Lay of the Day Horse Racing Tips 3 July, 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 July 4:
Flemington - Race 8 No. 13 Chains Of Love
This New South Wales visitor is as well bred as they come, being by I Am Invincible and out of the Group 1-winning Stay With Me, a daughter of Miss Finland. Chains Of Love is also a full sister to dual stakes winner Waltz On By.
Her record reads well on paper, with three wins and a second from five starts, although all of those victories have effectively come in country grade. She was successful in a Highway at Randwick when third-up last start, but that was a far inferior assignment to what she faces here at Listed level.
She also doesn't receive too many advantages under the set weights and penalties conditions. The one defeat on her record came at Listed level in Brisbane second-up on June 6 after settling outside the all-the-way winner, making the performance a disappointing one.
Now she heads to the market for not only her first Melbourne appearance, but also her first look up the Flemington straight, which poses another query. The conditions are also an unknown, with her never having raced on anything worse than a Soft 5.
While she's clearly talented and still has the upside to measure up, Chains Of Love does look a very suspect favourite in the Creswick Stakes.
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
18+ only. Ts and Cs apply.
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.
