Using The Logical Lay System To Back High-Priced Horses
By Chris • Dec 17th, 2009 • Category: FeaturedIf you have been following the development of the Logical Lay System since it was introduced in April, you will know that I applied an upper odds limit cut-off for the lay selections. This was set at 10.99 Betfair SP.
The reason for doing this was because there were a significant number of horses winning their races at high odds and so reducing profits.
I have kept a record of all selections produced by the Logical Lay System (and given out as the Losing Lays tipping service) and have now analysed several months of data.
The results are very interesting and show that there is a technique that can be applied to the selections that is making consistent monthly profits from backing selections above 11.0 BSP.
Between April 2009 and December 2009 inclusive, then you would have made a profit of 99.49 pts backing each selection with a 1 pt stake (Betfair commission not allowed for).
I will provide the past results further down in this post, but let me outline the betting strategy.
1) Work out the lay selections as normal using the Logical Lay System rules, or subscribe to the Losing Lays service.
2) Back any selection that is at odds of 11.0 Betfair SP and above just before the race starts. This is most easily done using a betting bot such as BetBotPro.
The technique does require some perseverance as there are losing months as well as highly-profitable months. The losses tend to be small amounts whereas the profits can be considerable (such as Oct 2009)
Here are the past results:
April 2009 2 bets 0 winners -2pts Cumulative total -2 pts
May 2009 6 bets 1 winner +5.81 pts Cumulative total +3.81 pts
30/5/09 6.10 Newb Norman The Great 11.81 BSP
June 2009 10 bets 1 winner +1 pt Cumulative total +4.81 pts
11/6/09 7.10 Uttox Knighton Combe 11.00 BSP
July 2009 9 bets 2 winners +14 pts Cumulative total +18.81 pts
6/7/09 2.30 Brig Namu 11.00 BSP
31/7/09 4.25 Thirsk Sudden Impact 12.00 BSP
Aug 2009 15 bets 1 winner -4pts Cumulative total +14.81 pts
7/8/09 7.15 Newm Lord Theo 11.0 BSP
Sept 2009 14 bets 2 winners +12.53 pts Cumulative total +27.34 pts
2/9/09 9.20 Kemp Inch Lodge 14.05 BSP
20/9/09 4.50 Uttox Gaelic Flight 12.48 BSP
Oct 2009 31 bets 5 winners +54.99 pts Cumulative total +82.33 pts
1/10/09 9.15 Wolv Peper Harow 12.0 BSP
3/10/09 2.40 Redc Collateral Damage 11.05 BSP
7/10/09 5.40 Nott Simple Rhythm 19.0 BSP
10/10/09 5.50 Ascot Even Bolder 32.94 BSP
15/10/09 6.00 Wolv Feelin Foxy 11.0 BSP
Nov 2009 21 bets 1 winner -2.34 pts Cumulative total +79.99 pts
13/11/09 3.35 Chelt Lord Ragnar 18.66 BSP
Dec 2009 7 bets 2 winners +24.5 pts Cumulative total + 99.49 pts
1/12/09 12.20 Sthl Hello My Lovely 14.5 BSP
15/12/09 1.10 Sthl Nickel Silver 12.0 BSP
I will update these results each month so that you can monitor the performance of this technique.
Latest news:
During January, there has only been one bet – and that was a winner.
17/01/10 3.40 Wolv King’s Jester 13.99 BSP
Chris
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Hi Chris,
Initial figures look good but very very early for a system like this –with 13% S/R (15 WINNERS SO FAR)…I see you have not taken out the B/F commission of 5% (mentioned above) which amounted to 9.97 –leaving the profit at 89.52…This is the true profit figure…and anything else is of no good in real terms.I hope the system keeps turning out the winners –i would need this to work for at least 2 years before the complete figures could be relied upon.What are your thoughts on this Chris.
Regards
Noel
Hi Noel
There will be a ew video in the next day or so which will bring you up-to-date with progress. Currently, the betting bank is about £190.
Chris
Yes, BF commission should of course be taken into account. I also agree that the more data the better – but this system has performed well over 9 months so it is hardly a ‘flash in the pan’ People can decide for themselves if they wish to follow the system.
Chris