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Barney Curley: The Master of the Betting Coup

When you think of a dream list of professional gamblers, especially horse racing gamblers, you have to include one of the very best of them all: Barney Curley.

Early Days

Bernard Joseph Curley, known more familiarly as Barney Curley, was born in County Fermanagh, Ireland, in 1939. After finishing his boarding school education, and working in a factory to pay off his family’s debts (his father was an unlucky dog race gambler), Barney trained as a priest.

He gave up studying for the priesthood after four years and went through several jobs trying to find his niche. He was a bookie, a band manager, a pub manager, and a smuggler (he smuggled razor blades and tyres into the Irish Republic). He finally settled on professional gambling when he was in his 30’s. Horse race gambling has never been the same since.

One of Curley’s first successes took place at a small race course in Cork. He hired 40 “putters-on”, at a cost of £4,000, to place small bets on a horse named Little Tim in which he owned a share. The scheme was a success and Curley won £40,000. Not bad for his first attempt using this scheme.

Yellow Sam and the Single Phone Line

Curley was 36 years old when he made his first big coup betting on a horse named Yellow Sam. He entered Yellow Sam in a hurdle race for amateurs in one of Ireland’s oldest race courses at Bellewstown. It was a calculated risk because Curley knew the horse. He also knew Yellow Sam was capable of winning a race with a firm course, a good jockey, and not so good competition. This time, Curley set his putters-on to placing bets in 300 bookie shops.

One of the critical steps was an associate he hired to block the telephone box which was the only method of communication between the betting shops and the race course bookies. The scheme cost him £15,300 and he won more than £300,000. That was in 1975. Today, those winnings would be worth £2.5 million! Of his win, Curley said “…[Some say] ‘Oh, you can’t beat the bookies.’ Mostly that’s true. But I proved that you can”.

Today’s modern communication technology would prevent Curley’s scheme from achieving success. But Curley was not through designing tricks to beat the bookies. A young man named Martin Parsons determined that the betting shops do not watch out for multiple bets by a punter who bets on the winner of more than one race. With this information, Curley planned his next coup.

The Coup to End All Coups

By now, Curley based his activities in Newmarket where he had about 50 horses he was training. For his new scheme, Curley had to match four horses to four races in one day in which they had good odds of winning. He had to carry out his plans in complete secrecy because the bookies were on the look-out for any bets having to do with horses from his stable.

He worked with a man named Jack Lynch to hire 30 putters-on. This time, they used foldable bikes and mobile phones (untraceable of course) to place bets in as many betting shops as they could on that one day. It was a huge undertaking that required the putters-on to look nonchalant and disinterested in each betting shop so they would not arouse unwanted attention.

When Curley made the final selections, it was the horses Agapanthus at Brighton; Savaronola and Sommersturm, each running in successive races at Wolverhampton; and Jeu De Roseau at Towcester. Only Savaronola had ever won a race in Britain and he came up lame two days before the race. But Curley went ahead with his plan anyway.

Curley’s putters-on this time laid down bets totaling £100,000 on various multiples and in small amounts to avoid detection. They made treble bets on three of the four horses, in different combinations. They also placed bets known as Yankees, a multiple bet on four horses which require at least two horses to win in order for Curley to win any money at all.

Sommerstorm was the only horse to lose, coming in sixth place. Just the same, Curley’s scheme netted him £3.9 million. If Sommerstorm had won, the payout would have been £15 million.

Retirement – sort of…

Barney retired from training in 2013. He said at that time that no organized gambling coup would take place for the rest of the century. Good thing no one bet on his prediction because on January 22, 2014, Curley organized another coup that cost bookies £2 million.

 

It may not be possible for the average punter to match the feats of the legendary Barney Curley, but you can get one over on the bookies and take £500 per month off them risk-free using Profit Accumulator. Grab it whilst you can! 

 

Betting Gods January 2016 Update

We take a look here at the performance in January 2016 of Betting Gods, a tipster platform that provides tipping services across a range of sports including horse racing, tennis, greyhounds and football.

There are 14-day free trials offered for all of their services, with no payment details required, which is a great way of seeing if you like the services and want to join for a longer period.

 

Here is a full table of Betting Gods’ tipsters results for January 2016:

 

Tipster Name Overall Strike Rate Overall ROI Winning months in 2015 Profit/loss Jan 2016 Joining Terms
High Rollers Betting 25% 13% 4 out of 6 +109 points Free 14 day trial
Big Race Bookie Busters 29% 25% 8 out of 12 +58 points Free 14 day trial
Premier Greyhound Tips 27% 11% 10 out of 12 +48 points Free 14 day trial
Value Racing Tips 22% 16% 9 out of 12 +45 points Free 14 day trial
Tom Nelson Racing 35% 8% 10 out of 12 +26 points Free 14 day trial
Max Racing Tips 34% 17% 5 out of 7 +26 points Free 14 day trial
Cudworth’s Racing Lays 81% 6% 3 out of 4 +15 points Free 14 day trial
Each Way King 37% 28% 4 out of 6 +14 points Free 14 day trial
The Sports Guru 47% 5% 4 out of 6 -2 points Free 14 day trial
Master Racing Tipster 31% 39% 11 out of 12 -6 points Free 14 day trial
Quentin Franks Racing 25% 19% 10 out of 12 -11 points Free 14 day trial
GU Racing 33% 16% 1 out of 3 -19 points Free 14 day trial

 

As you can see, it has been a great month for High Rollers Betting, who smashed in over 100 points profit over the course of the month – outstanding stuff.

Big Race Bookie Busters also made a welcome return to form with 58 points of profit accumulated in a stellar month for them.

Premier Greyhound Tips notched up another profitable month to make it 11 out of the last 13 – an enviable level of consistency.

It was also a very strong month for Value Racing Tips, who racked up an excellent 45 points of profit to underline their record as one of the top tipsters out there. 

Let’s hope for more excellence from the Betting Gods tipsters in February – and beyond!

 

Bet Angel

Bet Angel Review

Bet Angel is a trading tool for trading markets on Betfair and here we take a look at some of its features and how it may help you.

What is Bet Angel?

Bet Angel claims to be the first piece of software that brought a whole range of features from the stockmarket to the Betfair markets. This included tools such as technical indicators, fill or kill orders, charting, ladders, trading via multiple screens and many other key aspects.

It apparently now accounts for over a billion pounds worth of bets traded, so makes up a significant portion of the market on Betfair. If you are a trader, having a piece of software like Bet Angel is pretty much obligatory.

Is it any good?

Bet Angel is a great tool for trading the markets on Betfair and has all the tools you could possibly need. If you are thinking of becoming a trader, then you will be at a significant disadvantage if you don’t have software like this. 

In fact, we would say it is almost impossible to be successful without something like Bet Angel.

Overall Rating:

 

Bet Angel Features

Here are some of the main features that come with the Bet Angel software:

 

Guardian Watch List

Nothing to do with the Guardian newspaper or website, this is in fact a means to view a number of different markets at one time. Just select the markets you want and they will form a list on your screen like the picture below. 

Guardian Watch List

Useful if you want to be able to see a number of different markets without having to switch between tabs on your browser all the time.

 

Automation

Bet Angel Advanced Automation

These days concepts such as “bots” are fairly familiar to all users of betting exchanges and Bet Angel allows you to automate your bets in a bot-like fashion. 

For example you can set up the software to back every favourite if their odds are above a certain level, automatically “lay the draw” and then trade out at half-time, or set it up to any number of things you choose.

So you can usefully do all manner of other things whilst Bet Angel works for you in the background.

 

Soccer Mystic

Soccer Mystic

One of the more interesting tools on Bet Angel is Soccer Mystic. This is nothing to do with Mystic Meg (whatever happened to her?) but is actually a tool for finding out what will happen in a particular soccer market if a certain event happens in a game.

So for example you may want to know what would happen to the draw price if the home side scored first, or what would happen to the underdog’s price if they went behind after 20 minutes.

Soccer Mystic uses data from thousands of past matches to calculate all this and tell what should happen to the prices at any time during a match.

Of course, you cannot always be sure the market will react in the exact way that Bet Angel predicts – sometimes one team may be dominating and the market won’t react as much as predicted to them going a goal behind.

But all things considered it gives you a very useful guide to what can happen to the markets during a match.

 

Tennis Trader

 

Very similar to Soccer Mystic but for the tennis markets is Tennis Trader. The tennis markets are some of the most highly traded markets in the world and there is usually excellent liquidity on any major men’s or women’s match.

So in the same way as with Soccer Mystic, you can see what should happen to the odds if a certain event happens in a match. You can see what will happen if the underdog wins the first set for example, or if the underdog breaks serve early on.

The same proviso goes with Soccer Mystic in that markets are inherently unpredictable and sometimes odds will move quite a bit differently to how you would expect, but this gives you the best estimate based on masses of past data on how they should move, allowing you to plan your trading.

 

Charting

Bet Angel Charting

Those familiar with technical analysis on the stock market will know all the terms like MACD, SAR, relative strength and so on, which are provided as part of the Bet Angel package. Whether it can make you money is up to how you use the information of course!

 

How much does it cost?

There are a number of different packages available if you want to trade Bet Angel, from just 99p for 1 day’s use, to £29.99 for a month, £39.99 for two months, £59.99 for three months, £99.99 for six months and £149.99 for a year. 

Click here to sign up and try it out.

There is also a more limited free version you can try called Bet Angel Basic – see more below.

 

Bet Angel Basic – The Free Version

If you fancy getting a feel for what Bet Angel is all about before taking the plunge and paying for the main software, you can try out the free version, called Bet Angel Basic.

It features one-click betting, momentum trading updates and a greening up option that allows you to equalise your profit across all selections before a race has even started – if you are clever (or lucky) enough to have traded it that well of course!

 

 

man celebrating win on phone

Cash Out Betting – Don’t Get Caught Out

Cash Out Betting has become increasingly popular in recent times, with not just Betfair offering it as an option for in-play punters but now many bookmakers as well.

Bet365, Paddy Power, Coral and Bet Victor are among the bookies that now offer the cash out option should you want to close out your position prior to a match concluding.

However, whilst on the surface this seems like they are doing a favour to us punters, as ever with the bookies, there is a nasty catch…

Cash Out – How it started

Do you Cash Out?

Cash out originated on Betfair a few years ago to assist the many thousands of traders who regularly used Betfair’s interface to back and lay selections in running. Rather than having to calculate their position manually and be thrown into a bit of a blind panic if they wanted to get out of a position quickly, the cash out button automatically worked out not only the amount required to close out a position but the best way to do it.

Thus you had a beautifully simple way to trade out with just one click of a mouse and all the headache of calculating odds and stakes removed. Or perhaps you just wanted to take a profit on a match because you didn’t want to sit through an agonising last 20 minutes whilst your side clung on to a 1-0 lead. Either way it was a great enhancement to in-play sports trading.

Some of those who had bots or other means to trade out their positions complained that the introduction of the cash out button removed their advantage over other bettors, but Betfair’s goal is of course to provide as high quality a service as possible and stay ahead of its competition and with the cash out option, it had very much managed to do this.

 

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Don’t Get Caught Out

Used properly then, Betfair’s cash out button can be very useful tool for both bettors and traders. Anyone who has got caught out by not being able to trade out their position before another goal is scored will see it as a godsend.

Dont get Caught Out Cashing out

However, there is the potential to get caught out with Betfair’s cash out. Just after a goal has been scored, the market will be resettling. The cash out button will automatically work out your liabilities to trade out your original bet.

However, in those first few seconds whilst the market resettles, the odds can often be completely skewed and the liquidity poor. Thus you will get quite poor value for your cash out and what should be a winning position can actually be turned into a losing one by the cash out option.

So make sure you wait a few additional seconds until the market has settled. Check the back and lay sides of the market are close together in terms of odds and there is good liquidity in the market as a whole.

This will make sure you don’t get caught out by accepting a worse return than you are entitled to. After a certain amount of trades you will also come to learn what kind of a profit or loss is incurred after a goal is scored so should have an idea what is acceptable.

 

The Bookies Join the Party – But They Aren’t Your Friend

 

As ever, the bookies didn’t want to get left out of Betfair’s punter-friendly innovation so decided to add their own “cash out” option to their websites.

However, whilst this offered punters the chance to close out their bets before an event concluded, it did not offer quite the same value as Betfair’s cash out option.

The bookies make money by operating what is called an “overround.” This means if there was an event with 2 possible outcomes and a 50/50 chance of either happening, like the toss of a coin, the bookies should offer you even money about either heads ot tails. But they don’t – they offer you 10/11, or if they are really stingy, then 5/6.

So if you kept betting with them at those odds ad infinitum, you would be mathematically guaranteed to lose.

It may seem harsh, but the bookies would respond they need to do this to stay in business or there would be no point in them operating.

Now the percentage that events are in the bookies’ favour is called the overround. In most events the bookies will have at least 10% overround but in some events it can be as much as 20% and for in-running events it can be truly atrocious – I have seen 50% in the bookies favour on some occasions – an absolute insult to us punters.

 

 

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The Sting In the Tail

 

This is where the sting in the tail comes. When the bookies offer you that cash out option, it has a juicy percentage of overround calculated into it.

It is not like Betfair, who will automatically offer you the very best deal they possibly can. The bookies will take their slice of the pie and then some. This is cloaked under the attractive disguise of a “cash out” button and looks great when you see it can mean a nice profit before a game has even finished.

But don’t be fooled – they are probably already operating at a poor overround (from the punter’s point of view) as it is in-running.

And they will make the cash out favours them and not you. What you are better off doing – presuming you have the time and things set up ready for this – is to calculate your position and trade out the necessary amount on Betfair. You will almost certainly get better value.

You may well have given up a 10% edge in backing with the bookies in the first place but you will probably be giving up another 10-20% with your cash out option, so in total may be giving 30% to the bookies!

Something to think about the next time you consider hitting that “cash out” button…

 

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Famous Betting Coups: The Imposter Horse

Everyone who goes to the track has dreams of winning big. They want their horse to take first place and the odds be high enough that they walk away rich.

In the past, dreaming of a big win hasn’t been enough for some. These people have actively tried to skew the odds in their favour through a coup. Some coups are out and out illegal while others are legal even if they are on shaky moral ground.

Once uncovered, these coups quickly gain legendary status because people seem enthralled by these men who play such a high stakes game between right and wrong to win big. Here’s a famous betting coup that falls in the illegal category.

Gay Future, an Imposter Horse

This is the story about a horse called Gay Future and how it was the centre of a huge betting sting in the 1970s. 

The Players

Tony Murphy was an Irish millionaire who made his money from construction. He worked closely with Antony Collins who trained the horse in question, called Gay Future. Tony Murphy was considered the leader of the group that numbered five people and later came to be called the Cork Syndicate or the Cork Mafia.

Over the period of a year, Murphy carefully planned what should have been the perfect betting coup and might have been if not for some small mistakes. Gay Future was born and raised at the stables of Edward O’Grady.

Ahead of the Big Race

Over the course of a year, these two men had sent an inferior horse to races in Scotland to ensure Gay Future would appear to be a long shot. This helped to establish reviews of Gay Future as a poor performer and raise the odds of him winning.

Both horses were chestnut colored and shared similar marking. You have to remember that this was the 1970s, and there weren’t a lot of circulating photos of the horses. On race day at Cartmel, the odds of Gay Future winning were 10/1.

Race Day

On race day in August of 1974, these men used soap to make it appear that the horse was sweating up and keep betters uninterested in the horse. They bet on Gay Future as part of a double or triple ticket with Opera Cloak and Anderwyke who were later withdrawn from the race, making it a single bet as per the custom of the time.

Murphy had six friends circling throughout the United Kingdom, making small bets of around £5, £10 and £20. These were small enough not to arouse suspicion. Since all of the bets were made off site, the bookies that determined the odds – i.e. at the track – didn’t notice the flutter of activity around Gay Future.

Suspicions Aroused

The trainers claimed the reason for Opera Cloak and Anderwyke removal from the race was that their horse trailer had broken down on the side of the road. This was one of the first things to unravel when a reporter called the horses’ home stables to find that the horse had been at the stable all day long. The reporter’s curiosity had been roused when news of the big winnings for Gay Future turned out to be linked to bets with these two horses.

Viewers at the racetrack were shocked when Gay Future won the race by 15 lengths. His reviews in past races had made this seem almost impossible. Of course, the viewers didn’t know that they were watching a different horse race than the one who had been reviewed.

Initially, the coup worked and the men collected an equivalent of $3 million in today’s money although some bookies refused to pay out when they learned of the scam. Eventually, Murphy and Collins were brought up on charges of trying to defraud the betting establishments. Both men were fined and banned from racing in Britain for a period of 10 years – although some might say they were lucky they weren’t convicted of attempted fraud. Just goes to show the fine line between a clever legal betting coup and stepping over that line into the unlawful.

 

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Betting Exchanges Compared

Betting exchanges differ from traditional bookmakers in allowing punters to bet against each other and bet on horses, players or teams to lose.

They generally have better odds than the bookmakers but charge commission to punters of up to 5%,

Here we look at the primary betting exchanges and the key points regarding each of them.

 

Betfair

 

  • Commission Rate: 5% (decreases depending on how much you bet)
  • Free Bet: £0 (although a £30 free bet is available at the Betfair Sportsbook)

Betfair is the original – and biggest – exchange. Liquidity is superb and the range of markets offered is unparalleled. If you are a high roller or regular bettor, then it is probably the one to use as your commission rate will drop and you are always ensured of the best liquidity.

Betdaq

 

  • Commission Rate: 5% (decreases depending on how much you bet)
  • Free Bet: £25

The second exchange in terms of age and size, Betdaq’s liquidity isn’t quite as good as Betfair’s but can be better on Asian Handicap markets on football sometimes. They have better introductory offers than Betfair (who actually have none!) with a £25 free bet and 2% commission on all bet offers. 

Smarkets

 

  • Commission Rate: 2% 
  • Free Bet: £10

The new kid on the block, Smarkets is making waves in the exchange world by offering a flat 2% commission rate, which it promises will remain in place forever (let’s hope so!). Liquidity is pretty good on main markets like football and if it can improve on more niche markets then could become a major challenger to Betfair. One to watch.  

Matchbook

 

  • Commission Rate: 1% on winning and losing bets 
  • Free Bet: £20

Matchbook offers a slightly different commission model with 1% charged on both winning losing bets, where as the others only charge commission on winning bets. So how that affects returns will vary from punter to punter, but essentially will have most impact on those who lose a lot. 

Ladbrokes Exchange

 

  • Commission Rate: 5% (decreases depending on how much you bet)
  • Free Bet: £25

The first of the bookmakers to open its own exchange, the Ladbrokes Exchange offers a similar commission structure to rivals Betfair and Betdaq, with good liquidity on the main markets. There is also a £25 free bet to take advantage of.

 

History of Betting Exchanges

For over a century, anyone wanting to place a bet had to go to a bookmaker – a person or company who set odds and take their wager, paying them out at the agreed odds should the selection win.
 
But in around the year 2000, everything changed. A new player arrived on the scene – what would today probably be called a “disruptive” website. 
 
The website in question was called Betfair and it allowed punters to bet not against a bookmaker, but against each other. Suddenly you could set the odds yourself, bet on horses or teams to lose (called laying) and never had to worry about your account being closed or your stakes limited in you won lots of money, as was inevitable with the bookmakers.
 
Other players followed into the market soon after and there are now a number of betting exchanges to choose from. The exchanges make their money by charging commission on players’ winnings (or bets in the case of Matchbook) at up to 5%.
 
The exchanges have proved highly popular with punters and now make up a large portion of the betting market.
 
There have been controversies as well, not least the introduction of premium charges by Betfair and scandals involving fixing horse races and football matches using exchanges as a medium to place the bets through. 
 
But even with these difficulties, the betting exchanges are here to stay as part of the gambling world and we have seen bookmakers start to open their own exchanges to try and get a piece of the action. 
pro betting club logo

Pro Betting Club Review

We take a look here at the Pro Betting Club, a website offering a variety of tipsters and betting systems that you can subscribe to.

They are a team of professional gambling experts who offer you the chance to benefit from their tips and make a tax-free second income. All their results are provided on the website for transparency and are recorded at Betfair SP with 5% commission included.

Their main services are as follows:

 

Win Form Pro

 

During our three month trial of Win Form Pro they amassed 56 points of profit at an amazing return on investment of 42%. It got a firm thumbs up from us and has performed well since our trial ended. 

Quite remarkably, Win Form Pro has only had three losing months since it started tipping three years ago. That has been achieved with an impressive strike rate of 40%.

The service is quite unusual in that it advises backing selections only if they are below 3 at Betfair SP. In order to make sure you only back the right selections, it is best to use a bot to automate things. The one recommended by the Pro Betting Club is Bet Engine but you can use a bot of your choice.

Win Form Pro has been a very consistent service and comes recommended from us.

 

Strand Each Way

 

The second of the Pro Betting Club’s services that we have reviewed, Stand Each Way is (unsurprisingly) a tipster that focuses on each way selections and has been tipping since the beginning of 2015 and in its first year made 191 points profit.

That has been achieved with a strike rate of 40% and 10 winning months out of 12

Strand Each Way uses a selective approach to coming up with its bets, using a set of filters to narrow down selections. Bets are provided via a log in to the website at around 1pm each day. All bets can simply be backed at Betfair SP and then forgotten about.

 

Galileo Racing

 

Galileo Racing is a professional racing tipster that provides selections which are a mix of value tips and short-priced horses. 

They averaged a 25% return on investment in their first year of tipping with a strike rate of 30% and 9 of their first 10 months were profitable. Between 1 and 4 tips are provided on average per day. 

We have not reviewed Galileo Racing yet but if their promising form continues, it may be one to consider for the future.

 

CK Rating

 

This is a backing service from the Pro Betting Club providing between 1 and 4 tips per day. They only started tipping in May 2015 but made over 200 points profit in that time. That was achieved with a strike rate of 40% and five winning months out of eight.

 

Target Tips

 

A straightforward horse racing advisory service, Target Tips began tipping in March 2015 and made sixty points profit in its first year, with six winning months out of ten and a strike rate of 41%

Selections are often favourites, so there is a good deal of liquidity in the markets and there shouldn’t be a problem getting bets matched. The average odds of selections is 3.49. 

 

Services Currently Full 

The Pro Betting Club also has services that are currently full in terms of membership so cannot be joined at this time. They include:

  • Sequence Lays
  • Premium Naps
  • The Lay Analyst

It is reassuring to know that they have membership limits for successful services, as it means prices will be protected for members. Sometimes tipsters become oversubscribed and then become impractical to follow because prices are pushed in too much. That shouldn’t be the case here.

You may even find some of their tipsters on our best horse racing tipsters list, so don’t forget to check that out!

 

 

 

Famous Betting Coups: Yellow Sam and the Single Phone Line

When you go to the track or visit a casino, you dream of winning big. You’re sure that there is that one lucky number or horse that will change your luck. Throughout time, there have been people who made their own luck through famous betting coups. There’s almost something romantic about these players who went around the system to try and win big. In some cases, they won big and in others, they found themselves in hot water. Here’s how one of these famous betting coups went down.

 

“Yellow Sam” and the Players

In 1970s, Barney Curley was a professional gambler with an idea of a way to win big. Curley’s father had practically bankrupted the family with his gambling on dogs. It took two years for Barney and his dad working night and day to pay off the debts. Afterwards, Barney found his own niche in gambling on horses. Unlike his father, the younger Curley found a livelihood from gambling but wanted more. He bought a horse named Yellow Sam.

Liam Brennan was the trainer of Yellow Sam employed by Curley. It was his responsibility to train the horse and determine the best races for the horse to participate in. Benny O’Hanlon was a close personal friend of Curley’s and played an important part in the coup.

 

The Coup

Curley instructed Brennan to run Yellow Sam in races and conditions, where they knew he wouldn’t do well. It was their hope to get the horse a lighter handicap in the Bellewstown summer festival. It was always Curley’s goal for the horse to win at the National Hunt race at Bellewstown, where amateur jockeys rode the horses. It worked.

On the day of the race, Yellow Sam’s odds were 20/1. Of course, large bets favoring Yellow Sam to win would quickly lower those odds, which is why Curley had many of his friends ready to place bets at various betting establishments around the country. Each of the friends had between 50 and 300 British pounds to bet and an envelope with instructions. Curley called a handful of them and instructed them to each call additional betters to open the envelopes before handing the phone over to O’Hanlon.

 

The Single Phone Line

The National Hunt race at Bellewstown was unique because the venue had only a single public phone line, and there were not any private lines. O’Hanlon claimed to need to get ahold of a sick aunt. By keeping the phone occupied, the men kept the racetrack from learning about the bets being made around the country and kept the odds at 20/1. It was the bookies at the racetrack with information from outside sources that set the odds. By keeping the phone line tied up, the bookies had no way of knowing about the large number of bets favoring Yellow Sam to win.

 

The Race

During the race, Curley hid in some bushes to watch the race and keep the bookies from realizing he was there and raising questions. After winning the race by two and a half lengths, bookies from around the country had to pay out the winnings. Rumor has it that many of the bets were paid with single notes and that it took more than 100 bags to hold all of the winnings. He won more than £300,000 – which is about £1.5 million in today’s money.

At the time of the coup, there was nothing illegal about what the participants had done. In the following years, a rule was established that bets over £100 had to be made at least half an hour before the start of the race. Curley opened his own stables with the winnings and made a few more coups throughout the years.

 

Fancy making a few hundred quid per month risk-free? Then check out our review of Profit Accumulator to see how it can be done. 

Mike-Cruickshank image

Mike Cruickshank Profile

Today we take a look at Mike Cruickshank, the man behind some of the very best betting systems we have come across during our time operating Honest Betting Reviews.

In fact, the genius of Mike’s systems is that they are generally not “betting” systems as such, but systems for making money risk-free or with very low risk using a combination of the bookmakers and the exchanges such as Betfair.

Here we have a look at the man behind the method, the systems he has devised, their advantages and disadvantages and how you can learn from the man himself.

 

Who is Mike Cruickshank?

Mike was apparently working in a minimum wage job as a lad when he first became interested in betting. He started looking into free bets and discovered the concept of “matched betting” – the idea of using the bookies’ free bets to make money risk-free.

From there he slowly built things up, making a few hundred quid per month, which represented very handy extra income and inspired him to research risk-free systems further.

After a great deal of hard work, Mike developed a portfolio of systems that made considerably more cash than he was earning in his day job and allowed him to go full time as a “matched bettor”. From there he has never looked back.

And he graduated from using the systems himself to selling them to the public in very thoroughly-designed system packages.

Mike is renowned for first class customer service and has built a well-earned reputation as one of the top developers of betting products out there. Now we look at his products one-by-one.

 

MIKE’S PRODUCTS

 

1. Profit Maximiser

Profit Maximiser

Profit Maximiser is the product of Mike’s we have given the highest rating to, giving it a full five stars. It is basically a fully-blown system for making the most of all forms of free bets and bonuses – from not only the bookies, but also online casinos, bingo sites and spread betting sites. The great thing about the product is that it allows you to make money not just from the introductory offers for opening new accounts with betting sites, but the ongoing offers as well.

So you can pocket a nice tidy sum of money from opening lots of new accounts, but then when that is done you can still make at least £200-£300 per month on an ongoing basis. You do have to take steps to ensure your bookie accounts remain open though – but the good news is Mike provides a full video explaining how to do that.

Over the course of our review Profit Maximiser made over £1,732 from the introductory offers and £737 from the ongoing offers. Not bad going for a payment of just £97!

 

2. Accumulator Generator

Accumulator Generator

Accumulator Generator is the newest of Mike’s products and is based around the accumulator offers that a large number of bookies provide these days. Basically in these offers, if one leg of your accumulator goes wrong, the bookies will refund your stake as a free bet. So Mike has designed a simple method for making a risk-free profit from these accumulator offers.

He has created pretty amazing software that brings together all of these offers and allows you to select each offer you want to play with a respective bookie, then plan each leg of the accumulator, how much you need to stake and how much you will win.

As we point out in our review, you should make around £10 out of each offer, which is pretty decent as there are over 20 bookies with these acca offers so there are loads of offers to choose from.

This is another very good product from Mike Cruickshank and one we thoroughly recommend.

 

3. Bonus Bagging

Bonus Bagging

Bonus Bagging was the original Mike Cruickshank product and is a kind of mini version of Profit Maximiser.

It does the same thing as Profit Maximiser in terms of making risk-free profit from the bookies’ offers, but focuses mainly on the introductory offers rather than the ongoing ones (although there are some ongoing offers included) and includes just the bookmakers rather than the casino and bingo sites.

The product made a nice £572 during our review from a payment of just £27 and is a welcome addition to any portfolio of betting products. The original “matched betting” product.

 

4. Each Way Sniper

Each Way Sniper

Another of Mike’s products is Each Way Sniper, a tool that helps you identify value selections in the each-way market, so that you can back them with the bookies and lay on betfair for a guaranteed profit. 

It doesn’t produce selections every day and on days where there are selections, you are normally talking about just one or two races. 

But there can be some good opportunities to make money from these selections when they do crop up. This is a sound system for adding some extra cash to your kitty. 

Check out our review of Each Way Sniper here.

 

5. Bookie Blowout

Bookie Blowout

Unique amongst Mike’s products is Bookie Blowout, in that it is the only one that doesn’t guarantee you profit. It is more of a trading system that identifies horses that are likely to steam (reduce in price) from the evening before racing to the morning of racing.

There are a large number of selections each day and you have to be at your PC in the evening to get the bets on quickly because the prices disappear fast in many cases. 

It has shown remarkable consistency during our trial however and is pretty accurate in predicting which horses will be steamers.

 

6. Arbitrage Software

Mike also has arbitrage software that you can purchase for identifying arbitrage opportunities. As is well known with arbing however, the bookies also have systems for monitoring arbing and there is a major risk of account closures or limitations if you follow this route.

 

Are there any disadvantages to using Mike’s systems?

The only thing you have to be aware of when using Mike’s systems is that the bookies may limit your accounts if you are just using free bets and bonuses and not placing any other bets.

There are steps to avoid this however, so if you are careful and place a good number of “mug bets” then it is possible to keep your accounts open. There are full instructions for how to do this in a video Mike has made for Profit Maximiser.

Equally if you are using Each Way Sniper and Bookie Blowout, the bookies may well become aware that you are exploiting the best odds to create profits, so it best to spread your bets around and don’t overdo it.

As long as you are careful though, you can make a very nice steady second income from Mike’s products and we are happy to say these are some of the best betting products on the market. They are some of the few products we can say that actually work!

Good luck if you do have a go with any of Mike’s products and please let us know how you get on.

 

 

 

Heinz Bet

Learning to bet on horse races and professional sports is exhilarating. Let’s face it though; it can be tough. There’s so much to learn to make good decisions and win big. As you get the basics down and win a couple of bets, you’ll want to learn more.

At Honest Betting Reviews, we want to help you develop your skills at betting and deepen your knowledge of the different kinds of bets there are. For that reason, we’re doing a series on the ins and outs of different types of bets.

One of the bets you might have heard about during your time at the track or other locations is the Heinz bet. Here’s everything you need to know to make a Heinz bet with confidence.

What is a Heinz Bet?

Here is how a Heinz Bet is comprised:

  • 15 doubles
  • 20 trebles
  • 15 four folds
  • 6 five folds
  • 1 six-fold accumulator.

The name of the heinz bet comes from the famous product, Heinz 57 sauce. As you might now suspect, this bet is actually 57 individual bets that cover six selections. These six selections can be either horse races or a sporting event of some sort.

This bet consists of 15 doubles bets, 20 trebles, 15 four folds, 6 five folds and 1 six-fold accumulator. A doubles bet is where you bet on the winner of two races or matches. Since you’re betting on six races or games, 15 doubles covers all the possibilities. It’s the same for the treble bets and the fold bets. In order to win the six-fold accumulator, all your picks must win.

In order to win any money, you must have a least two winners. Of course, you want them all to win and make the most money available. The heinz bet is considered a full coverage bet that covers all the possible outcomes with your choice of winners winning.

An Example of a Heinz Bet

With the Heinz bet, you’re betting on six different races or sporting events each with a winner. The more winners that you choose, the more money you win. However, not all of your winners will offer the same odds of winning. For our purposes, we’re going to say that they all had 10/1 odds.

For our imaginary bet, we’re going to bet on the horses. We don’t want to go broke on the initial bets, so we’re going to bet £1 per bet for a total of £57.

With this bet, you need at least two of your horses to win to make any money back.

If only two of your horses win, you get a payout of £121 with £64 of that as profit. Okay, well how about if four of the horses win? If four of your horses win, the payout is £20,691 with a £20,634 profit. Now, it’s time to dream huge. If all six horses win, you can get a payout of £2,985,917 with a profit of £2,985,860.

If luck is with you, the heinz bet can pay off a lot of money.

A Heinz Calculator

Of course, you’re probably not going to make a heinz bet where all the horses that you choose are favored at 10/1 odds. A heinz bet calculator can help you spend some time seeing the types of payouts available and the way your selection of horses affect the final profit.

It’s a good idea to do your research on the horses or sporting teams before actually making a heinz bet. This will help you determine their odds of winning and the circumstances needed to win. In some cases, you might find a team that only wins at their home stadium. All of this information will help you make a decision for your bet.

 

Fancy making up to £1,000 per month completely risk free? Well check out our full review of Profit Accumulator to find out how.