Tag Archives: order

Beat The Odds and you Will Profit

Sometimes in life we need to remind ourselves of the fundamentals of whatever we are striving to be successful with in order to get our ship back on course.

With betting the biggest fundamental is value and the easiest way to make money from betting is to make your bets at odds that are better than starting price.

And beat starting price when it is adjusted down for a true market IE the prices make up a 100% chance when all possible outcomes are added up.

Starting price, especially these days with the betting exchange markets is an easy and reasonably reliable indicator of the true price/chance for any runner.

And the easiest and most efficient way to do that these days is to beat Betfair SP.

Betfair SP makes up to 100% and the prices are fair to both backers and layers.

If you can beat the Betfair SP consistently then you will make a profit.

There are tipping services that base their whole selection criteria around betting on horses that are showing signs that they will shorten in price from the morning bookie price to the starting price.

Although that is a winning strategy in itself, a better strategy is to study form and make your own selections, determine your own prices and bet where the early prices are bigger than your assessment.

That can be hard work though and you may want somebody to tell you what to bet to beat the market and if you want to be a winner without the work I would recommend Rory Delargy of the http://racingconsultants.co.uk

Rory regularly beats Betfair starting price and consequently he makes steady and consistent profits.

he also gives a full analysis of every bet he gives so you know exactly why they have made each bet. These write ups invariably include other profitable info and bets that are below Rory's minimum price

http://racingconsultants.co.uk

Updated 27 Jan 2020

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 don't expect to get the best bet possible using the cash out button!

But you should know the maths and how to calculate your own stakes for greening up 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 greening 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 lay calculator 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)

Nick Hardman Free Racing Tips

It's Friday and here's Nick Hardman from the Betting School Insiders Club.
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We had another terrific Friday last week courtesy of Nicky Henderson’s hurdlers and he rattled up a hat-trick across the cards with winners at 6/1, 4/1 and 9/4. With Chepstow abandoned and nothing making any appeal at Musselburgh, we turn out attention back to the AW and some qualifiers from the systems we are road testing over at the Betting School Insiders Club which are ticking over nicely.

There are no qualifiers from Lingfield but we have a few from the evening card at Wolverhampton below:

5.15pm Solar Deity & Linton
5.45pm Harwoods Star
6.15pm Little Lord Nelson
6.45 Go Packing Go & Sciustree

Solar Deity looks to have a good chance to get off the mark in 2015 after a string of placed efforts. He is rated 6lbs higher than his nearest rival on official ratings but is well-in under these weights. He rates a solid bet and I expect him to shorten so take the best morning price with a Best Odds Guaranteed bookmaker.

Stablemate Linton needs to recapture the form that saw him win plenty of races in Australia and compete in a pair of Listed races on the flat last year. I would be as surprised as anyone if Linton were to take this from his stablemate but he is one that may tempt the each-way backers at a price.

Harwoods Star got turned over at 4/9 on his last start but has a chance of making amends here back up in trip and with7lb claimer Aaron Jones back on board. The yard are in excellent form too so he is worth another chance.

The same trainer and jockey team up on Little Lord Nelson in the next and he also has decent chance on handicap debut. The final race will most likely see Charlie Appleby’s New Approach colt Symbolic Star go off a warm order. If he takes a chunk out of the market that could see our two qualifiers go off at an each-way price.

Sciustree is related to plenty of winners and was 6th of 12 on debut and should improve for that experience. Go Packing Go is also well related and makes her debut here.

Saturday’s feature race is the Clarence House Chase which sees the return of the mighty Sprinter Sacre. I for one will be hoping he doesn’t just win this, but wins in the manner of a horse that totally dismisses his rivals. Racing needs superstars and we want this one back. With that in mind it is a watching race and not a betting race for me.

For a selection on Saturday I have run the rule over the Peter Marsh Chase at Haydock from a trends perspective.

We have a shortlist of 4 qualifiers in Vintage Star, Benbens, Amigo and Toby Lerone. Benbens had Amigo some 20 lengths behind in the Welsh National and I cannot see any reason why Amigo should turn the tables here.

Toby Lerone put in a career best last time when finishing second to Broadway Buffalo in the Tommy Whittle Chase at this venue. He is up 6lbs for that and could still be improving. That was on heavy ground too, which he will likely get again on Saturday.

Vintage Star is 4lbs lower than when runner-up in this race last year. He is also back down to his last winning mark that saw him win a Graduation Chase at Carlisle on heavy ground over 3m 1f.

He has not performed that well in 3 starts this season but he has yet to see really testing ground which he may well get on Saturday. Trainer Suzy Smith has an excellent record in the race having trained 2 winners, a runner-up and two third placed finishers since 2000.

It’s a leap of faith but I am willing to make him one of my selections from the shortlist in the hope this is a true test of stamina.

I am torn between Benbens and Toby Lerone for my second selection but I will side with Benbens as the father & son Twiston-Davies combination has been in fine form recently. In addition he was travelling as well as anything in the Welsh National until running out of gas about three flights from home. Back down in trip I think he can go well.

Saturday Haydock 3.15pm
Vintage Star e/w
Benbens e/w

The one runner who does interest me on Saturday’s cards is super-tough mare Carole’s Spirit in the Mare’s Hurdle race at Ascot.

A winner of 4 of her 5 starts her only defeat came at the hands of Highland Retreat who has gone on to be an exciting novice chaser for Harry Fry.

Against her own sex and proven over track, trip and ground I expect her to go very close.

Saturday Ascot 1.50pm
Carole’s Spirit

Good Luck
Nick Hardman
Betting School Insiders Club

Big priced Selection from Top Tipsters

Not much going on this morning with only Lingfield racing, so I've nicked the write up for a big priced small stake each way bet from the excellent http://racingconsultants.co.uk

This guys have been impressing us all for the past 6 months or so and havent had a losing month since launching.

If you want to get serious about your betting in 2015 then I recommend these guys

http://racingconsultants.co.uk

Here's the full write up from David Massey this morning…

Good morning all,

The year ends as a bit of a damp squib, with Uttoxeter and Warwick getting the elbow early this morning but it does give us a clear run at the cards tomorrow. Cheltenham declarations have just come out as I type this, and the card has held up well – hopefully we can kick the New Year off in a bit of style.

Today, just one bet.

2.40 Lingfield – 0.5pts e/w Glastonberry (22-1 Bet Victor, Hills)

Lingfield

2.40 – 7f Handicap (class 4)

Not the most competitive of affairs, and top weight Shyron is likely to be a popular order after a win and close second at Wolverhampton, both of which show him to be in good form.But at a bigger price GLASTONBERRY is worth a second look.

Well drawn on the inside (has been held up on last two starts, but often races more prominently) he's a record of 3210 over this C&D and has won after a four month break before, giving hope that he could be ready to go first time out.

He won at Kempton earlier in the season and already finds himself only 1lb higher than that win, so has every chance from a handicapping point of view too.

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