One or Two Losers




Copy what an on-course bookie might do. Target 1 or 2 runners to lose.
To use this laying method, you do not need to lay all the runners, but just a few.

Whilst watching televised horse racing, television presenters often tell us that the bookies are targeting one or 2 runners to lose.
The spreadsheet below shows the staking for doing that.
The bookies will lay most if not all of the runners, but only lose if the winner is one particular horse or maybe comes from 2 particular horses.
A bookie may lay every runner, but we don’t need to do that.
We can lay just a few runners to use this laying method.

There are 4 spreadsheets in this file which enable us to target 1, 2, 3, or 4 runners to lose.
We can lay as many runners as we like, but only lose if one of our target runners wins the race.
If anything else wins, we have profit, even from lays that are not our targeted lays.

That will work in any market, horses, football, golf, etc.
To make this pay in the long term, you will need your own selection process for picking losers.
Whether that is horses, football scores, golfers or anything else, is ok.
This strategy will work in any sport, any market.

Bookies may Lay just a few runners against the field, in the hope that an outsider wins to give them a “Skinner”.
Using this strategy, we can do exactly the same.
We can Lay just a few runners but have liabilities against only our targeted runner or runners.
We will have a profit against every other non-targeted runner that we lay.
If you use this strategy, you don’t Lay the whole field, but just a few of the runners.

  • As we lay more runners, our liabilities against our targeted runner or runners go down.
  • As we lay more runners, our profit against our NON-targeted runners goes up
  • As we lay more runners, our profit from runners that we have not layed at all goes up – – all our lays would be successful and we clean up with a very nice profit

Using this strategy, we win on all runners except our targeted runner or runners.
Our liabilities on targeted runners are reduced by our Lays on other runners.
In this way, we have only our targeted runner or runners against us, but with reduced liabilities.
All the others are running for us and will produce a profit.
This is not the same as Laying a single runner.
We are reducing our liabilities on our targeted runner or runners by laying lesser amounts on other non-targeted runners.

Supposing a race had 20 runners.
We could Lay 4 horses (for example), but only one will make a loss for us.

We Lay horse 1.
Then we Lay horses 2, 3, and 4 but with lesser amounts.
The size of these stakes is dependant on the size of our larger stake on horse 1.
In this way, we reduce our liabilities on horse 1 by Laying 3 other horses.
We could carry on Laying more horses if we wish.
Once we have Layed our 4 horses, if the winner comes from horses 2, 3 or 4, we still make a profit.
If horse number 1 wins, we make a loss, but our liabilities have been reduced by the successful Lays on horses 2, 3 and 4
If the winner does NOT come from the 4 horses that we have Layed, we have 4 successful lays, and clean up, with no payout.

This spreadsheet shows the stakes required to target one horse, 2 horses, 3 horses or 4 horses, and reduce the liabilities on those runners by Laying other horses.
This strategy can of course be used in any market – – – football Correct Score, a golf tournament etc.
In a football market for instance, you could target a single score line to lose, and Lay several others that you think might also lose.
For example, target 3-0 and also Lay 0-3, 3-1, 1-3, and 3-2 (or any scores of your choice).
If the game does not end in a 3-0 win for the Home team, you are a winner on all other scores.
You could target a single player not to score first, or a golfer or tennis player not to win a particular tournament.

Copyright notice. In the videos below, Betfair content shown is for demonstration purposes only, and is presented with the kind permission of The Sporting Exchange Limited. © The Sporting Exchange Limited.

  1. Video 1 demonstrates inputs and how the spreadsheet works.
    We can Lay lots of runners but only show liabilities against 1 or 2 runners, with a profit shown against all our other lays
  2. Lay several runners in a horse race, adjusting the stakes to balance your trade
  3. Target 2, 3, or 4 runners to drastically reduce your liabilities on targeted runners. The football match described near the end of this 3rd video ended with a score of 3-2