Tag Archives: BOG

Strike Rate Vs Odds

Today we have a guest post from Malcolm Pett of http://greyhorsebot.com

As you are probably well aware making money from gambling is about 2 things…
Strike rate and Average winning odds.

As strike rate goes up average winning odds can come down.

You tend to end up with two choices.

Low strike rate but high odds winners. This probably represents the real value end of the scale where you are picking runners that most people think have very little chance of winning.

Most of the time they are correct but every so often one comes in…

And normally at a very good price.

The strike rate of these systems is generally between 10 and 20%.

If you run a system like this then it’s probably better to use Betfair because the odds on outsiders can often be far better than you will find at the bookies.

Look out for long losing runs because these normally spell disaster for the un-aware punter.

Then we have the high strike rate but low odds end of the spectrum.

Here you are likely to be on the first or second favourite and value is going to be a real issue.

Strike rate should be in the high 30’s but even better if you can get to 40% or more.

Keeping an eye on your average winning odds is going to be critical and you will probably have to watch the exchanges and the bookies or even use a BOG bookie to get the best prices.

Your job here will probably be to match or beat SP as often as you can.

The perfect scenario would be somewhere in between the two but it is unlikely you will find one system that will have a reasonable strike rate with value bets.

Probably the best way to achieve this would be to use “Nano” systems.

On their own these types of systems have very few selections but tend to have strike rates of 20% or more.

Combining a number of them together means you have a better chance of getting a reasonable strike rate and achieving value.

It does mean you have more systems to follow but the long term profit could be worth the effort.

Over at the Grey Horse Bot website we test all these ideas.

At the moment we have a couple of tests looking to achieve strike rates of 40% and 50%.

As already discussed you will find the prices on the winners can be quite short but it can be surprising when you get the odd higher priced winner.

We are also running long term tests on system that have a much lower strike rate.
And you can see very clearly from the results that these types of systems have long losing runs and often only get into profit because of big priced winning selections.

When you decide on what type of system(s) to follow you have to ask yourself can you take the losing runs or are you prepared to look for the best price.

Otherwise a bunch of “Nano” systems may be the best thing for you.

Thank you as always for reading I really appreciate it.

Malcolm

Malcom Pett is the creator of the Grey Horse Bot http://greyhorsebot.com

Today's Selection

6.45 Kempton Gibeon – win bet – 7/2 Bet 365

Ayr Gold Cup Selections

Today we have our weekly big race insights from Nick Hardman of the Betting School Insiders Club http://dailypunt.com/betinsiders

It doesn’t come much harder than a 27 runner 6f handicap.

So how about three 27 runner handicaps in the space of two days?

I probably wouldn’t be doing my job if I were to turn down the opportunity to try and decipher the Ayr Bronze, Silver and Gold Cups – three of the toughest handicaps in the flat racing calendar.

The draw could play a huge role in the outcome of all three races and we will have a much better idea of draw bias by Saturday but for now we will start with the Bronze Cup on Friday.

The Bronze Cup was first run in 2009 so we have no real trends to go on and I will look to two trainers who do particularly well with their sprint handicappers at this meeting.

First up is Richard Fahey and he saddles Gatepost and Polski Max. The former is hard to win with but I like the fact he is running well and is as equally effective over 7f as he is over 6f.

If they go hell for leather then stamina as well as speed could come into play and Gatepost may well be there at the finish passing beaten horses.

Polski Max is very well handicapped and was once rated as high as 97 back in May last year. He races here off 79 and looked to be returning to form with a close up ¾ length 4th at Ripon last time out.

Dandy Nicholls is the “sprint king” and he has Bajan Bear, Fitz Flyer, Galvanize and Layla’s Hero in the line-up.

Bajan Bear is the choice of stable jockey Adrian Nicholls and will go close if bouncing back from a rare poor effort last time.

Layla’s Hero is admirably consistent and is 3lb well in under a penalty. He has not finished outside the three in his last 5 outings. These two are probably the pick of his quartet although it would be no great shock were any one of his runners to win this.

At the prices I will plump for the Fahey pair:

Ayr Bronze Cup 2.40pm – Gatespost @16/1 e/w & Polski Max @12/1 e/w (5 places)

Telmeyd is a worthy favourite in the Silver Cup on Saturday but at a best priced 7/1 I feel obliged to take him on.

Bogart for Kevin Ryan should go close if maintaining his current upward curve.

That is a big “if” but at 14/1 I am happy to back him each-way.

A winner of the 2yo Trophy at Redcar in 2011, he was once rated as high as 110 as a 3yo. He last won off a mark of 97 in August 2013 and put in his best effort since then when second to smart prospect Muthmir in the Portland last week.

He races off the same mark here (93) and a reproduction of that effort should see him go close from his (potentially) nice draw in stall 25.

If you ran this race 20 times you would probably get 20 different winners so I will stick with Bogart as my sole selection:

Ayr Silver Cup Saturday 2.40pm – Bogart @14/1 (e/w, 5 places)

Kevin Ryan has won the Ayr Gold Cup 3 times in the last 7 years, including back to back wins in 2011 and 2012. He runs York Glory, Blaine, Hamza and 2012 winner Captain Ramius.

Of the quartet it is the talented, but quirky, Blaine who makes most appeal. He has rediscovered his form this season with 2 wins in-between unseating his rider and finishing almost plumb last in the Steward’s Cup.

Kevin Ryan was quoted as saying he is in great form and will love the predicted fast ground.

The trends point towards a horse aged 4yo to 5yo, rated between 97 – 100, had at least 6 runs in the season and who has form over further than 6f.

One who ticks quite a few of those boxes is Go Far who was an unlucky 6th in the Portland and was doing his best work at the end. I will take these two against the field:

Ayr Gold Cup Saturday 3.50pm – Blaine @16/1 and Go Far @25/1 (e/w, 5 places)

Star Tipping Service

Two quick things for today.

The American Connection system has selections today.

If you don't already have the rules for this then you can get them for free in this video – Click Here http://dailypunt.com/american-conn-vid

Second I've just been reading a review of the Tim Russell service and it sounds pretty promising.

Here's what it said…

Tim Russell – This service was the star of the show during May. He tipped 37 bets, including two doubles, with 21 of them winning with one dead heat, to give a strike rate of 56.75%.

The longest winning run was 4, which included a double, with 3 being the longest losing run. Level stake profit was 19.86 points to advised odds with a BOG bookie, to give the month’s ROI of 53.6%.

Just placing a level stake at Betfair SP would have made a profit of just over 16 points after deducting 5% commission, an ROI of 43.4%.

56% Strike rate and a 43% return on investment, those are strong numbers.

Full details of Tim Russell here – http://dailypunt.com/timrussell

Today's Selection

Southwell 2.50 Epic Voyage – win bet – 9/4 Sky Bet

Fit and Fancied Done For You!

On the last day of my guest spot here, I just want to sum up what's been said.

Firstly, I think we have come accross a phenomena, a relatively new trend, which the general betting public and the bookies have yet to catch onto. This is the growing ability of trainers to recuperate their horses in time for a winning run within a short period of time.

This is probably because of advances pioneered by other trainers, Martin Pipe in particular, such as swimming facilites, physio, all weather gallops, etc, and other things I wouldn't pretend to understand as i have no experience of training horses.

This is just my educated guess. All i know is an awful lot more try and an awful lot more succeed these days, and that is what is important for us from a betting point of view.

I have shown you how we devised two systems, one for the jumps, Fit and Fancied Jumpers, and another for the all-weather, The All Weather System. Both of these use, as their basis, knowledge of this relatively new phenomena.

The interesting thing about the Fit and Fancied Jumpers system is that it does so much better in hurdle races with one outstanding exception – handicap chases. As I have openly acknowledged, I am no horse expert. My forte is stats and what I have been able to learn about probability. But, and again this is an educated guess, I think 2 miles over fences must take more out of a horse than the same over hurdles and therefore a longer recovery time is necessary. In which case, how do we explain the success with the handicap chasers?

My theory, as I said in the ebook, is that these are the type of races where trainers are trying to land a gamble and therefore maybe the horse wasn't given too hard a race the time before.

If it won, maybe it won in a grade well below what it is capable of winning in. In short, it didnt have too hard a race last time and therefore didn't need much time to get over its exertions.

This may explain why the system doesn't do as well with horses in NOVICE handicap chases. Horses running in these are not so experienced and may take more out of themselves than is necessary by running too keen, jumping too extravagantly etc.

The All Weather System is completely straightforward and gave us 5/1 SP winner, SCRIBE, yesterday.

Now, the question is: having gained this knowledge, what are you going to do with it?

I am afraid that, in all likelihood, the answer for many readers is, nothing.

A few disciplined souls will be able to ignore life's distractions and will scour the Racing post each night, (the info for both systems is online by 6.30 – 7 each night), for the system selections.

They will be able to back the selections at early prices on the exchanges or at Best Odds Guaranteed, (BOG) the next morning – thus gaining a further advantage. But the vast majority will not put this new knowledge to use whilst others will try to use it but not always come up with the correct selections.

This series of articles has aroused some interest and a few people have emailed us to point out that they may not have the time or the discipline to look for the selections themselves.

Also there has been some inevitable mistakes in the selection process so that some have thanked us for winners that weren't selections, while others have complained about losers that weren't selections!

This has led some to ask whether we have considered providing an email service. The answer is, we already do.

We send an email each night – whether there are selections or not – between 7 – 8. Where there are selections you get the race and the name of the horse and we recommend backing them all at BOG.

The cost is £7.95 per month for each system, fully inclusive, ie, no taxes on top.

However, we have been persuaded by Dave and the Daily Punt team to make a special one-off offer to Daily Punt readers, for today only, of an email service for BOTH systems for just £12.95 per month.

You will surely pay for that out of the ability to get on at early prices. Click Here.

Those who take advantage of this one day offer will also receive a FREE copy of our ebook BACK TO THE FUTURE, which shows you how to back your selections in a novel way which changes around half your losers into non runners!

If you are interested in this option click here to secure your place now.

I hope you have enjoyed this series and will put what you have learned to good use.

Good luck in your future betting.

All the best,
John Cutts

Today's Selection

Newcastle 3.35 Lady of Verona – each way bet – 8/1 Bet 365 will hill paddy power

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