New and learning

[GrahamD]

Hi
I've only been a member for a few days and couldn't wait to make up an automated system.
My idea was to 'back the winner' which seems quite obvious - the thought was to back the horse in play, more or less, as it crosses the line.
I made up the attached rule which should make small but almost guaranteed profits.
The problem is when more than one horse reaches the low odds and I want to be able to spread the profit, if that happens, in a close finish.
I've tried only using the rule on longer distance races where the winner is usually well ahead of second place but if anybody can adjust it to green out with any other horse which reaches the low back odds it'd be great.
Please be gentle with me as I'm brand new!
Thanks
Graham

Back the winner.baf

[gazuty]

Welcome.

Have a read or the guidance - viewtopic.php?p=265873#p265873

Are you sure you are not picking up pennies in front of the steamroller?

[Derek27]

Hi
I've only been a member for a few days and couldn't wait to make up an automated system.
My idea was to 'back the winner' which seems quite obvious - the thought was to back the horse in play, more or less, as it crosses the line.
I made up the attached rule which should make small but almost guaranteed profits.
The problem is when more than one horse reaches the low odds and I want to be able to spread the profit, if that happens, in a close finish.
I've tried only using the rule on longer distance races where the winner is usually well ahead of second place but if anybody can adjust it to green out with any other horse which reaches the low back odds it'd be great.
Please be gentle with me as I'm brand new!
Thanks
Graham

Back the winner.baf

Welcome to the forum Graham. If only it was that easy.

There is no such thing as almost guaranteed profit. A profit is either guaranteed or it's not, and in this case it's not. If you back a horse as it comes up to the line at 1.01 you need to 100 out of 101 winners just to break even. At £100 stakes, even if you get 101 out of 102 you'll have one £1 - not much after trading 102 markets.

You didn't say what you mean by "the low odds" but if you back a horse at 2.0 and another horse drops below 2.0, the horse you backed will most likely be higher than 2.0 at the time, so you won't be able to spread the profit - you'll be spreading the loss! If you look at the Bet Angel Academy you'll find some much better approaches but if you really want to back winners just before they cross the line, do it in style.

https://www.thescore.com/news/1456358