doing the do..

The sport of kings.
freddy
Posts: 1132
Joined: Sun Aug 01, 2010 8:22 pm

Where do i send my money for these quality lays :lol:
PvtR1ZLa
Posts: 20
Joined: Fri Apr 13, 2012 7:36 am

freddy wrote:Yeah I saw that, but it was just a list of numbers really ;) ,
There were no horse names and all were posted after the races were run.

Even if they were all genuine it was such a small sample size and nothing to suggest It was a profitable system.
His numbers mirror the results email i receive each evening. He won't be best pleased at the start of this month though, after +18.0 points profit for last month, the system has started with 4 losing (er winning) lays already. It would be interesting to see how much of his starting bank is left.

Regards

Rizla
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Ethanol
Posts: 148
Joined: Thu Jun 09, 2011 9:09 am

PvtR1ZLa wrote:His numbers mirror the results email i receive each evening. He won't be best pleased at the start of this month though, after +18.0 points profit for last month, the system has started with 4 losing (er winning) lays already. It would be interesting to see how much of his starting bank is left.
It's true. He PM'd me yesterday's horses prior to the off, and unfortunately (for him), they were both first past the post.

PvtR1ZLa: Does this system have a consistently positive ROI, month after month?
PvtR1ZLa
Posts: 20
Joined: Fri Apr 13, 2012 7:36 am

Ethanol wrote:PvtR1ZLa: Does this system have a consistently positive ROI, month after month?
It's makes on avergage +10.0 points a month.
freddy
Posts: 1132
Joined: Sun Aug 01, 2010 8:22 pm

PvtR1ZLa wrote:
freddy wrote:Yeah I saw that, but it was just a list of numbers really ;) ,
There were no horse names and all were posted after the races were run.

Even if they were all genuine it was such a small sample size and nothing to suggest It was a profitable system.
His numbers mirror the results email i receive each evening. He won't be best pleased at the start of this month though, after +18.0 points profit for last month, the system has started with 4 losing (er winning) lays already. It would be interesting to see how much of his starting bank is left.

Regards

Rizla
oh ok thanks, that makes much more sense now :)
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LeTiss
Posts: 5464
Joined: Fri May 08, 2009 6:04 pm

That must be the easiest money in the world

Set up a tipster advice site, recruit some desperados, and let them take the financial strain, whilst you pay this month's mortgage with their hard earned membership fees

Perhaps I should start some shit like that :)
PvtR1ZLa
Posts: 20
Joined: Fri Apr 13, 2012 7:36 am

LeTiss 4pm wrote: Perhaps I should start some shit like that :)
If you could average over +10.0 points a month with not one single losing month in the last 12, i'd gladly sign up to your shit!
Iron
Posts: 6793
Joined: Fri Dec 11, 2009 10:51 pm

I used to take that view myself, only to find the tipping service I was following crash and burn.

The fact that someone has made a profit every month over 12 months doesn't mean that they have a permanent edge. They could have just been lucky. Also, changes in racing and improvements in market efficiency over time can destroy an edge.

Jeff
PvtR1ZLa wrote: If you could average over +10.0 points a month with not one single losing month in the last 12, i'd gladly sign up to your shit!
freddy
Posts: 1132
Joined: Sun Aug 01, 2010 8:22 pm

they are all nonsense imo, most edges come getting good odds and they disappear pretty quickly especially if you go and advertise them :lol: .

100 people following the same system can have wildly differing results.

the daily donkey was my all time favorite laying tipster, making thousand they were laying at ISP :lol:
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JollyGreen
Posts: 2047
Joined: Sat Mar 21, 2009 10:06 am

How much would you pay though? I could find lots of losers at short odds but it takes hours of study based on years of knowledge.

However the comment about clients with the same information and still having wildly different results is so true.

I did this on a couple of sites in the past, not only laying but backing horses that were overpriced and trading out when the market caught up. I also gave horses to back in the early days with a winner at 100/1 (pre Betfair). You would think that everyone cleaned up but the feedback from some was "I didn't bother because the price was too big!"

When Betfair was in full flow I gave plenty of horses at 50 60 65 that actually went on to win and plenty of that price that went 1.10 - 1.80 in running. Again, you'd think people would've cleaned up but they still lost money with one saying "I felt sure it would drift back out so I layed it!" and another saying "I traded out in running and then laid it as I didn't think it could win" or "missed it, went to the pub instead, what will win the next race?"

Now some people did win decent money but it shows that you can lead a horse to water....forgive the pun!

The biggest issue for me is timing. If I see a horse at 3.50 and I have it as a 3.50 shot then I am not going to get involved. If the lemmings smash the price into 2.76 then I will lay it but that happens 2-3 minutes before the off. That reminds me of the advice service I wrote on a site. I always gave a price recommendation so if the horse wasn't 4.0 it was no bet. Sadly, the price smashed into 2.88 so they all lumped on and it lost. You can imagine the vitriol that followed when I said at least it was a stupid price and we didn't get involved!!

So there are people who will genuinely find good prices but then they get nothing but **** no matter the result. The conmen don't care and take the money anyway and they're uselss to be honest, something that you guys are already aware of!

JG
PeterLe
Posts: 3724
Joined: Wed Apr 15, 2009 3:19 pm

I think information like that is invaluable IF you stick to the implicit instructions. I certainly remember one if the sites you mention and I did very well. I didn't have the knowledge myself of the horse racing markets (still don't!!),so very worthwhile.
My thoughts are that perhaps the target audience wasn't quite ready for such a service at the time, it wasn't mature enough if you like. I for one would use that same information differently now.
maybe a service like that BUT targeted at a select client base, would work in the current environment?
Regards
Peter
Zenyatta
Posts: 1143
Joined: Thu Mar 11, 2010 4:17 pm

PvtR1ZLa wrote:
His numbers mirror the results email i receive each evening. He won't be best pleased at the start of this month though, after +18.0 points profit for last month, the system has started with 4 losing (er winning) lays already. It would be interesting to see how much of his starting bank is left.

Regards

Rizla
For those following the thread, 007 got totally wiped out, when nothing but favourites under 4.0 romped home all day today.

Some high-lights:

Huntingon 12.45, McVicar 1.41, won
Huntingon 1.15, Hildisvini 2.77, won
Huntington 1.45, Oscar Hill 3.07 won
Huntington 2.20, Benny the Swinger, 2.44, won

Carlisle, 1.00, Rupert Bear, 3.14 won
Calisle, 2.05, Ifyousayso, 1.23 won
Carlisle, 4.15, Vinstar, 1.77 won

Moral of the story: Stick to trading folks.
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