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Hutching Calculator – Hutching Profits

Following from yesterdays introduction to Dutching, today I want to tell you about Hutching and the Oddschecker Hutching calculator.

The Hutching calculator can be used like the Dutching calculator but instead of taking an equal profit whichever of your selections win. You can instead bias your bet towards a particular outcome.

So you could take all your profit from what you consider to be the most likely outcome and break even on other selected outcomes.

So you are hedging your bet, you have a bet, you expect it to win, but you want to cover some other outcomes so you hedge, hence the hutching calculator.

As an example Chelsea are 1.19 to beat West Ham tonight, so they are expected to win. If we think that West Ham are unlikely to score and Chelsea will win we could frame a bet using the hutching calculator.

If we decide to bet the correct scores of 1-0, 2-0, 3-0 & 4-0 which are priced up at 9.6, 7.2, 8.2, 11.5 respectively.

By adjusting our stakes we can pretty much break even on 1-0, 3-0 & 4-0 and take a profit of £38.60 on 2-0, for a total stake of £10.

If we've judged things correctly then that return compares favourably with the £1.90 profit from a straight win bet.

The image below shows the calculator and the stakes required.

The trouble with this hutching calculator is that you have to manually play around with the stakes to get your desired result.

And if all your bets were in the same market, then it's probably just as easy to do this directly into Betfair. But in this case our bets are spread across 2 markets.

Nevertheless this is a a useful way to frame bets to get better value and to bias bets towards what you consider to be the most likely outcomes.

Don't follow the crowd and just bet what is offered to you, hutch your way to profit.

Hutching Calculator Chelsea West Ham

Newspaper Tipsters

Do you follow a newspaper tipster?

I'm guessing a large part of the betting public do, whether that be a regular tabloid tipster or a specialist newspaper tipster, which these days means one of the Racing Post columns.

I've just been looking at the Racing Post Naps Tables and Tipster Challenge Tables.

In the Press Challenge which pays a first prize of £2,000 to the top tipster at the end of the year there are only twelve entries.

Two of those are The Favourite and Top Course Trainer, which I guess are included to give some context to the tipster performance but probably also to make yp the numbers!

The Press Challenge table is also interesting for the data that it doesnt include as much as it is for what is presented.

It is a year long competition and each tipster starts with a £1,000 starting bank and one pound is staked on each tip. The tipster with the biggest bank at the end of the year wins the prize, but the table doesnt show the size of those yearly banks in the table.

IE we don't know what loss has been made so far this year by each tipster.

What is does show is the monthly profit or loss to £1 stakes, they obviously have the annual figures to date, but I guess it would be demoralising to punters to show them 🙁

If anybody has these tables from the printed Racing Post from the last day of each month so we could build up an annual figure that would be useful?

So what do we get? For the annual stats all we get is the number of tips and the number of winners and a strike rate.

Favourites have won 36% of races this year. I don't quite understand the turnover column but I'm guessing it means how many races the tipster bets on and that the favourites are less than 100% because of joint favourites etc. If anybody knows different then please let me know in the comments.

The Suns Templegate has a 27% strike rate but only selects 48% favourites.

We get profit and loss facts about Naps, which I assume is for the month and that shows Templegate Naps at + 9 points, the negative figures from other tipsters are not big enough for this to be the year to date figures.

Where we get the most info is in the month to date.

This month favourites are winning with + 28.81 from 403 bets, not great but this is at industry SP and as it's favourites we would expect them to return a loss in line with the average over-round. So favourites are over performing this month, so far!

The only other tipster in profit this month is Patrick Weaver from The Star who is +6.44 from 382 bets.

Interestingly Top Course Trainer shows a big loss for the month and a terrible strike rate for the year.

You can check out this data for yourself here http://www.racingpost.com/news/tips_home.sd#topHorseTabs=press_challenge_form

I'm going to make a note to collect the tables at the end of each month to see if we can glean anything worthwhile from them in the future.

Today's Selection

3:30 Plumpton Fred Le Macon – eachway bet – 8/1 Paddy Power, Bet 365

Weekend Racing and Football Tips

There's a rollover on the Sky Super 6 this week that means you can win half a million pounds if you can predict the correct score in six matches today.

With no cost to enter this is a no brainer and even if you know nothing about football you should still have a go – http://dailypunt.com/super6

Football Bets

Last week we managed a £15 profit from our football bet courtesy of the The Alternative Punters Syndicate.

This weeks bet will pay £113 for £1 stakes if we get them all up.

Don't forget if you haven't tried TAPS before you can trial their racing and football tips for a full month for free – Click Here http://dailypunt.com/taps

Top Rated ‘Best 5 Aways'
(Perm any 3 from 5 plus all 5 = 11 bets)
ARSENAL
EVERTON
BOURNEMOUTH
SHEFF UTD
PETERHEAD
The best overall odds* for the ‘Best 5 Aways' are available with…
Horse Racing 
Yesterday Nick gave us his thoughts on the Old Roan Chase

Saturday Aintree 3.00pm

Conquisto @7/1 (if the ground remains good)

Each-way alternatives: Astracad @14/1 & Wishfull Thinking @14/1 (soft or worse) 

The ground is declared as good.

 

 

Jumping Propects 2015

Jumping ProspectsToday I'm looking at a book called Jumping Prospects that has been recommended to me.

It is written by racing stalwart John Morris.

The book is priced at £15 and was published late September and is aimed at those who like to follow trainers and also spot a few big priced winners that are under the radar.

There is comprehensive coverage of 21 Trainers along with comments on 475 of the horses in their care.

There are also ‘stable eyecatchers’ at the end of each interview to help you focus on those the author really likes.

Last year’s edition produced 242 winners and included winners at 40/1, 33/1, 25/1 and 20/1.

This is the 23rd edition of the book and clearly offers something that is worthwhile to many.

Here's the edited highlights of the Amazon blurb…

21 Stable Interviews with various jumps trainers including: Kim Bailey, Ali Stronge, rebecca Curtis, James Ewart, Harry Fry, Warren Greatrex, Anthony Honeyball, Nicky Henderson, Alan King, Emma Lavelle, Charlie Longsdon, Donald McCain, Paul Nicholls, Dr Richard Newland, Ben Pauling, Oliver Sherwood, Dan Skelton, Jamie Snowden, Tom Symonds, Colin Tizzard, Robert Walford.

John says: “Once again I have visited some of the major jumping stables along with other horses that might slip under the radar. The energy you pick up from my stable tour will fuel your betting tank for a long, long time!”

The Jumping Prospects book is guaranteed to uncover many winners during the autumn and winter jumps season.

When you purchase your copy of Jumping Prospects it will pay for YOUR outlay many times over, as it has the answers to future winners likely to appear during the jumps campaign.

You can obtain a copy by visiting http://www.dailypunt.com/jumpingprospects 

Today's Selection

9.10 Kempton Fiftyshadesofgrey – eachway bet – 11/2 Bet 365

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