It will come as no surprise to any of you that I am going to highly recommend The False Favourites Book. I don’t think you could possibly find a better value for money product in this area of the betting world. There a thousands of systems and software products on the market and the vast majority are total and utter rubbish.  It really is a rare treat to find a horse racing guide that does not promise you thousands of pounds a month for a few minutes worth of glancing at the newspaper. The claims made on this books sales page are realistic and honest. I would even venture to say they border on being modest and understated.

What you get for your money is a comprehensive course on how horse racing works. There is something of interest here for everyone with an interest in betting on horses. It is mainly aimed at layers, but both backers and traders will benefit from the lessons to be learned here. You are shown how to understand and compare the facts and figures available in the racing post. There is also a huge amount of original research going back over many years of result trends.

There are over two hundred pages of information to digest and it can appear very daunting when you first open the file. But once you get going it is very easy to follow and there are examples and exercises included to help make sure you understand the most important points. What this is not is a system in the normal sense of the word. Systems have set rules that when followed would lead all users to the same conclusion. That will not happen here. You use the information and statistics provided in the book and by the Racing Post to draw your own conclusions about a horses real chance of winning the race when compared to it’s opposition and the conditions under which it is going to run. The main criteria for selecting a horse is the number of “key factors” found.

I would also like to mention the after sales service. There is a good f.a.q. page available and if you are still having a problem an email address is there for you, and for once you do actually get an answer. I was answered quickly, politely and with great detail.

Enough singing of praises and onto the really important bit. Money. I blogged this test using the method advised in the book. One level stake lay per day and two on Saturday, but I have also kept figures for a few different ways of betting.

1) Profit made laying one horse a day for £20

+£377 (after betfair 5% comm)

2) Laying ALL horses on the shortlist for £20

+£756 (after 5% comm)

3) Lay ALL horse on shortlist for £21 then place in running back bet of £10.50 for twice the lay odds. I.E. horse layed for 2.5 then back bet placed for 5.00. Locks in £10 if matched.

+£636.54 (comm paid in stake)

4) Lay One horse for £20 and trade the shortlist as described above

+£797.80 (net of all comm)

Almost forty points profit in my first month. The only bits of advise I would give are:

This does take a good amount of time to read. Over 200 pages and it’s nearly all relevant.

You need around an hour a day to find your selections. But this can be done the night before racing. You do get quicker at it. With time you can spot straight away when to bother doing the more detailed checks and when to leave the race alone.

It is not a mechanical system. It does require you making your own decisions based on the information and statistics available and comparing the favourite to its rivals.

Lastly I would point out that just by doing the very minimum betting (laying one horse a day) I did make 18 times the purchase price of the book. When you consider I was learning as I went and that the profit figures given don’t include the decent amount I made by place backing longer priced horses I found positives for while checking on the favourite’s negatives, I really do urge you to give this a try.

You can get False Favourites here

UPDATE: 21st January 2009

I’m sure you all remember the glowing praise I gave False Favourites when I tested it out a few months ago. Not to mention the very decent level of profit I recorded during the trial. It was easily the best publication I had come across, until now.

I have had an e-mail from Jonathan Burgess (the author) informing me that he has just released an updated and improved version of his system for 2009.

I have had the e-book for around a week and have read it through thoroughly and can honestly, hand on heart, say that it IS better than the previous version. It is very similar in some aspects in that it remains more of a text book on horse racing than a mechanical system for picking horses to lay. That being said, there are some very significant changes that make the whole thing far easier to follow and apply to your betting practises than last years edition.

The main benefit I found over the last version was that it will help cut down the time taken to work through the race-cards to find selections to lay. That was the only real drawback I ever found with the original book. On top of this there is also an incredibly well thought out and written guide to the “new and improved” racing post website.

The nuts and bolts of the book remain pretty much the same, but it is even easier and clearer to follow and understand. It is set out slightly more akin to a traditional system than the old version, but you will still need to use your brain and judgement to apply what you learn to each days betting. You are guided through the exact differences between the types of races and how laying in national hunt races differs from laying in flat races. You are also told which type to target and which to avoid. Another benefit of the new version is that the examples given are even clearer than before.

There is also some great advice on when to place bets to obtain the best value and incur the least risk. It also allows you to find more than one horse a day that is worth taking on with a lay bet.

All in all, this is like being walked through the whole process of finding a regular source of income through precise, considered and detailed evaluation of a horses true chance of winning the race and whether it represents a good laying opportunity.

As with the previous version, I would deem this book to be required reading for anyone interested in horse racing. Even if you prefer backing or trading to laying you will find this book to be a real eye-opener.

I would also suggest that anyone who bought a copy of the last version should give serious thought to buying the new one. There is plenty of new information as well as the time saving techniques and the price has remained ridiculously low when compared to other racing products. Plus there is the guide to the racing post website and all the updated data and examples to help you along.

I’m pretty sure that anybody who bought a copy of the old version will have been more than pleased with that books contents and value for money, and I can assure you that this version is just as good.

Just Buy It! You wont be sorry.

You can get False Favourites here