Horse Laying Profits - How To Select a Tipster?

Posted on April 26, 2008
Filed Under Horse Laying Profits, Tipsters, Horse Laying, Lay Systems |

Let me ask you one question?

If you had been a member of Horse Laying Professionals since 1 Apr 2008 and made 70.57 pts from following my selections, would you be pleased?

You see it is not difficult to make money from horse racing. All you need to do is select your selections provider carefully. All you need to do is go to Racing Index to run a search for a suitable tipster.

Here are the most important points that you should be looking for.

First thing that you need to identify is that the tipster is making a profit.
Then you need to remember that all their results are based on Start Prices not Betfair prices. So you’ll need to add around 5-10% to that price. Racing Index has made it easy for you to check for this. When you set the search parameters you’ll need to set the SP + 5%
The next thing that you want to do is take the Betfair commissions into consideration. When you lay horses, you’ll be winning more times than you’ll be losing which is the opposite of backing. Whenever you win a lay you’ll be paying around 5% commissions. So you’ll also need to ad the 5% commission to the search parameters.
Then you might want to tick or untick “suggested staes” box. This gives you the two results to make a comparison.

Just set the search parameters and click submit, do this with all the lay tipsters and see which ones provide you with a sizeable profit.

The other thing to look out for is that the tipster sends out at least 3-7 selections a day. Please don’t waste your time and money with a tipster with a 95% strike rate who only send you 3 selections a week. You won’t even make enough money to cover the subscription cost.

The last thing you need to take into consideration is the cost of the tipster’s subscription. The average cost is around 50-60 pounds a month. You need to check with the tipster about the size the required betting bank - how many points.

You need to make sure that you can make enough profit to cover the subscription cost as well as make a profit, otherwise you are wasting your good time and money.

Here is what you’ll get if you were to use the same search parameters on Horse Laying Professionals results for April.

After deducting 5% for commissions and adding 5% to the SP, you would have made 61.25pts in the last 25days.

Here is a screenshot of the results in a graph.

Now all you need to do is to check for a few tipsters that will meet your requirements and then select the one that you feel most comfortable with and subscribe to their service.