Daily Lay

Horse playing up before the race

Daily Lay

Lay Tips for 02 October

Iceo 14:15 - Newton Abbot
King Of Kingsfield 14:50 - Fairyhouse
Karmology 20:00 - Newcastle
Classic Times 15:40 - Hamilton
Winged Messenger 15:10 - Hamilton

Liability Profit since 31/01/2022 - Pts +232.54
using Industry SP excluding Betfair commission

Get our free Strategy Guide to improve your betting

Hi Chris, I see you are giving out free lay service tips but can you also explain why you are laying these horses? Many thanks.

Answer: Hey there,

I'm Chris, and I'm the author of the Daily Lay tips service. I'm glad you're interested in using my tips, and I'm happy to explain why I'm laying these horses.

First, let's talk about what it means to lay a horse. When you lay a horse, you're essentially betting that it will lose. This is the opposite of betting on a horse to win, which is called backing a horse.

There are a few reasons why I might lay a horse. First, I might think that the horse is overpriced. This means that the odds of the horse winning are higher than they should be. For example, if a horse is 2-1 to win, but I think it should only be 3-1, I might lay it.

Second, I might think that the horse is not in good form. This could be because the horse has been injured, or because it has not been running well recently. For example, if a horse has not won in its last three races, I might be more likely to lay it.

Third, I might think that the horse is not suited to the track or the distance. For example, if a horse has only ever won over short distances, I might be more likely to lay it in a long race.

Finally, I might think that the horse is not the best horse in the race. This could be because the horse is up against more experienced horses, or because the horse is not as well-trained as the other horses.

Of course, there is no guarantee that any of these horses will lose. Betting on horse racing is always a risk, but I believe that my tips can help you to reduce the risk and increase your chances of winning.

If you have any further questions, please don't hesitate to ask.

Thanks,
Chris

Overview - the daily lay tips are provided free every day on the website. The tips offered are usually very low priced in the market, typically averaging less than evens at industry starting price.

The tips are drawn from the UK and Irish horse racing industry and posted on the website the evening before the next day's racing.

The rewards: For anyone using the selections the fact that they are posted the night before the event means they have ample time to obtain the best prices available on the betting exchanges.

They also have plenty of time to make their own assessments of the relative merits of each selected tip.

The risks: Betting on the outcome of horse races is inherently a risky enterprise however the Daily Lay tips can reduce the size of any loss as they are often short priced false favourites.

Comments for Daily Lay

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Sep 30, 2023
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Great day NEW
by: Wayne

Hi Chris 4 out of 4 to end the month .. well done ..

Sep 28, 2023
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Odds
by: Gaz

I've been laying horses at odds of 2.5 or under and laying horses with higher odds in-play in the hope that I'll get matched at 2.5. Had some success with this strategy so far. Hoping someone could share a better strat to increase my profits.

Sep 27, 2023
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Keep up the good work!
by: Gobby

Thanks for a brilliant service.

Sep 24, 2023
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Great tipping service
by: Wayne

Great Lay tipping service you are providing free of charge Chris .. Thank you Wayne

Sep 24, 2023
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by: Chris

Thanks Jack - I will try to keep the profits coming

BTW what betting strategy do you use when placing these selections?

Sep 24, 2023
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Review of the tips
by: Jack

Thanks for all your hard work, i've consistently been making good money and appreciate this is a free service, keep up the good work :)

Sep 20, 2023
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Vacation
by: GB

He says ""I am on vacation - Tips will resume on 23 Sept although Lay tips will continue as normal""

might be none today anyway, usually up early.

entitled to a break, let's be patient and remember they are free !!!

Sep 20, 2023
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No lays today
by: Jeff Muir

Very disappointed that no Lay tips have been forthcoming. Has this service been terminated?

Sep 20, 2023
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daily lays
by: Anonymous

nothing yesterday and nothing today on the lay tips any reason why?

Sep 06, 2023
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Lay 1/25
by: Eddie

I didn't do it, shows what do i know. brave choice. well done

Sep 05, 2023
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Keep up the hard work
by: RompeTodo

The lay tips are top quality. I can see the long term profits accumulating.

Aug 28, 2023
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P & L and Filters
by: Chris

Interim results report ref filters:

Points profit on 28th August since the start of filters 23 days ago on 5th August is 25 points.

Points profit 23 days prior to the 5th August is minus 7 points.

So although the prior period had some bad losses the application of filters does seem to improve the overall profitablity.

I pay particular attention to short priced runners of Willie Mullins, Aidan O'Brien, William Haggas et al.

Aug 05, 2023
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Reply
by: Anonymous

I have no doubt that additional filters may well up your strike rate but there has to be a balance between that and actually having some volume left IMO. Still, we'll see how it goes.

Aug 05, 2023
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Lay Filters
by: Chris

You may be right about the filters however they are based on past results.

Let's give them a trial for a week or so and then see what has been achieved.

Aug 04, 2023
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Hmmmm....
by: Anonymous

Why introduce more filters and reduce the amount of selections if you're proven to be long term profitable? Ignore the idiots and stick to what you're doing...

Aug 04, 2023
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P & L and Filters
by: Chris

The current P & L is posted after the day's selections or a complete results list for 2023 can be requested via the Contact Us form as mentioned in a previous comment.

I am introducing a few more filters to hopefully improve results - this is likely to reduce the number of daily selections.

Aug 03, 2023
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Observation
by: Anonymous

I cannot see anywhere the P& L sheet.
Also Chris goes against his own laying strategies, ie he lays favourites and horses that have been place 1/2/3

Aug 03, 2023
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Laying Results
by: Chris

The prices recorded are Industry not BSP as BSP are not easy to access after the event.

I suggest placing bets using BSP rather than the early price for consistency.

You can request a copy of the results here
Contact Us

Aug 02, 2023
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Hey!
by: Luke

I see you have added a P&L which you appear to be regularly updating, which is great. I see you make mention of industry starting price. Presumably you mean BSP? I don't suppose you have a spreadsheet of your lays?!

Is there any opinion on when it is best to take a price? Early or at the off?

Thanks!

Jul 31, 2023
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by: Chris

Thanks for your comments guys and great to see that using them to suit your betting style is the way to go.

With regard using 5% of a £100 bank, that is doable especially if laying at 2.0 or less.

Jul 26, 2023
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Wish
by: Victor

First time i am going to bet your horse tip.will see what happen tomorrow .I am from sri lanka rural village .we get results tomorrow morning .so iwill let let you know tomorrow .

Jul 12, 2023
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Bankroll £100
by: Anonymous

If I start with a bankroll of £100 would you lay to stakes of 5% of your bank ?

Jun 14, 2023
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RA
by: Anonymous

Knowing where you get your horses to lay from, I'm not surprised that a high percentage wins. Nowt wrong with that, though. You have helped me enormously by pointing out the obvious that in-running laying at around 1.2 will give 5 bets X £10 for £50 outlay with only £10 at risk if every horse wins (Which isn't often) If a horse runs a stinker and doesn't hit the price in running then my stake is returned. Great stuff.

Apr 29, 2023
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Laying Paying
by: Gordon Mills

Hi Chris
Thank you for your free Lay service.
I much prefer Laying to Backing and appreciate all the help I can get, and there is none better than your contribution; Cheers Mate:
Gordon

Apr 27, 2023
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Two Way Street
by: Gordon

I always lay to lose and bet the same horse to place with over 8 Runners. Over the longer term, it pays off.

Apr 17, 2023
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Re 5 winners
by: Anonymous

He completely goes against his own Strategy that’s why they all win

Apr 17, 2023
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Lays
by: Anonymous

Monday 17th april 5 lays posted 5 winners u sure this is a lay service???

Apr 04, 2023
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Ups and Downs
by: Eddie

Wow, 2 unbelievable days, who writes the script for this drama.
I know it will all come good, keep up the good work and thanks

Apr 04, 2023
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You're The King Of Horse Racing LAY Betting!
by: Prabhu

WOW! Congrats 5 Lays WON out of 5!

You Have The Guts, Knowledge, Acumen, Experience, To Be Crowned The King Of Horse Racing LAY BETTING!

BEST WISHES FROM HYDERABAD, INDIA

Mar 19, 2023
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Hat's Off To You!
by: Prabhu

Hats Off to you! I thought you were crazy to lay @0.20; @0.40; on March 19th,2023, but both horses lost! Best Wishes from Hyderabad, India.

Mar 17, 2023
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5 Stars
by: eddie

Thank You !!

Feb 02, 2023
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Strategy
by: Anonymous

So you don't lay McCoy (retired 2015) or Ruby Walsh (retired 2019) over the jumps. And you avoid laying Hughes (retired 2014) on the flat. Sound.

Sorry guys - needed to update this - now done - but goes to show, the Daily Lay has some history!

Jan 25, 2023
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Odds strategy
by: Paul

Hi there, being new to this game, I'm still trying to develop my strategy.

I'm tentative to lay anything over 3.0, the theory being that based on the general average of 35% winning favourites, if I were to win 2 lays for every loss, I would be in profit.

Based on £10 lays, a 2.5 odds loss would lose £15 liability, but 2 £10 stakes would provide a £5 profit regardless.

Naturally, any loss under 2.0 would be covered by 1 £10 stake win. This is of course relying on meeting the general average of favourites wins/losses.
Do you think this potential strategy has any credibility or do I need a rethink.

The obvious drawback to this strategy would be less choice.

Any advice, as always, very much appreciated.

Kind regards

Paul

Answer: Setting a price limit is a good idea with these lay tips - 2.0 decimal odds would be a good start

Jan 23, 2023
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Great lay tips
by: Anonymous

Great lay tips today Chris , I did all 3

Jan 16, 2023
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2Voided 1 success
by: AnonymousEddie

Hi, Races voided because of waterlogging but still you give a successful tip on the one remaining post. thanks.

Dec 16, 2022
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2 lays in 1 race
by: Eddie

Hi Chris, thanks for reply, I am unable to use Betfair but guess if I transfer the amounts showing over to Smarkets or Matchbook or Betdaq they will work out similar to Betfair . maybe not at the 100 yet though !!
thanks for the winners so far or should I say "losers" as they are lays !!

Dec 15, 2022
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Answers to Comments
by: Chris

Sorry I have not replied sooner guys but I have been very busy.

My strategy comments should be viewed mainly as a general guide. If low odds warrant a bet then go for it.

To place lay bets on more than one selection e.g. today we have

Mighty River 18:30 - Chelmsford
Kingsley Pride 18:30 - Chelmsford

Betfair offers a built in calculator - select both horses then click liability button - click liabilty and a max liabilty box pops up - enter 100 and click ok - the stakes required to make a profit are then filled in for you.

Find out more at
Lay Dutching

Dec 13, 2022
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Response
by: Del

As you can see chaps the host has no priority to respond to our posts. Seems pretty pointless saying anything

Dec 12, 2022
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2 lays in same race 13.13 Southwell
by: Eddie

Hi, what is the best way to lay both to have a profit?

Dec 12, 2022
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Winners
by: Eddie

Hi, yes I agree with earlier poster that today's first choice was on a 3 timer but the odds were so low it was worth a risk. Ok it won but I was able to recoup the small outlay I lost on the next winner.
keep up those great selections, thank you.

Dec 11, 2022
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Lingfield 12.42
by: Anonymousdel

I see your going against your own strategy 12 dec lingfield 12.42
Huberts Dream 12:42 – Lingfield. This has has won his last two races, which you advise to avoid if a horse has won previous ra Ed ?

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