How to Use a Horse Lay Betting System

By eHow Sports & Fitness Editor

Rate: (1 Ratings)

In a horse lay betting system, you actually bet on the horse you think will lose, which increases your odds for success. With this system, you play the role of the bookie, since a bookie only profits when horses don't win.

Instructions

Difficulty: Moderately Challenging

Things You’ll Need:

Step1
Use a horse lay betting system by learning how to handicap horses properly. With lay betting, you will have to adopt a reverse strategy for evaluating horses and racing conditions by seeking out specific horses that you know will lose. This can be achieved by researching how a horse performs under certain weather or track conditions and determining whether there is a certain lack of synergy between the horse and the jockey.
Step2
Read the "Daily Racing Form" in order to evaluate race results, which will help you handicap horses according to the lay betting system. The "Daily Racing Form," which is available at most newsstands and racing venues, can help you pinpoint horses that are not performing at their best. You can also find it online at DRF.com (see Resources below).
Step3
Practice picking out losing horses based upon odds. While it may be easy to spot a poorly performing horse at the end of its career, it is even more lucrative to lay a horse that actually has a record for winning, but is the victim of poorly assigned odds.
Step4
Be prepared for the risk of having your losing horse win big when you use a lay betting system. Just as it is possible to make a lot of money when a certain horse wins a race, it is equally likely that your lay horse might win, which could amount to a rather hefty loss. Do not commit to the lay betting system unless you can cover those losses.
Step5
Use an online horse betting resource, such as the Go Horse Betting website, for your lay betting system (see Resources below). Many oddsmakers and bookies are reluctant to place lays, since they recognize the strategy.

Tips & Warnings

  • For the finer points of lay betting, you may need to purchase either a book or a video on the subject. One of the most popular is the "Lay King" e-book, which can be purchased online at newhorseracingsystems.com (see Resources below).

Post a Comment

POST A COMMENT

Request a New How-To Article

Looking for more How To information? Chances are there’s an eHow member who knows how to do what you’re looking to do. Submit an article request now!

eHow Article: How to Use a Horse Lay Betting System

eHow Sports & Fitness Editor

Related Ads

Sports & Fitness

JoeRivera
Meet Joe Rivera eHow’s Sports & Fitness Expert.