Hello
My name is Chris. I am going to start doing a trial on a Laying service called “My Lay Bets”.

This lay service offers daily selections that are emailed to your inbox each morning around 9:00 – 10:00. There are probably 1 or 2 selections on average per day, and the service owner gives guidelines of the lay odds recommended.
The subscription comes with a staking plan, a lay BOT and a general gambling E-book to wet your appetite.
The owner has issued two years of results on their web site, which shows a reasonably good consistent profit each month. The service has had 405 selections with 358 winning lay bets which gives it a 88% strike rate with a profit of +108 points! This is based on only laying the horse if the sp is below 8/1 and you lay at 15% above the starting price and then pay commission of 5% out of any winnings.
I will run the trial at level stakes (2.5% of the total bank), with a starting bank of £1,000. At the end of the trial, I will do a summary indicating what the final profit/ loss is at level stakes, and also using the staking plan that is offered for those that like to use such plans.
I have been following the service over the past few days, and here are the results (profits include 5% Betfair commission): -
15/11/08
1:25 Dashing George      (Lay odds 6.93)         Successful Lay            profit £23.75

16/11/08
No selections

17/11/08
No selections

18/11/08
2:30 Backbord               (Lay odds 3.90)          Unsuccessful Lay        profit -£74.21
3:10 Alderbrook Girl       (Lay odds 6.40)          Successful Lay           profit   £22.54

Summary
£1,000.00 Starting bank
£    27.92  Loss
£   972.08 Total bank to date

I have an update for you on the Laying service Punters Profits.

August was a losing month but September a winner, especially betting to liability:

Aug = -16.71pts @ 1pt level stakes & -19.15pts @ 5pts liability

Sept = 22.93pts @ 1pt level stakes & 64.71pts @ 5pts liability

They have also included bonus selections into their daily email with more selections and the average odds are lower.

FINAL REVIEW

I’ve been testing the Stat Attack laying system for approximately 2 months now which I think is a pretty reasonable length of time to form an opinions as to whether it is a good product or not.

To recap, Stat Attack is actually 3 laying systems in one. By running all 3 system concurrently, one would hope to eliminate any wild fluctuations in the betting bank and produce steady long term profits. The rules for all 3 systems are very simple, and do not require a specialist racing paper such as the Racing Post to operate. It rarely takes longer than 5 minutes to produce a shortlist of potential lay selections on any given day, which is a big plus for those who don’t like spending a lot of time trawling through racecards and past form. Interestingly I only had 1 selection from the 3rd system throughout the whole trial. This is due to the fact that it only applies to National Hunt races over 3 miles or more, and given that I was testing in the thick of the Flat season this is understandable.

Each system has a strict upper limit on the odds at which selections can be layed (7.0 typically being the highest), and what usually happens is that the shortlist of potential selections is whittled down to 2 or 3 actual lay bets when the price filters are applied. I have to say at this point that anyone wishing to use this system would benefit greatly from using an automated bet placement tool such as The Grey Horse Bot. This is in fact how I ran the trial. I would simply enter the selections into the GHB each morning (with the maximum price filters), start the bot and then check to see how it had performed at the end of the day. Very easy!

You can get the Grey Horse Bot here:

http://www.cash-master.com/greyhorsebot.php

Over the course of the trial, the system managed to turn a profit of just under 18 points, which takes into account the maximum 5% Betfair commission and real exchange lay odds. One annoying thing is that the author and publisher quote their past results to SP and don’t take commission into account, thus overinflating the system performance. This is a very cynical tactic used by a lot of system sellers, but in this case the system still managed a decent profit using REAL conditions.

I have to say that overall I was impressed with the way this system performed. I did have strong doubts initially (mainly due to the suspect reporting of past results), but a profit of almost 18 points in 2 months isn’t bad at all, especially when one considers the amount of time investment required to operate it.

I would therefore give this system a “thumbs up”, as it certainly has the potential to become a worthwile addition to anyones betting portfolio. I will certainly be keeping a close eye on this one myself over the coming months, especially as the Jumps season comes into effect.

You can get Stat Attack here:

http://www.cash-master.com/statattack.php

30/9/08

No matched bets today. This was the final day of the trial, and the next post will summarise my experiences of using the system.

Current bank: £1175.70

P/L: £175.70

29/9/08

16:20 BRIGHTON Locum (6.40) lost, £9.50

Current bank: £1175.70

P/L: £175.70

26/9/08

15:55 ASCOT Crystal Capella (3.40) WON, -£24.00

16:10 SOUTHWELL Paktolos (6.40) lost, £9.50

Day’s P/L: -£14.50

Current bank: £1166.20

P/L: £166.20

25/9/08

15:20 PERTH Fairoak Lad (2.40) lost, £9.50

16:00 PONTEFRACT Hotham (7.00) lost, £9.50

16:20 PERTH Sculastic (7.00) lost, £9.50

Day’s P/L: £28.50

Current bank: £1180.70

P/L: £180.70

22/9/08

14:40 HAMILTON Almost Married (3.25) lost, £9.50

15:10 HAMILTON Prescription (1.75) WON -£7.50

Day’s P/L: £2.00

Current bank: £1152.50

P/L: £152.50

(Was unable to check for selections on Tuesday/Wednesday, but resuming again today)

For the past 6 weeks I have been looking at yet another laying system - Winners To Losers.

The system comes as a protected e-Book that runs to 25 pages.  The system is fully explained, is illustrated throughout by screenshots from a typical days racing, and shows a summary of results going back to 2005. The book is free from the usual fluff that pads out so many e-Books these days.

The system conditions are remarkably easy to follow (there are only 7 rules to check) so finding out the day’s selections takes no more than 5-10 minutes. Best of all, selections can be determined without reference to the live markets, so it is possible to do the selections the night before - an absolute boon for people who have to go to work during the day.

The accompanying web site lists all of the selections going back a number of years - and it is good to see that the selections shown are exactly the same as I determined by using the rules detailed in the e-Book. Typically you can expect about 30 selections per month. The strike rate is about 90% and the average odds around 6.5 (about 7.5 during my short trial).

The staking section in the e-Book is comprehensive. Various staking strategies are detailed along with the pros and cons of each. A bank of 50 points is recommended, although it would be possible to get away with something slightly less. During the test, I used the Bank method (basically a lay liability set to a % of the initial bank) which has been shown to produce an excellent return over the past 3 years. I also kept a record of results at level stakes.

Using an initial bank of £500 and an initial lay liability of £50 (incidently, this is less than the recommended value in the e-Book), the system turned out a reasonable profit of £65.81, despite suffering a loss on the very last selection in the trial period.  At level stakes, the system returned a healthy £106.50.

Email support is provided and queries are answered very quickly and professionally.

Whilst it is always difficult to judge a system over a relatively short period of time, I am confident that the Winners To Losers system will offer a decent return over the long-term, and it is especially good to see a laying system return a profit to level stakes.

Overall, a simple but effective system that should provide an excellent addition to your lay betting portfolio.

19/9/08

15:30 AYR Parisian Pyramid (5.00) lost, £9.50

Day’s P/L: £9.50

Current bank: £1150.50

P/L: £150.50