Good posting Baco.
It reinforces some sound ideas.
I don't feel our friend Racer was having a shot at you my friend..

The money management plan looks very sound.
It is very similar to what I use.

I feel with Lay betting, more so than win betting, it is so important to try & get the right price where possible , because its the inflated lay prices that usually gets the punter in the end, if he is not careful.
e.g. Try not to lay say a $7.00 shot on the Back side & is $10.00 on the Lay side.
Keep doing that & we will find out how our losing win system also becomes a Lay backers nightmare as well, due to accepting inflated prices.


One might say that Betfair is more of a Backers market than a Layers market, so its a strong idea to try & get our final lay price as close as possible to the Win back price where possible.

It should be an interesting ongoing posting.

Here is my Lay bet plan of the day , I am sure we all have one that shows some promise.
So here goes.

RULES
Fire up Betfair.
No need for form guides here.

.Look at the market say a few minuets out from jump .

.Target the 2nd Fav in the Win market.
This will be our selection if it passes our filters

.Our 2nd Fav must be $2.00+ in the Place market .
We look at this market for analysis purposes only.

.The market Fav in the race must be $1.80 & less in the Place market.
We look at this market for analysis purposes only.

.If we see that there are 2 or more horses at say $1.99 & less in the place market & ours is one of them.
This spells danger - no bet race.

.If our 2nd Fav qualifies by bering $2.00+ in the place market, it becomes our Lay Bet in the Win market.
We dont bet in the Place market.

. Use Bacos money management plan or a tweaked version of it..

That's it.
Works like a charm.

The reasoning is , that we are assuming that there is a market gap of confidence here, where the Fav has a better than 60% chance of doing something in the field , rattling the 2nd Fav out of contention, if its a dog fight between the two at the end.

My stats show indeed, that the Fav usually rattles the 2nd fav if its a close contest at the end.
Its a different story of course if the Fav fails to run on or fails to get a clear shot.

Try & remember to secure the lowest price where possible for Lay betting compared to it's win price. .
If one is no good at doing that , just wait till the last 30 secs . That seems to work just as well as anything else, long term.


Cheers

__________________
Cheers.