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PRACTICALITIES - When and how to place the bets
In this page I discuss the practicalities of following the Racing Star service. How to get ahead with the service, the kind of staking required as well as the correct mindset.
First of all the bets and the prices I suggest.
The price must be over evens (2.0) or not greater than 14/1. You can take
these bets any time as long as the prices are within these bands. For your
guidelines 14/1 equates to roughly 23 on betfair. Sometimes it will be lower,
sometimes higher, but this is a general guide.
My official results will be based on SP and the price matched on betfair
one minute before the off. Therefore if you want to match my results exactly
you may want to do the same as me. Sometimes a horse will win that I didn’t
take because it no longer qualified at the offer and sometimes it will be
other way round.
So in summary, you can take the early prices available when I advise a bet, but if you want to match
my results accurately you should take the price as near to the off as
possible.
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LONG TERM
Its quite simple to follow the selections, my only rule is not to bet on anything
below evens or above 14/1.
Backing To Win Outright
My first point is perhaps the most important. That is to be patient with
the service and look to follow for at least 3 months before expecting any
decent sized profit. If you look through my history of bets you will see
often we have had 1 month loss making periods on a regular basis. Since 2000
there have only been two instances when a profit wasn’t shown over
three months. There was one particular lean patch of four losing months on
the trot, but this was followed by a 90 point belter that blew away the previous
months losses. In fact it made over double the loss.
If you are on a one-month membership I have to urge you strongly to consider
this point as it may define your membership. Lots of people have joined Easy
Betting (my sister service) for a month in the past, lost initially and then left when the subscription
expired. What normally happens is they miss out on a good run in the near
future which would have made back that loss into profit. At the end of the
day they are cheating themselves out of money.
In fact when there is a losing month, the next month more than likely happens to
be a winning one that makes up for the previous month and more. This happens
over 60% of the time!
Moving on, here is a recommendation on a good way to make profits from
my advice over the long-term.
My recommendation
There are 2 ways effectively to profit from my advice here at Racing Star;
fixed staking and variable staking. The variable method is a relatively safe
one so you probably won’t bother re-adjusting stakes after every race
First of all, all bets are 1 point no matter what the odds. I fully recommend that each person starts with
a 100 point bank as the worse run to date has been around the 45 point
mark.
You should also decide upon a financial amount of money you want to put forward as your betting bank. This can be anything from £250 up to £5000 but make sure it is an amount you are comfortable with investing. |
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FIXED STAKING
Fixed staking is incredibly simple with Racing Star. Take your betting bank and divide
it by 100. This is your stake to put on each horse. If you have £200
you’d stake £2 per horse, if you had £1000 you’d stake £10
etc. No matter what method you use I suggest a 100 point bank.
Option 1 FIXED STAKING WIN ONLY : If you are backing each horse to win simply
put the same amount on each horse to win. Once again with only a 25% strike rate
of bets actually winning you really need to follow for at least 3 months to benefit.
If backing to win I’d recommend you use betfair, the odds won’t be
that different to a bookie around evens, but once you start to get past 6.0 the
difference really starts to crank up. The Return On Investment to SP is a respectable 12%, but
to betfair prices (including commissions its 20%). This gives you an idea of
the advantage of betting to win on betfair. There are longer losing runs betting
to win, but if you can stomach them, returns are great in the long run.
Option 2 FIXED STAKING EACH WAY & WIN : This method is for people who
don’t like the idea of losing runs. A good number of the horses place
and the Return On Investment to SP is similar to the win returns, but when betting to SP we
cant get the juicy prices we do on betfair so we are hindered there.
If you want to bet Each Way I suggest you back anything under 5/1 to win and
anything over 5/1 Each Way.
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VARIABLE STAKING
Option 1 – Variable Annually
With this option you keep to the same stakes for an entire year then up them
the next year. For example if you had a £1000 account you’d risk £10
on each bet for the entire year no matter what happens. Then in year two you’d
recalculate what 1/100th of your bank would be and this would be the new amount
to put on per point.
Option 2 – Variable Monthly
With this option you keep to the same stakes for each month then re-calculate
the next month. For example if you had a £1000 account you’d risk £10
on each bet for month one (1/100th of your account). Then say you made 20 points
in that month your account would be roughly £1,200 for the next month.
You’d re-calculate what 1/100th of your account was and this would be
the new amount to bet the next month. Therefore month 2 would be £12
per point and so on. If you lost 20 points you’d adjust downwards so
your new amount would be £8 per point.
This is the most profitable method of using the information though has a slightly
higher risk than the annual version.
One more risky but even more profitable version of this is to never adjust
downwards, only up. For example if you have a losing month to keep the stakes
the same as the previous month. This means that if the next month is a winner
you’ll get more than if you’d reduced your stakes. This is more
risky though
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FINANCIAL EXAMPLES
Dependent upon how much you wish to set aside, here are a couple of practical
examples and likely returns (based upon past performance).
Here’s a worked example of how a member would have faired had they joined
in March 2006. Lets say they have £2000 bank and are backing to win.
Bank 1: £2000 bank backing each horse to win. Working to a 100 pt bank,
each pt is worth £20
1 month returns: 17 points or £340
The member then would have a choice about which staking plan to follow. I’ll
show you what would have happened had they stuck to level stakes or monthly
variable stakes.
3 months in:
Level stakes: They would have made 25 points so far or £500 to £20
Monthly variable: They would have made 25 points so far or £447 due to
a loss and the variable stakes.
6 months in:
Level stakes: They would have made 59 points so far or £1,100 to £20
Monthly variable: They would have made 59 points so far or £1,156. The
variable method would now be inching ahead.
12 months in:
Level stakes: They would have made 135 points so far or £2,700 to £20
Monthly variable: They would have made 135 points so far or £4,198. The
variable method would now be blasting ahead.
During the same period there was a point where the person subscribing would
have been just 6 points up over 4
months. Had turned around and quit he would
have missed the big prize of £4,198 profit.
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Think Long - Win Big
So you can see the longer you invest the bigger you will win. You might only
make £5000 to £10,00 profit in your first 12 months but once you
have done this you make this amount a lot larger in your 2nd year and so on.
Had that same person in the example above compounded his returns from year
one he’d now have £11,220 profit just 5 months into the season.
Racing Star is a long-term option and will be advising bets in this fashion
for a large number of years to come. There will be ups and downs along the
way but if you stay solid and focused the rewards will come through.
Any questions, I am always happy to assist.
Regards
Adam
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| All bets are supplied
via email. Bets are notified the morning of the race
and we look to give a 3 hr minimum notification period in order for you to
place your bets. With most bets you have at least 4-5 hours in order to get
your bets on.
Our recommendation is to join for at least a 6 month period, which has
the greatest chance of showing a profit.
Money back guarantees with 6 and 12 month payment options.
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