Lay betting tips horse racing
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If your horse wins the race, then you have to pay out. In addition to picking against your horse to win, another tempting aspect to lay betting is you are assuming the role of the house or bookmaker. Say there are eight horses in a race. This means seven of them will be losers, but in case of a lay bet, all seven of them could actually make your bet a winner.
In this sense, the odds are definitely in your favor. Although gamblers will have their own opinions on the best way to make lay bets in horse racing , quite often the best option is to pick the favorite to lose. The odds on picking the favorite will offer the best value bet and have a greater chance of paying off than a back bet, which is picking the favorite to win.
In a back bet, if the horse wins, you win. If it doesn't win, you lose. The statistics on this can vary, but in horse racing, the favorite usually wins around 33 percent of the time. Keep in mind some races are better suited for lay bets than others. Ideally, you want a race in which it's difficult to predict the race and one that also has multiple horses that are considered favorites with short odds. Possibly, the horse is in a rather poor form and could bottle the race.
Sport traders are out for such situations to lay on the favourite and wait for the outcome. It sounds a bit off as opposed to what everyone is used to; however, there is another option if you want to play it safe. Rather than laying on the favourite, you employ the same system on the third. Read also: How to use laying 3rd favourite system in greyhounds racing? Example In a regular race, the top prospects for the win are the first to third favourites.
They always have the hype and backing of everyone. In this case, your eyes are gazed at the third favourite. Such a horse is already overpriced in the exchange which makes it a great pick.
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