The Lay Bet Tipster – Final Update

Just a note to say this service has been discontinued. They had rather been labouring for a while and not quite producing the hoped-for results so it’s not a surprise to see it be discontinued. 

In fact it had been closed to new members for a while so the writing did look like it was on the wall. 

In they end they finished our trial 9 points down, which wasn’t a total disaster and probably would have warranted a neutral rating in the end. 

We have often said that lay betting is hard and there are very few profitable laying services out there – with the notable exception of those such as Little Acorns. 

However, for The Lay Betting Tipster it wasn’t to be so this goes on our defunct pile and we move on to the next review.

 

 

 

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The Lay Bet Tipster – Results Update

11th January 2024

A small improvement for horse racing service The Lay Bet Tipster over the last month, with a profit of 3 points made since our last update.

That means they are now 9 points down for our trial overall.  

You can view full results here.

Just a reminder this is a tipster that lays horses on Betfair, up to a maximum price of 8.0. Results are recorded using Betfair SP, although if you take prices earlier in the day you would have slightly different results. 

Please note this service is now CLOSED to new members. If the service opens up again we will post an update here. 

 

 

 

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The Lay Bet Tipster – Results Update

1st December 2023

It’s been a tough time for horse racing service The Lay Bet Tipster over the last month, with a loss of 14 points made since our last update.

That means they are now 12 points down for our trial overall.  

You can view full results here.

Just a reminder this is a tipster that lays horses on Betfair, up to a maximum price of 8.0. Results are recorded using Betfair SP, although if you take prices earlier in the day you would have slightly different results. 

Please note this service is now CLOSED to new members. This may have something to do with the dip in results over the last few months but either way they are not taking on any new members at the moment. 

 

 

 

 

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The Lay Bet Tipster – Results Update

30th October 2023

There has been a further drop for horse racing service The Lay Bet Tipster over the last month, with a loss of 6 points made since our last update.

That means they are now just 2 points up for our trial overall.  

You can view full results here.

Just a reminder this is a tipster that lays horses on Betfair, up to a maximum price of 8.0. Results are recorded using Betfair SP, although if you take prices earlier in the day you would have slightly different results. 

 

 

 

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The Lay Bet Tipster – Results Update

23rd September 2023

A small drop for horse racing service The Lay Bet Tipster over the last month, with a loss of 6 points made since our last update.

That means they are now 8 points up for our trial overall.  

You can view full results here.

Just a reminder this is a tipster that lays horses on Betfair, up to a maximum price of 8.0. Results are recorded using Betfair SP, although if you take prices earlier in the day you would have slightly different results. 

It’s been a little more active over the last month, with 12 bets taken which is more than average for this low volume tipster. 

 

 

 

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The Lay Bet Tipster – Results Update

23rd August 2023

A small retraction for horse racing service The Lay Bet Tipster lately, with a loss of 4 points made since our last update.

That means they are now 14 points up for our trial overall.  

You can view full results here.

Just a reminder this is a tipster that lays horses on Betfair, up to a maximum price of 8.0. Results are recorded using Betfair SP, although if you take prices earlier in the day you would have slightly different results. 

It’s been a little more active over the last month, with 14 bets taken which is more than average for this low volume tipster. 

 

 

 

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The Lay Bet Tipster – Results Update

18th July 2023

A slight step backwards for horse racing service The Lay Bet Tipster lately, with a loss of 4 points made since our last update.

That means they are now 18 points up for our trial overall.  

You can view full results here.

Just a reminder this is a tipster that lays horses on Betfair, up to a maximum price of 8.0. Results are recorded using Betfair SP, although if you take prices earlier in the day you would have slightly different results. 

It’s been a quiet month again with just three bets so far this month but that is this tipster’s modus operandi so no need to change it if it’s working.

 

 

 

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The Lay Bet Tipster – Results Update

19th June 2023

Things continue to tick along steadily for horse racing service The Lay Bet Tipster lately, with a profit of 4 points made since our last update.

That means they are now 22 points up for our trial overall.  

You can view full results here.

Just a reminder this is a tipster that lays horses on Betfair, up to a maximum price of 8.0. Results are recorded using Betfair SP, although if you take prices earlier in the day you would have slightly different results. 

The volume has increased somewhat over the last couple of months which is good to see and hopefully they can keep the profit rolling in too.

 

 

 

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The Lay Bet Tipster – Results Update

17th May 2023

Things have been moving along nicely for horse racing service The Lay Bet Tipster lately, with a profit of 10 points made since our last update.

That means they are now 18 points up for our trial overall.  

You can view full results here.

Just a reminder this is a tipster that lays horses on Betfair, up to a maximum price of 8.0. Results are recorded using Betfair SP, although if you take prices earlier in the day you would have slightly different results. 

Although in general this is a very low volume service with just a few bets per week normally, yesterday they broke that pattern and issued six tips in one day! 

We are not sure if that will be repeated and we’ll see more bets going forward but it certainly was an increase on the bet volume in any event. 

 

 

 

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The Lay Bet Tipster – Results Update

1st April 2023

A small improvement for horse racing service The Lay Bet Tipster lately, with a profit of 2 points made since our last update.

That means they are now 8 points up for our trial overall.  

You can view full results here.

Just a reminder this is a tipster that lays horses on Betfair, up to a maximum price of 8.0. Results are recorded using Betfair SP, although if you take prices earlier in the day you would have slightly different results. 

It continues to be a very low volume service with just 43 bets since our trial started in October. There were just two bets in March, both of which were successful lays so you could say a “100% record!” 🙂 

 

 

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The Lay Bet Tipster – Results Update

28th February 2023

Not much change for horse racing service The Lay Bet Tipster lately, with a loss of 2 points made since our last update.

That means they are now 6 points up for our trial overall.  

You can view full results here.

Just a reminder this is a tipster that lays horses on Betfair, up to a maximum price of 8.0. Results are recorded using Betfair SP, although if you take prices earlier in the day you would have slightly different results. 

It continues to be a very low volume service with just 41 bets since our trial started in October, but results have been solid and they obviously don’t want to recommend a bet just for the sake of it, which is the correct approach to take. 

 

 

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The Lay Bet Tipster – Results Update

21st January 2023

Just a small gain for horse racing service The Lay Bet Tipster lately, with a profit of 2 points made since our last update.

That means they are now 8 points up for our trial overall.  

You can view full results here.

Just a reminder this is a tipster that lays horses on Betfair, up to a maximum price of 8.0. Results are recorded using Betfair SP, although if you take prices earlier in the day you would have slightly different results. 

It continues to be a very low volume service, with just four bets advised since our last update. It continues to move along steadily though with a profit made so far which is the main thing. 

 

 

 

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The Lay Bet Tipster – Results Update

10th December 2022

There’s been a slight dip for horse racing service The Lay Bet Tipster recently, with a loss of 8 points made since our last update.

However they are still 6 points up for our trial overall.  

You can view full results here.

Just a reminder this is a tipster that lays horses on Betfair, up to a maximum price of 8.0. Results are recorded using Betfair SP, although if you take prices earlier in the day you would have slightly different results. 

It’s been a fairly quiet month with only a handful of bets, but the tipster is careful to only send out selections they are sure about, which is an approach we would endorse. 

 

 

 

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The Lay Bet Tipster – Results Update

31st October 2022

It’s been a strong start to our trial of The Lay Bet Tipster, with a profit of 14 points made so far after one month. 

You can view full results here.

Just a reminder this is a tipster that lays horses on Betfair, up to a maximum price of 8.0. Results are recorded using Betfair SP, although if you take prices earlier in the day you would have slightly different results. 

Has been a very encouraging start here, with 21 of the 23 bets so far having won, which is what we like to see.

 

 

 

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The Lay Bet Tipster – New Review

4th October 2022

Here at Honest Betting Reviews we have scoured the market far and wide over the last seven years in search of good lay betting services. 

Sadly to date we have only really uncovered one good laying service that is still going and that is Little Acorns.

In theory it sounds easy to bet on horses to lose – surely anyone can find horses that aren’t going to win today, or any other day for that matter if you consider some horses we have backed over the years.

It is actually much more difficult in practice and just like any other form of betting, it relies on finding value. 

One service that looks like it may have cracked the code of laying however is The Lay Bet Tipster, which we are starting a review of today. 

It has been proofing to the Betting Gods platform for six months now and in that time has made a highly creditable 74 points profit to 1 point lay bets. 

That’s a more than decent total to have amassed from lay betting and it has come with a high strike rate of 84%, which means a very high proportion of winning bets. 

In terms of the ROI, that currently sits at just over 8% which is pretty good considering the very high strike rate.

The monthly profits have been very stable and consistent too which is something we like to see. 

Tips are provided by a chap called Darren who is an accountant-turned-full-time professional bettor. 

He says he “started betting on horses part-time to gain a second income. Fast forward a few years and clearly, my accountancy skills paid off as I found a lucrative way to profit from the horses and make it my full-time income.”

Making an income from betting is no easy feat so it probably helps to have the skills and attention to detail of an accountant to make it work. 

In any event, the true test will be whether he can produce the goods under live trial conditions so we’ll get our review underway today and will update results here soon so you can see how he’s getting on. 

In the meantime you can check out the Lay Bet Tipster for yourself here.