The Only Guarantee we can give you is that you willcollect every race or event you bet on using this "Approach".Did you just read the above line, and say wow money galore? The IMPORTANT word in the above statement is COLLECT every race or event. NOT MAKE A PROFIT EVERY RACE.. Wouldn't you just love to winevery bet?
Of course that is everyone's dream -- no doubt it's yours too!Well, I cannot promise exactly that. But how about for every two bets you have, you are guaranteed one will win your profit target?
I CAN PROMISE THAT! Now Available in Cloud Version as well as excel.
Read on, it is still great way to bet. OK, enough of the cloak and dagger stuff. This approach is not new, we have had it in another format, a windows based one and you can see that here: Click Here Watch the Video first and then you will see completely what it is about and how it can be a GREAT BETTING TOOL.
So if you watched the video you will understand how this works. For thoses that did not watch the video, and have not looked at this page Click Here Then let's get started. Firstly, we must ask do you qualify to use the Back-Lay Ladder approach. Things you must have.
If you said yes to the 3 questions above you are qualified to use this approach, of course you need money in the Betfair account, but you can start small stakes. How small like .10 pences or cents. Lets look at spreadsheet, as it will answer a lot of questions you may have. While it looks fancy, it is very easy to use. (As the video shows.) You don't need to fill in the bet details, especially if you are following the races, however if using sports and the results take longer it is best to. Infact we have a Hide Bet Detail button so you can hide the yellow panel, this makes it easier if following the races, less clutter see below. What are we doing to get a collect on every event or race we bet on? We are making two bets, a Back bet and a Lay bet, on the same horse, or dog, or sports team or player. One of the bets must win, either the lay or back will win, and the target for the back or lay will be made. The important thing to get your head around, as I have had emails when we released the windows version ( www.layback-n-win.com )of this. Is that we lost on the event or broke even on some races or events. We ARE NOT looking a making a RACE or EVENT profit every bet. We are running two separate staking profit plans. One is Back Ladder, and the backing bets are only interested in making a profit for the Back Ladder. And if we look below, I have separated the Back Ladder to give you a better idea. The back ladder has only had 3 wins out of the 10 bets and has made 8.28 profit. Why has it not made 10.00 for the 10 races as we had a profit per race target of 1.00? Because the tenth bet lost, if we continued, which we can, and the 12th bet won we would secure or 1.00 per race and have 12.00 profit. We can see that only 3 back bets won, but a nice profit was made. If you add up the Staking we invested it was 12.53, to make 8.28, so a Return On Investment is 66%. So, please keep in mind, that it is not a race profit we are aiming for it is either a Back Ladder Profit, or a Lay Ladder Profit. In the same series here it is the Lay Ladder below. The Lay Ladder as you can see has made the 10.00 points profit, as the tenth bet was a winning one. It had of course 7 wins, as the other 3 wins in the 10 race series were on the backing ladder. And with laying we look at the Liability to see how much is risked to make the 10.00 points not the stake. Our risk to reward ratio we risked 51.71 to get 10.00 reward. 19.30% Risk on reward. So those are the two separate approaches we take, and at the end of the series. We can see the combined result. Overall Profit (Back Ladder and Lay Ladder 18.28) On the graph the Pink bars are the Lay bets and Blue Bars are the Back bets. The orange line is the overall profit, in this case 18.28. In the overall Profit/Loss we can see Back Bet Profit, this is the profit or loss on each bet, so one the first line we see -.49 equates to a loss of 49 pences or cents. And the Lay bets has a 1.00 profit. So Race 1 made .51 profit (after commission). Race 2 Back Profit for the second race was 2.49, and the Lay lost 2.13 for the second race. Overall running profit (middle column) was .87. So if we stopped the series after race 2 we would have booked a .87 profit, but we continue, and you can see each race summary Back, Lay and the series overall P/L. Finishing with the Overall Profit of 18.28, for the ten bet series. The IMPORTANT thing is to avoid odds on bets as these can really escalate the recovery. Time to start:You are ready for the first race, and you enter the odds of the Back into the Odds column in the back ladder (blue area. The stake is auto calculated, and you can see is 1.08 to allow for the commission. On both Lay and Back side.
So the first bet the odds back are 3.20, so the stake we need to make our target profit of 1.00 (the 1.08 show is covering the commission so we clear 1.00 nett profit.) The horse gets beaten, so the Back P/L is a loss of .49 and a new target profit of 1.00 (1st race profit, 1.00 2nd race profit, .49 stake lost, and commission equals 2.68 new target on the back side. On the lay side as the horse lost the race, the Lay makes it Target Profit for the race of 1.00,and the new target is 1.08. Why put the lay odds in? Because if the horse had won the race we could lose the Liability of 2.42. The Results column is auto fill if we put Win on the back side it will auto fill Lose on the lay side result and vice versa. Moving onto the next race we put in the new Back odds. we know the lay stake is 1.08.
Live action with Back Lay Ladder and Deluxe Easy Bet Bot.
And that is how you use the Back-Lay Ladder spreadsheet.
Bonus 3 Extra Staking Plans.1.SAW Staking Backing Worksheet 2.Lay Staking Only, Like in The Back-Lay Ladder 3.New Lay, like SAW staking but for the Lay Bets. Stop At A Winner Staking.
Watch The Video Above.
Lay Staking Only, Like in The Back-Lay Ladder Watch the Video Below.
Runtime 5 minutes.
New Lay, like SAW staking but for the Lay Bets.
This is very similar to SAW staking, but using the Lay bets. Watch video below.
Runtime 6 minutes So that is 10 worktabs you have to stake with, a very good value Excel spreadsheet.
Look, in the first hour, Philippe amde the purchase price back in 45 minutes!
No Excel? No Problem, GRAB the Cloud version!Use on your Phone, Tablet, Mac or PC.
This Video show you the Cloud Version.
PC View with the cloud software.
Cheers Steve Davidson
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