Betfair sp ???

[neilb7]

Looking for some advice/opinions

does anyone use Betfair sp for laying ?
i am trying to get into laying but i am really struggling to put bets on during the day, i understand the principal of how to place the bets but wanted to know if anyone has any experience of it ?
i was thinking of doing a fixed liability of say 10%my bank.
ie £200 liabilty £20 and set max odds at 10.5

is fixed liability more risky ?

any advice always welcome:thumbs

[mathare]

Betfair SP is equivalent to something like an 18-20% overlay, which is huge quite frankly.

You'd probably do better just leaving orders whenever you can

[lowe1]

Neil

I do the CDLays system i do 2% of bank and never lay on a qualifier that is above 10.0 , dont do a fixed liability of my bank as such.

As im working during the day i put all lays on at dinner so take whatever price they are then , there is bound to be some that were 10.0 when i placed lays but then come down before the race but thats just life you win some you miss some:doh

[neilb7]

Thanks Guys :thumbs

[mathare]

As for fixed stake v fixed liability - depends on the system really. But if you're worried about your overlay (as most newbies should be) then with a large overlay fixed stake means you lose more on the winners when they come but win the same on the losing horses whereas with fixed liability a large overlay means smaller winnings when the horses lose but the same losses when they win. Assume an SR of 80% (for ease) and you've got four times as many winning bets (losing horses) as losing bets so fixed stake means your overlay is only important on 20% of the bets while with fixed liability it matters on 80% of the bets.

[neilb7]

As for fixed stake v fixed liability - depends on the system really. But if you're worried about your overlay (as most newbies should be) then with a large overlay fixed stake means you lose more on the winners when they come but win the same on the losing horses whereas with fixed liability a large overlay means smaller winnings when the horses lose but the same losses when they win. Assume an SR of 80% (for ease) and you've got four times as many winning bets (losing horses) as losing bets so fixed stake means your overlay is only important on 20% of the bets while with fixed liability it matters on 80% of the bets.

Thanks Mathare,
i was looking at the NHPM and the flat layem, i read one of your posts before where i think you said fixed laibilty gave you a better return but had some big dips (i think that was right:doh)

[mathare]

i was looking at the NHPM and the flat layem, i read one of your posts before where i think you said fixed laibilty gave you a better return but had some big dips (i think that was right:doh)I run NHPM to fixed liability and Layem to fixed stake but I have had a few years practice at laying. Fixed stake is easier when you're just starting out

[neilb7]

I run NHPM to fixed liability and Layem to fixed stake but I have had a few years practice at laying. Fixed stake is easier when you're just starting out

Thanks for all the advice:thumbs

[Street cry]

Betfair SP is equivalent to something like an 18-20% overlay, which is huge quite frankly.

You'd probably do better just leaving orders whenever you can

Spot on basically what i would have said

[neilb7]

cheers SC