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The Importance of Strike Rate in Betting Systems

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Strike rate refers to the rate at which a system or tipster wins. For example, if a tipster has 100 selections, 45 of which were winners, then that tipster would have a 45% strike rate.

There is no doubt that strike rate is one of the most important elements of a tipster or betting system. If a tipster has a high strike rate, it means they can grow a bank more quickly than one with a low strike rate, even if they both have the same return on investment.

This can be illustrated with an example:

Imagine one system that has a 50% strike rate – let’s call it system A and another one that has a 10% strike rate – let’s call it system B.

To be on the safe side, for system A you would probably want a 25 point bank, which would be 2.5 times the longest expected losing run of 10.

For the system B however, you would probably need a 165 point bank, which is 2.5 times the longest expected losing run of 66.

So imagine that you have £1,000 that you want to invest in a betting system.

For system A, you would divide the bank by 25 to give you £40 per point that you would bet.

For system B, you would divide the bank by 165 to give you £6 per point that you would bet.

Now let’s say each system has a return on investment of 20% and has 100 bets per month.

For system A, it would take you just over a month to double the bank.

For system B however, it would take you over 8 months to double the bank.

This is shown in the example below:

System A

System B

ROI:

20%

20%

Strike rate:

50%

50%

Bet Volume:

100/month

100/month

Time to double bank:

1.25 months

8.3 months

Bank after 1 year:

£10,600

£2,440

 

So as you can see, after a year system A is up to over £10,000 where as system B is only on £2,440.

This illustrates that importance of strike rate to tipsters and betting systems.

It is also easier to cope when you have a high strike rate as it means more winning bets and shorter losing runs. Systems with low strike rates mean long losing runs and great patience is required to handle them. More often than not you will see people giving up when a long losing run is hit.

So I hope from this article you have seen the importance of strike rate and how crucial it is to take into account when considering a tipster or betting system.

 

race horses sprinting around corner

How to Make Money on the Horses

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Whilst everybody likes a flutter on the horses, nobody likes to lose their hard-earned money to the bookies. Now imagine if you could increase your chances of picking the right horses and make money on the horses? Sound too good to be true? Well it’s not. Horse betting systems have been around for as long as people have been betting on horses – and the best betting systems can definitely help increase your chances of winning. The trick however is knowing which system to pick or avoid by receiving the best horsing racing tips today!

What Are Horse Betting Systems?

Most people – whether they realise it or not – use a system of sorts when making a bet on the horses. Whether you choose a horse name that reminds you of your wife’s stunning looks or your son’s cheeky charm, you are using a criteria that helps you to select your horse. Horse betting systems, at their most basic, are just that – a systematic approach to choosing horses based on a set of criteria. Not only do they aim to reduce the odds of losing but most importantly raise the possibilities of winning. Through careful analysis and sophisticated systems of rules, horse betting systems promise to help you pick the winners. 

Do They Work?

It depends! There is no shortage of horse betting systems available. Unfortunately, many of these systems do not work. Often making outrageous claims regarding guaranteed success and promised profits, they can sadly leave you uncomfortably out of pocket. When they do work however, they can really make a difference. The Racings Professionals AW Service for example, offers an attractive 22% ROI and in 2014 alone, made a 244 points profits.  Whilst there are certainly rogue systems out there – there are also some real diamonds!

How to Choose the Best Systems?

So how can you sort the wheat from the chaff and select the best betting system for you? One way to avoid spending lots of money on subscriptions to services that don’t work is to consult a reputable and trustworthy betting system review site. Often, these sites will test out different betting systems, paying the subscription fee, placing bets on the received horse tips and reporting back on the results. To make sure the reviews are fair and balanced, look for a site that posts a mixture of reviews that are not only positive, but also negative and neutral.   

At Honest Betting Reviews, we can help you find a horse betting system that works. By thoroughly reviewing each betting service and showing those that make clear profits, we identify not only the diamonds on our passed systems list but also the scams.

 

sports betting live

Betting tips: Seize These Advantages

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Nothing beats the excitement of having a flutter, especially when you have leading edge information from those who understand soccer betting systems and horse racing betting tips. It’s even better when you can get free horse racing tips from those in the know. But how do you know the sites offering these tips are legit? Let’s find out

They Aren’t Afraid to Be Harsh

The key to separating the wheat from the chaff is to look for a lack of affiliation. Rather than searching for recommended systems online, search for an impartial review service that is thorough, honest, and occasionally scathing in their appraisals. Avoid those who only give glowing reviews, as they’re likely to be affiliated with or paid by the sites they’re reviewing.

They Love Gambling Too

Gambling is fun and those who are dedicated to reviewing, testing, and posting information are throwing just as much into it as you are. You can quickly check their point system to see how much money you would have lost if you’d parted with your cold hard cash. After all, why take the risk when somebody else has.

They’ve Tested Systems Over Time

Scams skew results, fake profits, and hide information to attract punters and their money. Trustworthy betting reviewers conduct tests over approximately three months and post detailed results of where they’ve won and lost. Objective analyses break down the pros and cons of each service and system tested, including financial costs, and time taken to place bets.

Clear Pass and Fail Marks

There’s too much good betting to be done, and too many systems and services, to waste your time digging for legitimate information. Only choose review sites that clearly group betting services as passed, failed, or neutral. Clear information of start and end bank totals should be available for each site reviewed, as should a clear profit or loss total. Recommended betting banks should also be posted, as well as the risk appetite you’ll need should you decide to use the reviewed system or service.

A List of Who’s Being Tested

If you think you’ve found a system or tipping service that’s too good to fail, check around some independent review sites first. The best will have a list of those services currently being trialled, and a link to their websites. This means you can put off paying for a new service until you know it’s tried and true. In the meantime, simply opt for a service that’s received favourable reviews. You can always check back on the one you’re curious about a little further down the track.