Paul - Author of Easy Money from Losing Horses gives us more information on which Betting Exchange Trading Software he uses, and what it takes to make money from laying horses to lose on the Betfair Betting Exchange. Not many people can say they Lay Horses for a living but Paul shows us how in his new ebook! Visit Easy Money from Losing Horses
I see by looking at your site, you Lay Horses for a living! Can you tell me a little more about how you are able to do it?
In short, I’ve developed my own systems for finding horses that make good lays. This has taken me many hours of research and lots of “going round the houses” to really establish what criteria needs to be considered, what prices should be considered and how to put the whole lot together. A lot of it boils down to common sense and racing knowledge, and I’ve tried to cram as much of both of these into my Easy money from Losing Horses ebook.
Can you tell us any secrets or tips the average punter needs to know in order to make a profit through the Betting Exchanges?
With regards to picking horses, you’ll have to read the ebook for the secrets and tips. However, one thing I think punters do need to have is a basic ability to read the market.
By taking into account factors such as; the amount of money traded, previous odds movement, weight of money on the back/lay side, and bookmaker’s price movements etc it is very often possible to predict which way a price is going. This knowledge is very handy for knowing when to take a price and opening up trading opportunities.
(Raj-Patel has some good courses on reading the markets! '-Ed')
Do you use any Betfair Betting Exchange Trading Tools to help you make money?
I do use them on occasion yes. I have found both BET IE and Bet Angel to be great programs. However, I get on just fine without them even though I make myself more work harder!
How long have you been in the Horse racing and betting industry and what experience do you have?
I’ve been a typical “systemite” for approaching ten years, and I’ve been online since 2002. Everything I’ve learned along the way has been through my own research and learning from mistakes. I appreciate exactly where many punters are coming from as I’ve probably been in pretty much the same situation as them in the past; this is why the website and the Easy money from Losing Horses ebook give me a lot of pleasure.
How much on average could someone expect to make by following your Easy Money from Losing Horses Lay betting system?
On average, a few hundred to couple of thousand a month. From a typical betting bank. I can’t be any more specific but I do provide results via my website.
Do you recommend any specific staking plans when Laying Horses?
I include a couple of staking plans in the ebook, along with a spread sheet to work out stakes, profits and stuff like that. I don’t like to tell people exactly what bank they should put in because at the end of the day it is their money and everyone’s financial situation is different as well as their idea of risk!
Do you have any other betting systems or informational products available?
I have some great “Bonus” systems that come with the package. These really give added value to the ebook as I use these systems too and they show nice profits. That said, there’s more than one way to skin a cat, and I have some great ideas which I’m working on which I’ll be very happy to share with others in the future.
If there was one thing that would help people win more money from Horse Racing, what would it be?
Discipline. The discipline to stick to a staking plan and follow a system for months, not just days! Also a good system, (such as my own!) that will enable them to produce consistent profits. And finally- A Betfair account. Dammit, that’s three things!