Horse race betting works by selecting 'n' % winners at total odds enough to ensure winning during a gioven betting period.
So, if your method returns 1 winner n three bets, average odds must be approx 3/1 or better to win.
the horse race market largely responds to weight of meny bet.
Thus, if your system produces the winning figures as quoted above, and you allow many people to make use of your selections, there is a strong chance that weight of money will force prices down to a level where you no longer make money.
Additionally bookies will close down winning accounts / bar you from the shop etc.
Are the selecta 7 returns quoted to s/p or best price?
The difference between the two can be the difference between profit and loss. Also, consistently getting best price is nearly impossible.
So, if your method returns 1 winner n three bets, average odds must be approx 3/1 or better to win.
the horse race market largely responds to weight of meny bet.
Thus, if your system produces the winning figures as quoted above, and you allow many people to make use of your selections, there is a strong chance that weight of money will force prices down to a level where you no longer make money.
Additionally bookies will close down winning accounts / bar you from the shop etc.
Are the selecta 7 returns quoted to s/p or best price?
The difference between the two can be the difference between profit and loss. Also, consistently getting best price is nearly impossible.
I have no idea whether Selecta7 works or not, but I can tell you that all arguments about not being able to put a bet on if you are a winner are completely finished.
Any of the betting exchanges can be used to get as good or better prices than the bookies, and they don't care if you win because you are beating other punters. Many bookies are on the sites laying odds on all the runners in every race, and you can do the same yourself if you have the skill. (Few do, I imagine).
As betting guru Geoff Harvey proves, there's never been a better time to work on systems for all sports betting. And it will get better as more mug punters migrate to the exchanges.
With some services you can trade a football match in the same way you trade futures. Like trading futures, I assume it takes time and experience. But if it ever really takes off and hits the mass market, free money beckons.
Any of the betting exchanges can be used to get as good or better prices than the bookies, and they don't care if you win because you are beating other punters. Many bookies are on the sites laying odds on all the runners in every race, and you can do the same yourself if you have the skill. (Few do, I imagine).
As betting guru Geoff Harvey proves, there's never been a better time to work on systems for all sports betting. And it will get better as more mug punters migrate to the exchanges.
With some services you can trade a football match in the same way you trade futures. Like trading futures, I assume it takes time and experience. But if it ever really takes off and hits the mass market, free money beckons.
www.betfair.co.uk is the biggest
Trader333
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Here is a link that will give you most of them:
http://www.racing-index.com/betting-exchanges.html
Does Selecta 7 work ? well maybe it does to a degree but I see that the adverts in the Mail on Sunday saying that last year they made £25K have disappeared.
This is since the results for 2002 dropped to a profit of only £6K on a starting bank of £20K and this does not include the costs to subscribe to their system. This included placing 157 bets at £600 a time meaning that your average return per bet was £38 or 6%
Strike Rate = 35%, Max consecutive losing bets = 9 which equates to a drop in the bank of £5.4K
In my view this whole system works by money management and not the system used for selcting horses.
We all know that money management is the key to success in any speculative activity and horse racing is no different. I do know of a couple of people who make their living from backing horses with an emphasis on money management. One of the guys only risks 2% of his bank on any selection and doubled his account with a drawdown of only 5% and did this quite easily.
All of them use betting exchanges to place bets now as you are anonymous and so the threat of having accounts shut down is nill. The exchanges make their money from commission on the bets placed because all they do is match one person betting with another. All they want is for you to place as many bets as possible and they couldnt care less who wins because they are not paying out. It is a very clever concept and a massive step forward for punters.
Paul
http://www.racing-index.com/betting-exchanges.html
Does Selecta 7 work ? well maybe it does to a degree but I see that the adverts in the Mail on Sunday saying that last year they made £25K have disappeared.
This is since the results for 2002 dropped to a profit of only £6K on a starting bank of £20K and this does not include the costs to subscribe to their system. This included placing 157 bets at £600 a time meaning that your average return per bet was £38 or 6%
Strike Rate = 35%, Max consecutive losing bets = 9 which equates to a drop in the bank of £5.4K
In my view this whole system works by money management and not the system used for selcting horses.
We all know that money management is the key to success in any speculative activity and horse racing is no different. I do know of a couple of people who make their living from backing horses with an emphasis on money management. One of the guys only risks 2% of his bank on any selection and doubled his account with a drawdown of only 5% and did this quite easily.
All of them use betting exchanges to place bets now as you are anonymous and so the threat of having accounts shut down is nill. The exchanges make their money from commission on the bets placed because all they do is match one person betting with another. All they want is for you to place as many bets as possible and they couldnt care less who wins because they are not paying out. It is a very clever concept and a massive step forward for punters.
Paul
Trader333
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Which means what exactly ?
Check this link for Selecta7
Paul
http://www.racing-systems.co.uk/cgi-bin/boardp/discussion.pl?forum=2&discussion=4051
Check this link for Selecta7
Paul
http://www.racing-systems.co.uk/cgi-bin/boardp/discussion.pl?forum=2&discussion=4051
