Greyhound Lays Review

Greyhound Lays is a new to market greyhound betting system which is being offered by Steve X. He claim that his approach can prove very profitable, all whilst allowing for betting pretty much any time of day.

Introduction to Greyhound Lays

I am a strong believer in the fact that I would much rather have a betting system than rely on a tipster service. The fact of the matter is that if you are reliant on a tipster service, you are 100% at the mercy of somebody else. I have seen far too many tipsters that have come and go because they’ve hit a bad run and refused to change up their approach. Which is fine if it’s just their money at risk. But with this comes seeing what others have lost.

With a betting system, you can be your own boss, make your own decisions, and make your own money when it suits you. Which is why today’s review subject, Greyhound Lays, looks like a pretty decent option. Because ultimately, Steve X is claiming that you can do all of this with his system. Factor in that you are looking at something of a niche market and there is some very clear appeal here.

With all of that said, it is ultimately Steve X’s job to sell his system. So of course he is going to make those claims about Greyhound Lays. The real question here is whether or not this is something that can deliver. If it can¸ given the pricing, this looks like an absolute bargain. But I have been in this game long enough to know that there is often disparity between the marketing and the reality. 

What Does Greyhound Lays Offer?

When it comes to a betting system, there are two different things that need to be considered when you talk about what is on offer. First things first, there is the product that you actually receive. This is something that I think a lot of people are quite quick to dismiss. The fact is that before you even look at what is involved, you should look at what you get.

In the case of Greyhound Lays, the answer is almost disappointingly simple. You see, what you are actually getting from Steve X is a 50 page manual. Now this is quite an interesting place to start really, because it is a pretty good indicator of what to expect.

Straight away, I feel like I should say that if there is one thing that rubs me up the wrong way, it is an overly bloated betting system. I am of the opinion that all of the content should in some way include value, and there is almost nothing frustrates me more than reading about some bloke’s trip down the bookies with his mate, what the weather was like, what colour his belt was… It’s a snore fest.

I’m in this industry to make a second income from betting. What I don’t need to know is every Tom, Dick and Harry’s life story. If you are going to include additional content, make sure it adds something. Live trading videos, checklists, reference sheets. These are all things that help you to implement a system.

I feel like this is quite important to establish because at just 50 pages Greyhound Lays is a pretty slim tome. Metaphorically speaking that is. It is actually a downloadable PDF document that Steve X provides, which in many ways is better. What does worry me a little though, is that this 50 page manual covers 3 different methods. That isn’t a whole lot of book to cover 3 systems.

Now this rather nicely leads into the second elements of Greyhound Lays which are what the book covers etc. As we’ve ascertained, Steve X actually gives you 3 systems. And you’d probably expect to see 3 lay betting systems. After all, it’s right there in the name. But that isn’t the case, you actually get 2 lay betting systems and a backing system. This is the first slightly concerning point for me.

But what exactly does the book cover? Well… In many respects, it seemingly covers everything. Steve X even says that if you buy Greyhound Lays he “will teach you everything from scratch. All that you  need to be able to do is follow simple instructions”. That is the first of a few different red flags that I see here.

You were already starting off with a manual in Greyhound Lays that is just 50 pages long for 3 different betting systems. That isn’t a particularly big book given the scope of what Steve X is offering. Then when you also factor in that (from what I have seen) he really is covering the basics, well, that is even less real estate dedicated to the systems themselves.

Now there are a few final points to be made here. First things first, Greyhound Lays is predominantly a lay betting system. This means that you will need an account with a betting exchange. Steve X recommends using Betfair which definitely makes sense to me. There is the most liquidity in these markets which is important for certain elements of the service.

You see, one of the things that is quite interesting about Greyhound Lays is that Steve X says that you can use this with both UK greyhound racing and Australian. This is a big part of ensuring that there is betting available pretty much throughout the day. But Aussie greyhound betting only really has decent liquidity on the bigger exchanges.

This only leaves a few final points to make. First things first, Steve X says that you can get started with Greyhound Lays using a bank of just £100. This combined with the price makes it one of the more affordable betting systems on the market. Of course, this is entirely scalable and we are told that if you want to make serious money, then you should probably have more than this. 

Secondly, we are told that you can expect to have 200 plus bets per day that you can bet on. Obviously, you won’t bet betting on all of these (unless you are incredibly dedicated). But it does mean that realistically, you will be placing a large number of bets if you are following Greyhound Lays. 

How Does Greyhound Lays Work?

One of the things that I always struggle with when it comes to a betting system and reviewing it is talking about how the service works. Because irrespective of what I think of a betting system, it has never really struck me as reasonable to simply talk in detail about something that is behind a paywall.

None the less, I do think that I can talk at least a little bit about what is involved with Greyhound Lays. Now, one of the first things that I want to talk about probably shouldn’t come as a surprise. Steve X’s book is just 50 pages long. And not surprisingly, you can’t really fit anything particularly complex into this.

Furthermore, the systems that this includes are pretty far from unique. I don’t think it would be fair to say that I have seen exactly the same thing available elsewhere. But I have definitely seen similar systems before now. And this honestly applies to both lay betting systems, and the backing one. Inherently, that doesn’t have to be a bad thing. But I do think it is important to keep that context when you are considering Greyhound Lays.

Ultimately, I will say that I can see how the ideas work in theory. As I’ve said, this kind of thing isn’t really anything that new. I also believe that it does carry some risk, simply because of how lay betting works. There is a lot of potential to have quite significant drawn-down if a series of bets doesn’t go your way. And because this is ultimately a self selection system, that is a strong possibility.

What is the Initial Investment?

Now, one of the single most appealing elements of Greyhound Lays is of course the pricing. I have made several allusions to this, and at a one time cost of just £35, you can very easily see why this is appealing. The fact of the matter is that this is a lot less than you might pay for other betting systems on the market.

On top of this, you also get full access to a 60 day money back guarantee in place. And because Steve X is selling this through Clickbank, it means that you shouldn’t have any problems claiming this if you are so inclined. 

What is the Rate of Return?

In terms of the income potential for Greyhound Lays, the key selling point is that you can expect to see some pretty substantial profits. Although, these don’t come from Steve X himself, so much as the affiliate marketing. This shows claims of making £228 in an hour, all the way to £100-£200 per day.

This is all backed up by a screenshot which is on the Greyhound Lays website. Here, Steve X shows that he has bet on 13 races which have produced 12 winners and 1 loser (at a relatively low odds of a shade over 3.0).  

Realistically though, this is a self selection betting system. Your mileage will vary hugely depending on which of the systems you are following, the number of  bets you are placing,  and how much you are staking on each bet.

Conclusion for Greyhound Lays

There is one very big difference when it comes to buying a betting system compared to a tipster service, and that is… Well, to be frank, it’s user error. You see, it is rather difficult to get a tipster service wrong. You place the bets that you are told to place and in theory, it’s that easy. Of course, there are more subtleties to it than this, but that’s the gist of it.

With a betting system, you are very much on your own. This isn’t necessarily a problem when you have a well written service that guides you through everything step by step. But the problem is that Greyhound Lays doesn’t really meet this criteria in my opinion.

It isn’t necessarily that it is the worst written betting system that I have ever looked at, but it is a long way from good as well. What I will acknowledge is the fact that Steve X does offer his support if you find that you are struggling with the system, so that at least counts for something.

One of the biggest problems for me here though all comes when you put Greyhound Lays into a wider context. Sure, it isn’t the worst thing I’ve ever looked at by any stretch of the imagination. That is reserved for some of the more highly questionable tipster services that I have looked at before now.

And I can at least see how this works in theory. So that is at least something. And I could wrap this up there and say that it just isn’t too bad. But again, you have to put Greyhound Lays into context. Unfortunately, when I compare this to some of the bother betting systems that are out on the market at the moment, it just isn’t good enough.

Here’s the thing. On this site, we have looked at more than 1,000 betting systems. Very few of them have been what I would call really good. Those that are, are happily endorsed and recommended. Greyhound Lays isn’t even close to being one of those systems. Now admittedly, it is also a lot cheaper, but this is very much a case of getting what you pay for.

The fact of the matter is this. I would much rather pay (ultimately, not a lot) more for something that actually works, and works well. For a system that actually warrants its costs. Rather than paying £35 for something that is just… Well, very lacklustre.

Because here’s the thing. I’m not really convinced that the numbers claimed are realistically feasible here. As I’ve mentioned, there are just too many variables. And even Steve X only provides one day of evidence. If these kinds of results were repeatable on a frequent basis, why wouldn’t this be demonstrated?

With all of this in mind, I don’t think that I’d really recommend Greyhound Lays. The fact is that there are much better products on the market. Things that can demonstrably work. Sure, you might pay a bit more for them, but I would much rather pay for a long term betting solution that works rather than something that’s… Well, just a bit basic and not really anything new.

So, what you really have here is a new service that… well, it just isn’t that new (in my opinion). It isn’t particularly good as a standalone service, and it isn’t particularly good compared to other products on the market. Yes, it’s cheap, but you are definitely getting what you pay for in my opinion.

 

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From: Simon Roberts