Place Betting – Final Review
One of the most neglected forms of betting when it comes to horse racing is place betting. Very few tipsters or betting systems focus on it and there is little discussion in the racing media about betting on the place market.
It is almost an afterthought in many cases, something that is only talked about with reference to the each-way market.
However, this lack of attention on place betting does mean there is potential to find value in the market and this review looked at a suite of systems that aim to do exactly that.
From Exponential Bet – who our long term members will know well from a number of other reviews of their systems we have done – this Place Betting System is a suite of automated betting system for the horse racing place markets on Betfair.
Using the same Cloud Bet Bot software that is utilised for a number of their other systems, the bets are placed automatically on your Betfair account via the cloud, without you needing to run a VPN or keep your computer on day and night.
There are essentially three separate systems as part of the Place Betting portfolio:
- Place Back Multi – Backs up to five horses in the place market within applicable races.
- Place Lay Multi – Lays up to five horses in the place market within applicable races.
- Place Lay Single – Lays one horse in the place market within applicable races.
You can play all, one or two of the strategies at the same time, it is up to you.
We followed all three during our trial and ran our review for a period of 10 months, which was an extensive review and gave us a substantial sample size of over 4,000 bets for our test.
We are pleased to report that the software ran very smoothly during our trial and everything operated as it should, with bets placed automatically on our Betfair account and no input needed on our side, other than setting the systems up – which is pretty simple to do.
So how did things go?
Well unfortunately for two of the three systems the results were disappointing, whilst the other one produced close to break even.
Here were the final results broken down by system:-
- Place Back Multi: -76 points
- Place Lay Multi: -65 points
- Place Lay Single: -5 points
You can view full results here.
The settings we used were normal staking (not ratchet), 1 point per bet and exchange straight (which is the price shortly before the off, rather than BSP).
Although we ran this review as a combination of the three place systems, really to be fair it’s best to treat them separately on their own merits.
On that basis it would be a failed rating unfortunately for the Place Back Multi and Place Lay Multi, but a neutral rating for the Place Lay Single, which did show some improvement towards the end of our trial.
We know that Ryan at Exponential Bet is constantly innovating so it is probably worth keeping an eye on these systems to see if results improve over the long term.
For the moment though the systems didn’t quite produce the results hoped for over our trial and it looks like they are still a work in progress rather than the finished article.
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Place Betting – Results Update
24th March 2022
Somewhat of a step backwards for auto-betting system Place Betting from Exponential Bet lately, with a loss of 27 points made across their three systems since our last update.
That means the three systems are now a combined 147 points down for our trial overall.
The breakdown of the systems’ results is as follows:-
- Place Back Multi: -58 points
- Place Lay Multi: -71 points
- Place Lay Single: -18 points
You can view full results here.
Just a reminder that this is a piece of auto-betting software that places bets automatically on your Betfair account via the cloud without the use of a VPN or the need to keep your computer running all day. It operates on the horse racing place markets.
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Place Betting – Results Update
8th February 2022
A small improvement for auto-betting system Place Betting from Exponential Bet lately, with a profit of 4 points made across their three systems since our last update.
That means the three systems are now a combined 120 points down for our trial overall.
The breakdown of the systems’ results is as follows:-
- Place Back Multi: -73 points
- Place Lay Multi: -28 points
- Place Lay Single: -19 points
You can view full results here.
Just a reminder that this is a piece of auto-betting software that places bets automatically on your Betfair account via the cloud without the use of a VPN or the need to keep your computer running all day. It operates on the horse racing place markets.
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Place Betting – Results Update
4th January 2022
Not much change for auto-betting system Place Betting from Exponential Bet over the last month, with a loss of 4 points made across their three systems since our last update.
That means the three systems are now a combined 124 points down for our trial overall.
The breakdown of the systems’ results is as follows:-
- Place Back Multi: -82 points
- Place Lay Multi: -19 points
- Place Lay Single: -23 points
You can view full results here.
Just a reminder that this is a piece of auto-betting software that places bets automatically on your Betfair account via the cloud without the use of a VPN or the need to keep your computer running all day. It operates on the horse racing place markets.
We had high hopes for this system (or group of systems) at the outset but it has proved to be a tough trial so far. Would be good to see just some movement in the right direction by the time of our next update.
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Place Betting – Results Update
3rd December 2021
The struggles continue unfortunately for auto-betting system Place Betting from Exponential Bet lately, with a loss of 76 points made across their three systems since our last update.
That means the three systems are now 120 points down for our trial overall.
The breakdown of the systems’ results is as follows:-
- Place Back Multi: -74 points
- Place Lay Multi: -14 points
- Place Lay Single: -32 points
You can view full results here.
Just a reminder that this is a piece of auto-betting software that places bets automatically on your Betfair account via the cloud without the use of a VPN or the need to keep your computer running all day. It operates on the horse racing place markets.
Could do with things turning around for them soon.
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Place Betting – Results Update
1st November 2021
It’s been something of a struggle for auto-betting system Place Betting from Exponential Bet lately, with a loss of 48 points made across their three systems since our last update.
That means the three systems are now 44 points down for our trial overall.
The breakdown of the systems’ results is as follows:-
- Place Back Multi: -57 points
- Place Lay Multi: +41 points
- Place Lay Single: -28 points
You can view full results here.
Just a reminder that this is a piece of auto-betting software that places bets automatically on your Betfair account via the cloud without the use of a VPN or the need to keep your computer running all day. It operates on the horse racing place markets.
So far the Place Lay Multi looks like the most promising system as that is the only one of the three that is in profit for our trial. Still time for the others to turn around it though so all is not lost.
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Place Betting – Results Update
2nd October 2021
A bit of a dip over the last month for auto-betting system Place Betting from Exponential Bet, with a loss of 73 points made across their three systems since our last update.
That means the three systems are now 4 points up for our trial overall.
The breakdown of the systems’ results is as follows:-
- Place Back Multi: -32 points
- Place Lay Multi: +59 points
- Place Lay Single: -23 points
You can view full results here.
Just a reminder that this is a piece of auto-betting software that places bets automatically on your Betfair account via the cloud without the use of a VPN or the need to keep your computer running all day. It operates on the horse racing place markets.
We are using 1 point stakes across the systems to keep things simple but you can of course use staking appropriate to your circumstances.
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Place Betting – Results Update
30th August 2021
There has been good progress made this month by auto-betting system Place Betting from Exponential Bet, with a profit of 30 points made across their three systems since our last update.
That means the three systems are now 77 points up for our trial overall.
The breakdown of the systems’ results is as follows:-
- Place Back Multi: +15.6 points
- Place Lay Multi: +70.5 points
- Place Lay Single: -11.8 points
You can view full results here.
Just a reminder that this is a piece of auto-betting software that places bets automatically on your Betfair account via the cloud without the use of a VPN or the need to keep your computer running all day. It operates on the horse racing place markets.
We are using 1 point stakes across the systems to keep things simple but you can of course use staking appropriate to your circumstances.
Good to see the positive progress this system has made, let’s see if it continues.
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Place Betting – Results Update
31st July 2021
It’s been a good start to our trial of auto-betting system Place Betting from Exponential Bet, with a profit of 44 points made so far across their three systems.
The breakdown of the systems’ results is as follows:-
- Place Back Multi: +17.7 points
- Place Lay Multi: +43.3 points
- Place Lay Single: -16.6 points
You can view full results here.
Just a reminder that this is a piece of auto-betting software that places bets automatically on your Betfair account via the cloud without the use of a VPN or the need to keep your computer running all day.
We are using 1 point stakes across the systems to keep things simple but you can of course use staking appropriate to your circumstances.
Anyway, good to see the systems make a positive start to our trial.
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Place Betting – New Review
14th July 2021
One of the most neglected forms of betting when it comes to horse racing is place betting. Very few tipsters or betting systems focus on it and there is little discussion in the racing media about betting on the place market.
It is almost an afterthought in many cases, something that is only talked about with reference to the each-way market.
However, this lack of attention on place betting does mean there is potential to find value in the market and the system we are looking at today attempts to do exactly that.
From Exponential Bet – who our long term members will know well from a number of other reviews of their systems we have done – this Place Betting System is an automated betting system for the horse racing place markets on Betfair.
Using the same Cloud Bet Bot software that is utilised for a number of their other systems, the bets are placed automatically on your Betfair account via the cloud, without you needing to run a VPN or keep your computer on day and night.
There are essentially three elements to the Place Betting strategy:
- Place Back Multi – Backs up to five horses in the place market within applicable races.
- Place Lay Multi – Lays up to five horses in the place market within applicable races.
- Place Lay Single – Lays one horse in the place market within applicable races.
You can play all, one or two of the strategies at the same time, it is up to you.
The results so far look very impressive, with the respective totals since starting last December for the three systems (using the “straight exchange” approach) as follows:
- Place Back Multi: +162 points
- Place Lay Multi: +273 points
- Place Lay Single: +86 points
So that’s 521 points profit overall for the three systems.
We will be following all three, using the straight exchange approach. The two other options are BSP and target profit, but as we say the results are best for the straight exchange method.
We are really looking to testing this system out because as we say there is a real gap in the market for a good place betting system and this looks very promising.
As we always warn though, it is better to reserve judgement until we have seen how it performs under live trial conditions.
Anyway, we will record updates here as we along so you can see how the system is getting on.
In the meantime you can check out Place Betting from Exponential Bet here.
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