Lay of the Day Horse Racing Tips 15 August, 2026
The Lay of the Day is a one of today's horse racing runners who is not expected to win. Industry experts provide a lay which can be bet against or laid on a betting exchange like Betfair.
The horse racing lay selections aren't complete outsiders who have no chance. They are short priced runners that are under the odds.
Lay of the Day
Looking to take on some of the favourites? Want to lay the more favoured runners? The team at bets.com.au has you covered.
We provide our lay of the day for Wednesday and Saturday metro racing as we pick out the horses to fade.
Our lay of the day for racing on August 15:
Rosehill - Race 6 No. 13 Street Artist
Is he a little overrated?
His only time in the money from four runs this year was a well-held second at Caulfield two starts back on June 27.
The form out of that late-season three-year-old handicap hasn't been flash, while Street Artist appeared to have every chance when seventh-of-12 at Flemington last start, beaten as favourite in a BM78 that has also produced suspect form.
Since disappointing as favourite on return at Mornington back in April, the preparation has never really got on track, and while the Freedman yard will be hoping the switch to Sydney sparks an improvement with the blinkers coming back off, he's drawn wide at Rosehill with speed to either side and will need some luck.
After a big maiden win early last season he did take out a strong BM64 at Bendigo with plenty of favours, but the gelding has had enough chances since and, with the map concerns, an even race and no win on anything worse than a Soft 5, Street Artist looks a favourite worth risking here.
Betfair Exchange - Back and Lay
The Betfair betting exchange, established in the UK in 2000, allows punters to call the shots, set their odds and take each other on. It is quite different to the traditional model of taking on a bookmaker’s odds.
Savvy gamblers get real value from the exchange and from the back and lay options available. Quite simply, it is you betting against fellow punters.
Betfair punters can use the site just like they would any other when browsing at odds for a team/horse at any given time with their ‘back’ and ‘lay’ system.
To ‘back’ a team or horse is the exact same as it would for any other bookmaker, except you’re taking on odds presented by other punters. If you put $50 on something paying $10, you’ll win $500, just like you would anywhere else.
To ‘lay’ a team or horse means you’re taking on the role of the odds provider and like any bookmaker, hoping like hell the horse/team you’ve opened odds on loses. If you open odds for a team/horse at $10 and someone places a $50 bet and wins, you will lose $450.
Back and Lay at BetfairJoin Betfair Australia and enjoy backing and laying.BET HERE
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Other Horse Racing Bets of the Day
| Bet | Info |
|---|---|
| Bet of the Day | Our daily tips and best bets to back |
| Horse Racing Double Tips | Our two favourite bets of the day from our team of experts |
| Daily Multibet Tips | A daily multi to line your punting pockets |
| Quaddie Tips | The quaddie numbers you should be following |
| Saturday Tips | Our best betting tips from Australia's main day of racing |
| Best Weekend Bet | Your best weekend bet covered so you can sit back and relax |
Horse Racing Tips
Lay of the Day FAQs
How do I get the Lay of the Day?
Follow the instructions above on this page to get a Lay of the Day every day from Rob Waterhouse.
How does lay betting work?
To ‘lay’ a team or horse means you’re taking on the role of the odds provider and like any bookmaker, hoping like hell the horse/team you’ve opened odds on loses. If you open odds for a team/horse at $10 and someone places a $50 bet and wins, you will lose $450.
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