I have been meaning to do a Layer of Profit Review for some time as I had heard good things about the service.
First off, it is about lay bets only, which must be done on a betting exchange like Betfair. The lays are all favourites, but you will only receive one a day via email, so don’t expect your betting bank to grow quickly.
They have a cut-off of 4.0 on all bets, so if the odds are above that then you void the bet, do not change the rules! The one thing that worried me was they advice to carry the bet in-running if the odds are above 4.0 before the off, as this can add a lot more volatility, however it seems to work well enough over the long term.
They list the results on the site so you can check yourself if they are valid once you have signed up for the service, but my selections via email matched those on the site.
As normal with laying though, you will get the odd day when you may void a bet yet another subscriber gets the bet on, that is the way with laying, but with only 1 selection a day that shouldn’t happen often.
They do seem to have much better profits during the flat season for one reason or another, which is a surprise to me as it is far easier profiting from laying over the jumps for me as form is more reliable, even with our wonderful weather system!
An email with the selection on should arrive in your inbox before midday, so if you work you will be able to place a bet at lunchtime. Betfair allows you to keep a bet you place in-running if it is not taken prior to the off so you don’t have to sit watching the market.
You should manage an 83% SR over the long term with these selections, and over the time I tested them, around 100 selections, I finished in profit around 7 points after commission. Reviews on other trusted sites also show good profits.
The only downside to 1 selection a day is that if you have 2-3 losing bets in a row or quick succession, it may a few weeks to make that back, but overall this service seems to be able to cope and produce profits each year. Remember that you will have 2-3 losing months a year with most laying systems/methods.
If you want slow but steady profits then this is probably for you, if you want loads of selections a day then probably not.