From the category archives:

Horse Racing Systems

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

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We’re still waiting for the results to turn in our favour as the flat season settles into normality

Monday 07 April No selections
Tuesday 08 April No selections
Wednesday 09 April No selections
Thursday 10 April 15:30 Ludlow: Maypole Lass: 3/4pt ew, 3rd at 13/2 = +£0.94
Friday 11 April 15:40 Newbury: Exchequer: 1pt ew, 10th at 4/1 = -£20.00
Saturday 12 April 13:50 Newbury: Pethers Moon: non-runner
Saturday 12 April 14:40 Ayr: Montbazon: 1pt ew, 7th at 6/1 = -£20.00
Sunday 13 April No Selections

Weekly Total: -£39.06

Bank: +£26.54

Filed under Backing,Each Way,Horse Racing Systems by John Murphy

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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

April 10, 2014

Betfan Free Tips

I know a few of you signed up for Michael Wildings Aintree Special over at Betfan and were very well rewarded with a rather nice 48 points profit over the three days.

But if you’re not already on the Betfan Free Tip service then I’d recommend joining it. They delivered the Grand National winner to their readers last week, advised at 28/1, which followed on from a 10/1 winner on Wednesday and a 9/2 winner on Thursday.

All their bets are proofed live and make a good long term profit to level stakes.

Did I mention they were free?

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

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

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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

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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

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April 10, 2014

Fit To Burst

Today I have an excellent free system for you from a respected member of the betting community.

This system uses an under used angle to uncover profitable bets at very nice odds.

Historically the system has yielded 644 points betting at Betfair starting price in the last 7 years.

Results are

Bets: 738
Wins: 121
Places: 275
BSP: 644
BFPlace SP: 276

It concentrates on summer betting on mainly the flat so you will get this just in time to take advantage.

It is totally free so you can paper trade it first to get a feel for it.

The author released a free system this time last year that made a profit over the year and his paid system that will be launched next week has done amazingly well especially since a mid season update.

Enjoy:

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

Filed under Backing,Horse Racing Systems by Graham

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One of those weeks where success alluded us. Hopefully, as the flat season shifts into gear more success will follow.

Monday 31 March 17:00 Kempton: Sir Graham Wade: 1pt ew, 5th at 5/1 = -£20.00
Tuesday 01 April No selections
Wednesday 02 April No selections
Thursday 03 April 14:20 Lingfield: Court Room: 1pt win, 2nd at 7/4 = -£10.00
Thursday 03 April 15:05 Aintree: Grandouet: 1/2pt ew, 7th at 22/1 = -£10.00
Friday 04 April 14:30 Aintree: Ofaolains Boy: 1pt win, 5th at 11/4 = -£10.00
Friday 04 April 15:05 Aintree: Radjhani Express: 1pt ew, 7th at 5/1 = -£20.00
Saturday 05 April 16:15 Aintree: Burton Port: 1/2pt ew, ur at 20/1 = -£10.00
Sunday 06 April No Selections

Weekly Total: -£80.00

Bank: +£65.60

Filed under Backing,Each Way,Horse Racing Systems by John Murphy

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Mystery horse bot is a simple piece of software that sits on your VPS (ideally), and watches Betfair exchange prices specifically on UK Horse Racing. Just before race-off, the bot will place BACK bets  on selections in the Win Market that fit a preset criteria (that you are not privy too, nor do you need to be – I guess this selection criteria is the mystery). You can of course run it on your home PC but this will require the PC with a permanent connection to the internet during racing.

The software is simple to install and quite modest in its’ aesthetics with a simple listview on the left hand side showing the races for the day and on the right hand side a list of the bets the bot has placed during racing. The bot will continue to place bets throughout the day until either of two things happen. Either a take profitstop is hit or stop loss is hit. Recommended stops levels are enabled via buttons within the software but these can be overridden with your own preferences if necessary, (there is also a demo mode for you to trial the software if you so wish).

The bots default stop-settings are :  a provisional 3.5 point profit target OR a 6 points loss, (I state provisional as actual figures achieved will be determined by timing between races, if a race is late starting the next race can place bets before the previous result is known).

The bot is set to place its bets 30 seconds before race off and with selections being price related – as prices move rapidly in those last few minutes – not all subscribers will get exactly the same selections as one another.

The bot can place up to three selections in one race and on these occasions it will split the stake equally among the selections (this setting can also be overidden if you so wish)

Despite its encouraging results last year,  during the period of this review Lady Luck was working against proceedings and Mystery Horse Bot has really struggled to prove itself.

Whilst a recovery of sorts was made in January after a terrible December, the bot still wasn’t able to make sufficient ground to regain a profitable position.

Staking a £6,  split equally on up to the maximum of three bot selections.

March

01-Mar -15.4
02-Mar -24
03-Mar -42
04-Mar 7.55
05-Mar -42
06-Mar -42.1
07-Mar 37.45
08-Mar 23.9
09-Mar -21.2
10-Mar -46.6
11-Mar 23.55
12-Mar -42.95
13-Mar 34.65
14-Mar 20.1
15-Mar -11.25
16-Mar -42
17-Mar 47.75
18-Mar 23.8
19-Mar -16.85
20-Mar -27.35
21-Mar -19.05
22-Mar -49
23-Mar 25.2
24-Mar -39.65
25-Mar -39.3
26-Mar 34.45
27-Mar 36.4
28-Mar -39.7
29-Mar 21
30-Mar 26
31-Mar -20

Total Points : 40 LOSS (Profit & loss /accounting for Betfair commission on winning bets) a loss of £218.60

FINAL balance :  £862  (start bank : £1200) / Representing a loss of £338

I like the simplicity of this software and on some days, the bot finishes in the first race having achieved its profit target for the day, but on most other occasions it was a protracted battle as evidenced by the final balance. Mystery Horse Bot has to be FAILED on account of its selection process simply not being accurate enough for a profitable return to be seen during the trial period.

Failed

You can get Mystery Horse Bot here:

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

 

Update : Confusingly enough, Graham made contact and advised that he had in fact made a marginal profit of £27 to £6 stakes over the same period using the same stop levels.

My Summary Results

GUY
Pts P/L £ Points P/L Reported by Bot
Dec -47.72 -286.3 -47
Jan 40.45 242.7 52
Feb -12.68 -76.05 -3
Mar -36.4 -218.6 -17.3
 TOTAL PTS -56.375 -15.3

Note a difference of 40 points between actual P/L and that reported by the bot.

Now I do know that selections are not set in stone, ie. they are price dependant so bot selections on one setup may not necessarily be the same on another as the market can move quickly in the closing stages of betting. But, I understood that differences between are likely to even out over the longer term. I think the main issue here is that the bot does not account for Betfair commission on the figures that it reports and correspondingly the profit stop doesnt take this into account either. 

 

Filed under Backing,Betting Bots,Horse Racing Systems by Guy

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April 6, 2014

Cash Master Racing

I had no luck on the Grand National yesterday, but did rather better with my own service. We only bet in one race, the 4.50 at Chepstow, and there were two selections. One of these, Ossies Dancer, did the business for us romping home at odds of 46 BSP:

Ossies-Dancer

You can try Cash Master Racing here:

http://www.cash-master-racing.com

Filed under Backing,Horse Racing Systems by Graham

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