Horse Racing Betting Systems

Hello, I'm John Campbell and I genuinely make a living from betting. To be honest, there are almost no profitable systems on the market and I have decided to remove the few I had here!

It is still possible to make profits from racing but the market has become extremely difficult with just too many people playing too many methods. I believe the day of popular winning systems has gone.

That said, there are a few good products on the market and I mention some here with no affiliate links. I'll also give you some free advice on how I make good money from horses. That's the view from one of my terraces - I left miserable England a while ago!

Some Home Truths...

Unless you have some clever 'edge', you'll never make money betting or laying. Even on betting exchanges - because the odds are worked out so that you don't win! Most people think that bookmakers make odds based on the likelihood of winning but the truth is, they make the odds tempting enough for you to bet and just bad enough for them to win. OK, so what about betting exchanges? Well, most of the time the odds are a little better but you have to pay 5% on your winnings and, worse if you are laying, those 'better odds' suddenly become worse odds. It's always a zero sum game minus 5%. If you use an ordinary bookmaker the odds are about 25% against you...

You may win for a while but, in the long run, you'll lose. For example, I have a system that can be run on a betting bot that pulls in 5 - 10 times the stake every day. But, it can only do this by 'recovery betting' and once every three weeks or so this fails and the loss is 120 times stakes. OK, theoretically that's still a profit but what happens if we get two (or even three) unlucky losses in a row? Our account gets wiped out, that's what! Any betting system has to be able to withstand the disaster scenario - the 'once in a lifetime event'. So, what sort of things can give us the necessary edge?

Mathematics can give us the edge but it has to be based on sound research and not just a week's worth of results. Since I don't have, and can't be bothered to get, an extensive knowledge of bloodstocks, trainers, form and inside information, I believe the main thing that can give us an edge is 'in-play' betting on Betfair. To take advantage of this, we must have some third party software like the 'BetTrader Pro' that I use. These can refresh the odds many times a second, place bets with one click and, best of all, place contingency bets in microseconds. For example, any horse whose odds drop to around 1.40 is about to win the race but we cannot manually put a bet on fast enough. If I lay a horse, I may put in 'if the odds drop below 1.46, back for £x at 1.40'. Since you get best odds, this will be as much above 1.40 as is available. I usually have over £200 going on to hedge a winning £100 lay bet. This way, I never lose anything like the full amount - a terrific edge!

Of course, this principle can be applied in may ways and is useful for laying outsiders. For example, we can lay at 30 and put a contingent back bet in for three times the stake at 10.0 - so standing to lose just under twice the stake should the horse be up with the leaders at the end. Don't use this tip with shorts odds runners (6.00 or less because they very often almost win and have in play odds well below 2.00 but still lose). A little tip about in-play betting with Betfair: use the William Hill radio from their website to get commentary that has almost no delay - unlike the several seconds delay on Betfair radio!

A last and obvious tip which goes unnoticed by many is that handicap races are quite different. Favourites are much less likely to win and outsiders more likely to win than non handicapped events. Your betting strategy must take this into account!

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