Tag Archives: scenario

Nick Hardman Free Tips

A bright Friday morning brings with it the joy of six tips from the excellent Nick Hardman of the Betting School Insiders Club

We have some decent racing today with the meetings at Doncaster and Huntingdon standing out by some way. I have gone through the cards and picked out some horses with strong chances as well as picking out a couple of bigger priced each-way runners.

John Ferguson is 4-11 with his hurdlers at Doncaster in non-handicap races in the last 3 years for a level stakes profit of £9.29. He runs Buckwheat in the novice hurdle race at 1.05pm and champ AP McCoy is booked to ride.

Nicky Henderson’s Days Of Heaven rates a big danger after showing much improved form in a first time hood when scoring at Ludlow (hood fitted again here). With that in mind there are options for the forecast with these two likely to be a lot better than the rest.

Steel Summit’s winning sequence must come to an end at some point but the manner of his latest victory and the fact he is 10lbs well-in at the weights make him one of the strongest bets on the card in the 2.50pm.

Nicky Henderson has a good chance of taking the final race on the Doncaster card with Clondaw Banker in the maiden hurdle. His second behind Jolly’s Cracked it at Ascot back in November is smart form and he ran that same rival to within a length next time out. A reproduction of either of those efforts should be enough to win this.

It’s not often a horse with form figures 8696 would interest me but you should always put those figures into the context of the race the horse is running in.

In this case the race is a novice handicap hurdle and a quick look at the rest of the runners reveal they too have form figures that look like the numbers round from Countdown.

The horse in question is Haleo and he runs in the 1.40pm today at Doncaster.

What drew my eye to him originally is that he is rated 97 in a race where the top rated horses are rated 99.

However, he gets a hefty 13lbs weight-for-age allowance from those two horses.

He ran well for a long way on his last start before fading two from home to finish 6th, beaten 10 lengths in total. He is the 20/1 outsider of the field here but I think that allowance will see him finish closer than market expectations.

Over at Huntingdon we have a similar scenario in the 4.05pm handicap hurdle that closes the card. Cyclop is joint-top rated with Harry Hunt on an official rating of 120.

However, the 4yo Cyclop gets 11lbs from his 8yo rival. Also in his favour is the booking of Sam Twiston-Davies and he also has a C&D win to his name. Up 6lbs for that latest win he might still have a bit of improvement in him.

The best race on the Huntingdon card is the Pertemps Network Handicap Hurdle Qualifier and top rated Aubusson is sure to prove popular dropping back into a handicap.

His latest effort saw him finish 3rd in the Grade 1 Long Walk Hurdle. Prior to that, he won the Grade 3 Fixed Brush Hurdle at Haydock to earn his current rating of 153.

He has to give 11lbs away here although Lizzie Kelly’s claim will off-set 7lbs of that.

However, this is a hot race with David Pipe’s Knight Of Noir also holding strong claims along with Dolatulo and Zeroshadesofgrey.

But the one really interesting runner is Ely Brown. He defied an absence of 198 days to win a Pertemps Qualifier at Ascot in 2012 off a mark of 125 and went on to finish 6th in the Pertemps Final at the Cheltenham festival.

He defied an absence of 206 days to win the same Qualifier again in 2013 off a mark of 135 before being sent novice chasing where he won a Grade 2 on his second start.

He has not been seen in almost a year but it is interesting he goes back over hurdles and is racing here off a mark of 139.

Charlie Deutsch takes off 5lbs so that puts Ely Brown 1lb below his last winning hurdles mark.

He has won first time out in the last 2 seasons. This would be some training feat were he to take this and it will be interesting to see how he goes.

The negatives are that he is returning from injury (as opposed to a seasonal break) and word is he is being aimed at a tilt at the Grand National so this may just be a pipe-opener.

That said you often see Grand National horses running at the Cheltenham festival in the Pertemps Final.

My interest is perked just enough to have a little each-way @12/1.

Doncaster 1.05pm Buckwheat tweet this tip
Doncaster 1.40pm Haleo @20/1 (e/w) tweet this tip
Doncaster 2.50pm Steel Summit @6/4 tweet this tip
Doncaster 3.50pm Clondaw Banker tweet this tip
Huntingdon 3.05pm Ely Brown @12/1 (e/w) tweet this tip
Huntingdon 4.05pm Cyclop @9/2 tweet this tip

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

In Running Delusion!

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

1.09 in running just won’t work…

Hi

Every so often we get an influx of support questions about betting in-play and the issues people are getting when they are trying to get matched at 1.09 or whatever the latest fad is regarding this idea.

This idea has been going around in different forms since Betfair began and is based around getting matched as often as you can on the horse that looks like it will win the race.

The normal explanation is that you get on the first runner that drops below a certain price.

It’s started in the early days of getting matched at 1.01 or 1.02 gradually it has moved out to 1.09 or somewhere close.

On paper the ideas may sound feasible but in practice it really doesn’t work that well and here is why…

The problem lies with Betfair’s matching policy.

If you put a “back” bet into the market at 1.09 then only 3 things can happen.

1. You get matched at 1.09
2. You don’t get matched at all.
3. You get matched higher than 1.09.

You get matched at 1.09

If you are lucky and as soon as you put your bet into the market Betfair has enough money on the lay side to match your bet, you will get matched at 1.09.


You don’t get matched at all.

Betfair will not match a back bet under the price you asked for, so if the price has moved past 1.09 IE it has continued shortening you will not get matched.

You get matched higher than 1.09

Betfair’s policy allows them to match a back bet at a higher price than you asked for. This is how the exchange works if they couldn’t do this then Betfair wouldn’t exist.

So if the price drifts because the horse no longer looks like a winner then you will get matched at the higher price.

So with the above in mind let me show you how this idea is flawed.

You are sitting there watching the screen or running a bot that is set to put a bet into the market either on the first runner to hit 1.09 or a pre determined named runner.

The runner hits 1.09 and you place your bet into the market.

So our first assumption is that this runner is likely to win the race because it has hit 1.09.

If it is winning the race (and a lot of people will be watching live at the course checking this) then two things will be happening….

1. All the people out there using a similar strategy will be putting as much money into the market as they can.

2. Many traders will be trying to offset an earlier lay bet.

If this horse is looking like it will win the race that price of 1.09 won’t be there for long…Probably less than a second.

So if you’re doing this manually your probably be too late and even bots may not be quick enough.

The biggest issue will be that Betfair won’t have enough money to match at 1.09 and because they can not match your back bet under 1.09, then you will end up with an “unmatched” bet.

But then we have the other side…

Again we see the price go under 1.09 and we are at the same scenario as before except this time something happens on the course and suddenly our selection is no longer winning.

So the opposite starts to happen and the layers get into the market and probably a lot of traders.

Before we know it the price goes from 1.09 to 1.2 or higher and you are just in line to get matched as soon as Betfair can.

In theory this could be as high as 999 but it doesn’t matter it is over 1.09 so you have been matched on a runner you weren’t expecting. (A runner that no longer looks like winning)

The real point is that you are going to find it easier to get matched on a runner that has hit 1.09 and then goes on to lose, than you will on one that goes on to win.

The complaint we always get from people who do not understand the way Betfair works is that you were matched higher than 1.09.

Yep and that will happen a lot because that’s the way Betfair works!

Just a little more information…

First of all if a runner goes to 1.09 then that would have been your selection. It doesn’t matter what price you get matched at after that, unless your runner goes onto win then you lose your stake.

The point is (according to the rules of the system you are following) the runner did hit 1.09 at some stage so it was a selection.

Secondly if you stick to 1.09 then you probably won’t get matched often enough to make the idea viable.

Thirdly I am sorry to say but I know of people who have created very specialized software to follow this idea.

I believe many of these people also have people at the tracks feeding them information or they have a connection that lets them see the race live.

There are only two ways you may get this idea to work.

When your selections hits 1.09 you put the bet into the market at 1.01 and see how often you get matched and at what price and see if it works.


You put a bet into the market wait a second and then cancel. You either got matched or didn’t but at least you may not have wasted a bet on a runner that ended up losing.

As I said at the beginning on paper the idea seems as if it will work but in practice it is a different matter.

Still some sites still insist on selling this strategy as “easy money”.

I don’t agree.

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

Malcolm
“The Nerd”

http://greyhorsebot.com

Today's Selection

2.35 Goodwood 7 Moonraker – eachway bet – 12/1 Bet 365

By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close