Betting strategy
The betting strategy I employ is designed to keep losing runs of bets to an absolute minimum. I know it is possible to make a profit without a high strike rate, but this method is certainly not to my liking as it requires huge reserves of human faith to follow, and a necessarily large division of betting bank funds to cope with the losing bets.
I always use a very selective approach to my betting, and only advise what I consider to be horses with an excellent chance of winning on the day. I only ever advise win bets, never each-way, place only or lay (back to lose) bets. I am a firm believer in the saying that it is only ‘winners that make winners’ in horse racing.
Because I strive to achieve a high strike rate through a highly selective process, it is essential to have a reasonable degree of PATIENCE, as there may be many days where no bets are advised. I have spent many years at this game, and have formulated a complex selection method for choosing my horses. To be a selection, a horse must fulfil ALL criteria I have deemed essential to my process, and therefore only comparatively few make the grade.
The betting bank
As I mentioned on my BET ADVICE page, you will need to set up a dedicated betting fund. As a guide, I recommend a minimum of £2000 as an initial starting fund. I recommend that you utilise a 100 point division of this fund, so each unit of stake equals £20, and you will be betting at £20 per 1 point level stake. These are my minimum recommendations that should ensure that your profits should be able to cover my subscription fee and leave a good margin over for yourself. The idea is that, at the end of each month, you again divide your total betting fund by 100 to reach your new unit of stake. When your betting bank has grown to an amount your happy with, stick with your level stake size and withdraw whatever profit you have at the end of each month.
The types of bets
WIN SINGLE. The main type of bet that I will be advising is the simple WIN SINGLE. As the name suggests, this is a singular bet wagered on each horse to win. The advised stake will always be ONE LEVEL POINT. Using the betting bank example above, this will equal £20 to win. All single bets are treated in the same way and all are deemed ‘naps’ (which is industry talk denoting a tipster’s best bet..hence my service’s name).
WIN MULTIPLE. The second type of bet that I will be advising will only come about when I have selected two or more WIN SINGLES on the day, in which case I will also advise a bet called a WIN MULTIPLE. The type of multiple bet I advise will depend on the number of single horse bets on the day. The multiple bets will always be one of the industries’ standard multiple bets, and will be made up of between two and eight separate single bets. This may sound complicated but rest assured, nearly every bookmaker & exchange offers these types of bet and they are usually included on your online bet slip whenever you add more than one horse to it. The important thing to remember is, that regardless of the type of multiple bet I advise, they are all backed at a TOTAL AMOUNT of ONE LEVEL POINT. Therefore, on days when I advise between two to eight single bets, I will also advise a multiple bet to one point extra stake over the singles.
The big advantage of multiple bets is that they have the potential of very big returns for small stakes. To get a return from a multiple bet, at least two of the horses in it must win their races. Multiple bets are simply made up of all the doubles, trebles, four folds, five folds etc, that are formed in the bet. For a complete rundown on their make up, consult any bookmaker website.
NOTE: In practice it is rare to find more than two or three single bets on any one day, however, it can happen and so I have listed all the possible multiples that may come up in the table below. The amounts shown are for a ONE POINT LEVEL STAKE of £20 (rounded to nearest amount) and there will be the WIN SINGLES stakes added on. For clarity, I have listed some examples of possible betting day scenarios below.
| Multiple name | # Horses | # Bets | Amount per bet | TOTAL STAKE |
|---|---|---|---|---|
| WIN DOUBLE | 2 | 1 | £20 | £20 |
| WIN TRIXIE | 3 | 4 | £5 | £20 |
| WIN YANKEE | 4 | 11 | £1.82 | £20.02 |
| WIN CANADIAN | 5 | 26 | £0.77 | £20.02 |
| WIN HEINZ | 6 | 57 | £0.35 | £19.95 |
| WIN SUPER HEINZ | 7 | 120 | £0.17 | £20.40 |
| WIN GOLIATH | 8 | 247 | £0.08 | £19.76 |
Example betting scenarios
EXAMPLES SHOWN USING A £2000 BANK @ £20 PER 1 POINT LEVEL STAKE.
(A) One horse advised to be backed to win @ 1 point level stake. Total stake = 1 x single bet = (1 x £20) = £20
(B) Two horses advised to be backed to win @ 1 point level stakes. Total stake = 2 x single bets + 1 point win double = (2 x £20) + (1 x £20) = £60
(C) Four horses advised to be backed to win @ 1 point level stakes. Total stake = 4 x single bets + 1 point win yankee = (4 x £20) + (1 x £20) = £100