One of our members 'Ray' has kindly offered to share his back to Lay selections on here for us to follow! Basically Ray selects horses which he thinks will shorten in price in running and then Lays them off during the race. Ray has had great success with his trading strategy and he would like to share his tips right here for you.
Hi Guys
I’m Ray 37yrs old and been trading on the Betfair markets for several years, I am what you call an In Running Trader
I concentrate on Horses who are likely to front run but this on its own just isn’t enough,Im also looking for a Horse who responds to pressure and also travels well and trades well on the ground.
I go through alot of historical data and Horses are reautures of habit and tend to run the same as they did previously
I will be putting my selections up every evening for the following days racing before 9pm
Just before the off I will back the selection and look to lay it off at a lower price in running roughly around half its BSP
Example One- Back Tornado In Milan @ 6.2 Lay Tornado In Milan @ 3.1 (Half of 6.2=3.1) What I suggest is to lay it a few ticks higher @ 3.5
Example Two Back Robert The Painter @ 11.5 Lay it @ 5.7 (Half its BSP) Few ticks higher 6.2
Its a lot easier once you have done this a few times but any questions please feel free to ask
A lot of my trades will come in no doubt about that, but I do not win every trade just most of them,I trade £50 and make £47.5 after Betfair Comm, and once I have two trades in the bag I stop for the day and Im happy making £95 a day 6 days a week.
So Thanks for giving me a go,Now lets make some dosh!
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