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Betting School

The Number One Success Factor

by admin on January 9, 2012

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We have just opened the doors to a very special new years offer
for membership of the Betting School Insiders Club.

The offer is for annual membership which includes.

  1. The next 12 months issues of the club members report – This
    is where we share systems, strategies, methods, research and
    trends every month.
  2. The next 12 months Club Tips – We know that not everyone
    has time to find their own selections. Especially in the early
    days when they are not making much profit. That is why we
    provide 3 tipping services to our members everyday.
  3. The last 12 months issues – We have 136 sets of the 2011 reports
    and the 1st 136 people to join will get a set. This will kick start
    the membership as you will have all last years systems to review.
  4. Binders to keep your reports safe and tidy.
  5. Scoring for Profit – This system currently retails for £67.77 and
    is 66 points up so far this football season.
  6. ELM Elite Selections – These lay selections that made 144 points
    profit during a live trial sell elsewhere for £27 per
    month and are included in this package.
  7. Football Betting & Trading Strategies – A collection of
    research on the factors that effect football outcomes
    and odds
  8. Tennis Betting Strategies
  9. MIT system
  10. Bumper System

To join now and have the best possible chance of making 2012
a winning year Click Here

http://www.betting-school.com/2012res

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The number one success factor

A lot of readers have said that the number one success factor
is value.

It sort of is, but we consider that a good source of winning
selections is a source of value selections for them to be good.

But we are talking about price.

The price you take.

Let’s think for a minute about how bookmakers work. In theory
they lay all the selections in a race and they lay at prices that
guarantee a profit whichever selection wins.

In practice they may not get equal amounts wagered on all
selections and for that reason a particular race may not be
profitable for them.

But over the long term because of this profit built into their
prices (Called the Over Round) they make a long term profit.

Bookmakers over round varies but on horse racing it is generally
over 110%.

And it is a fact that if you could lay at bookmaker prices then
you too would make a long term profit.

It is another fact that you can regularly lay at or below industry
SP just by following the markets and striking at the right time.

Now this takes some skill and judgement and you won’t beat the
bookie price every time.

But there are pro’s who spend most of  their time and energy on
getting the right price and who over the long term on average
lay at better than bookmakers SP.

Now this may be too much work, especially if your betting is
more a profitable hobby than a full time occupation.

But your long term winnings can be boosted and in many
instances taken from a losing situation to a winning one
just by beating Betfair SP.

Which is a whole lot easier to do.

As I was writing this it occurred to me that I need to provide
an example in order to demonstrate that this is achievable.

So I opened up one of our test Betfair accounts and studied the
1.40 at Taunton and placed a lay bet on Night Rose at 4.3.

Night Rose returned 4.33 Betfair SP, so I just beat that. But iSP
was 4.00.

So this wasnt quiet good enough so I waited for the 2.10 at Taunton
where I layed Rangitoto at 3.48.

This one returned an industry SP of 3.5 and a Betfair SP of 3.65.

Success on my second attempt, for each race I started watching the
prices at about 10 minutes before the off and so it took a little
time and effort to achieve.

But doing this consistently will make a major difference to your
profit and loss.

The screenshot below shows the bet and the fact that there is no
SP shown in the centre shows that this was bet before the off.
Double click the image to see at full size.

Betfair iSP Proof

 

Let’s talk briefly about another area of betting which relies
on prices. Arbitrage.

A lot of people think that arbitrage is not possible anymore.
I wouldn’t recommend starting an arbitrage career right now
because it is harder than it has ever been. But I know four
people who make their full time (and I’m talking £30 -
50k/annum) from arbitrage.

The key skill that means the difference between setting up a
successful position and not is the price that they take on
each side of the bet.

These guys don’t care about form or who’s going to win they
just care about the price they take.

All of this brings me back to my first email when I said that
this factor is more important than a good source of winners.

Because with patience a focus on getting the best price possible
can turn a random selection method into a profitable one.

And it can certainly turn a mediocre system into a worthwhile
long term profit.

If you spend an hour finding your selections then you owe it to
yourself too be just as diligent with getting the best price possible.

Getting the best price possible, not just a value price, is the number
one success factor.

Learn to do this and then do it on every bet you make and you are
well on your way to success.

This is the most important thing that I have said over the last
seven days. Please take it on board and put it into practice.

I do hope that you have enjoyed these emails. I know a lot
of readers have found them valuable from the comments
that have been left.

I hope that the ideas that we have shared will make a
difference to your betting in 2012.

Do mail in and tell us about your successes and if you decide
to join us then of course you can share your successes and
challenges in the members area. And if you are having challenges
myself or somebody else on the team will be on hand to support
you.

It’s a tough game and requires a strong head and perseverance
to make it, but you can do it if you put your mind to it.

Together we can win

Darren & Steve

PS Join us here http://www.betting-school.com/2012res

 

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