The Evolution of a Profitable Punter What do you do if you're following a racing tipster that provides each way selections? An each way bet, being two separate wagers, should hold value for both the win part of the bet and the place part. Trouble is, the odds offered by an Exchange for the place are often considerably shorter than those you would get if placing the bet through a bookmaker. Taking a long term view, I have to confess that the idea of not securing value on what essentially is a large proportion of my bets troubles me, and it should bother you too. As ever though, there is always more than one way of skinning a cat. Allow me to use my experience with [tipster revealed to SBC members] service to explain. After taking guidance from the tipster, I settled last season on a strategy that involved the placement of in-running lays on the bets I struck using Betfair. I would stick the lay in somewhere just above the 2.0 level, meaning that if the horse looked like it had a 50%+ chance of winning, my lay would be matched and an equalised profit returned, regardless of whether or not the horse went on to win (you'd be surprised how many horses go odds on in running but don't cross the line first). Here are the official [tipster revealed to SBC members] results from the last two seasons. The first set of figures quoted are the official figures gained by using bookmakers… Total staked: 236.25pts Total profit: 69.66pts Total ROI: 29.48% And now using the strategy of using in-running lays as discussed… Total staked 236.25pts Total profit: 83.08pts Total ROI: 35.16%. Season 2012/13 was a quite spectacular one for the in-running lay strategy, running at an overall ROI of 63%, which I can't imagine is anything other than a bit of an anomaly and certainly not to be treated as the norm. | 
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