Tag Archives: users

250 points profit, Three Week Free Trial

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The numbers in the headline are from an actual live service called Stat of the Day. As the name suggests, this is a one-a-day service with a strong statistical background. Since it started in November 2011, the service has registered 292 wins from 1031 bets (better than 28% winners), and has returned a profit for its readers of £2,505 to £10 level stakes.

Those aren’t fictional figures either. Rather, every single bet has been recorded and tracked on site… and followed and backed by over 650 loyal members.

Anyway, like I said, I’m telling you about it today because you can put this brilliant info to work for you for the next three weeks, gratis.Continue Reading

Being flexible added 8% ROI

Malcolm Pett's Wednesday column
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I have always liked to think of myself as a “Flexible” thinker.

In other words I am ready to change my opinion if I feel there is enough evidence to convince me that another way is better.

Sometimes I have to admit that I can be a little too quick to change my opinion but I suppose I would rather be that way, than to stubborn to change it at all.

Don’t get me wrong I have very strong belief’s about some things, it’s just I like to be flexible about others.

For instance I am a dog obedience and trick trainer and over the years I have learned the best way to train is “reward” based training.

It’s quick and it works and dogs respond to it well.

So I am totally against using any device or training method that causes a dog distress or harm or even looks like it could.

Sorry you won’t convince me otherwise!

But on the other hand…

I have been talking about the “Interactive” ratings that we are testing over at the Grey Horse Bot website for the last month.

I came up with a rating as 220 as being the best figure to follow.

But now on reflection and more testing I think 260 is the better number.

It’s not quite as profitable as 220 (by a very small margin) …

…But there are 3 good reasons for choosing 260

1. A higher strike rate.

2. Less selections

3. A higher Roi.

Although taking all the selections into consideration over the last 
3 months 220 has made 38.63 points, 260 has made 38.59.

Hardly anything in it…

But you would have been on fewer selections, which would have given 
you a higher strike rate and a better return on your investment.

The strike rate difference is over 4% and the ROI is 8% better.

So in this case it seems sensible to change from 220 to 260.

But that is the really good thing about this test it has allowed users to decide which rating suits them.

I do have to have a little giggle to myself though when after all I have written about these ratings I still get the question…

“What is the best rating to follow?”

Well at least I now have an answer…

If you want to follow along with the test then pop over to the Grey Horse Bot website.

Maybe you have another opinion…

It would be great to hear it.

Thanks
Malcolm

http://greyhorsebot.com

Today's Selection

14:30 Chelmsford City Indias Song – win bet – 9/4 Sky Bet

Place Ratings

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

Using ratings to find selections to place

I was never really interested in the place market on Betfair until recently.
But while working on a new ratings system I noticed a trend that got my attention.

Lately I have got very interested in high strike rate systems that normally select runners that are ranked 1st to 3rd in the betting.

Admittedly these are not the easiest systems to make money with but they can be a little more interesting to follow than your average “One a day” wait for a winner type system.

I am not knocking this type of system as I run many of them myself. I am just saying that sometimes it’s nice to have a few more selections that seem to win very often.

Over the last year or so I have been creating quite a few rating figures based on different ideas and I have shared some of these with Grey Horse Bot users.

The idea of creating any ratings is to help you identify potential winners but I think “help” is the key word…

…They can be useful in helping you to narrow down the field and letting you concentrate on just a few selections in each race.

In my last couple of articles I have mentioned that I was concentrating on the top 3 in the betting as ranked by the BSP prices early in the morning and I wanted to carry on with that idea.

I tend to try and make it a little easier on myself like sticking to “Handicap” races only as I have in this case.

As a programmer with quite a large database of results and information to use I am lucky in the sense that I can come up with ideas and then test them quite quickly.

But you should never forget the fact that humans are very good at noticing patterns.

I make sure I spend a great deal of time just looking at my ratings within the context of a lot of other racing information, just to see if I notice something that I may not have seen just by looking at individual numbers.

And this is what I was doing while looking at my latest ratings.

It appeared that the selections that I had been highlighting (I use yellow normally) to show me strong selections (although were not winning all the time) did appear to place.

Of course nothing is ever that simple and the next thing was to discover if I could come up with a way of identifying enough winning selections to make money.
And that’s where I am at the moment.

I have a list of daily selections and I have to decide which ones I am going to place.

With a couple of rules I am able to either discount the race entirely or select just one runner to follow.

If you would like to see the daily selections and the ideas I have come up with then pop over here for a look. Click Here

You can look back to the beginning of this month at the moment to see if you can find anything yourself.

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

Malcolm

The Grey Horse Bot

http://greyhorsebot.com

Today's Selection

12:35:00 Fairyhouse Digeanta – eachway bet 6/1 Bet Victor, Bet 365

Nano Betting Systems

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

“Don’t put all your betting eggs in one basket.” The art of “nano” systems.

I like many people who have betting and creating systems for many years believe in creating very specific systems that find trends based on very specific criteria.

I call them “nano” systems.

I have 3 main criteria when creating a nano system.

It is created using one of the five race types (Flat, Hurdle, Chase, All Weather or national hunt flat).

It uses specific criteria like age group or form element or even a particular runner type.


It will generally be looking at 30 or less selections a month sometimes as little as 10 or less.

Although there is no real criteria on the amount of points a nano system may make a month it is generally accepted that's this will probably be 10 or less points per month.

There are two main reasons why you may want to consider creating nano betting systems.

The first is it allows you to find niches within a sport like horse racing that has possibly been over looked and so allows you select runners that either offer better value or that allow you to win more often than statistically you should.

Secondly it allows you to build up a portfolio of targeted systems that combined could allow you to make more profit than may have be earned by using just one system.

Like the old saying “Don’t put all your eggs in one basket”

But let’s have a look at an example.

One of the great things about Nano type systems is that you can be so specific that you can even just choose one day of a week to base your system around.

Now I know not everyone will agree that days of the week should matter to a system and it’s not always the case. But in this instance I did find a system that over the last 16 months has produced a profit.

Of course it could be a trend and it has had some losing months but it has still produced a profit since I first introduced it on the 22/02/2014.

And even last month made 9.43 points

In this case the system used our “in house” rating system (available to users) and used a number of race and form elements to drill down to find this system.

In fact the tool I used (the SPB system builder) has improved so much since I created the system that it is probably worth looking at it again.

Another system I have just introduced is based around French horses doing well in particular UK races.

I haven’t worked out why they seem to do so well but there is an apparent trend at the moment in certain races.

One other trend I have just noticed is in races where there are just three runners.

I found a profit of 76.473 points could have been made over the last 69 races at BSP (after commission) on certain race types.

I have actually put together a guide for you so you can see exactly how to find the selections.

Find out more here. 3 Runner System

This one actually breaks my first rule but it was spotted accidentally when I was researching statistics for number of runners in a race for a client.

This is just 3 examples of the type of systems you can come up when looking for a more targeted system.

In the next article I will have some more examples of “Nano” systems and some that you can follow automatically.

Thank you for reading I really appreciate it.

Malcolm
Grey Horse Bot.

http://greyhorsebot.com

Today's Selection

9.15 Kempton Loraine – eachway bet – 13/2 Bet 365

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