Do you do any Dobbing?

I only heard the term the other day, but the process that it describes I have been thinking about for some time.

There are people making a lot of money from Dobbing and I would like a piece of that action.

So what is it, this is Dave Renham's introduction to a new thread he is writing over at the Betting School Insiders Club.

Dobbing is a term I came across a few years back – I am not sure where it originates from, but essentially a ‘DOB’ means ‘double or bust’. Essentially if we win, we double our original stake, if we lose we ‘bust’ or lose our stake. I am concentrating on the idea of dobbing by utilizing the in running betting markets. It may be easier to explain by giving you an example:

Let us imagine you back a horse pre race at 8.0 for £10; in order to create a potential DOB you try and lay at half the odds for double the stake – so a lay at 4.0 for £20.

If the horse hits 4.0 or lower in running, your lay bet will be matched and regardless of the result you will win £10 (less commission).

Here is the simple maths behind the two potential winning outcomes – if the horse goes onto win the race you get £70 returned from the ‘back’ part of the bet; you lose £60 on the ‘lay’ part of the bet giving you that £10 profit; if the horse does not go onto win, you lose your £10 stake from the ‘back’ bet, but gain £20 from the lay stake – again giving you a £10 profit. Of course if the lay part of the bet is not matched you will lose your £10.

Dave is running a live trial in the Betting School Insiders Club trying to develop a system for finding these horses that shorten in running.

I've been watching a lot of races recently trying to garner ideas for my own Dobbing strategy.

My first idea was to look at horses that are stepping up in distance. I figure these types will be prominent early because they are used to shorter distances and a faster pace.

So I've been looking at these and then looking through their history to see how they traded in play at the longer distance previously.

It's too early to tell whether I'm on to anything but if I make my millions I'll drop you a note before I retire.

If you've got ideas for an in play Dobbing strategy then drop me a note or make a comment.

Today's Selection courtesy of Trainer Trends

7.30 Beverley Lucky Money Hills 2/1 with Hills/Skybet  Win Bet