1

Hey guys,

Welcome to the LAY THE FIELD strategy guide!

Hopefully by now you have seen the video where I show you how to
implement the Lay The Field strategy and I am sure you are excited to start
experimenting with this unique style of racing trading.
Be sure to refer back to the video for a live demo but this sheet should be
handy when you are ready to practice on Betfair itself.
I also threw in some extra tips at the end of the guide to help you find the best
opportunities.
Enjoy :)

Ben Michaels, Sports Trading Expert & Founder of SportsTradingLife.com

2
 WARNING

Quick warning before we begin...

This is NOT a get rich quick scheme or guaranteed way to win all
the time. There will be losses and you have to anticipate that you
will not win every trade you enter.

There are NO guarantees in sports trading but this is low risk and
high reward when used correctly.

Practice with small stakes and do not risk money you can not afford
to lose!

3
 LAY
THE FIELD

4
 HORSE RACING
So with Lay The Field we are looking to take advantage of the volatility that
you can expect from the in-running racing markets.
We are using this method on a horse racing “Winner” market (i.e the main
market) and we will look to enter the bets in the market BEFORE the race
begins.
And so based on the profile of the race you would decide on the odds you
want to lay ALL of the horses at.

For example, if you think it will be very competitive and could come down to
the wire then you may wish to lay really low (e.g 1.50 or lower).
This is the part you will need to work out for yourself.
In this ebook, I can only give you the method and a few pointers, if you want
to make money you will have to study and experiment and find your own
edge by yourself.

The Aim?
The aim of the method is to try and take advantage of a competitive horse
race and the volatility of the markets so we can get multiple lay bets matched.

During the average horse race you will see the odds bounce around all over
the place with so many different horses competing and trying to get to the
front. Some suggest that camera angles and confusion from those at the
track is also a big contributor to the sheer carnage of the in-play racing
markets.

So whilst the average newbie trader is scared by this volatility we can set a
trap that will take full advantage of the most volatile races with the Lay The
Field method.

5
 STEP 1
Go to the race you wish to get involved in.
You could do this right before it starts or you could even set it up in
the morning then head out.
To keep it simple, press the “Lay All” button.

As you can see above this will put every horse into the box
available for you to lay, you will then have to manually enter the
odds for every horse.
This is a tiny bit tedious and most premium software will allow you
to speed this up.
When deciding which odds to lay at the general rule of thumb to
think about is that the higher odds you lay at, the MORE horses you
need to get matched. For example,
If we Lay All @ 1.50, we need 2 horses matched to profit.

If we Lay All @ 2, we need 3 horses matched to profit.

If we Lay All @ 3, we need 4 horses matched to profit.

6
 STEP 2
Once you have decided which odds you wish to lay at you will then
have to enter those manually into the market also.

Here you can see we have put in a lay order of every horse in this
race at 1.50.
Personally, I like to go for lower odds since you only need 2
matched to make a profit. However, you need to be extra careful
with which races to pick the lower you go as you need to be
confident it is going to be a tight finish.
Once these are set up (double check them) and press
“place bets” to submit.

7
 STEP 3
Now for the important part, you must press the “Keep” button to
ensure these bets remain active once the race goes in-play.
A typical newbie mistake is to forget to do this and if you do then the
trade simply won't work.

Above is what the button looks like so you don't forget.

Once that is pressed you are DONE!

Now there is nothing more to do but let the race go in-play and see
if you get matched.

You will have good fun watching the race and cheering for ALL the
horses to win ;-)

8
 THE IDEAL SCENARIO
Once the race is in-play we have to see how many horses we get
matched at our desired odds.
The good thing about lay the field is you can technically only have
ONE losing lay since there can only be one winner of the race.
This means you are only risking just the one lay unit.
So if we lay @ 1.50 using a £100 stake the risk is only £50 and so
the most we can lose is £50.
However, our upside is much higher if we get multiple horses
matched.
Here was a race where we had 3 horses matched at 1.50 for a
£150 profit.

Not bad for 2 minutes “work” and only £50 risk!

9
EXTRA
TIPS

10
 EXTRA TIPS
So it can look easy from the demonstrations but I am sure you know
it is not as simple as just doing this on every race and profiting.
And whilst I can not give away the secret sauce in this book, here
are a few extra tips that will help you to be profitable with this
method!

1 – FIND THE RIGHT RACES

If you are interested in making this trading strategy profitable then you first need to find the
best races to use it on.
This can be found through a mixture of experimentation and also looking at data. The best
tip I can give you is to look at FLAT racing rather than the jumps. We are looking for a
“blanket” finish with multiple horses all going for the finish line and this is more likely in flat
racing.
Different courses also offer different opportunities. On some courses it can be harder for
punters to judge who is really leading as we head into the straight which is more conducive
to the volatile markets that we want.
You can use the data available on the Betfair website via Timeform to check out previous
in-running races. You can view the lowest matched prices of previous races to see how
often an LTF trade would have worked.
It can be time consuming but it is worth it if you find those particular courses that work well!

2 – THE SHORTER THE RACE THE BETTER

You definitely want to find races that are going to be short.
The shorter the race is the more chance of more horses keeping up the pace and you
having a blanket finish which is what we want with the LTF strategy.
So with this in mind, look for races that are going to be less than a mile and a Maximum
length of 1m4f (1 Mile 4 Furlongs).
With this in mind it should help you to narrow down the best courses to look at.

11
 3 – THE MORE HORSES THE BETTER
When using the LTF strategy we want there to be volatility and also confusion.
We want the punters both at home and at the course to be unsure of who is going to win
as this is more likely to lead to the odds swings that we want. The more horses there are,
the more likely this will happen.
Whether it is punters getting horses mixed up, their views being obstructed or just not
keeping track of all the horses. The more in the field the better. It also gives us more
horses to potentially be matched on.
With this in mind, avoid small fields of 5 horses or less.

4 – MAKE SURE IT IS A COMPETITIVE RACE

So when using the LTF method we want races to be competitive but how we can possibly
predict this?
Well, we can use the markets to guide us. If the markets have lots of similarly priced
horses it can indicate that we might be in for a tight race. If there is a strong favourite then
there is a high chance that favourite will dominate and win easily.
So with this in mind, you should probably avoid races that have an odds-on favourite (2.0
or lower) as often these races can be dominated by the favourite and the price swings we
want are harder to find.
You should probably only consider using LTF on races with a strong favourite if you have
good reason to want to oppose the favourite since you will probably need the favourite to
run badly in order to get matched. Save this for when you have more experience!

12
 REMEMBER...
This is a beginner guide to this way of trading and I have tried to
keep it as simple as possible to follow in this particular guide.

The next thing to do is to get into the market and begin testing this
with small stakes. You should have plenty of fun experimenting with
this.

I see many go wrong with this method by using it blindly so just be

sure to do your research and look at previous races to find the best
courses that fit.

Also, when you find the odds point that you want to use then keep it
SECRET since if others are chasing the same odds as you then you
will find it harder to get matched.

The beauty of LTF is that once you find your profitable races you
can set these up in the morning and count the profits at the end of
the day. This is a truly automated trading strategy.

Go have fun trying this out with small stakes and DO watch the race
when you use this strategy, you will have fun but also learn lots
about the in-running markets at the same time!

13
P.S Are you interested in levelling up your Football Trading skills?

Here is information about my premium course, Ultimate Football

Trading.

Apply for an invite at the below link to be the first to know when
doors will open again!

UltimateFootballTrading.com/Apply

14