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General Betting

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SHEFFIELD BLADE
19 Oct 10 12:20
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Date Joined: 18 Nov 05
| Topic/replies: 12 | Blogger: SHEFFIELD BLADE's blog
We read lots of people on here boasting about success ,but i have tried allsorts [ laying every favorite , laying all topweights ,  following the betting , going against the betting ,laying /backing certain trainers/jockeys and so on ] all fail long term , which leaves me to believe 99%of the time the market is spot on , only in the know punters will win in the long term . What systems have you failed at ?

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Replies: 46
By:
.Marksman.
When: 19 Oct 10 12:51
Backing any horse on the all weather, which reappeared again after winning on it (or soft ground), within 4 days.  The thinking behind this was that in (those days)  the all weather was very low class racing and trainers tended to get their horses fit on the track.  So that a horse may well have improvement in it after winning, and could defy a penalty.  You knew that it would be fit, unlike many others in the race.  In those days, all weather meant fibresand, which meant that horses had to be fit to win on it and also wouldn't get jarred up running on it (unlike firm turf, where unfit horses can win and horses can also sustain minor impact injuries.)
After initial success, I had a long losing run and became disillusioned with it, and gave it up. After which big priced winners seemed to go in every day.
This was in the days before Betfair, and before I realized how much hard work was required.
This system wouldn't work now, because all weather, nowadays, is mostly polytrack, which has more in common with turf than dirt.
By:
howard
When: 19 Oct 10 12:54
Complicated  game this so simple systems dont work. You have to know the horses ability , best trip and going requirements etc. This takes years. If you cant be bothered doing that back with bookie at 8.0  and lay on here at 7 or 7.2 simultaneously. Its called arbing and it definitely works. This will also teach you which horses are REALLY fancied.
By:
Tightfisted
When: 19 Oct 10 13:58
Laying the (RP naps) table Shocked
By:
SHEFFIELD BLADE
When: 19 Oct 10 21:07
Suprised that does not pay TF  , what was your timing of bets ?
By:
Tightfisted
When: 20 Oct 10 15:39
Swings and roundabouts!

Take yesterday, Slumbering Sioux (2 naps) was the big drifter and ended up at 32.0 BSP, (average price 19.94) from an early 11.09.    

If you had layed each tipster to win 10 at BSP (5% comm) you would have lost -570 on the day, lost -279 at average prices and only -147 at morning prices.

But if you have a cut off at 20/1, your profit would have been +199 instead of -570 at BSP, while the average and morning prices would have both shown a loss of -295 and -170 resp. Sad

I have a thread on the horseracing forum, just search for 'free system' for the bigger picture. Devil
By:
Shanelee1966
When: 20 Oct 10 16:11
Tightfisted - Its something i dabbled with a few years ago, went well for a couple of months, then boom, nearly wiped me out with some biggies. I then went no bigger than 5/1 and other filters and was consistent enough. Requires alot of time and research which i don`t have. I do
have another laying method in which i lay a certain newspaper selection and that has shown consistent profits for over 5 years. So it can be done.
By:
Zola's Back Heel
When: 20 Oct 10 16:15
Today program.
By:
SHEFFIELD BLADE
When: 22 Oct 10 11:56
Racing Post naps , do they drift normally %%% , thanks for any replys ,  will save me time researching , freeing up more time to give my hard earnt to the rest of you .
By:
Coachbuster
When: 22 Oct 10 12:23
I devised what i thought was a good system in the early days .

It was schoolboy stuff really looking back , decided to back the 3-1 (stronger team) and lay the shorter  Any unquoted .

All went well for 5 or 6 games until  it all went disastrously wrong when the home team went 3-0 up in a few minutes.
Laugh
By:
Steamship
When: 23 Oct 10 00:22
This year backing pwise at 10-1 or above only. Lots of winners this year, unfortunately for me I missed most of them.
By:
ZEALOT
When: 23 Oct 10 19:30
sheffield you are wrong ---- you need to look deeper
By:
SHEFFIELD BLADE
When: 23 Oct 10 21:57
Where ?
By:
ZEALOT
When: 23 Oct 10 22:23
To think that the market is 100% acc at off time ------- many TYPES of horse are under/over bet and you must seek and bet accordingly Grin
By:
SHEFFIELD BLADE
When: 24 Oct 10 20:53
I see what you mean Zealot , i started the thread hoping to find failed plans , so i could eliminate them from ideas to try ,  i am interested in peoples timing of bets . ie  are  RP favorites likely to be shorter , closer to the off .
By:
ZEALOT
When: 24 Oct 10 21:46
There are many horses  that are backed 10-15 minutes before the off .
Find some + criteria ,    put them to the horses and watch their betting patterns .
By:
SHEFFIELD BLADE
When: 25 Oct 10 13:39
Thats a good idea Zealot , but would take months to set up however they say patience is a virtue
By:
Capital Blue
When: 25 Oct 10 14:21
Used to back the Fineform max rated (won last two, course and distance winner) on a Martingale staking system.

Ah, the naivety of youth.
By:
zipper
When: 26 Oct 10 18:21
Laying The Nap Boys  in the Racing Post  Comp  is pretty much unbeatable  BUT  and with me  theres always a  BUT ...  take this Tightfist  we have in the past  had plenty of  banter  about this  matter    what you need  re the naps  boys and girls  .. price all the naps up .........your price  not  Laddies  Billys  Hills  or  Corals  ........ YOUR PRICE  get the drift  when they are out of line LAY EM  when  you agree BACK EM ....... its  easy peasy .....
By:
Kukken
When: 26 Oct 10 18:35
The under x-number of goals system. It has a major flaw.
By:
FINE AS FROG HAIR
When: 26 Oct 10 20:33
Kukken
I'm surprised that you're buying into or even investigating systems in the public domain.
By:
sean rua
When: 26 Oct 10 21:15
Some stats outfits show you which systems no longer work. Try looking at Flatstats for instance. They've got data on systems that used to work but have gone off the boil. Could save you a lot of wasted time and effort.
By:
Coachbuster
When: 26 Oct 10 23:07
live and learn as they say  Grin
By:
FINE AS FROG HAIR
When: 26 Oct 10 23:18
Not on here they don't.
By:
Tightfisted
When: 27 Oct 10 09:40
Zip, you know I'm a system man, here's my latest.

Since you've returned to the nap comp., you've AGREED 32 times with the Naps 'Boys' which has made you a profit of +9.15 points and DISAGREED 55 times with a loss of -11.31 points. 

So if I place 400 on the nose when you AGREE and when you DISAGREE, Lay your nag to win 100, I'll be on to a winner... but this thread is for losing systems so I won't bother to dig deeper and publish the stats.
By:
kenilworth
When: 27 Oct 10 09:47
FAFH, I wonder if you could give an opinion on
the opening post question ? You never seem to
do that it seems.
By:
FINE AS FROG HAIR
When: 27 Oct 10 10:32
I have never bought a system in my life, I'm happy to say.
By:
zipper
When: 27 Oct 10 16:21
Tightfist  the nap boys  (your words from now on in  Zip  Agreed  32 times  and made + 9.15  profit ....zip disagreed 55 times   and  lost   -11.31..
My advice to you  and yes i know this is Arrogant  Keep taking the pills & go and lay down in a dark room.You are such a ........
put your own word in
By:
Tightfisted
When: 27 Oct 10 22:23
zip, when you start bragging how easy peasy it is, make sure the fan isn't blowing your way. Devil
By:
Serik
When: 28 Oct 10 02:23
Backing Liverpool this season Cry
By:
SHEFFIELD BLADE
When: 07 Nov 10 18:21
Any more failed systems   ?
By:
not-so-flash-harry
When: 07 Nov 10 19:10
I've been following the nap boys for a few months and the results suggest backing them is the way to go. If you had put 1pt on every nap (ie 52 per day) since June 1st, you would be 342 points up. The naps table is misleading because it's done at industry SP. At betfair SP, most of the tipsters would be in profit.
By:
top2rated
When: 07 Nov 10 19:19
31/07/10 Goodwood
Evens And Odds
3 Naps
Won @ 38.50 BSP

Shocked

This one horse accounts for approx. 30% of the gains.

Sad
By:
not-so-flash-harry
When: 07 Nov 10 19:25
That's true. But why is that a bad thing?
By:
top2rated
When: 07 Nov 10 19:56
Not saying it's a bad thing but that was one result that immediately came to mind.

I'm not disputing your figures either, but a few long-priced winners can distort the picture.  I remember years back the trainer David Nicholson showing a substantial level stakes loss with his runners at Leicester.  Then one day he sent out a 150/1 winner and at the next Leicester meeting the Trainers Table in the Racing Post showed his runners had recorded a sustantial level stakes profit.  All down to that one winner.

If you can do do it, it may be an idea to work out the VSP% figure.

This is a percentage return calculated using variable stakes on a cover-to-win one point basis (e.g. 1 point staked at evens, 0.5 point staked at 2/1, 0.1 staked at 10/1).

This gives a useful measure of the distribution of winners' prices.  High LSP% profits produced by the occasional long shot will not be reflected in similarly high VSP% returns.

Many commercially available systems with apparently good LSP% returns fail to live up to expectations precisely because their historic profits were based on fluke high priced winners.  Comparison of LSP% and VSP% figures will expose this weakness.

Good luck.
By:
not-so-flash-harry
When: 07 Nov 10 20:36
Thanks, top2. I agree the VSP would be informative. It would be interesting to see if there was a profitable cut-off point in the odds for a backing or laying system. It's something I might look into.

I did quite well backing the naps over the summer but have backed off recently. I thought profits might drop as the NH season kicked in before the form settled down, but if anything, the naps have become even more profitable. I haven't got the figures in front of me, but it's something like 9 winning days from the last 10 and a 31% strike rate.

It's also surprising how their opinion can be so divided and yet as a group they come out on top. In some races, they can nap up to eight different horses, but remain profitable.
By:
top2rated
When: 07 Nov 10 20:43
not-so-flash-harry

You may be aware that you can view the Napster's daily selections for free at http://www.dailynaps.co.uk/

You can also view the Napster's daily selections going back as far as September/October 2007 by clicking on the Previous Racecards tab near the top of that page.
By:
FINE AS FROG HAIR
When: 07 Nov 10 20:59
top2rated
I hope the very sensible suggestion you just made, re VSP, does not get lost in all the other generalised twaddle being posted on here.
By:
not-so-flash-harry
When: 07 Nov 10 21:03
Yes, I've seen those before, thanks. I'm not full time on here so it will take some time for me to go back through previous years and see if there is any consistency. For now I'm pausing while I'm ahead as I'm surprised the naps are that successful and I'm not convinced it will last. I'm aware that many people have tried and failed to base a system around them so I may have just been lucky.

Out of interest, has anyone tried the Dailynaps software for sale on the site? The "loss recovery" plan doesn't fill me with confidence. I smell Martingale.
By:
FINE AS FROG HAIR
When: 07 Nov 10 21:07
No so flash
A strong argument for buying any publicly available system would be that it should at least teach you what not to do.
The reason, and the only reason I can see, for anyone selling a system is that it has outlived its usefulness ( if it had any in the firstplace) and has become a failing endeavour.
Too cynical perhaps ?
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