They offered a £1000 prize for any member whose system showed a profit for 4 consecutive months. To date the only winner of the prize has been a guy called Eddie McLung whose winning system is called appropriately Prize Lays. The evidence that this system works is that it has been proofed by the Racing Investor Clubs members.
Eddie has been using his system for the last 18 months and in that there have only been 2 months in which failed to show a profit. Overall to a level stake of £100 it has shown a profit to date of £27,000. Eddie calculates that the system generates an average of 84-85% success rate with November 2008 ending as high as 90%. With proofed figures like that you really do need to take a look at Prize Lays.
The basic system involves laying Racing Post favourites to
lose and applies to all forms of racing in the
find your selection.
A couple of the filters involve trainer and jockeys statistics and I found that by producing a chart of the main trainers and jockeys with their percentage wins could speed up the selection process. Like most systems the more familiar you become with it the easier it is to apply.
The proof of any system is how effective it is and what is its potential for making long term profits. I would give this system a big yes on both counts. The past results, well proofed by the Racing Investors Club show how consistent the Prize Lays Systems is there is no reason why it should not remain so.
Integral in the system are rules about the price of the lay bets, 7/1 being the maximum and Eddie says that to date the average price of his losing bets has been 5.45 (9/2). If you do the sums you will see this is not a system that is going to make you rich overnight but all things being equal it should continue to show you a steady and consistent profit.
I have to confess this is the type of horse racing system that I like. It is proven, does not require huge risk or investment and you do not have sit hunched over your computer while racing is on. It is ideal for those people who have to be doing other things, like work, during racing.
I shall be adding it to my portfolio of horse racing systems
and I suggest that you consider doing the same.
