Prize Lay - What is it ?

This is a system for horse racing in the U.K. and Ireland. It covers all types of racing - Flat,  National Hunt and All Weather and is specifically targeted for betting on horses to LOSE a race. In the racing fraternity this mode of betting is called Laying, as distinct from the normal and traditional  method of Backing. This form of betting is available through betting exchanges. The ultimate aim of the system is to make consistent profits from racing.

         Success Story - Impressive Results

Before you read further, this is a summary of the results of the Prize Lay system since June 2007. These results reflect staking to win £100 on each selection and after deducting 5% commission to the betting exchange. Only five losing months in the last 48. How many systems do you know can better these results ?

  June 2010 - profitable again - 71 selections - 62 winners -  87.3 % strike rate 

   July 2010 - showed another profit - 40 selections - 36 winners - 90% strike rate

  August 2010- not so good but still a profit of £435- 80 selections - 68 winners 

  September 2010 - yet again !! 35 selections, 32 winners - profit £ 1385 

   October 2010 - big disappointment : after a 18 consecutive winners we got 5 losers           in the last week of the month. However, a profit is still a profit - £145

November 2010- an almost perfect month : 27 selections, 26 winners - £ 1891 profit

December 2010 - Fewer meetings and horses made it a very difficult month but at best a small profit of £ 45 

January 2011 - Bad weather affected racing again - only £ 440 profit

February 2011 - Another poor month's racing but still a profit of £ 315

March 2011 - A good month with £ 1295 profit and 25 winning selections out of 27

April 2011 - Yet again ! 37 out of 41 selections successful - 90.24% strike rate

May 2011 - Best month this year - 44 out of 49 selections successful - £ 1680 profit

ALL THE RESULTS BELOW ARE COMPILED ON MANUAL PLACEMENT OF BETS, NOT INVOLVING THE USE OF BOTS WHICH USUALLY, BUT NOT ALWAYS, PRODUCE HIGHER RETURNS.


 Total Bets Win Bets Profit Loss Strike Rate
Jun-2007 82 71 £2,963
86.59%
Jul-2007 69 57 £1,159
82.61%
Aug-2007 59 54 £2,540
91.53%
Sep-2007 89 73 £998
82.02%
Oct-2007 66 59 £2,612
89.39%
Nov-2007 48 37
£970 77.08%
Dec-2007 53 45 £165
84.91%
Jan-2008 25 23 £1,205
92.00%
Feb-2008 39 35 £2,070
89.74%
Mar-2008 78 64 £640
82.05%
Apr-2008 65 77 £1,167
84.42%
May-2008 103 88 £2,150
85.44%
Jun-2008 97 79
£80 81.44%
Jul-2008 116 96 £1,594
82.76%
Aug-2008 110 90 £915
81.82%
Sep-2008 85 75 £2,910
88.24%
Oct-2008 110 96 £2,995
87.27%
Nov-2008 60 54 £3,090
90.00%
Dec-2008 73 60 £1,206
82.19%
Jan-2009 44 38 £1,318
86.36%
Feb-2009 52 43 £925
82.69%
Mar-2009 56 52 £3,060
92.86%
Apr-2009 71 63 £3,065
88.73%
May-2009 109 89 £30
81.65%
Jun-2009 111 92 £1,033
82.88%
Jul-2009 120 98 £205
81.67%
Aug -2009 127 106 £883
83.46%
Sept 2009  88  68       £1355   77.27% 
Oct 2009       72   59 £104    81.94% 
Nov 2009  53  44    £260  83.02% 
Dec 2009  36  32  £1,170    88.89% 
Jan 2010  14  13  £ 815    92.86% 
Feb 2010  25  22     £ 650     88.0% 
Mar 2010  29  22    £975  75.86 %
Apr 2010  35  32  £1520    91.43% 
May 2010  50  47  £ 2875    94.00% 
June 2010  71  62  £ 962    87.32% 
July 2010  40  36  £ 1172    90.00% 
Aug 2010  80  68  £ 435    85.00% 
Sept 2010 35 32 £ 1385
91.43%
Oct 2010  49  41  £ 145    83.67% 
Nov 2010  27  26  £ 1891    96.30% 
Dec 2010  23   19 £ 45    82.61% 
Jan 2011  35  30  £440    85.71% 
Feb 2011  33  29  £315    87.88% 
Mar 2011  27  25  £ 1295    92.59% 
  Apr 2011 41  37  £ 1655    90.24% 
May 2011 49  44  £ 1680    89.8% 
          Average 

Total Bets Win Bets Profit Loss  Strike Rate
Summary 3029 2602 £59.452.39 £3,640.00 85.90%


Profit £55,812.39

                                          Extraordinary System Bonus

The performance of the Prize Lay system is continually monitored and results are analyzed to  improve its already outstanding results.  In September 2009 there was an unusually bad run of results ( the first in 15 months). 

This investigation highlighted that a high level of selections that WON their races were heavily supported in the market and ended up as low priced favourites below the Racing Post tissue price.  This was in contrast to the
Prize Lay criteria which indicates horses least likely to win. We can only assume that in ,these cases, the connections have more confidence in the horse's prospects of winning than are indicated by the Prize Lay criteria or the initial market expectations.

From October 2009 any Prize Lay selections which became low priced favourites in the market were BACKED to win. The success of this change in strategy has been quite remarkable and added substantial additional profits to the Prize Lay system
  
Date  Total Bets Wins Profit  Loss Strike Rate






Oct-2009 14  6 £ 744.00
42.9%
Nov-2009 12  6 £ 1444.00
50.0%
Dec-2009 24 10 £1280.30
41.7%
Jan-2010   5 0
£ 500  0.0%
Feb-2010   7  2 £  100.00
28.6%
Mar-2010  15  7 £ 1,004.20
46.7%
Apr-2010   7  3 £  164.30
42.8%
May-2010 29 10 £1097.75
34.5%
Jun-2010 34 10  £ 412.00
29.4%
July 2010  20  7  £ 708.30    35.00% 
Aug 2010  18  6  £ 528.00    33.33% 
Sept 2010  14  5  £ 420.50    35.71% 
   Oct 2010   17  3    £ 511.50  17.65% 
Nov 2010  12  4  £ 249.50    33.33% 
Dec 2010  10   3    £46.05  30.00% 
Jan 2011  9  1    £467.50 11.11% 
Feb 2011  7  3  £480.60   42.86 %
Mar 2011  13  5  £ 773.40    38.46% 
Apr 2011  15  8  £ 1180.30    53.33% 
May 2011  19  7  £ 839.00    36.84% 

Total Bets  Wins  Profit  Loss  Strike Rate 
Summary  301   106  £ 10,897.75  £1525.05  35.21% 

Net Profit     £9,372.70     
© Bluebell Data & Eddie MCclung 2011