Tag Archives: results page

400 Points a Year System

Today we have our regular Wednesday column from Malcolm Pett (http://greyhorsebot.com)

We do a lot of “open” testing at the Grey Horse Bot web site sometimes just to see how a particular idea will work out (high strike rate favourites) and sometimes to test a new system idea that looks like it could work.

Although it’s nice to see a profit from the testing sometimes the goal is just to see if a system is performing as expected.

As you know not every system will make a profit every month so a trial period may not be profitable but if the system performs as it has in the past then that is a good sign.

We started testing “Elision” back at the end of August.

This was planned as a 3 month test just to see if the ratings system we were using to help find the selections did actually continue to work as expected.

Elision is a Handicap Hurdle system and although the ratings picked the selections we added in a few other filters to help whittle down the field…

…Although because of the ratings we can still end up with more than one selection in a race.

The test has been quite revealing which you can see if you study the results page.

We have recently started to increase the amount of statistical information we supply on our results and have now added…

Longest Losing run
Predicted Longest losing Run.
Highest Bank draw down.

These along with the month by month and day by day results and the visual graph give you a good understanding of how the system is performing.

Another thing we give our customers from time to time is a report about the test which includes information about how we feel the system had performed and there is also one of these available on the results page.

I am not sure if Elision will appeal to everyone. But the fact that it made over 500 points last year and has still managed over 400 points this year should tempt you to at least have a look.

You can get all this information here.


http://greyhorsebot.com/elision

Thank you as always for reading I really do appreciate it.

Malcolm
The Grey Horse Bot.

Today's Selection

Kempton 6.50 Jelly Fish – eachway bet – 8/1 Sporting Bet

Double or Nothing Trading

I've written about Double or Nothing in play trading, or Dobbing,before, but that was over 18 months ago so many readers won't have seen the original article.

The reason I've returned to Dobbing today is that I've just read an interesting article in Betting Insiders that gave a secret but free source of selections for your trades.

So to recap here is the explanation of Dobbing that we shared previously, written by Dave Renham…

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.

Dobbing is well worth looking into and if you want to do it yourself basically you want to look for horses that you think will run prominently.

The easier profits probably come from bigger priced selections that you think will be up with the pace and on the National Hunt will jump well.

But you can also bet shorter ones that you think will win or go close.

For example if your fancy is 3/1 before the off then it needs to drop below even money for you to get your profit.

If you follow a tipster and you want to find out if it would be profitable to use their selections as Dobbing selections then you can research this by checking the Betfair results page and comparing the Betfair Starting Price with the In Play Low price.

Each time that the In Play Low is half what the Betfair SP is then that would have been a profitable trade.

If you are available during the day consider this as a way of making profit.

If you're a Betting Insiders member check out page 43 of the February 2014 report.

Bot

As you might expect we had a lot of readers interested in the free bot trial and we have emailed the 10 people that were chosen at random. At the moment only 6 of those have replied, if we don't here back from the other 4 today then we will mail another 4 to take their place.

If you weren't lucky this time we will keep you in mind for future freebies.

Today's Selection

6.40 Kempton My Manekineko – eachway bet – 14/1 Paddy Power

Software Updates

It seems there were problems with the delivery of the free Puntology Ratings software yesterday.

As I understand it, too much demand caused the email service to invoke a security restriction.

The result being that if you weren't one of the 1st thousand to sign up then the mail with the download link wash't delivered until later in the afternoon.

Hopefully if you signed up you now have the software ready to rate todays races.

If you didn't sign up it is still available here – Free Horse Racing Software

The mention of software yesterday triggered some questions about Mystery Horse Bot and the Daily Punt Lays bot.

So I'll quickly update on those two today.

The Mystery Horse Bot is having a strong month, after a very poor December, and is now 40 points to the good so far in January.

I've just checked the results page (http://mysteryhorsebot.com/results/) and that is up to date to the 14th January, profit has jumped since then.

The Daily Punt Lays is also having a good month and is £103.36 in profit to £10 liabilities per selection, which is the minimum stake for Betfair SP lays.

I have been told by the boss that the price of the Daily Punt Lays bot will have to go up next month for new users. But at the moment there is still a 7 day trial and then a subscription fee of £19.99 per month – Click Here

Today's Selection

1.00 Lingfield Dark Lane – each way bet – 9/1 Bet 365

Value Betting System

I have been talking recently to a guy who started his betting career on a serious basis a few years ago. And by serious I mean he had to live off of the money he won.

He told me about the method that he used to find his value bets, which required no form study, and essentially was just comparing prices between bookmakers and Betfair.

This is a method I've heard about before and I've now done a bit of research for this article.

Basically the theory goes something like this…

1. Betfair odds represent the true chance of a horse winning (Wisdom of Crowds etc)

2. If you can get better odds from a bookmaker than the Betfair odds you have value.

3. When you find such a bet you either back with the bookie and lay off at Betfair for a guaranteed profit or just back the horse with the bookie because it is a value bet and you will win in the long run.

So I'm sure that has raised two questions in your mind, how profitable is it and how hard is it to find the selections.

Let's start with finding the selections, basically all this requires is to scan though the cards at Oddschecker looking for horses that have a bigger bookies price than the Betfair price.

Then clicking through to Betfair to see if you can lay the selection at shorter odds than the bookie price. If you can then place the bet with the bookie and either lay it or not at Betfair depending on which strategy you are using.

While looking for some data to confirm that this is still a profitable strategy I came across a tool that will find the bets for you and this tool has a results page showing results going back three years. Here's a screenshot for 2012.

Racing Synergy results

You can click here to get the full breakdown on Bet Synergy.

If you've used this method, this software or anything similar do let me know in the comments.

Today's Selection

Southwell 4.05 Burgoyne – win bet – 2/1 Bet365

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