Tag Archives: opportunities

Green Up: How To Calculate Your Stakes

The first thing to say is that when this article was first written there was no cash out button on Betfair, so life is easier if you just want to lock in a profit and green up on a horse you've bet, no calculator required.

But you should know the maths and how to calculate your own stakes and that's what we cover on this page.

Yesterday Pete asked how do we calculate our stakes when we have made a trade and we want to green up.

So Pete has backed a horse that is shortening in price and he wants to green up on that selection. IE lock in a profit whatever the outcome.

If for example you were lucky or smart enough to get on Shaws Diamond yesterday morning you could have bet it at around 16.0.

This mare started with a Betfair SP of 6.64. (Easier to find these green up opportunities in hindsight!!)

So let's say you had a back bet for £10 at 16.0 in the morning and it's just before the off and your horse is now trading at 6.8.

You want to lock in a profit on Shaw's Diamond and want to know what stake to lay at 6.8.

The calculation is to multiply your initial stake times your initial back odds (£10 x 16.0 = £160)

You then divide that by the lay price that you can get (£160/6.8 = £23.52)

Place your lay of £23.52 at 6.8 and your initial bet of £10 has now converted to a guaranteed payout of £12.84.

I mentioned a while back that a lot of serious backers don't wait for a selection to win these days.

Instead they lock in a profit once their horse trades down to a certain level and then lock in the profit.

This method is great for predetermined trades or for when you have time to calculate the stake.

When the pressure is on you might prefer to use software that can make the bet in the click of a button 🙂

If you want to it the other way around. So say you have one that's drifting and you lay a tenner at 6.8 and now can back it at 16.0.

Multiply your lay price by your lay stake (£10 x 6.8 = £68) and then divide that by your new odds (£68/16.0 = £4.25).

Back your selection for £4.25 at 16.0 and lock in a £5.46 profit.

A final note: It's easier to find steamers just listen to the pundits and check out free tipsters. Also you risk less money in the initial bet and get a better profit on the green up.

(Green Up: Common parlance for a guaranteed profit on Betfair where every selection shows it will profit if that selection win)

Greyhound Racing Videos

Before I get into the specifics of finding winning dogs by reading the form I want to just give a bit more background info and talk about a method I used to use when I was full time betting the greyhounds…

Finding the winning greyhound in a graded race is about a lot more than the times it has achieved in the past.

Graded racing is the greyhound equivalent of a handicap race except that greyhounds are not allocated any sort of handicap to slow them down.

Instead they selected to be as closely matched as possible.

The Racing Managers job is to put together races that are as closely matched as possible and to, if you like, create a puzzle for the punters.

On course bookmaking at greyhound tracks is notoriously hard, mainly because when money talks in a small market there are not the opportunities to balance out a book. This is the reason that on course overrounds are huge at greyhound tracks and the reason that the Racing Manager does his best to make the races as decipherable as possible.

Don’t let any of this put you off, though, because winners can be found if you are selective and if the meeting is covered by Betfair then fair prices can be obtained also.

As with any activity knowledge equals power or in this case the more you know the more profitable you can be. The ultimate level of knowledge is to have watched every race ever run by every dog in the race to hand and to know how each has been performing at home. (Many trainers these days have some sort of track at their own kennels).

It is unlikely that you can get inside info on every dog in a race but you can often get to see every race a dog has run. For some years now tracks have supplied videos of all races run to those prepared to pay for the privilege. And the backer who focuses on one particular track can, given time, watch every run of a particular animal. However this is an expensive, although ultimately profitable, approach.

I will briefly touch on the things to watch out for when race watching here and next time we'll get on to a more form based approach.

Racing Videos

When watching greyhound racing in the main what you are looking for is

• Dogs that have had a hard race (bumped and blocked) but still performed well indicating they are faster than the time recorded. They are likely faster than the bare form suggests. If you are in the bookies watching the BAGS racing and you see a dog that had a hard race make a note of it and check the results to see what tine it did and estimate what time you think it should have done,. It may be a good bet next time out.

• How a dog breaks from the traps EG do they run straight to the rail, which would cause trouble for the dog inside them but hand an advantage to the dog on their outside. This info can be useful in assessing the chances of the dog in question and other dogs.

• Are they on the bunny! IE doing everything in their power to get in front and win or did they give up easy & just follow the pack home. Chasers, who are not really up for it will win less than their share of races because they don't like to be in front.

Big Race Tips

Thank Nick it's Friday 🙂

Nick Hardman (http://bettinginsiders.com) is back with tips for today's racing at Exeter and tomorrow at Sandown and Aintree.

By the way Nick also has an excellent article in the December On Course Profits magazine which explains his methods for finding winning trainer angles.

You can get that magazine for free at http://oncourseprofits.com

Over to Nick…

I have been working on some betting angles for the AW Championships that I will share with you as soon as they are ready. For a bit of a change I have taken a look at Friday’s card from Exeter which features three valuable races. We follow that up with a trends analysis and some pointers for the Becher Chase and my fancies for the Tingle Creek and the Grand Sefton Handicap Chase.

Exeter hosts a really good card today including a £12k Novice Chase, a £15k Handicap Chase and the £12k Devon Marathon Handicap chase over 4 miles. I have gone through the card in search of value plays and worthwhile betting opportunities.

The novice chase at 1.10pm is a fascinating race featuring a couple of smart former hurdlers in Deputy Dan (2nd in the 2014 Albert Bartlett and rated 145 over hurdles) and Saphir Du Rheu (Lanzarote hurdle winner and Welsh Champion hurdle winner last season and rated 168). Deputy Dan has form figures 21 over fences.

He was beaten on debut by Virak who has since followed up in impressive fashion at Haydock. Deputy Dan won his next start, beating Far West who was also a decent hurdler. That gives him a form line with Dunraven Storm (who also beat Far West) who won a Grade 2 Novice Chase at Cheltenham’s November meeting.

Saphir Du Rheu unseated on debut but is held in high regard by Paul Nicholls and he would win this if translating his hurdles form to fences. Connections (same ownership as Big Buck’s and Celestial Halo) have said they might go back over hurdles if he fails to perform here. If you think he won’t get round you can lay him for a place on the exchanges at around 1.10. If pushed for a tip I would go for Deputy Dan on that form line with Dunraven Storm.

The handicap chase at 1.40pm will probably see Paul Nicholl’s Wilton Milan go off favourite following an impressive win last time out that saw him finally get off the mark over fences. However, I am happy to take him on and the two that interest me are Workbench and Umberto D’Olivate.

Workbench has been on the go since August notching 3 wins in the process. His last two starts were a decent 5th of 11 behind John’s Spirit at Cheltenham and a 4th (revised to 3rd) in the Badger Ales Trophy over further than ideal. He travelled as well as anything that day before making a bad mistake.

The drop in trip could work out well but the concern is that all three wins came on good ground. His trainer Dan Skelton has said he does not want it soft. However, his last two runs were on good to soft so I will definitely be backing him if the going has the word “good” in it.

Umberto D’Olivate was very progressive last season, rattling off a hat-trick and he will come on for his seasonal reappearance. The slight concern is that his best form is over shorter so this trip might just stretch him.

The Devon Marathon Chase has a small field and the 4 miles takes some getting. It is another race that features a few horses with smart previous form and it also lends itself to a trends analysis.

No 6yo has won this since 2000 and no horse in that time has carried more than 11st 10lbs to victory. All of the last 5 winners were rated 110+ and all of the winners completed their previous race.

That leaves us with Reblis, Adrenalin Flight and Gorgehous Lliege.

Reblis is back down to his last winning mark but has shown nothing on his last two starts. He has won over 3m 5f on heavy off today’s mark of 119 so should see out the trip if in the right mood.

Adrenalin Flight has 49 lengths to find with Gorgehous Lliege but gets a 17lb pull in the weights. I doubt that will make much difference though as Gorgehous Lliege looks quite progressive over staying trips and should go close if this does not come too soon.

Reblis and Gorgehous Lliege are the two trends horses against the field. For the brave amongst you, Flying Award has won a Devon National, a Highland National and a Somerset National. However, his form figures since read PP0. I’ll leave that one up to you.

The Becher Chase is run over the Grand National fences where the horses jump 21 obstacles over a trip of 3m 2f. 16 of the last 17 winners had a top 5 finish LTO. Only one 7yo has won since 1997 and 8 of the last 9 winners were aged 9yo or older. The last 9 winners were all rated 130+ and only one of the last 13 winners carried 11st 7lb or more. In fact 10 of the last 13 winners carried under 11st. 15 of the last 17 winners had between 0 and 2 season runs and 8 of the last 11 winners had won over 3m or further.

The one horse who ticks all the boxes is Benbens for Nigel Twiston-Davies. The two that who fall down on just the one trend are Knock A Hand for Richard Lee and Renard for Venetia Williams. This may be a prep run for Knock a Hand ahead of a tilt at the Welsh National, Benbens has had just 6 chase starts and Renard looks a shade high in the weights. None of these are really fancied in the market and I have not seen them tipped up anywhere, but we rolled the trends dice and that’s what we have.

If you are not a fan of trends then there are a couple of other ways of looking at the race and one is course experience.

There are plenty of horses who have shown they jump these fences well including Saint Are, last year’s winners Chance Du Roy and Mr Moonshine. However the most interesting could be Across The Bay @25/1 who led the last two Grand Nationals for a fair way.

In 2013 he led until fence 26 and last year he was bowling along in front until carried into a different post code by a loose horse after fence 16. However, usual jockey Jason Maguire opts to ride Donald McCain’s other runner Kruzhlinin who is an even bigger price @40/1.

Despite this I think Across The Bay could well give each-way backers a run for their money. Saint Are @14/1 is probably the best handicapped horse in the race here off 127 which is 10lbs lower than his last winning mark. He ran his best race in a long time on his first start for Tom George at Cheltenham in November and he has attracted some support this week. It’s a wide open race and a case can be made for most of the runners. I will probably back the trends horses and Across The Bay to small stakes with any bookmaker offering 5 places. It would be a pleasant surprise if one of them were to win.

The Grand Sefton Chase looks like a cracking renewal. The trends on this one are not that strong but the one horse that ticks the most boxes (aged 8yo -10yo, rated 123+, carrying less than 11st 5lbs and a top 5 finish LTO) is Rebel Rebellion who attempts back to back wins off a 5lbs higher mark. 8/1 is plenty short enough.

One I like at a bigger price is Dolatulo who has a good form line through Court By Surprise (promoted to winner of the Badger Ales Trophy after disqualification of Young Master) whom he walloped by 35 lengths at Stratford back in March. His seasonal reappearance behind Sound Investment was a great prep for this race considering the 1st and 4th from that race occupied the front two places of the novice chase at Newbury on the first day of the Hennessy meeting. Up To Something for Charlie Longsdon could also outrun his price if taking to these fences.

The Tingle Creek has been far more straightforward for me. I think God’s Own has a huge chance and I have backed him @9/2 even when he held another entry in the novice chase on the same card. If Somersby brings his A-game he should give each-way backers a decent run for their money @10/1.

So there are my thoughts for Friday and Saturday and hopefully a few pointers for you. Racing is all about having an opinion and the conviction to back it up with a wager. With that in mind only back the selections below if you agree with my thoughts and analysis. Good luck if you are having a bet this weekend.

Friday

Exeter 1.10pm Deputy Dan @6/4
Exeter 1.40pm Umberto D’Olivate @12/1 & Workbench @6/1 (good or good-to-soft)
Exeter 3.20pm Reblis @20/1 & Gorgehous Lliege 3/1 (trends horses), Flying Award @20/1 (for the brave)

Saturday

Sandown 3.00pm God’s Own @9/2 and Somersby @10/1 (each-way alternative)
Aintree 1.30pm Benbens @20/1, Knock A Hand @20/1 & Renard @25/1 (trends horses), Across The Bay @25/1 (each-way alternative), Saint Are @14/1 (best handicapped)
Ainree 3.25pm Rebel Rebellion @8/1 (trends horse) and Dolatulo 14/1 (each-way alternative)

Bet on Goals

I recently heard about this housewife gambler who is making good steady long term gains from football betting. Specifically betting on the over 2.5 goals market.

So I made contact with Louise and she agreed to write an article for us on why she bets in the over 2.5 goals market and why you should to.

Why You Should Consider Betting On Goals

Betting on the number of goals in a game allows you to win money without having to predict who will actually win the match. Typically that means betting over or under 2.5 goals at the outset of most games.

From a strategy point of view it is a style of betting that has both pros and cons, and a bet that will split the crowd amongst professional punters.

Some pros moan that it is hard enough predicting where the goals are likely to come from without worrying about how many goals you’ll see.

For people like me, looking at the number of goals produced per match is a much more reliable – and profitable – strategy than predicting who will score them.

I am a woman, clearly. I am a working mother of two and a maths graduate.

I can’t profess to be a football expert but what I do have though, is something that many so-called experts don’t have – a genuinely mathematical mind, and a degree to prove it.

My profitable betting, which I now share with my subscribers, takes advantage of the maths-based match analysis methods I have developed for use in the football goals betting markets – specifically Over 2.5 match goals.

What I like about this market is that, not only are goals ‘good’ from a predictive point of view but also that the bookmaker’s overround is less crippling than it is in other markets such as say 1X2, HT-FT or an antepost market like say the winner of The Grand National or The Champions League.

The overround is a very important concept in betting. It ensures bookies make a profit regardless of the outcome of an event and is the foundation of a bookie’s business. The concept bookmakers use to do this is simple, they offer all bettors lower odds than those they believe an outcome is truly worth. The overround is expressed as a percentage, with a 100% book representing a market where the bookmaker has no margin whatsoever. The higher the overround percentage is then the bigger profit is for the bookmakers. If the percentage goes below 100% then the bookmaker stands to lose money.

For example, if the over-round is 120% the bookmaker will expect to pay out £100 for every £120 pounds they take in, yielding them an expected profit of 20/120 = 16.7%.

With fixed odds for three possible outcomes in a football match bet – the home win, draw, and away win – a typical overround is between 107% to 112%. Indeed some Internet firms can go as high as 118% for games in obscure football leagues where they fear that individual punters can carry a far greater edge than their hard-pressed compilers.

As a rule of thumb, the greater the number of possible result permutations within a sporting event (or within one of its constituent parts, such as a scoreline), then the greater the bookmaker's overround will be.

A correct score bet in football can have as many as 24 possible options on which to bet. A typical overround for this type of bet may be anything from 130%-160%, depending on the bookmaker. You’d probably find something similar in a competitive big field horse race such as The Grand National.

In contrast to correct score betting, total goals betting in football, where there are only two possible outcomes (over 2.5 goals or under 2.5 goals), attracts overrounds that are commonly less than 110% and sometimes as low as 102% for a Premiership game, say, where the bookies are actively looking to attract a high volume of business.

The name of the game in betting is to minimise the bookmakers’ advantage at all times while playing up the impact of the things that are in your favour whether that’s stats, a value model like mine, or local knowledge about teams and players that can impact on a result.

With that in mind betting opportunities with just two potential outcomes are always worth looking at as both the strike rate and potential returns can be excellent for those with a demonstrable edge.

If you can get your head around betting on goals then the over 2.5 goals market is absolutely one of the best betting opportunities that currently exists.

Louise' Soccer Tips service has a number of selections for this weekends footy action and I have included one for you here…

League – England Premier
Kick Off Time – Saturday 1st November 12:45
Teams & Selection – Newcastle v Liverpool OVER 2.5
Prices Available – 1.78 Betvictor Pinnacle – 1.76 Marathonbet 188Bet – 1.73 Bet365 Sbobet Boylesports
Stake – 1.5pts
Oddsportal Link
After the number crunching on this game I reckon the true odds price to be around 1.60

To join Soccer Tips or to find out more about Louise and her service go to www.soccer-tip.co.uk

Today's Selection

2.40 Stratford Summer Storm – win bet – 13/8 Boylesports

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