Dear Friend

If you have a maximum price at which you`ll lay, its a good idea to set your liability to a manageable figure. You can base a fixed liability around the stakes you’ve allocated in your betting bank.

For example, if your maximum lay odds are 4.00 and you want to risk no more than £10 per lay, simply click the liability link on your BETFAIR bet slip, type in 10 and hit Okay.

Betting this way can help keep loses to a minimum, and won`t leave you overexposed on any single bet. Obviously, with laying you need to have a decent strike rate to compensate for the losing bets.

This means that if you have a maximum liability of £10 and you lay at odds of 11.00 (10/1) then your actual stake would not be accepted by Betfair, because it would be below the £2 minimum stake requirement.

In other words, you would not be able to place this bet unless your maximum liability was £20. Having said this, you'll be pleased to know we recommend you never lay anything over 6.00 anyway. 

Although it is possible when using the Reverse Dutching Plan: one of the proven lay staking plans you get as a member of the false favourites tipping club. We have 5 lay staking plans in all; which are yours to keep when you join.

You can work out the bankroll you would need by determining the maximum odds you are prepared to lay at, and the percentage of your bankroll you would be prepared to risk. 

If you are going to lay up to odds of 5.00 (4/1) and you only want to risk 1% of your bankroll, then…

The minimum stake on Betfair is £2. At odds of 5.00 you'd be risking £8 maximum per bet.

If £8 is 1% of your bankroll then your bankroll needs to be £800. You can use this method to calculate the minimum bankroll that you need in order to be able to lay bet to fixed liability.

As the odds go down the stakes goes up. 

The odds are based around using £10 stakes per lay. Obviously you can use any stake size you like and calculate other odds; however it’s important at all times to divide your betting bank by 100 points to give you the figure at which you should set each stake, initially.

Lay @ 4.00 - set your stake to £3.34 Liability = £10.00
Lay @ 3.50 - set your stake to £3.80 Liability = £10.00
Lay @ 3.00 - set your stake to £4.75 Liability = £10.00
Lay @ 2.50 - set your stake to £6.67 Liability = £10.00
Lay @ 2.00 - set your stake to £9.50 Liability = £10.00

After all, we are the cheapest online, at just  £3.60 per month for an annual membership.  That works out at just - 90 pence a week!

To join us simply follow the steps below:

I`m sure you`ll agree, at just £3.60 a month, we are with out doubt the cheapest tipping service online, but still one of the most profitable!