SBC members were treated this week to the release of the latest betting magazine. Within this issue a distinct theme ran, for the three services put under the microscope each had something fundamental in common…they release bets to their subscribers the night before racing.
Now if you’re fairly new to betting you may be thinking, so what? If you’re a seasoned bettor, you’re probably thinking, “Really?”
You see, the problems associated with consistently putting on bets the night before the racing actually takes place are numerous and the effect of you doing so can have deeply significant consequences.
The problems stem from the fact that evenings are when bookmakers, bless their little cotton socks, are feeling particularly vulnerable when it comes to taking bets on the nags. The markets are immature, there’s not a great deal of money floating about, and because they can’t be bothered to employ a team of skilled analysts and traders to price up their books (which is what they used to do back in the day), they know that some of the prices they are offering are out of synch and that they can be punished by someone skilled in spotting their mistakes.
So what do they do? They slash prices as soon as they see any kind of significant money coming in, and they mark the accounts of those doing the betting. If they see customers regularly taking night-before prices on horses whose ultimate SP is shorter, then they send out one of their lovely little emails telling that customer that their business is no longer welcome.
Before we write tipsters who tip the night before off completely though, it is still possible to make good money by following them. The reviews of the tipsters in the SBC Magazine show you how, and they also raise the other issues associated with betting very early.
In the meantime, if you are betting willy nilly in the evenings on the following day’s racing, just be careful, eh? Pick a few steamers and you’ll find yourself persona non grata with those sensitive bookies. And we don’t want that now, do we?
Betting Performance from Monday 10th – Sunday 23rd September
Behind the scenes there’s been a whirl of activity. The reason? I’m going to revamp the portfolio. There are going to be some changes which are not a reflection on any of the services in themselves, but of a desire to have a bit more variety in the sports involved in the betting and to show what can be done by laying as well as backing.
Importantly too, it is going to show you how you can start small, and by following the right services and reinvesting profit, how you can grow a portfolio to a significant size.
The new portfolio will be launched on the 1st October, at which point too I’ll be able to reveal who’s in. Exciting times, eh?
In light of this, I don’t want to make too much comment now about how services are performing so for this post, I’m just posting the figures.
Here they are…
AH Edge: Staked 21pts, +1.96pts, ROI 9.33%.
Fake Mug Bets Club: Staked 78pts, -33.75pts, ROI -43.26%.
Football Service 1: Staked 1pt, +1.07pts, ROI 107%.
Jason James: Staked 33.5pts, +16.2pts, ROI 49.25%.
MVS (Lite): Staked 26pts, +3.5pts, ROI 13.46%.
Northern Monkey: Staked 30.875pts, -10.317pts, ROI -33.41%.
Pilelist Racing: Staked 17.45pts, -5.475pts, ROI -31.38%.
Racing Service 1: n/a
Racing Service 2: Staked 43pts, +13.75pts, ROI 31.97%.
Racing Service 3: Staked 20pts, -5.15pts, ROI -25.75%.