The latest instalment from our team of testers who have been keeping an eye on the world of commercially sold systems and betting services. It is fair to say that most do not deliver on their profit claims but Rod & Keith do unearth a few gems!
This week’s update comes from Keith:-
Pinpoint Ratings Dutching Trial
After 8:00 pm each evening I visit a website where the next day’s selections for this trial are posted, the top two rated in an average of half a dozen races together with the odds available with Bet365 or Boyle Sports, as these are the only remaining bookies offering BOG with bets placed the previous day.
I then go to www.aceodds.com/bet-calculator/dutching.html , enter a total stake of 10 together with the advised odds in order to determine the amounts to be placed on each selection.
The aim here is to ensure the same profit whichever of the two race selections win and which will be enhanced should the winner’s odds have drifted by the “off”. Of course, by placing early bets there is always a chance of a Rule 4 deduction but fortunately Bet365 does not enforce the 5% rule for odds between 10 & 14/1.
During the first month there were 166 top-twos, between 1 and 12 per day. I ignored 3 of these as the calculator indicated that the odds would have to drift to show a profit but all the remaining 163 were OK.
Staking 10 points per race there were 99 winners, a strike rate of 60.74% and staking 10 points per race produced a profit of 49.54 points, an ROI of 3.04%. However, it was quite noticeable the different frequency of winners between handicap and non-handicap races: the 51 handicaps had the winner in 22 races, a strike rate of 43.14% losing 61.10 points whereas the 112 non-handicaps had 77 winners, a strike rate of 68.75% yielding a profit of 110.64 points, an ROI of 9.88%.
I will continue to follow this thread and report on it next time.