From the category archives:

Laying

February 11, 2012

The Laying Game

I am looking at the Laying Game, a selection bot which sells for £39.99. This looks simple enough, download and install the software, get a key (which lasts for 12 months). Press Scan, wait a minute and bet on the selections.

Not a whole lot more to say at this point!

I will use BSP for the odds and £10 stakes. I will use the rule from the website and filter selections with odds above 10.

Here goes.

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Filed under Horse Racing Systems,Laying by Arthur

February 10, 2012

Risk Free Trader

Risk free trader is a risk free trading system available from the well respected Steve Davidson school of betting strategies.

At first inspection you may think that this  particular system offers nothing new to the concept of risk free betting, where your betting liability is covered with an appropriate stake on either the bookies or at the betting exchange. However, you would be quite wrong. This particular strategy exploits a little known loophole between the two primary  betting services. Its’ concept really is quite genius, to say the least!

The system currently costs the princely sum of £149.95 for the E-book. This is clearly explained in sufficient detail for most, however you will need to be relatively competent with simple arithmetic to benefit from this method. There is the standard method and the E-book also goes onto describe an advanced method that enables you to take on viable trading opportunities that at first glance, may not have presented themselves as such.

I took the time to create a spreadsheet to do the number crunching for me and one negative of this   Package is that for the money, perhaps a spreadsheet should really have been included in the deal to perhaps make this strategy more widely appealing to those who feel that mental arithmetic is not their strong point.

Refreshingly, this system does not descriminate and allows the user to work with UK and Irish racing all week, every week – bank holiday and Ascot, Cheltenham race meets included !
There should be plenty of opportunities to make a few quid here but for the fact that the system does primarily target  one specific type of race/pricing structure.

In the last few weeks that I have been following this method, the racing scene has been a little inconcistent with cancelled meetings and many of  the required  races haven’t presented themselves to me too  frequently. So much so that I was only able to place trades on the days shown below.

WIN LOSE
26/01/2012 GowP 13:35 Zaidpour 5.1
Newc 16:15 Arizona River -2
Warw 13:25 EasyDoesIt NR
GowP 13:35 Zaidpour 7.92
13:15 Arnaud -2
16:15 Arizona River -2
Warw 16:25 Whisky Yankee 2.86
16:25 Whisky Yankee 5.13
16:25 Whisky Yankee 4.48
30/01/2012 Ayr 12:50 Jet Master 9.68
Plumpton 13:10 Edlomond 10.08
31/01/2012 Folkestone 14:50 Opening Batsman -2
01/02/2012 Newcastle 15:20 Falcun 3.8
03/02/2012 Wolv 15:50 Source of Light -2
15:50 Captivity 2.76
17:20 Songbird Blues 3.61
17:20 Angel Warrior -2
04/02/2012 Punchestown 15:55 Garde Champetre 5.16
16:25 Big Phil 5.44
09/02/2012 Wolverhampton 16:35 Superplex -2
10/02/2012 Kempton 14:40 Gores Island -2
17:25 Milgen Bay 33.5
17:25 Sir Harry Ormesher 51.28

As you can see – today was the most profitable day with two of the three selections making good returns, but it should be noted that these selections were at the higher end of the odds range. You will also note that I took the opportunity on the 26th to place three seperate trades on Whisky Yankee, if the money is available on the exchange at the right price, you can keep putting on your trades..!

Once you get you mind tuned into what to look for, choosing the selections is a doddle and with the aid of a simple speadsheet that I mentioned earlier, selections can be made in a few moments. However, you will have probably already guessed this being a trading system you will have to
place your bets between the exchange and your choosen  bookie account within a few minutes otherwise your profit in the trade could be reduced ( or it  could increase!) as the prices can move in an instant. But with the stakes matched , you have the reassuring comfort that  you are in a favourable position knowing that the  only loss you will  incur at the very most, will be equivalent to the  exchange commission only  on the trade.

So, my foray into the risk free arena over for now, I am happy to say I met with no unexpected surprises and I managed to bag a tidy profit of  at £134.80 at £20 stakes over 8 days.

However, one thing that became apparent was that some of the horses that I deemed as qualifiers were at the higher end of the odds range. Whilst this is not a problem from the laying perspective provided you have sufficient to meet the lying liability requirement in your exchange account, you will need to consider the  relatively infrequent occurrence of your selection taking first place at the post. The way this method is structured means that your lay stake will lose and  you will need to consider moving further funds into your exchange account to make good the difference in order to maintain a reasonable balance for future trades in your exchange account.
Additionally, in order to make the most of the betting opportunities you will need to work with at least half a dozen bookies accounts because you are looking for the best price on offer. Don’t forget if you use a BOG bookies too and the selection drifts and takes first place your potential profit on the deal is increased further (regrettably, this didn’t  happen for me during the trial!).

So, if you are prepared to make the effort with keeping good account of your transactions day to day, this method will stand you in good stead,(for the present time at least – you will understand this when you read the manual).  The only limiting factor in the profit making capability of this system is the amount of money available to lay at the time you decide to take your selections.

The initial price may put many off, but this a real gem of a method to make profits, and I would suggest that the the only real time expended in its use being sensible money management of your accounts at the end of the day.

I only wish there were more systems like this,  that actually matched  up to the bold claims others make on their (generally speaking), over-indulgent and excessively hyped websites.

So with a reaonably smug grin it is a positive thumbs up from me, APPROVED.  Great Method and unless you are making some serious mistakes or completely misunderstand the system (in which case perhaps you should question why you are playing the betting game at all), you can’t help but  profit with the Risk Free Trader system.

NOTE: This particular system like others from Steve Davidsons catalog does not offer a money back option. But, I am sure that those  serious about making (almost) risk free money making trades will not have issue with this, as it will pay for itself in a relatively short period of time.

You can get Risk Free Trader here:

http://www.cash-master.com/riskfreetrader.php

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Filed under Backing,Each Way,Horse Racing Systems,Laying by Guy

February 9, 2012

Steamer Bot

This is a betting bot that identifies steamers and drifters in the Betfair market and bets on them for you according to whatever criteria you set.

It’s a very nice piece of kit and the website has videos that shows you what it does and how to set it up.

I’ve set mine up to back the biggest steamer in each race between 3.00 and 50 with a minimum movement of 10%. Any selections identified that are over 5.0 it will back it in the place market, any selection below 5.0 it will back 25% in the win market and 75% in the place market (clever isn’t it?). All this is up to the user so I thought this might be worth a bash.

At the same time I’ve set it to lay the biggest drifter for a maximum liability of £10, this time in the win market.

Let’s see how it does.

It’s worth having a look at the short video on their home page, or indeed the more detailed ones on their ‘Instructions’ page, as it explains it all clearly there.

Have a look here:

http://www.cash-master.com/steamerbot.php

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Filed under Backing,Betting Bots,Horse Racing Systems,Laying by Graham

February 9, 2012

Beaumonts Bets

January was a testing month for Beaumonts Bets, not helped in the least by Betfair crashing on 13th. Since the recommended method is to back the selections in the morning and lay off 75% of the bets on Betfair before the off using a bot, this meant that the lay side of the bets on that day couldn’t be placed.

As is the way with these things, it wasn’t a profitable day just backing and they lost 19.05 points. This of course would have been offset with the lay bets, just as they are normally on any other day, had Betfair been up and running.

Fortunately this is a rare occurrence; just imagine how much money Betfair lost that afternoon in commissions!

The good news, however, is that despite that setback, the Beaumonts Bets service still returned an impressive 23.1 points for January using the Back/Lay 75% method, which is in line the with target 24 points per month profit on an 80 point bank, or 30% a month.

This brings the total points profit since August to a whopping 477.52 points. That’s an average monthly profit of 79.58 points which is, near as dammit, 100% return a month.

August: 88.98
September: 95.55
October 117.69
November: 97.10
December: 55.10
January: 23.10

Total: 477.52

This is totally unprecedented in horse racing, especially when you consider the risk on the majority of bets is only one quarter of one point.

Paul has also posted some videos on the site covering Gamblers Mentality, How to make Insurance Bets, and general introduction into why his method works so well.

You can have a look here:

http://www.beaumontsbets.com

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Filed under Backing,Betting Bots,Horse Racing Systems,Laying by Graham

February 1, 2012

Profitable Lays Final Review

Profitable Lays is a system selling for £97 by Chris Adams. As the name suggests this is a horse racing laying system with three very simple rules. The system is very mechanical, and is fire-and-forget, so if you had access to a suitable bot, you could place the bets before work in the morning and relax for the rest of the day.

One caveat though; selections are made using the Racing Post. Because the RP Website can remove non-runners if declared early enough and adjust the forecast odds on the remaining horses, the racecard can differ between the online and printed versions. Selections are taken from the printed version (so you may need to purchase the RP), or just use Chris’ selections site. I suspect that, if you subscribe to RP online and you make your selections the night before you won’t have too many variations with the printed version.

After 51 days of trial the profit to £25 stakes is a mere £4.80. OK, I missed some days during December which would have added 17 points. However I don’t believe that this is a credible total for now 57 days of betting. Normally this would categorise this as a FAIL, but some further analysis makes different reading.

Firstly the result contain an apparently “freak” loss of 16.05 points in one result. I assume that a loss of this size had not been encountered before. Had this result not occurred the overall figures would look very much better. More on this later.

Secondly, look at the following table, which is profit/loss be course:

Course Points Total
Muss 8.81
Newc 6.53
Chelt 5.78
Donc 5.32
Font 5.01
Hunt 4.64
Tow 4.24
Ayr 3.00
Plump 3.00
Bang 2.70
Catt 2.34
Folk 2.07
Lud 1.86
Warw 1.50
Sedge 1.41
Taunt 1.20
Here 0.93
Utt 0.65
Plum 0.51
Kel 0.50
Winc 0.04
Ascot 0.01
Newb -0.21
Weth -0.28
Ex -0.85
Sand -1.53
Fak -1.63
Taun -1.90
Ling -2.53
MR -2.72
South -3.50
Wolv -4.88
Hay -5.25
Kemp -25.49

You will note that the four All-Weather courses occupy most of the worst courses. Even removing the “freak” result mentioned above will still put Kempton at the bottom. I won’t be recording results from now on, so won’t be continuing with this analysis, but this data suggests that AW should be avoided. An extra nearly 40 points on top of the 17 I missed makes this system look a great deal better.

Odds analysis is as follows:

Odds less than 6 659 bets 265 losers
Between 6 and 7 8 bets 1 loser
Between 7 and 8 3 bets 1 loser
Between 8 and 9 3 bets No losers
Between 9 and 10 2 bets No losers
Over 10 5 bets 1 loser

From this you can see that the “freak” loss is quite unusual, but an odds filter of, say not greater than 6, will remove some 13 winning bets but will pay dividends if those bets then lose. However, the freak loss is only slightly more than the number of winning bets you would not have made. Something to think about.

Now, before we get all exited, an extra 40 points at £25 per point IS NOT (40 * 25) £1000 because it’s not the net gain of 40 points that is subject to 5% commission, it’s the total winning bets that are subject to that. Therefore the profit total stated on the sales page is incorrect. It is difficult to calculate what the true figure should be though.

To conclude then, 11 points over 51 days is not a brilliant return. An extra 40 points was available by not betting AW. A sensible odds filter would have saved us from a big loss but also lost some winning bets which more or less balanced out. Add another 17 points for the 6 days I missed in December  and a points total of 67 points in 57 days does not look too bad. Therefore I cannot simply FAIL this but I cannot see this as a PASS either as the filters discussed above are not part of the system. NEUTRAL it is then.

You can get Profitable Lays here:

http://www.cash-master.com/profitablelays.php

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Filed under Horse Racing Systems,Laying by Arthur

February 1, 2012

Profitable Lays

Day 51 – 31 January:  Today 2.23 points. Total 11.28 points.

Overall Strike Rate is 54.03% with average odds of 2.97.
Overall return to £10 stakes is £1.92 and to £25 stakes is £4.80.

 

Folks, I know there was racing between 22nd and 29th December, but because I don’t get the printed version of the Racing Post I did not track these events. Apparently I have therefore ignored some 11.13 points of profit.

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Filed under Horse Racing Systems,Laying by Arthur

January 31, 2012

Profitable Lays

Day 50 – 30 January:  Today 3.46 points. Total 9.05 points.

Overall Strike Rate is 53.31% with average odds of 2.97.
Overall return to £10 stakes is -£18.55 and to £25 stakes is -£46.37.

 

Folks, I know there was racing between 22nd and 29th December, but because I don’t get the printed version of the Racing Post I did not track these events. Apparently I have therefore ignored some 11.13 points of profit.

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Filed under Horse Racing Systems,Laying by Arthur

January 29, 2012

Profitable Lays

Day 49 – 28 January:  Today 4.16 points. Total 5.59 points.

Overall Strike Rate is 52.94% with average odds of 2.97.
Overall return to £10 stakes is -£49.97 and to £25 stakes is -£124.93.

 

Folks, I know there was racing between 22nd and 29th December, but because I don’t get the printed version of the Racing Post I did not track these events. Apparently I have therefore ignored some 11.13 points of profit.

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Filed under Horse Racing Systems,Laying by Arthur

January 28, 2012

BestLays – Final Report

Today brings my 4 weeks evaluation of the modified system to an end. After some considerable ups & downs along the way, we have ended the month 2.6pts in profit. This may not seem much of a return for a month of betting but we have come through some very poor conditions, cancelled meetings, etc and many systems are showing losses. So I don’t intend to Fail this service, though with such a result it hardly justifies a Recommended either.

The official results show just about a break even situation for this period, the difference being accounted for by my bot not being the same as the official one. I feel a bit like Eric Morecambe with Andre Previn here, because I was following the rules but not necessarily getting the same odds. The recommendation, if using a bot, is to take the lay price at 20 seconds before the start but since this is a time when prices can be changing rapidly, occasionally a horse is missed. This gives me some misgivings in the case of those who are operating manually, it’s quite possible for them to be laying or missing horses which may or may not be a valid selection at the official time.

In other respects, this is a well operated service: the emails arrive well in time, there is a results page on the website and also instructions for setting up the GHB, if you happen to have it. Like all laying systems, it will always have its bad days. For this month at least it managed to survive them without loss. My recommendation has to be a Neutral in light of this.

You can try Best Lays here:

http://www.cash-master.com/bestlays.php

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Filed under Horse Racing Systems,Laying by Terry Shepherd

January 28, 2012

Profitable Lays

Day 48 – 27 January:  Today 6.15 points. Total 1.43 points.

Overall Strike Rate is 53.02% with average odds of 2.97.
Overall return to £10 stakes is -£88.07 and to £25 stakes is -£220.16.

 

Folks, I know there was racing between 22nd and 29th December, but because I don’t get the printed version of the Racing Post I did not track these events. Apparently I have therefore ignored some 11.13 points of profit.

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Filed under Horse Racing Systems,Laying by Arthur