QUIT my 600 a week take home job on the spur of the moment cant be arsed any more now laying horses too lose on betfair full time bets placed in morning winnings banked in evening been doing it for years while on road now im at home taking dog out sunbathing stuff it all the ■■■■■■■■ cpc all the hours more too life than that so vacancy class 
1 in tilbury if anyone wants it
Well done. Good luck.
Its enough, just so you know
Occasionally we all burn out and storm off in a huff, needing a break. If it happened at the office then that person would be requiring a ‘holiday’, counselling or other psychiatric support. But drivers don’t need that sort of thing do they?!
Everyone needs a break every now and again, a few weeks off here and there and that sort of thing but as is the case, agencies don’t care and employers only do it grudgingly. However, if you’re constantly stressed at work then the holiday might not be a holiday at all.
Then the meds a psych doc might put you on would make it incompatible for you to drive because he couldn’t be [zb] to check the side effects to go with the meds he’s given you…
Then again, if we were paid enough that we could work 9 months in 12 then have a break you lot would still be on here moaning you weren’t paid enough and the January quiet time was quiet and all sorts of other stuff… [zb] it all.
topmixer11:
QUIT my 600 a week take home job on the spur of the moment cant be arsed any more now laying horses too lose on betfair full time bets placed in morning winnings banked in evening been doing it for years while on road now im at home taking dog out sunbathing stuff it all the [zb] cpc all the hours more too life than that so vacancy class
Good for you.
Im on the agency and Ive had enuff as well. 
How does a complete novice ( like me ) learn how to lay horses on betfair ?
I used to do the whole betfair thing but to lay a horse and get a good amount back in return you have to deposit and bet £300+ and if that horse wins its a big lose out if your pocket. Very risky I thought
James Bateman2:
topmixer11:
QUIT my 600 a week take home job on the spur of the moment cant be arsed any more now laying horses too lose on betfair full time bets placed in morning winnings banked in evening been doing it for years while on road now im at home taking dog out sunbathing stuff it all the [zb] cpc all the hours more too life than that so vacancy classGood for you.
Im on the agency and Ive had enuff as well.
How does a complete novice ( like me ) learn how to lay horses on betfair ?
firstly complete the betfair “bcpc”
then be over 25, have 2 years experience… 
complete NOVICES must be carefull i have been betting years and have only just got the secure formula too laying short price favs this months total profit too 50 Stakes is currently 2000 with four more selections today not risky at all with good staking plan put it this way how many times have you backed a fav and its let you down i have four portfolios that i use each one has good and bad days but all make me around 3500 a month , hence me now going full time from home . this morning i have layed all my bets and now have the pleasure of walking the lurcher in the glorious summer sun shine 
no more m25 ever again im 48 and wanna stay that way 
cleared out my truck last night its been used by agency drivers christ what a mess also i have digital pure radio for sale designed for trucks etc
Ok so how many lays do you put on in 1 race ? I once heard that if you lay the favourite you have a good chance but this surely is risky ? Very curious as I kind of understand it all I won £200 a few years back by this method but don’t know it that was luck or even the right horses to lay ? Isn’t it that 4-5 in 6 favourites lose or something like that ? So you lay the favourite in every race ?
How much money do you put on the horse ? Haven’t you got to keep it low in case the horse win ?
One day you wake up & say.“I don’t want to do this anymore.” …& its all over!
If we could earn a decent wage over 9 months how many R soles would be knocking on the agencies door wanting 3 months work?The working man can be his own worst enemy,I am nearly 60 years young and have seen the same thing over and over.
^^^^+1
keebs26uk:
Ok so how many lays do you put on in 1 race ? I once heard that if you lay the favourite you have a good chance but this surely is risky ? Very curious as I kind of understand it all I won £200 a few years back by this method but don’t know it that was luck or even the right horses to lay ? Isn’t it that 4-5 in 6 favourites lose or something like that ? So you lay the favourite in every race ?
How much money do you put on the horse ? Haven’t you got to keep it low in case the horse win ?
just been nosing on here cos i see transam last night and noticed your reply ok some days may be 3 lays acroos the whole day somedays none only 1 horse in a race if it meets my strict criteria had 4 lays yesterday made me 200 day before lost 20 today made 150 its up down up down but with right staking plan and discipline ■■■■ easy too lay at 50 a time a bank of 2500 is needed too start im loving it and have lost over a stone just walking the dog and eatin properly
@topmixer11, just thought I’d let you know the sat-nav I bought off you a couple of years ago is still going strong 
although I just use it as a spare at the moment.
Good luck with your new venture, never been in to the gee gee’s meself, so I don’t really understand your system, but I hope you keep in profit.
Regards
Dave Penn;
The only good thing to do with horses is to put
a bit of mustard on it just before you eat it .
Ill get my hat
quirky
If you lay horses, you’ll either be laying favorites, and go broke slowly, because you can’t beat the overhead
OR…
You’ll do that mug thing that Asians like to do, and lay 1000-1 shots, eventually getting clobbered for a payout of tens of thousands over a potential profit of a measly few quid.
Reminds me of the time a school fete had a side-game at £5 a throw “Win a £20,000 car if you throw 5 sixes”. Mathematically, you’ve set the odds way in your favour, but in practice, someone threw 5 sixes after only half an hour after the stall opened.
School defaulted, and the hapless punter got £1275 consolation prize, which was the takings at that moment.
In a proper market, if you lose, you DON’T get to default. You pay out to the maximum of your entire standing wealth at that point, house liquidated if need be.
The moral here is “A grand money making scheme makes small slivers of cash (scalps) on something where the odds are 1000-1 against you losing”
Trouble is, this income is so small, you only need one single “black swan” to stick you in the crapper.
Investment banks and Casinos can get away with exploiting “odds against the punter” and “occurances of black swans” because they have such huge cash reserves, that even paying out a few “lucky punters” won’t leave them broke. Bookmakers occasionally have “bad years”, but it’s because too many favorites won, rather than too many longshots that punters had unusually backed heavily in a clandestine manner (betting coup)
The only useful information in the world of “laying losers on betfair” is to know which favorites have a higher than usual chance of losing, which of course means having inside information - tantamount to cheating.
Either you’ll eventually get caught cheating then, or you’ll get a black swan and go bust.
Even a seasoned gambler like me has no interest in anything like that, and I closed my betfair account in 2004. There just isn’t enough liquidity in the markets you want to make it pay one way or the other. (In the early days, there was, but there were more idiots to exploit in the early days that would lay me 200-1 over a 33-1 shot, which I used to fill my boots with!) Once the idiots went broke and left, you only had people laying 200-1 over 300-1 shots which of course is no good. 
Winseer:
If you lay horses, you’ll either be laying favorites, and go broke slowly, because you can’t beat the overheadOR…
You’ll do that mug thing that Asians like to do, and lay 1000-1 shots, eventually getting clobbered for a payout of tens of thousands over a potential profit of a measly few quid.
Reminds me of the time a school fete had a side-game at £5 a throw “Win a £20,000 car if you throw 5 sixes”. Mathematically, you’ve set the odds way in your favour, but in practice, someone threw 5 sixes after only half an hour after the stall opened.
School defaulted, and the hapless punter got £1275 consolation prize, which was the takings at that moment.
In a proper market, if you lose, you DON’T get to default. You pay out to the maximum of your entire standing wealth at that point, house liquidated if need be.
The moral here is “A grand money making scheme makes small slivers of cash (scalps) on something where the odds are 1000-1 against you losing”
Trouble is, this income is so small, you only need one single “black swan” to stick you in the crapper.Investment banks and Casinos can get away with exploiting “odds against the punter” and “occurances of black swans” because they have such huge cash reserves, that even paying out a few “lucky punters” won’t leave them broke. Bookmakers occasionally have “bad years”, but it’s because too many favorites won, rather than too many longshots that punters had unusually backed heavily in a clandestine manner (betting coup)
The only useful information in the world of “laying losers on betfair” is to know which favorites have a higher than usual chance of losing, which of course means having inside information - tantamount to cheating.
Either you’ll eventually get caught cheating then, or you’ll get a black swan and go bust.
Even a seasoned gambler like me has no interest in anything like that, and I closed my betfair account in 2004. There just isn’t enough liquidity in the markets you want to make it pay one way or the other. (In the early days, there was, but there were more idiots to exploit in the early days that would lay me 200-1 over a 33-1 shot, which I used to fill my boots with!) Once the idiots went broke and left, you only had people laying 200-1 over 300-1 shots which of course is no good.
Promoters of those ‘throw five sixes’ games and similar SHOULD take out insurance to enable them to award the prize if won: if they don’t then technically what they are doing is possibly illegal.
I remember a charity golf tournament for coach company bosses, where if you got a hole in 1 you won a brand new coach.
Taking part in the tournament was a very worried insurance broker…he was underwriting the prize and only relaxed once everyone was back in the club house. He’d charged a premium of thousands, had laid off some of the risk but still stood to lose a lot if someone had holed in one.
The whole business of “laying” is similar to “insurance underwriting” where your liability is often many times what you hope to receive as profit, or even revenues. It’s not something anyone should go into lightly that’s for sure!
I think financial discipline along with mathematical knowhow are important, but so too is a good healthy dose of what I call “law of averages luck” when you can flip a coin 100 times, and get 49/51 47/53/ and 45/55 is considered an extreme result! Someone with my kind of luck who’ll get down in the 20-30 range just would not be able to make anything involving “risk” work! (I’ll cop out with the “Knowing my luck…” argument essentially!) 
For people like me, there’s the arbitrage option, but this involves starting at a screen for hours a day, with maybe one setup in 3 weeks that wins you a few hundred quid (from the cashbase to play with that you have) and when it came down to it, driving a wagon earns me more money, quicker, and without the downside of “maybe it won’t work out this week”. When I was doing the arbitrage game, I used to set up a “lay all horses in play at 1.71” which would mean that every time there was a close finish, you’d often find yourself laying maybe 2 or 3 horses which of course is what is required to make a “prize every time” out of such a trade. This trade too fell away when the damned things never got filled, except for the horse that eventually won of course! Small losses compared to laying rags, but if the small losses go on and on, you can safely say that the system no longer worked.
Other interesting laying opportunities included the “lay all horses in play at 1.01” which meant in practice you laid the winner for £2/£200, and you hoped it then either got called wrong, or turned over in a stewards enquiry. A dead heat also made this kind of bet profitable. Trouble was again, you needed to get a fill in more than one place to get your profit, and in less liquid markets this just didn’t happen often enough (more than 1 in 95 occasions to break even) to make it something you’d consider doing for a career. If you threw away your £2 on say, 150 occasions for each time you got that second lay on (making a profit of £186 when you did) you are still going to be losing £300 for every £186 made, which is a recipie for disaster - all down to an illiquid market again.
Nowdays, I don’t lay any more, I just back horses with teen prices paying in the 30+ range on the tote by looking for where there’s value to be had at tote odds. Check your daily racing results to see how many times that horses like 14-1 and upwards pay significantly higher on the tote…
Those establishments that accept bets at tote odds usually have an upper limit of “4 times SP” which means that in doubles your payout can be upto 16 times as good, and in trebles 64 times as good as the same bet done at board prices/SP. 
I don’t win very often, but I don’t need to spend much money. (regular bookmaker taking tote bets, rather than an exchange) Thus, I have reduced to nil the chances of a “bankroll stripping” result whilst at the same time having a small chance of a real nice payout, right upto the maximum given enough results up in my “perm”.
fren11 I presume!
i will give him 6 months
then he will bored and ■■■■■■ off with betting on horses
before going to a driving agency
and working for far less than before