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How to Use Race-AI: Complete Guide

Everything you need to know to start making tax-free profits with AI lay betting

Published: 20 Oct 202512 min read

Race-AI is an AI-powered platform that analyzes horse racing data to identify profitable betting opportunities, with a particular focus on lay betting - betting against horses to lose or not place.

Our AI has achieved a 79% success rate with lay selections, helping members build tax-free second incomes from £500 to £3,500+ per month.

What You'll Learn

  • • Getting started with Race-AI and Betfair Exchange
  • • Understanding the dashboard and AI predictions
  • • How to read confidence scores and profit probability
  • • Placing win bets, place lays, and win lays
  • • Managing your bankroll and calculating stakes
  • • Using Lucky 15 multiples for bigger returns
  • • Tracking performance and building tax-free income

1. Getting Started

Step 1: Create Your Betfair Exchange Account

Race-AI requires a Betfair Exchange account (not Betfair Sportsbook). The Exchange allows you to lay bets (bet against horses), which is where our AI's 79% success rate comes from.

Important: Traditional bookmakers don't offer lay betting. You MUST use Betfair Exchange to access Race-AI's most profitable selections.

Step 2: Choose Your Race-AI Subscription

Weekend Warrior

£19.99/mo

  • ✓ Weekend access only (Sat & Sun)
  • ✓ All AI selections
  • ✓ Win & Lay betting
  • ✓ Perfect for casual bettors
MOST POPULAR

Standard

£29.99/mo

  • ✓ Full 7-day access
  • ✓ All AI selections
  • ✓ Lucky 15 multiples
  • ✓ Best value for serious income

Step 3: Log In to Your Dashboard

Once subscribed, log in to access your personalized dashboard where all AI selections are displayed daily from 12:30pm UK time.

2. Understanding Your Dashboard

The Race Card - Your Key Decision Tool

Each race card shows the AI's predicted race outcome with potential winners listed first and less likely horses last. The race card is displayed before the race starts and provides crucial information for your betting decisions.

  • Course & Time: e.g., "Newmarket 2:30"
  • Race Type: Flat, National Hunt, handicap status
  • Number of Runners: Affects place terms (2, 3, or 4 places pay)
  • AI Selections: Win picks, place lays, and value lays highlighted
  • Predicted Order: Horses ranked by AI probability (most likely winner first, least likely last)

Using Steamers to Refine Your Selections

"Steamers" are horses whose odds are shortening rapidly due to market support (money coming in). This indicates confidence from other bettors and can be a useful signal when combined with the AI's analysis.

Pro Strategy: If a place lay selection is showing strong market support (steaming odds) AND appears high up on the race card (positions 2-3) AND the horse analysis looks positive, you may want to disregard that lay selection. The market movement suggests the horse has a better chance than originally predicted.

Check Previous Days' Performance

Important Rule: Before placing win bets, check the results from the previous days. If we haven't had win selections succeed in the last week, consider avoiding win bets that day and focus on place lays instead. Recent performance trends matter.

Understanding AI Confidence Scores

Confidence Score Breakdown:

75%+

High Confidence

Strong AI conviction - prioritize these selections

60-74%

Medium Confidence

Solid picks with good value

50-59%

Lower Confidence

Consider only if value odds available

Profit Probability

Each selection shows a Profit Probability % - this combines the AI's confidence with the current market odds to calculate your expected value. Higher profit probability = better value bet.

3. Understanding Race-AI's Bet Types

Win Bets (BACK to Win)

Traditional betting - you're backing a horse to win the race.

Example:

Selection: "Tiger Roll" at Cheltenham 3:00
Confidence: 78% | Odds: 6.0
Stake: £10 to WIN £50
Profit if wins: £40 | Loss if doesn't win: £10

Success Rate: Our AI achieves 28% win rate - matching top professional tipsters

🍞 THE BREAD AND BUTTER STRATEGY

Place Lays (LAY NOT to Place) - Our Unique Edge!

Place lays are the real bread and butter of Race-AI - this is where consistent profits come from. You're betting AGAINST a horse finishing in the place positions (top 2, 3, or 4 depending on runners).

Example:

Selection: "Favorite Horse" at Ascot 2:15 (16 runners - top 4 places pay)
Confidence: 82% (AI identifies horse is overvalued)
Lay Odds: 2.5 on PLACE market
Stake: £10 (Liability: £15)
Profit if doesn't place (finishes 5th or worse): £10
Loss if places (finishes 1st-4th): £15

Success Rate: 79% - This is where Race-AI excels! Our AI identifies overvalued horses that the market has mispriced.

Win Lays (LAY NOT to Win)

Betting AGAINST a horse winning the race. Typically used for short-priced favorites our AI identifies as overvalued.

Example:

Selection: "Overpriced Favorite" at Newmarket 4:00
AI Analysis: Market has overvalued this horse
Lay Odds: 2.8 on WIN market
Stake: £10 (Liability: £18)
Profit if doesn't win (2nd or worse): £10
Loss if wins: £18

4. How to Place Bets on Betfair Exchange

Step-by-Step: Placing a Win Bet

  1. Click the Race-AI selection to open Betfair Exchange
  2. Find the horse on Betfair's race market
  3. Click the BLUE box (BACK odds) to bet on the horse to WIN
  4. Enter your stake amount
  5. Confirm the bet

Step-by-Step: Placing a Place Lay

  1. Navigate to the PLACE market tab (NOT the win market)
  2. Find the horse you want to lay
  3. Click the PINK box (LAY odds) to bet AGAINST the horse placing
  4. Enter your stake amount (note the liability shown)
  5. Confirm the lay bet

Understanding Liability: When laying, your "liability" is the amount you'll lose if the horse places. This is automatically calculated by Betfair. Always ensure you have sufficient balance to cover the liability.

Each-Way Terms (Place Markets)

The number of paying places depends on the number of runners:

  • 2-4 runners: Win only (no place market)
  • 5-7 runners: Top 2 places pay
  • 8-15 runners: Top 3 places pay
  • 16+ runners (handicaps): Top 4 places pay

5. Bankroll Management & Risk Control

Proper bankroll management is crucial for long-term profitability. Here's our recommended approach:

The 1-2% Rule

Never risk more than 1-2% of your total bankroll on a single bet.

Critical: Liability Caps for Lay Betting

When laying horses, your liability (the amount you'll lose if the horse wins/places) can be much higher than your stake. Always set sensible caps to limit your exposure:

  • Place Lays: Cap liability at £10-12 maximum per bet. This keeps your downside manageable even if a lay loses.
  • Win Lays: Cap liability at a reasonable level based on your bankroll (e.g., 2-5% of total bankroll). Never exceed what you can afford to lose on a single race.
  • Monitor Total Exposure: Keep track of your total liability across all active lays. Don't overextend yourself across multiple races.

Critical: Recommended Maximum Odds for Lay Bets

We strongly recommend the following maximum odds limits for lay betting to manage your risk effectively:

  • Win Lays: Maximum 9.0 decimal odds (8/1 fractional). Higher odds create excessive liability risk.
  • Place Lays: Maximum 12.0 on the PLACE MARKET BSP (not the win price!). A horse might be 100-1 to win, but the place market odds would be around 20-25.0 - skip these.

Race cards now display warnings when selections exceed these thresholds. If you see an amber warning, consider skipping that selection or reducing your stake significantly.

Example Bankroll Stakes:

£500 bankroll:£5-10 per bet
£1,000 bankroll:£10-20 per bet
£2,500 bankroll:£25-50 per bet
£5,000 bankroll:£50-100 per bet

Scaling Your Stakes

As your bankroll grows from profits, gradually increase your stakes proportionally. Many successful members start with £500-1,000 and scale up to £5,000+ over 6-12 months.

Pro Tip: Higher confidence selections (75%+) can justify slightly higher stakes within your 1-2% rule. Lower confidence selections should use the minimum stake.

Advanced Risk Management Rules

Essential Risk Controls:

1. Daily Loss Limits

Set a maximum daily loss limit (e.g., 5% of bankroll). If you hit it, stop betting for the day. Chasing losses is the fastest way to destroy your bankroll.

2. Maximum Concurrent Lays

Limit the number of active lay bets you have running simultaneously. Having 10+ lays active at once multiplies your risk. Consider capping at 5-8 concurrent positions.

3. Avoid Emotional Betting

Stick to the AI's selections and confidence scores. Don't increase stakes after losses or deviate from your strategy based on gut feelings.

4. Track Your Actual Performance

Monitor which types of bets work best for YOUR bankroll and risk tolerance. Some members focus exclusively on place lays, others mix strategies. Find what works for you.

5. Withdraw Profits Regularly

Don't let your entire bankroll sit in your Betfair account. Withdraw profits monthly to secure your gains and reduce temptation to over-bet.

Understanding Variance & Losing Streaks

Even with a 79% success rate on place lays, you WILL experience losing streaks. This is normal variance in betting. The key is ensuring your bankroll and stake sizing can weather these streaks without going bust.

Example: With a 79% win rate, you can statistically expect to lose 2-3 bets in a row occasionally. If you're betting at £10 liability per lay, that's £20-30 in losses. This is why proper bankroll sizing (having at least 50-100 betting units) is essential for long-term success.

6. Using Lucky 15 Multiples

Lucky 15s combine 4 selections into 15 separate bets for exponential returns when multiple selections win.

What is a Lucky 15?

A Lucky 15 consists of:

  • 4 singles
  • 6 doubles
  • 4 trebles
  • 1 four-fold accumulator
  • = 15 bets total

Example Lucky 15 Returns (£1 per bet = £15 total stake):

1 winner at 5.0: Small profit (singles only)

2 winners at 5.0 & 6.0: ~£15 profit (singles + 1 double)

3 winners at 5.0, 6.0, 7.0: ~£80-100 profit (singles + doubles + trebles)

4 winners at 5.0, 6.0, 7.0, 8.0: ~£400-500 profit (all 15 bets win!)

Accessing Lucky 15s on Race-AI

Navigate to the Multiples page to view our daily AI-generated Lucky 15 combinations. The AI selects the 4 best value selections each day and shows live odds and potential returns.

7. Tracking Your Performance

Use the Dashboard Stats

Your dashboard shows:

  • Daily P&L: Today's profit/loss
  • Weekly P&L: This week's performance
  • Monthly P&L: Current month total
  • All-time ROI: Return on investment since joining
  • Strike Rates: Success % by bet type

Keep a Betting Journal

Track which selections you take and why. This helps you identify:

  • Which confidence levels work best for you
  • Optimal stake sizes for your bankroll
  • Which bet types you prefer
  • Course/distance patterns in your results

8. Building Tax-Free Income

UK Gambling Winnings = 0% Tax!

All profits from betting are completely tax-free in the UK. This makes Race-AI an excellent way to build a genuine second income.

Realistic Monthly Income Targets

Conservative

£500

£500-1,000 bankroll
£5-10 per bet
Weekends only

Moderate

£1,500

£2,000-3,000 bankroll
£20-30 per bet
Full 7-day access

Ambitious

£3,500+

£5,000+ bankroll
£50-100 per bet
Daily selections + multiples

Quick Reference Checklist

Daily Routine:

  • ✓ Check dashboard at 12:30pm UK time
  • ✓ Review previous days' win performance
  • ✓ Check racecards and steamer information
  • ✓ Review AI confidence scores
  • ✓ Identify high-confidence selections (75%+)
  • ✓ Place bets 15-30 mins before race
  • ✓ Track results and update journal

Key Success Factors:

  • ✓ Focus on place lays (bread & butter!)
  • ✓ Cap place lay liability at £10-12
  • ✓ Cap win lay liability appropriately
  • ✓ Stick to 1-2% stake rule
  • ✓ Trust the AI's 79% lay success rate
  • ✓ Set daily loss limits (5% max)
  • ✓ Avoid chasing losses
  • ✓ Scale stakes as bankroll grows

Ready to Start Building Tax-Free Income?

Join Race-AI today and get access to our 79% success rate lay betting selections