The idea is to pick favourites at short odds in horse races where I think they will lose. I will lay the favourite in that particular race and if they lose will then double my money. If they win then unfortunately I will have lost but as a favourite the odds I will need to pay out on should be relatively low.
I'm going to be committing £50 to the project with the stake likely to range from £5-£10 for each race. Betfair are the best bookmaker when it comes to laying so i'll be using my account with them for all bets placed.
New post coming soon of the first bet I will be making as part of this project!
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