March 22, 2009

Lay And Win – End of Trial Report

It’s the end of 8 weeks of trialling the Lay and Win system.

Normally I would only trial a system for about 4 weeks, but the weather at the end of January/beginning of February was so poor that I thought it best to continue testing to allow the system to reveal it’s full potential.

The Lay and Win system comes as a neatly presented, 15 page PDF file.  It’s very easy to read and to follow. The instructions are clear and the examples given help clarify the individual rules. The system relies on access to the Racing Post web site, and it is good to see that the eBook uses the new Racing Post web site for it’s illustrations. Once logged in to the web site, you can determine your lay of the day within about 5 minutes; there is then a final odds check on Betfair before the lay can be placed.

Staking is suggested as a straight % of the bank, with a 5% stake recommended. The staking does not involve any ratcheting.

I have been in contact with the author of the system during the trial and can confirm that they respond to email queries quicky and effectively.

During the trial there were 20 selections; 19 of the horses lost (a winning bet), whilst one went on to win – a strike rate of 95%! A starting bank of £500 was doubled during the course of the trial, with an end bank of £1014.32 – a profit of £514.32.

Now, I don’t think that I have ever done a trial where I have doubled my money in 8 weeks, so you would expect me to give a big thumbs up to the system. However, I am a bit perplexed by the rules being used, as some of them do not seem logical and others seem to go against the grain of most other systems. This makes me wonder if we have just hit a very lucky streak and got some freak results.

I have checked my results against the official results on the web site – and they are very close (differences can be attributed to either the odds being out of range when I checked on Betfair, or in a small area of ambiguity where I continued to look for a selection if the first selection was out of odds range; whereas the official line from the author is that you should just treat this as a no bet day). This is good news as it suggests that finding a suitable selection is fairly consistent and thus lends some credibility to the past results that are posted on the site. These past results show good and bad streaks, but end up with a healthy profit posted at the end of each year.

So, on the basis that I made a good profit during the trial, and that the past results seem to be an indicator of some level of success, I am going to put aside my concerns over the rules and give the system a qualified thumbs up.

I’ll continue to monitor progress and update the blog periodically with my results.

Filed under Horse Racing Systems,Laying by Alistair Moffatt

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