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Editor's Welcome
Welcome, welcome, welcome to Issue 12 of On Course Profits magazine, which means
we have been now sharing free systems and strategies for a full year now.
This month we have a great article from man of the moment Dr Nick Hardman which
identifies sires whose offspring will win us some profit this winter.
Gold members get the extended report with further winning sires shared.
By the way if you want to learn more about Nick's methods you can get a full Race
Trends how to as part of Gold membership - Click Here.
Moving on we have the Three Amigos system. It looks like Wendy has found a real
winning angle here and I'm excited for the selections this one will produce over the
winter.
We also have a Q and A with stats expert Mark Foley, the story of a big spending
exchange trader as well as our usual Product Reviews and Tipster Tables.
Finally we have an introduction to the Art of Staking.
I hope you enjoy this issue.
Happy Punting
Darren Power
Cost: £15.00 inc UK P&P
To coincide with the National Hunt season gearing up to full swing again the new
edition of Jumping Prospects is now out and is a must read for all jumps followers.
160 pages containing twenty stable interviews including Kim Bailey, Peter Bowen,
David Bridgwater, Rebecca Curtis, Harry Fry, Warren Greatrex, Anthony Honeyball,
Nicky Henderson, Alan King, Neil King, Emma Lavelle, Charlie Longsdon, Donald
McCain, Paul Nicholls, Ben Pauling, Oliver Sherwood, Dan Skelton, Jamie Snowden,
Tim Vaughan and Harry Whittington.
The horses detailed in last year's publication won over 250 races, 100 of which had won
by the end of November!
Get your copy HERE!
Bred for speed – the influence of the sire
on sprint horses
A few months ago we looked at the influence of sires on the ability of their progeny to
race on specific types of going. This month we continue that theme but we will be
taking a look at those sires whose progeny make the best sprinters.
We all know that classic sires like Dubawi, Galileo and Saddler’s Wells have a huge
influence on stamina but which sires have the biggest influence on speed?
Many of the prestigious flat races, including all the Classics, are run at distances over a
mile or further and so the general racegoers will be more familiar with middle distance
sires. The influence on speed is not talked about as much, simply because the sprint
racing calendar has fewer Group races.
In this article we look to redress the balance and highlight the speedy sires whose
progeny are profitable to follow. We will be looking exclusively at the performance of
their progeny over race distances between 5f and 6f and we will be looking at the period
from 2008 to present.
There are quite a few races each year over 6 ½f but we will stick to the shorter sprint
trips in this analysis. We will also factor in the ground conditions to and see if there are
any combinations of sire and speed we can put in our note books for the seasons ahead.
Red Clubs
Red Clubs was crowned Champion European Sprinter in 2007 on the back of his
Haydock Sprint Cup victory that year. That was on the back of winning the Coventry
Stakes as a 2yo and the Greenham and Diadem Stakes as a 3yo. He stood as stallion at
Tally-Ho Stud from 2008 to 2010.
He has produced 88 turf sprint winners during his career at stud, although the strike rate
of 11% would put a lot of punters off. The table below is the record of his progeny
racing over 5f and 6f:
His first progeny hit the racecourse in 2011 and hit the ground running with 25 sprint
winners at a strike rate of 13% which produced a profit of £73.11 to level £1 stakes at
SP. As you can see from the table below, the progeny of Red Clubs endured a barren
run with regards to profit in the following two years but were back on track in 2014 and
2015.
Sadly, Red Clubs died of an injury sustained whilst standing at stud in early 2011 and so
we may only get a limited chance to see his offspring in action over the next few years.
His current older crop (Aged 5yo and 6yo) have still produced 21 winners from 137
runners at a strike rate of 15% and are showing a profit of £120.46.
What is really interesting about the offspring of Red Clubs is that their overall record on
good ground or worse is exceptional compared to firmer ground. The statistics show
that they won 61 (69% of all winning races) on good ground or worse, with the highest
strike rates coming on good to soft and soft going.
In 2015, the progeny of Red Clubs had a 20% strike rate in sprint races on good ground
or worse and produced a profit of £60.75. Sprinters have a decent racing life span and
whilst the youngest of his progeny will be 5yo next year, it is still worth keeping an eye
on them for 2016 flat season.
Summary
Sire: Red Clubs
Race distance: 5f and 6f
Going: good, good to soft, soft and heavy
Speightstown (USA)
One of the most successful sprint sires in terms of level stakes profit is Speightstown.
The American super horse won 10 of his 16 races, the highlight being the Breeders’
Cup Sprint in 2004. In his 6yo season he won his final 4 races (all at Grade 2 and
above) over 6f, culminating in that Breeders’ Cup Dirt Sprint success. Perhaps his most
well-known offspring to race in Europe include Tropics and Hathal.
The overall record of his progeny is shown in the table below:
His progeny have been profitable to follow in sprint races every year since 2011:
Most of Speightstown’s career wins came over 6f and he has certainly handed down
that trait to his offspring. 25 of the 39 victories by his progeny have come over 6f at a
strike rate of 18% and have returned a level stakes profit of £76.92. His runners over 5f
and 5 ½f have produced 14 winners at a strike rate of 14% and show a very small loss
of £3.71.
In terms of going preference we see the opposite of the progeny of Red Clubs who
prefer good and softer ground. In contrast, the progeny of Speightstown have a superior
record on good and good to firm ground. 32 of the 39 winners since 2008 have been on
these two types of official going. His progeny are 0-18 on soft or worse:
Speightstown won plenty of races on dirt in the USA and it is no surprise to see his
offspring do well on the artificial AW tracks in the UK. Since 2008 he has produced 34
winners on the AW at a strike rate of 19% and a profit of £50.29. His offspring have a
24% strike rate at Southwell producing a profit of £35.69.
Looking towards the AW season I can also tell you that his offspring are 3-7 at
Chelmsford City so definitely watch out for his runners at the UK’s newly refurbished
AW course. If we combine his runners on the AW with his runners on turf on good and
good to firm ground we end up with the following record:
That might just be a system worth following in the coming months as we move into a
new AW season. The flat runners will probably not be seen until next season when they
get their preferred ground conditions:
Summary Sire: Speightstown
Race type: Turf and All Weather
Going: firm, good to firm, standard (AW)
Race distance: 5f and 6f (turf runners better over 6f)
Many American bred sires produce progeny who have a far superior record on the AW
than they do on turf. With the flat season drawing to a close and the AW season about to
kick off, it is worth exploring other sires whose progeny may well be worth following
over sprint trips for the upcoming AW season.
Before we look at the AW I want to take a look at what I call the “the new kids on the
block”. These are first and second season sires whose progeny have hit the ground
running and who should give us plenty of betting opportunities in the years to come.
First up is Starspangledbanner.
New kids on the block
Starspangledbanner (Aus)
Starspangledbanner won 7 of his 27 races, the highlights being the Golden Jubilee
Stakes at Royal Ascot and the July Cup at Newmarket. Those back to back wins were
followed by a 2nd in the Nunthorpe to 100/1 shot Sole Power.
He had a failed attempt at stud in 2011 and was then brought back into racing but he
was not the force of old. He returned to stud in 2013 and his first progeny hit the tracks
in 2014. So far his progeny have run 95 races over sprint trips and have won 21 times.
That’s an excellent 22% strike rate and they have returned a profit of £32.63.
2015 was a good year with12 winners from 57 races (21% strike rate) and a profit of
£35.72.
His progeny include Dawn’s Early Light, Anthem Alexander and Ocean Sheridan who
have all won multiple races over sprint distances. 10 of those 12 winners were over 5 ½f
and 6f. His progeny are 0-6 on the AW so stick to his turf runners for now.
Summary Sire: Starspangledbanner
Race distance: 5 ½f to 6f
Canford Cliffs
Very much a new kid on the block, Canford Cliffs was a top class horse who won 7 of
his 11 races. He won 5 Group 1 races and a Group 2 race over distances of 6f to 1 mile.
The performance of his first crop of 2yo runners over sprint trips is shown below:
His progeny will make excellent milers in the future and no surprise to see that his first
crop of 2yo’s perform better over 6f than 5f. I would stick to that age group and that
distance for the simple reason his second season offspring will most likely step up to 7f
and a mile. Canford Cliffs was, after all, a top class miler and not an out and out
sprinter.
With 2yo’s being largely introduced to the racecourse over 5f and 6f it makes sense to
stick to this age group, especially over 6f.
Summary Sire: Canford Cliffs
Race distance: 6f
Age: 2yo
For the All Weather Sprint Sires who will make profit for you this winter checkout On
Course Profits Gold
A Q & A with Mark Foley of Football
Forecasts
The man behind Football Forecasts, Mark Foley, talks to us this month and gives us an
insight into the sports which give him something to smile about and his opinion on a
certain bookmaker, which may surprise you.
1. Tell us a little about Mark Foley, what is your background? Where does your
interest in Football and Horse Racing come from?
I was born in the second most deprived area in London. My interest in horse racing
came from my cell mate in Wormwood scrubs.
2. If you had to choose, which sport gives you the most enjoyment Football or
Horse Racing, and why?
Football, with the exception of Cheltenham. I love the buzz of Cheltenham, the only
thing in football that has bettered it was the 2012 Champions League final. As one of
the fateful 12,000 when Chelsea needed to beat Oldham on the final day of the season in
1983, the feeling after so many Champions league “mishaps” was truly emotional.
We did the impossible by coming back from a goal down at Barcelona with 10 men and
then we beat the best team in Europe in the final at their home ground. People say
Chelsea were lucky, but how can you be lucky when you beat the best two teams in the
tournament; as Oscar Wilde said to lose one child is unfortunate, to lose two is careless.
If Wenger and Pellegrini finally realised that you need to be able to defend to win the
Champions league, the record of the English teams in The Champions league would
have been so much better in recent years. Two very experienced managers who
somehow fail to realise that you cannot win a knockout game in the first leg, but you
can lose it.
3. Where do you start your research to pull together the numerous facts and
statistics you produce in your articles / selections?
By reading what everyone else who knows far more than me has written.
4. Is there anything you would like to see changed in the sport of football? Why?
I truly believe we should play with a rugby ball it would make the game far more
interesting, especially for goalkeepers. Gelding referees would be my 2nd option, or
alternatively introducing as much video technology as possible.
(We take it from that that Mark isn't a fan of referees).
5. What about within the gambling industry as a whole? There is many a critic of
bookmakers and there treatment of their customers? Is this something that you
have any strong opinions on?
Paddy Power should be made an honorary Knight; the man transformed the industry and
made it far more punter friendly. My daughter was in his box for Cheltenham Gold Cup
day last year and said he was one of the nicest and most down to earth men she had ever
met.
Biggest bugbear is rule 4, a late withdrawal, especially if the horse is short priced and
the bookies win twice over.
6. We understand you are a Chelsea supporter for your sins. Why Chelsea? What
makes them the team of choice?
When I was knee high to a grasshopper all of my friends supported QPR, I have never
been afraid to be different and go against the grain and decided to support the team they
all hated.
7. What style of approach to betting do you take on a personal level, i.e. singles,
multiples, exchange trading etc.?
Whatever represents the best opportunity to profit.
For years the mantra was that multiples were a mugs bet, but once Powers and Betfred
introduced triple the odds for a single winner in a yankee, it became a value bet,
especially each way.
8. How do you deal with inevitable losing runs and do you have any advice for
aspiring punters who may be starting out on their journey in to the gambling
world?
The size of your bets should be limited to an extent that it doesn’t affect your
judgement; it makes it easier to be disciplined and not apply Gresham’s law. (For the
99.99% of sensible people who do not have a degree in economics, that’s when bad
money drives out good).
As a rule my bets tend to be long shots, so long losing runs are inevitable. What many
punters fail to realise is that even backing odds on shots can result in long losing runs,
so losing runs are inevitable at whatever price you back. Human nature means that a
punter will bet more on a short priced selection, long losing runs don’t seem to hurt so
much to smaller stakes and the feeling of joy when you have a 25/1 winner is
exponentially far greater than a 4/6 winner.
I’ve never bet to huge stakes, I would much rather bet within my means to level stakes
and accumulate. Boring to some people, but I’ve witnessed first-hand how much
pleasure a long priced winner can give people.
9. What do you do to relax and unwind? Any interests outside of the sporting
world?
I cannot relax, I always have to be doing something; time is the most precious gift we
have and I would hate to waste it, I am an insomniac and survive on four hours sleep a
day, I find very few things boring and love new experiences.
I suppose a 15-20 mile walk in The Lakes, Wales or The Highlands is the closest I get
to relaxation, in Winter you can often walk all day and not see another soul. Travelling
has been my biggest vice ever since I was a spotty 16 year old, the world is a big and
wonderful place and I want to see as much of it as possible before I die and the more
remote and weird the better.
Music is a blessing it can stir the emotions just as much as sport and I still love going to
see up and coming indie bands at small venues.
10. What does Football Forecasts offer its customers that other services do not?
Why is it different to other football services?
Football Forecasts was originally launched last year; 534 bets were given over the
season which returned an 84 points profit and resulted in a 168% ROI (Return on
investment). Eat your heart out Barclays, Lloyds and the TSB, even if you are paying a
fortune for a top financial advisor or a stockbroker you would have struggled to match
that.
I fully appreciate that one swallow doesn’t make a summer and past performance is no
guarantee of future performance, as the financial institutions love to tell us as they cover
their own arses.
The service isn’t perfect, the recommended bets showed a loss of 25 points in
November and 26 points in January. February and May also showed nominal losses,
unlike other services we don’t try to hide the bad news (every recommended bet from
last season can be found here.
When its right it’s spectacular though; September and October returned profits of over
20 points and December and April over 35 points profit.
It isn't a typical football tipping service that will tell you to do Chelsea, Arsenal and
Man City in a treble or advise both teams to score at around 5/4, ideal for the punter
who likes to bet big stakes.
It isn’t a safety first back a favourite at odds on service, I like to think outside the box
and land big touches and that means getting it wrong more than I get it right.
As someone who has been going to football matches for over forty years and loves to
watch games down the pub with real football fans, I know that most football fans like to
land a touch. They prefer to bet small and to land a touch and bragging rights.
I’m not going to give you a load of bull and tell you that the service is going to be as
successful this year as it was last year, I can’t do that, gambling is unpredictable and
risky by nature, but here are the reasons for feeling optimistic.
I spend an inordinate amount of time researching minority bets, not popular bets. The
bookies traders have to cover a massive spectrum of bets these days and it is difficult to
glean value from the popular bets that most punters back.
The lesser known markets, where they expect a small turnover offer the real value and I
spend an inordinate amount of time spent finding the right type of minority bet to back,
something very few people do and it gives me a massive edge.
The average punter is blind to reality, his psyche will not allow him to believe that tiny
little Crystal Palace can beat mega bucks Man City, even though Palace were flying and
City were struggling. These are what I call “Reality not Perspective bets” and the good
news is that even if the bookies did believe that Palace could beat City they still have to
offer big odds on Palace to be competitive with the other bookies.
Blowing my own trumpet, not only did I predict that Palace would beat City and gave
all the reasons why, but I also predicted the correct score at 18/1!
For more information
CLICK HERE
Spinning the trading Webb
Originally a financial markets trader and a writer for Share magazine Peter Webb is now
synonymous with the betting exchanges.
Who would have thought that in 2000 the emergence of the betting exchange Betfair
would enable this man, when interviewed for The Channel back in 2010, to be able to
state that he was “betting a quarter of a billion on Betfair”.
Like many of us Peter Webb reached a point where he had “reached that point in my life
where I HAD to do something. Despite a lot of success, to carry on in a conventional
career would have killed me!!”
Amen to that brother!
Coming across Betfair for Peter Webb allowed him to shift his allegiance from the
financial markets to the exchanges sports markets. The principles of trading the two are
no different.
In June 2000 Mr Webb joined Betfair as one of their very first customers, reportedly
opening his account within the first seven days of Betfair’s live existence. Since then he
has become one of the most famous.
The first deposit into his Betfair account was reportedly £1000.00, placing his first bet
with just £5.00. He claims that since that day he has NEVER had to add any additional
monies in to his account. At any one point in time he may have up to £250,000 in the
trading account.
So how has this been achieved, why aren’t we all operating this way?
Because of the way that Betfair works in settling their bets it is possible.
Betfair settles their bets as good as instantly. If you have a successful bet or trade your
monies are immediately returned to your betting account together with any profits. The
money turnaround is quick, place your bet, bet is settled, place your next bet, and so it
goes on.
With sometimes five or more race meetings a day, and seven or eight races per meeting,
the maths is simple.
His background as an ex Compaq and Medion man meant that Webb had a good
knowledge of computers and this knowledge helped him to develop strategies which he
hoped he would be able to use to beat the Betfair markets. This innovative and creative
thinking meant that he became successful, in fact very successful at trading on the
Betfair markets.
Being able to build his own pc’s, upgrade his software regularly to ensure an efficient
trading platform and working comfortably with six pc monitors at any one time, we
struggle with just the one, means an efficient trading system is always in operation.
Webb trades on the Exchanges as you would trade on any financial market.
He will back a horse to win its race (let’s assume at 4.00 or 3/1 in terms of fractional
odds), and assuming that the horse is well favoured on the betting exchange the price
should start to shorten.
When this happens Webb will then back the horse NOT to win its race (or lay the horse
back) at the lower price on offer, say 3.75, or 11/4 in fractional odds terms.
On this basis he can make a profit on the race no matter what the outcome and he will
do this for multiple horses in any one race, and importantly before the race has even
begun.
Admittedly the actual price movements may not be as significant as in the example
above, and the price differential may in fact represent only one or two clicks difference,
but the principle is exactly the same, and when repeated the compounding effect can be
significant.
In a recent press interview Webb stated that he closes ALL of his bets 10 seconds before
the race is due to go off, and he will not start placing any bets until ten minutes before
the off at the earliest.
Many of you may have noticed that in this time window on the Betting Exchanges the
majority of the monies on any race tend to come in. The last five minutes or so before
the start of a race and the prices move rapidly in all directions.
A clinical approach has to be adopted.
He has no interest in the race itself, in fact he will have already moved on to the next
race before the last race has even finished and be looking at how to best trade on that
race. It is a numbers game pure and simple. Emotion does not come in to it. Each trade
is a pure financial transaction.
His success has been instrumental in inspiring numerous individuals to have a crack at
trading and many of these now to fit in to the bracket of the high profile trader having
attended one of his seminars or workshops they have learned from the master.
Webb’s whole approach to horse racing has nothing to do with form study, sire
statistics, or any other criteria commonly used in horse racing betting. He states that his
sole aim is to estimate where the price of a particular horse will go next and capitalise
on it. He is very clear in that he explains trading is simply a form of spread betting.
To be able to exploit these opportunities Webb realised that he needed not just the
strategies but also the tools to achieve the results he knew were possible.
This approach and his success led to the development of what is today considered to be
one of the, if not THE leading sports trading platforms – Bet Angel.
Bet Angel for Webb “encapsulates the knowledge and skill I’ve picked up over the time
I’ve been in the market”.
The Exchanges are “fairer” than standard bookmakers and they can also offer the
opportunities for some amazing success stories for individuals from all walks of life if
they are willing to put in the commitment of work and hours”.
Note there is an important phrase in the quote above, “commitment of work and hours”.
Bet Angel does not purport to be a Get Rich Quick tool. Like anything worth having it
requires you to put some effort in.
He says that he doesn’t want people to think that it is a route to Get Rich Quick because
it isn’t, as he says, “you have to work at it”, and as we are all aware this is true of any
success in most things in life.
Racing can be going on all over the world and all hours of the day and night, Webb will
readily work the early hours of the morning to trade on Australian racing, or late
evening to trade the US markets. Wherever the opportunities are you have to take them.
Webb didn’t hit the ground running straight away though but his perseverance and
commitment to “achieve some astonishing things” is a lesson we can all learn from. One
lesson we can all learn is that if the tools are not available for you to do what you would
like to, then, invent them!
In itself Bet Angel is we suppose best considered as an information portal of exactly
what is happening, on the betting exchange, combined with the capabilities of an eBay
sniping tool.
“It's a trading tool and allows you to place orders quickly. We borrowed ideas and
technology from financial markets, and it allows 'fill kill', stop losses, and charting.”
Bet Angel is not just restricted to horse racing though any of the markets can be covered
although the three most popular are horse racing, football and tennis.
Like many professional traders arbitrage appears to have been his starting point but he
soon realised that he could do more, much more than just arbitrage bets.
He reports on his blog that the early days on Betfair were slow in terms of the size of
the markets available. The first race on Betfair had a market size of just £3,400.00 and
“most of that was people in the Betfair offices matching themselves!”
So what about now?
In March this year Betfair was valued at £1.95bn. Their 2014 annual report quotes
1.1million customers worldwide, 3million bets placed per day, and they are licensed in
10 territories.
Mr Webb certainly never imagined that he would become one of Betfair's leading
customers and place bets to such an extent that he can turn over a quarter of a billion
pounds annually on horse racing trading alone, let alone the additional trading
opportunities that the reality TV and X Factor markets can offer, and he STILL
continues to make a profit.
Peter Webb’s Bet Angel is his invention and he has earned not just from its creation but
also from using it himself. He says “Bet Angel is unique in that it’s the only one that has
earned more for its creator through using it rather than selling it!”
Obviously he will not divulge how much profit he ACTUALLY makes trading on
Betfair but he does openly say that he may be profiting by a mere percentage of a
percent on any one trade.
This in itself demonstrates how committed you need to be to ensure that the profit is
accrued as it is easy to slip up and find yourself in a losing position.
He often still has people say to him that what he does is not possible, but he continues to
demonstrate that it is.
He also continues to maintain his financial investments and at one particular
shareholder meeting he had an interesting conversation with Mr Warren Buffet. The
backbone then of Mr Buffet’s business was insurance and Webb asked how Mr Buffet
reconciled his strong anti-gambling views with his risk related business.
“When I look at the insurance industry I see an industry based on probabilities and
people not knowing those true probabilities. Money is being made for the house in the
same way I see it being made in the gambling industry,” said Webb.
“Gambling involves creating risk that doesn't need to be created,” replied Buffett.
“If you want to go out and gamble on a where little ball is going to fall on a wheel that's
revolving, that's a created risk. You can watch a football game without betting on it, but
you can't live in a house on the Florida coast without having a risk that your entire
investment can disappear. But I hope that you're right and that the house wins in both
cases.”
Subscriptions for Bet Angel are what fund its continuing development. The Trader
version will cost you just £6.00 per month, but you can step up to the professional
package £30.00 per month.
A worthy read is Peter Webb's blog. Here you will find a five part series of his “Trading
Journey” from his childhood days with his ZX81 cajoled from his father to his first leg
of his trading journey in 2000, his Betfair teenager birthday in 2013 to the present day
because yes, unlike many he is still blogging AND still trading.
For more information
CLICK HERE
The Three Amigos
Assuming that you are old enough to remember the hapless trio of Steve Martin, Chevy
Chase and Martin Short who starred in the 1986 film The Three Amigos you may well
be thinking that this month we are looking to point them in the area of a new career
away from acting and in to the world of gambling, but no.
Following on from the Creatures of Habit system in our previous issue we have for you
this month further trainer angles which we can take advantage of during the month of
November.
Thankfully we are not reliant on the hapless trio mentioned above but three trainers who
have a connection and an uncanny knack of making consistent profits from a particular
type of National Hunt race, the Handicap Hurdles.
Our trainers in the spotlight are Kevin Bishop, Victor Dartnall and Anthony Honeyball.
Kevin Bishop
Kevin Bishop is based at Barford Park Stable, Spaxton, Bridgewater, Somerset.
He started his training career back in 1979 and currently has a relatively small string of
around 10 horses which is highly likely to keep him well under the radar of many a
punter.
And we intend to use this to our advantage.
The yard had tasted success at the highest levels over the past few years with horses
such as Ashley Brook and Battle Group both winners at Aintree.
Battle Group recorded the remarkable feat of winning twice at Aintree at the same
Grand National Meeting in April 2013. Having switched yards he made a winning debut
for Kevin Bishop winning the Silver Cross Handicap Hurdle (Grade 3) by ten lengths
on the Thursday. Two days later Battle Group followed up by winning the John Smiths
Handicap Chase, a Listed race, by sixteen lengths. On both occasions he attracted solid
market support.
You can get a good feel for the yards modus operandi if we review the overall
performance of the stable from the last five seasons.
The majority of Bishop’s horses start out in National Hunt Flat races before making
their way on to Maiden and Novice Hurdles.
As can clearly be seen from the table above the National Hunt Flat races are more about
the horses obtaining some track experience rather than looking to place them to win at
that stage.
The table below also shows that a similar approach is taken when the horse are run in
Maiden of Novice Hurdles.
Maiden / Novice Hurdles (2011-2015)
Just the one winner from the 82 runs in Maiden and Novice Hurdles is a stand out
statistic as a negative.
But just look at what happens once those runners have qualified for their handicap mark
and switch to Handicap Hurdles.
Handicap Hurdles (2011-2015)
Suddenly we are in to profit territory and at the Industry Starting Prices we are looking
at a significant profit too.
Victor Dartnall
Victor Dartnall is based at Higher Shutscombe Farm, Charles, Brayford, Barnstaple,
Devon
He first took out a training license in 1998 and currently has approximately 45 horses in
training at his yard.
We can see from the last five seasons record that he is pretty consistent regarding strike
rates across all three types of National Hunt racing, but when we drill down in to the
details it is the Handicap Hurdles which become of interest.
Overall these types of races bring out an improved strike rate and a very solid looking
profit.
Anthony Honeyball
Anthony Honeyball is based at Powell Far, Stables, Mosterton, Beaminster, Dorset.
On the scale of things Anthony Honeyball is a relatively new addition to the training
world obtaining his license in 2006, and currently having some thirty horses in his care.
He began his involvement with horses back at this family home on the Quantocks, and
his father John Honeyball, Master of the Taunton Vale Hunt was also a successful
trainer. Honeyball senior was involved in the early part of the career of that great horse
The Dikler and trained him to win his first point to point race.
Anthony Honeyball baptism into racing was added to by his career as an amateur jockey
for Richard Barber progressing to conditional jockey for Paul Nicholls and riding 45
winners under rules before he embarked on his own training career so he knows the
industry from both sides of the horse.
His Dorset operation which he runs with his rider and partner Rachel Green is proving
very adept at procuring young talent and he uncovered the Chepstow bumper winner
Regal Encore in 2012. The horse was then purchased by the big hitting J P McManus
before going close in second place at the 2013 Cheltenham Festival in the Weatherbys
Champion Bumper.
The past few years have seen Bumper winners come from the yard but they have been
clocking up an increasing improving performance with their Handicap Hurdlers.
The Acorn Principle is based on targeting key seasonal periods and looking to find a
profitable method which others may have missed.
With regard to National Hunt Racing the main part of the season runs from November
to end of April.
If we look further into these three trainers do their Handicap hurdlers prove this? What
if we look at the success of their hurdlers during the summer months of May to Sept?
Summer Handicap Hurdles for The Three Amigos (2011-2015)
Let’s compare this with the period of November to April. We have included April in the
“winter period” as this is the month when we still have big jumps meetings such as
Aintree and the Betfair Chase at Sandown.
The month of October is always considered to be a transitional month from flat to jumps
racing, though this doesn’t mean that it should be excluded completely, but as October
has already passed us by these profits are not going to make our way in to our pockets
unless we have a time machine.
Winter Handicap Hurdles for The Three Amigos (2011-2015)
Clearly our earlier assumptions are confirmed by the contrasting performances during
the summer and winter periods. Both have similar strike rates but the returns are vastly
different.
If we investigate a little deeper we can see how the year on year performance has fared.
Year on year we are looking at a consistency which is certainly encouraging particularly
given that the poorest performance was back in 2011 but still gave a return on
investment in excess of 50%!
When we looked at the individual results using horseracebase it was apparent that a
large number of the runners go off at decent starting prices so we thought we’d take a
look to see how we would have fared had we chosen to back the selections on an each
way basis rather than solely as an outright win bet.
Backing each way would have seen us profit even further.
The longest losing runs during the five year period were 13 selections on one occasion
and 10 losing selection in a row on two other occasions. By backing each way this
would help to smooth out the ups and downs of win only betting.
In fairness we do not consider 13 losing bets in a row a complete disaster. If we have a
modest betting bank to start with we should easily be able weather this minor
depression.
Summary
Trainers to follow: Kevin Bishop, Victor Dartnall and Anthony Honeyball.
Months to follow: November – April inclusive
Race Types to follow: Handicap Hurdles ONLY
Staking: Back selections Each Way
Based on the previous results we will hopefully be looking to generate on average 9
points profit from approximately a dozen or so bets per month during the winter period.
Again this may not appear to be a huge fortune on the face of it but it may potentially
add to our small store of acorns which have been featured previously.
The Midnight Legend – An Updated Approach Last year’s Midnight Legend was not as successful as previous year’s results would
have suggested although it still showed a profit and we still feel that it has merit.
So we decided to investigate a little further into last year’s results to see if there was
anything we could pull from them to refine our selection process.
It became clear that November / December were our worst months and made us a loss
but we performed better in Handicap Races than in the Non Handicap races, and this
also rang true for January and February of this year.
Going forward therefore we feel it would be beneficial to ignore all non-handicap races
with respect to the Midnight Legend.
In addition to this the chasers were the stand out performers and particularly in Soft and
Heavy going with average strike rate of 22-24% dropping to 13% on good to soft.
From this therefore we are going to look this year to concentrate on the mud larks.
We also have a feeling that in more recent years there have been significantly more
progeny coming to their races and this in itself has meant that there have been a prolific
number of selections which can often dilute profits.
So going forward for November The Midnight Legend (Revised) will be:
1. All progeny of Midnight Legend
2. Running in Handicap Chases ONLY
3. On Soft / Soft to Heavy and Heavy going ONLY
4. During the months of November - February inclusive.
We will be adding this to the Acorn Principle going forward.
Finally how are we faring to date with the methods we have added so far?
We hope you also took note of Delargy's horses to follow from last month?
Andy Kelly ran on 19th October and won at 4/1 (5.86 Betfair Starting Price)!
For more information
CLICK HERE
Top Ten Tipsters
Our On Course Top Ten looks to search out those services which over the past three
months have actively produced either, a good strike rate and modest profit or a good
rate of return with a lower strike rate, ideally both.
If your gambling style is risk averse, and you are someone who struggles to handle the
losing runs, then search for a Tipster who is providing a good strike rate with a
reasonable ROI (Return on Investment).
That way you can look to earn steady profits and stand less chance of suffering long
losing runs.
If you are a high risk taker and happy to wait out those long losing runs then you can
look to those Tipsters who may have a considerably lower strike rate, but who tip those
larger priced winners which often give a greater ROI overall.
All of our top ten services are collated based on their performance over a three month
period recorded at level stakes and Best Odds Guaranteed.
If you are new to betting and have time to shop around then you should certainly look to
make the most of the Best Odds Guaranteed prices.
1. Maximum Racing Profits – Strike Rate 48% ROI 146%
A new entry and heading the table is Maximum Racing Profits. Since mid-September
the service had been accruing steady profits backing relatively short priced selections
and by the end of September was in a modestly healthy place of plus 20 points.
However October as yet has not been as productive and the past couple of weeks have
been sticky for the service. Somehow we think that their place at the top of the table
may be taken over if things do not turn around to the positive again soon.
Find out more about the service
2. Betcha Racing - Strike Rate 55% ROI ROI 71%
Betcha Racing is a relatively new service and has started off well with both the months
of August and September claiming more than 40 points profit. With just 4 selections so
far in October and all of them winning ones we can’t fault their selection criteria. Their
staking tends to be 5 points per selection. The largest priced selection so far at the time
of writing in October has been 9/4.
Find out more about the service
3. Rhino Roberts – Strike Rate 35% ROI 45%
August was a relatively quiet month for Rhino Roberts and September decided to make
up for that with a reported 70+ points profit and a 43% strike rate. October has the signs
pf being a stellar month also. To date three selections on 8th October resulted in two
winning bets with Fred Le Macon (8/1) each way and Eric The Third (11/2) Win Only,
and the following Saturday saw three winning bets from four, Tea In Transvaal (14/1),
Sounds Of Thunder (10/1) and Collar Pier (6/1). With performances like that we would
expect to see Rhino Roberts heading up the table pretty rapidly!
Find out more about the service
4. The Monkey Formula – Strike Rate 31% ROI 45%
We have seen The Monkey Formula in previous tables some time ago, but there is a
need to proceed with a little caution. The service has been languishing in the red but
thanks to a very successful day on the 9th October bringing in four winners including
Chain of Daisies 11/1, they will need this good run to continue if they are to still be seen
next month. Consistency has not been seen to be the best.
Find out more about the service
5. ITK Racing – Strike Rate 31% ROI 41%
ITK racing has been seen by us on previous occasions and they re-enter the table this
month supported by a large priced winning selection in the 16/1 shot Blue Hussar.
Without this win though we are not sure whether they would be appear in the table as
September relative to previous months was particularly quiet on the profits front.
Find out more about the service
6. BK Man At The Races – Strike Rate 27% ROI 36%
Another familiar face is BK Man At The Races. September was a volatile month and
ended in the red but with over 160 points recorded profit in the bank for August they
could well swallow the 16 points deficit for September. October has started off on a
much better foot and has already recovered the losses from September at the time of
writing.
Find out more about the service
7. Shrewd Tipster – Strike Rate 34% ROI 34%
Another service which had a very volatile September was Shrewd Tipster though unlike
BK Man they did manage to end up with a minor profit by the end of the month.
October has kicked off to a flyer with the 50/1 shot Energia Davios winning at
Newmarket (SP 40/1).
Find out more about the service
8. Flat Attack – Strike Rate 28% ROI 24%
This service saw September as a healthy month bringing in almost 40 points profit in
September to add to their reported 50+ points in August. October to date though has
proven that what goes up must come down and they are currently languishing in the red
somewhat.
Find out more about the service
9. Mr Smith – Strike Rate 38% ROI 24%
With an exceptional month reported for August of over 100 points profit and a modestly
profitable September in comparison October has started off on a very positive vein too.
This one may be worth keeping a closer eye on.
Find out more about the service
10. Weekender Special – Strike Rate 34% ROI 20%
Another service which pops up its head from time to time is Weekender Special.
Possibly as a consequence of its nature, betting solely on weekend sports fixtures, the
profits are not something you can necessarily shout from the roof tops. This is one more
for the fun punters amongst you.
Find out more about the service
Product Reviews
A look at some of the services and products on the market purporting to be able to make
you a healthy profit.
Soccer Goals Syndrome
Cost: Currently £59.97 for the software licence.
The Trial: This is a soccer betting system which has been devised by “Big Den” and is
being marketed by Steve Davidson”.
Its claim is to have good returns on soccer betting from small stakes and the selection
process should take you no more than 15 minutes per week.
We are not giving too much away when we say that the system has very easy to follow
instructions which show you how to construct Trixie bets, three doubles and a treble
using the Oddschecker site and their Bet basket facility.
The Bet Basket facility is used to ensure that you can obtain the bookmakers most
favourable odds combinations.
With the 10 bets to date there have been one outright winning treble, four doubles and
five losing bets, with each bet using four points.
Our overall profit / losses to date are just over five points to the deficit.
Conclusion: We are holding judgement on this one for now but will let you know how
we get on when we have a few more selections under our belt. In the meantime you can
find out more here.
Rhino Roberts
Cost: £43.00 + VAT for 1 28 day subscription / £86.00 + VAT 90 days / £149.00+VAT
120 days
The Trial: From the Bet Kudos stable Rhino Roberts has had a great run according to
their website over the past three months.
We are hoping that this run continues as we have started following from the very end of
September with just the one selection which was a loser.
Conclusion: Hoping that a successful run can be repeated. Find out more here.
Classic Racing Gold
Cost: £45.00 per month
The Trial: This is a racehorse backing service from Sportsworld Publishing and we
have just recently finished a month trial of the service.
The service made the claim that they had accrued 70+ points profit from just 99
selections.
The selections are delivered by email, normally the evening before the racing and they
advise states whether to back to win or each way, the odds to take and the staking
suggested with the stakes ranging from one point to four points as a maximum bet.
We started the trial the last week of September and during the seven days to the end of
the month we had 17 selections provided, 16 of which were running in Ireland.
The bets were made up of 9 win bets and 8 each way bets. None of the each way bets
won and of the 9 win bets 5 were winners (two of which were maximum four point
bets).
Our overall profit for the week amounted to just short of six points.
Conclusion: A promising start. We’ll wait to see what the following weeks bring and
will report back.
Precision Sports Bets
Cost: £50.00 per month.
The Trial: Following on from last month were received 101 selections of which 32
were winners and we gained a profit of just less than 17.50 points.
Overall we are looking at 48 winners from 165 selections to date and a profit of 21
points.
The majority of selections still come from horseracing with 144 selections producing 42
winners and a strike rate of over 29%. Of the remaining non horse racing selections (21
selections) there were 6 winners and an overall loss.
The down side to this service is as we have mentioned previously, in that there are
anywhere up to three emails a day which arrive at various times, and as such matching
the Betfair prices quoted can be difficult.
Conclusion: The results are good but this service would be difficult for the averaging
worker to follow given the varying time of email deliveries. If you are interested you
can find out more here.
Big Race Bookie Buster
Cost: Free 14 day trial available - £29.95 per month / 74.95 per quarter / 199.95 lifetime
membership
The Trial: Sadly this service has carried on in the same vein as last month with just
four winners from forty one selections and a loss on the month of over 60 points.
Cumulatively we are in the situation where we have had just 7 winners from 87
selections and are in excess of 100 points in the red.
Conclusion: Maybe the next month will miraculously turn things around but as things
stand we cannot recommend this service. Should you still be interested to find out more
you can do so here.
Master Racing Tipster
Cost: 14 day trial available - £59.95 per month / 154.95 per quarter 359.95 lifetime
membership.
The Trial: Things have turned around this past month with 4 winners from the last 7
selections giving a total of 12 winners from 41 bets to date and a profit of 14.50 points
for the month with a cumulative profit of 11 points. (20 winners from 80 selections).
The bets, like many service these days, are given the evening before the days racing and
in truth you would need to move pretty quickly to match the advised prices and Industry
starting prices would have seen you make a loss.
Conclusion: We’ll hang in there for another month before passing final judgement.
Find out more information here.
Mastering The Art of Staking Plans.
There is no doubt that whatever method or service you choose to use to make your
gambling selections, at some point you have to carefully consider exactly how much of
your hard earned cash you are prepared to place on any one particular bet.
You have to plan.
How can you maximise your profits and minimise your risks?
Here is the crux of the problem; no staking plan out there can do BOTH of these things
for you.
One staking plan may be able to help you maximise the profits, but this will
undoubtedly come with risks attached, and one particular plan may limit your risks
BUT mean that you may not capitalise on the winners in comparison to other staking
plans.
Sadly this is the foundation of gambling, weighing up the risks.
When investigating services and selection processes you may hear the phrase does it
perform on a Level Stakes basis?
So what does a Level Staking Plan actually mean, and why is it seen as the bench mark
test as to whether a selection criteria is one which will work or not?
Level Staking
Level staking does exactly what it says on the tin. You select an arbitrary amount per
“point”, say £10.00, and for every bet you place you stake exactly the same amount
irrespective of the price of the selection, £10.00.
Let’s take an example.
You have 10 selections to bet on today and just for illustrative purposes we assume the
first five bets lose and the next 5 bets win.
Staking such as this would mean that you would be able to lose 10 bets consecutively
before half of your betting bank was gone, and obviously to break the bank you would
be looking at losing 20 bets consecutively.
So, are there any advantages to using Level Staking?
1. Well, it is certainly simple to use.
And disadvantages?
1. It doesn’t maximise your profits, but then nor does it minimise the risks.
You may quite often see level staking referred to as the bench mark test for many of the
products and services on sale in the market place.
There is an argument that, if a service can provide a profit when using a Level Staking
Plan then it is a good one, if it can’t then it is unlikely you will be able to make a profit
from it using any other form of staking, in the long run.
Percentage of Betting Bank
Some sites may also refer to the following as Level Staking, which in words it is as you
chose to bet a fixed percentage of your betting bank on each selection, say 5% on every
bet.
If you wanted your first bet to be £10.00 you would need a betting bank of £200.00.
Choosing a lower percentage of your betting bank, say 1% is obviously less risky and
choosing a higher percentage comes with bigger returns but also greater risk.
Based on the above example what would our betting bank look like at the end of the 10
bets.
Okay there isn’t a massive difference in the final bank, but why the difference at all if
Level Staking and Percentage Bank Staking are often considered to be the same thing?
Basically the maths involved in the percentage of bank option means you are actually
betting not only with your original bank but also with part of your profits, and hence
slightly greater returns when you do actually hit a winning streak.
So what are the advantages?
1. Quite clearly your stake reflects your betting bank. A smaller bank will mean that you
will be staking less and vice versa. A run of losing bets will mean that you are in a
position to protect your betting bank, and equally if you are on a winning run then you
can capitalise with a higher stake and hence greater returns.
2. The compounding effect of any wins means that as stated previously you are actually
gambling not only with your own hard earned money but also with those winnings from
the bookmakers. A run of winners will accelerate your profits.
3. Theoretically your betting bank should NEVER be eroded away completely; however
this is not necessarily the case. Many bookmakers and exchanges have a minimum stake
requirement, so if you want to try betting with pennies you may struggle. Saying that if
your bank fell to this level there may be more important things to do like review your
selection method!
And the disadvantages?
1. Long losing runs will mean that when you do finally find a winner the amount you
will have staked on that winner will be significantly smaller than you may otherwise
normally stake. As a consequence you need much longer to recoup any losses
previously incurred.
2. Your biggest bets will be on the losers! As soon as you hit one loser your stakes will
become smaller.
Theoretically sticking to the Percentage of Bank Staking Plan it would take 14
consecutive losing selections to wipe out half of your betting bank. 51 losing selections
and your betting would be eroded completely.
The Martingale System
The martingale System originated in the eighteenth century in France and was popularly
used for the gambling game of the time, betting on the toss of a coin, the heads or tails
bet, in its simplest form.
After every loss the gambler doubles their stake so that on the first win they would
recover ALL of their previous losses PLUS an amount equal to the original stake.
More commonly the Martingale System has been used in the casinos and applied to the
Roulette wheel when playing “red” or “black”, applying the same doubling up
technique as the probability of landing on red or a black number is close to 50/50.
We say close to as of course we also have the 0 which is on a green background.
The laws of probability state that if you have had five blacks in a row surely the next
one up will be a red won’t it?
Actual results produced by using this system have in truth finished off many a betting
bank. The probability is that you could have 100 blacks in a row before landing on red!
You can apply this Martingale staking to any sport but bear in mind that with sports
such as horseracing you are using it on an event where there are more than two possible
outcomes. The result is that the risks are significantly higher.
You no longer have that 50/50 chance of winning, but if you do win then the increased
risks can mean the returns are significantly greater also.
You need to gamble on selections where there is a high win strike rate, regular winners
are essential for this kind of staking plan to work. If the winners are not prolific enough
the betting bank will swiftly be destroyed.
A simple demonstration based on our £10.00 betting.
If we assume that we have a winner at bet number 4 and 9.
Get the picture?
So the advantages…
1. The method is very simple and initially your stakes are small.
2. Your highest stakes will always be on winners (depending on how high you are
prepared to go with your staking of course).
3. If you have hit a successive run of losers and your bank is still in the black and you
can place the next bet and it is a winner you should win back ALL of your losses plus
extra.
The disadvantages…
1. If you have a winning streak you will be staking smaller amounts on the winners than
you do on the losers and therefore you will not be able to capitalise on them.
2. A series of losing selections will mean that your stakes will increase exponentially
and your bank could disappear in a flash!
3. If you win regularly say once in every 3 bets placed you will not win as much as you
would if you were using a Level Staking Plan.
Using a simple 1% of betting bank low risk plan would produce the following results.
The Martingale System is also one of many systems which are referred to as a Loss
Retrieval Plan.
Next month we will take a look at a number of other Loss Retrieval Plans and if they
can work, or are merely just another fast route to emptying your betting bank.