The Racing Selector, a horse laying selection service, has just been made available to the public. After tracking its results for a few months now, I have confidently bought into it seeing the strike rate and odds it lays at. But before you think that this will be a great service, you should first understand what it is, how much time you will need to commit to the system, and most importantly, whether you can afford it.
This service provides one or two horse laying selections every day. If you do not know what is horse laying yet, it is betting on a horse to lose. Many amateur punters would think that this is a very easy way to make money, since all they have to do is to lay the outsiders in every race, but this is far from the truth.
Sure, this method can give you a very high strike rate, and you may be in profit for a long time, but at some point you will definitely hit a losing bet, and that would be enough to take out all your profits and more. This is made worse by the fact that you can only lay horses on betting exchanges, with some odds being extraordinarily high on outsiders. Remember that when you looking to lay a horse, you are looking for lower odds.
2. How Should Horse Laying Be Done Correctly?
The most successful punters have a system that allows them to profit from losing horses, but do you know that they usually lay the favorite or second favorite? You may start to think that it is a crazy idea, but after reading this article, you will understand why this is so.
3. What Makes A Favorite A Favorite?
By now, you should know that the favorites in any race can be easily identified by their odds. The horse with the lowest odds is considered the favorite. Does the favorite horse always has the best chance of winning the race? Certainly NOT! The odds for the horse are decided by the amount of money being bet on them, and not on the actual winning percentages.
This is a misconception that I used to have, which I used base to make my racing systems on. As you can tell, those systems were garbage as they have lost me over $2,000. I almost gave up trying to find real racing systems until I finally discovered the real truth about making money with racing.
4. The Real Advantage In Horse Racing Profiting
To actually profit from horse racing, what you need to have is a system that can regularly find the false favorites. The system that you use should have a strike rate high enough to overcome the odds of the horses you lay at. What does that mean?
Let's use a simple example. Say you have a strategy that lays horses at 50% strike rate. For 2 horses that you lay, you will lose one of those bets. Before you fall for other tipsters' high strike rate system and think that they are better, you need to know the average odds that the system lays at. The 50% strike rate lay system will break even if its average odds are 1.0. Any odds below that would make the system, and vice versa.
Historically, The Racing Selector service has been picking horses at a strike rate of 77%, with average odds of 3.0. Simple mathematics will show that the system is profitable (77>3X23). Ever since signing up for the Racing Selector, I have not had a losing bet to date, but one is bound to come at some point. The most important point is to have the patience to let the system work out over the long term.
6. Should You Get This Service?
Profitable horse laying systems are very hard to find. Some of the successful ones also require a lot of time that I simply cannot use, because they require hours of analysis which I do not have the time to do.
The Racing Selector provides the selection with no time investment on your part. Of course, you will need to make sure that you have a betting bank established first; otherwise you may find that you cannot afford the service.
7. Free Trial Availability
Before I sign up for any tipster service, I always make sure that they offer a free trial period, in case the results are not what I hoped for. Luckily, Racing Selector offers an 8 week trial period for me to try out their system before deciding whether to keep it. 8. Conclusion
With a starting bank of £1000 in August, the system has increased the bank to £5712.42 in 3 months. To see the latest results of this laying strategy, visit the Racing Selector website to find out more.