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DAILY TRIXIE WITH BACK TO LAY OR LAY BETS TO PAY FOR IT

T

The Equaliser

Filly
Hi Guys,

I will be posting up a daily Trixie for £4 each day which should be paid for by either a "Back/Lay" or straight "lay" bet. I will generally be posting up a “back/lay” bet if I can find one at the time of posting. Outside of posting times I will often look for either type of bet to recoup my initial £4 Trixie stake should the Trixie bet lose (I will only report on results as pre post time as put on the Forum).

The starting bank is £500 and the maximum outlay/liability for any one day is 4%; i.e. £20 initially. I prefer a 2% liability but that is difficult to achieve should I lay even short priced favourites.

If profits grow then staking/liability will be adjusted at cumulative betting bank intervals of £100 e.g. £600 = £24; £700 = £28 etc. etc. If a big win suddenly occurs I may be reluctant to increase staking/liability so sharply.

I have already been posting up my selections on two other forums so I will kick off with the results thus far and continue from this point.
Original bank £500 less £9.61 Trixie’s and £8.91 other = Balance carried forward £481.48

I do hope that other people will show an interest in this thread.

The Equaliser
 
Welcome aboard T The Equaliser Hope you enjoy your time on the forum.
You say that you hope people show an interest in this thread, I would like to ask what do you hope to get out of the forum?
 
TODAY'S TRIXIE

Not much in the way of class races where I can achieve the odds I like, however I have managed to make my selections in one class 3 race and two class 4 races.

2.55 Market Rasen (5) Blushing Red 5/1, 3.05 Brighton (3) Lightening Charlie 7/2 and 6.20 Hayd ((3) Felix 3/1 = £4 outlay with a potemtial return of £177.00

I haven't got a back to lay bet yet and thinking about it I will prefer to suggest just a "lay" bet on most weekdays as there aren't generally enough higher class races with fancied runners at the longer odds. My bet will be for £4.21 at a max of 2.42 so as to yield £4 if the horse loses or a max of £5.98 should it win. I may choose to select my price in-running on some occasions.

TRIXIE RESULTS

Yesterday produced nothing but luckily my "back to lay" bet got matched in running but unfortunately it didn't win.

Original bank £500 less £9.61 Trixies and other bets -£8.91 = £491.48 carried forward.

Have a good day, I know I will.
 
Hi ArkRoyal,

All my efforts seek to get value in my betting whilst keeping control over my money management. I am hoping that my method of betting will prove to be succesful and that others may see the benefit of risking a small amount of money to get good returns. I do like to chat a little about betting so I am hopeful that discussions will lead to improvement in my profitability. Hope this helps?
 
Which horse are you intending to lay back from the three posted T The Equaliser . I think the problem is that the lay bet is likely to be after timed and so difficult to prove that you got matched with regards running totals
 
Hi Chesham,

Sorry for any confusion, I will not be laying any of the three horses posted up. These are horses that are included for a straight Trixie bet. My "back to lay" bets are horses at greater odds the ideal shortest price being 11.50 because I only need 3 clicks to get matched at 10.0 either before the off or in-running. As mentioned before, on week days I do not often see horses at around these prices that should have a decent chance of winning. Compare this with Saturdays when we quite often see open handicap races when one can often get this type of price for a horse that is in the top 3 of the bettting. I guess you have to trust me if I say, as I did. in relation to yesterday's results that my back to lay bet got matched in running which was Zig Zag Ziggu in the 4.30 at Hamilton. I placed £3 @ 11 and then put in a "lay" bet of £3 @ 9.4. It finished 9th at 10/1 but I got the bet matched and lost nothing i.e I had a free bet.

As also mentioned above during week days I will be looking for a "lay" bet to recover my Trixie stake. I didn't have time to sort one out today but I am fairly confident that I should be able to find one on a daily basis that should fit with the stake of £4.21 @ 2.42 or less. I said above that I may set this price in-running sometimes so, for example if I found a favourite at say 3.75 I could set it up to lay in-running at 2.42. Obviously this means that if the price got matched the horse would be running well and could even win the race. It also means that if the horse bombed out in the early stages of the race the 2.42 price would not get matched.

I think it may be easier to just to post up a "lay" bet, if I can find one, that is already matched when I post up my selections. Once again, I will not lay anything above 2.42. I hope this helps.

By the way, the first two of my Trixie have lost today but I won't be puting £2 on Felix at 4.1 to try and try to get £5.89 which would of course recoup my Trixie stake should it win. This is a perfectly sensible bet and the total risk for the day would be £6 but, it's just not my style.
 
Hi T The Equaliser

Why not just run a P/L for your Trixie Bet and a separate P/L for your Back to Lay

It is somewhat confusing when you are seen to be off setting your Trixie Bet P/L with any profits from your Back to Lay (Likey to be after time)
 
The Equaliser said:
I do keep a seperate tally; see above RESULTS
Click to expand...
‘Original bank £500 less £9.61 Trixies and other bets -£8.91 = £491.48 carried forward.

This is the confusing part.Do you have two £500 Banks

Ie £500 less £9.61 = £490.39
£500 - £8.91 = £491.09

I don’t understand how you get To £491.48 going forward ?
 
The Equaliser said:
I placed £3 @ 11 and then put in a "lay" bet of £3 @ 9.4. It finished 9th at 10/1 but I got the bet matched and lost nothing i.e I had a free bet.
Click to expand...
So you are saying that you need the 10/1 (11.0) shot to WIN in order to get a £3 win?...........I know how I'd feel about that......:(
I think you'd be better off backing £3 at 10/1 and putting in a lay at 5/1 (6.0) for £6 and hoping it goes closes, and gets matched, but doesn't win.
Actually, I guess that's just as bad......if it does win .....but probably more likely that it doesn't.

The Equaliser said:
I think it may be easier to just to post up a "lay" bet, if I can find one, that is already matched when I post up my selections. Once again, I will not lay anything above 2.42. I hope this helps.
Click to expand...
I wonder where you can find those?

Is there not some way you can build your 'lay' around the 1st horse in your Trixie?........ie. If the horse loses you win your £3 - but if it wins - you are set up for a double or three.

NB./ I've lost count on the number of hours I've spent playing around with this sort of thing. Fun, but time better spent looking for a winning horse.
Still, best of luck - will be watching with interest.
 
Last edited:
retriever said:
So you are saying that you need the 10/1 (11.0) shot to WIN in order to get a £3 win?...........I know how I'd feel about that......:(
I think you'd be better off backing £3 at 10/1 and putting in a lay at 5/1 (6.0) for £6 and hoping it goes closes, and gets matched, but doesn't win.
Actually, I guess that's just as bad......if it does win .....but probably more likely that it doesn't.


I wonder where you can find those?

Is there not some way you can build your 'lay' around the 1st horse in your Trixie?........ie. If the horse loses you win your £3 - but if it wins - you are set up for a double or three.

NB./ I've lost count on the number of hours I've spent playing around with this sort of thing. Fun, but time better spent looking for a winning horse.
Still, best of luck - will be watching with interest.
Click to expand...

I get really annoyed with so called "lay" tipping services that put up horses at what I call long odds. I will be looking for horses at short prices to lay. Nothing untoward about this. There are usually plenty of short priced horses in a day's racing; I will sift through them and choose the one I feel is most prone to lose and "lay" it. If I can't find one then I won't do it.

Building a lay bet around my Trixie selections is very problematic. For example Felix was trading at 4.7 tonight; fro me to to trade out of a £2 win bet I would have to have laid it at 2.56. This equates to about 49 clicks on Betfair!
 
ArkRoyal said:
No he is saying he needs its odds to shorten to 9.4 to cover his trixie stake
Click to expand...

Yes you are correct Ark Royal, I like to get odds of 11.50 and lay at 10 as this is just 3 clicks away. Backing at 10.0 and down to 7.2 one has to expect a horse to shorten in price by 8 clicks so as to get matched for a free bet and retieve the Trixie stake for a £3 back bet.
 
73212

You would need the horse to win in order to get a return.
It's a free bet on the 'lay' side of things (if matched), not a free bet (a return) for using on the Trixie.
Somethings not right here. Probably me - but I am never afraid to get egg on my face.
 
retriever said:
So you are saying that you need the 10/1 (11.0) shot to WIN in order to get a £3 win?...........I know how I'd feel about that......:(
I think you'd be better off backing £3 at 10/1 and putting in a lay at 5/1 (6.0) for £6 and hoping it goes closes, and gets matched, but doesn't win.
Actually, I guess that's just as bad......if it does win .....but probably more likely that it doesn't.


I wonder where you can find those?

Is there not some way you can build your 'lay' around the 1st horse in your Trixie?........ie. If the horse loses you win your £3 - but if it wins - you are set up for a double or three.

NB./ I've lost count on the number of hours I've spent playing around with this sort of thing. Fun, but time better spent looking for a winning horse.
Still, best of luck - will be watching with interest.
Click to expand...

There was something similar to this doing the rounds years ago but based on betting live on football. I think it was referred to as the slicer bet or something similar.

T The Equaliser ,I have to admit that I'm a bit confused why you are mixing up back multiples with lay singles on the same thread.
 
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