August 31, 2010

The Wizard Of Odds

Opps, I forgot to post the preamble.

The Wizard Of Odds Horse Racing Betting System

I am going to be testing The Wizard of Odds horse betting system by Peter Blake, the guy who brought us Dutching Diamond; a system that was successful but received a NEUTRAL rating due to issues with the staking.

The system costs £95 and comes in a word document and requires access to the paper-version of the Racing Post. The online version also has the required, but it is more difficult to navigate, especially when considering latest/bets/adjusted RPR.  Either way, the selection process is quite complex, although I am certain that with practice it will be easy to identify selections. However, I am probably more likely to use the phone line with the day’s selections. Please note that there is an additional on-going cost for the tipping service (£40 per month).

I will look to test both level stakes and the supplied staking plan. For both I will use a £1000 start bank. For level stakes a 30 point bank is advised, so stakes will be £33.33. For the stake plan a 125 point bank is advised, so each point will be £8.

The Wizard Of Odds

Day 1 – 28 August

Stake Plan Level Stakes
Selections Wins Profit Total Profit Profit Total Profit Strike Rate
2 1 £      3.84 £       3.84 £      -5.78 £      -5.78 50.0%
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Filed under Backing,Horse Racing Systems by Arthur