Today we are starting a new trial of a horse racing service called Second Class Racing.
This comes from the same guy (Mel Gee) behind another service we are currently reviewing – First Class Racing.
Whilst that service focuses on selective back bets in top class racing, Second Class Racing kind of does the opposite – it provides lay bets at a much higher volume (up to 12 bets per day) and in various classes of racing, not just top class racing.
The results of the service so far have been very impressive:-
After 24 weeks the selections have:
- Made £1,421 to 10 stakes…
- Made an average of £59 per week…
- Made a Return On Investment (ROI) of 17.5%…
- And achieved a strike rate of 85% (691 bets won out of 811).
So pretty strong results there, although it is still early days.
To find the selections Mel looks at Betfair between around 11 and 12 in the morning UK time and then posts the lay bets on Telegram with a screenshot of the lays placed on Betfair.
Not all of the selections will be matched and Mel’s advice is not to go chasing the prices – if a selection isn’t matched at the advised price, he says to just leave it.
All prices are between 3.0 and 6.0 so there is no risk of one unsuccessful lay wiping out your whole bank at huge odds as is the case with some laying services.
It is a “set and forget” strategy so once you have entered the lay bet on Betfair that is it – there is nothing further to do like trading or monitoring the market, your work for the day is done.
So a very novel approach here and it will be interesting to see how this one fares under a live trial. It would be good to have a profitable laying service as they have been few and far between over the years.
We will kick things off today then and will report back here soon on how it’s all going.