Lay Bet Greyhound Strategy
The new page Laying Greyhounds Daily has all of the best greyhound lay bet or lay bets pre-selected. However the system works like this.
Choosing our lay bets before I introduced our pre-selected greyhound lay bets was a very simple process, but it was time consuming. Now it is much easier.
Dogs run from traps each dog is placed in a trap.
Trap 1 – Trap 2 – Trap 3 – Trap 4 – Trap 5 – Trap 6Â
Every dog in those traps is given a points score of how we think each dog has a chance of winning this race. The higher the points score the more chance the dog has of winning this race (In our opinion)
So for our Lay Bets we are looking for greyhounds with less than 16 points.
In the image above looking at Sheffield 10:47
At the right hand side you will see 3 columns
Racing Post – Sporting Life – Betfair/Coral
In the columns under these headings are numbers, these are the greyhound tips from each of these tipsters.
So in the first row we have Racing Post 315 this means they predict that Trap 3 will be 1st place – Trap 1 will be 2nd place and Trap 5 will be 3rd place.
Next column we have Sporting Life again they predict 315 this means they predict that Trap 3 will be 1st place – Trap 1 will be 2nd place and Trap 5 will be 3rd place.
Next we have Betfair/Coral and they predict 361 that means they predict that Trap 3 will be 1st place – Trap 6 will be 2nd place and Trap 1 will be 3rd place.
This would leave both Trap 2 and Trap 4 that are our matched possible lay bets.
Trap 2 was odds of 10.0 and Trap 4 was odds of 6.0
In this race our lay bet was Trap 4. This is because Trap 4 has the lowest odds of these two possible lay bets.
In addition I only want to lay dogs below odds of 12.0 and if there is a reserve running, I don’t usually bet in that race.
I choose to lay greyhounds at odds of 12.0 or below because this way we get more matched bets. I used to lay at odds of 8.0 or below but to get a matched bet was very difficult.
I have also noticed that the longer priced winners usually happen in the lower grades of greyhound races.
Why Choose a
Lay Bet Greyhound Strategy
As I said earlier, now it is even easier to find your lay bets and they can also be quickly added to Bet Bot Pro (BBP). To the right of the Lay Bet Sheet, you can now download the greyhound lay bets in various formats. On the right hand side of this sheet are the “dogs names” just copy and paste these to an excel sheet and save then in BBP you can import the list directly. Choose your lay bet strategy and BBP will instantly select all your lay bets for the greyhounds and place the bets as of your settings.
Above is the staking plan I use with my greyhound lay bets. As can be seen I am using the staking plan “Recovery Stake” and my recovery if there is a losing bet is set at 25% that is to recover the losses over the next 4 bets.
All of the settings here can be adjusted to suit yourself.
Hi, just signed up and loving the simplicity and the system being used. Just wondered what so you recommended setting a stop loss at? Thanks and keep
Up the good work!! Russ
Hello Russ, thanks for the feedback regarding the system. I have my stop/loss set at £300 with a profit target set at £52.
Great thank you, good to know. Is that because if you hit a few high odds winners it gives the strategy time to recover? Approximately (difficult to say I know) how many winning days do you get in comparison to losing days? Be good to have an idea on recent months profits / losses? If you wouldn’t mind sharing? Thank you.
Just written a new guide Laying Greyhounds Guide 2024 that covers the last few days. Have gone 6 days now in profit since writing this guide.
Thanks Chris. Just struggling to see where the long term profit may sit if the stop loss then wipes out nearly a weeks worth of profit?
You can set your stop/loss at anything to suit yourself.
hi Chris with a stop loss of £300 per day, what is your starting bank each morning when the system starts ?
Great work by the way, much apprecite all the effort you put in
I now maintain a bank of £400 and the winnings I withdraw once a week. Keeping the £400 bank in place.
Hi Chris,
I have just signed up to your site and intend to try to do this manually. I don’t have BBP and I don’t intend to get it either.
Am I right in saying that the calculation after a loss is LOSS + (4 x target profit) / 4 ???
So I’m trying to win £2, I lose at 7.2 so lose £12.40 on that race. I want to win my £12.40 back over 4 races plus 4 lots of £2 so it’s the £12.40 + £8 = £20.40
£20.40 / 4 races = £5.10 lays, hoping to get next 4 right?
Yes?
If I hit ANOTHER loser within the recovery 4 races, is it same again?
Let’s say I get the next 2 races right for the £5.10 stakes, but the next loses at 10.0, I’ve now lost another £45.90 but unsure what calculation to do to work out the next stakes…
Am I adding together the 2 big losses (£12.40 and £45.90) then subtracting the 2 x £5.10 wins, then dividing this by 4 for my next lay stake?
Sorry for the essay!?
Kind regards,
Ben
Hello, You can certainly do this manually I do sometimes. You might want to consider getting “The Staking Machine” This will work the next bets out for you and it also has the staking plan “Lay% Up and Down” which is a very good staking plan. I use the recovery over the next 3 races, was using 4 but I like to get any losses back quicker.
Hi Chris,
Thanks for the reply – I was looking at the Lay% up and down after reading on the website, and think i like the sound of that rather than diving in with massive stakes just to get it back quicker.
I suppose the advantage is that the stakes don’t get as big too quick, but the recovery is not as quick. Would you agree from experience that these are the only advantages/disadvantages? Or are there others I’ve not thought of. I will be starting tomorrow after joinig today, with £2 stakes and a target of £20.
The Lay % Up and Down is a very good staking plan, wish they had it on BBP. You are right in that it uses lower stakes to recover losses.
Goog luck for tomorrow
Hi Chris,
Just downloaded the new improved greyhound lays. Nothing appears highlighted in yellow in csv or excel. It would be easier if there was a csv file with the selections that could then be added to a bot.
On the download sheets for both backing tips and lay tips. the selections are all in a seperate column. These are the lists that can be added to a software bot such as BBP.
Thanks Chris, I see that now. Easier for me as I am at work to work off a list.
hi Chris, still loving your service, best value tipping sevice available in my opinion.
just a couple of things to ask……
what is the average strike rate with the lay selections for the greyhounds and has anyone tried the MARIA staking plan and how did it go ???
i am simulating the MARIA plan for a few days and if successful i will be going live with it in August…..
will keep you posted of how results go .
Thanks very much!
The last time I checked the winning strike rates about 1 month ago:
Racing Post averages at 26.23% win strike rate
Sporting Life is at 22.95% win strike rate
Betfair averages at 24.59% win strike rate
Our Unique Points averages at 27.87% win strike rate
The Backing Points Strategy averages at 42.37% win strike rate
The Greyhound Lay Bet Tips averages at 97.80% win strike rate
I haven’t tried the Maria staking plan for quite a while now.
please keep us informed how it goes
Regards Chris
Gday Chris –
Back from van trip –
Just read the above – re Lay % Up Down –
I see its in Betbotpro now –
Do you use that now if so could you tell us the settings please –
Are the Greyhound Lay Bet Tips still doing 97.8 % win strike rate
Cheers gb
I didn’t even realise they had included Lay % Up Down, although I requested this a long time ago.
Thanks for pointing this out.
I will be setting this up and using it when I have figured the settings out I will post an update
Regards Chris
Hi Chris,
Any progress on adopting the Lay % Up Down staking plan on betBotPro?
Regards,
Ken Prior.
I did try it on BBP numerous times but the setup is not the same as doing it manually. I am trying out another staking plan now with BBP “Consecutive Wins Stake – Back and Lay” This staking plan increases the bet after a winner, looks quite promising.