Welcome to the Honest Betting Reviews blog. Here you can find the latest updates on betting systems and tipsters currently under review as well as our tips on how to beat the bookies with the best winning betting systems we have profited from,
Mention Terry Ramsden to any premillennial, and they’ll know exactly who you’re talking about. Depending on which side of the opinion void you’re standing, he’ll either be considered famous or infamous as the rags to riches to rags story that reads more like soap opera than a real life story.
That, however, is what makes his story so fascinating. At some stage in our lives we all dream of becoming so wealthy that we need never worry about money ever again. However, we don’t include the possibilities of losing it all again in the way of Terry Ramsden, so spectacularly and so publicly too.
Early days
Ramsden started off working in the city as an insurance clerk, and he very quickly realised that he wasn’t ever going to make any real money working for someone else. At age 16, in 1968 breaking away into self-employment and making a profit of £25,000 in his debut month was undoubtedly the birthing pains of a wealthy genius.
While that was an incredible amount of money at the time, Ramsden really started to climb the ladder to incredible wealth in 1984 when he purchased Glen International, an Edinburgh-based company with what could be considered a measly turnover of £18,000. Within three very short years, he had increased that figure to £3.5 billion annually, catapulting him into the top of the nation’s rich lists.
It became clear that Terry Ramsden was a gambler right from the start. He had an excellent grip on probabilities and how they may play out. Using his exceptional knowledge of Japanese stocks he grew his wealth exponentially because of his unique understanding of the market.
He wasn’t shy about his money either, and he became known for his glamorous lifestyle and great spending habits. His vast collection of expensive cars, properties and racehorses became part of what today would be called his brand, that at one time included owning 30% of Chelsea football club and all of Walsall FC.
The trouble is that gamblers’ luck rises and drops and Terry Ramsden wasn’t expecting the massive drop that hit in 1987 when the stock markets crashed wiping billions off his massive portfolio. All of a sudden he was struggling to keep his very substantial securities portfolio afloat and his marriage to his wife Lisa had become only a piece of paperwork. The stories of him losing up to million pounds a day at the racetrack were evidently not exaggerated when it emerged that Glen International nosedived into a debt of £98 million. All in all, his personal losses at the racetrack amounted to an eye-watering £58 million. Not surprisingly, Ramsden fled to the United States.
Prosecution
Following the issue of an arrest warrant for fraud in September 1992, he was arrested and detained in Los Angeles prior to his extradition in February the following year. By March 1992 Ramsden suffered bankruptcy, mostly as the consequence of HMRC pursuing him for a tax debt of £21 million, followed hot on the heels of other creditors bringing his total debt in bankruptcy to close on a staggering £100 million.
Like most gamblers, fortune did shine on the face of Terry Ramsden when it all went to court, and he managed to secure a two-year suspended sentence when he confessed to offences directly related to inducing fresh investment into his empire. But that wasn’t the end of it…
Despite the requirements that meant that Ramsden was supposed to disclose his income and assets in full, he concealed a secret trust as well as the small matter of three million shares in the Silversword Corporation, a company based in Canada, which Ramsden had a controlling interest in.
Huge amounts in the thousands were paid out to third parties including his mother, who then passed the money on to him. It would appear that he also conveniently forgot to declare winning £77,000 in an accumulator on five horses and a dog in 1992.
Final Downfall
Ramsden’s game was up when he was imprisoned for twenty-one months and forced to pay £10,000 in prosecution costs after pleading guilty to three charges of breaching the Insolvency Act as a direct result of failing to declare all assets and income.
The attempt to recover his losses and rebuild his life to where it had once been was now clearly impossible. Despite a talent that would be nearly impossible to match, Terry Ramsden was brought down by his own greed, and inability to accept responsibility for his own bad decisions.
It is often not the skill in amassing the wealth that creates tragedies such as this, but rather the inability to manage the very personal way in which one directs the acquisition and management of that wealth. A lesson for all of us.
https://www.honestbettingreviews.com/wp-content/uploads/hbr-logo-new-300x145.png00Danhttps://www.honestbettingreviews.com/wp-content/uploads/hbr-logo-new-300x145.pngDan2017-05-13 13:50:562023-08-02 21:59:25Terry Ramsden – A Tragedy of Rags to Riches to Rags
Today we want to tell you about something that we honestly believe is the best opportunity we have ever come across for you to make a full-time living from betting systems.
It is a system we have tried and tested ourselves and can confirm is absolutely genuine.
What we are talking about is a step-by-step guide to making a significant income from betting systems – or more specifically – matched betting systems.
It is something that can take you from being a complete novice to becoming a full-time matched bettor, making £3,000 per month – or more.
It is calledProject Prosperityand it is run by the original Matched Betting Guru – Mike Cruickshank.
It is not easy – let us say up front that you will have to devote time and energy to learning how it works and perfecting the techniques.
If you do though, the rewards can be immense.
There are people out there who have made in excess of £100,000 from matched betting by perfecting the techniques Mike will show you on Project Prosperity.
1. A series of live webinars by Mike Cruickshank, showing you in person how to build a £20,000 bank and withdraw a monthly profit of £2,000 – £3,000.
2. Lifetime access to Mike’s Betting Mastermind – basically all 9 of Mike’s Matched Betting products in one package, saving you over £1,000 on the cost of joining all these separately.
This is the best betting package we have come across and it could genuinely change your life if you join it.
But we want to make a few things clear before you consider signing up:
– It is only for people who are serious about making it work. The fees are £97 + VAT up front, then three monthly payments of £197 + VAT – so not cheap! Please don’t sign up unless you really want to become a serious matched bettor and make a significant income from it.
– As we say above, you need to be prepared to put the time in to learn the systems – Mike will take you through it all step by step, but you do need that commitment.
– It will only work for people in the UK and Ireland – unfortunately this is because bonus offers from the bookies aren’t available in other countries.
Please note that this is limited to 1000 places for the project and they are filling up fast, so if you want to get on board then we suggest doing so quickly.
https://www.honestbettingreviews.com/wp-content/uploads/project-prosperity-pic.png235864Danhttps://www.honestbettingreviews.com/wp-content/uploads/hbr-logo-new-300x145.pngDan2017-05-09 17:01:532017-08-29 10:21:23Project Prosperity – Change your Life
Here at Honest Betting Reviews, we appreciate that some of you are experienced gamblers and know the betting world back to front.
For some of you who are newer to having a flutter however, we like to give you some help in understanding how things work and all the jargon that accompanies the betting industry. Today we have a look at how betting odds work.
Are you a little confused about how betting odds work? Perhaps you can’t quite get your head round the subtle differences between fractional and decimal odds. Maybe tote betting odds leave you out in the cold. And whatever is meant by money line odds, do I really need to know?
Here we explain in simple terms how they all work, so instead of worrying about betting odds you will be able to spend your time more lucratively picking winners.
Fractional betting odds
Traditionally, in the UK, betting odds have been, and frequently still are expressed as fractional odds. These are expressed in terms such as five to one (5/1); seven to two (7/2); and five to two (5/2). The first two of these are called ‘odds against’ bets, where the bookmaker will pay out a multiple of the stake. The third is an ‘odds on’ bet where the bookmaker will pay out a fraction of the stake. Even odds are 1/1 odds where the bookmaker will pay out exactly the same amount as the stake.
What is vitally important to remember with fractional odds is that you also get back your stake. So, if you place a winning bet of £10 at odds of 5/1, the bookmaker will pay you £50 (your winnings) plus £10 (your stake) giving you a total return of £60.
Similarly, a winning ‘odds on’ bet of £10 at 2/5 will return £4 (your winnings) plus £10 (your stake, a total return of £14.
Decimal odds have traditionally been used in continental Europe, Canada, Australia and New Zealand, however online betting has made them popular in the UK too. Many online bookmakers allow you to choose between decimal and fractional betting odds. A few years ago they were trialled at actual race meetings in the UK, but they proved unpopular with the punters.
The fundamental difference with decimal odds is that they already account for your stake being returned. Such odds are expressed in the format 5.20, 3.00, 1.98 and so on. Taking the first example, if you place a £10 winning bet at decimal odds of 5.20, your total return will be 5.20 multiplied by £10, which is £52.
Thus a decimal odds bet placed at 5.20 is the equivalent of a fractional odds bet of 4.2/1; a 3.00 decimal bet is the equivalent of 2/1; and a 1.98 is equivalent to 0.98/1.
To convert decimal odds to fractional odds, simply subtract 1 and convert to a fraction. Taking the first example of 5.20, subtract 1 (5.20 – 1 = 4.2) and convert 4.2 to a fraction (42/100 or 4.2/1).
To convert fractional odds to decimal odds, simply convert the fraction to a decimal and add 1. So, 6/4 fractional odds is equivalent to 6/4 + 1 = 10/4 = 5/2 = 2.25 in decimal odds.
If you can’t be bothered with doing the calculations yourself, just use an odds converter app on your phone.
Tote betting odds
Tote betting is an alternative betting system to the fixed betting system offered by the usual bookmakers. It is a pool betting system in which the winnings are paid out from a fund created by pooling all the money wagered on that particular type of bet at the event; generally a horse or greyhound race.
For instance, if a total of £10,000 is placed on win bets on a particular race then the pool is £10,000. Deductions are made from to pool to cover the expense of running the tote and of contributing to horse racing. Typically this is around 15%, leaving the pool with £10,000 – £1,500 = £8,500.
If a low odds favourite won, and say £3,000 had been staked on the winner, the pay-out would be £8,500 / £3,000 = £2.83 for each £1 staked. In other words, if your stake had been £10, your pay-out would be £28.30 which includes getting your take back. This is the equivalent of decimal betting odds of 2.83.
Taking another example: if an outsider won and only £400 had been staked on the winner, then the pay-out would be £8,500/400 = £25.25 for each £1 staked, which is equivalent to decimal betting odds of 25.25.
The main difference between tote and fixed odds betting is that you don’t know exactly what the odds are until after the race. While the odds are shown in decimal format on the betting screen, these are just an estimate of the final odds. In addition to betting on a win, you can also make place and each way bets.
Money line betting odds
Although rarely used in the UK, money line odds are the primary method used in the US. These simply state the actual amount you will win on a $100 winning bet, or alternatively the amount of money that must be staked in order to achieve a total pay-out of $100. In both cases your stake will be returned. In the former case the money line odds are stated using a positive number, while in the latter they are stated using a negative number, so:
Money line odds of +500 means that your winning would be $500 dollars on a winning bet of $100 which, is equivalent to fractional odds of 5/1
Money line odds of -500 mean that you would need to stake $500 for a chance of winning $100; equivalent to fractional odds of 1/5.
Finally
The important thing to remember is that:
With fractional odds and money line odds, the fact that your stake will also be returned is implicit. They are both a statement of your actual potential winnings. Your return will include your winnings plus your original stake.
Decimal odds already take account of the fact that your stake will be returned and are a statement of your potential total pay-out.
Be careful not to get them mixed up. Most online betting sites let you choose which to use, though it’s advisable to choose your preferred version and stick to it. If you need to convert between them, why not use an app on your phone?
We have now been proofing the tips of horse racing tipster First Favourite for a full year so thought it would be a good time for an update.
Our original trial finished back in October last year and we gave it a neutral rating, which we maintained at our nine month update in January.
Just to recap, this is a low-volume service with just a small number of bets per month, but it targets high returns over the long run with this selective approach.
The long-term strike rate is high at over 50%, so as the name of the service suggests, it focuses on backing favourites that represent value.
Overall it has done well, adding £1,230 profit this year to the recommended staking, which is to start off with a £1,000 bank each month, stake 10% on each selection and reset the bank at the end of each month, withdrawing any winnings.
In points terms, you could say that equates to an approximate 12 points of profit this year on top of the seven made at the time of our last update, making 19 points profit since October 2016.
This is a good effort and is worthy of a re-rating of the service in our view.
OVERALL VERDICT: PASSED
After a year of following the tips, we are pleased to upgrade First Favourite to a recommended rating here at Honest Betting Reviews.
As we have said before, this is very much a slow-burner service where you look to build a bank gradually over time.
The bet volume is low with just a few bets per week on average, so for those who like lots of bets all the time this is probably not for you.
However, for those with patience and an eye for long-term profit, First Favourite has demonstrated an edge over the market and an ability to deliver consistent profits.
On that basis we think it is worth adding to your portfolio and is a service we will continue to follow closely.
We completed a six month trial of horse racing tipster First Favourite back in October and gave it a neutral rating.
We agreed to continue monitoring the service to see if results picked up and to update our review periodically on how things were going.
So after nine months we thought it would be a good time for a quick update.
Well the good news is that it has been a very good three months for First Favourite since we completed our trial.
They have made a solid 7 points profit in that time to level stakes, bringing their total profits since we started proofing the tips to 3 points profit overall.
Using their compounding approach and taking the profits at the end of each month and resetting the bank, you would have made £837 profit over the last three months starting with a £1,000 bank.
There have been 15 bets over the last three months, with 11 of those winning, a very decent strike rate of 73%.
This is very much a service for the patient investor who is prepared to build their bank gradually over time. If you have that patience, then this could the service for you.
We are pleased to progress they have been making and if the current form continues then First Favourite should be well on its way to a passed rating.
We have given First Favourite – a horse racing tipster – a six month trial rather than the usual three months, as there are a very low number of bets, so we wanted to get a proper look at the service.
So after six months of tipping, how have they done?
Well, we are pretty much back where we started, at £4 down to £100 stakes at advised prices – so very close to break even.
Below is the profit graph for the trial:
As you can see, things were going quite well midway through the trial, but unfortunately dipped later on.
At Betfair SP things were a little worse, at -£339.
The results seen during our trial were quite a bit below those achieved prior to the trial. In 2015, there were apparently 12 winning months out of 12.
The good news is the workload is incredibly low here, with just 2 bets per week.
This kind of selective betting will not be to everyone’s taste – some people will want a larger number of bets to get their teeth stuck into rather than the “slowly, slowly, catchy monkey” approach taken here.
But certainly the results during the trial have not been bad and break even is deserving of a neutral rating in our view.
If results pick up over the coming months, then an upgrade in rating may be appropriate.
Until then, the jury’s out on First Favourite.
Service Breakdown
Ease of use: Tips are sent out early in the morning of racing, so plenty of time to get the bets on. As we say, with an average of just 2 bets per week, the workrate is incredibly low here.
Availability of prices: Prices do tend to steam in somewhat by the off, so it is advisable to get your bets on as soon as possible after tips are sent out. However, we generally found prices were readily obtainable so you should be able to match the advised prices as long as you have a few bookie accounts still open.
Strike rate: The strike rate for the trial was 52%, which is a little below the long term strike rate of 55% and may explain the results being a little worse than normal as well.
Advised Betting Bank: No betting bank was advised, but we used a 1500 point bank when using 100 point stakes for each bet.
Subscription costs: Subscription costs are £47 + VAT per month.
OVERALL VERDICT: NEUTRAL
First Favourite is a horse racing tipster that takes a very selective approach to tipping, with just two bets per week on average.
After a six month trial, we have finished pretty much level from following their tips.
So we feel a neutral rating is the only reasonable verdict here for the time being. Hopefully results will pick up over coming months for them.
At Betfair SP it is a similar story, with 453 points lost since our last update to sit at -147 points for the trial overall.
It is a shame they have hit a sticky patch as it had a cracking run from mid-June to mid-July, but hopefully it is just a blip and normal service will be resumed shortly.
At Betfair SP the results have also been good, with 364 points profit added over the last month to stand at 306 points profit for the trial overall.
We have also been monitoring the advised prices closely and can say that the prices are generally widely available and do not disappear within a short time as you see with some other services, which means you should be able to match the results at advised prices if you have bookie accounts.
The other thing worth noting is that the longest losing streak for First Favourite this year has been just two bets!
That is quite a remarkable statistic and I don’t know if I’ve ever seen that before. Just shows the level of consistency and means this is a very easy service to follow – it doesn’t seem to have the rollercoaster experience you get with some other services.
So overall very impressed with First Favourite so far and let’s hope things continue in the same vein.
First Favourite are still in profit for our trial -but only just.
When we did our last update a month ago, they were 165 points in profit at advised prices, where as now they are 11 points up, so a decline of 154 points since last time.
At Betfair SP, the total so far is 58 points down, so a little bit worse than the advised prices.
As we have said before, this is very much a selective service with a low number of bets per week, but the long-term record is strong and justifies such an approach.
Anyway, let’s hope things pick up a bit by the time of our next update.
The good news is that the selective approach is paying off so far, with three of the five bets having been winners, with a profit of 165 points accrued to 100 point stakes.
You can see the effectiveness of the service, with 15 of the 16 months so far having been profitable. It is slow steady bank building, which is quite a nice way of doing things.
Anyway, we will update things in about a month’s time and see if things are still going strong.
We have just come across a horse racing tipster who we think has great potential and are quite excited to be trialing here at Honest Betting Reviews.
The tipster in question is called First Favourite and is run by a guy called Mel Gee.
There are two things in particular that interest us about this service.
First up is the high strike rate. We have written elsewhere about the importance of strike rate in betting systems, but in short the reason is that having a high strike rate means you can use larger stakes and build a bank much more quickly.
Plus losing streaks tend to be much shorter, thus making it easier psychologically to follow the service.
First Favourite claims to have a strike rate of 55%, which is a fantastically high strike rate to be able to achieve a profit at.
That means over half of bets have been winners! That’s what we like to see.
The second thing we like about this service is the level of consistency. Apparently in 2015 there were 12 winning months out of 12, which is remarkable going.
The three years previous to that were also profitable, although it doesn’t say to what level.
Now the only thing we would say is that this is a selective service, so if you’re looking for loads of bets every day then it might not be your thing.
But as we are always keen to stress, at the end of the day it is the amount of profit in your bank account that really counts rather than the number of bets and on the profit front First Favourite certainly seems to have delivered so far.
The good thing is there is a 60-day no-quibbles money back guarantee, so if it doesn’t turn out as hoped we can always get a refund.
So with much anticipation we will get the trial underway and let’s hope we can see some great profits accumulated over the next few months.
Back soon with our first update on how things are going.
Frankel is thoroughbred racehorse with an astonishing career. In his fourteen races he was never beaten and became the highest rated racehorse in the world. He was the first horse for over sixty years to become a champion on three successive years when aged two, three and four and only the fourth to do so in the last hundred years.
Currently valued at £100 million, he is also one of the world’s most valuable. Trained by Henry Cecil and owned by Khalid Abdullah, his first race as a two year old was in 2010 and his final race before retirement was the Champion Stakes at Ascot in October 2012.
As a stud he stands at Banstead Manor in Suffolk, his own birthplace. In his first season as a stud his stud fee was £125,000, covering 133 mares during that year. He is fairly successful at that too, achieving a fertility rate of 95%.
Foals sired by Frankel are referred to as Frankel foals, and there a fair number of them around. The first Frankel foal to be auctioned was sold of £1,150,000, and the first one to be raced was Conco who run his first race at Newbury in 2016.
Clearly Frankel’s foals are worth looking out for if you are looking for an interesting punt, especially if they are making their racing debut. During 2017 a whole crop of two year-olds race for the first time as well as some remaining three year-olds. One recent success was Lady Frankel who won her debut at Saint Cloud in March 2017.
Some other Frankel Foals who have already shown early signs of success are:
ZEFFERINO (trainer Roger Charlton) – finished second at Newmarket debut
TOULIFAUT (trainer Jean-Claude Rouget) – won its debut at Clairefontaine
SOUL STIRRING – won its debut in Japan
SEVEN HEAVENS (trainer John Gosden) won its debut at Ascot and probable entry for 2017 Derby.
SENATOR (Trainer Richard Fahey) Won debut at Leicester
QUEEN KINDLY (trainer Richard Fahey) won by five lengths at debut at Catterick. Also came third at Albany Stakes at Royal Ascot won the Novice Fillies Stakes at Catterick and Lowther Stakes at York.
LAST KINGDOM (trainer Andre Fabre) finished second in debut at Clairefontaine
FRANKUUS (trainer Mark Johnston) won debut at Haydock
FAIR EVA (trainer Roger Charlton) won debut by four lengths at Haydock, won the Princess Margaret Juddmonte Stakes at Ascot but lost to Queen Kindly, the Frankel filly mentioned above)
Future entries to look out for in the coming months are:
ALJEZEERA – Dubai Fillies’ Mile
ATTY PERSSE – Investec Derby
CUNCO – Champagne Stakes, Royal Lodge
EMINENT – Racing Post Trophy, Investec Derby
FAIR EVA – Moyglare Stud, Mill Reef, Rockfel Stakes, Cheveley Park, Dubai Fillies’ Mile
FRANKUUS – Royal Lodge, Dewhurst Stakes
HARBA – Rockfel Stakes, Cheveley Park
KHATTAR – Keeneland Phoenix Stakes/Investec Derby
LIGHTENING FAST – Champagne Stakes
LAST KINGDOM – Dewhurst Stakes
QUEEN KINDLY – Cheveley Park
RAINBOW LEGACY – Investec Derby
SAN REMO – Champagne Stakes, Royal Lodge Stakes, Dewhurst Stakes
Naturally there is far more to a racehorse than having a highly successful father, but most of Frankel’s progeny also have excellent mothers too. Many of the mares have also been champions. Interestingly very few of Frankel foals look anything like the great horse himself, but the question is will any of them rise to the same level on the racecourse? Perhaps none of them will be quite as successful as their father, but he was a unique horse.
https://www.honestbettingreviews.com/wp-content/uploads/horse-racing-pic-4.png402650Danhttps://www.honestbettingreviews.com/wp-content/uploads/hbr-logo-new-300x145.pngDan2017-04-27 13:53:472023-08-02 21:28:18Tracking Frankel’s Foals – A Path to Profit?
Rory Delargy has had a lifetime interest in horse racing. He is a tipster for both Timeform Radio and for the popular Racing Consultants service and a renowned horse racing pundit. He is also a columnist for Irish Field.
Here we have a look at Rory’s career, influences and some of his expert advice for us punters.
Early Days – Catching the Horse Racing Bug
It was national Hunt racing that initially grabbed Rory when he watched Red Rum as a five year old win the Grand National in 1977. He spent some time at university, but his heart wasn’t really in it. In fact he says he spent more time at the Musselburgh Racecourse than he did attending lectures. His career was always going to be on the racecourse.
For eight years he worked for Ladbrokes, latterly being promoted to operations Manager, but it was with the well-known punter and racehorse owner Tony Bloom where he learned the finer points of betting.
Delargy is an avid commentator on the sport and a regular blog writer. In his latest blog he writes about the Naas Directors Plate Novice Chase in which of the 10 entries, 9 had the same owner and it was only possible to tell the runners apart from the colour of their cap helmets. This, he says, is what is becoming typical in the sport with rich owners buying up all the young talented horses and making it very difficult for smaller breeders and owners.
When it comes to betting on the horses Delargy is an expert. Below he shares some wise advice on where punters often go wrong with their choices and how to turn that losing streak into a profit.
Many of these ideas have come to fruition in the profitable Racing Consultants tipping service that Rory runs with colleague Dave Massey.
Roy believes that the problem he and other punters have with the sport is an obsession with the idea that they can demonstrate their knowledge of the sport only be predicting winners and backing them, and that that is the way they achieve validation.
He also says that there is a tendency to have favourite horses and back them because of their previous success or that backing them had been fun. He refers to this as emotional betting, and points out that is no way for a professional punter to be. It is essential, he says, to separate betting from their love of the sport if they want to be successful. Although that is harder than it sounds, betting should be a combination of cool observation and making the best choices completely divorced from emotion.
He also points out that it’s important not to let previous results affect confidence in a horse and that you should avoid letting bad luck put you on tilt, to coin a poker expression. Pre-conceived notions of what to bet on the next race should also be avoided. There is a basic error in gravitating to the favourite and either convincing yourself that it is a good horse to back or wondering how to beat it. In reality the fact that any particular horse is favourite is completely irrelevant. There are many questions to ask about any horse, but whether or not it is the favourite is a low priority.
Asking the Right Questions
More important questions to ask are can the way in which the race is run be relied on; if there is a front runner what are the chances he will take the lead early on? What will be the effect on the draw regarding tactics? Will a hold-up horse be favoured by the race? Those questions should be answered before even considering the betting. The problem is that mostly there is insufficient time to find answers to all those questions and the temptation is to take the dangerous shortcut of analysing the pros and cons of backing the favourite.
He suggests that the easiest way to bet on horseracing is on the race outcome. Betting or laying a horse to win is a clear decision that even a novice punter can grasp. The horse either wins or it doesn’t. Many punters discover that when they bet regularly on the same group of horses patterns emerge. For instance you might find that the front runner you back falls away, or a horse that seems to cruise through races but in the end fails to deliver. Such horses look as if they have a good chance of winning, so you back them again only to fail again. You feel you are are throwing good money after bad and that you have lost winnings you had been counting on.
Turning Losses into Profits
So how do you turn these losses round into profit? Rory says there is a way. He advises that you should look at various aspects of the race such the size of the field, the anticipated pace, the class, the going and so forth. This way you can establish a number of propositions which will help you achieve a profit.
An early lesson is that the outcome of the race isn’t the determinant of whether you have won or lost. Often it’s possible to lock a profit in early just by carefully reading the market. This is what rich successful professional punters do all the time. It’s analogous to trading commodities in the markets. You just use the betting exchange markets in a similar way. With this kind of trading the basic trick is to buy low and sell high. That, he says, is the sure fire way of making money.
Essential you need to back at high odds and lay back short, thus generating a locked in profit. This works in both the pre-race markets as well as in the in-play markets. In terms of pre-race, you need to consider whether the early price is incorrect with the potential for the market to correct itself. For instance, if you find a 14/1 price that you believe should be a favourite, then it pays to bet high with the assumption that other punters will be tempted to bet on that horse too and thus force the price down.
With in-running bets, the trick is to spot horses who will grab the attention of punters during the race. This could be by taking a clear lead and running strongly. The in-running price for these horses will be significantly shorter than their pre-race price as the prices are determined by what the punters see in real time.
Naturally reacting to changing markets as they happen is challenging, and you are unlikely to be successful if you are up against other punters who have access to faster and better data. Even so, you can gain some advantage by analysing the running styles of the entries in advance. This way you can decide which horses are likely to trade short. You can even make a profit without watching the race.
Making Profits – The Easier Way
Some interesting ideas then from Rory on how to make money from horse racing. Clearly you can see the dedication needed to make it as a professional, which certainly isn’t easy.
https://www.honestbettingreviews.com/wp-content/uploads/horse-racing-speeding.png455700Danhttps://www.honestbettingreviews.com/wp-content/uploads/hbr-logo-new-300x145.pngDan2017-04-17 15:04:322023-08-02 21:30:13Rory Delargy – Professional Punter Points the Way to Profits
Long term followers of Honest Betting Reviews will know that we are big fans of the tipster platform Betting Gods, which has produced some of the very best tipsters we have come across.
Not least Quentin Franks Racing, our number one rated horse racing tipster, who has made close to 1,000 points profit over the last couple of years.
Or the Flat Racing Master, who made an astonishing 500 points profit last year.
There have plenty of other very good tipsters that are too numerous to mention in detail, but you can check them out here.
So when we come across another Betting Gods tipster, we are always excited to see how it will develop.
The latest one we are going to take a look at is Top Form Racing, a relative new kid on the block but one that shows some considerable promise.
Since starting tipping just about a full year ago, they have made around 100 points profit, at a very decent strike rate of 34%.
The return on investment figures are good as well, averaging 17% for the year, which is most commendable.
The workload looks pretty manageable too, with just 1-2 bets per day on average.
Staking is very sensible, with bets either 1 point or 0.5 points per selection, so we are not talking about a crazy staking system to inflate results like you see with some other tipsters.
All in all looks like pretty decent tipping and certainly worth taking a look at.
We will run our normal three month trial which should be plenty of time to get a good look at the service.
We will update results regularly here, so check back here any time to see how things are going.
https://www.honestbettingreviews.com/wp-content/uploads/hbr-logo-new-300x145.png00Danhttps://www.honestbettingreviews.com/wp-content/uploads/hbr-logo-new-300x145.pngDan2017-04-13 12:12:162023-08-02 21:31:11Top Form Racing – Update
Pick 6 is a horse racing wager where you pick the six winners in 6 consecutive races. As you might imagine, the chances of pickling six winners are fairly remote, but if you are successful then you will be in for a big pay-out.
The tote equivalent of the Pick 6 is the Scoop6. Again you must pick 6 winners, but there is also a place fund, so if all your horses are placed, then you will still end up with a pay-out. What is particularly attractive about a Scoop6 is that you can win substantially even with a small stake as low as £2.
Strategies and winning potential
So how do you go about increasing your chances of picking six winners? Naturally there is no real answer to that. It is extremely difficult to do. But let’s look at the odds of achieving it.
The first thing to consider is the bookmakers over-round, in other words the bookmaker’s margin. Bookmakers try to create a book with an over-round that generates a reasonable margin. For instance, their book might be such that for every £120 bet, they will pay out £100 no matter what the result.
Effectively that means that the quoted bookmaker odds understate your chances of winning the bet. For instance, if the bookmaker believes there to be a 40% chance of a particular horse winning its race then they are likely to start the odds at around 3/1. The odds change as the wagers come in and the bookmakers balance their book in real time. Of course, bookmakers often get things wrong, and one of the most exciting things about betting on horses is beating the bookmaker. It’s not easy to do as they pay great attention to form and often have spotters observing the horses in training.
So, given this what are your real chances of picking six winners? For simplicity, let’s say you back six horses each priced at 3/1. Ignoring the tote for the moment, if you went for a six horse accumulator and you bet £1 and you successfully picked six winners, then your total winnings would be:
But your chances of winning it are fairly small. Ignoring the overbook, your odds would be
0.33 x 0.33 x 0.33 x 0.33 x 0.33 x 0.33
= 0.00137
In other words a little less than a 1 in 730 chance
But once you add in an overbook of 20% so that you are looking at the true probabilities as calculated by the bookmaker, your odds would be
0.27 x 0.27 x 0.27 x 0.27 x 0.27 x 0.27
= 0.00039
In other words a 1 in 2,584 chance.
Life Changing Win
Although a 6 horse accumulator is a fun bet, and if you do win you can win life changing amounts of money.
Most people who bet Pick 6 bet on the tote rather than a six horse accumulator. As there is a place fund, you have substantially better chances. Even so, come the last race with five in the bag things are going to get a little tense, so you might be advised to hedge your bets by also picking 4 and 5 winners.
Your winnings on the tote depend on how many other people make that bet and how many are successful, but huge winnings are a possibility; they just don’t come around that often.
Looking Beyond Pick 6
Winning the Pick 6 would be a life-changing event for most, but the chances of it are extremely remote – akin to winning the lottery.
https://www.honestbettingreviews.com/wp-content/uploads/bet-slip-acca-image.png445700Danhttps://www.honestbettingreviews.com/wp-content/uploads/hbr-logo-new-300x145.pngDan2017-04-11 20:10:552017-08-23 15:13:36Taking a Look at Pick 6
Betfred Goals Galore is a fixed odds football bet in which both selected teams must score. You choose matches in which you anticipate that both teams will score. It doesn’t matter what the score is, they simply both need to score at least one goal. You must bet on a minimum of three matches and your bet works as a fixed odds accumulator. The maximum number of games you can select is 15.
Betfred offers two levels of odds, the Long List and the Bonus Coupons List. The Bonus Coupons List offers significantly better odds. The reason for this is the Bonus Coupon List is selected by the Betfred experts as the consider there is less chance of both teams scoring in these matches.
The table below lists the current odds for Goals Galore:
No Games Selected
Long List
Bonus List
3
3/1
9/2
4
11/2
9/1
5
10/1
16/1
6
16/1
28/1
7
28/1
50/1
8
45/1
100/1
9
70/1
175/1
10
120/1
300/1
11
200/1
500/1
12
300/1
800/1
13
500/1
1500/1
14
800/1
2500/1
15
1350/1
5000/1
There is some fine print to consider. If any of selected your matches are abandoned, odds will be paid that are equivalent to the number of valid selections you have made. If you select just three matches and one of these is abandoned then your bet will be paid out at 6/4 Long List or 13/8 Bonus Coupon List. If two of your matches are abandoned odds will be 4/7 Long List or 4/6 Bonus Coupon List.
There are several variants of Goals Galore:
Goals Galore No Draw
In this variant you must select games in which both teams score and that don’t result in a draw. With this option you can choose between 2 and 15 teams. There is no Bonus Coupon List, but the odds are considerably more generous than the standard Goals Galore.
The table below lists the current odds for Goals Galore:
No Games Selected
Long List
2
6/1
3
20/1
4
55/1
5
150/1
6
425/1
7
1100/1
8
3250/1
9
9000/1
10
20000/1
11
35000/1
12
65000/1
13
100000/1
14
150000/1
15
250000/1
Goals Galore First Half Second Half
Here you can bet separately for the first half or the second half. If you anticipate early goals, then should both teams in your selected matches score you will win. You can select between 2 and 8 matches. Similarly if you think the goals will come in the second half, you can bet that both teams will score after half time. The odds for first half are significantly more generous than second half. These are shown below.
The table below lists the current odds for Goals Galore First Half Second Half
No Games Selected
First Half
Second Half
2
20/1
11/1
3
100/1
40/1
4
400/1
150/1
5
2000/1
525/1
6
8500/1
1800/1
7
40000/1
6500/1
8
175000/1
22500/1
Why Bet on Betfred Goals Galore?
The obvious reason why betting on Goals Galore is an attractive option is the high odds that are available. With odds of up to 250000/1 it isn’t surprising that this bet is becoming so popular. However there are other reasons too; the bet can keep you on the edge of your seat throughout the length of the match. Even if one of your selections is a scoreless draw with just ten minutes to go, there is still a possibility that both teams will score.
Why not make multiple selections with a small stake? The chances of winning might not be very high, but the chance of turning a £1 bet into £225,000 is certainly appealing, even if the chance is a small one.
The US Masters starts tomorrow from Augusta, Georgia and it is set to be a classic.
As ever, there are a whole host of storylines going into the first major of the season.
Can Spieth make up for his dramatic collapse last year – and how will he play the 12th hole with the memories from last year in his head?
Can McIlroy capture the final leg of his career grand slam, even though he has just put new clubs in his bag on the eve of the tournament?
Or will Dustin Johnson, the world number one, carry on his sublime form and make it four wins from four starts?
Your guess as to the answers to these questions is as good as ours, but if you want some advice from a real specialist with his eye on the game, we can heartily recommend you follow the tips of the Golf Betting Expert.
This golf betting professional has just racked up some incredible results, including just in the last three weeks:
Indian Open – SSP Chowrasia – WON at 100/1
Chitimatcha Louisiana Open – Aaron Wise – Placed at 35/1
Barclays Kenya Open – Aaron Rai – WON at 25/1
Shell Houston Open – Daniel Berger – Placed at 45/1
Shell Houston Open – Russell Henley – WON at 40/1
That’s three winners and two placed golfers in the last three weeks – quite incredible!
And that comes on the back of a phenomenal six months of tipping which has seen theGolf Betting Expertpocket well over 600 points of profit. In fact, betting just £10 per point since he started tipping early last year, you would have made £542 per month on average.
With the Masters starting on Thursday it’s a perfect time to start profiting from the best golf tipster we have ever come across.
This week he’s got five tips for the Masters at prices up to 66/1, plus five more ante-post selections.
It is a great week to be involved with, as some bookies are offering up to 8 places in the each-way market and it is reduced field for the tournament.
Plus it is very much a “horses-for-courses” venue, with some players doing well year after year whilst others always seem to struggle at the course.
So if you don’t want to keep missing out on these fantastic winners from the Golf Betting Expert, make sure you sign up now – and get your tips for Augusta in the process.
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Decimal odds have traditionally been used in continental Europe, Canada, Australia and New Zealand, however online betting has made them popular in the UK too. Many online bookmakers allow you to choose between decimal and fractional betting odds. A few years ago they were trialled at actual race meetings in the UK, but they proved unpopular with the punters. 
