Horse Racing Systems -THE PLACE TO LAY – A Review

By: dave ofgrims


Horse Racing Systems that rely on placing lay bets can often involve leaving yourself open to a big liability should the lay be unsuccessful. However, this is not the case with Paul Fowie’s new “The Place to Lay” system where the average loser odds-on.
So far “The Place to Lay” showed a profit of £15,590 in 2008 and in the first 5 months of 2009 it is already showing a profit of £6,371. In fact Paul tells me that the system has shown 16 consecutive winning months. The system can be used for all types of racing (Flat, NH and All-Weather)
Safety
Exploiting the growing place market on Betfair, this must be one of the safest laying systems ever. The average lay is odds-on and the riskiest lay bet with this system is a maximum of 3 (2/1) on Betfair. As the average loser is odds-on we only need this bet to win more often than it loses and it does this with ease.
Simplicity
Paul Fowlie has built up a great deal of respect and customer loyalty partly due to the incredible simplicity of his systems. This one is no different, the rules are very simple indeed, you know which races you will be betting on at a glance and the horse selection is even simpler. You need no knowledge of horses or form and all users will find exactly the same selections.
Consistency - Can You Expect this System to Make You a Profit Next Month?
Well it is very likely with a profit in 16 of the last 17 months! The last time this system made a small loss was in January 2008 and that loss was just 2.5 points. This was the last month that Place to Lay failed to show a good profit.
Understanding The Place Market
If you have never looked at the place market on Betfair it is quite simple. Just find the race you are betting on and select place market instead of the win market. Bets are placed in the same way as on the win market but of course the odds are much smaller just as at the bookmakers where each-way odds are less than odds to win. The place market is increasingly popular with ever increasing liquidity in the market, more so when you are betting on the first few horses in the betting.
Paul Fowlie
Paul is a full time professional gambler and winning owner, you may have seen Frankie Detori ride his horse “All In The Red” at Haydock into third place last week. He has often owned horses, “All In The Red” was bought in a claimer at Woverhampton in March for £6,000. It has gone on to already win him £4,000 since then. Its win at Nottingham at 33/1 was its best when it broke the 1 mile 2 furlongs Nottingham course record. This all goes to prove that Paul has a good eye when it comes to assessing horses. While Paul spends a lot of time on-course it is his lay betting that is his bread and butter income and Place To Lay is his latest system. Paul has built a reputation for simple but profitable systems and this system is very simple, safe with low liability and consistent with 16 out of 17 months showing a good profit.
Looking After Your Bank
This is such a steady safe method that Paul Fowlie, who is known for his caution, recommends a bank of just 50 points. This is more than adequate. I have had a look at last years results and made a quick calculation. Had I started with £100 and bet each time 5% or one twentieth then even after the sticky start in January 2008 my bank would have multiplied by 10 by May 15th. It would have doubled again by 20th of June and doubled yet again by the 25th of July. By this time I would be £4,000 up and betting in £200’s all from a starting bank of £100. All made possible by the low average liability.

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