From the category archives:

Laying

August 12, 2014

The Laying Game

Unfortunately there’s not much to report other than this is still going in the wrong direction…

Win Market

Bets: 863
Successful: 653
Unsuccessful: 210
Strike Rate: 75.7
Avg Odds: 4.99
Profit: -£27.29

Place Market

Bets: 419
Successful: 240
Unsuccessful: 179
Strike Rate: 57.3
Avg Odds: 2.64
Profit: -£234.43

Total Profit: -£261.72

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

1 comment

August 4, 2014

PBS Lay Tips Service

This is a one off review of a service run by the Profitable Betfair Systems website.

PBS is a membership site that costs £29.99 for lifetime access and currently contains 20 different Betfair systems which are all, apparently, profitable.

They recently started providing tips for one of their Lay systems, so I tested this out between 10th of June and 3rd July.

This particular system targets odds on favourites and bets are placed before the off at odds of 1.11 and left to go in play. The idea is that the odds on favourite is very likely to win and therefore should go to a price of 1.11 in running at which point your bet is matched. However, plenty of favourites are pipped at the post which would mean a winning lay at a very good price.

The strike rate is expected to be low, but this is mitigated by the ‘value’ price and the staking plan. The staking plan is basically increasing the stakes by one point after each losing bet, up to a maximum of 15 points, after which you write it off.

I played with £10 per point stakes on a £300 bank. Don’t forget though that bets are only placed at odds of 1.11 so a £10 stake represents £1.10 risk on the bet on level one (then £2.20, £3.30 etc).

Here are the results:

10th June – 3rd July

Bets: 68
Successful: 4
Unsuccessful: 64
Strike Rate: 5.9%
Avg Odds: 1.11
Profit: -£301.96

Unfortunately during my trial there were far too many runs of 15 losers whereby the loss is written off and this meant I bust the bank in about three weeks, which was disappointing.

I asked PBS about this and this was their response:

“I never wanted to start the tips service in the first place, I had always expected people to find their own bets from knowing the system and playing it as and when they decide, rather than stick to tips.

I am more gutted as people only seem to be interested in the systems that are being reviewed rather than our whole website but that’s the way it goes.

With regards to the tips, we have noticed they have turned the other way since starting the service and we can see why too, as we noticed from the start people were putting in high bets at odds just above our 1.11. This is why we never wanted to start the tips service for this idea. We are working on a number of other services but for this website we want to only sell systems memberships and not tips.
We will honour any signups to the tips service and continue to send them, but truth is everyone has left now, and I do not blame them, all ideas in our website work and work well when doing your own thing with them rather than directing hundreds to same tips and stakes and odds, but most systems in our website iron these thing out without tips needed.

I hope I can get more reviews from yourself in the future should we start anything new, but you can be sure it’s all going to be tested for a long period, before we do anything new.”

So there you have it. It appears that the service created its own downfall with too many people laying the same selections at the same price at the same time.

Obviously this goes down as Failed but I shall certainly have a look at the other systems available on their site and run through those to see if any have potential. At £29.95 for lifetime access, we only need to find one good system to pay for it.Failed

You can try the PBS Systems yourself here:

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

Filed under Horse Racing Systems,Laying by Graham

1 comment

August 3, 2014

The Laying Game

Six weeks in, half way through the trial, and it’s all gone to pot… so far.

The place lays have continued to perform poorly, going further into negative territory and the win lays have given back almost all previous profits to the market:

Win Market

Bets: 732
Successful: 558
Unsuccessful: 174
Strike Rate: 76.2
Avg Odds: 4.97
Profit: £38.80

Place Market

Bets: 355
Successful: 203
Unsuccessful: 152
Strike Rate: 57.2
Avg Odds: 2.65
Profit: -£207.27

Total Profit: -£168.47

I’ve now switched both my tabs to ‘Test’ mode on Bet Engine to avoid losing any more of my hard earned.

Filed under Horse Racing Systems,Laying by Graham

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July 19, 2014

The Laying Game

One month into this new test and the results have turned a bit.

The place lays have performed poorly, going into negative territory and the win lays have given back to the market too:

Win Market

Bets: 476
Successful: 374
Unsuccessful: 102
Strike Rate: 78.6
Avg Odds: 5.05
Profit: £143.48

Place Market

Bets: 255
Successful: 149
Unsuccessful: 106
Strike Rate: 58.4
Avg Odds: 2.62
Profit: -£86.91

Total Profit: £56.57

I’ve been chatting with another user of this system, and also fellow reviewer on this site, Guy who suggested including a reduction factor filter on the Bet Engine so that it doesn’t bet if there are significant non-runners. This sounds like a sensible option but I will continue with the test as is so we get an accurate reflection of the results using the method ‘as described’.

Filed under Horse Racing Systems,Laying by Graham

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July 14, 2014

Little Acorns

I last did an update on this neat little system in February 2013 with the following results:

2008 = +219.04
2009 = +191.68
2010 = +109.66
2011 = +134.92
2012 = +76.92

Total 5 years +749.63

Well the results for last year were no different:

2013 = 127.24 points

And every month so far this year has produced a profit, so far totalling 42 points.

This is a solid, stable betting system and one that I’ve used for years now. It makes a small but regular profit to level stakes with very small liabilities, but a much more impressive profit using the recommended staking plan.

It’s very simple to use, takes only a couple of minutes a day, and can be used in conjunction with the Bet Engine to fully automate the process if you so desire.

check out this recent testimonial:

“I have been enthusiastic about Little Acorns ever since I bought it! 

I started with a low Target and built this up to £100 per day! I do love the low liability of this laying system – Since January 4th I am showing a profit of £6074.25. This is not betting every day and when on holiday. I actually recorded the possible bets for 54 days from January 4th until June 12th, which averages £112.49 per day! I repeat, this was if I had used the system properly, if only I had!

My total winnings since April 1st 2010 is £32,084.75 starting with £30 Target. Increasing to £60 and then £100.”

You can get Little Acorns on a 30 day trial here:

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

Filed under Horse Racing Systems,Laying by Graham

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July 6, 2014

The Laying Game

Another great week for this system. The place lays made a small loss but the Win lays did very well again so overall the bank is surging ahead.

It takes about two minutes to set up each morning. I load it, click on the Scan button, and within 10 seconds it spits out the bets for the day. I save those to a spreadsheet, add a date column, and load it into The Bet Engine and start it up.

That really is it.

I’ve been betting to £10 liabilities, so on a losing bet I lose £10, and on a winning bet, I win a varied amount depending on what the odds are on the horse. I’ve been running this on both the Win market and the Place market on Betfair and here are the results after two and a half weeks:

Win Market

Bets: 249
Successful: 207
Unsuccessful: 42
Strike Rate: 83.1
Avg Odds: 5.05
Profit: £230.44

Place Market

Bets: 128
Successful: 81
Unsuccessful: 47
Strike Rate: 63.3
Avg Odds: 2.58
Profit: £67.10

Total Profit: £297.54

This software costs £59.97 for A WHOLE YEARS access.

You can get The Laying Game  here:

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

Filed under Horse Racing Systems,Laying by Graham

9 comments

July 3, 2014

The Lay Analyst

The Lay Analyst is one of six services offered by the Pro Betting Club and is a stand alone service offered at £39.50 a month or £89.50 for a 3 month period. A quick recap on the service –The Lay Analyst works on both UK and Irish races and covers National Hunt, All weather and Turf Flat racing throughout the year.

Selections are available online daily from 12:30 and with the password provided a simple log in takes the user to the relevant page of the daily selections. In the case of this service all selections must pass through a couple of filters utilised in the minutes before the off time to qualify as a Lay Bet. The number of points per qualifying bet is also provided and these range from 2 points up to 6 points generally and a 200 point betting bank is recommended.

The service is only suitable to a user who can be in front of a computer when qualifying races are due. On some days there can be up to 30 selections covering the period from circa 14:00 up to 20:30 so some stamina is required but there again making money does require some effort. I had hoped that a bot could be employed but at this time there is no suitable bot that can deal with the jump from filter 1 to 2, although in practice to the user, in front of the computer at the time, this stage will present no problems.

This report covers the final month of the trial from 1st June 14 through to the 30th June 14.

I had 15 selections that passed through both filters and became qualifying bets. Of these qualifiers 14 of them won for me (i.e they lost the race) and the 1 loser meant that the strike rate on the system was some 93% .

Of note during June Cashmaster put the “techies” at BetEngine in touch with the system providers to commence a trial of making the system “bot friendly”. Initial feedback is that the system does appear to be working on the BetEngine set up. This step, if it does work out, would really enhance the system as it would remove the need to be at the computer through all of the selections, checking to see which of them will pass through the 2 filters.

As previously stated in my earlier reports the actual procedure for checking whether a selection has turned into a qualifying bet is in itself very easy to do. However checking some days 30 plus selections would eventually wear a user down and almost certainly “sods law” would come into play if you missed a day, that would turn out to be the day a handful of the selections became winning bets.

So to the bank :

Opening Bank 200 points -31st May 171.75 points Close 30th June =180.70 points (net of 5% B/F comms)

Adding the monthly fee of £30 a month leaves a closing bank of some 172 points, a loss over the trial period of 28 points.

However it should be borne in mind that a 60 point loss occurred when the qualifying bet in an amatuer race got home. Please see my report for last half of May. I believe that we shouldn’t really be trying to lay horses in amatuer races and if that was removed from our results then we would have ended up over the trial period some 32 points and be looking at a 16% return.

Conclusions

This system, providing it can be set up on a bot, can potentially produce good returns on the initial investment. As the minimum staking on Betfair is £2 then a betting bank of £400 would be the minimum required.

The other condition I would employ would be to avoid amatuer races. They do not feature that often and when laying horses with this system at relatively long prices I believe this is a sensible additional filter.

So I give the system a pass if those two points are met.Approved2

You can try The Lay Analyst here:

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

Filed under Horse Racing Systems,Laying by Doug Wheatland

0 comments

July 1, 2014

The Simple Lay System

I’m being forced to call a halt to this trial.

I have been getting the selections from the system author, who charges a minimal £2.49 a week to send them through, which saves 15 minutes a day working them out myself.

I asked him why there have been no selections for a while and this was his response:

“Apologies a few personal issues have meant I haven’t been able to send selections as well as run other services. For the time being I won’t be able to send selections for this service, entirely up to yourself if you want to run the remainder of the trial finding selections yourself or shelf the trial.”

So it would appear that he has no interest in continuing with the review which, considering the results to date, doesn’t bode well at all. The fact that I’ve missed a week’s worth of selections already and the authors lack of interest in his own product together with the poor results leads me to conclude this is a no hoper.

Bets: 44
Successful: 25
Unsuccessful: 19
Strike Rate: 56.8%
Avg Odds: 3.26

Profit: -£89.06

This one is a simple FAIL.Failed

You can try The Simple Lay System here:

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

Filed under Horse Racing Systems,Laying by Graham

0 comments

June 28, 2014

The Simple Lay System

Not had any bets on this all week. Still, that probably saved me losing any more money!

Bets: 44
Successful: 25
Unsuccessful: 19
Strike Rate: 56.8%
Avg Odds: 3.26

Profit: -£89.06

It’s still going in the wrong direction.

Filed under Horse Racing Systems,Laying by Graham

0 comments

June 27, 2014

The Laying Game

Ok, I have to admit, so far I am very impressed with this bit of kit.

I’ve been using it for exactly one week and it seems to be really bringing home the bacon.

It takes about two minutes to set up each morning. I load it, click on the Scan button, and within 10 seconds it spits out the bets for the day. I save those to a spreadsheet, add a date column, and load it into The Bet Engine and start it up.

That really is it.

I’ve been betting to £10 liabilities, so on a losing bet I lose £10, and on a winning bet, I win a varied amount depending on what the odds are on the horse. I’ve been running this on both the Win market and the Place market on Betfair and here are the results after one week:

Win Market

Bets: 103
Successful: 88
Unsuccessful: 15
Strike Rate: 85.4
Avg Odds: 4.93
Profit: £132.53

Place Market

Bets: 46
Successful: 33
Unsuccessful: 13
Strike Rate: 71.7
Avg Odds: 2.62
Profit: £85.42

Total Profit: £217.95

That makes a combined profit of £217.95 to £10 bets in one week for two minutes work a day.

That’s good. That’s very good.

But there’s something else I completely forgot to mention in my opening post about this software…

This software costs £49.95 for A WHOLE YEARS access. That’s fifty quid for a year! I’ve made quadruple that in profit in the first week.

Well, that’s at the moment anyway. The price is going up on this software at midnight on 30th June so if you fancy getting a years access for a stupidly low price, go and get it now here:

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

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

6 comments