It’s Lay Time

£32,696 Profit To Date – Independently Proofed!

OK, no prizes for guessing what type of betting we’ll be doing with this system trial!

It’s Lay Time is billed as a professional laying service based upon 25 years of expert knowledge, research and dedication.  Although I can’t comment on the 25 years, my experience so far has been a pleasing one.  They have been professional, courteous, and always prompt with replies to any of my inane questions.

It’s Lay Time deliver their selections in the form of a members web page that is updated by 11:30 of a morn and, if there is evening racing, they will post any selections for that around 18:00.  They also include a recommended price range in which to take the selection.  All in all, pleasantly simple so far!

Perhaps, one of the most common gripes with any laying system or service is that results are often quoted at SP or some other fanciful figure.  Not so with It’s Lay Time.  They proudly report their results to Betfair prices and even use a proofing service that allows you to check that the price was indeed available on Betfair prior to the race (which is a superb idea).

The monthly results for It’s Lay Time go all the way back to October 2006 and show both the good and the bad months.  I’m pleased to say there’s many more good months than bad, however, it’s nice to see a vendor who doesn’t shy away from the inevitable bad months.

The only thing about It’s Lay Time that I can’t make up my mind with is the recommended bank.  When it comes to laying, I like to have a large bank to withstand the inevitable losing run, however, It’s Lay Time recommend at least 35 points, which I guess means they are VERY confident (and as they report to have only have hit 4 losing bets this year I can’t blame them).

So, with the above in mind, I’ll be starting the trial with a bank of £1000 which I’ll split into 50 points making each bet a level stake of £20.  I’ll update results on a daily basis, so be sure to check back regularly.

Final Review

Right, we’ve spent a month with It’s Lay Time and now it’s time to wrap it up and stick my thoughts down on paper.

So, as a quick reminder, It’s Lay Time is a laying service with a private members area to log into each day to get that days selections.  They are a pretty selective bunch and there isn’t a bet every day – in the month of the trial we had eight no bet days.  The odds are generally middle of the road, going up to a maximum of 12/1 on the exchanges and that is undoubtedly a little high for some.  However, the good news is that It’s Lay Time have an admirable strike rate and before the trial started had only suffered four losing bets in 2009!

HR.ie’s trial started on a positive note, getting off to a flyer with no less than 28 consecutive winning bets.  That run was punctuated with a losing bet at 6/1 followed by four successful bets, another loser, this time at a slightly eye watering 11/1 followed by a successful end to the test with three final winning bets.

I layed every selection in the final minute before the official off time and the average odds achieved throughout the trial were 8.84 with the average price of the losing bets being 9.5, however with only two losers it’s hard to give that figure much weight.

The trial finished £355 (or 17.75 points) to the good based on £20 level stakes and with commission deducted at the full fat 5% which is good going by any standards.

As I mentioned earlier, the odds can be a little on the high side for some, and there’s no doubt that laying a stake at double figures can give some punters butt clenching moments, however, with a correctly set up bank and a solid strike rate, there’s no reason that laying at these prices won’t prove profitable.

Speaking of banks and strike rates, I set up a 50 point bank where It’s Lay Time recommend as little as 35 points (that would have resulted in over £500 profit).  Personally, however, I feel that’s perhaps a leaving yourself a little short, particularly for a novice punter where the idea is to set yourself up a big enough bank to ensure comfortable betting.  Having said that, It’s Lay Time is a service that has been independently proofed for over 18 months and show a healthy profit of £34500 over that period, so I’d think they’d know what they were doing.

Overall, I’d say if you don’t mind laying at middle of the road prices and can handle a couple of winners here and there and you like the security of a long term proofed service then It’s Lay Time is a fine addition to any portfolio.

Posted by Matt on March 30, 2009. Filed under Previews. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry