I am sure that the majority of people reading this post will know what laying a horse – or any sporting event is, but there are still people who, through no fault of their own, have yet to discover the minefields of the exchanges. Without going into too much blurb, a betting exchange is where you can be a bookie or a punter. Being a bookie involves you betting that a horse, greyhound, footballer, politician or just about anything else will not win. This is called “laying” the horse, greyhound, footballer, politician or just about anything else. So far So Good. This must be easy to win with, after all who has ever heard of a poor bookmaker! While I was compiling the daily NAPs stats for another post it suddenly struck me as to the amount of losing streaks these tipsters have and how we as punters, constantly looking for ways of beating the bookie, but why shouldn’t we be the bookie. I have, up to the time of writing this blog, only analyzed the overall leading tipster in the NAPs table, this being Templegate from the Sun newspaper and at £1.00 level stakes for the month of July, and with today’s NAP yet to run he is at a loss of £5.42. If we had laid his selections at BSP (Betfair Starting Price) we would be in profit to a tune of £27.16!! We do have to take into consideration, however, that the minimum bet on Betfair is £2.00 and in my case, a 2% commission is taken from the winnings. Having only 7 winners in July so far and 1 NAP left to run we are guaranteed a profit unless Hurricane Ivor goes off at 15.0 and wins!!! His biggest-priced winner was Guru at Ascot on the 24th at 5.5 and cost us £9.10. His biggest priced selection was Chookie Dunedin on the 5th July which started at a BSP of 11.37 and would have been a £20.74 loss should it have won.
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The initial Bet-Or-Not verdict on this one is I will be reserving a £20.00 bank on my Betfair Account to live test this in september when I have looked into which Tipster is most likely to not win 😁
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