The Lay Bet Tipster is a horse racing tipping service that provides daily lay betting tips for Betfair Exchange.
They reported some very promising results during their six months of proofing at Betting Gods, with 79.8 points profit at an ROI of 8.23%.
At the time that we started our review, they were yet to have a losing month and had already achieved a bank growth of 79.8%.
The service was very easy to use, as the bets can either be placed at the time you receive the email or message or they can simply be placed at Betfair SP.
They record their results based on 1 point (liability) stakes at maximum odds of 8.00. Since they launched the service in April 2022, the odds have averaged at 5.31.
We followed the service for four months and reported our results on a monthly basis.
Read on for our full Lay Bet Tipster review, or click here to get started.
| Review Stats | +3.96pts profit, 5.7% ROI, 82.4% SR |
| Stakes | Level 1 point stakes |
| Starting bank | 100 points |
| Average no. bets | Approx. 4-5 per month |
| Time of emails | Morning 7.00-8.00am |
| Price | £0.99 for 10 days then £27 per month |
| Rating | Neutral |
Month One Update
There were just five bets that qualified in the first month of our Lay Bet Tipster review, but the filters did their job as it was a 100% strike rate with all five lays returning a profit.
There were other bets sent out, but the tipster advises to lay up to maximum odds of 8.00 so there were quite a few that were discarded.
We finished the month with 5 points profit (commission to be deducted) at an ROI of 19%.
Key Stats
| BSP (before comm.) | |
|---|---|
| Number of Bets | 5 |
| Total Stakes (pts) | 26.36 |
| Profit/Loss (pts) | 5.00 |
| Profit/Loss (£10 stakes) | £50.00 |
| Strike Rate | 100.0% |
| ROI | 19.0% |
| Overall Bank Growth | 5.0% |
| Bank (100pt starting) | 105.00 |
Results
| Date | Race | Bet | Stake | BSP Odds | P/L | Bank |
|---|---|---|---|---|---|---|
| 14/11/2022 | 19:00 Wolverhampton | Basholo | 1.00 | 6.40 | 1.00 | 101.00 |
| 24/11/2022 | 15:28 Kelso | Maid Of Houxty | 1.00 | 8.00 | 1.00 | 102.00 |
| 28/11/2022 | 20:25 Wolverhampton | Tea Garden | 1.00 | 5.60 | 1.00 | 103.00 |
| 09/12/2022 | 14:00 Wolverhampton | All In The Hips | 1.00 | 6.13 | 1.00 | 104.00 |
| 10/12/2022 | 16:20 Wolverhampton | Carlotta | 1.00 | 5.23 | 1.00 | 105.00 |
Month Two Update
It was another quiet month for The Lay Bet Tipster with just two bets qualifying below the odds of 8.00. As one of them lost, it ended up being a small loss of 0.38 points for the month.
With concern growing about the number of bets for the service, we decided to get in touch with Betting Gods. They quickly responded to let us know that this tipster focuses on flat racing, which wasn't due to start for another couple of months.
That explained the low volume, so we planned to keep our review running for an extended period to make sure we included some flat racing results.
Key Stats
| BSP (before comm.) | |
|---|---|
| Number of Bets | 2 |
| Total Stakes (pts) | 6.18 |
| Profit/Loss (pts) | -0.38 |
| Profit/Loss (£10 stakes) | (£3.80) |
| Strike Rate | 50.0% |
| ROI | -6.1% |
| Overall Bank Growth | 4.6% |
| Bank (100pt starting) | 104.62 |
Results
| Date | Race | Bet | Stake | BSP Odds | P/L | Bank |
|---|---|---|---|---|---|---|
| 13/12/2022 | 14:43 Southwell | Golden Dove | 1.00 | 5.80 | 1.00 | 106.00 |
| 06/01/2023 | 12:45 Kempton | Tollerton Forest | 1.00 | 2.38 | -1.38 | 104.62 |
Month Three Update
The quantity of bets for The Lay Bet Tipster seemed to be picking up, with a few more selections than the previous two months. Unfortunately, this didn't translate to more profit and we finished the month with 2.66 points lost.
In total we were showing a 2% bank growth for the three months, so it had been very slow going. As mentioned in our previous update, we hoped that the service would spring into action once the flat racing season got going.
Key Stats
| BSP (before comm.) | |
|---|---|
| Number of Bets | 8 |
| Total Stakes (pts) | 30.46 |
| Profit/Loss (pts) | -2.66 |
| Profit/Loss (£10 stakes) | (£26.60) |
| Strike Rate | 75.0% |
| ROI | -8.7% |
| Overall Bank Growth | 2.0% |
| Bank (100pt starting) | 101.96 |
Results
| Date | Race | Bet | Stake | BSP Odds | P/L | Bank |
|---|---|---|---|---|---|---|
| 16/01/2023 | 16:20 Wolverhampton | Densetsu | 1.00 | 3.20 | 1.00 | 105.62 |
| 23/01/2023 | 15:10 Southwell | Danni California | 1.00 | 5.94 | -4.94 | 100.68 |
| 25/01/2023 | 15:30 Newcastle | Lilikoi | 1.00 | 4.72 | -3.72 | 96.96 |
| 26/01/2023 | 13:35 Southwell | Gincident | 1.00 | 3.80 | 1.00 | 97.96 |
| 26/01/2023 | 14:10 Southwell | Zip | 1.00 | 5.00 | 1.00 | 98.96 |
| 31/01/2023 | 17:00 Southwell | Velma | 1.00 | 3.30 | 1.00 | 99.96 |
| 31/01/2023 | 18:00 Southwell | Glorious Angel | 1.00 | 7.80 | 1.00 | 100.96 |
| 07/02/2023 | 19:00 Wolverhampton | Farhh To Shy | 1.00 | 4.70 | 1.00 | 101.96 |
Month Four Update
There were just two selections that qualified during month four of our Lay Bet Tipster review and they were both winning lay bets, so we made the full 2 points profit minus commission.
Key Stats
| BSP (before comm.) | |
|---|---|
| Number of Bets | 2 |
| Total Stakes (pts) | 6.63 |
| Profit/Loss (pts) | 2.00 |
| Profit/Loss (£10 stakes) | £20.00 |
| Strike Rate | 100.0% |
| ROI | 30.2% |
| Overall Bank Growth | 4.0% |
| Bank (100pt starting) | 103.96 |
Results
| Date | Race | Bet | Stake | BSP Odds | P/L | Bank |
|---|---|---|---|---|---|---|
| 17/02/2023 | 16:20 Lingfield | Anisoptera | 1.00 | 3.30 | 1.00 | 102.96 |
| 20/02/2023 | 17:30 Newcastle | Evolicatt | 1.00 | 5.33 | 1.00 | 103.96 |
Review Summary
It had been a very slow moving review of this service as there were just 17 bets that qualified during the four months that we were following it, which was an average of 4-5 bets per month.
The tips delivered 3.96 points profit at an ROI 5.7% overall, with 14 out of 17 of them returning a profit.
Whilst we were happy to see a high strike rate and a profit banked, it would have been difficult to cover the cost of the subscription using our standard £10 stakes.
The starting bank had been advised at 100 points, so £10 stakes would need £1,000 to start with. If we had a £5,000 starting bank we would have made £198, which still wouldn't have been a huge amount of profit minus the commission and fees.
Key Stats
| BSP (before comm.) | |
|---|---|
| Number of Bets | 17 |
| Total Stakes (pts) | 69.63 |
| Profit/Loss (pts) | 3.96 |
| Profit/Loss (£10 stakes) | £39.60 |
| Strike Rate | 82.4% |
| ROI | 5.7% |
| Overall Bank Growth | 4.0% |
| Bank (100pt starting) | 103.96 |
Being selective isn't a bad thing but we wondered if a smaller starting bank may have worked out better for this service.
It seems pretty low risk and it could allow us to stake higher and make more of a profit. We assumed the tipster chose a 100 point bank based on drawdown in past results, but maybe that wasn't the case and he was just being ultra careful.
We decided to give the service a neutral rating as it did make a profit but it was just a small amount over four months.
