Tag Archives: support

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)

Backing Favourites for a Living – Malcolm Pett

Backing Favourites for a LivingToday we have our regular Wednesday article from Malcolm Pett and this week's subject is backing favourites for a living

Can you make money backing favourites?

Most people tell you that there is no value in backing favourites and you should stay clear of them and look for those “outsiders” that come in now and then, at a really good value.

It sounds plausible except almost 80% of all winners come from the top 3 or 4 in the betting and so although it’s not rare to see an outsider come in at great value…

…It’s not easy finding and identifying them.

Backing Favourites for a Living

If you have read any of my articles then you are probably aware that I tend to go on about strike rate and average winning odds a lot.

There is good reason for this…

…They are important…very important.

At the end of the day all that matters is that these two figures stack up and make you a profit.

If you go for the lower strike rate range then you will need higher odds to make money.

Where a higher strike rate means you need lower odds to make money.

So it doesn’t matter if you are on favourites or outsiders the figures still have to add up.

People love going on about finding value and if you like being a detective then it is really good fun.

But value bets winning are rare and so even if you get good at spotting them your strike rate is still going to be low, meaning you will get a lot of losers before finding a winner.

Looking for value bets also needs a big bank roll and you need to know when to take advantage of the odds available.

I follow a number of systems like this and you soon find out that you have to go through losing runs of 20, 30 or even 50, to make these systems work.

Not many people are prepared to do this and not many people have the bank to support it.

I am not saying you shouldn’t have high price value strategies…

…I am just saying it probably doesn’t want to be your only strategy.

But we have already talked about there being no profit in favourites so what else can we do?

Well let’s discuss that for a moment.

Let us say that we came up with a system that uses favourites and has an average strike rate of 50%.

That means “on average” we win one bet and we lose one bet.

So every time we lose…we lose 1 point which means every time we win we need to do better than 1 pt to make money.

In fact if we take Betfair prices where we can generally do a little better then we need an average winning price of 1.05, just to break even.

So let’s say for arguments sake we get on average a winning price 1.26 (2.26).

1.26 * 5% = 0.06 = 1.20 profit

So if we had 100 selections in a month and won on 50 of them it would look like this…

50 * 1.20 = 60 – 50 = 10 points.

So as you can see we don’t have to have a very high “average winning odds” to make a decent amount of points every month.

The thing is to test…it’s no good saying you cannot make money on favourites unless you try some strategies over 2 or 3 months.

If you pick well then even if you don’t get the prices you need. You are unlikely to lose as much as you would following a low strike rate high value system with long losing runs.

Malcolm

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

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