Sticky info

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Sticky info

Postby holygrailsystems » Sat Feb 28, 2009 5:33 am

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Backing 10/1+

Recommended minimum bank if backing wins 200 points : places 50 points

Had people saying they want to do the Backing 10/1+ but can't because they can't monitor prices near the start of the race. But that doesn't mean you can't do them...do it the way it suits you then.

Yes in a perfect world we would be sat in front of the computer up to the start of the race and back them if they were showing 10/1 to 25/1 in the live show a few seconds before the off but not everyone can do that...even I don't do it for every race because I have so many things on the go...or sometimes a commitment that takes me away from the computer...or sometimes because I'm 7 hours ahead of UK the race is on in the middle of the night.

I'll stress again...I show the RESULTS for these whose Bookmakers' SP is returned 10/1 to 25/1 inclusive. Even if you did monitor prices for every race right up to the off your results will occasionally differ to what I show because a horse may be showing 10/1 as the race is about to start and you back it but it gets returned at SP9/1...so it wouldn't get shown in the results. It will average out over time as there could be one showing 9/1 near the off so you don't back it but it gets returned at 10/1 so will go in the results. It will happen at the other end of the price band too. Perfect example is WONDERSOBRIGHT on February 9th. The last price I saw in the live shows was 25/1 and it won the race...but the Bookmakers returned it at 33/1...Betfair SP was 40.0...so I couldn't include it in the results as I have said 10/1 - 25/1 SP only.

So here is way to back these if you can't sit and monitor prices near the off. It will mean sometimes you'll end up doing some at prices that will end up being returned outside 10/1 - 25/1 but sometimes they are going to win and if you do do it this way you'll occasionally get a winner like WONDERSOBRIGHT!

eg. March 16th>>>
Her 210 PHOENIX EYE; ZORRO DE LA VEGA and JIMMY BEDNEY

When you have the email go onto http://www.oddschecker.com HorseRacing and click on the appropriate meeting.

Look at the 210 and you will see this>>>
Best Odds: Jacks Lad (3) , Glimmer of Light (4) , Phoenix Eye (7) , Guns of Love (10) , Jimmy Bedney (10) , Wishes Or Watches (10) - Others 10 or more

These are the best bookmaker odds available where 7 is 7/1...Others 10 or more means all the other horses in the race are at least 10/1 or greater. You can see PHOENIX EYE is showing 7/1 so leave it...ZORRO DE LA VEGA is not in the list so is at least 10/1 and JIMMY BEDNEY is showing at 10/1. So you back ZORRO and JIMMY on Betfair at SP.

Here's the other race today>>>
Her 340 RIVER INDUS

Her 340 Best Odds: LAventure (5) , New Perk (5) , Chiaro (11/2) , Super Judge (13/2) , Marthas Kinsman (15/2) , Fine By Me (9) - Others 12 or more

RIVER INDUS is 12/1 or more so back it now.

Having now backed the 3 of them their prices could shorten and they start less than 10/1 if other horses get withdrawn or they get supported in the market but it's a risk you will have to take if doing them this way. As I said before sometimes you are going to get winners this way too that won't appear in the results I post. You won't mind if it's like WONDERSOBRIGHT!

17March>>> Precisely what I was describing in yesterdays' "help" message did happen! This is what I wrote>>>
Having now backed the 3 of them their prices could shorten and they start less than 10/1 if other horses get withdrawn or they get supported in the market but it's a risk you will have to take if doing them this way. As I said before sometimes you are going to get winners this way too that won't appear in the results I post. You won't mind if it's like WONDERSOBRIGHT!

...and these are the results you would have had if you had backed based on the early prices>>>

Her 210 ZORRO DE LA VEGA 8-1 won...BFSP 10.79 = +9.30...(place 3.29 = +2.17)
JIMMY BEDNEY 8-1 3rd...(place 3.0 = +1.9)
Her 340 RIVER INDUS 12-1 6th

You would have made 10.37 points profit!!

...and these are the results backing when Bookmakers' SP 10/1 - 25/1>>>
Her 210 PHOENIX EYE 10-1 7th
Her 340 RIVER INDUS 12-1 6th

A 4 point loss...over 14 points difference. So as you can see there there will be times when backing all qualifiers using early prices as the guide in the morning and then switching off the computer pays better than monitoring prices near the start of the race. Backing early is also going to be dependent on exactly WHEN you look at the prices. You could look on oddschecker at 1015 and one we are considering is showing at 9/1 so you don't back it but 10 or 15 minutes later it might have gone out to 10/1 and would become a bet. It will be interesting to see how the 2 ways of doing it compares today as there are a number of potential bets. I intend to use the oddschecker odds at 1030 which is when all the bookmaker odds will be on the site and will have settled down...and if I get the chance to maybe look again at 1pm to see if there is any difference.

The experiment yesterday using early prices proved there is little difference backing early or waiting until near the off>>>

These were the best bookmaker odds showing on oddschecker at 1030
Kem 230 DIEGO VELASQUEZ 16/1 and FIRE AND RAIN 16/1
Exe 240 CAPTAIN BECKETT 16/1; MASJOOR 10/1; DESERT STORM 11/2 and BOLLITREE BOB 22/1
Kem 340 MENDO 12/1; SHANNON SPRINGS 14/1; OWLESBURY DREAM 16/1 and BUSTER COLLINS 50/1
Exe 350 ROYAL HILARITY 8/1; WEATHER PERMITTING 9/1; BOLD PUNT 13/2; ATHERSTONE HILL 33/1; JUST ABOUT 9/1 and KILLING ME SOFTLY 25/1
Exe 425 DUTCH BILL 40/1 and SUDDEN ARRIVAL 33/1
Kem 450 COCKATOO 16/1; MAJOR MILLER 12/1; SPANISH CONQUEST 5/1 and HATCH A PLAN 40/1

Which would mean if you had backed then the qualifiers would have been if backing only the ones showing 10/1 - 25/1 inclusive>>>
Kem 230 DIEGO VELASQUEZ 4th 16/1 and FIRE AND RAIN won 16/1
Exe 240 CAPTAIN BECKETT 16/1; MASJOOR 10/1; BOLLITREE BOB 22/1
Kem 340 MENDO 2nd 12/1; SHANNON SPRINGS 6th 14/1; OWLESBURY DREAM 10th16/1
Exe 350 KILLING ME SOFTLY 3rd 25/1
Exe 425 no bet
Kem 450 COCKATOO 16/1; MAJOR MILLER 12/1

At 1pm you would have backed these...2 extra in the 350.
Kem 230 DIEGO VELASQUEZ 12/1 and FIRE AND RAIN 14/1
Exe 240 CAPTAIN BECKETT 5th 14/1; MASJOOR 9th 10/1; BOLLITREE BOB PU 20/1
Kem 340 MENDO 2nd 12/1; SHANNON SPRINGS 14/1; OWLESBURY DREAM 16/1
Exe 350 ROYAL HILARITY 10/1; WEATHER PERMITTING 10/1; KILLING ME SOFTLY 25/1
Exe 425 no bet
Kem 450 COCKATOO 16/1; MAJOR MILLER 12/1;

So if backing at 1030 you would have backed 11; at 1pm 13...but at both times you would still have caught FIRE AND RAIN; KILLING ME SOFTLY and COCKATOO.

*********************
LayingFemales

The recommendation is to lay only between 2/1 and 7/1 Bookmakers' SP at the off. If you can't lay in that price range then it's recommended to leave it. There will always be another one but of course if you wish to lay outside the price band that is your choice. They are still getting beat but when you start laying above 8.0 you are entering an area where it becomes harder to recover after a losing lay and you can be giving prices above the true chances of the horse winning. If you are using a bot to lay I would set it to lay only between say 3.2 and 8.8.

If you're unable to lay before the start of the race there is always the inrunning option as it may fall inside the recommended price range during the race although all results are shown only for horses that started the race between 2/1 and 7/1. This is where the "Keep" function on Betfair is useful...means you can put up a request to lay the horse at an acceptable price to you before the race starts and it automatically sits there waiting to get matched even when the races switches to InPlay so you can go and do important things like walk the dog or shopping and not have to sit in front of the computer. Be warned though, if you put up a Keep request and then there is a horse withdrawn before the start of the race, then your offer price gets reduced by whatever the Reduction Factor is for the withdrawn horse.

The method used to select the lays pinpoints horses that have race conditions stacked against them. Obviously they are all female horses we are laying in mixed sex races.

Recommended staking is to lay to win 1 point so if you were to lay at a maximum of 8.8 the most you would be risking is 7.8 points. I would recommend a bank of 50 points so if your bank is £500 you would lay to win £10 per horse. Occasionally we will have a BANKER lay where I recommend a double stake of 2 points.

Results for LayingFemales to date are posted here>>> http://www.onlineoffersforyou.com/forum

***********************

FREE money from BETFAIR

Please note: If you don't already have an account with Betfair then you should open one as soon as possible. Enter the following code in the Refer and Earn box and you will be eligible for up to £680 in bonuses. 7CL7MGWNA

( Important: The exact code must be entered in the Refer and Earn box in order to qualify for the bonuses).

**********************
Daily Email

Please don't email me saying you haven't received it. I keep pointing out that email is unreliable and is often delayed or undeliverable and that hotmail/aol addresses are by far the worst to deliver to. I send you the email TWICE a day from two different emails to increase your chances of actually receiving it and I also mail it to myself so I can see if it is getting through or not.

Anyway you really only need to receive the email to get any password changes for the "Daily Email" thread as the daily email is also posted there as backup.

The "forum" itself is READ ONLY. You cannot post on it and you don't need to log in to read it. The ONLY time you need to log in is to read the Daily Email here>>> index.php where you get asked only for a password. There is no username.

**********************************
Security issues

Get used to the password changing several times a month. Furthermore the information is for your eyes only. Do not pass it on to anyone else. Anyone found to do so will have their membership cancelled immediately. It is not in your interest to have a lot of people getting this information and all wanting to lay or back the same horses. That is why I do not want many subscribers...50 maximum...just enough to make it worth my time. I only ever take on enough members to make it worth my time doing this as I make a living from my own betting and have done for over 20 years. I actually do the tipstering because I enjoy the challenge of it but it does take up a lot of time.

If you see anyone posting selections for any of the above claiming to know what the selection method is then they are lying because I am the only one who knows them and I have never put them on paper. There are too many variables that nobody could possibly work them out either. Also if you see anyone reselling the information please report it to me so I can take action. It is in your interest to do so.

***********************
holygrailsystems
 
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Sticky info

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Re: Sticky info

Postby holygrailsystems » Tue Oct 20, 2009 5:14 am

Laying below SP

Remember if after you have laid the price drifts out massively before the off then you should consider backing back a little at the big odds which will greatly reduce the average price you give...also means you will have laid at an average price well under the SP.

eg. ROCK ME yesterday

I laid 70 @ 6.8 so my risk was 406. A minute or so before the start he was 9.2 and I backed 20 @ 9.2 which would have returned me 164 should ROCK ME had won so my risk 406 - 164 = 242 and then I stood to win 50 should ROCK ME not win the race....before commission of course. This means I had now laid ROCK ME at an average price of 242/50 = 4.84/1...so I had laid ROCK ME below 5/1 when it was returned SP 7/1.

This is why I laugh at the numpties on the forums that blow smoke out their ears when anyone dares to suggest that you can't lay at or below SP. There are many ROCK ME situations every single day meaning you can lay horses below SP.

Boosting your average price when backing

GILT EDGE GIRL was a classic example of this. In the last few minutes before the race the price fell dramtically. Over an hour before the race when she was generally 7/2 with the bookmakers the return for a place with them would have been 1/5th the odds so 0.7/1 (1.7) yet on Betfair over 2.0 was on offer which I couldn't believe so you can see I lumped on 600 @ 2.01 at 1630.

2009-10-19
17:46 9224835409 2009-10-19
16:30 GB Ponte 19th Oct / 17:40 To Be Placed / Gilt Edge Girl
Back 2.01 600.00 Won (606.00)

Within a minute or so the price dropped around 0.1 of a point and you can see I laid back 369 in total at 1.90/91/92>>>

2009-10-19
17:46 9224839769 2009-10-19
16:31 GB Ponte 19th Oct / 17:40 To Be Placed / Gilt Edge Girl
Lay 1.92 123.00 Lost (113.16)

2009-10-19
17:46 9224841258 2009-10-19
16:31 GB Ponte 19th Oct / 17:40 To Be Placed / Gilt Edge Girl
Lay 1.91 123.00 Lost (111.93)

2009-10-19
17:46 9224843342 2009-10-19
16:31 GB Ponte 19th Oct / 17:40 To Be Placed / Gilt Edge Girl
Lay 1.90 123.00 Lost (110.70

4 minutes before the start time the price had dropped even further and I decided to lay another 131 @ 1.76>>>

2009-10-19
17:46 9225648606 2009-10-19
17:36 GB Ponte 19th Oct / 17:40 To Be Placed / Gilt Edge Girl
Lay 1.76 131.00 Lost (99.56)

This meant that I had bet 600 and laid back a total of 500 so my risk was 100 and I stood to win 606 - 113.16 - 111.93 - 110.70 - 99.56 = 170.65

So I stood to win 170.65 for a risk of 100 means my average price was 1.7/1 (2.7)...and that was for a place remember!...she started at 5/2 (3.5) to WIN the race. The bookies return for a place would have been 0.5/1 so I ended up with more than TREBLE their odds!...and I was on her to place at just a little under 7/4 when her win odds were 5/2.

See how if you make use of the price movements you can greatly enhance your returns when backing and reduce your risk when laying and it's why I keep preaching that to be successful at this game you need to be prepared to do a bit of work and not just sit back and back or lay at whatever price is on offer at the time. If making money sportsbetting was that easy everyone would be doing it.
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Re: Sticky info

Postby holygrailsystems » Wed Oct 21, 2009 11:34 am

KANISORN 2/1....SP 6/5

When KANISORN ran I achieved an average price of close to 2/1. Its' returned SP was 6/5. It didn't win but it was a classic example of how easy it is sometimes to beat the SP by a considerable amount and enhance profits tremendously over time, often turning what would otherwise be a system that makes a small profit or even a small loss if you backed every runner at SP into one that makes a living.

There are horses running with betting patterns like KANISORN every day. This is the Betfair graph for KANISORN just before the race started.

Image

You can see some opportunist/lucky blighters got on very early at 3.7 (2.7/1)...just under 11/4. The price then plummeted to 2.75 and then had a period of hovering between 2.75 and 3.0. from 3.0 there was then a sustained period where the price dropped.

I wanted a stake of £60 on KANISORN. When the price had dropped to 2.8 there was far more money waiting on the Lay side to be matched than on the Back side indicating that people were wanting to back KANISORN and that most likely the price would continue downwards.

So I backed £100 at 2.8 (1.8/1) to win £180. You can see from the graph the price carried on shortening. I laid back £40 when it got to 2.4 so giving back 40 x 1.4 = £56 so my risk was now £60 and I stood to win £124 if KANISORN won the race. So I now had a bet on KANISORN at average odds of 2.06/1...just over 2/1.

I could have got this up a lot higher if I'd waited longer as the price continued to fall all the way to as low as 2.14 near the off and the last price matched before the race went inrunning was 2.28.

KANISORN actually finished 2nd at returned SP of 6/5...I was on at just over 2/1. It didn't win but I had got 66% greater than the SP. If I'd wanted to I could have laid the whole £100 back and had a free bet or laid more than £100 and made a profit whether KANISORN won/lost the race....but I didn't. In fact KANISORN was matched inrunning as low as 1.25 (1/4)! I could have laid back inrunning at a very low price and guaranteed a decent profit either way.

It's takes just a little effort to regularly beat the SP by significant amounts and boost profits considerably.

BREMEN was almost a carbon copy and was easy to have a very nice free bet or guaranteed win. In the last 10 minutes before the race started the price crashed in from 2.6 to odds on 1.8. So you could have backed it at a decent odds against price before it went odds on and became a no bet for the system. When it went odds on you could have traded by laying back your whole risk to gain a very nice free bet or laid a bit more back at the much shorter odds and guaranteed a profit whether BREMEN won or lost.

BREMEN did actually win but doesn't show in the results because it was returned SP odds on yet you could have made a nice little profit out of it.

There are KANISORN'S and BREMEN'S every day. Watch those graphs!!
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Re: Sticky info

Postby holygrailsystems » Wed Oct 21, 2009 11:35 am

Q) When do you find the best time to back the place bets...in the live market or in the morning?

A) That's a $64000 question as getting the best price is not an exact science and it's impossible to get it right all the time. You can back early and then sometimes the price drifts...or the other way round, don't back it early and then the price crashes down during the day...actually the price crashing is the best time to back if you can latch on to it near the start of the fall...I'll show you how shortly.

There are several ways to back and in a perfect world you would be on the computer all day monitoring prices and moving in when the time is right...but that's just not feasible so we must do the best we can depending on our personal circumstances.

I try to make a decision based on the forecast price as to what price I'm happy with and if it's available I would probably back early...that's if the price I'm happy with is available for the amount I want, which often it is not as liquidity early in the day can be very poor. Sometimes I'll back maybe 1/2 my stake early on and the rest nearer the off.

Obviously the best way is to continually watch the market and when the price starts to shorten back then.

If you're stuck for time and can't monitor during the hours before the race, the best way is probably to be watching the bookies live betting show on a bookmakers' site or http://www.sportinglife.com horseracing/live shows 10 minutes or so before the race and when the "first shortening show" price occurs in the win market, back the place then, eg. say the betting show went 6/4; 13/8; 7/4; 15/8; 7/4...back it at that point. If the price drifted out and continued to do so, don't back it until right near the off.

Remember too you don't have to take the price that is offered on Betfair...you can ask for a price and maybe get it matched by somebody. A horse could be available to BACK at 1.42 and to LAY 1.48...so you could put up a request for 1.47 and be first in the queue to get matched. You then have to monitor your bet to see if it gets matched, or someone might jump ahead of you with a lower price request and you need to reduce your price. You also run the risk then though of not having taken the 1.42 and someone else does and the price falls further and you end up with only 1.40 or 1.39 when you could have had 1.42.

The way to significantly boost your average price though is to spot when the price is dropping and looks likely to continue to fall. Yesterday there was a horse that opened at 2/1 and got backed all the way down to 11/8...the place price went from 1.38 to something like 1.28 at the off. If you follow the advice to back at the first shortening show you would have backed when the price went to 15/8 and at that time the place price was I believe 1.38. Say you wanted to back 50 on the place...you look at the price graph on Betfair and if it looks like the trend is the price falling and looking like it will continue to fall you could back maybe twice the amount you actually want so 100 @ 1.38. A few minutes later the price has fallen to the point where you can LAY it at 1.34, so you LAY 50 @ 1.34.

Sou you've backed 100 @ 1.38 = +38

Laid 50 @ 1.34 = -17

So you now stand to make 21 and your risk is 50 which means your average price is 1.42.

The horse continues to get backed and the price falls further to 1.28 at the start of the race...but you backed at 1.38 and ended up with an average price of 1.42...that is exactly 50% greater than the price it was at the start of the race.

This technique of backing more than you want when the price is falling and then laying back has the same effect of boosting average price when backing in the win market too.
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Re: Sticky info

Postby holygrailsystems » Wed Oct 21, 2009 11:36 am

Although most of our investments are done on Betfair there are often times when it is favourable to bet elsewhere. Contrary to what Betfair may promote, they are not always the best price. You will be surprised at prices that can be achieved at some of the other exchanges if you ask for them!!

These are the most useful though apart from Betdaq liquidity is low on the others.

http://www.betdaqracing.com
http://www.wbx.com
http://www.ibetx.com

Also, there are often times when you can actually get better prices with bookmakers than on Betfair. Remember when you are BACKING on Betfair you pay up to 5% commission from your profit if the bet wins. eg: Dobbin is 2.76 on Betfair and you see that bookie S*d J*mes is offering 7/4 (2.75). If your commission on Betfair is the full 5% it means your return is 1.76 x 0.95 = 1.67 so by doing your bet with the bookie you are getting 0.08/1...effectively you are getting 5% bigger price by betting with the bookie.

http://www.oddschecker.com is pretty useful to see what prices are on offer and which way they are going.
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Re: Sticky info

Postby holygrailsystems » Thu Jun 10, 2010 2:39 am

This "forum" is now defunct and has moved to>>>

http://hgsystems.46.forumer.com/
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