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We initially thought of 'Layplacer' a number of years ago after noticing when horses come to the final furlongs of a race the odds on the Betfair market fluctuate amazingly.

Usually in the final stages of a race a number of horses go under the odds of 2.0.

So lets say the leading horse's odds have come down to 1.6 and the second place horse is catching up and that horses odds have come down to 1.8.

So if you put a lay bet on both horses of lets say £10, you would lose £6 on the first place horse if that horse went on to win, however you will win £10 on the second place horse meaning you will obviously be £4 in profit on the race.

If the second place horse goes on to win you will lose £8 but win £10 on the first horse.

We also noticed that this can happen with 3,4 or even 5 horses and the odds for all the horses only have to drop accordingly.

2 Horses Odds have to go under 2.0

3 Horses Odds have to go under 3.0

4 Horses Odds have to go under 4.0

5 Horses Odds have to go under 5.0,  I am sure you can see the pattern.

 

How often does this happen in a race?

 

Well this happens in most races, just check out betfair.com and you will see for yourself.

 

The problem with doing this through the Betfair platform is that you simply cannot get the lay bets on quick enough.

 

With 'Layplacer' as soon it identifies the possible 'Lay bet' it will fire the 'Lay bet' automatically.

 You will need the following to use betfairlay

  • A betfair account.
  • A recommended minimum bank size of £50.
  • Java (JRE) 6 or higher.

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