March 15, 2013

Racing Profit Booster

This is a one off review of the Racing Profit Booster software available from the Steve Davidson stable and this really is an excellent bit of kit.

Essentially what you get is a bit of software that finds risk free bets for you by scanning all the bookie prices and comparing them with Betfair prices. If it finds a horse where the lay odds on Betfair are less than the back odds at the bookies, it’ll let you know.

It’s incredibly simple to use. You select what type of bet you want between an equal hedge bet where you make the same amount of profit regardless of the horse winning or losing, a free back bet at the bookies whereby you make a profit if it wins but draw even if it loses, or the opposite, a free Lay bet at Betfair where you profit if it loses but draw even if it wins.

Importantly the software accounts for your Betfair commission (you input what rate you have), so any profit is worked out after Betfair commission is deducted.

You can set other criteria such as minimum lay stake, maximum lay odds and even a minimum ROI so it doesn’t bother alerting you if the profit on a trade is less than you think worthwhile.

If you watch the video above (or on their website) you can see it in action.

So how does it work in practice?

Well it’s great actually. All I have been doing is switching the thing on whenever I’m at my computer, and setting it to scan the markets in automatic mode, then just leaving it.

Every few minutes it runs a full scan and if it finds a trade it will give an audio alert and show the details of the trade. There is no need to monitor the software as the alert will tell you when there is something worth looking at.

I had mine set to a minimum of 10% ROI because I didn’t want to bother with placing trades just to win a couple of quid.

So you can just get on with whatever you’re doing on your computer and you’ll get alerts throughout the day, the frequency of which depends on the ROI you have set but I found I was getting maybe two or three an hour.

You click on the race highlighted and another box opens up showing you exactly how much to stake at the bookie and at Betfair and how much profit you will make. So you just go and place your risk free bet and wait for the race to finish to bank your profit (or draw even).

Like any trading, you do need to have sufficient trading funds to make it worthwhile. So for a 10% return, you’ll need to stake around £100 to make £10 profit but that’s all without risking your bank at all. So if you wish to place multiple bets throughout the day you need to make sure you have the funds to cover all the bets as some races may not have run before another trade becomes available.

What I really like about this is the flexibility.

You really can just switch the thing on whenever you fancy it, and it’ll find bets for you that are totally risk free and will guarantee a profit. If you’re that way inclined you could use it all day, every day, and make a guaranteed income without ever risking your bank, so you could compound your bank significantly over time without ever having draw downs.

Or, like me, you can just switch it on whenever you’re available to bet and it’ll find bets for you pretty much any time of the day or night. And you can use it in the morning too, before racing has even started because the bookies give early prices and often they are overpriced so you can get decent 25%+ trades fairly often.

I really like this software. It’s very simple and extremely effective and does exactly what you want it to do. If you want to make a guaranteed income from betting without ever risking your funds then you won’t go far wrong with this one.

It’s Approved with bells on.

You can get Racing Profit Booster here:

http://www.cash-master.com/RacingProfitBooster.phpApproved

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

12 comments

{ 12 comments }

johnny March 16, 2013 at 12:45 pm

This looks really good,how many different bookies accounts does it recommend opening?
cheers,
Johnny

Graham March 18, 2013 at 9:16 am

You should open accounts at as many bookies as possible to make the best use of this.

Eddie March 16, 2013 at 6:55 pm

You will end up with your accounts limited or closed and therefore wont be able to make anything worthwhile.
You might be able to make some money short term but not long term

Graham March 18, 2013 at 9:19 am

I see this ‘criticism’ quite often for successful betting systems. You’re basically saying the system is no good because you win too much. I’ve found that if you go for trades over 10% ROI and go for free lay bets, the horses tend to lose more than they win and therefore the bookies are happy to take your money (and you make the profit on Betfair who will never close your account).

Tom March 18, 2013 at 8:42 pm

Graham is this not just a piece of software for finding Arbs as in arbitrage betting

Graham March 19, 2013 at 12:42 pm

Yes, although traditionally arbs are betting two different outcomes using bookies with variable odds, so betting both players in a tennis match if each bookie fancies a different winner. We are backing a horse at a bookie and laying it at Betfair at smaller odds, guaranteeing a profit (or free bet), but essentially it’s the same.

George March 19, 2013 at 9:44 am

Graham, your last comment of the criticism shows that you have not tried this system live. Accounts can be closed whether you win or not just by the trading behaviour of the punter. And also, if your stake bet wins several times, you are not always going to win on the lay bet with the safer betfair broker. Here is a review from another site using it over 9 days:
“…However, despite me having lost money overall to them over the last week or so, Stan James closed my account. The maximum stakes I placed were £20, the maximum bookie liability on a bet was £110, but I had increased my activity on this account by a significant amount (staking £320 over 28 bets).

So, in summary, we have made £76 over the 9 days, having made 122 bets totaling £1018 (average stake £8). In total, that has taken around 17 hours of monitoring. Clearly in order for this to be cost effective as a stand alone system, you need to raise the stakes, but then you are in danger of having your bookies accounts closed”.

I wish you were right Graham, but the reality is quite different.

George.

Graham March 19, 2013 at 12:57 pm

Hi George,

Actually I trade this live almost every day so you are wrong about that. I don’t trade it full time though, I dip in and out for an hour here and there when the mood takes me. Yes, bookies can be a pain in butt, and if they suspect you are trading they will restrict your account so it may be unwise to trade this full time (I don’t think you’d want to anyway, it would be a tedious way to spend your day!).

Nick March 23, 2013 at 11:35 am

Bought this system. No refund offered. Granted, it does state that on the sales page however this is the first system I have come across that does not offer money back after trial period. Disappointed. Contacted seller, will not refund. System does have a problem.

System does what it says it will do but you do have to have a substantial bank in order to make good returns. Having to wait all day by a pc is not ideal but for those that do that in an office or work from home then this might suit. All of this said, the system cannot account for Rule 4 situations and such like when returns are reduced by bookies due to non-runners. I had 25% taken off a winning bet due to non-runners in one race completely wiping out any profit I had made over the previous days. This point, from what I have seen on the sales page, is not highlighted. Only states that in ‘rare occasions’ the system can’t guarantee profit or to secure all of your stake money. I assume this ‘rare occasion’ is the Rule 4 situation.

System works majority of time but is flawed with Rule 4 deductions. No refund offered is very disappointing.

Graham March 23, 2013 at 5:55 pm

Yes, he does state that clearly on his page and I do understand his position as many people unfortunately buy digital products and claim a refund to get it for free, which spoils it for those genuine buyers.

Nick March 24, 2013 at 11:43 am

I see your point but this system requires a licence code in order to activate and use the software. You can’t use it without the licence. Surely if it can be activated then the licence can be de-activated their end also, rendering the software useless?! Thus perhaps giving the possibility to refund customers if it doesn’t suit.

Graham May 30, 2013 at 11:19 am

Just received this e-mail from a reader:

“I am very confused over some of the slightly negative comments, as I have been using the software successfully for 6 months now and made a fortune. Yes its slightly tedious, but its making money and I will never get bored of that.

I aim for the free lay bet on Betfair, never had any bookie accounts closed and why would I, I lose 90% of the time to the bookies. I am good for business and obviously I am picking up my profits from Betfair.

So I am wondering if I have missed something as there are still people worried about their bookie accounts being closed, surely on the rare case that happens you could easily just ask a close family member to open one up for you etc?”

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