12th August 2009
Finally got a win lay yesterday
with Mt Kintyre who went off at 5/4 and came 8th out of 9.
Today I am looking at two
14.20 Yarmouth, Italian Tom
Both are a little high at the
moment at around 2.88 I will see if they come down to nearer 2.5 later in the
Well after all the e-mails I had
yesterday regarding how much you would pay for the system that produced these
I would be able to make quite a
bit of money today!
It was really interesting to see
the range of prices offered and I really appreciate your honesty on this.
Now what I am about to say may
offend some people but it really isn't my intention. I want to make a point and
yesterday proved that I am correct in my assumptions.
From all the e-mails I got only
a few questioned or commented on the actual results, many of you just looked at
the "bottom line" and presumed an easy way to make money and what is worse, a
few people seemed were very serious about paying me an awful lot of money.
Ok I know some of you were
kidding and probably wouldn't hand me £200 based on the results chart but
I can tell you from watching other "system sellers" in this industry that it
does happen and far to frequently.
I didn't lie about the results
they were actually from a back tested system and confirmed on Porform as well
but I have hardly tested them at all live, although I am watching them . There
was a selection yesterday and it came in within the price range but lost.
Anyway here is one email that
was sent to me yesterday...
"Firstly, to answer your
question, No, I would not be interested in the system. The reasons are are
MAL - The sender wants to remain
anonymous but he makes some valid points.
"(1) From 1st Jan 2007 to end
of May 2007, it didn't make any money. Neither did it make any money from
mid-July last year until mid-July this year. Putting effort into this system
for a whole year without return does not represent good value to me, and would
certainly have put me off using the system. Consequently, it would also have
put me off buying any further systems from you. "
MAL - Now how many of you saw
If you had purchased this system you would have given up after a
couple of months.
"(2) I only use betting
exchanges and I notice you haven't deducted any commission from the results, so
the profit quoted would be less impressive. And of course, during the periods
mentioned above, the system would have made a loss."
MAL - I did argue
this wasn't really a valid point as you could get the prices from the bookies
and watching the prices on Betfair they tend to be higher than the 5%
commission you would have to pay.
"(3) Its not clear whether the
selections/results have been proofed in live racing, or generated from
historical data. The majority of system developers fall into the trap of
creating systems based on historical data, and assume its success will carry on
likewise into the future. "
MAL - Very good point and I have
already mentioned that this is exactly what I did, although unlike many "System
Developers" I did use two sources to confirm the data.
"(4) Most systems use the
Racingpost website, which is now an additional expense that cuts into potential
profits. So if this system used RP, I wouldn't be interested. Sorry for the
negative reply. I do recognise though that the bank grew by about 3000% between
May'07 and May'08, but that may have been the period for which the rules of the
system were tuned for maximum return. Really I prefer to see more consistent
return over time. "
MAL - The system can use any
source although I have only had to pay RP £7.50 a month for the
information I need for most of my systems.
Anyway thanks for the email and
I appreciate the feedback and honesty.
So I wonder how much you think
the system is worth now?
And I hope you appreciate my
Ever had that problem where you
want to paste the odds into a spreadsheet from a web page but excel formats
them to a date?
A quick solution from me...
|Don't forget to follow me on
The idea is really to select "one a day" to
lay bet (http://www.laybetting.com/) on betfair or
betdaq, which should be the shortest price. David has set a maximum price limit
of 12/1 or 13 on betfair. The main rule (and one we have started to use across
a number of our systems) is that you should not bet if the reduction factor for
the race is 10% or more.
Amtaar 2nd 9/1
18:40 Muss, Mercers Row 3rd 9/1
20:10 Muss, Doric Echo 5th
16:50 Bev, Magic Haze
18:20 Ham, Miami Gator
Ham, Medici Pearl
Download these tips to use with the bot by clicking the following link or copy
and paste it into your browser.
No bet if the reduction factor is 10% or more.
To get these selections
Monday to Saturday then click the link below.
Sponsor product of the day (please take a look you never Know!)
got hold of the rights to the Lay Investor system because Les
gets involved in racing. I mentioned the results are out of date
but if you
are interested in getting hold of this system at a very special
out the page here...
Sponsor Tip of the day.
Time: 15:35 Race: Salisbury
Time: 16:30 Race: Yarmouthouth
Tip: Broughtons Silk
for this tip: Only if first wins
Time: 18:55 Race: Hamilton
Comment for this tip: Only if first 2 win
Time: 19:45 Race:
Comment for this tip: Only if first 3
Time: 14:20 Race:
Tip: Italian Tom
Comment for this tip: Early BF 3
Time: 18:35 Race: Sandown
Tip: Al Ghazal
Comment for this tip: Early
Best Lay of the Day ("1
Lay a day from my
Today: 16.50 Bev, Upton Seas
Please Note: The lay betting
system is actually 4 systems in 1 and I will choose one of the selections for
You can purchase the system formula:
Please Note: I do not keep records of this tip, I just want to
show readers how good it can be but part of learning should be to watch what a
selection does daily.
You can also have this tip delivered as content
to your own website.
to find out more.
Back test system ( "A 'back'
system that I came up with a while ago")
This system is available as
part of The Pro Betting Systems e-book.
: 6:55 Nott, Dorback 6th 8/11
Today: No Selection.
Remember this is just a test and we are paper testing "backing" these
Other Information (" Here is some other info that
should help you")
"The Deadly Sins of Gambling" (make sure you check these
If you need help about anything please go to my
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7TUN3TCFP this will also give you £20 when you have reached 50
You can automate your betting with
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Have a good days
P.S. How about something different...
Also check my blog
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