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HORSETRADER
STRATEGY
Selective Betting
It is crucial if taking
our betting seriously to be disciplined. We will choose our bets
carefully in order to maximise profits. Most of our selections will
be geared towards the bigger racedays when the markets are at their
strongest. This will give clients a better chance of getting their
money on at the advertised prices.
There will, of course,
be losing days as well as winning days. It is important to be calm
about both outcomes. Discipline is the key, as there will inevitably
be peaks and troughs in the course of the betting year. It is long-term
income we are interested in achieving, not short-term gains.
We will make our recommendations
to a points system. So, as an example, we might recommend 2pts to
win at 4-1 (William Hill) on Silver Arrow. Let us explain each element
of this:
Each Horsetrader member
should have a 100-point betting bank, say for example £10,000. If
we recommend 2pts to win, it is our suggestion that you should invest
£200 on the selection, Silver Arrow. If your bank is £5,000, a 2pt
bet would require an investment of £100.
We also recommend a bookmaker
with whom you should try to place the bet. We will suggest the bookmaker
with the best current available price, but we will be realistic
about this and will not advise prices that we think might not be
obtained. It is important for clients to open accounts with leading
bookmakers in order to ensure that the optimum prices are obtained.
Inevitably, your betting
bank will alter with results. We recommend that you always keep
the points system in ratio with your current bank. Thus, if your
bank reaches £15,000, then a 2pt bet will be worth £300.
Exchange
Trading
It is our firm belief
that exchange trading can be a lucrative sideline to conventional
betting. However, we need to make clear the fundamental differences
between the two forms of investment, as they make different requirements
of the client.
Horseracing exchange
markets are wildly fluctuating. A horse which trades at 4.00 one
minute (3-1) may be 7.00 (6-1) two minutes later and, of course,
vice versa. It is obvious therefore that the trader who has a good
record at predicting the fluctuations - the "highs and lows" - can
make a profitable income from such predictions, in exactly the same
way as a stockmarket trader would. We are experts in this area and
can advise clients of likely fluctuations so as to ensure a long-term
profit.
Our advice would take
the format of:
Back Silver Shadow at
4.50 (7-2) for 2pts: or
Lay Silver Shadow at 5.00 (4-1) for 3pts.
In the first case it
would be our belief that Silver Shadow would shorten from 4.5 and
in the second case that Silver Shadow would lengthen from 5.0.
Once you, the client,
had acted on this advice, however, it is then that the different
requirements we spoke of earlier come into play. It is now the responsibility
of the client to make a decision as to the next move. We believe
that our clients will make money by simply following the above advice
and doing nothing further.
However, for those of
a more risk-averse mind, it should be possible in most circumstances,
time permitting, to hedge your position later in the day by taking
back a better price than was laid (or by laying a shorter price
than was backed). This has to be the client's choice as the decision
will be determined by time factors and access to speedy computers.
We emphasise, though, that simply following the first advice will,
in our opinion, be profitable in the long-term.
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