Tag Archives: value

Beat The Odds and you Will Profit

Sometimes in life we need to remind ourselves of the fundamentals of whatever we are striving to be successful with in order to get our ship back on course.

With betting the biggest fundamental is value and the easiest way to make money from betting is to make your bets at odds that are better than starting price.

And beat starting price when it is adjusted down for a true market IE the prices make up a 100% chance when all possible outcomes are added up.

Starting price, especially these days with the betting exchange markets is an easy and reasonably reliable indicator of the true price/chance for any runner.

And the easiest and most efficient way to do that these days is to beat Betfair SP.

Betfair SP makes up to 100% and the prices are fair to both backers and layers.

If you can beat the Betfair SP consistently then you will make a profit.

There are tipping services that base their whole selection criteria around betting on horses that are showing signs that they will shorten in price from the morning bookie price to the starting price.

Although that is a winning strategy in itself, a better strategy is to study form and make your own selections, determine your own prices and bet where the early prices are bigger than your assessment.

That can be hard work though and you may want somebody to tell you what to bet to beat the market and if you want to be a winner without the work I would recommend Rory Delargy of the http://racingconsultants.co.uk

Rory regularly beats Betfair starting price and consequently he makes steady and consistent profits.

he also gives a full analysis of every bet he gives so you know exactly why they have made each bet. These write ups invariably include other profitable info and bets that are below Rory's minimum price

http://racingconsultants.co.uk

Updated 27 Jan 2020

# Kautoyoustar

Betfair are running a competition to win a framed photo print stamped by Kauto Star or a Betfair scarf stamped.

All you have to do is to follow Betfair on twitter @BetfairRacing and tweet with the hashtag #kautoyoustar saying what make Kauto a star to you. Full details here

Hennessy Gold Cup 

It's Hennessy Gold Cup day tomorrow and there is a lot of opinion as to the likely victor, as you might imagine.

Lets start with one time favourite Great Endeavour.

Nick Mordin has a very interesting piece highlighting the shortcomings of the UK method of assessing the ground conditions on track.

As his example he assesses the runaway success of Great Endeavour in  the Paddy Power Gold Cup…

I think it was misleading for most bookies to mark Great Endeavour up as favourite for the Hennessy following this run. You only have to look at the horse's record to agree with trainer David Pipe's assessment that the 3m 2f of that race ‘might be a bit far'.

I have to agree with this assessment and see no value in following GE.

So let's assess the others…

Neptune Collenges – Excluded on age and recent form
Planet of Sound, Wayward Prince, Muirhead, Blazing Bailey – Recent Form
Fair Along, Balthazar King, Tullamore Dew, Billie Magern, Qhilimar – Out of the handicap
Beshabar – Needs further
Carruthers – Prefers small fields and heavy ground
Michel Le Bon – No recent form, hard to assess, possible danger
Sarando, The Giant Bolster – Suspect jumping ability
That leaves Aiteen Thirteethree & Wymott. We prefer Wymott who's last run can be excluded after picking up an injury. Set to carry just 10-2, he will also carry our stake. Good luck

Todays Tip

Newbury 3.50 Colour Squadron  (Result 2nd)

 

 

 

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

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