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It was an excellent year for our Horse Racing Best Bets & Sports
Information in 2007 with final
profits of almost
135 points!
It was a fairly quiet end to the year with just over 4 points profit
in November and a small 2 point loss in December. Nevertheless, our
results for the year were still far superior to any other
service. In fact, our overall profits were more than 3 times more
than the best performing tipster in the
Racing-Index proofing table!
However, it wasn’t all plain sailing as we did have a few ups and
downs along the way and December certainly wasn’t our only losing
month during the year. We actually lost some 12 points in May before
bouncing back with a profit of 45 points in June!
As I have said many times before, betting for profit demands a
disciplined approach and it’s essential to set up your betting banks
with sufficient funds to see you through the inevitable losing
spells. Those of you who followed these basic but vital rules were
rewarded with bumper profits in the end.
And, of course, all our profits are based on SP so it goes without
saying that anyone following our advice in the ‘Maximise Your
Profits’ section of the Operations Manual won a good deal more!
One way to boost your profits is to take the best early price or bet
with a firm paying above the SP such as
NPbet
or
Canbet.
And, of course, betting on
Betfair
will just about guarantee you beat the SP on every bet you have!
One recent example of how taking an
early price can substantially boost your profits was when one of our
best bets, Tartatartufata, won at 4/1 after being available at 10/1
with several firms including
Bet
Direct
who were paying Best Odds Guaranteed. (Incidentally, I know a lot of
you did not bother to take the guaranteed price with
Bet
Direct
and that really does beggar belief!)
We advised a half a point each-way so anyone betting at starting
price won £240 (assuming stakes of £100 per point). However, anyone
taking the early price of 10/1 won £600! That’s an extra £360 clear
profit from just one bet!
Another method of enhancing your profits is to ‘hedge’ in-running. I
personally do this regularly, not just on horse racing but on all
our sports bets as well. It takes a little bit more effort but the
rewards are well and truly worth it!
For example, our best bet on December
28th, No Time, looked all over the winner when taking up the running
well inside the final furlong but weakened close home to finish 3rd.
If you placed the bet with
Bet365
and took the early morning price of 16/1, it meant you made a profit
of £200 with a £50 each-way bet. (Please note:
Bet365
pay Best Odds Guaranteed on every race every day so you will have
been paid out at the SP of 20/1 even though you took 16/1).
No Time traded at odds as low 1.24 (less than 1/4) in the win market
on
Betfair
in the closing stages. Therefore you could easily have guaranteed a
huge profit for yourself simply by ‘hedging’ some of your potential
profits.
The potential return from the win part of your bet was £1,050 so
laying No Time to lose £250 at 1.40 (2/5) would have netted you an
extra £625 clear profit making a total profit of £825. (£200 profit
from your original bet plus £625 from hedging). Had No Time hung on
to win, your overall profits would obviously have been less than
they would have been had you not hedged but would still have been a
very useful £1,000! (£1,250 profit from your original bet minus the
£250 lost by hedging).
A lot of our selections, particularly our ‘outright’ golf bets, are
huge prices and although they obviously don’t all win, a high
percentage do get into contention which makes hedging an excellent
and highly profitable strategy.
Obviously, you will need an account with
Betfair
to use this strategy so, if you don’t already have one, you should
open one as soon as possible. Enter 4HLCGPEHU in the Refer
and Earn box on the sign up page and you will qualify for a bonus of
up to £680!
Our Horse Racing System Bets & Football Singles suffered a
disappointing end to the year and although they did still make a
small profit to level stakes at SP, I have to admit that the
decision to increase the stakes to 10% using the bank method was a
mistake.
The decision was taken after listening to members’ views and also
after carefully analysing results for the past two years. However,
with hindsight, I have to concede that the original, more cautious,
staking levels were probably correct all along.
Therefore, with immediate effect, I recommend reverting to stakes of
7%. Also, although this is intended to be viewed as a long term 3-5
year betting strategy, I know human nature dictates it’s difficult
for most people to re-invest everything for such a long period.
Therefore, it would do no harm if you were to withdraw a proportion
of your profits each month so you can enjoy the benefits of short
term profits in addition to building up a long term nest egg.
Obviously any profits will depend on the results improving
significantly on the last couple of months! However, this system has
had poor runs in the past and recovered quickly so I have no doubt
it will do the same again! In fact, now that I have recommended
reducing the staking levels, it’s a racing certainty that Murphy’s
Law will guarantee we enjoy our longest winning run ever!
Our Weekend Football Fixed Odds Forecasts finished the year
in profit despite the fact we have struggled to hit any sort of form
so far this season, although we did have a nice win just before
Christmas which came in very handy!
However, other than that and a decent win in October, this season
has belonged to the bookmakers so far. But, thanks mainly to our
superb win in April, we still finished 2007 in profit.
There will always be more losing weeks than winning ones with our
fixed odds forecasts as we are going for big wins from small stakes.
However I do understand it’s frustrating when we have a lean spell,
particularly for new members who missed out on our big win last
season.
The computer software we use to make our predictions has served us
well over the years and I’m confident it won’t be long before we
land a few more bumper pay days! So, provided you keep to the
staking levels recommended in the Operations Manual, it’s long
odds-on that you will come out on top in the long term!
Our Warm Horses provided countless big priced winners in 2007
including a couple of crackers in late December! Sir Don won at 16/1
on the 19th and a day later Yann’s won at 11/1 after being available
at 16/1 with
PartyBets.
I know it’s frustrating when we give such big priced winners as warm
horses rather than best bets and, believe me, I feel it more than
most when it happens!
Nevertheless, the fact we manage to come up with so many big priced
winners, even if they are sometimes not given as best bets,
certainly emphasises the overall quality of our information.
And, of course, we did get the strength of our information the right
way round on plenty of occasions during the year! After all, best
bet winners such as Glenbuck at 20/1 helped secure the 135 points
profit produced by the main part of our service so we can’t really
complain!
All in all 2007 has been an excellent year for us and our New Year’s
resolution for 2008 is simply to continue doing what we have done
for the past 12 years. And that is, provide all our members with a
genuine and honest service and work hard to try to ensure we enjoy
another prosperous year!
Well that’s all for now so until next time, enjoy your sport and
stay lucky!
Dave
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