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News Letter - June



Well I suppose the big one was the Money Programme feature on betting exchanges featuring none other than Raj Patel from Losers into Winners.

If you missed the programme or wish to read a bit more about Raj himself then here is a very useful link for you.

It was quite interesting to see that the bookies were so upset mainly because they couldn’t influence the SP’s so much anymore although their argument was based more on betting tax!

Somebody forgot to mention that we to have to pay a percentage of our winnings over to the exchanges, so in fact we are paying to bet and that money is being taxed.

Still that’s an argument that will rage on for a while longer I expect.

**New Product**

As you can probably guess from the title this system looks to maiden races to find “Lay of the day”.

Written by Jon from the Bismarx Midas Maiden Method comes in the form of a downloadable Ebook that will only work on PC’s.

Maidens are the first choice for people to pick on for a “Lay” bet, but you may be surprised to find out that they produce a high percentage of winning favourites and I know last month and this month (May – June 2004) that figure has been around the 60% mark!

My only gripe about the Ebook is the navigation, I like to see a standard HTML type navigation in products, but Jon prefers you to use the “Back” and “Next” buttons at the top, I know I am being silly!

The “Midas Maiden Method” uses a 4 rule selection process that eliminates many of the maidens you will find on a days racing and then looks at the remainder giving you a further 2 rules to use against them to get down to one selection.

Does it work?

Key: Sunk – We won. Missed – We lost

MAY
1/5/04 15.20 Hayd MISTER LINKS.....SUNK!,
3/5/04 14.10 Kemp P’NET TOMATO...SUNK!
4/5/04 14.20 Bath ICEMAN....SUNK!,
5/5/04 17.30 Naas LORD NELSON....SUNK!,
6/5/04 19.30 Clon HIGH DAY...SUNK!,
7/5/04 16.30 Ling CASTLETON...SUNK!,
8/5/04 16.30 Bev LANGSTON BOY......SUNK!,
9/5/04 15.30 Uttox EGGMOUNT..SUNK!,
10/5/04 20.15 Wind INCURSION..MISSED!,
11/5/04 14.40 Hunt ZONERGEN..MISSED!,
12/5/04 18.00 Balli ASANINE..SUNK!,
13/5/04 13.40 Salis GALEOTA..SUNK!,
14/5/04 17.50 Cork INTRIGUING..MISSED!,
15/5/04 15.45 Newb BLA SHAK..SUNK!,
16/5/04 15.55 Fake BALLYVADY...MISSED!,
17/5/04 16.10 Bath CHARLESTON..SUNK!,
18/5/05 15.45 Good MUTAHAYYA..SUNK!,
19/5/04 18.15 Clon YOUNG VINTAGE..SUNK!,
20/5/04 14.20 Newc ROYAL ISLAND...MISSED!,
21/5/04 14.00 Hay SPACE SHUTTLE...SUNK!,
22/5/04 16.35 Newm LONG ROAD....SUNK!,
23/5/04 17.45 Curr MONASER..SUNK!
24/5/04 19.15 Win FRUIT OF GLORY...SUNK!,
25/5/04 16.10 Rip GRAND BUTONE....SUNK!,
26/5/04 21.00 Leop AZAROUK....SUNK!,
27/5/04 18.55 Weth SIR BRASTIAS..SUNK!,
28/5/04 18.35 Pont BAILIEBO’GH...MISSED!,
29/5/04 14.00 Hex ALL ROCK HARD..SUNK!,
30/5/04 16.20 Newm ALICIA..MISSED!..
31/5/04 15.30 Sand LIWAS LAKE...SUNK!..

A total profit of £1640 for May.

The system is really easy to follow and uses the Racingpost to help with the selection process.

I like the way Jon has used several examples to show you how to use the selection process and the further pointers to look out for, including helpful graphics.

Jon has made the product as easy to follow as possible and included a staking plan that although I use the same one myself is not suited to everyone.

Although going by past results I do think that level staking will probably suffice.

Overal:
Midas Maidens is a well written product that does what it says it does!

Who is if for?

If you own my own my own lay betting system you probably don’t need this one but if not and you want an easy system to follow then I would rate this above many of the others out there.
v It gets 4 out of 5 from me.

Click Here to read more.
**My experience this month**

I have been playing around with a lot of ideas this month especially to improve the strike rate of my “Lay Betting System”.

When I first started to “lay” I was probably like a lot of people who thought that as about 1 in 3 favourites lose, it must be real easy to pick one!

But the reality is a little different and although you could probably take a chance on a handicap favourite at 9/1 you know the liability makes it extremely risky.

So finding races where the liability is low but the chances of the favourite losing are high is the skill of the day!

I have tried a number of different selection ideas which are reflected in the latest version of “The Lay Betting System” and there is no doubt that the improvements have been exceptional, but I still want to see if I can improve it some more.

The problem is that I do not want to make it over complicated, otherwise people will not use the system, which would be a waste of their money!

So I have been tinkering around using one or two extra pieces of information added to the selection process, but at the same time I am trying to make it easier to spot the day’s selection, especially where you can have 2 or 3 races that on paper look to have an equal chance.

I have now come up with a points system that you quickly run over the day’s selection and then it is easy to see the final “lay of the day”.

The last 3 days I have used this system the favourite has lost!

I will be refining it this week and then will send the final details out to the owners of the “Lay Betting System”.

**Other Stuff**

If you are a member of my forum then you will probably already know that apak24 has been trying a new system lately, that isn’t that bad. I thought I would share the details here.
http://www.horseracingsystemsuk.com/forum/topic.asp?TOPIC_ID=495

You need the Daily Mail

On many of the meetings you will see something similar to this: FAVS:0120210212

0 Means that none of the top 3 horses in the betting won the race.
1 Means the favourite won
2 Means the second favourite won
3 Means the 3 Favourite won

This actually shows you the results from the last ten years of the race.

NOTE: Not all races will have this and some will not have as many entries.

The races that qualify will have at least 7 numbers prefably 10.

Only choose the races where the favourite has only won 1 time, you may stretch this to 2 but I would wait until you are happy with the results.

So this qualifies

FAVS:0120200202

This doesn’t

FAVS:0120210212

Let me know how you get on or go to the forum and post your thoughts http://www.horseracingsystemsuk.com/forum/topic.asp?TOPIC_ID=495

**Finally**

I intend to expand this news letter over the coming months, with things like “Site of the Month”, Interviews with “Lay” tipsters and hopefully some more freebies.

If there is anything you would like to see then drop me an email.

Till next time.
Malcolm

To add yourself to this news letter please click here

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