Win when they lose…
On the face of it, you could be forgiven for thinking that picking horses that lose is as easy as falling off a log…. I mean, we’ve all backed plenty of losers haven’t we? But anyone who has tried to profit from laying horses to lose knows to their disappointment that it is no walk in the park.
However, the fact remains that picking winners is very much an inaccurate science, and as a strategy betting against horses at the very least gives you the opportunity to be ‘right’ more times than you are ‘wrong’.
Betfair was launched in June of 2000 and it is now the largest betting firm in the UK, and the most successful betting exchange in the world. The company claims to have more than three million clients.
So having been part of the betting scene for more than a decade, the betting exchanges are no longer a brand new concept. But I can remember back to when Betfair first arrived. I thought they were offering nothing short of a heaven sent opportunity to make money!
I mean, who couldn’t make a profit by betting that a horse would lose? And the bookmakers had been coining it in for years. Now the general public had the chance to be the bookmaker.
Ten years on and I know that making a profit from laying horses takes just as much effort, skill, and study as it does backing horses to win.
The principles of finding value still apply when betting against horses. Rather than looking for horses that are under-estimated by the market and priced too high, instead we now look for horses that are over-estimated by the market, and priced too low.
The way I see it, betting against horses is a very appealing strategy because it has many factors that can work in our favour. Here are a few….
- The horse may not run to form: it may not run to the best of it’s ability, or to the level the market expects based upon past performances.
- Other horses are running for us: there can only be one winner of a race, and the rest of the field are running for us.
- The horse may be running on a new surface: certain horses perform better on a particular going, and today may be the first time they have raced on a different surface.
- The horse may be running at a new distance: a horse with winning form over a particular trip, may not perform as well over a longer or shorter distance.
- The horse may be stepping up in class: a winning horse will often step up in class in their next race, where they will compete against stronger opposition.
….And this is by no means an exhaustive list.
I have written a guide to betting against horses, which I have called imaginatively “Win When They Lose”. In the guide I share my thoughts on how I approach the process of finding horses which I consider good value bets to lay to lose.
When you’ve finished reading this guide you will hopefully understand….
- Which races I will tend to focus upon
- Which horses I bet to lose, and sometimes this will even be two or three in a race
- At what prices I like to lay bets
- What horses I bet will not even finish in a place, with very low liabilities
- How I work the odds and percentages in my favour
- The methods used by the Bookmakers
- How to quickly and simply analyse form
- How to take advantage of the betting exchange sites
- How to get FREE bets time and again, with no risk of losing
If you have not explored the option of betting against horses on the exchanges, ultimately my aim with this guide is to show you another strategy you can add successfully to your betting portfolio.
Of course, this method is not an exact science…. we are still relying on our ability to interpret past form, and we cannot be 100% accurate in our judgement. Also, just as horses can under-perform on any given day, they can also improve and run above expectations. But this approach regularly highlights some vulnerable race favourites that are over-hyped and priced inexplicably short.
Will I Make A Lot Of Money From Betting Against Horses?
At this point, I should set some expectations… I am not suggesting it’s any easier to succeed long term at laying horses to lose compared to backing horses to win, and it is unlikely to provide you with a life-changing income. You will still find yourself striking losing bets, and although you will win the majority of the time, remember you will often be paying out more when you lose. But on the other hand, you will find more than your fair share of winning bets with this strategy, and more than a few of these will involve very low liabilities.
Just as with backing to win, if you are diligent in finding the best prices (in other words, the lowest prices) about your selections, I would expect you to see your investment in stakes more than covered by your winnings.
Want to find out more about Betting Against Horses?
My guide Win When They Lose will show you how I personally go about selecting the right horses to bet against on betting exchange sites such as Betfair. You will learn which races to choose, and which horses to choose, sometimes even two or three horses in a race.
I concentrate on very low risk betting, unlike some outrageous systems I have seen elsewhere. You will not get rich quick using my methods, but by the same token ou will not see half your bank disappear in the space of five minutes when an outsider you gave ‘no chance’ scoots up to win.
Click Here To Visit WinWhenTheyLose.com
Related posts:
great read silmilar to what i do reviews on great systems thou id love to review this