Goldline - how it works !!

This is a discussion on Goldline - how it works !! within the Trading Systems forums, part of the Methods category; pthorpe, Selecta7 is a standalone program which does not require any regular support. They will still answer questions when asked. ...

Reply
 
LinkBack Thread Tools Search this Thread
Old Sep 11, 2004, 10:22pm   #9
Joined Sep 2003
scpope started this thread pthorpe,

Selecta7 is a standalone program which does not require any regular support. They will still answer questions when asked. As a way to make money it does go thru losing spells because of the way it works. Over the long term it makes a little profit. It's not a get rich quick, its small money £50-£100/month taken over the year. It's also not possible to reinvest to increase income as bookies don't like consistent winners (like spreadbet firms?).

I believe the Goldline team are in for the long haul because Goldline is a consistent money spinner for them, thru the annual support/data feed. I was interested to learn how it worked to assure myself that 1)it was worth paying for the annual data feed, and 2) if they do decide to stop the data feed and support I am able to continue running the system independantly. After all nothing in life is certain except death and taxes!
scpope is offline   Reply With Quote
Old Sep 11, 2004, 11:04pm   #10
The Staff are paid members that perform various roles such as editorial, advertising, support or technical work.
 
Trader333's Avatar
Joined Jan 2003
scpope,

Quote:
It's also not possible to reinvest to increase income as bookies don't like consistent winners (like spreadbet firms?).
With the advent of betting exchanges this statement is simply not true. As anyone who uses a betting exchange knows, you are totally anonymous and can place massive bets so the idea that re-investing winnings being not possible is no longer applicable and hasnt been for over 2 years.


Paul
Trader333 is offline   Reply With Quote
Old Sep 11, 2004, 11:43pm   #11
Joined Aug 2004
Quote:
Originally Posted by Trader333
scpope,



With the advent of betting exchanges this statement is simply not true. As anyone who uses a betting exchange knows, you are totally anonymous and can place massive bets so the idea that re-investing winnings being not possible is no longer applicable and hasnt been for over 2 years.


Paul
It's a semantic point, really, isn't it? A "betting exchange" is not a bookie. The main difference (for the purposes under discussion here) is that with a betting exchange, one is betting against other punters, not against the "house". They get their commission whoever wins, so they don't mind winners at all. Bookies certainly do, as the man said.
Roberto is offline   Reply With Quote
Old Sep 11, 2004, 11:53pm   #12
Joined Jul 2003
I think Paul was just pointing out that SBing wasn't the only way to bet and that some restrictions and limitations inherent in the SB/bookie setup are absent with the exchanges.

Semantics - yes, if strictly related to scpope's point - but rather more practical if one was previously unaware of the existence of betting exchanges.
TheBramble is offline   Reply With Quote
Old Sep 12, 2004, 9:37am   #13
Joined Sep 2003
scpope started this thread TheBramble,

True enough, I am aware of betting exchanges in the same way I'm aware of nuclear power, I know it's there but not how it works. I will certainly be investigating it further. One other point on Selecta7, it's a system which should work every racing day, but in practice, and the way to make profit with it is to only bet on saturdays and only during the hunt season. Other times its performance is dubious.
scpope is offline   Reply With Quote
Old Sep 12, 2004, 10:11am   #14
Joined May 2001
I agree with Paul and Bramble. I still get letters through my door from people who claim to have 'inside knowledge' regarding horse racing. These people all claim one thing...."The bookies wont take our bets anymore" and "The bookies dont like us and we cant place bets" etc etc etc.......
They need to be able to ply the would be 'punter' with a suitable excuse as to why they dont simply use the info themselves and hence turn a huge profit. Of course there are still people about who are unaware of a) How the scam works, and b) that betting exchanges exist which means that anyone can bet regardless and hence there excues of "No one will take our bets" is total nonsense.

Next time you get a letter throught your door offering horse tips in such a manner just ring them and make them a business offer. I recently offered to place all one companies bets and hence overcome the problem of not being able to place the bets on the 'inside info'. Of course I would have just used the betting exchanges. For some reason the company didnt seem interested. I wonder why. For some reason they just seemed keen to offer me the tips for a fee every month plus a share of any wins. Surely if they really had genuine inside info then they would have jumped at my offer ?

Steve.
stevespray is offline   Reply With Quote
Old Sep 12, 2004, 1:24pm   #15
The Staff are paid members that perform various roles such as editorial, advertising, support or technical work.
 
Trader333's Avatar
Joined Jan 2003
scpope,

The only point I am making is that you can reinvest your profits by using a betting exchange and you will also get better odds than you would normally do with a normal bookie. So if you havent done so far, then do check it out as it will be to your long term benefit.


Paul
Trader333 is offline   Reply With Quote
Old Jan 8, 2005, 2:08am   #16
Joined Sep 2004
There was a horce racing software being sold in Australia and UK for 8k a few years ago called SentinalAX by a mob called Hamlyn Crest.

They made the mistake of having the software available as a trial download on their website, so I had a keygen made by a hacker.

It works like this, you enter the amount you want to bet, and all prices for the race 10-12 minutes before start time. Then you enter the prices again 2-3 minutes to go. It does an analysis which obviously tries to see where the late smart money is going.
It will pick 2-6 horses, with a total betting amount being what you selected.

The amount to bet on each horse is adjusted to reflect their odds, so it does not matter which horse wins the profit for that race will be about the same.

Is this anything like the Selecta 7 or those other racing systems? I used it on 3 occasions, the first 2 it worked the 3rd it failed miserably and I forgot about it until this thread was mentioned.

If anybody here is willing to give it a shot and test post away as I dont have the time.
Although I dont know who well it will work in the uk, in australia we have government run tab betting pools there are no bookies, so everybody has to use the same betting pool and odds.

I was also told it really only works on the saturdays and major meedweek meets best.
Agisthos is offline   Reply With Quote
Reply

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Similar Threads
Thread Thread Starter Forum Replies Last Post
Goldline System For £200 rockrat Trading Systems 17 May 3, 2012 1:38pm
Goldline TheOwl Trading Systems 166 Mar 20, 2008 6:13pm
Goldline Systems steveharris1 Trading Systems 14 Jan 23, 2006 12:52am
Goldline for sale on ebay rockrat For Sale & Wanted 2 Oct 29, 2005 12:47pm
www.markettext.com ....anyone used it or Goldline please? jasonnash Trading Systems 7 Mar 2, 2004 12:59pm

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)