Horse Racing Today 31-08-2010

Hi Everybody,

A lot has happened when publishing the post Horse Racing Today on 25-08-2010.

Today is Month End and lets see what results were achieved on Horse Racing Today. First of all the good news… We made a nice profit.

Our Betfair Account shows an overall profit of +23,32 EUR. This is a plus of +9,34% on our initial bank.

When started on 25-08-2010 until today, 31-08-2010 we actually saw it all…. We had one scenario where the spl4 staking-plan lost the sequence and luckily the special rule kicked in to stop, if the 4th recovery bet is a losing bet. That happened on 27th Aug 2010.

Lets see what the past few days Horse Racing Today brought us:

26-08-2010 we had 7 winning bets

27-08-2010 we had 12 winning bets and 3 losing bets. 2 of the losing bets were in a row and we had a loss of 8.91 EUR, but also won 6,32 EUR. An overall loss for the Master System of -2.59 EUR on this day

28-08-2010 we were matched with 16 bets. 14 bets were winning bets and 2 were losing bets, but the spl4 staking-plan did a good job and we ended the day with a nice profit. +2,92 EUR. Its a pity that we lost on the last race of the day, so that the spl4 staking-plan kicked in again and will continue to place the lay bets in recovery mode tomorrow

29-08-2010 Horse Racing Today started with a losing bet and we face again a loss with the first selection of the day. The spl4 staking-plan went into the 2nd level and did a good job on the next 3 bets. But we got hit on the 4th bet and had to face the second loser of the day. 10 winning bets and 2 losing bets. Due to the losing bet being in level 2 the day ended in a loss of -12,40 EUR on the Master System

30-08-2010 we got 17 matched bets, out of which 3 losing bets we had to face. Again the spl4 stakingplan 4 had to go to level 2, but managed nicely. Horse Racing Today ended the Master System in profit with +2,84 EUR.

31-08-2010 a perfect Horse Racing Today with 9 winning bets.

So, what is the statistics on the Horse Racing Today for the few days we used the HiPro86 software bot in August 2010:

Winning bets: 82

Losing bets: 11

strike rate: 88,17%

profit/loss: +0,81 EUR or +0,33% on initial bank

longest winning streak: 13 wins in a row (happened 3 times)

longest losing streak: 2 losses in  a row (happened 3 times)

highest draw-down on the Master System: 19,50 EUR

profit on highest draw-down: +4,15%

Yes, the profit is low, but it is a profit. We achieved this profit with just 19,50 EUR being our maximum draw-down of our account. So, we only had to use 7.8% of account to run the software bot HiPro86. That again is real fantastic and we look forward to the next month of September 2010.

Tomorrow I present to you the results of the other 2 systems which are involved in the HiPro86 software. As you know we achieved a total profit of +23,32 EUR. That means that the Favourite Kill and Range Master performed tremendously on Horse Racing Today.

Talk soon and have a nice time with Horse Racing Today.

Thomas

Introduction to Horseracing

Horseracing is a very exciting and lucrative sport. Anyone who hasn’t been to a good horserace track is missing out. Winning lots of money at horseracing is very possible. In fact, it tends to get overlooked in the sports betting world. Think about this. If you were going to wager on a baseball team that was far better than the team it was facing, you might have to lay down $2.50 to $3.00 to win $1. In horse racing, you can often wager on a horse that’s superior to the rest of the field (even a small field) and receive a much better line.

Since this is an introduction, let’s talk about the basics of horseracing itself. A horserace can consist of two or more horses. The field, as it is called, varies from race to race. There are three main finishing points in any horserace—Win, Place and Show. Win is of course first place. Second place is called Place and Show is third. These three spots are known as “in the money.” A horse that doesn’t finish in the money is referred to as “also ran.”

Horseracing offers a plethora of wagering options. For instance, one can wager on a horse to win, place and show—also called “across the board”—or any mixture of the three. There are also other wagers, which are called “exotics”. One example of an exotic wager is a Trifecta. A Trifecta wager consists of three horses that will finish in the exact listed order. For example, if a bettor placed a 5-8-1 Trifecta, the 5 horse must finish first, the 8 horse second and the 1 horse third.

Another example of an exotic wager in horseracing, and a popular one, is the Pick 4. Horseracing bettors play Pick 4’s constantly. When a bettor makes a pick 4 wager, he or she is picking the winner in four consecutive races. Winners of the Pick 4 are paid from a pool of wagered money. There’s also a Daily Double, Pick 3 and Pick 6. In the event that there’s no winner, the money is carried over to the next day. This happens often with the Pick 6.

One of the best things I like about horseracing is the quickness of the races. Unlike a baseball game, I don’t have to wait three hours to find out if I won or not. Additionally, unlike other sports, there can be up to hundreds of races on a single day. A typicalhorserace track will run eight races or more per day. There are many horserace tracks around the country. There’s a lot more to horseracing, but this introduction will start you on the right path.

Horse Racing Handicapping Tips

Horse racing handicapping should include analyzing the human element, especially in claiming races when a horse makes his first start for a new trainer. It’s quite common among novices simply glance at a horse’s speed indexes and final times when making their selections, but wise handicappers compare the records of the current and previous trainer. The several questions may arise: when is the right time to wager on a horse in a new barn, why does a horse suddenly improve or regress for a new trainer, what rules should we understand about a newly claimed horse?

We must first analyze the record of the former conditioner before we judge whether a trainer can improve his recently claimed horse, for instance, if high-percentage trainer claims a horse from a trainer with a poor winning percentage, we can assume the horse will improve in his new surroundings, and if a low-percentage trainer claims a horse from the track’s leading trainer, we can conclude the animal won’t improve – more than likely, he will regress.

Quite often, we are able to eliminate from consideration a betting underlay when the horse goes from a high- to a low-percentage barn. Indexes of a high recent speed horse for a leading trainer often has declining figures for a new outfit. This may result in betting overlay when a horse with dismal recent form for a low-percentage trainer hooks up with leading trainer in wins.

On the one hand, a claimed horse returned at or below its last claimed price used to be considered a negative but with higher purses nationally, a claimed horse can earn a sizable pot even if he is returned at the level he was purchased. More trainers are willing to risk possibly losing their newly claimed horse for the same or even a slightly lesser price because they would still earn a profit from the purse winnings.

It’s easy to understand why some trainers are willing to run their newly claimed horses at or below their claimed price – they place their horses where they are most likely to win, and even if another trainer claims one of their horses, they will show a return on their investment if the horse wins or hits the board.

Always consider jockey and equipment changes – a horse claimed from a low percentage stable is likely to have a top rider for his new barn, and a leading jockey on a newly claimed horse would be a big improvement over his previous riders who might have a low win percentage.

For a successful analysis of a newly claimed horse, we must know as much about the new trainer as we do the horse. Remember, handicapping the horse and trainer separates the novice from the veteran.

Horserace Betting Tips for Beginners

For many of us having a bet on the Grand National is about the extent of horserace betting but what about if you fancy taking a jump into this jargon fueled minefield? There is no question that being a beginner in horseracing betting is very daunting indeed as there are so many imponderables: the going, the draw, the handicap and, of course, the trip.

As with most jargon the reality is far less complicated than most would have you believe and for some reason the seasoned pro often sneers at the beginner which does little to encourage the novice. So let’s explain some of these important factors.

The Going: this refers to the state of the ground that the horse will actually run on and is arguable the most important single factor. Picture yourself running on sand, tarmac and grass – you will clock a very different time over the same distance on each type of ground this is the same for horses. Equally, if you challenged a friend of similar fitness you are likely to find that you are better on, say grass, and your friend is quicker on the sand. This is very true of horses, some love ‘some cut in the ground’ – softer ground – and others love to ‘hear their hooves rattle’ – firm ground. It really is as simple as that, you then have to found out which horses prefer which ground and make sure they are on their favored surface before placing your bet.

The Draw: if you picture the starting stalls of a horse race, the draw is simply which stall they will come out of – this is NOT necessarily the same as their number on their side underneath their saddle. But what’s the big deal? On some racecourses whether you are drawn high or low can make an enormous difference to your stead’s chance. For example, Chester racecourse is very ‘tight track’ meaning the bends are very sharp – it is in fact like a circle – and therefore as you can guess it is generally favourable to be on the inside rather tan taking the long way round. Obviously, the longer the distance of the race the less this factor will matter which brings us neatly on to ‘the trip’.

The Trip: this is simply the actual distance of the race – in horseracing, like in athletics, there are many different distances for races and, like in athletics those better at long distances are rarely as good at sprinting. For example, the Grand National is 4 miles and a half miles and the shortest distance is just five furlongs. Ah, ‘furlongs’, what is a furlong? A furlong is exactly 1/8th of a mile, so four furlongs is half a mile. Why do they still use furlongs in horse racing? Who knows!

The Handicap: a lot of horse races are handicaps and this is, for once, exactly as you would expect it to be. The best horse in the race will be given more weight to carry than the worst. The theory being that this will level up the chances of every horse but inevitably because of all the other factors discussed above this rarely happens. Nobody said horse race betting was easy but at east hope fully you are now armed with some basics to kick off with. Good luck!

Betting The Horses

Among the oldest spectator sports in the U.S., horse racing originated with the British who introduced the sport to Colonial America a century prior to the Revolutionary War. Proving hugely popular with the colonists, horse racing has remained so, that is until recent years. While still attracting a considerable number of fans, there has been a noticeable and continuing decline in live track attendance.. This can be directly attributed to competition from other forms of gambling, and most certainly due to the convenience of betting at off-track facilities and more emphatically via the internet.

There are still plenty of die hard handicappers out there, but with gambling sites offering streaming audio/video, etc. the horse player can experience the excitement of the race and place bets with the on-line casino without leaving home. In fact there are literally billions of dollars still being waged on horse racing, but it is estimated that no more than 15% of those wagers are placed at the race track betting windows.

When bets are made off-track, the tracks end up with a lower percentage . However, all of that aside, internet wagering is continuing to grow by leaps and bounds, and there are apt to be more novice bettors playing the ponies through the web than there are novices attending the race tracks. Many bettors new to track betting don’t realize that a player needs to at least know something of the basics of betting on a horse and the reason that particular animal was chosen as a would-be winner.

To begin with, there are two types of horse racing competition. There is harness racing in which a driver rides a two-wheel cart and is pulled by a “trotter”, a horse specially bred and trained for this form of racing. Then there is thoroughbred racing in which a jockey sits astride a saddled racehorse.

There are various ways to bet on a horse race, and would-be handicappers must familiarize themselves with all of them:

Win – Place – Show : Win is to bet on which horse will win the race, and pays higher than place or show. Place is to bet that a horse will place first or second, and pays less than Win. Show is betting that a chosen horse will finish in third place or higher and pays less than Win or Place.

Perfecta: Two winners must be chosen and must finish in the exact order as wagered.

Quinella: Similar to the Perfecta, but winners can finish in any order.

Trifecta: Bettor must choose the first three winners of a race in the exact order as wagered.

Daily Double: A track wager in which the bettor must select the winners in two consecutive races. Usually the first two races of the day.

Pick Three: The bettor must pick the winner in each of three consecutive races.

Interactive race wagering was introduced in the U.S. in 1991, when Television Games Network  introduced a television racing network available through cable and satellite programming services.

Horseracing Today 25-08-2010

Hello Everybody,

Horseracing Today was of a good start.

We have started our live trading session using the HiPro86 Horse Betting Software Robot and we got off a real good start. The Horseracing Today was on our side and we ended the first day with a nice +3.89% in net profits = +9,71 EUR.
We started our account with 249.71 EUR today (25-08-2010). You can see I had deposited 250,00 EUR into the new created Betfair account on 11-08-2010. I had to test the horse betting software and did some adjustments which brought the account slightly down. But that is alright and our starting betting bank will be 249,71 EUR on Horseracing Today.

We used the following settings on the HiPro86 Horse Betting Software for the coming session and used it on the Horseracing Today.

The Master System Settings we use will be a little different to what the Info Panel of the software application is offering. We try to use a little more secured settings, knowing though that this is still betting and profits cannot be guaranteed. However, we can minimize risk and at the same time achieving some nice profits on Horseracing Today. The stakes my look low, but the profits can add up nicely because there will be a good number of matched bets using the Master System.

Master System Settings

Just 0,33 EUR being the stake? Yes, we use just 0,33 EUR being the stake! Since we use the max odds to be 19.0 on Betfair we can await a number of matched bets.

And that exactly happened in the Horseracing Today. We had 15 bets out of which 14 were winning bets and 1 losing bets. That is really good….

Range Master uses the same selections as the Master System does. However, Range Master uses those selections which trade higher than the odds of 40 on Betfair. We follow the recommendation and use the same settings as shown inside the Info Panel of the software.

Start odds to be 40 and End odds to be 250. Since we limit our risk with each possible selection to not lose more than 50 EUR we know that the stakes will be low as well. But since the strike rate goes as high as 98%, means we will win 98% of all matched bets, we think risking 20% of our total bank should be “ok”.

On the Horseracing Today we achieved a profit of 2,16 EUR made from 3 winning bets. Knowing that we risk 50 EUR per each matched bet, it means that we got a profit of +4.32%

Using this settings would mean we get about 1 to 3 matched bets each day. On Horseracing Today it had been 3 matched bets.

Range Master Settings

Favourite Kill System uses selections which are of lower odds. The settings show that we take odds of up to maximum 9.00 on Betfair.

We use small stakes again. With the settings using 9.00 on Betfair and trying to recover losses within the next 2 matched bets, we are risking 13.20 EUR in case we will be matched with the odds of 9.0 on two consecutive bets and losing them both on Horseracing Today. This can happen, because mostly we place the bet with Favourite Kill against the Favourite Horse as what the System name already announces.

Well, the Horseracing Today gave us a fantastic result on our first trading day. 9 winning bets and 1 losing bet. All this on low odds. A tremendous profit of 3,63 EUR which represents +27.5% based on the risk we are taking.

Favourite Kill Settings on Horseracing Today

Alright, as said a few times already. It was a real good day at the Horseracing Today.

Finally I would like to show the Betfair account settlement. A 5% commission has been  deducted.

Well, there is a lot more to come…

Come back here and see the true results HiPro86 is achieving. They offer a 5-days-free trial. Go to http://www.hipro86.com and sign up. There is no obligation.

There will be bad days as well and those are coming definitely. But at the end of the month or maybe a few days later we hope to see some nice overheads. The Horseracing Today was off a real good start and we will see more like this.

Horseracing Today brought the following results:

Master System

14 winning bets – 1 losing bet – average matched odds: 12.02

Range Master System

3 winning bets – average matched odds: 71.67

Favourite Kill

9 winning bets – 1 losing bet – average matched odds: 5.50

Profit: +9.71 EUR

New Bank: 259.42 EUR

Profit on initial Bank: +3,89%

Happy Racing on the remaining

Horseracing today.

Thomas