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The record, explained

Lay betting results methodology

A clear guide to what we publish, how results are counted, and why the numbers need context.

Methodology updated 1 October 2026By Andy NesbitEditorial policy
01

What the public record shows

Two kinds of record appear on our Results page. Read each on its own terms.

Current research

Confirmed horse outcomes

Published research is followed by the horse’s confirmed result. DID NOT WIN means the horse was beaten; WON means it won. Original assessments and frozen Reference Odds remain unchanged.

Research outcomes do not enter the historical tracker’s bank or P/L calculations.

Historical betting record

Published PLAY selections

The earlier record counts final public PLAY rows, with lay wins, lay losses, voids and settled strike rate. The visible Google tracker supplies the shared bank and P/L figures.

These figures model the tracker record and manual stake overrides; they do not confirm that every suggested bet was placed.

Historical record at a glance

From 2 May 2026
Published picks
1,400
Settled lays
1,375
Lay wins
1,190
Lay losses
185
Voids / non-runners
25
Strike rate
86.5%

Record data updated through 23 October 2026.

Inspect the full public record
02

Outcomes and counting rules

For a lay, a beaten horse is the favourable result. A horse that wins is the downside outcome.

DID NOT WIN

The horse was beaten

Shown as a lay win in the historical betting record.

WON

The horse won the race

Shown as a lay loss in the historical betting record.

How the historical record counts each status

Lay win
The selected horse did not win.

Included in settled strike rate and historical P/L.

Lay loss
The selected horse won.

Included in settled strike rate and historical P/L.

Void / non-runner
The selection was void or did not run.

Visible in the record; excluded from settled strike rate. Zero P/L.

Pending / review
A clean, confirmed result is not yet available.

Excluded from settled totals until resolved.

SKIP
No final historical lay recommendation was published.

Excluded from the published betting record.

Voids and non-runners remain visible. Excluding them from settled strike rate does not erase them from the archive.

03

Strike rate is only part of the picture

Strike rate describes how often a settled historical lay selection did not win its race.

The calculation

Lay wins ÷ (lay wins + lay losses) × 100

In the current historical record: 1,190 ÷ 1,375 = 86.5%.

Why liability matters

Losses depend on odds as well as stake. A high strike rate can still produce a losing financial record.

Check lay liability

Illustrative example · before commission

Lay stake
£2
Decimal odds
6.0
If the horse is beaten
+£2
If the horse wins
−£10

Liability = £2 × (6.0 − 1). Commission and your actual matched odds affect your own result.

04

Reference prices and settlement

Published prices provide context

Published lay odds are the historical reference price. Your personal bet P/L uses your actual matched odds and stake. New research retains its frozen Reference Odds as published context.

A later odds move does not cancel a published PLAY

A historical published PLAY settles from the race result, even if its lay odds fall by 50% or more. Price movement cannot undo an already matched bet.

Example: a published price of 6.0 later falls to 3.0. The selection still records a lay win if the horse is beaten, or a lay loss if it wins.

05

Follow the numbers back to the record

Read individual selections alongside the monthly totals. Explained voids and losses are part of that history.

06

Common questions

How does Lay Picks calculate lay betting strike rate?

Historical strike rate is lay wins divided by lay wins plus lay losses. Only settled public PLAY recommendations enter this calculation. Voids, non-runners, SKIPs, pending rows and review-needed rows are excluded.

What counts as a lay win?

A lay win means the selected horse did not win the race. The horse can place or finish unplaced; the lay result depends on whether it wins.

What counts as a lay loss?

A lay loss means the selected horse won the race. The downside depends on the lay odds and liability, not just the stake.

Are research outcomes the same as betting profit and loss?

No. Current research outcomes describe the horse's confirmed result: DID NOT WIN, WON, VOID or Pending. Original research assessments and frozen Reference Odds remain unchanged. These outcomes do not feed the historical tracker bank or profit-and-loss calculations.

Are non-runners and voids included in strike rate?

No. Voids and non-runners remain visible in the record but are excluded from settled strike rate and contribute no profit or loss. Pending or review-needed rows are excluded until a clean result is known.

Does a 50% odds drop void a published selection?

No. The automatic price-drop VOID rule was retired on 7 September 2026. Published PLAYs remain on the record and settle from the race result. Personal bet profit or loss uses your actual matched odds. Historical voids remain documented under the rules that applied at the time unless explicitly corrected.

Keep the context alongside the numbers

Make sense of the record before taking the next step.

How Lay Picks works

Explore the research and member workflow.

Keep your own record

Track personal stakes, bank movement and liability.

Access and pricing

Review the options at your own pace.

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Lay Picks is for informed adults who want a clearer research routine. It is research and tracking software only, never automatic betting. You stay responsible for every manual decision. 18+ only. Read the risk disclaimer.