Traditional betting deals with wagering on which contestant will win the game. The punter makes his bet at the bookmaker’s odds and if he wins he receives his original stake plus whatever the odds were. This is also known as “back betting” because the bettor is “backing” one team over another.
Lay betting, on the other [...]
Intelligent Betting 101 : The Importance of Good Selection Systems.
When a bet is placed on a horse, there are two choices: a selection system can be used to identify those horses which should be layed to lose or backed to win, or random amounts of money can be placed on randomly selected horses running in [...]
Intelligent Betting 101 : Understanding Betting Exchanges.
If a horse is backed to win, there are two options: The bet can either be placed with a bookmaker or on a betting exchange.
If a horse is backed to lose (layed), there is only one option: The bet must be placed on a betting exchange since [...]
Since 1990 when a computer whiz called Andrew “Bert” Black developed the technology that allows betting exchanges to work the horse racing fans options have widened. Before the punter was limited on backing a horse either to win or be second or third. The new exchanges changed all that.
Now a punter can select whether to [...]
Most of us are familiar with the straight forward win or lose bet where if your selection wins so do you and if not you lose. Most people also understand the concept of place betting when you bet on an event where there can be a first, second and third placed finishers. However, on Betfair [...]
It may not exactly be alchemy but the idea of risk free betting must be the next best thing. There are plenty of books and systems on the market claiming to show the horse punter how to achieve just that.
Besides the term “risk free” you may also come across the words “arbitrage” and “trading“. The [...]
UK Premiership Football Relegation Predictions from the Betfair Front Room Five.
Sireage
In so many 2 year old races and maidens you will find a lot of young horses being run for the 1st time.
How do you even attempt to analyze the potential form of such horses and whether you should include them in your field or not.
The answer is of course partly to look for news [...]
Juvenile Flat Racing – Major Factors – 1992 – 2009:
Time of Year
* March 127 favourites, 29% wins
* April 632 favourites, 36% wins
* May 1371 favourites, 40% wins
* June 1900 favourites, 41% wins
* July 2639 favourites, 42% wins
* August 2777 favourites, 38% wins
* September 2617 favourites, 37% wins
* October 2111 favourites, 36% wins
* November 883 favourites, [...]
Handicaps form over half of the races in the UK racing calendar.
Any punters looking for long term profit from the betting markets will know that handicaps cannot and should not be ignored.
The fact that these races are by far the most complex and difficult to predict can be used by professionals to identify excellent “value” [...]