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Your Easy 10-Step Staking Plan For Low-Risk, Steadily Growing Horse-Racing Wins!
2008-04-08 23:02:23
Of course, when you back two horses to win the same race, one will always lose - but if you follow this clever staking plan, you'll always make a net profit whichever of your selections wins.
1. Register with the Racing Post web site at http://www.racingpost.co.uk It's perfect for use with this system. You'll have access to all the information you need, and Registration is FREE.
2. Eliminate all Amateur Races, Ladies Races, Apprentice Races, Selling Races and any race with 'novice' in the title. All are something of a lottery.
3. Eliminate all races where the Betting Forecast favourite is 10/11 (1.91) or shorter in the Best Odds list. There isn't enough profit in such short-priced runners to make this system viable. (You'll find the Betting Forecast on the Racing Post online racing card for each race, under the list of runners, and the Best Odds list on the extreme right of the racing card.)
4. For all qualifying races, find the horse with the highest Racing Post Rating. The figures you want are on the right of the racing card, under the heading 'RPR'.
5. Select races in which the highest RPR horse ran most recently. The number of days since a horse last ran is shown by a number placed directly after the horse's name (e.g. Kingsbury 34). So, you're looking for the horse with the highest RPR which also has the lowest figure for days since it last ran. This horse is likely to be in peak racing condition.
6. If two or more races tie because the top RPR horses in each race last ran on the same day, give preference to the race where the Betting Forecast favourite has the highest Best Odds price.
7. Once you've selected a race, the two horses to bet on in that race are the one with the highest Racing Post Rating and the one which is the Betting Forecast favourite - the first-named horse in the Betting Forecast. If these should be one and the same horse, place your bets on the horse with the highest RPR and on the second-named horse in the Betting Forecast.
8. Set your stakes according to the Best Odds price for each horse. Convert the odds for both selections to percentages by dividing the right-hand figure in the odds by the sum of both figures, then multiplying by 100.
9. Add the percentages and subtract from 100 to find your betting profit margin.
10. To make ?50 profit, or any other profit per race, divide your target profit amount by the profit margin percentage and multiply the result by the percentage odds for each horse. That will give you the required stakes.
EXAMPLE: Let's say your two horses are priced, respectively, at 6/4 (2.5) and 5/2 (3.5) and your target profit amount is 50 pounds, dollars, euros, etc. For the purposes of this illustration the dollar symbol is used, but you can use whichever is appropriate for you.
Therefore:
4/(6 + 4) = 0.4 *100 = 40%
2/(5 + 2) = 0.2857 * 100 = 28.57%
40% + 28.57% = 68.57%
100% - 68.57% = 31.43% profit margin on your bet
$50 / 31.43%) * 40% = $63.63 stake on horse 1
$50 / 31.43%) * 28.57% = $45.45 stake on horse 2
Total Stake = $109.08
So, whichever of the two horses wins, $159.08 is returned to you! And...
$159.08 - $109.08 total stake = $50 profit.
But is it possible for you to back even more horses in the same race so that whichever of them wins you'd recover your total stake for all your bets and still make a profit, just as you can for two horses?
Well, yes, it is... in fact, there is a little-known way you can cover up to 85% of the horses in a race to give you colossal winning opportunities. And there are occasions - though not often - when you can even cover ALL the runners to give you a 100% guarantee of winning.
But, as you increase the number of horses covered, the inter-dependent calculations become so complex it isn't feasible to carry them out manually in a reliably accurate and time efficient manner.
The solution?
You need specialist dedicated software to do the job for you.
About the Author
Donald Hunting is a recognised authority in spreadsheet development. Visit his product page http://www.info4u2succeed.com/ecommerce/mbm for more information about his unique dutching calculator which permits you to back up to 85% of the horses in a given race with the unconditional guarantee you will always recover your entire total stake and make a profit, whichever of your selections wins.
Donald Hunting
Previous Blogs:
2008-04-01 04:01:38
It seems like a dream or a fantasy. Can you really bet on both sides of a sports contest and come out a winner? How about a big winner? The answer is a surprising yes. It’s something that is not talked about too much, but it exists. This article is going to explain how you can win at sports betting by betting both sides of an NBA game. The concept is very easy to follow and you will be...
2008-03-20 20:20:48
If you've read any of my articles before, you know I always emphasize the fact that there are many viable systems for any type of gambling. Sports betting is no exclusion. I've tested and found success with several sports betting systems, several of which would allow someone to quit their job and make a full time living at it. Here is just one simple system for you to test for yourself...
Take...
2008-03-07 03:23:58
A betting strategy or betting system is a calculated approach to gambling - horse gambling in this case, which is intended to counter or upset the partiality that inherently favors the house or bookmakers in any sports betting event. Any successful strategy increases the players’ odds of winning in order to produce long term profits. These days, horse racing systems are based...
2008-03-07 02:01:32
After studying and cataloging hundreds of different NFL betting systems over the past decade or-so, I have learned that there are really only 3 distinct types of systems that effectively beat the spread. They each have the ability to expose opportunities for profit versus the line—they just do so in very different ways.
The first and most common category (which accounts for the majority...
2008-03-07 01:59:46
If someone where to ask me: "Is their one particular NFL statistic that you would class as indispensable when working against the point spread"? It wouldn't take me long to respond. The answer--Pass Defense ratings, or PDE for short.
This may come as a surprise to those purists who believe that the NFL is built on the rushing game, but yes, how well a team defends against the pass is...
2008-03-07 01:58:14
Red Zone Conversion percentage is one of those basic-box score stats that has been around for so long, it's easy to overlook it in today's 12-15 page NFL Gamebooks. It's a deceptively simple, yet powerful statistic--teams that consistently convert Red Zone drives into touchdowns are the same teams that win games, and cover spreads. Teams with strong rushing attacks and tall, athletic receivers...
2008-03-07 01:56:34
While most certainly an American invention, the true origin of the point spread is cloudy. Some experts believe it was introduced in the 1920's while others claim it wasn't widely used until the 1930's in the New York area. Regardless of its actual birth-date, this much is known--In the years following the 2nd world war, the point spread became the dominant form of wagering for both American...
2008-03-07 01:43:35
Finding profitable betting opportunities playing the ponies is not as hard as people may say. If you would like a winning horse racing system that is easy to use, why don’t you try this great little system? It has three rules yet it is so simple that anyone can become an excellent handicapper with it.
I’m going to list the rules, and then I will explain...
2008-02-28 00:09:21
Betting arbitrage is a method of creating a bet that has a zero risk - in other words, you always win! The concept of 'arbitrage' comes from the financial world, and describes the activities of traders who find two different places offering the same trade, but at different prices. They then exploit this difference by selling in one location and buying in the other. Whatever happens to price, they...
2008-02-28 00:07:04
The most important rule of this system that you should never break is that once you have reached your goal winnings for that day, YOU QUIT AND WALK AWAY.
The first step in using this system is to set a value of how much you wish to win each day. As a rough rule, the safest figure is 5% of your total bank.
This is purely down to you. The higher the % the more risk you have of needing to...
2008-02-28 00:05:36
People assume that betting on horses is based on luck, and that the only method to win money while doing it is to get inside information. By inside information, people generally refer to match fixes or some other knowledge that one or more of the horses is sick. This might have been true once, but in todays modern world where the gambling is institutionalized and checked daily, this sort of thing...
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Typical House Edge
Roulette (EU) Single "0" Wheel
2.7%
Roulette (US) Double "0" "00" Wheel
5.2%
Blackjack
0.6%
Baccarat
1.23%
Craps
1.52%
Above is a rough guide only House edge can vary on different bets - and some systems will let you tip the Edge in your favour explore the site to find out more!!!
GLOSSARY OF TERMS
ANTE
-Forced bet placed by all players in poker before the cards are delt.
BANKROLL
-The total amount of gambling funds available to you.
CALL
- A Poker player matches the current bet on the table.
CHECK
-A player can check in order to stay in the game but not bet.
DOUBLE DOWN
-In blackjack, it is the players option to double their original bet in exchange for just one more card.
EVEN MONEY
- A bet that pays back the same amount wagered 1:1
FACE CARDS
-The jack, queen, and king cards - any suit.
HIT
-In blackjack, to take another card.
HOUSE EDGE
- The odds are slightly in the favour of the casino to ensure income for the casino.
KICKER
-An odd high card held that doesn't contribute to a straight or a flush.
MARKER
-An established line of credit between a player and casino.
PAY LINE
- The active line or lines on a slot.
POT
- The total amount bet during a poker hand the pot goes to the winner of the hand.
PROGRESSIVE
-A slot machine jackpot that get higher every game.
PUSH
-Drawn game / tied hand.
RAKE
- The amount of money casinos charge for each hand of poker.
SESSION
- Amount of time spent gambling at any game.
STEAL
-A win in poker won by bluffing.
TRIPS
- 3 cards of the same kind.
WILD CARD
-Card that can be used as another card to complete a hand - Normally a Joker.