April 10, 2014

P.I.E.

After running the PIE trading system for two full years, I am even more enthusiastic about it now than I was when I first discovered this absolute gem.

If you’re a new reader and you don’t know what PIE is, then you can find out full details below, but suffice it to say that I’m often asked if I had to choose just ONE system or service over and above everything else I’ve tried or used over all these years, which one would it be?

It’s PIE.

And if you look at the testimonials on the site, you’ll see I’m not the only one saying this.

In a nutshell, PIE is a trading method that takes just 10 minutes a MONTH to operate but gives a return of between 15%-30% (or sometimes more!) on your money, and is virtually risk free.

I was so impressed after my first year that I actually sold some rental properties I had and piled the money into my brokers account because I am earning far more from this, with practically no hassle (and if you’ve ever rented out properties you’ll know what I mean by hassle!), whilst also keeping my money ‘liquid’ so that I can access it anytime.

And I’m not the first to do this either as I do know one other person that did the PIE trading course also sold up his property portfolio and switched over to PIE for exactly the same reason. More money, less hassle, and greater freedom.

So my second year has been eventful with me experimenting with slight variations on the strategy, including trying out different time frames, different markets and different brokers! In my main broker account, Interactive Brokers, I decided to trade with a much larger account and go for a smaller monthly percentage. It’s not that there is less ‘risk’ going for a smaller amount, it just means that there is less chance that I would have to react to big moves in the markets. So even with fairly substantial moves I generally do very little indeed and simply get paid every month.

I made just over 18% return in my second year at Interactive Brokers which I am more than happy with.

However, I also had a play with using a spread betting broker, GFT Markets, who now offer the same trading instruments as with IB (by request only). The advantage of using a spread betting firm is that the profits are tax free. The disadvantages though are that the prices on offer are not nearly as good as IB and, more importantly, the mechanism we use in PIE which enables us to trade virtually risk free, doesn’t work in quite the same way with a spread betting broker, so the margin requirements need to be managed in a different way. Still, it does come with a very neat iPad app which I can trade with and the returns have been very good indeed.

In six months at GFT I’ve turned a £7000 bank into £8359 which is 19.41%. If the next six months produce similar returns (and it looks likely) that will be nearly 40% return in one year. All for literally ten minutes a month placing a trade and the odd glance now and then at the FTSE or DAX to see where it’s at.

Two years ago I knew absolutely nothing about this type of trading. I spent a day with Glynn and Paul who showed me how to do this and I’ve never looked back.

If you’re looking for a passive income that pays out every month, like clockwork, for very little effort and absolute minimal risk to your funds, then now is your very last chance to get in at the discounted price.

There are two seats left on the April training course and whoever gets these seats will get a massive discount. You see, the PIE training course fees have now increased after two years at the same price. However, they don’t expect two people on the April course to pay more than everyone else there have paid, so anyone taking those two seats will get in at the old price.

That’s not to say that the new price is expensive. It’s not. For a one off investment in your future, you will be taught, personally, exactly how to trade this method and have an income for the rest of your life.

Whether you want to use it as a pension, or as an additional income, it’s up to you. The point is it only takes ten minutes a month to operate, so if you have a full time job, you can still use this. If you’re retired, you can use this and spend your days doing whatever you want. Enjoying your retirement!

If you have any questions whatsoever about this, please give Paul a call. His number is:

07407 780834

He’s not a salesman. He won’t try to sell you this training (he doesn’t need to!). He’ll just answer any questions you might have right there and then.

And do check out the testimonials. They are incredible.

Full details available here:

http://www.profitableinvestmenteducation.com/

Filed under Binaries & Options,Spread Betting 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

0 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

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

0 comments

We finally have some good news to report from this service. An excellent week with around 14 points made over the last 7 days, thanks mainly to a Trixie & Treble landing. A shame it’s come so late in the trial.

figs so far:

BETS 87

WINS 29

S/R 33.33%

AV ODDS 3.85

AV WIN ODDS 2.76

PROFIT/LOSS -£255.86 (based on £10 a point)

FULL RESULTS FOR BBFT

 

TRY BBFT HERE

Filed under Football by Liam

0 comments

April 7, 2014

Football Value Bets

Another very tough week for this service with a further loss of 6.5 points recorded. On a positive note, an email was received at the start of the week saying that as a one-off gesture they would be refunding 50% of paying customers’ subscription fee for March due to the poor run. A nice gesture and one I hope they don’t need to offer again.

Figs so far:

BETS 46

WINS 15

S/R 31.61%

AV ODDS. 2.20

AV WIN ODDS 2.21

PROFIT/LOSS  -£128.20 (based on £10 a point)

FULL FOOTBALL VALUE BETS RESULTS

 

TRY FOOTBALL VALUE BETS HERE

Filed under Football by Liam

0 comments

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

0 comments

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

0 comments

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

0 comments