Cookie Policy: This web site uses cookies. By using this site you agree to our cookie policy.
Disclaimer: By posting on this web site it is accepted that you have agreed to the T&C. This is an information forum, and it is just that information, all views are of the individual poster and not that of the site owner. Please DO NOT publish copyrighted material without the owners permission. If you copy news or articles include a link back to the original site. Threads/Posts may be deleted on request. No other links without permission.
BEFORE POSTING A QUESTION: Your question has probably been asked before, so please use the
SEARCH FUNCTION, as we grow tired of answering the same question again and again.
Results 1 to 8 of 8

Thread: Reducing the overlay

  1. #1

    Join Date
    Oct 2011
    Posts
    33
    Rep Power
    0

    Reducing the overlay

    For the lay systems I use I have to take the overlay to an average of 10-12%. But at the moment I am far above that mark. Are there some tips to keep the overlay down? A good time for placing the lays?



  2. #2

    Join Date
    Feb 2002
    Location
    N Wales
    Posts
    50,310
    Rep Power
    275
    It's nothing to do with time of placing the bet, as in 2 mins before the off for every race, it's a case of watching the market and deciding which way your selection is likely to move. This is basically what you do when trading, and it can take months of experience monitoring every race before you get the hang of it. For newbies just put the bets on whenever, it does not matter, learn how to profit first before looking for tweaks to maximise profit

    FREE Live Odds Comparison Software

    Keith Driscoll - Administrator
    Managing Director, Win2Win Limited



    Filipino UK Filipino Forum | Win2Win Racing - Free Tips


  3. #3

    Join Date
    Oct 2011
    Posts
    33
    Rep Power
    0
    But hopefully the overbet is not that high that there is no profit in the end.

    I calculated the following so far:


    AW Fillies (lay system):

    overall ISP: 4,87
    overall personally: 5,62
    overbet: 15,40%

    winner ISP: 3,67
    winner personally: 3,97
    overbet: 8,17%


    Flat Lay'em:

    overall ISP: 5,78
    overall personally: 6,45
    overbet: 11,59%

    winner ISP: 5,19
    winner personally: 5,96
    overbet: 14,84%



  4. #4

    Join Date
    Feb 2002
    Location
    N Wales
    Posts
    50,310
    Rep Power
    275
    Are you taking odds or BSP? 15% is fine anyway, you'd find it difficult to get over 20% unless you're totally , and you won't get it below 10% due to the average price being high.

    FREE Live Odds Comparison Software

    Keith Driscoll - Administrator
    Managing Director, Win2Win Limited



    Filipino UK Filipino Forum | Win2Win Racing - Free Tips


  5. #5

    Join Date
    Oct 2011
    Posts
    33
    Rep Power
    0
    I take the odds on Betfair about 5 - 0 minute(s) before the off.

    If I want to take the BSP I have to lay to a certain liability, right?

    I thought about laying to a certain liability but then the overbet influences the 84/88% of the bets (the losers that make the money) instead of 16/12% which are the winners, right?



  6. #6

    Join Date
    Feb 2002
    Location
    N Wales
    Posts
    50,310
    Rep Power
    275
    Laying to a fixed stake or liability over the long term doesn't effect profits that much, you just choose which way is the easiest for you. As I say, you should only worry about the overbet further down the line when stakes are much higher and that 0.1% makes a realistic difference

    FREE Live Odds Comparison Software

    Keith Driscoll - Administrator
    Managing Director, Win2Win Limited



    Filipino UK Filipino Forum | Win2Win Racing - Free Tips


  7. #7

    Join Date
    Oct 2011
    Posts
    33
    Rep Power
    0
    If I wanted to lay to BSP with liability what would be the right percentage for the stakes?

    Do you know if the racingpost forecast odds are really close to the ISP? Then those can give me a good idea of when to place my bet.



  8. #8

    Join Date
    Feb 2002
    Location
    N Wales
    Posts
    50,310
    Rep Power
    275
    To work out liabialty multiply your normal stake by 11

    RP F/c odds are pretty accurate, especially the night before. If you can check odds on the day of racing use odds comparison, such as my new software Odds Comparison Software

    FREE Live Odds Comparison Software

    Keith Driscoll - Administrator
    Managing Director, Win2Win Limited



    Filipino UK Filipino Forum | Win2Win Racing - Free Tips


Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Similar Threads

  1. overlay
    By tophatter in forum Horse Racing Discussion, Daily Waffle, Q&A
    Replies: 4
    Last Post: 5th June 2008, 09:28

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
Free Tips | Betting Advice | UK Horse Racing Tips | Free Bets | Staking Advice | Horse Racing Systems | Horse Racing Lays | Laying System | UK Horse Racing Tips | lay betting