Early days, but I have been laying the 'false favs' for 2 weeks or so now. Currently 18 winners (successful lays) out of 20. Average winning lay odds are $3.40 and average losing lay odds are $3.06. Lowest odds layed $2.50 and most around the $3.00 to $3.50 area. Of the winning lays 7 have come 2nd and 7 have come 3rd but the fields are usually 8 runners or less. I do not lay above $4.50 bar one occasion.
I have been quite conservative with most days only 1 lay. I have picked out several odds-ons for lays but have not put money on them as yet.
An observation for the English races is small fields produces a number of odds-on favs and some very strange results occur. Including last night where a 1/8 on fav lost...in a 2 horse race. Might just be a phenomena of the jump races though.
I might update results every 10-20 bets.
Still looking for Australian long-term race data showing percentage of favs winning at Australian tracks.
