You may just be starting out betting on horses, you could be a seasoned punter or perhaps you're somewhere in between. Whichever group you fall into you may well have considered, or even used, some sort of horse racing software in the past.
For those of you that haven't, perhaps you've seen various racing systems advertised on the internet; horse racing software products guaranteeing you success with your horse racing betting. Well today I am going to explain how these products work and discuss their reliability.
What Makes Horse Racing Software Attractive?
The thing is we live in an age now where we rely and use computers and software so much, that it is almost the norm. You can do your shopping online, contact friends and family using various software applications over the internet and now of course, horse racing software products are claiming to be able to provide you with a string of winners with no effort on your part.
So we are now trained to think that technology makes life easier and enables us to do things quicker, and in most cases it does. Most of the horse racing software products I have looked at are extremely sophisticated pieces of kit, with very complex algorithms driving the data it gives you.
What these racing systems can do is certainly speed up your selection of horses to bet on. There is no more trawling through the newspapers looking for suitable horses, these products identify them for you at the click of a mouse.
How Does Horse Racing Software Work?
Most of the ones that I have reviewed have a wealth of information to draw on. They take into account the age and sex of the horse, its previous form - including races its won and races it hasn't and the distances these races were run over.
Other key data that these systems use is the racecourses that the horses have run at, the weight being carried and the going (race conditions). While this may sound an exhaustive list, all these factors combined can mean the difference between a winning bet and a losing bet.
Throw into the mix that these variables also differ from flat racing to jump (National Hunt) racing, and you can see that these software products need to be robustly built to provide accurate data for each horse, in each race and at each racecourse around the country.
And this is exactly why these systems are not quite as reliable as they perhaps claim to be.
My Experience Using Horse Racing Software
In my experience, the first variable in which these horse racing software products fall down is the going. Typically if the going is either heavy (extremely wet underfoot) or firm, then the systems are not able to give an accurate assessment.
Secondly, most (if not all) systems do not appear to be able to take into account the jockey on board. This is a factor that as a racing expert myself, you would always factor in to which horse you select.
Don't get me wrong, these many of these systems have an absolute wealth of horse racing data within them, and they are able to be updated daily, weekly or monthly, which is quite astonishing.
However, they do not appear to be able to take into account other key factors that influence a race, such as the race conditions, and the jockey scenario that I have just mentioned. Both of these factors are critical to when I am selecting horses for my horse racing tipster service.
Thursday, April 30, 2009
Wednesday, April 29, 2009
Horse Racing Software - Three Things You Need To Watch Out For
Convincing aren't they? I've been reviewing horse racing software, systems and tipster services for over a decade now and some of the claims are quite astonishing.
The purpose of this article is not to give horse racing software products a bad name, but simply to point out the pit falls. I am hoping that by lifting the lid on the myth about these horse racing software systems that you the punter (or horse racing enthusiast), will be able to avoid the mistakes that many others make.
This article will cover what I feel are the top three things you need to look out for, if you're in the market for making some money from betting on horse racing. A lot of people that I speak have previously fallen fowl to the so-say capabilities of horse racing software products that are readily available, and the last thing I want is for you to add to that list.
Why Do People Find Horse Racing Software So Appealing?
In a word; laziness. These days we seemingly have so little time on our hands, and so the thought of making some extra money and quickly is an obvious attraction.
In previous articles and white papers I often refer to the classic 'if it’s too good to be true, it probably is'. A simple search on the internet will show you countless websites who all claim to be able to make you a millionaire overnight, whilst sitting in your pyjamas and with little or no effort on your part.
Do you really believe that is how the successful and wealthy got to where they are today? I thought so.
Things You Need To Watch Out For - Number One
And so this is really the very first thing that you need to look for in a horse racing software product, or even any horse racing service or system that you see advertised. Does it sound too good to be true?
The normal tell tale signs are vastly over-inflated claims of what you can win. If it appears that by using this racing system you'll be able to give up work tomorrow, think again. This should really start the alarm bells ringing.
As you may or may not know, I run a successful horse racing tipster service, however one of the key things we teach is that you have to start small and build up your winnings. Unfortunately, there is no such thing as an overnight success, it does take a little effort.
Things You Need To Watch Out For - Number Two
My second recommendation of what to look out for is exaggerated strike rates. I am sure that you've probably seen them, claims of eighty per cent or even ninety per cent strike rates for winning horses, but yet again this is simply unrealistic.
Of course, guaranteeing you a hit rate of almost one hundred per cent is going to sound appealing isn't it, and this is the hook for the many people that have fallen for this ploy. It’s almost because a horse racing software product is made from software, that many people believe it has this mystical power. I'm afraid not, otherwise we'd all be buying them.
Many professional gamblers struggle to get a fifty per cent strike rate, however they make sure that the bets they have provide sufficient profit, which ensures that they could potentially have one winning bet out of five and yet still make a profit.
In essence it is about how you stake and the prices of horses, rather than the regularity and amount of winners that you get. This is why it is simply not feasible to back favourites all of the time. Favourites on average win thirty per cent of the time, so you'd be guaranteed a thirty per cent strike rate, but of course the prices would be too low to make a profit.
Things You Need To Watch Out For - Number Three
The final thing to beware of is this; do you really believe that there is software out there that can accurately predict the outcomes of races?
In my experience, most of these horse racing software products are pretty good, as they gather up all of the racing statistics, horses form and the details of the course, but what they're doing is just looking at statistics and trends. This may be ok when looking at the stock market, which does have an historical set of trends to go by, but this is horse racing.
Horses are not machines, and despite the fact that horse racing software products will look at all the statistical evidence that you could throw a stick at, this simply isn't enough.
Yes, it may show you that a particular horse favours Ascot, however other factors such as the type of race, the competition (other horses involved), the jockey on board and the going (racing conditions) all play a part.
This is why you need to have this intangible, yet very important information at your fingertips before knowing which horse to back. Horse racing software simply cannot do this for you.
The purpose of this article is not to give horse racing software products a bad name, but simply to point out the pit falls. I am hoping that by lifting the lid on the myth about these horse racing software systems that you the punter (or horse racing enthusiast), will be able to avoid the mistakes that many others make.
This article will cover what I feel are the top three things you need to look out for, if you're in the market for making some money from betting on horse racing. A lot of people that I speak have previously fallen fowl to the so-say capabilities of horse racing software products that are readily available, and the last thing I want is for you to add to that list.
Why Do People Find Horse Racing Software So Appealing?
In a word; laziness. These days we seemingly have so little time on our hands, and so the thought of making some extra money and quickly is an obvious attraction.
In previous articles and white papers I often refer to the classic 'if it’s too good to be true, it probably is'. A simple search on the internet will show you countless websites who all claim to be able to make you a millionaire overnight, whilst sitting in your pyjamas and with little or no effort on your part.
Do you really believe that is how the successful and wealthy got to where they are today? I thought so.
Things You Need To Watch Out For - Number One
And so this is really the very first thing that you need to look for in a horse racing software product, or even any horse racing service or system that you see advertised. Does it sound too good to be true?
The normal tell tale signs are vastly over-inflated claims of what you can win. If it appears that by using this racing system you'll be able to give up work tomorrow, think again. This should really start the alarm bells ringing.
As you may or may not know, I run a successful horse racing tipster service, however one of the key things we teach is that you have to start small and build up your winnings. Unfortunately, there is no such thing as an overnight success, it does take a little effort.
Things You Need To Watch Out For - Number Two
My second recommendation of what to look out for is exaggerated strike rates. I am sure that you've probably seen them, claims of eighty per cent or even ninety per cent strike rates for winning horses, but yet again this is simply unrealistic.
Of course, guaranteeing you a hit rate of almost one hundred per cent is going to sound appealing isn't it, and this is the hook for the many people that have fallen for this ploy. It’s almost because a horse racing software product is made from software, that many people believe it has this mystical power. I'm afraid not, otherwise we'd all be buying them.
Many professional gamblers struggle to get a fifty per cent strike rate, however they make sure that the bets they have provide sufficient profit, which ensures that they could potentially have one winning bet out of five and yet still make a profit.
In essence it is about how you stake and the prices of horses, rather than the regularity and amount of winners that you get. This is why it is simply not feasible to back favourites all of the time. Favourites on average win thirty per cent of the time, so you'd be guaranteed a thirty per cent strike rate, but of course the prices would be too low to make a profit.
Things You Need To Watch Out For - Number Three
The final thing to beware of is this; do you really believe that there is software out there that can accurately predict the outcomes of races?
In my experience, most of these horse racing software products are pretty good, as they gather up all of the racing statistics, horses form and the details of the course, but what they're doing is just looking at statistics and trends. This may be ok when looking at the stock market, which does have an historical set of trends to go by, but this is horse racing.
Horses are not machines, and despite the fact that horse racing software products will look at all the statistical evidence that you could throw a stick at, this simply isn't enough.
Yes, it may show you that a particular horse favours Ascot, however other factors such as the type of race, the competition (other horses involved), the jockey on board and the going (racing conditions) all play a part.
This is why you need to have this intangible, yet very important information at your fingertips before knowing which horse to back. Horse racing software simply cannot do this for you.
Tuesday, April 28, 2009
Horse Racing Tips Advice - Value Is Key
I posted this on my other horse racing blog, but thought that it was THAT important, that I should post it on here to. Here is the post:
After posting yesterday about how our horse racing tips have been performing this month, I was asked by some about the prices that we were advising.
This was a great question to be asked, as it is a crucial factor to betting profitably. So thanks to those of you who posed that little question :)
So in this little entry I shall demonstrate just how critical it is to target value horses, rather than just betting on horses who are favourite. I think that it may shock some of you...
Up until yesterday, we have advised 38 bets in total. Of those 38 bets, we've had 9 winners - so you can quickly see that in terms of a strike rate, it's a little less than 25% (23.6% to be precise). This would translate to a disappointing month for us, however we are still nicely in profit, because of the system that we adopt.
So lets look at the prices of these winners in the order in which they have won:
Winner 1) 6/1
Winner 2) 2/1
Winner 3) 4/1
Winner 4) evens - a real rarity for us, but as close to a dead cert as we've seen in a long time
Winner 5) 5/2
Winner 6) 6/1
Winner 7) 4/1
Winner 8) 4/1
Winner 9) 10/1
So you can see that despite suffering 29 losing horses (although almost half of these finished 2nd or 3rd), if you target quality, value horses, you can still make a profit whilst achieving relatively low strike rates by using our system.
Of course, as you saw last month, if we are able to achieve an even higher strike rate then the profits can sky rocket, but even in a slightly below-par month for us, we are able to achieve a reasonable profit.
And what does appear to have been popular, is the fact that our Grosvenor Racing Club service is freezing its prices for the whole of 2009, so there will be no increase in our membership prices. There are a few places still left available, so why not try our free racing tips for 21 days and share in our success.
Monday, April 27, 2009
Betting On Horse Racing And Managing Your Money – Part Four
So this is part four and it is also the final article in the series. So far I have covered what I consider to be the golden rules of betting on horses, as well as some of the mistakes that you need to avoid in order to be a successful punter.
In this article, I will look at something that encapsulates everything that I have spoken about so far, and so it rounds of this series of articles quite nicely.
The Correct Attitude Is Important When Betting On Horses
It’s something that I teach my members because I really do feel that this is important. If you seriously want be successful and make good, consistent money from betting on horse racing, you have treat your betting like a business.
If betting on horse racing for you is just a hobby where you don’t care too much for the end results, then your hobby will almost certainly come at a cost.
I’ve already mentioned in previous articles about losing money through bad habits and this is frustrating for a lot of punters, because they do not actually realize that they are doing what they are doing.
Fortunately, that’s where horse racing tipsters like myself can help, as we are well aware of the bad habits that need to be avoided, and that having discipline is vitally important to succeeding.
Why Is Discipline Important?
Well, let’s go back to the analogy of treating your betting on horses like a business. If you operate your own business, you’d keep records of transactions, expenses and file all your receipts for your accountant each month.
You would also have a business plan for both the short term and the long term, and you’d also allocate funds for particular aspects of your business.
Now whilst betting on horses is not as complicated as running your own business, I hope you can see that by just applying a bit of discipline and structure to your betting, that you will treat it more seriously, and therefore (hopefully) you will be more successful with it.
In the second article in this series I discussed creating a betting bank so that you allocate a certain amount for your betting. This is essential, and it will eliminate the temptation to dip into savings, or the using of your credit card.
How Well Are You Doing?
Would you believe that if you were to ask ten punters this question, and try and get them to tell you specifically how they’re doing, they probably couldn’t tell you. How scary is that?
You need to know how well (or not) you are doing on a weekly basis, otherwise, how else do you know whether your racing tipster or betting system is working?
If you have no idea how you are faring, how can you possibly progress to earning more money by (slowly) increasing your stakes?
And this is of course no more difficult that getting an exercise book and noting down your bets each week, including how much you wagered, what the price of the horse was and where the meeting was – as a bare minimum. The more technical of you could do this using a spreadsheet or other application of course.
Try Before You Buy
Another thing that I suggest to punters is to ‘paper-trade’ a horse racing tipster or betting system, before actually committing any money to it. You may also find services such as mine that offer free trial periods too, and so this way you are not laying out any money at all.
This would be the same as running a feasibility study for your business, as you wouldn’t just launch a business and hope for the best. What this should do is allow you some time to assess whether your given source of horse racing tips is suitable for you, and whether or not it is reliable.
As we’ve discussed, if you do find yourself losing money on your selections, you should never be tempted to chase your losses. You should not increase your stakes to try and cover what you have lost, as you could find yourself with an even bigger hole in your betting bank.
And that concludes this series of articles focused on betting on horse racing and managing your money. I do hope that you have found these articles a useful resource and that you now feel more prepared for improving your chances when betting on horses, as you now know what you should be doing and what you need to avoid.
In this article, I will look at something that encapsulates everything that I have spoken about so far, and so it rounds of this series of articles quite nicely.
The Correct Attitude Is Important When Betting On Horses
It’s something that I teach my members because I really do feel that this is important. If you seriously want be successful and make good, consistent money from betting on horse racing, you have treat your betting like a business.
If betting on horse racing for you is just a hobby where you don’t care too much for the end results, then your hobby will almost certainly come at a cost.
I’ve already mentioned in previous articles about losing money through bad habits and this is frustrating for a lot of punters, because they do not actually realize that they are doing what they are doing.
Fortunately, that’s where horse racing tipsters like myself can help, as we are well aware of the bad habits that need to be avoided, and that having discipline is vitally important to succeeding.
Why Is Discipline Important?
Well, let’s go back to the analogy of treating your betting on horses like a business. If you operate your own business, you’d keep records of transactions, expenses and file all your receipts for your accountant each month.
You would also have a business plan for both the short term and the long term, and you’d also allocate funds for particular aspects of your business.
Now whilst betting on horses is not as complicated as running your own business, I hope you can see that by just applying a bit of discipline and structure to your betting, that you will treat it more seriously, and therefore (hopefully) you will be more successful with it.
In the second article in this series I discussed creating a betting bank so that you allocate a certain amount for your betting. This is essential, and it will eliminate the temptation to dip into savings, or the using of your credit card.
How Well Are You Doing?
Would you believe that if you were to ask ten punters this question, and try and get them to tell you specifically how they’re doing, they probably couldn’t tell you. How scary is that?
You need to know how well (or not) you are doing on a weekly basis, otherwise, how else do you know whether your racing tipster or betting system is working?
If you have no idea how you are faring, how can you possibly progress to earning more money by (slowly) increasing your stakes?
And this is of course no more difficult that getting an exercise book and noting down your bets each week, including how much you wagered, what the price of the horse was and where the meeting was – as a bare minimum. The more technical of you could do this using a spreadsheet or other application of course.
Try Before You Buy
Another thing that I suggest to punters is to ‘paper-trade’ a horse racing tipster or betting system, before actually committing any money to it. You may also find services such as mine that offer free trial periods too, and so this way you are not laying out any money at all.
This would be the same as running a feasibility study for your business, as you wouldn’t just launch a business and hope for the best. What this should do is allow you some time to assess whether your given source of horse racing tips is suitable for you, and whether or not it is reliable.
As we’ve discussed, if you do find yourself losing money on your selections, you should never be tempted to chase your losses. You should not increase your stakes to try and cover what you have lost, as you could find yourself with an even bigger hole in your betting bank.
And that concludes this series of articles focused on betting on horse racing and managing your money. I do hope that you have found these articles a useful resource and that you now feel more prepared for improving your chances when betting on horses, as you now know what you should be doing and what you need to avoid.
Horse Racing Tipster Service Update For April
It's been a hectic weekend for me but I wanted to update you on our horse racing tipster service for this month, as we've been in really great form of late.
On the back of last month's bumper profits, where we achieved our best ever monthly profits total of 79.30 points to the good, we've stormed back this month after some pretty bad luck had reigned us in for part of the month.
We've had a cracking month really, and if some of the many second and third placed horses had come home we'd be up near last month's record, but we're now sitting pretty after having had to come from negative territory from mid-April.
In the past three days, we've secured two more quality, decent value winners for our members, leaving us now sat on 13.5 points profit for the month. Whilst this is not bad, I am really pleased with the way we have come back from -14.0 points at one stage, so that's a swing of almost 30 points.
Our horse racing tips from the past three days have yielded 18 points profit, with Where's Susie winning at 15/8 (we advised at 4/1 in the morning, don't forget our racing tips are available from 9.30am every morning) on Thursday at Fontwell. We had a 2 point win on Where's Susie.
And on Saturday at Sandown, Sangfroid won at a fantastic 12/1 - although we did advise it at 10s in the morning, so either way there's decent profit in that one for you. This was a one point win by the way.
So, as we enter the last few days of the month we are at 13.5 points profit and we'll be looking to push this over the 20 point mark if we can, and assuming that the right horses are available for the right prices.
Speak soon.Saturday, April 25, 2009
Is Betting On Horses With Betting Exchanges A Sensible Thing To Do? Part One.
They're so popular these days that I am sure that most people will have heard of a betting exchange. Betting on horses via betting exchanges has completely changed the way punters place their bets, but why should you consider using one?
Betting exchanges burst on to the scene in the late 1990s to much skepticism to begin with, it has to be said. Punters were wondering what this new breed of bookmaker was all about. A betting exchange is simply a different type of bookmaker that gives punters the opportunity to bet against other punters who have a different opinion regarding a horse race for example.
Let's Explain The Difference In A Bit More Detail
Of course when you're betting on horses with a traditional bookie, you place your bet with the aim of beating the bookie, be it at your local betting shop or an on-course bookmaker. If your horse is successful then you win money directly form that bookmaker making you happy and the bookmaker not so happy.
Betting exchanges however, are a bit different. What they do is pit punter against punter so that if you like the look of a horse to win a race, but another punter doesn't like the look of that horse, then you can effectively go head-to-head. So in fact, you would be betting that horse wins the race whereas the other punter would be betting that the horse does not win, also called 'laying'. I'll explain the difference between the two later on in this article.
Whether that horse wins or not, someone is going to win some money. If the horse ends up winning the race then you would take money off the punter would thought that the horse wouldn't win, but if the horse fails to win then you would pay your counterpart.
Why Laying A Horse To Lose Has Become So Popular
This is perhaps the one area which most clearly separates betting with a traditional bookmaker from betting on horses through a betting exchange.
Traditionally, all we as punters have been able to do is back a horse to win or to be placed. Now that's all changed. Betting on a horse to win or to be placed does basically work in the same way whether you use a conventional bookmaker or a betting exchange. Simply put, you put your money on your horse and if it wins or is placed then you will receive some money back for your bet.
However, where betting exchanges have changed the playing field is by offering you the punter the opportunity to select a horse that you feel will not win it's given race.
So what this entitles you to do is to look for a horse that you think will not win its race, and place what is known as a ‘lay’ bet. Let's use an example. You're looking through the racing section in your newspaper and you notice that a horse cannot possibly win its race. You decide that you want to place a lay bet on this horse, and so what you are doing is in a sense offering odds to other punters who think that the horse will in fact win.
Of course, if your horse fails to you will take the backer's stake from him, but if the horse does win the race, then you must pay out.
Why Use Betting Exchanges As Opposed To Conventional Bookmakers?
I'll now explain what I believe to be the key benefits of using a betting exchange. I'll be giving you my 'lucky' seven reasons for betting on horses using betting exchanges over the course of two articles. The first three reasons are listed below:
Betting Exchanges Generally Offer Better Odds To Punters
A bit of a no-brainer this I suppose. As a punter, getting the best possible price is crucial. Even a minute increase in price can enable you to improve your long term profits significantly.
Traditional bookmakers have upped their game a little by offering slightly better prices than they have previously, but because of the way they operate they will never be able to directly compete with betting exchanges. This is because at the end of the day they are a bookmaker and they have to make money through a difference in odds - what they're prepared to offer you versus what they think the market value is.
Betting through the exchanges is very different as there is no longer a middle man involved. Betting exchanges make their money by taking a small commission on each successful bet that is placed. Basically if you win, so do they and so they perceived as more friendly towards the punter.
Betting exchanges will also enable you to ask for the odds that you want. Can you imagine the reaction you would get if you strolled up to an on-course bookie and asked for a much more favourable price (for you) on a particular horse? This is the difference, as betting exchanges are all about punter versus punter, so as long as there's someone out there willing to oppose your views, you can get the bet that you want.
Winning And Losing Horses Mean You Win
We have of course already touched on the subject of laying a horse to lose but this is just another reason why punters are leaning more and more towards betting on the betting exchanges. In a sense they allow you to play the role of the bookmaker (as this is what they do - they oppose your bet), therefore giving you the opportunity to bet that a particular horse will not win its race.
Betting Exchanges Won't Close Your Account If You're Too Successful
If you've read any of my previous articles or you're familiar with my horse racing tipster service then you'll know that I'm a firm believer in managing your money effectively.
A betting exchange allows you to do this perfectly as they would never dream of closing your account purely because you were pocketing lots of money. The reason betting exchanges are more than happy for you to continue winning is they of course make a small commission from your winning bets; unlike a conventional bookie where you're eating in their profits.
So these are my first three reasons why betting on horses using betting exchanges is important for a punter to succeed. I will complete the 'lucky' seven reasons and cover the remaining four reasons in a separate article.
Betting exchanges burst on to the scene in the late 1990s to much skepticism to begin with, it has to be said. Punters were wondering what this new breed of bookmaker was all about. A betting exchange is simply a different type of bookmaker that gives punters the opportunity to bet against other punters who have a different opinion regarding a horse race for example.
Let's Explain The Difference In A Bit More Detail
Of course when you're betting on horses with a traditional bookie, you place your bet with the aim of beating the bookie, be it at your local betting shop or an on-course bookmaker. If your horse is successful then you win money directly form that bookmaker making you happy and the bookmaker not so happy.
Betting exchanges however, are a bit different. What they do is pit punter against punter so that if you like the look of a horse to win a race, but another punter doesn't like the look of that horse, then you can effectively go head-to-head. So in fact, you would be betting that horse wins the race whereas the other punter would be betting that the horse does not win, also called 'laying'. I'll explain the difference between the two later on in this article.
Whether that horse wins or not, someone is going to win some money. If the horse ends up winning the race then you would take money off the punter would thought that the horse wouldn't win, but if the horse fails to win then you would pay your counterpart.
Why Laying A Horse To Lose Has Become So Popular
This is perhaps the one area which most clearly separates betting with a traditional bookmaker from betting on horses through a betting exchange.
Traditionally, all we as punters have been able to do is back a horse to win or to be placed. Now that's all changed. Betting on a horse to win or to be placed does basically work in the same way whether you use a conventional bookmaker or a betting exchange. Simply put, you put your money on your horse and if it wins or is placed then you will receive some money back for your bet.
However, where betting exchanges have changed the playing field is by offering you the punter the opportunity to select a horse that you feel will not win it's given race.
So what this entitles you to do is to look for a horse that you think will not win its race, and place what is known as a ‘lay’ bet. Let's use an example. You're looking through the racing section in your newspaper and you notice that a horse cannot possibly win its race. You decide that you want to place a lay bet on this horse, and so what you are doing is in a sense offering odds to other punters who think that the horse will in fact win.
Of course, if your horse fails to you will take the backer's stake from him, but if the horse does win the race, then you must pay out.
Why Use Betting Exchanges As Opposed To Conventional Bookmakers?
I'll now explain what I believe to be the key benefits of using a betting exchange. I'll be giving you my 'lucky' seven reasons for betting on horses using betting exchanges over the course of two articles. The first three reasons are listed below:
Betting Exchanges Generally Offer Better Odds To Punters
A bit of a no-brainer this I suppose. As a punter, getting the best possible price is crucial. Even a minute increase in price can enable you to improve your long term profits significantly.
Traditional bookmakers have upped their game a little by offering slightly better prices than they have previously, but because of the way they operate they will never be able to directly compete with betting exchanges. This is because at the end of the day they are a bookmaker and they have to make money through a difference in odds - what they're prepared to offer you versus what they think the market value is.
Betting through the exchanges is very different as there is no longer a middle man involved. Betting exchanges make their money by taking a small commission on each successful bet that is placed. Basically if you win, so do they and so they perceived as more friendly towards the punter.
Betting exchanges will also enable you to ask for the odds that you want. Can you imagine the reaction you would get if you strolled up to an on-course bookie and asked for a much more favourable price (for you) on a particular horse? This is the difference, as betting exchanges are all about punter versus punter, so as long as there's someone out there willing to oppose your views, you can get the bet that you want.
Winning And Losing Horses Mean You Win
We have of course already touched on the subject of laying a horse to lose but this is just another reason why punters are leaning more and more towards betting on the betting exchanges. In a sense they allow you to play the role of the bookmaker (as this is what they do - they oppose your bet), therefore giving you the opportunity to bet that a particular horse will not win its race.
Betting Exchanges Won't Close Your Account If You're Too Successful
If you've read any of my previous articles or you're familiar with my horse racing tipster service then you'll know that I'm a firm believer in managing your money effectively.
A betting exchange allows you to do this perfectly as they would never dream of closing your account purely because you were pocketing lots of money. The reason betting exchanges are more than happy for you to continue winning is they of course make a small commission from your winning bets; unlike a conventional bookie where you're eating in their profits.
So these are my first three reasons why betting on horses using betting exchanges is important for a punter to succeed. I will complete the 'lucky' seven reasons and cover the remaining four reasons in a separate article.
Monday, April 20, 2009
Betting On Horse Racing And Managing Your Money – Part Three
This is the third in a series of articles on betting on horse racing profitably through sensible money management.
I have so far discussed why looking for value in horses, rather than just betting on favourites is so important. This was in the first article in this series.
Then, in the second article I emphasized the point that if you’re not using a betting bank, or you do not have a structured staking plan, then you are playing with fire. In short, this is a big mistake when betting on horses.
One Of The Biggest Mistakes You Can Make As A Punter
In this article, I am going to examine possibly the most common mistake that punters make when betting on horses. This is one that perhaps all of us have been guilty of doing at one point or another, as the temptation can often prove too great.
So which mistake is it that I am talking about? Its chasing your losses.
The reason that I am dedicating a whole article to this one subject, is because it can literally take the shirt off your back as things can escalate so quickly.
Plus I know first hand how this can happen, as I did progressive staking (a posh name for chasing your losses!) several years ago, before I became the disciplined punter that I am today.
How Chasing Your Losses Can Spiral Out Of Control Quickly
The easiest way to illustrate this is by using a simple example: Let’s say a punter places £50 on a horse, and he loses. What happens next is the punter selects another horse in a different race. However, instead of placing another £50 on that horse, the punter feels the need to also win back what he lost on his first horse, and so places a bet of £100.
When this second horse loses, the punter is now down to the tune of £150, just like that. And so the punter selects another horse that is a dead cert to win its race, and its at a price of 2/1, so what does the punter do?
He doesn’t place £50 on the horse to recoup £100 and only be £50 down for the day, oh no. He chases his losses by placing another bet of £100, thinking that the £200 profit he’ll get will recoup his losses of £150, plus £50 profit. Right?
Well, yes, mathematically and theoretically that is correct, but let us examine this equation more closely to see what big mistake this punter is making by betting on horses in this fashion.
Do Not Break One Of The Golden Rules of Betting
In effect, what this punter is doing is placing a £100 bet to win £50, as this is the profit that he will make, factoring in the £150 that he already lost. Are you with me?
So this is like betting on 2/1-on favourite, where you have to put £2 on just to win £1 back. This is madness, as there is no value whatsoever in this bet and it goes completely against what I talked about in the first article in this series.
And that’s assuming that his third horse wins!
It’s a fact that good punters get use to; when betting on horse racing you are always going to go through a losing run, it may be two horses, five horses or more, but you need to weather the storm and this is done through the value horses I discussed in the first article in this series.
Even the best horse racing tipsters, the ones who work for newspapers and on television, have losing runs, and they’re as close to being experts as you will get. So we all go through it, and the secret is staying focused and true to your plan – not disregarding the plan just because a couple of horses have not won.
I have so far discussed why looking for value in horses, rather than just betting on favourites is so important. This was in the first article in this series.
Then, in the second article I emphasized the point that if you’re not using a betting bank, or you do not have a structured staking plan, then you are playing with fire. In short, this is a big mistake when betting on horses.
One Of The Biggest Mistakes You Can Make As A Punter
In this article, I am going to examine possibly the most common mistake that punters make when betting on horses. This is one that perhaps all of us have been guilty of doing at one point or another, as the temptation can often prove too great.
So which mistake is it that I am talking about? Its chasing your losses.
The reason that I am dedicating a whole article to this one subject, is because it can literally take the shirt off your back as things can escalate so quickly.
Plus I know first hand how this can happen, as I did progressive staking (a posh name for chasing your losses!) several years ago, before I became the disciplined punter that I am today.
How Chasing Your Losses Can Spiral Out Of Control Quickly
The easiest way to illustrate this is by using a simple example: Let’s say a punter places £50 on a horse, and he loses. What happens next is the punter selects another horse in a different race. However, instead of placing another £50 on that horse, the punter feels the need to also win back what he lost on his first horse, and so places a bet of £100.
When this second horse loses, the punter is now down to the tune of £150, just like that. And so the punter selects another horse that is a dead cert to win its race, and its at a price of 2/1, so what does the punter do?
He doesn’t place £50 on the horse to recoup £100 and only be £50 down for the day, oh no. He chases his losses by placing another bet of £100, thinking that the £200 profit he’ll get will recoup his losses of £150, plus £50 profit. Right?
Well, yes, mathematically and theoretically that is correct, but let us examine this equation more closely to see what big mistake this punter is making by betting on horses in this fashion.
Do Not Break One Of The Golden Rules of Betting
In effect, what this punter is doing is placing a £100 bet to win £50, as this is the profit that he will make, factoring in the £150 that he already lost. Are you with me?
So this is like betting on 2/1-on favourite, where you have to put £2 on just to win £1 back. This is madness, as there is no value whatsoever in this bet and it goes completely against what I talked about in the first article in this series.
And that’s assuming that his third horse wins!
It’s a fact that good punters get use to; when betting on horse racing you are always going to go through a losing run, it may be two horses, five horses or more, but you need to weather the storm and this is done through the value horses I discussed in the first article in this series.
Even the best horse racing tipsters, the ones who work for newspapers and on television, have losing runs, and they’re as close to being experts as you will get. So we all go through it, and the secret is staying focused and true to your plan – not disregarding the plan just because a couple of horses have not won.
Saturday, April 18, 2009
Betting On Horse Racing And Managing Your Money – Part Two
You may recall that in the first article in this series, I discussed how important value is when betting on horse racing.
Getting a price that is technically above what it ought to be is a big key to earning consistent profits from betting on horses, and is central to my own betting strategy. I teach a lot of my members this from day one.
It is down to you to effectively change your betting habits, and very often you wouldn’t even know that you had these bad betting habits, until they were pointed out to you, so don’t go blaming yourself here.
So once you’ve learned to look at value bets, and eliminate the habit of just betting on horses that are favourites to win their respective races, you can move onto the next good habit that you should have in your betting armoury.
Create a suitable betting bank that is appropriate to your financial circumstances.
How A Betting Bank Can Help You Achieve More Profits
This sounds such a simple concept doesn’t it? Do not let its simplicity fool you in to thinking that its not important, because it is absolutely vital to your success.
Not having a betting bank can often mean you do not know how much you’ve bet this month, and just as important; how much you won versus how much you’ve lost.
The reasons for having a betting bank are so key for success when betting on horses. First of all, you are able to monitor how much you’ve bet, and how much you’ve won (or lost) each month.
This is critical, particularly if you use a horse racing tipster service and you want to know how successful and reliable it is.
Secondly, it enables you to stake correctly on each horse that you bet on. For example, I advise my members that they use what’s called a ‘points system’ for their betting.
Simply put, all this involves is dividing your betting bank, let’s use a figure of £100 for example, into 100 points. This means that you have complete control of what you’re betting.
How A Points System Correctly Structures Your Betting
You may decide, as I do with my service, that horses who you feel have an excellent chance of winning are worthy of a five point bet (the maximum bet I place on horses), which in this example would therefore be five per cent of your betting bank, so £5.
Conversely, you decide that horses that have just a good chance of winning, may only need a one point bet, as the information you have about the horse, coupled with the horses form, is not as conclusive as it would be for a five point bet.
So in this instance you would only bet one per cent of your betting bank, and therefore only wager £1 on your horse.
This type of betting ensures that you can weather and recover fro the bad runs – as these are inevitable unfortunately, but you can also take advantage of the good runs too.
Furthermore, you are in complete control and know exactly where you are from day to day, which is so important.
What You Should Not Be Doing When Betting On Horses
One of the big mistakes you as a punter can make, is to stake too high in proportion to your betting bank, and this generally comes out of wanting to make money more quickly.
You have to think of the long term picture, more than the short term. If you have a betting bank of £100, as in our example above, you cannot realistically expect to make £100 per month in profit, this is just not feasible.
The temptation for get-rich quick is so rife these days, due to the many claims out there that it is possible to become a millionaire overnight.
Let me tell you, it really is not. Lets look at how slowly, slowly really can catchy monkey...
How Small Gains Can Produce Great Results
Lets use our £100 betting bank again to illustrate just how powerful staking with an effective points system is.
If by betting on horses each day, you only increased your betting bank by a mere one-half of one per cent (0.5%) every day, you would have a balance of almost £250 (£244 to be precise) after just six months, such is the effect of compounding and using a long term strategy.
So in six months, you could potentially more than double your investment with very minimal points gains. Not bad for starters and of course, this can be multiplied depending on how much your betting bank is.
So in summary, you can now see that by finding value bets, and betting correctly that your betting bank will grow. And of course as your betting bank grows, so you are able to increase the size of your stakes and therefore make more profit.
In Part Three of this series of articles, I will discuss more bad habits that punters do while betting on horses, that cause them to lose money hand over fist.
Getting a price that is technically above what it ought to be is a big key to earning consistent profits from betting on horses, and is central to my own betting strategy. I teach a lot of my members this from day one.
It is down to you to effectively change your betting habits, and very often you wouldn’t even know that you had these bad betting habits, until they were pointed out to you, so don’t go blaming yourself here.
So once you’ve learned to look at value bets, and eliminate the habit of just betting on horses that are favourites to win their respective races, you can move onto the next good habit that you should have in your betting armoury.
Create a suitable betting bank that is appropriate to your financial circumstances.
How A Betting Bank Can Help You Achieve More Profits
This sounds such a simple concept doesn’t it? Do not let its simplicity fool you in to thinking that its not important, because it is absolutely vital to your success.
Not having a betting bank can often mean you do not know how much you’ve bet this month, and just as important; how much you won versus how much you’ve lost.
The reasons for having a betting bank are so key for success when betting on horses. First of all, you are able to monitor how much you’ve bet, and how much you’ve won (or lost) each month.
This is critical, particularly if you use a horse racing tipster service and you want to know how successful and reliable it is.
Secondly, it enables you to stake correctly on each horse that you bet on. For example, I advise my members that they use what’s called a ‘points system’ for their betting.
Simply put, all this involves is dividing your betting bank, let’s use a figure of £100 for example, into 100 points. This means that you have complete control of what you’re betting.
How A Points System Correctly Structures Your Betting
You may decide, as I do with my service, that horses who you feel have an excellent chance of winning are worthy of a five point bet (the maximum bet I place on horses), which in this example would therefore be five per cent of your betting bank, so £5.
Conversely, you decide that horses that have just a good chance of winning, may only need a one point bet, as the information you have about the horse, coupled with the horses form, is not as conclusive as it would be for a five point bet.
So in this instance you would only bet one per cent of your betting bank, and therefore only wager £1 on your horse.
This type of betting ensures that you can weather and recover fro the bad runs – as these are inevitable unfortunately, but you can also take advantage of the good runs too.
Furthermore, you are in complete control and know exactly where you are from day to day, which is so important.
What You Should Not Be Doing When Betting On Horses
One of the big mistakes you as a punter can make, is to stake too high in proportion to your betting bank, and this generally comes out of wanting to make money more quickly.
You have to think of the long term picture, more than the short term. If you have a betting bank of £100, as in our example above, you cannot realistically expect to make £100 per month in profit, this is just not feasible.
The temptation for get-rich quick is so rife these days, due to the many claims out there that it is possible to become a millionaire overnight.
Let me tell you, it really is not. Lets look at how slowly, slowly really can catchy monkey...
How Small Gains Can Produce Great Results
Lets use our £100 betting bank again to illustrate just how powerful staking with an effective points system is.
If by betting on horses each day, you only increased your betting bank by a mere one-half of one per cent (0.5%) every day, you would have a balance of almost £250 (£244 to be precise) after just six months, such is the effect of compounding and using a long term strategy.
So in six months, you could potentially more than double your investment with very minimal points gains. Not bad for starters and of course, this can be multiplied depending on how much your betting bank is.
So in summary, you can now see that by finding value bets, and betting correctly that your betting bank will grow. And of course as your betting bank grows, so you are able to increase the size of your stakes and therefore make more profit.
In Part Three of this series of articles, I will discuss more bad habits that punters do while betting on horses, that cause them to lose money hand over fist.
Tuesday, April 14, 2009
Horse Racing Tips So Far This Month
I thought it may be appropriate to update you on our horse racing tips for April so far, as we're nearing the middle of the month.
It's been a mixed month so far with several winners and several near misses... very near misses, but hey that's racing. After last months bumper profit from our racing tips, we need to get back in the groove ... but this is what's happened thus far this month...
We began the month with a winner at the Aintree Grand National meeting, with Tartak winning on the Tuesday at 6/1.
In the Grand National itself, you'll recall that I wrote a post debating the difficulty of racing tips for the National. I finally plumped for Black Apalachi and having lead and looked comfortable for much of the race, he of course fell at Beecher's second time around when looking good for the win, but this unfortunately happens :(
Scale Bank also did the business for us at Sedgefield last week, winning at 2/1 for a one point win, but in between those winners we've been plagued by that awful affliction of second-itis and third-itis... and very frustrating it is too! :(
Yesterday we did claw some profit back, with Ffos Las Diamond winning in the 1.55pm at Chepstow, and this was a two point win at 4/1, so got us back some much needed profit.
So that leaves us at 9 points down for the month so far, so not a disaster and a situation that can very realistically be pulled around, starting today we hope.
I'll catch up with you all with another update later in the month.
Well Deserved Rest For Well Chief
I've heard today that Well Chief, trained by David Pipe, will not be running again this season after rumours that he may be running at either Sandown or Punchestown.
Having spent almost two years on the sidelines, it was hoped that the ten year old horse may well have a few races in him towards the end of the season, however Pipe has decided to put him away until next season now, where it is hoped that he'll get a full season out of him.
The rest will certainly do him good and he should be nice and fresh and ready for the challenges of next season. He had an epic race at the Cheltenham Festival when he chased down Master Minded and it appears that this has taken its toll more than was expected.
In fact Pipe said "He's fine, but has taken longer to come out of the Cheltenham race than first thought. With the way the ground is at present, we decided to put him away for the remainder of this term and enjoy a full season with him next term."
Having spent almost two years on the sidelines, it was hoped that the ten year old horse may well have a few races in him towards the end of the season, however Pipe has decided to put him away until next season now, where it is hoped that he'll get a full season out of him.
The rest will certainly do him good and he should be nice and fresh and ready for the challenges of next season. He had an epic race at the Cheltenham Festival when he chased down Master Minded and it appears that this has taken its toll more than was expected.
In fact Pipe said "He's fine, but has taken longer to come out of the Cheltenham race than first thought. With the way the ground is at present, we decided to put him away for the remainder of this term and enjoy a full season with him next term."
Sunday, April 12, 2009
Betting On Horse Racing And Managing Your Money – Part One
This is the first in a series of articles that will cover the importance of managing your money effectively whilst betting on horse racing.
You would be surprised just how often this is overlooked by punters, and getting it wrong can be financial suicide.
A popular question that I am asked when members join my service, is “how much should I bet on each horse?” Another one is “can I realistically earn £500 per week by using your horse racing tipster service?”
Before I go into a little detail here, let me first explain that this is completely the wrong way to go about it.
Why? Well, the answers to those questions all depend on your personal circumstances, and as I would have no idea what your personal finances were (nor would I want to as that is your business of course), I would be unable to give you an accurate answer.
Before I discuss the money side of things in detail, I would first like to explain about how I do things, and how this may help you decide how to start betting on horse racing in a structured, focused and professional manner.
You Must Look For Value
This may indeed mean a change in philosophy for many punters. I’ve seen many a person in the local bookies purely backing favourite after favourite. Please promise me something, do not do this.
Favourites generally win less than a third of the time, and this statistic couple with the prices that you’d receive from betting on favourites, does not make it a long term viable proposition.
The key is to know when to bet on a particular horse, and so therefore, know when its price represents good value for your bet, right? Correct.
Now this is of course a little harder than it sounds, but it is by now means impossible and it is why there are thousands of professional punters out there, making a killing.
What You Should Not Do
Imagine that you walk into a car dealership to purchase a basic family saloon car. You’d have an idea of what you wanted to spend versus what the likely cost of the car is, wouldn’t you?
So would you be shocked if the salesman approached you, explaining that the Ford Mondeo you were looking at would cost you £250,000? Of course you would. The car is clearly over priced and I imagine that you’d instantly walk away without purchasing the car.
Well, strangely enough this is not dissimilar to betting on horse racing, as many punters will simply take any old price on a horse, just because they think it will win.
So you can now see that this would be a huge mistake. Making a profit from betting on horse racing, whether you are choosing the horses yourself or using a horse racing tipster service, is achieved by looking at value priced horses.
To use the car analogy once again, it would be a bit like acquiring a brand new top of the range Ferrari, for the price of a Ford Mondeo.
Now, of course this is an extreme example but I hope it illustrates what we try and achieve here. By doing this, you will profit in the long term, as you’re getting an increased value for your bets.
In Conclusion
So the lesson here is to only ever bet on a horse when you know that have value on your side. If you do not, then the best thing to do is to just let the horse run. Developing this habit does take a little work, so do not be disappointed if you find it difficult to being with.
But with practice, or by following someone who may be an expert in the field of betting on horses, you can soon develop this most crucial of betting habits.
In the next article in this series, I will discuss how to assess a suitable betting bank for your exploits.
You would be surprised just how often this is overlooked by punters, and getting it wrong can be financial suicide.
A popular question that I am asked when members join my service, is “how much should I bet on each horse?” Another one is “can I realistically earn £500 per week by using your horse racing tipster service?”
Before I go into a little detail here, let me first explain that this is completely the wrong way to go about it.
Why? Well, the answers to those questions all depend on your personal circumstances, and as I would have no idea what your personal finances were (nor would I want to as that is your business of course), I would be unable to give you an accurate answer.
Before I discuss the money side of things in detail, I would first like to explain about how I do things, and how this may help you decide how to start betting on horse racing in a structured, focused and professional manner.
You Must Look For Value
This may indeed mean a change in philosophy for many punters. I’ve seen many a person in the local bookies purely backing favourite after favourite. Please promise me something, do not do this.
Favourites generally win less than a third of the time, and this statistic couple with the prices that you’d receive from betting on favourites, does not make it a long term viable proposition.
The key is to know when to bet on a particular horse, and so therefore, know when its price represents good value for your bet, right? Correct.
Now this is of course a little harder than it sounds, but it is by now means impossible and it is why there are thousands of professional punters out there, making a killing.
What You Should Not Do
Imagine that you walk into a car dealership to purchase a basic family saloon car. You’d have an idea of what you wanted to spend versus what the likely cost of the car is, wouldn’t you?
So would you be shocked if the salesman approached you, explaining that the Ford Mondeo you were looking at would cost you £250,000? Of course you would. The car is clearly over priced and I imagine that you’d instantly walk away without purchasing the car.
Well, strangely enough this is not dissimilar to betting on horse racing, as many punters will simply take any old price on a horse, just because they think it will win.
So you can now see that this would be a huge mistake. Making a profit from betting on horse racing, whether you are choosing the horses yourself or using a horse racing tipster service, is achieved by looking at value priced horses.
To use the car analogy once again, it would be a bit like acquiring a brand new top of the range Ferrari, for the price of a Ford Mondeo.
Now, of course this is an extreme example but I hope it illustrates what we try and achieve here. By doing this, you will profit in the long term, as you’re getting an increased value for your bets.
In Conclusion
So the lesson here is to only ever bet on a horse when you know that have value on your side. If you do not, then the best thing to do is to just let the horse run. Developing this habit does take a little work, so do not be disappointed if you find it difficult to being with.
But with practice, or by following someone who may be an expert in the field of betting on horses, you can soon develop this most crucial of betting habits.
In the next article in this series, I will discuss how to assess a suitable betting bank for your exploits.
Friday, April 10, 2009
Why Betting On Horse Racing Is Easier Than Ever Before
In recent years, there have certainly been many new developments that anyone who seriously likes betting on horse racing should take note of.
Of course, arguably the most enjoyable method is still to go to your local racecourse to enjoy a days racing, whilst pitting your wits against one of the many on-course bookmakers. But the new millennium has brought a multitude of outlets where you can bet on horses and in this article we are going to explore some of these new betting methods.
Some of these betting techniques are a bit more complicated than others and so are generally only used by the professionals, however for all of you that enjoy betting on horse racing, there is something for everyone.
Betting On Horse Racing Using The Net
Possibly the most profound change to betting on horses of the last ten years, has been the advent of the internet. With access to the world wide web, punters now have the opportunity to place bets on any race anywhere in the world at virtually anytime.
All of this can be done quickly and easily and from the comfort of your own home. The internet also enables you to monitor the best prices available on horses and of course with the introduction of betting exchanges, you now have the chance to bet against other punters.
This evolution has also caused a rapid increase in the number of horse racing tipster services that are now available. In the past, punters would have had to have telephoned their bets in and relied on horse racing tipsters placing advertisements in newspapers.
These days, the internet is full of options and so if you do your research properly, you should beb able to find a racing tipster service that is suitable for your requirements.
Betting On Horses For The Pros
The Internet has also brought with it a new age of ways to bet on horses, as well as other sporting events.
As well as the traditional standard betting and betting using the Tote, you can now spread bet on horse racing (which I have covered in a previous article) and also partake in what is called matched betting.
Matched betting on horse racing is essentially the same as standard betting in as much as you can bet on a horse to win, but the difference being that you can 'create' your own odds, rather that betting with the odds that are being offered by a bookmarker.
To take part in matched betting all you have to do is review the odds on a particular horse that other people have offered. Once you find one that is suitable you can match their bet. Alternatively, you can set your own odds and see if anyone is prepared to match your bet and price.
This is a method of betting that is growing in popularity, but I would recommend that unless you are well versed in betting in horses, that you stay away from this for the time being.
Fun Bets Are Now More Accessible
The internet has also helped introduce more people to some of the more exotic or fun bets, such as the Tote Scoop Six. The Tote Scoop Six guarantees a large win if you correctly pick six winners from six races, with the option to also receive a lesser amount of winnings if your horses place well.
The Scoop Six enables you to bet on any six races from any racecourse across the country on a Saturday afternoon, so that your note restricted to just one racecourse. This in theory gives you a wider opportunity to pick your winners and although this is a popular bet for many punters, I do not recommend it as a staple part of your betting activities.
Beginners Betting On Horse Racing Should Take Note
As you can see, whilst there are many new ways for you to start betting on horse racing, as a beginner I always recommend that you start with the basics rather than trying to be too adventurous too early. Particularly with betting on the internet, as you can lose a lot of money very quickly without even realising it.
Starting with the basics, for example by just betting on horses to win using an online bookie, will enable to get used to betting on horses in a structured manner. Once you are used to this process, you can then start to look at betting exchanges where you can potentially obtain more value for your bets.
And although you will see bets advertised such as the Scoop Six, Yankees, Doubles and Trebles, my advice is to avoid these at your peril, as they are purely designed, in my opinion, to take a punters money.
Of course, arguably the most enjoyable method is still to go to your local racecourse to enjoy a days racing, whilst pitting your wits against one of the many on-course bookmakers. But the new millennium has brought a multitude of outlets where you can bet on horses and in this article we are going to explore some of these new betting methods.
Some of these betting techniques are a bit more complicated than others and so are generally only used by the professionals, however for all of you that enjoy betting on horse racing, there is something for everyone.
Betting On Horse Racing Using The Net
Possibly the most profound change to betting on horses of the last ten years, has been the advent of the internet. With access to the world wide web, punters now have the opportunity to place bets on any race anywhere in the world at virtually anytime.
All of this can be done quickly and easily and from the comfort of your own home. The internet also enables you to monitor the best prices available on horses and of course with the introduction of betting exchanges, you now have the chance to bet against other punters.
This evolution has also caused a rapid increase in the number of horse racing tipster services that are now available. In the past, punters would have had to have telephoned their bets in and relied on horse racing tipsters placing advertisements in newspapers.
These days, the internet is full of options and so if you do your research properly, you should beb able to find a racing tipster service that is suitable for your requirements.
Betting On Horses For The Pros
The Internet has also brought with it a new age of ways to bet on horses, as well as other sporting events.
As well as the traditional standard betting and betting using the Tote, you can now spread bet on horse racing (which I have covered in a previous article) and also partake in what is called matched betting.
Matched betting on horse racing is essentially the same as standard betting in as much as you can bet on a horse to win, but the difference being that you can 'create' your own odds, rather that betting with the odds that are being offered by a bookmarker.
To take part in matched betting all you have to do is review the odds on a particular horse that other people have offered. Once you find one that is suitable you can match their bet. Alternatively, you can set your own odds and see if anyone is prepared to match your bet and price.
This is a method of betting that is growing in popularity, but I would recommend that unless you are well versed in betting in horses, that you stay away from this for the time being.
Fun Bets Are Now More Accessible
The internet has also helped introduce more people to some of the more exotic or fun bets, such as the Tote Scoop Six. The Tote Scoop Six guarantees a large win if you correctly pick six winners from six races, with the option to also receive a lesser amount of winnings if your horses place well.
The Scoop Six enables you to bet on any six races from any racecourse across the country on a Saturday afternoon, so that your note restricted to just one racecourse. This in theory gives you a wider opportunity to pick your winners and although this is a popular bet for many punters, I do not recommend it as a staple part of your betting activities.
Beginners Betting On Horse Racing Should Take Note
As you can see, whilst there are many new ways for you to start betting on horse racing, as a beginner I always recommend that you start with the basics rather than trying to be too adventurous too early. Particularly with betting on the internet, as you can lose a lot of money very quickly without even realising it.
Starting with the basics, for example by just betting on horses to win using an online bookie, will enable to get used to betting on horses in a structured manner. Once you are used to this process, you can then start to look at betting exchanges where you can potentially obtain more value for your bets.
And although you will see bets advertised such as the Scoop Six, Yankees, Doubles and Trebles, my advice is to avoid these at your peril, as they are purely designed, in my opinion, to take a punters money.
Thursday, April 9, 2009
Is Betting On Horses With Betting Exchanges A Sensible Thing To Do? Part Two
In part one of this article series, I covered the basics about betting on horses with betting exchanges and showed why they have become so popular with punters.
I also went through three key reasons why you should use betting exchanges, whether you’re using a horse racing tipster service or backing your own judgment of the horses. You may have a friend giving you racing tips on the sly (and for free) or you may be using some of the many horse racing systems that are out there.
However you are selecting your horses, betting with betting exchanges is certainly something that you should be doing.
And so in this article, I will explain some of the more technical and detailed facets of using a betting exchange, that could enable you to profit even more from your horse racing exploits.
And when I use words like technical and detailed, you’ll be pleased to hear that I do not mean complicated. So let’s crack on and look at these four key elements that could enable you to make more profit from horse racing.
Reason One – Get Prices For Horses 24 Hours A Day
I don’t know about you, but one of the real frustrations I have as a punter is reading the newspaper or hearing on the television of a good early price for a horse, yet when you go on the internet to check, prices are not always available.
And of course there is not a bookie in the land that opens there doors at 7am, so that avenue is blocked off as well.
With a betting exchange however, you can place a bet whenever you want. This enables you to take advantage of the often advantageous early prices of horses, long before everyone else starts lumping their cash on, leading to the price coming down.
Some of my members actually place their bets as soon as I advise them in the morning, meaning that they can take the best priced odds available, or indeed as I mentioned in the previous article, by naming their own price to see if it gets matched.
Reason Two – No Limit On Betting Stakes
How frustrated would you be if you’d received information from your horse racing tipster, about a gem of a horse that was over valued in price and likely to win its race, only to discover that putting a substantial bet on at 20/1 was out of the question?
Well, it can and does happen. More so in the local high street bookies, where you may be given the option to have some of the bet at 20/1 and some of the bet at the Starting Price – which is likely to be far lower come race time.
By betting on horse racing using an exchange, this does not happen. If you place a request to back a horse for a large sum at 20/1 and another punter is willing to lay the bet at that price, then you are able to have your bet placed without any questions being asked
Reason Three – The Race Has Started, But You Can Still Place Your Bet.
If you’ve ever got to the bookies just as a race is about to start, only to be told by the ‘friendly’ assistant behind the desk that you’re too late to place your bet, then you’ll like this one.
Betting exchanges actually allow you to continue placing bets on horses in a race, even after the race has started. This is something that is both new and requires nerves of steel, as while the race is still going, the betting market for each horse is constantly changing as each horse jostles for position in the race.
Of course, in the longer races, say a two mile hurdle race, there is a little more time to think, but in a five furlong sprint race you do not have much time at all, in fact most races are over in 60 seconds or less!
I must admit that this is not something that I myself do, as it is simply too risky for my betting philosophy, however there are plenty that do like the excitement of it, and profit from it.
Reason Four – Trading Your Bets To Secure Yourself A Profit
I’ve deliberately left this one until last, as it is a kind of an underground betting tactic if you like, although it is now growing in popularity. It’s a tactic often used by traders who play the financial markets, but it can be used for betting on horse racing as well, and can guarantee you a profit on a given race.
Guarantee a profit I hear you say, never. Well, let me explain:
Imagine that you’ve chosen to back a horse at 5/1 in a race. You think the price will shorten come race time, and so you’ve done the right thing and taken the early price. Having secured your early price of 5/1, you place your bet of £50 on the horse.
As race time approaches, you notice that the price of your horse has come in from the 5/1 that you backed it at, to a price of 2/1. Due to the drop in price, you could also decide to lay the horse to lose and place £75 on that bet.
So, how are you guaranteeing a profit by doing this? Well, there are of course only two possible outcomes for the horse that you’ve selected –it will either win the race or it will not.
If your horse wins its race, your winning bet will profit you £250 (£50 at a price of 5/1) but your lay bet was not successful and so you will pay out £75 for this. Therefore your total profit is £250 less £75, which is £175.
However, if your horse loses it race, your lay bet will profit you £150 (£75 at a price of 2/1) but your ‘to win’ bet was not successful and so you will pay out £50 for this. Therefore your total profit is £150 less £50, which is £100.
So there you have it, it is possible to guarantee that you make a profit in a race, if you are able to back the horse at one price and lay it at another (lower) price. This can also be done in reverse too, so you could lay a horse to begin with, and if its price drifts out (increases) then you can guarantee profits by backing the horse at the higher price.
So this concludes part two, the final part of this article series regarding betting on horses using the betting exchanges. As you can see, there really is no mystique surrounding them and I highly recommend that you give them a go.
I also went through three key reasons why you should use betting exchanges, whether you’re using a horse racing tipster service or backing your own judgment of the horses. You may have a friend giving you racing tips on the sly (and for free) or you may be using some of the many horse racing systems that are out there.
However you are selecting your horses, betting with betting exchanges is certainly something that you should be doing.
And so in this article, I will explain some of the more technical and detailed facets of using a betting exchange, that could enable you to profit even more from your horse racing exploits.
And when I use words like technical and detailed, you’ll be pleased to hear that I do not mean complicated. So let’s crack on and look at these four key elements that could enable you to make more profit from horse racing.
Reason One – Get Prices For Horses 24 Hours A Day
I don’t know about you, but one of the real frustrations I have as a punter is reading the newspaper or hearing on the television of a good early price for a horse, yet when you go on the internet to check, prices are not always available.
And of course there is not a bookie in the land that opens there doors at 7am, so that avenue is blocked off as well.
With a betting exchange however, you can place a bet whenever you want. This enables you to take advantage of the often advantageous early prices of horses, long before everyone else starts lumping their cash on, leading to the price coming down.
Some of my members actually place their bets as soon as I advise them in the morning, meaning that they can take the best priced odds available, or indeed as I mentioned in the previous article, by naming their own price to see if it gets matched.
Reason Two – No Limit On Betting Stakes
How frustrated would you be if you’d received information from your horse racing tipster, about a gem of a horse that was over valued in price and likely to win its race, only to discover that putting a substantial bet on at 20/1 was out of the question?
Well, it can and does happen. More so in the local high street bookies, where you may be given the option to have some of the bet at 20/1 and some of the bet at the Starting Price – which is likely to be far lower come race time.
By betting on horse racing using an exchange, this does not happen. If you place a request to back a horse for a large sum at 20/1 and another punter is willing to lay the bet at that price, then you are able to have your bet placed without any questions being asked
Reason Three – The Race Has Started, But You Can Still Place Your Bet.
If you’ve ever got to the bookies just as a race is about to start, only to be told by the ‘friendly’ assistant behind the desk that you’re too late to place your bet, then you’ll like this one.
Betting exchanges actually allow you to continue placing bets on horses in a race, even after the race has started. This is something that is both new and requires nerves of steel, as while the race is still going, the betting market for each horse is constantly changing as each horse jostles for position in the race.
Of course, in the longer races, say a two mile hurdle race, there is a little more time to think, but in a five furlong sprint race you do not have much time at all, in fact most races are over in 60 seconds or less!
I must admit that this is not something that I myself do, as it is simply too risky for my betting philosophy, however there are plenty that do like the excitement of it, and profit from it.
Reason Four – Trading Your Bets To Secure Yourself A Profit
I’ve deliberately left this one until last, as it is a kind of an underground betting tactic if you like, although it is now growing in popularity. It’s a tactic often used by traders who play the financial markets, but it can be used for betting on horse racing as well, and can guarantee you a profit on a given race.
Guarantee a profit I hear you say, never. Well, let me explain:
Imagine that you’ve chosen to back a horse at 5/1 in a race. You think the price will shorten come race time, and so you’ve done the right thing and taken the early price. Having secured your early price of 5/1, you place your bet of £50 on the horse.
As race time approaches, you notice that the price of your horse has come in from the 5/1 that you backed it at, to a price of 2/1. Due to the drop in price, you could also decide to lay the horse to lose and place £75 on that bet.
So, how are you guaranteeing a profit by doing this? Well, there are of course only two possible outcomes for the horse that you’ve selected –it will either win the race or it will not.
If your horse wins its race, your winning bet will profit you £250 (£50 at a price of 5/1) but your lay bet was not successful and so you will pay out £75 for this. Therefore your total profit is £250 less £75, which is £175.
However, if your horse loses it race, your lay bet will profit you £150 (£75 at a price of 2/1) but your ‘to win’ bet was not successful and so you will pay out £50 for this. Therefore your total profit is £150 less £50, which is £100.
So there you have it, it is possible to guarantee that you make a profit in a race, if you are able to back the horse at one price and lay it at another (lower) price. This can also be done in reverse too, so you could lay a horse to begin with, and if its price drifts out (increases) then you can guarantee profits by backing the horse at the higher price.
So this concludes part two, the final part of this article series regarding betting on horses using the betting exchanges. As you can see, there really is no mystique surrounding them and I highly recommend that you give them a go.
Wednesday, April 8, 2009
Spread Betting On Horse Racing Explained
I did briefly touch on spread betting on horses in a previous article, so as promised, I am going to elaborate on it in this article.
I have noticed that spread betting is becoming a more popular way for punters to bet on horse racing, as if it's done correctly it can enable you to really rack up large amounts of cash in a relatively short amount of time.
As with all gambling however, the risks are still there. If you're new to horse racing or a bit of a novice punter, you should be aware that spread betting on horse racing is a little complex, and due to the nature of how it is structured, although you can win big it can also cause you to lose a drastic amount of money if you are not careful.
This makes it absolutely essential that you must be sure that you clearly understand the methods of spread betting on horse racing.
Spread Betting On Horses Is Growing In Popularity
Spread betting is a concept that is traditionally more popular with sports that have the potential for big winning margins, so American football, rugby, cricket and darts immediately spring to mind.
Its also used by people who want to bet on the financial markets and so they bet on whether a stock will rise, fall and by how much.
I'm not actually convinced by spread betting on horses myself, as I find that the risk is just too high, yet many people successfully achieve great results with it. For many, it’s a more intriguing and enjoyable way to take calculated risks but everyone has to be aware that the risks are also pretty high, and this is what dissuades many people from trying it.
How Do You Go About Spread Betting On Horses?
The first type of spread betting on horse racing is based on what is known as the favourite’s index. Each favourite is awarded a certain amount of points. A hot favourite (for example at a price of 6/5) would likely get the maximum amount of points (which is 25), whereas a 9/1 favourite in the Grand National would only attract say eight points for the index.
Of course, what the bookies are doing here is protecting themselves, as the payout at 9/1 is going to be appreciably more that the 6/5, hence the reduction in the number of points.
So with the allocation of points, a spread is created and essentially what punters will do is buy if they feel the horse will win, or sell if they think it won't.
A real twist from traditional betting is that you can bet on the jockeys. The way jockey betting works is pretty much the exact same way as the favourite's index, with the only difference being that you are betting against a quote of how great a race (or more than one) a jockey will have.
Predicting Winning Distances Will Pocket Cash Too
Similarly, the winning distance index is played in essentially the same way but with a slight difference, as points are awarded based how much you think a horse will win by. These are broken down into short head, head, neck, half a length, ¾ length, a length and then multiple lengths (two, five, ten etc).
Typically the going of a racecourse affects what the spread and points allocation will be for distance betting, and this is where the bookies can really earn their corn. Poor judgment of how the conditions are going to affect a race could cost the bookies thousands, so they have to get it right.
In my opinion, spread betting on horses involves too much work. That is not to say that I am lazy, quite the contrary, but there are multiple factors and several key things that have to be considered properly even before you consider looking at what to back.
I do prefer a more simplistic approach and perhaps this is why I have done well, as I have kept it simple.
I'm also a firm believed in effective money management, and unlike traditional betting, or even betting on the Tote, you do not know how much you stand to lose with spread betting, until the race is over and then its possibly too late. That to me is a major drawback.
There are punters who do very, very well at this form of betting but call me old fashioned, I just prefer the more traditional approach, and certainly for all beginners out there, I advise that you do the same.
I have noticed that spread betting is becoming a more popular way for punters to bet on horse racing, as if it's done correctly it can enable you to really rack up large amounts of cash in a relatively short amount of time.
As with all gambling however, the risks are still there. If you're new to horse racing or a bit of a novice punter, you should be aware that spread betting on horse racing is a little complex, and due to the nature of how it is structured, although you can win big it can also cause you to lose a drastic amount of money if you are not careful.
This makes it absolutely essential that you must be sure that you clearly understand the methods of spread betting on horse racing.
Spread Betting On Horses Is Growing In Popularity
Spread betting is a concept that is traditionally more popular with sports that have the potential for big winning margins, so American football, rugby, cricket and darts immediately spring to mind.
Its also used by people who want to bet on the financial markets and so they bet on whether a stock will rise, fall and by how much.
I'm not actually convinced by spread betting on horses myself, as I find that the risk is just too high, yet many people successfully achieve great results with it. For many, it’s a more intriguing and enjoyable way to take calculated risks but everyone has to be aware that the risks are also pretty high, and this is what dissuades many people from trying it.
How Do You Go About Spread Betting On Horses?
The first type of spread betting on horse racing is based on what is known as the favourite’s index. Each favourite is awarded a certain amount of points. A hot favourite (for example at a price of 6/5) would likely get the maximum amount of points (which is 25), whereas a 9/1 favourite in the Grand National would only attract say eight points for the index.
Of course, what the bookies are doing here is protecting themselves, as the payout at 9/1 is going to be appreciably more that the 6/5, hence the reduction in the number of points.
So with the allocation of points, a spread is created and essentially what punters will do is buy if they feel the horse will win, or sell if they think it won't.
A real twist from traditional betting is that you can bet on the jockeys. The way jockey betting works is pretty much the exact same way as the favourite's index, with the only difference being that you are betting against a quote of how great a race (or more than one) a jockey will have.
Predicting Winning Distances Will Pocket Cash Too
Similarly, the winning distance index is played in essentially the same way but with a slight difference, as points are awarded based how much you think a horse will win by. These are broken down into short head, head, neck, half a length, ¾ length, a length and then multiple lengths (two, five, ten etc).
Typically the going of a racecourse affects what the spread and points allocation will be for distance betting, and this is where the bookies can really earn their corn. Poor judgment of how the conditions are going to affect a race could cost the bookies thousands, so they have to get it right.
In my opinion, spread betting on horses involves too much work. That is not to say that I am lazy, quite the contrary, but there are multiple factors and several key things that have to be considered properly even before you consider looking at what to back.
I do prefer a more simplistic approach and perhaps this is why I have done well, as I have kept it simple.
I'm also a firm believed in effective money management, and unlike traditional betting, or even betting on the Tote, you do not know how much you stand to lose with spread betting, until the race is over and then its possibly too late. That to me is a major drawback.
There are punters who do very, very well at this form of betting but call me old fashioned, I just prefer the more traditional approach, and certainly for all beginners out there, I advise that you do the same.
Sunday, April 5, 2009
Which Racing Tipsters Should You Trust?
Have you ever wondered how racing tipsters can predict the winners of a horse race better than most people who gamble on their own?
Well, the truth is that for the most part, when racing tipsters start out they are pretty much the same as most punters, being interested, fascinated and often frustrated in attempting to pick the horse that will win.
Why Them?
What launches them into the upper ranks and separates them from your regular punter, is the experience and the knowledge that they will have gained after many years of being interested and involved in horse racing.
From my point of view it was lots of reading, listening to other experts and attending lots of live racing that formed an essential part of my education. The difficulty arises of course when you have to separate the experienced and therefore more reliable ones, from the not so experienced and not so reliable ones.
To put it into simple terms, when you consult a horse racing tipster or expert, the truth is that you're tapping into their experience and qualities of being able to identify which horses can't win and which horses could win, and in many cases there are definitely horses that cannot win, which some people find surprising.
I recently interviewed one of the most respected horse racing experts in the country, although for obvious reasons I will not name names. He is considered one of the top people in his professional and appears on both television and radio.
He revealed during the interview that he became interested in horse racing from a very young age, and used to travel to meetings with his best friend. Having seen some live racing he was instantly hooked, and that's how he got into the business.
One thing is certain, no matter where or what kind of racing tipsters service you use there is never going to be such a thing as a sure-fire bet, but should you find a reliable one then you can certainly increase your chances of picking winners markedly, that is for sure. The key is how do you find the reliable ones? I'll now explain some of things to watch out for.
Reliable Racing Tipsters - What To Look For
The first thing I advise people to do is contact their prospective tipster. I know this may sound basic and almost elementary; however it is a very good way of finding out about them and an effective way to start forming an opinion of them.
A few emails to begin with should suffice; ask about their background, their successes, and their failures. Try to establish how long they have been providing racing tips to punters and how they got into horse racing. Do they specialise in National Hunt racing, flat racing or both?
Ask them how successful their service is. Anyone who claims they've never had failures can be eliminated from your list straightaway, as can the tipsters who claim to be able to make you rich overnight with a strike rate of 95 per cent.
If they are charging a subscription or one off fee for their services (which most reputable horse racing tipster services do) then ask them if they can offer you a free trial of their service. If they're genuine and they're keen to increase their membership, plus keep their reputation intact, then they ought to oblige you a trial period of their racing tips.
Once again, anyone who comes across as reluctant to do so, or evasive, avoiding particular questions should be avoided. Furthermore, you are certain to start forming an opinion of them over time and your gut instinct may well tell you that they are not to be trusted.
Should You Follow Your Initial Impression?
This is an intriguing one, as you're never certain to know whether you've made the right choice, until you've made it. The main thing is, if you're experimenting without paying a penny, then at least you're not throwing money away to find out that the service you've chosen is not suitable for you.
It sounds like an interrogation, coupled with a sprinkling of science and a bit of gut instinct thrown in, but seriously this is easier than you think. By asking specific questions, some of which I have highlighted in this article, you will be able to more accurately assess the good from the not so good.
As you ask more questions and start to form a little relationship with a tipster, you should be starting to think whether or not you feel this is right, and whether he can be trusted to give you the information that’s going to get you some winners on a fairly regular basis.
It’s a bit like buying a car really, as you know what you want the end result to be, for example own a car, or in this case, achieve some winners.
The key lies in the person 'selling' you the car (or racing tips), as if you develop a good relationship with him, you may be tempted to buy from him, however if there appears to be something not quite right about him, then walk away.
Well, the truth is that for the most part, when racing tipsters start out they are pretty much the same as most punters, being interested, fascinated and often frustrated in attempting to pick the horse that will win.
Why Them?
What launches them into the upper ranks and separates them from your regular punter, is the experience and the knowledge that they will have gained after many years of being interested and involved in horse racing.
From my point of view it was lots of reading, listening to other experts and attending lots of live racing that formed an essential part of my education. The difficulty arises of course when you have to separate the experienced and therefore more reliable ones, from the not so experienced and not so reliable ones.
To put it into simple terms, when you consult a horse racing tipster or expert, the truth is that you're tapping into their experience and qualities of being able to identify which horses can't win and which horses could win, and in many cases there are definitely horses that cannot win, which some people find surprising.
I recently interviewed one of the most respected horse racing experts in the country, although for obvious reasons I will not name names. He is considered one of the top people in his professional and appears on both television and radio.
He revealed during the interview that he became interested in horse racing from a very young age, and used to travel to meetings with his best friend. Having seen some live racing he was instantly hooked, and that's how he got into the business.
One thing is certain, no matter where or what kind of racing tipsters service you use there is never going to be such a thing as a sure-fire bet, but should you find a reliable one then you can certainly increase your chances of picking winners markedly, that is for sure. The key is how do you find the reliable ones? I'll now explain some of things to watch out for.
Reliable Racing Tipsters - What To Look For
The first thing I advise people to do is contact their prospective tipster. I know this may sound basic and almost elementary; however it is a very good way of finding out about them and an effective way to start forming an opinion of them.
A few emails to begin with should suffice; ask about their background, their successes, and their failures. Try to establish how long they have been providing racing tips to punters and how they got into horse racing. Do they specialise in National Hunt racing, flat racing or both?
Ask them how successful their service is. Anyone who claims they've never had failures can be eliminated from your list straightaway, as can the tipsters who claim to be able to make you rich overnight with a strike rate of 95 per cent.
If they are charging a subscription or one off fee for their services (which most reputable horse racing tipster services do) then ask them if they can offer you a free trial of their service. If they're genuine and they're keen to increase their membership, plus keep their reputation intact, then they ought to oblige you a trial period of their racing tips.
Once again, anyone who comes across as reluctant to do so, or evasive, avoiding particular questions should be avoided. Furthermore, you are certain to start forming an opinion of them over time and your gut instinct may well tell you that they are not to be trusted.
Should You Follow Your Initial Impression?
This is an intriguing one, as you're never certain to know whether you've made the right choice, until you've made it. The main thing is, if you're experimenting without paying a penny, then at least you're not throwing money away to find out that the service you've chosen is not suitable for you.
It sounds like an interrogation, coupled with a sprinkling of science and a bit of gut instinct thrown in, but seriously this is easier than you think. By asking specific questions, some of which I have highlighted in this article, you will be able to more accurately assess the good from the not so good.
As you ask more questions and start to form a little relationship with a tipster, you should be starting to think whether or not you feel this is right, and whether he can be trusted to give you the information that’s going to get you some winners on a fairly regular basis.
It’s a bit like buying a car really, as you know what you want the end result to be, for example own a car, or in this case, achieve some winners.
The key lies in the person 'selling' you the car (or racing tips), as if you develop a good relationship with him, you may be tempted to buy from him, however if there appears to be something not quite right about him, then walk away.
Wednesday, April 1, 2009
Horse Racing Tipster Service Figures For March
I thought I'd give you the end of month update on our horse racing tipster service, as yet another month comes to an end; so that leaves less than 9 months to Xmas then eh!?
Well as you will have seen from my last update, the month of March has been very successful and our quality, value-driven racing tips have continued to come in. Now it doesn't always happen like this, as any professional punter will tell you, there are good months and not so good months, but the secret to success is sticking with your system.
This is something that I have learned from years of experience, and don't worry, I've been in a position where I've bailed out early, only to regret it later.
It also emphasises (and I know I do go on about it a lot - for good reason) our strategy of looking for value priced horses, as opposed to just backing short priced favourites.
Anyway, back to March's racing tips results...
Well in the past 4 days, one horse has secured 2 wins for us that has pushed us up to the lofty heights of achieving our best ever end of month score.
Handsinthemist, with 2 wins at Southwell, firstly at 6/1 although we advised at 11/1, and then at 4/1 although we advised at 7/1, has given us an end of month betting bank profit of 79.30 points - a tremendous effort from the entire team :)
So overall an excellent month for our Grosvenor Racing Club members, and although it is April 1st I kid you not, that we'll be looking to keep the momentum going for April too.
I hope you all were able to take advantage of our racing tips this month, but for those of you who are still not members yet, please read on...
I am still keeping my prices as they were for all of 2008, and will continue to do so for all of 2009, given the economic situation, so please click on the link below:
=> Get Free Horse Racing Tips For 21 Days ... and Then Pay 2008 Prices For Membership <=
I guarantee this price freeze for the rest of the year, and you have a full 21 days to test drive our service, AND you are covered by our full 60 day money back guarantee, so we're eliminating any possible risk for you.
Well as you will have seen from my last update, the month of March has been very successful and our quality, value-driven racing tips have continued to come in. Now it doesn't always happen like this, as any professional punter will tell you, there are good months and not so good months, but the secret to success is sticking with your system.
This is something that I have learned from years of experience, and don't worry, I've been in a position where I've bailed out early, only to regret it later.
It also emphasises (and I know I do go on about it a lot - for good reason) our strategy of looking for value priced horses, as opposed to just backing short priced favourites.
Anyway, back to March's racing tips results...
Well in the past 4 days, one horse has secured 2 wins for us that has pushed us up to the lofty heights of achieving our best ever end of month score.
Handsinthemist, with 2 wins at Southwell, firstly at 6/1 although we advised at 11/1, and then at 4/1 although we advised at 7/1, has given us an end of month betting bank profit of 79.30 points - a tremendous effort from the entire team :)
So overall an excellent month for our Grosvenor Racing Club members, and although it is April 1st I kid you not, that we'll be looking to keep the momentum going for April too.
I hope you all were able to take advantage of our racing tips this month, but for those of you who are still not members yet, please read on...
I am still keeping my prices as they were for all of 2008, and will continue to do so for all of 2009, given the economic situation, so please click on the link below:
=> Get Free Horse Racing Tips For 21 Days ... and Then Pay 2008 Prices For Membership <=
I guarantee this price freeze for the rest of the year, and you have a full 21 days to test drive our service, AND you are covered by our full 60 day money back guarantee, so we're eliminating any possible risk for you.
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