From the category archives:

Laying

May 27, 2014

Profits from the Turf

Seven weeks in and this service is treading water somewhat. Back into positive territory but the problem seems to be the losers come in at rather large odds so it’s a case of ten steps forwards, nine steps back, which is frustrating to say the least.

Bets: 105
Successful: 89
Unsuccessful: 16
Strike Rate: 84.8%
Avg Odds: 7.24

Profit: £19.47

That amounts to just under 1 point profit (£20 stakes).

You can try Profits From The Turf here:

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

Filed under Horse Racing Systems,Laying by Graham

0 comments

May 13, 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 on line daily from 1230 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 1400 up to 2030 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.

I have been monitoring the selections daily since 5th April 14 and up to the 27th April 14 the system had produced 15 qualifying bets with a 100% strike rate and the bank grew by 46.5 points. Since inception in July13 the system has achieved 300+qualifying bets with a S/R hovering above  95%.

So to the period from 28th April through to and inclusive of 11th May: I had 13 selections that went on to qualify as a bet and had my first losers. On consecutive days 1st and 2nd May I had a loser one was at 14/1 and the other at 10/1 taking with it the profits built up since 5th April. However in the remaining days of the reporting period I had a further 7 qualifying selections and this managed to recover 23 points. The S/R during the period drops down to 84.6% but to put this in context this was only the 6th and 7th losses the system has had since 1 July 13 and there have been some 307 qualifiers. Opening Bank =200 points Close 11th May =225 points (net of 5% B/F comms)

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

May 12, 2014

Profits From The Turf

Ten days on and unfortunately I’ve gone further into the red. Looking forward to a good run with this as previous results were excellent before I started with real money (always the way!)…

Here’s the figures:

Bets: 74
Successful: 62
Unsuccessful: 12
Strike Rate: 83.8%
Avg Odds: 7.2

Profit: -£82.46

You can try Profits From The Turf here:

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

Filed under Horse Racing Systems,Laying by Graham

0 comments

May 2, 2014

Profits From The Turf

It’s nearly been one month with this service and after a blistering start making £350 in the first week, unfortunately things have now gone on a bit of a down turn and I’ve given all that back to Betfair plus a little more :-(

Here’s the figures:

Bets: 58
Successful: 49
Unsuccessful: 9
Strike Rate: 84.5%
Avg Odds: 7.55

Profit: -£17.58

Let’s hope this is just a blip as the previous results look excellent.

You can try Profits From The Turf here:

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

Filed under Horse Racing Systems,Laying by Graham

0 comments

April 27, 2014

Pro Betting Club

This report covers the two week period from 14th April thro to and including 27th April .

NAPS

During this period I logged in every day at 1230 and picked up the selections without any problems.

I received a total of 34 selections, 17 of which passed thro the filter and became bets,13 of these duly won , a strike rate of 76%.Following the staking plan I achieved a total of some 13.32 Points profit .Although these naps zero in on a series of short priced favourites -a market many professionals ignore -to date the system has achieved since starting 3 weeks ago a  profit of just over 15 points with a S/R of 70%.

Opening Bank =200 points Close 27thth =215.12 points  (net of 5% B/F comms)

 

Lay Analyst

Over the period I logged in each day and received without any problems the selections together with the suggested number of points to lay each selection in the event that it passes thro the 3 stage procedure and qualifies as a bet.I had 10 such qualifying bets and all duly “Won” providing a 34 point increase to the bank.

I would say that one of my qualifying bets was a suggested 5 point lay and I also had 2x. 4 point qualifiers,given the relatively large odds that they were laid at may seem a touch scary but this  touches on the point I raised in my last report that the system had achieved a S/R in excess of 95% over some 300 qualifying selections since the beginning of July 13.

Opening Bank =200 points Close 27th =246.5 points (net of 5% B/F comms)

 

 

 

Filed under Backing,Horse Racing Systems,Laying by Doug Wheatland

0 comments

April 15, 2014

Pro Betting Club

This review is of 2 of 6 tipping services provided by the Pro Betting Club and are:

  1. A Naps backing service providing tips to back on selected short priced favourites.
  2. A Lay tipping service -The Lay Analyst.

Both services cost in round terms £1 a day each when purchased for 3 months at a time and the tips are emailed out every day by 1230. Membership to each of the 6 services is limited in number to curb the effects on market prices as subscribers put their bets on.

These 2 services have been operating since Jan 13  and July 13  respectively and from the results provided it appears that they are both very successful.

The Naps service has a strike rate of some 65% overall  and features a small ratcheting staking plan . Some 249 points with no losing months  up to end March 14 is claimed. The recommended betting bank is 200 points .

The Lay Analyst has a reported Strike rate in excess of 95% based on the results provided and returned a very healthy 461 points over that period,one losing month was recorded -0.75of a point. Again a 200 point bank is recommended.

We will test these 2 products for 12 weeks ,which will encompass the transition from the NH/AW seasons through to the “full on” Flat season and see how they perform. I had one initial query when logging into the service for the first time which was very rapidly answered by one of the authors. This is always an encouraging sign when trying a new product, generally if I get no response I have found that to be a clear indicator to hit the refund button soonest with racing services.

So how has the first week 5th April-13th April gone?

I have logged in at 1230 each day and picked up the tips for both services without any problems at all.

Naps – Very easy to follow the instructions that provide for a small filter on the selections that needs to be applied and thus you will need a Betfair account and  utilise a Bot or be in front of a PC/Tablet to know whether the tips have passed the filter and thus become selections in the minute or so before the off.

I had 7 qualifying bets of which 3 lost and 4 won  so slightly down on the predicted S/R but by following the staking plan the bank was up 1.8points.

Opening Bank =200 points Close 13th =201.8 points  (net of 5% B/F comms)

Lay Analyst -Again very easy to follow instructions,in this case there are 2 filters the tips must pass through to qualify as a bet and again a bot is required if you cannot be in front of your PC  at the time of each race that has a qualifying selection. From the approximately 10 tips a day I had ,5 that passed through both filters and became bets  and duly lost in their respective races and thus returned a healthy 12.35 points for the week.

One point to note is that I used a Tablet on 5th April with the Betfair app that produced a qualifying bet on the Lay service but in actual fact when I checked at home on my PC the BSP was slightly too high for the second filter. It would appear that the refresh rate on the app runs slower than my PC. However the bet did succeed so I have left this result in.

A further point to note is that the price of the Lays  has generally been circa 10.0 + and various multiples of stake from 2-5points are recommended depending on the selection .So this type of laying service may not be for the faint hearted but given the stated Strike Rate this should not be a deterrent.

Opening Bank =200 points Close 13th =212.35 points (net of 5% B/F comms)

Filed under Backing,Horse Racing Systems,Laying by Doug Wheatland

0 comments

April 11, 2014

Profits From the Turf

This is a rather neat laying service that has been running since September last year. It was proofed live on a free daily e-mail service from the middle of September until the end of January and attained an average strike rate of 90% and 230 points profit. At this point it started as a paid service.

This lays horses in the Win market on Betfair, however bets are determined by the price in the Place market.

So you log into the members area each morning to pick up the bets, but you only lay them if the PLACE price is 3.0 or less.

This is very easily set up in the Bet Engine, so bets can be simply entered in the morning and left to run.

I’ve been watching this for a while and decided to start betting with my own money last Friday, betting £20 level stakes. The results so far have been very pleasing:

Bets: 17
Successful: 17
Unsuccessful: 0
Strike Rate: 100%
Avg Odds: 6.85

Profit: £340

Not bad for a week!

I’ll run this trial for the usual three months and report on progress at regular intervals.

You can try Profits From The Turf here:

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

Filed under Horse Racing Systems,Laying by Graham

2 comments

So, I tested the Diamond racing lays service from 1st Jan to 8th April. That is around 14 weeks. As mentioned in the opening post, this is a very minimal laying service. The tipster even says when you join the service, that if you email him with questions, he won’t respond as he is far too busy. So, all you get is one email per day that normally contains one tip (twice the email contained two tips).

Here is a summary of the results plus a breakdown by month:

 

             Bets    Won     Loss         %        Points profit

Jan         14         8          6      57.14      -5.32
Feb         19       12          7      63.16      -2.83
Mar         18       13          5      72.22      +3.16
Apr           3        1           2      33.33      -2.41

Total      54       34         20      62.96      -7.4

So at £10 stakes, we would have been down -£74, plus the cost of the subscription (£29 per month), plus a little more (3-5%) for the betfair commission on the winning bets.

The problem was, because it is a laying service, the strike rate has to be pretty high, above 70% at least. Unfortunately, we didn’t get close to this, the strike rate we were getting was much closer to 60%. March was our only month where we made a profit, due I think to the fact that it was the first time in the test period where we had 5 bets that won, back to back.  Prior to that, the losing bets were just too frequent. When you consider that these results don’t include the subscription costs of £29 per month, and you are paying a percentage commission on Betfair for the winning bets, the losses would actually be higher, meaning you would probably need a strike rate over 75% just to break even.

I took a look at the previous published results. There does appear to be profit every year, but some of it is not much. For example, the last 2 years only provided +20 points each, but 2011 provided +60 points. 20 points is not a huge profit and at £10 stakes would not even cover the cost of the subscription, but 2011 was clearly a good year.

So, how do I summarise this service. Whilst they may have had good winning years in the past, I have to look at the results during the test period. 14 weeks is a relatively long test period and given the results in the test period, I have to put this service down as a failure. It simply didn’t maintain a sufficient strike rate to make it profitable. Whilst there was a small glimmer of hope with a positive return for one month, it wasn’t stunning. When you take into consideration the subscription fee and commission, I don’t think it offers good value.

I was close to giving this a neutral rating because I know that there are historical results that show that it has been profitable in the past. However, over the period of this test, it consistently lost money, hence I have given it a fail.

Failed

You can get Diamond Racing Lays here:

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

Filed under Horse Racing Systems,Laying by Jason

0 comments

So its been the last few weeks of the test for diamond racing lays. Before I go onto the results, I must just mention that I had made a mistake in the spreadsheet that was recording the results. It means that the previously reported results were not quite as bad as they should have been. I have therefore been through the previous posts and edited them to put in the correct values for the bank, because it would not be fair to leave the posts showing incorrect losses that were worse that the actual losses.

So, where have we been in these last few weeks. Well, it has been a little better, we actually had a winning month in March. Not by much, but at least it was a small amount of profit! April unfortunately has not started well.

Since the last update we’ve had 14 bets ( we had another day with two tips, and again no explanation, so I bet both tips). Of the 14 tips, we had 10 winners and 4 losers, giving us a net gain of £31.60 for the period and a strike rate of 71%. It is slightly better than we have had previously, but, alas not a big enough change to have much of an affect on the results.

So, as of the end of 8th April, the bank stood at -£74. We had a total of 54 bets, of which 34 won and 20 lost, giving us a strike rate of 62.96%

That’s it for the test, I’ll summarise the results in a post to follow shortly.

You can get Diamond Racing Lays here:

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

Filed under Horse Racing Systems,Laying by Jason

0 comments

March 31, 2014

Russell Gibbs

A good month on the backing side of the service with a profit of 15.2 points (at advised prices) and £370 on the laying side of the service if laying to £100 fixed liability (at advised prices).

You can try Russell Gibbs here:

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

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

0 comments