Laying Fav in running
Does anyone have experience laying favs in running?
How hard would it be to lay a fave between $2-$2.50? I know that if they blow the start the price would move out, but how often does the price fall bellow the levels mentioned with people still wanting to take a lay bet on them? |
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A word of warning. Don't lay them if they lead. I never lay favs in running but I do back them - much safer. I have a mate who backs favs who miss the start or get back especially if the stats indicate that the on pace runners are not favoured at the course/ distance. One trick that works quite often is to lay a fav pre race that you know gets back and back it at a (usually) better price when they do. You can let it ride or green up. |
With out exposing to much of what i have in mind my aim is to lay at around $2.00 -$2.50 with a back bet already secured, basically a trading situation so i don't care if they win or lose just wondering how hard it would be to get the money on at that price.
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It depends on their price before the run and also where they settle in running. Sometimes I can get a better price in running when the fav has settled in a winning position than the tote price showing on the screen. I have no idea why. On other occasions a well positioned fav will trade really short.
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Another angle is to lay the Fav at 20% less than its starting price,
in-running . Then set a Back bet up to go on once price blows out by 20% of its starting price , in-running, once Lay bet has been matched. Once both are matched , one has the option to let it ride, so that we make a profit if it wins & break even if it loses. OR Hedge the matched bets for an equal profit whether it wins or losses. Best to use 1400m+ races. This gives us more time to set the bets. |
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