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.
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