Michael´s Place Lay Formula Review
Name: Michael´s Place Lay Formula
Price: £69.99
Type: Laying Betfair System
Win rate: 85%+
Rating: 9/10
Another one from pile of horse racing systems that is very much talked about is Michael´s Place Lay Formula. Makers are promoting it saying it has a 85% of successful lays in the Betfair. And we are talking lays in place market. Outcomes are frequently updated on their sales page and you can see a steady profit pouring in. But is it another scam with bombastic pdf manual?
Michael´s Place Lay Formula system
Although salespage is not, in our opinion, very well done in marketing terms, Michael´s Place Lay Formula attracted us for the very same reason. We all had a few bad buys on bombastic claims, but it turned out we were not schemed again. Michael´s Place Lay Formula is definitely not one of those 3 minute fast systems designed to rip you off.
Michael´s Place Lay Formula will cost you £70 and besides the system pdf you will also get a month of their service. Service consists of giving you qualifying races each day, so you don’t have to bother with that part of system. If you decide to continue with this service it will cost you £15 each month. Why are they not giving out the selections? Well, its because selections are made close to the off, and it would be impossible to send them in advance. So this already tells you that Michael´s Place Lay Formula is not for those who wish to bet in the morning and then forget about it. You must be in front of your computer close to race start and watch Betfair prices.
Michael´s Place Lay Formula manual if a 32 page pdf. After we have read it, we had to say that it is a very logical, common sense system. Manual is not filled with useless crap on how to place a lay bets on Betfair and such nonsense. You can find that info on dozens of websites for free. The manual starts with system idea and rules on first page.
You have eight rules with which you make your selections. These are not difficult to find info, and you have an example of each rule with pretty pictures taken from Betfair. But you will be making your final decision on selections just before the „off“. That is why we recommend to test this system with minimum bets first. When you get the grips, then you can start betting your normal bets. Why are we pointing this out? Well, as we were making a first selection with Michael´s Place Lay Formula system rules, we had to check rules once more, and the race started, and it would be a winning selection, but we never made the bet because we were to slow. Try it for a day or two, you will not miss a fortune in 2 days even if all bets would be winning.
What else is there in the Michael´s Place Lay Formula manual? Well, you get a staking method. This is actually a method for increasing profits, since its very unlikely you will get more than 3 losing bet in a row. And you then get back to normal stakes after each winner. Nothing special, but will give you an additional 10-20% profit.
If you are subscriber to their race selection, you can see results of bets very fast after the race. This is rather helpful to check if you are making the right selection. Though you will not get 100% same bets as the author, you should get at least 90%. We also checked their email service, just to see if they will respond fast enough, and they did. So you can expect the same.
There have been many lay horse racing systems since Betfair made it possible for us to „be a bookie“. Many of which failed miserably, though they claimed high profit and strike rates. But the problem was, and still is, that laying is good as long as you don’t hit a winner because you might wipe out all profits and even more. Michael´s Place Lay Formula system is not that kind of horse racing system.
Michael´s Place Lay Formula results
I must admit I was impressed from the first page of Michael´s Place Lay Formula pdf. Rules are not hard to follow, though you need to practice a bit. Once you start betting rules will become an instinct. All you will need will be right there on Betfair.
You will get 1-3 selections per day usually (under 1.5 on average). We have run a test for 8 weeks (this is considered a long enough time for any betting system test in our opinion). We tested Michael´s Place Lay Formula using their recommended staking plan.
We had 91 bets, out of which 77 were winning lays or almost 85% good lays. Lay price was 4.27 on average. After those 8 weeks we profited little over 30 units. So that is half a unit per day.
So are we recommending Michael´s Place Lay Formula? Oh, yea we are. It passed with flying colours. If it was „fire and forget“ we would be making it perfect grade, this way – 9/10.
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