27th August 2008

Sorry a bit late this morning, I has a very sleepless night because my cold has not quite cleared up.

We have a new guest selection today, here is what the author said.

"When I first found Lay Betting I thought, Hey this should be easy' but I have since found out its not that easy. I could easily pick a 33-1 bet most days that would be around 200-1 at Betfair but what a gamble.

However I am convinced that there must be a way of picking a reasonably priced horse to lose most days. I have therefore spent a long time checking every race since January 1st to find a System that works. It's taken a long time but I have now come up with that System, I have called it 'Good to Lay'. Results show 282, bets up to the 26th August, with 13 Non-Runners leaving 269 winning bets. Hopefully with this number of winners the System should show minimum losing bets. I don't expect to maintain 100% but hopefully, very few winners.
http://www.horseracingsystemsuk.com/Good-To-Lay.xls
(Mal - The author will send me a new updated sheet once a week)

There is only one rule: If the NR reduction factor is 10% or more (check the "Rules" tab to the left of the market) on the market then it is a "No bet". Because of this, it is obviously better to bet nearer the off."

Let's see how they go over the next month.

Lay/Back System Test ("Started 23/07/2008")

There are two types of selections here. The first is a lay tip as long as the price is under 2.00 and the second is a back tip as long as the price is 2.00 or above.

There is one thing to think about here. If a lay selection goes to 2.00 or above you could decide to back it instead and the same goes for a back selection dropping below 2.00 you could then lay this. It's probably best to back/lay these near to the "off". We are not using a staking plan at the moment, just level stakes to see what happens.

If you want you can download the selections (Mon to Fri) directly into GHB using the session/server tips option. The URL is here.
http://www.greyhorsebot.co.uk/session4.xml

The session file is set as lay, odds between 1.03 and 1.99 and 1.00 stake, and back odds 2.00 to 5.00, 1.00 stake but you should use your own option settings.

I will also upload a spreadsheet once a week with the latest results here.
http://www.greyhorsebot.co.uk/lay-back-results.xls

Lay (Only if under 2.00)
Yesterday's.
No Selection

Today's
No Selection

Back (Only if over 2.00)
Yesterday's.
16:00, GLghs, Hilbre Court, EP 2.12 1st 4/9

Today's
No Selection

Guest Selection ("Good to Lay" ) started 27/08/2008

Sponsors of the day ("Products and Tips for you to look at.")

Best Lay of the Day ("1 Lay a day from my Lay betting System")

Yesterday.
15.15 Rip, Rose Street 1st 11/8

Today: 15.40 Ayr, Alexander Hurricane

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:
http://www.makeyourhorseracingpay.co.uk

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.
Click here 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.
http://www.horseracingsystemsuk.com/go_pbs.htm

As a new idea I am going to start a more aggressive staking plan trial and stick more closely to the CashMaster idea.

Please Note: This is a trial. Please do not attempt to run a staking plan unless you understand exactly what you are getting yourself into.

New Trial Started 21/07/2008.
Start Bank £500.00
Bank Now: £0.00
We will use 5% of our current bank as our base stake (divided by the odds we get) and we will use the CashMaster system to get back loses except when the selections price at betfair is under 2.00. All winnings will be calculated -5% betfair charge. If a runner is under 2.00 and we are recovering loses then we prospone the staking plan and stake the whole 5% stake.

Yesterday.
14:45, Ripn, Needwood Lad EP 3.5 2nd 7/4

Today. 16:30, GrLe, Riggins, EP 3.45


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

 "The Deadly Sins of Gambling" (make sure you check these out)
If you need help about anything please go to my support site.
If you haven't joined Betfair yet then when you do enter the code 7TUN3TCFP this will also give you £20 when you have reached 50 betfair points.

You can automate your betting with GHB.
http://www.greyhorsebot.co.uk/

Please tell your friends about this daily tip and pass on my URL

http://www.horseracingsystemsuk.com

Have a good days racing.

Malcolm

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