Well, if you follow my lay bets you will have suffered the same kick to that 'tender area' as me today! Ten points lost after two favourites came in against us.
I made a small profit with one winner at 7/2 from four win bets, but let's examine the damage made by those losing lay bets.
First up, Quick Release won at Chester. I managed to lay this horse at 3/1 which was significantly below the Starting Price of 4/1 so I was happy with this. I know it hurts at the time when the horse wins, but if you can look back and see that you have laid a horse below the SP, and be content with that, then you are starting to think like a professional. Lay horses below SP and you will make profit long-term.
Second selection was Gothenburg at Newbury. He was stepping up in class compared to his previous run in a class 5 maiden, and also moving into handicap company. I did not think a price shorter than evens was representative of his true chance of winning, and I went against him for 7 points. The horse proved me wrong on this occasion and he improved to win comfortably.
A solid performance from the Win Bet account this week, turning in around 5 points profit. But the Lay Bets had a pitiful week, making a big dent in the balance with 18 points lost. No excuses, such results do occur, and it's always a wrench to give back such a large chunk of your winnings in one go. But this is part and parcel of my betting diary, and I will continue to show you how fortunes can twist and turn, warts and all.
Profit for the week: Win Bets 5pts, Lay Bets 18pts loss