Horse Racing Betting System – Designing a Simple System

Putting together a system is not as difficult as it may sound, even for a beginner. The important thing, and with any betting, is that you write down every rule and follow it for at least 100 bets. You do not need to trade real money, paper trading is best at first. If after 100 bets it is in profit, you can then give it a betting bank and start gambling.

Starting an untested system with real money, and packing it in on its first losing run, putting it down as failed, will only cost you more and more money in the long term. Being patient saves you money.

So let us get down to starting a system eh? I’ll show you below how simple they are to put together, this example is profitable, so no reason why you can not follow it with a betting bank, but its yearly profits are not huge, but have a go at your own, always making sure that you understand way a rule works.

The system below is designed for National Hunt racing.

‘The NH High SR Non-Handicap Fav System’

Rule 1: Non-Handicap races only.

This ensures that we do not include handicap races, which are more difficult to get profitable systems out of. Although when you do they are more profitable than non-handicap races.

Rule 2: Forecast Favourite only (if joint VOID bet)

Just to make sure we have one clear qualifier for our non-handicap race.

Rule 3: Forecast price must be odds on.

I know that the lower the odds the more likely it is to win, although the lower the odds the smaller the profit for a new bank.

The first 3 rules of any systems I quantify as the main system rules, they ensure we have the main set of qualifiers we are looking for. Those rules after, I regard as filters to take out any facts I know are not profitable long term.

Rule 4: Horse age must be 6+

This is because in the UK, horses are not generally full wound up for jumping until they are at least 6, so those of a lower age have erratic results that do not prove profitable, so no use including them.

Rule 5: Horse must have finished 2nd or worse on its last run.

Horses that won last time out usually go off at lower odds than they should, so an edge is taken away.

Rule 6: Must be a gelding.

Geldings win the majority of races over fences, and are generally have the most consistent and reliable form.

Rule 7: Going must be Good-Soft or better.

Any softer than this and results can get a bit random.

That is it. Over the last 10 years it has produced a 48pt profit even at those low odds, and a 63% SR overall. It has had 3 losing years in that period, the worst being 5pts, but using the betting exchange prices, they would also have shown a profit.. There are around 100 bets per year.

So you can see by this example, it does not profit every year, but long term it still shows a profit, and it is long term that any professional gambler will tell you is the only time span that matters.

How to Quickly and Easily Pick Winning Outsiders With Your Horse Racing Bets

The strategy that we are going to adopt with this method is to choose handicap races, both flat and national hunt chases are acceptable – but not national hunt hurdles. Each qualifying races must be limited to between 4 to 8 runners.

If you are operating from a bookmakers simply watch the boards for the latest prices.

If you are operating from home then you could use the betting shows on your TV for your selected race or use online bookmakers odds.

Once you have the latest prices on show then our selection will be the outsider.

You will be pleased that there is a logical reason behind this, which I will explain.

In small fields no matter what the quality of the field is no matter whether it is a flat or jumps race you will often get a falsely run race with the end result being a 3 and a half mile chase turning into a five furlong sprint and this means you can get some very big priced horses winning.

This system works just as well on the flat and national hunt apart from hurdle races. Very few handicap hurdle races have less than 9 runners. Those that are less than 9 runners usually turn out to be 4 or 5 runner races and the prices are very low. There is rarely a true outsider and these races are best left alone.

When there are two horses tied as outsiders then back them both as the bigger odds will permit this.

That is all there is to it. I have used this system for over 5 years now and it still is consistent in producing me with big priced winners.

Betting Advice – Horse Racing Dutching, Hedging, Arbs – Basics

Most gamblers appear to be aware of only win bets, and the other oddities such Placepots, forecasts, tricasts, multiple bets (these increase the bookies profits, why do you think they advertise them so much?), etc. Thanks to the betting exchanges, new gamblers now know about laying horses, but a lot of other forms of making a profit exist when it comes to horse racing, and three are briefly outlined below.

Dutching

This method has been available for donkey’s years, and was used with standard bookmakers, it is not betting exchange exclusive, but they do enhance your returns, and we nowadays have a number of betting bots to aid with this type of gambling.

Dutching is simply backing more than one horse in a race. Some punters think this means your are backing not in favor of yourself, that is a negative thought, get rid of it, only conclusive thinking is acceptable in pro gambling.

If we have a 16 runner race, and somebody said you can select one horse at 8/1 and have #100 on it, or bet half the field at 1/1 for #100, what would you do? If you had good quality info on the 8/1 shot then go in favor of it, but if you do not, cover your back and go for half the field, that way you can get paid if any of the 8 selections you have made win.

I am aware of professionals that just use dutching for their gambling, it can be extremely profitable, but like everything else, it is an added weapon in my own armoury. You additionally need to put a lot of research in, as with all gambling that involves selections, using a pin to select half the field will not be profitable long term. Dutch betting on the betting exchanges can result in a 300% higher than SP (Starting Price).

Hedging

This is basically comparable to trading, the same betting theory, lay low, back high, but with a twist.

You lay the horse ahead of racing, and then wait until the horses are Off, as in in-running on the betting exchanges. You instantly enter a bet to buy that bet back at higher odds, as more often than not, a horses price will drift during the race. Try to stay away from front runners, odds on runners and sprints. Again, it is better to use a betting bot as it is much quicker at firing in the bets.

Arbing

This type of betting is technically zero risk, but that is not quite correct, so do not believe the rubbish others tell you.

The procedure mean that you study ALL the markets across a variety of betting exchanges and bookmakers, and yes, it does consist of 1000’s of events. You are researching for events were you back a price with a bookie, and then lay it off at a lesser price with the betting exchanges.

These days though, the distance between bookmakers and exchanges is getting ever nearer, and with the high number of arbing betting bots available, there are not as many opportunities as their used to be, but still 1000’s appear each week if you know where to look. It does mean you require accounts with all the betting exchanges and bookies though, and more than #1000 in each to make it worth the time. You additionally need to remember a lot of others are doing it so gaps in the market do not persist long.