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13th June 2008

Todays ramblings
Good Morning.

Another good day on the Guest back and lay selections yesterday with both winning again.

I think I am going to break my Saturday rule with these two (I hope I don't regret that one) and also bet on tomorrows.

It's quite interesting because at the moment I am running 3 systems on one test bank, which I don't normally do, but I want to play around with some ideas based on the profit over all 3 systems.

I am at the moment doing the two guest selections using £5 liability on each and I am doing really small stakes with the New Greyhound Lay system, which from today, I am going to start using the Cashmaster (I wrote an excel spreadsheet to work with GHB, but you will have to ask Graham at cashmaster for it, because it is his staking plan) staking plan with but I am going to stop at a profit of 3 times my stake, because it is quite aggressive.

What I want to work out is how to change the stake on each selection everytime the bank increases, which at the moment is every day!

Yesterday my bank increased by 3.36 over the 3 systems, ok I know this isn't much at the moment but it does mean I could take a % of this profit and increase my stakes on all 3 systems or I could choose a % of the bank for each selection and just re calculate this every day?

If you take the back and lay horse racing selections then I am actually using over 10% of the bank on each, which is far higher than I normally would. But as this is a test I am being less lenient on myself than I normally would. What I think I am going to do though is keep these two at £5 until I have a bank of £50 then I will change to 10% of the bank for my liability on each selection, dropping this back down to £5 if the bank should drop below £50

The greyhound selections are a little trickier because the Cashmaster staking system can get a little aggressive so 3 losers in a row could get expensive but at the same time I want to keep going until I get 3 losers so I may use a stupidly low figure for staking of say 0.2% of my bank. I know this sounds a low but we are also going for 3 x our stake profit so we should be contributing 0.5% or more to the bank every day.

Anyway I will try this for a week and see what happens.

If you are a subscriber to GHB I am going to start putting the session file up for you (mon to fri)

The settings in this session file are odds 1 to 6.00 and 0.10 stake so you may want to use your own stake settings, which you should do anyway because I could make a mistake!

We have had a lot of request for further information about the back/lay4profit selections but we just want to test them for a couple of more weeks before we decide what to do with them.

Don't forget to sign up so you get the Saturday selections

Have a great weekend.
Darren Power is the Editor of the Betting School

Laying Longshots

I hear from a lot of people who lay big outsiders in the Betfair horse racing markets at ridiculous prices. They tell me how they never win and that it's easy money. Generally these gamblers think that the outcome is so unlikely that they are prepared to risk a large proportion of their betting bank on each bet.

After the initial bullishness usually one of two things happen.

They either disappear to never be heard from again or the ones that are more committed come back to tell me how they learned their lesson.

The lesson is that if you are not striking a value bet you will lose in the long run and if you are laying at 100.0 on a 34.0 chance then sooner or later you will lay a winner and at those prices the unprepared will lose their bank.

I read a little factoid the other day which I thought illustrated this well.

Back in 1962 a guy called into the head quarters of William Hill and asked for odds on a human being walking on the surface of the moon before 1970.

He was quoted 1,000/1 and placed a £10 bet which was more than a weeks wages. The rest as they say is history.

The lesson is that 1,000/1 shots can win and that you should always have the value on your side and have a bank that will cope with a losing bet even when you think its impossible to lose.

Darren Power is the Editor of the Betting School Insiders Report which is dedicated to helping you to profit from your betting. You can register for a free sample copy of the report at
New Greyhound Lay system I had come up with.

After some thought I think that the only way to run this system is as a "Stop in Profit". I am going to keep the maximum odds set to 6.00 and I am going to be a little naughty and add in a lay ladder staking plan.
If you are a subscriber to GHB I am going to start putting the session file up for you (mon to fri)
The settings in this session file are odds 1 to 6.00 and 0.10 stake so you may want to use your own stake settings, which you should do anyway because I could make a mistake!

13:04, Sund, Rainham Lady
13:33, Sund, Jubilee Ace,
13:44, Sheff, Locnamon Alice
13:51, Sund, Twilight Chief
14:18, Crayfd, Stisted Leeds
14:27, Romfd, Baby Bucket
15:28, Romfd, Pretty Miss
16:57, Crayfd, Angel Princess
17:17, Crayfd, Too Much Lolly
17:56, Romfd, Classy Deposit
19:58, Newc, Ludworth Tucker
20:22, Sittb, Ascot Ted
20:51, Sittb, Tommys Legend

I started the selections late yesterday and then forgot to get a screenshot. I started at about 14.27 had 2 losers and then won and stopped on the next win. Not sure what happened to everyone else.


11:19, HGrn, Lagganmore Power
11:42, Wstow, Granary Girl
13:19, HGrn, King Speaker
14:18, Monm, Elderberry Nemo
15:48, Swin, Tropical Fantasy
15:58, Monm, Elderberry Paris
16:18, Monm, Mineola Nike, L
16:57, Monm, Tyrur Rocky
16:57, Monm, Ninja Jamie
16:57, Monm, Marbeck Wonder
17:17, Monm, Pond Gallileo
17:22, Swin, Honey Pearl
17:22, Swin, Coran Singer
17:33, Monm, Terrydrum Circle
17:56, Swin, Flying Back
18:18, Monm, Rest De Best
19:06, Nott, Corleones Spark
19:22, Nott, Rathorpe Prince
20:22, Nott, Forlovenotmoney
21:07, Nott, Ballyea Honcho
22:22, Nott, Hansom Commander
22:23, Sheff, Lisnakill Franny

Please remember this is a new test (well not that new!) and there are no rules yet, in fact the only rule I can think of is maybe miss races where there are two selections.

Guest Selection (back 4 profit)

This is a new back test.

I am going to show dutching with a £5 stake split between the two bets using my dutch calculator .

I am not sure about NR's, the favourite does tend to win most of the time, with the second favourite about a 3rd of the time so it could be worth backing the the second if the favourite is a NR. If the second favourite is a NR then you can take the next runner in the betting.

7.15 Uttox:
Double Mead EP 2.00 2nd 13/8
Lord Alfred EP 8.2 1st 10/3

There was a NR is this race but I didn't get a reduction in price so I won £3.04 on a £5.00 dutch.

6.05 Aint:
Mutual Friend EP 2.34
Saviour Sand EP 4.2
If either win today I should get another £2.5 profit.

New Lay Test (lay 4 Profit)
I am just taking £5.00 and dividing it by the odds to get my stake.

2.50 Yar: Silver Thatch EP 17.00 7th 14/1

.3.35 M.R. Anticipating EP 5.8

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Gray's Lay's

Comments for today: 2 horses today ORMELLO 1945 Aintree and OH SO SAUCY 2115 Chepstow both 1/2 a point. Good Luck Graham and Brian

Selection 1: 1945 Aintree Ormello
Selection 2: 2115 Chepstow Oh So Saucy

Gray's Lay's

Malcolm's Selections

Best Lay of the Day
15.35 Hayd, Rash Judgement 6th 3/1

Today: 15.5 Sand, Mexican Venture

Please Note: The lay betting system is actually 4 systems in 1 and I will choose one of the selections for this tip.

You can purchase the system formula:

The Lay Betting SystemAdvantages of owning the system:

1) Pick more than one race a day
2) Make a selection later in the day (normally more choices)
3) Password protected forum so you can talk to other owners.
4) UK or IRE races
5) Bonus Systems and regular updates.
6) Now on V4
7) 3 systems, 1 for flat 2 for Jump/Chase
8) Owners get free updates
9) Now includes Lay Place System.
10) Now includes AW System
11) Now includes the Investment System
If you own your own website you can makes some money by promoting the "Lay Betting System"


You can also have this tip delivered as content to your own website.
Click here to find out more.

Place System: Started 20-11-2006

This is a Betting Exchange only place system, you can see the results so far here. Prices are a snapshot from the morning between 8 -9. 3 Place 8 runner races only.
Points since we started + 62.40
Points new system (30/07/07) +23.95

14:30, Haydock, Kings House EP2.36 4th
14:50, Yarmouth, Debbys Boy EP 3.55 2nd
15:50, Newbury, Rosa Grace EP 2.22 (*) 1st
17:15, Haydock, Bajan Parkes EP 2.22 8th
18:30, Fontwell, Comeintothespace EP 2.82 (*) 8th
19:30, Fontwell, Contra Mundum EP 2.82 (*) 4th
20:30, Fontwell, Good Old Dayss EP 3.2 (*) 5th
21:00, Fontwell, Allez Melina EP 4.00 (*) 7th

15:25, York, Four Miracles EP 2.34
17:15, Market, Galapagos Islands EP 2.08
18:30, Chepstow, Hay Fever EP 2.22 (*)
19:35, Chepstow, Purely By Chance EP 2.4 (*)
21:15, Chepstow, Finsbury EP 2.8s

(*) No bet under new system idea


Back test system
Started 13/12/2007. We orginally tested this as a "lay" system but I felt the results were better suited to a "Back" system and so that is how we are now testing it.
£10 stakes.

Level Stakes
£-11.86(after 5% commision) Started 25/01/2008
Using a staking plan similar to CashMaster, started 11/3/2008 after a win on the 10/3/2008.
Bank(staking plan) + £58.94 (staking running loss 3.07 )
14:40, Newb, Ghaidaa EP 1.73 (no staking price is under 2.00) 1st 1/2

17:05, York, Tcherina EP 4.6s

Remember this is just a test and we are paper testing laying these selections.

Other Information
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Have a good days racing.


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