About a month ago I received an email from John Royale, the author of Racing Systems who has a new Racing Systems Publishing product called Gambling on Betting. This was great as I’ve been searching for profitable systems to profit from for a few years now and had little to work with.
In this article I’ll review the Gambling on Betting system and some of the methods used to make over 200 stone profit in one month.
This was done using the methods found in John’s e-book and some lucky hat tip outs during 38 races. The system is a very simple one that targets the “opinion” markets on Betfair. Some of the “opinion” markets are highly resembles to the actual betting markets, but because it’s a selection system it means the markets are far more random. This means the more random an opinion market, the more the market will “false” your profit.
The first step to making money on Bola88 is to choose a horse race from the shorterumps, which are 4 runners. Some of the shorterumps are 4,5,6 runners, although the races are usually given this name to make it easier to locate winners (the 8 runner market is more difficult to find winners in).
To handicap all the runners in a race is quite a bit of work, which is exactly what the betting exchanges were created for. However you don’t need to do all the work yourself on these markets, which is what makes them profitable. Handicapping allows you to spot where the market in general is going wrong and by looking at some of the minor differences that the horses are running in, you can spot the horses which are likely to be underestimated.
A typical horse race might consist of 3 starters, some or all of which may be handicapped to some extent. By handicapping the horses you’re trying to predict the winner you’re able to raise your prices (as well as potentially lower them at some point). This means that you’re able to bet at the same price for the race as the bookmakers are at, thus you are protected from the bookies upper edge.
By picking favorites you can actually bet on horses that are less likely to win, however they are also less likely to lose. Rather than bet on a 50% chance of winning you can bet on a 33% chance, this means that if you pick your favorite horse correctly you will cover the stakes in around 47% of the time, this is double the 15% bookie under round that they are paying you on your bet. Even though the odds are to win it still means you have a 47% chance of winning which is a lot better than betting on the horses r wise
If you cheering for a winner then cheer for a horse with odds of 12-1 who is handicapped to win. You will get your money back less the bookie’s commission, which is around 4% commission on a winning bet. So you are 11 times more likely to win with the 12-1 shot than the 50% chance. Even though the prices are the same, the horse is a serious underdog at home in America so you’ll be cheering for a lot more winners than when you’re betting on the favourite.
When you are betting on the first 2 in the market and want a price beter than the last, then you have a tension of betting to level stakes in the market. When you find a market that way, your indisputable profit will increase every day.
From 7 short seven horses in a race, to the most favored of all the horses, horse racing takes love and practice. Many a man has been bankrupt while betting on the horses and the history of the sport has shown that as many as 11 people have lost their entire income from betting on the horses in one day. Though at the same time a lot of people and their money too has been invested in horse racing.