Back Lay Betting System

Back a horse at 4.0 and then Lay it later at 3.0 for a no risk bet or guaranteed profit regardless of the outcome! Betting exchange trading will be covered in detail in a future betting article. With this staking plan, you know what your largest stake is going to be before you start.The best way to understand the lay 1-4 staking plan is by working through an example. We will use a start bank of £100 and one unit will be £1. The first bet is always one unit so the first stake is £1. Like with all examples, the bet loses.

We all know that the only way to profit long-term from betting is to find enough value. With so many traders laying the draw these days, the value is often pushed onto the other side of the book and we have started to exploit that by backing the draw instead.

Developing betting systems is a soul destroying process. We've spent hundreds of hours over many years trying to find a profitable system for backing the draw and they almost all failed. Each time we hit a wall we would learn what we could, brush ourselves off and open a blank spreadsheet to start over.
Pure 'set-and-forget' betting systems are especially difficult to develop. You can't improve the risk/reward by waiting in-play, you can't check in-play stats before putting your money at risk and you can't lock in profits to avoid losses caused by late goals.
It goes without saying that everybody on the planet wants to make money for no effort and what we have built here is a system which finds suitable qualifiers for backing the draw as straight bets. There's no trading required, just place the bets and get on with your life.
How profitable is it? Well, our back the draw system banked an average profit of 19.94 points per month from August 2019 to January 2020. If you use £100 stakes, that works out at £1,994 profit per month on average for very little effort indeed.
Here are the latest results:

So that's all good news, but of course there's always a downside. With value betting, it's essential to back each qualifier at the highest price possible. If there are too many people fighting over the same bets, prices drop and everyone ends up with less profit.
Having put so much time and effort into developing this system, we're not prepared to let that happen! We're excited about the potential for our system and we're going to make sure that we profit from it ourselves.
Therefore, we are only prepared to share qualifiers with a very limited number of members.

At this time, we are not able to accept new members. Whether it's the effect of playing in empty stadiums or not, results have not been as good as before the pandemic so we have taken the decision not to accept any new members until things get back to normal.

If you are interested in receiving access to Back the Draw qualifying bets in the future, please join our waiting list and we will let you know as soon as space becomes available.

We will not use your email address for anything else.

How To Use The Betting Exchange Place Markets To Your Advantage…

Introduction

In article one, I introduced you to the Betting Exchange concept and explained the basics of LAY Betting (Lay to Lose). Now in this article, I'm going to introduce you to another unique and powerful feature of the betting exchanges, the Place Markets.

What Are Betting Exchange Place Markets?

Place markets are as the name suggests, markets which allow you to bet on a selection to be 'placed'. Eg. a horse to finish 1st, 2nd or 3rd in a 8 runner or larger field (Handicaps over 16 runners offering 4 places).

Now, the first and most important thing to highlight here is that these place markets are completely different to the well known Each Way (EW) betting markets offered by traditional bookmakers. The Each Way bet is in fact 2 bets of equal stakes. The 1st stake is on the selection to win and the 2nd is on it to be placed. So a £10 EW bet will cost you £20 in total.

A £10 place bet on a Betting Exchange is a single bet and therefore will only cost you £10. If your selection finishes in a place, you collect your winnings and smile.

Think about it for a minute. How many times have you been certain that a horse will be placed, but you have not been confident that it will win...

Traditional Each Way Betting

Take the following example. A horse named 'Im gonna be placed' that is available to back with traditional bookmakers at 4/1 (5.0). Your very confident that it will finish in the top 3 in a 10 runner field.

Back Lay Betting System Free

With a traditional bookmaker, your options are:

1. Take a chance on it winning and place a win single on it. E.g. £10 at 4/1
2. Place an EW bet on it. E.g. £10 EW at 4/1 (5.0). Total stakes £20. The bookies will pay you 1/5 odds on the place element of this E/W bet based on their standard EW rules. On our horse which is available to back at 5.0 this equates to 1.8

Now, the only time the above race will be profitable for you is if the horse actually wins. In both cases you would make a very nice profit if it did. For option 1 you would win £40 profit and for option 2, £48 profit.

BUT, if as you suspected the horse only finishes placed in 2nd or 3rd, you actually lose money in both cases. With option 1 you obviously lose all your stake money so are down £10. With option 2, you win £8 on the Place side of the EW bet but still lose £2 overall as the win part of the bet was a losing one.

Back Lay Betting System Chart

Enter The Betting Exchange Place Markets

Using the above example and depending upon the prices of the other horses in the race, you would probably see the Betting Exchanges offering odds of around 1.60 - 2.00 (evens) on this horse being placed. You can therefore put your £10 PLACE bet on at say 1.8 and collect £8 profit (minus commission) as long as the horse finishes 1st, 2nd or 3rd. Only if the horse finishes outside of the top 3 do you lose your £10 stake. I'm sure this has got you thinking and you can probably see the power in this straight away!

When combined with a good staking plan and a sensible selection process, it can be common to have very long winning streaks when backing horses to be placed on the betting exchanges. These longer winning streaks more than make up for the relatively short prices that are offered on selections to be placed.

Place Market Important Notes

A few important things to note about place markets:

1. Unlike the betting exchange win markets, Place markets DO NOT go 'In-Running' when the race starts but this is true of the traditional E/W bets offered by bookies as well.
2. If a race is planned as a 8 runner or more event but a number of horses become non-runners leaving less than 8 runners, the betting exchanges still offer odds on 3 places. This is different to bookmakers who in such cases adjust their odds on the place payment from 1/5 to 1/4 of the win odds BUT they only pay out on 2 places. If a 5,6 or 7 runner field is shortened to less than 5 runners, the betting exchanges will still offer place markets and payout if the horse finishes 1st or 2nd.
3. You can make up the equivalent of an E/W bet on the betting exchanges by placing a bet on the win market and a separate bet on the place market. Depending upon the type of race and the form of the market, you will often find that this offers more value in terms of odds than an E/W bet with a bookmaker.

Backing Or Laying On The Place Markets

As explained in article 1, the ability to Lay a selection is perhaps the most important feature of the betting exchanges. You now have the ability to Lay selections to be placed. In other words, if you have a valid reason to believe that a selection will not even finish in a place, Lay it to Lose on a betting exchange. The real beauty of laying on the place markets, is the odds are always much lower than the outright win odds so your lay liabilities are much lower.

Trading On The Place Markets

As the place market prices are much lower than the outright win market prices, they also offer a great place to learn the skill of TRADING without much risk to your balance! Betting Exchange trading is simply the process of betting on price movements for guaranteed profits. E.g. Back a horse at 4.0 and then Lay it later at 3.0 for a no risk bet or guaranteed profit regardless of the outcome!

Betting exchange trading will be covered in detail in a future betting article.

Summary

Place markets should be used as part of your betting armory. They offer you the chance to make money frequently with long winning streaks being very common. This helps to build your confidence as well as your betting bank!

Bookie Each Way bets are not always poor bets but in the vast majority of races, the odds are stacked firmly in the favour of the bookmakers. They simply love punters taking EW bets on these races as they know its their bread and butter. A small proportion of races where the market is formed in a certain way do offer the punter very good value but that's for a different day...

Well that's it for part 2 of my betting exchange articles. If you don't already have a betting exchange account, please open one right now. It will only take you five minutes and you'll soon be thinking 'How did I ever bet without using an exchange'?

In part 3, I will be explaining the Betting Exchange In-Running markets and how you can benefit from them.

Author: Martin Bailey

Visit www.the-secret-system.com for more free betting and gambling related information by Martin.