How to Profit From Laying a Losing Horse at Betting Exchange

If you are a betting fan and still unaware, you may make profits by betting on a horse which possesses highest odds to lose a race. Professional bettors term it ‘lay betting’. Read below to understand how this reverse way of handicapping appears profitable to you.

Think reverse: If your horse race tips indicate that you won’t profit from odds-on favourite, then you may wish betting on a horse that will not win at the race. It is completely a turn-around, as here you will choose to handicap a worst horse. Accordingly, your prediction will depend on how worst a horse performs and on the statistics and figures. In addition, you may seek a horse that runs badly on certain racetracks and weather conditions. Rather than putting money on the fastest, healthiest, and youngest horse, you will bet on the slowest and oldest horse in the herd.

Analyse the race results: No matter whether you handicap in favour of the winning horse or the laying a losing horse, it is advisable that you study the horse race form beforehand. Find those race forms in race tracks, on-line or in news-stands. The racing forms state past stats and figures that help you to handicap. Since you bet on the losing horse, always remember you need to search for a horse that is slowest of all.

Never wish for any miracle to happen: Along with the tips on horse racing, you have your stakes on a horse that possesses highest odds to lose. Suppose, rather than losing the horse you have chosen you win the race. Following this, you will loose enough money, which in fact you were supposed to win. Odds-on favourites lose a race for finishing first. All these happenings are common. This is why you may never reduce the ability of such horses. You may not even place much trust in the tips you acquire on horse racing. However, many a times, the tips on horse racing are far more accurate. You may rest assured the odds, whether losing odds or winning odds, both reflect the outcome of any horse race.

Profiting from laying a losing horse does not necessarily mean you place your bet on the horse that has sure chances to win. Instead, try to win by betting on a horse, which is forecast to lose. This strategy of betting might not sway you easily. However, it is one better option to invest much money into the betting bank you possess.

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You can use this technique for backing or laying.

Step one - Place your bet by laying the minimum amount at 1.01 odds (for a bet make it 1000)

For example, place a lay bet for £2.00 at 1.01 odds

Step two- Go to the “My Bets” area and modify your bet by increasing the minimum amount by the amount you wish to bet

For example, if you bet £2 just add the amount to your original bet, ie £2.01. This will split your bet into two parts, one for £2 and one for 1p.

Step three - Cancel the £2 bet

Step four - Now adjust the odds of the 1p bet to what you desire.

Betfair treats all of your bets on a first come first served basis. Because of this Betfair will split your bets based on when they were entered. This splitting of bets allows you to effectively bet less than the minimum.