Tag Archives: Winning Streak

Laying Horses for a profit?

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 😁

NAPS Betting

What is a NAP? apart from a short sleep a Racing Nap is a tipsters best bet of the day. Derived from the card game Napoleon in which the best hand is a Napoleon or NAP. Its as simple as that so stop trying to work out the acronym.
The racing Post runs a “NAPS Table” for the racing press who are invited to submit their “best bet” of the day with points being given as the equivalent winnings at S.P. to a level £1.00 stake. For instance if the horse wins at odds of 4/1 then they will be awarded £4.00 and if it loses then a subtraction of £1.00. At the time of writing this Blog the current Leader is Templegate from the Sun newspaper with a positive balance of £46.68 and a losing streak of 4 days.
Everyone has their favourite tipster and you can make up your own mind who to follow if any at all but backing the NAP of a serious tipster means just 1 bet per day. When I say “serious Tipster” I say it with a certain amount of scepticism as I suspect that some journalists in the table are perhaps pinning the racing page up on the wall and chucking a dart at it and submitting the horse closest to the hole it made. I refer in particular to the lower end of the table where some 66/1 outsiders are being tipped! surely these cannot be their best bets of the day.
I am not an advocate of staking plans but in this case I will follow the Sporting Life Nap using the 10% method of staking just to make it interesting.
I started on July 12 (Monday) and as luck would have it the NAP won at 2.25 and working from an initial bank of £10.00 after day 1 my bank stood at £12.25! None have won yet since and the bank now stands at £8.37 with Pretty Green to run at Nottingham today with 84p riding on it at odds of 4.5 (7/2) and BOG if the price lengthens.
I ill try and update this post on a daily basis but work commitments may dictate otherwise.
Pretty Green lost and focus switched to Saturdays NAP which is Mountain Peak Running at Haydock and with my bank running at £7.53, 75p goes on the selection at odds of 3.5 (5/2)
5th Place is all it could manage which brings a losing streak of 5. Sundays NAP is Moneykenny and I am just waiting until 9am to ensure I get BOG