Video Summary

The concept of laying odds of 101 to potentially profit in the long term has been debated among traders, with some claiming it's a profitable strategy while others are skeptical. The author of this article decided to investigate and create a rudimentary experiment to figure out if laying odds of 101 consistently can be a profitable strategy. They searched the internet for data on the subject but found little reliable information, only one article on a website called “The Game Hunter” which discussed horse racing trading and showed that laying at odds of 101 led to a profit over a two-year period, despite significant losses. The author notes that the data is old and not necessarily reflective of current market behavior.

To further test the strategy, the author decided to place a large number of bets in various markets, aiming to match at least 101 and then track the results. They started by implementing a plan to lay the under 2.5 goals market at 101 in soccer matches, with a 10-pound stake and an intention to keep each bet in play for the entire game. The author also notes the importance of being at the front of the queue to avoid being sat behind tens of thousands of pounds waiting to be matched.

After placing a few bets, the author found that it was a slow process and decided to use their sports trading software to automate the process, allowing them to place hundreds of bets quickly. On Saturday, they placed 10-pound lay bets in 497 markets, with a maximum risk of 49.88 pounds. Upon reviewing the results, the author found that 137 bets had matched, resulting in a loss of 13.60 pounds. While the results were disappointing, the author noted that the experiment was still in its early stages and that further testing would be necessary to determine the effectiveness of the strategy.