Automated in-play laying - discuss

[happygooner]

Originally Posted by Samba_SamPa

Haven't really ventured into the GH forum much but having a good trawl through today. Really interesting thread HG, glad it has proved profitable for you so far.

Thanks, although around 15:00 this aftenoon I was ready to pack it all in

I got a good start but after seeing what can happen it's still very much debatable as to whether there is too much life in this method.

Tried looking at just handicaps too which looked positive at first glance....and then when I looked further.....not so positive

Doesn't appear to be any pattern to this at all. Perhaps enough single figured odds horses are required in any one race to make the likelyhood of a break even at worst, that bit more likely

For example, if I lay 4.00 then realistically the race must have at least another 3 within single digits. Anybody think that may help??

[happygooner]

Down about £2-£3.00 again today so I'm cutting and running before I lose anymore.

Got some flukey profit and I'm taking it with before I lose the lot

It made for some interesting discussion if nothing else

[happygooner]

Despite my failed attempt at laying the field in-play for a profit, I still believe there must be potential for in-play laying at lower odds than those you would have received before the off.

That being the case I'd like to keep this thread open for discussion:

It's documented that a favourite wins the race about 35% of the time. We also know that bookies add about 15% overround.

So if we could lay the favourite in each race for lower odds than the bookie is offering then we must surely end up with a small profitable yield?

A favourite by it's very definition has punters falling all over themselves to back it so when they start off well, the odds often drop for a while....at which point your lay goes on.

I'm sure this is a foolish idea but meh

Overall you win 65% of the time