying the whole field

    Are you planning on just laying Dansimar ? What stake? ??:)

    Two plonkers eh! -Just getting into the laying myself, it seems pretty handy actually, low stakes & high wins...

    He's trading on BF at 1.31 to win and 1.32 to lay... So if I want to win 100euro I'll bet 32euro, if that makes sense!


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    #6
    MrJoeSoap
    Registered Users Posts: 15,117 ✭✭✭✭MrJoeSoap


    Did a little bet on it, nothing crazy!


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    #7
    thewools
    Registered Users Posts: 3,568 ✭✭✭thewools


    He is basically betting for the horse to lose, been the bookie!!

    So taking someone elses money if the horse loses...

    But to suggest that its worth a flutter because Dansimar is running in a 10 horse race doesnt merit "Lay of the Day"

    @ 1.31ish there generally a good reason for such a short price :D


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    #8
    Keano
    Moderators, Recreation & Hobbies Moderators, Social & Fun Moderators, Sports Moderators Posts: 12,802 Mod ✭✭✭✭Keano


    I feel like a total Betfair n00b!

    I am totally lost by this!

    How can you win 100 for the lay? You will be only risking 32??


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    #9
    MrJoeSoap
    Registered Users Posts: 15,117 ✭✭✭✭MrJoeSoap


    Keano A Legend wrote: »
    I feel like a total Betfair n00b!

    I am totally lost by this!

    How can you win 100 for the lay? You will be only risking 32??

    Basically, the horse is ~1/3 to win.

    That means it is ~3/1 that the horse won't win.

    So essentially you are offering people odds of 1/3 on that horse. If €100 worth of bets are placed, and the horse wins, you have to pay out €32. If not, the money is his.


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    #10
    Keano
    Moderators, Recreation & Hobbies Moderators, Social & Fun Moderators, Sports Moderators Posts: 12,802 Mod ✭✭✭✭Keano


    So is he staking €100 or €32???


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    #11
    thewools
    Registered Users Posts: 3,568 ✭✭✭thewools


    Keano A Legend wrote: »
    So is he staking €100 or €32???

    He is staking €100 for the horse to win,

    If it wins he will return €132 (his 100 plus your 32), you will be down €32

    If the horse loses he will lose his €100, you will be up €100


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    #12
    thewools
    Registered Users Posts: 3,568 ✭✭✭thewools


    Also Betfair "Commission" will have to be taken into account too... lol :D


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    #13
    MrJoeSoap
    Registered Users Posts: 15,117 ✭✭✭✭MrJoeSoap


    thewools wrote: »
    He is staking €100 for the horse to win,

    If it wins he will return €132 (his 100 plus your 32), you will be down €32

    If the horse loses he will lose his €100, you will be up €100

    Thats not what I understand from it. He is risking €32 to win €100 potentially. He will lose €32 if the horse wins.

    I bet on it and will lose €3.20 if the horse wins. If it doesn't, I'll win around €10.


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    #14
    thewools
    Registered Users Posts: 3,568 ✭✭✭thewools


    Your confusing me now... lol

    Read my post again... (He = other betfair trader / backer); (You = me / layer)


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    #15
    mike65
    Closed Accounts Posts: 88,978 ✭✭✭✭mike65


    The nag is 1.25 on PP I would not risk it go e/w on Aya.

    Mike.


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    #16
    jameshayes
    Registered Users Posts: 3,772 ✭✭✭jameshayes


    MrJoeSoap wrote: »
    Thats not what I understand from it. He is risking €32 to win €100 potentially. He will lose €32 if the horse wins.

    I bet on it and will lose €3.20 if the horse wins. If it doesn't, I'll win around €10.

    Bang on! - Just watch it in running and trade out if it goes to 4 or 5...

    Do you all have the "Show profit & Loss" and the "what if" turned on in BF ? It's really handy for trading out of bets.. (should look like pic)

    image1ly8.jpg


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    #17
    Keano
    Moderators, Recreation & Hobbies Moderators, Social & Fun Moderators, Sports Moderators Posts: 12,802 Mod ✭✭✭✭Keano


    I think I get ye now!


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    #18
    badbrian
    Registered Users Posts: 384 ✭✭badbrian


    jameshayes wrote: »
    Dansimar is running today at 2:20 in Fontwell. He's trading at 1.33 at the mo for a lay, there are 10 horses running & in my opinion well worth a flutter...

    The only reason I can see as being put forward to lay this horse is that the horse is outnumbered?
    Is this really the case being put forward?


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    #19
    thewools
    Registered Users Posts: 3,568 ✭✭✭thewools


    yip, no form taken into consideration, no info regarding ground, trip etc etc... the horse racing forum would not take this one too kind!!! :rolleyes:


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    #20
    badbrian
    Registered Users Posts: 384 ✭✭badbrian


    thewools wrote: »
    yip, no form taken into consideration, no info regarding ground, trip etc etc... the horse racing forum would not take this one too kind!!! :rolleyes:

    Ongoing debate about this thorny topic. I'm one who have Horse Racing Tips in the Horse Racing Forum (imagine) but I keep getting shouted down on this.

    In this Forum nobody puts up a sports bet without some consideration or the reasons given but this rule does not apply to Horse Racing tips given by the same people.

    I hope the lads win money on this but I just would like the continuing dumbing down of this Forum to stop.


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    #21
    jameshayes
    Registered Users Posts: 3,772 ✭✭✭jameshayes


    Ah balls


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    #22
    jameshayes
    Registered Users Posts: 3,772 ✭✭✭jameshayes


    Won by like 20 lenghts! Aye in 2nd! Lucky only lost 3quid!


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    #23
    thewools
    Registered Users Posts: 3,568 ✭✭✭thewools


    :rolleyes: lol


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    #24
    mike65
    Closed Accounts Posts: 88,978 ✭✭✭✭mike65


    Well I made money! :) Shudda put the house on him.

    Mike.


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    #25
    death1234567
    Registered Users Posts: 3,333 ✭✭✭death1234567


    :eek: the 1/4 favourite Dansimar romped home! I guess it was 1/4 for a reason.


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    #26
    Mellor
    Registered Users Posts: 39,385 ✭✭✭✭Mellor


    To make the bet profitable, the horse has to lose 25% of the time or more, doesn't seam too bad, esp given the size of the field. When a favourite goes very strong like this more money goes on, making it shorter again,

    Just because he won, doesn't mean the bet was good or bad.


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    #27
    MrJoeSoap
    Registered Users Posts: 15,117 ✭✭✭✭MrJoeSoap


    Bet Angel is perfect for bets like this, one-click to place a bet/lay. Highly recommended, and the basic software is free.


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    #28
    Keano
    Moderators, Recreation & Hobbies Moderators, Social & Fun Moderators, Sports Moderators Posts: 12,802 Mod ✭✭✭✭Keano


    MrJoeSoap wrote: »
    Bet Angel is perfect for bets like this, one-click to place a bet/lay. Highly recommended, and the basic software is free.
    It looks pretty good. Must check it out at home later. Cheers


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