Betting Commander

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    Betting Commander Copyright 2010

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    By Peter WhiteBettingCommander.com Copyright 2010

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    Introduction .. Page 3The Odds . Page 4 - 5About Laying . Page 6Betfair Guide . Page 7 - 9Betfair Commander System .. Page 10Selection Process Examples .. Page 11 - 13Staking Plan Page 14Conclusion .. Page 15Disclaimer Page 16

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    Congratulations on purchasing a copy of Betting Commander.

    What you have in front of You is essentially a manual how to guide for amassinga fortune through horse racing. The size of that fortune depends entirely uponYou. I am sure that most of You, are sceptic and have many doubts about all thissystems thats born everyday, but I am also sure that once You start to followthis method, You will change your opinion.

    Through this manual You will learn where and how to apply this method, but Istrongly recommend that You begin by paper trading until You are fullycomfortable with it.

    Why Lay horses? Finding the winner of a race is hard, consistently findingwinners is very difficult. Its much easier to pick a horse that wont win.Bookmakers make lots of money from punters backing horses that dont win.

    Lay is an extremely lucrative business for the bookies and has been for decades.The bookie always win in long term simply because he makes his money fromthe horses that lose in a 10 runners race, 9 of those horses are running for thebookie, and only 1 is running for the backer, any one of the others 9 win and thebookies beat you.

    Now thanks to the Betting Exchanges like, Betfair, you have the opportunity to

    have all 9 runners on your side. With over 60 Million Pounds wagered on theexchanges every day, Lay betting presents a fabulous opportunity for anyone togenerate real profits.

    Read and follow all the rules of this manual and I am sure that you will be awinner, choosing the losers.

    Peter WhiteBetting Commander 2010

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    Odds are referred to as the "price" for a horse in a race. The bookmakers set theprices according to what they believe are the horse's chance of winning. Themore likely they think a horse is to win, the shorter the horse's price will be.

    For example if a horse is priced at 3/1 then the bookie is saying that if that exactrace was run 4 times that horse would win it once. Or in percentage the horsehas a 25% chance of winning.

    There are three different ways odds can be presented. Depending on whichmarket the bookmaker targets. Odds are presented by either the American,British or European standard.

    Am er i ca n Od d s The American system is different the odds can be positive or negative. Thesystem is based on evens (1/1) being expressed as 100.00.If an event is odds on then the figure is preceded by a minus - and representsthe amount you have to stake in order to win 100 units. If an event has oddsgreater than evens then it is a positive figure and represents the amount youwin for every 100 units staked.

    B r i t i sh Fa ct i o n a l O d d s The traditional British way is to describe the odds as a fraction e.g. 6/1 or "Sixto One". When the first figure is higher than the second it is called "oddsagainst". The amount won will be greater than the original stake. For example ifthe odds offered were 6/1 then for every 1 staked you would win 6.When the first figure is smaller than the second it is called "odds on" and theamount of winnings will be smaller than the stake. For example if the oddsoffered were 4/8 then for every 8 staked you would win 4.

    Eu r o p ea n Decim a l Od d s Unlike the British fractions the European system deals in decimals. The figurequoted is the return a punter receives (including the stake) based on a bet of 1unit. To transfer from British odds to European odds simply divide the firstnumber by the second number and add 1.

    So odds of 4/1 become 5 (4 1 + 1 = 5) and odds of 4/8 become 1.67(4 8 + 1 = 1.50)The betting exchanges all use the European odds system so it is something youare going to have to learn to recognise.

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    Laying a bet means you are betting on something not to happen.

    Laying its like being a bookmaker where you offer odds on sports. With theintroduction of betting exchanges like Betfair, you can now offer odds on horseto win, and hence profit when they lose.

    W h y d o y ou w a n t t o l a y ?

    The attraction of laying (or offering odds) is that it offers you a lot of flexibilitybecause you are offering odds on the event rather than accepting odds given toyou by a bookmaker.

    H ow d oes L a y i n g w o r k ?

    To be able to lay a bet with Betfair you need to have enough cash in youraccount to be able to pay out if the event you are offering odds on happens. Forexample if you wanted to lay a horse at 5/1 (6.00) and you had 100 in youraccount, you would be able to take bets up to a total stake of 20. If the horsewins you have to pay out 100 to the people who have bet 20 with you at 5/1. Ifit loses, you get to keep the 20 people have bet with you.

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    The follow instructions are designed to help you place lay bets using a bettingexchange. The user guide uses Betfair as an example as it is the exchange youare most likely to use. If you haven't registered you will need to click on theOpen an Account button and fill in your details. If you have, simply fill in yourusername and password and click Login.

    On the left hand side of the front page, there is a list of all the different sportscovered. Click on Horse Racing Todays Card, for a list of all the racescoming up on that day.

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    The list of sporting options will change to show a list of horse races for the day,happening all over the world, sorted by time.

    Simply scroll down and from the list of races click on the race you are laying in.Select the race by Time and Course.

    Do not select the race meeting to place as we are only betting on the horse not towin.

    The race meeting will come up on the screen and will look like this.

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    To the left we have the name of the horse in bold and the jockey's name under.The first three columns of numbers after the horses names show the odds forbacking the horse to win, with the best odds in the blue squares.

    The decimal figures are the odds and the figures in Euros are the amountavailable to bet with. Basically this means someone else has laid the horse at this

    price with the amount of money shown below. They are waiting for someone toaccept their offer.

    The second set of three columns show the odds for the horses losing (lay bets).Again the best odds are highlighted in the pink squares. As before the decimalfigures are the odds and the figures in Euros are the amount available to betwith.

    Basically this means someone else is requesting an opportunity to bet a certainamount at their preferred odds and is waiting for an offer to lay at that price.

    Click on the best odds in the pink square for the horse you have selected to lay.

    The right hand side of the website will now change, showing the horse's name,the odds selected and asking for the backers stake as follows:

    You can change the odds to whatever price you would like your bet to bematched. In the Your stake box you can type the amount you want to back thehorse. You will then be asked to confirm your bet. Click on yes if you are happywith it.

    The screen will now change to show whether or not your bet has been matched.If the bet has been matched, then the bet is placed and you only have to wait forthe results. If the bet is unmatched you have others options:

    You may wait to see if someone else comes along who is prepared to accept the

    odds you have specified. You can change the odds in order to match a Layer whois offering different odds. Or you can cancel the bet. It is also possible for yourbet to be part-matched. This is where some of your stake has been matched witha Layer, but some has not.

    Using Betfair is relatively easy once you get used to it. If you are still unsure ofanything then Betfair offers comprehensive online help. For an easy to followuser guide simply go to the Betfair website, click on the help menu and then onthe view our demo button.

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    St ep 1We will lay the Clear 3rd favourite ( joint/co 3rd favourite avoid the race )

    St ep 2

    Only use Class 6 races.

    The races in this class are very weak, and as such any horse can win. Looking atthings in that perspective the odds are even more on our side.

    St ep 3Avoid all races from Wolverhampton.

    This track has always shown that the first three favourites have a high rate ofvictories, and we also want to avoid this, since we are betting against the thirdfavourite.

    St ep 4

    The 3rd favourite cant have 2 years old.

    Horses with two years of age, are starting their careers. As such, they are eagerto win. This is not good for us, so we avoid horses with two years of age.

    St ep 5

    If the 3rd favourite had 41 to 90 days since his last race, avoid the race.

    If a horse does not run from this period of time, the more likely is that thetrainer will be preparing the next race with great care. This can result in avictory in the race.

    St ep 6

    If the 3rd favourite meet all these requirements and have a maximum of 10/1starting price at:

    http://www.sportinglife.com/racing/liveshows/ Place your Lay bet.

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    (http://www.racingpost.com/ as information source)

    20th March 201016:25 Uttoxeter

    Scr een sho t 1

    The Screenshot 1 shows us a class 6 race. The Course is Uttoxeter.

    Non of the runners is 2 yo.

    Now we need to know who will be the 3rd Fav.

    Scr een sho t 2

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    Screenshot 2 shows us that the horse Five Star Wilsham is the 3rd fav.

    Back to Screenshot 1, we can confirm that Five Star Wilsham only have 21 dayssince his last race.

    Screenshot 2 also tells us that his SP is 11/2.

    Five Star Wilsham, is according all system rules, now we will place a lay bet onBetfair. Doesnt matter which odd is.

    Scr een sho t 3

    Five Star Wilsham at 8.00

    We will place our lay bet on him, and wait for the end of the race.

    Check the Screenshot 4 to confirm race result.

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    Scr een sho t 4

    Five Star Wilsham didnt win the race, which means that we made a nice profit.

    Successful bet!!

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    A staking plan is a method of controlling how much each bet should bet. There

    are simple staking plans and there are more complicated plans. But at the end ofthe day all staking plans have the same purposes:

    To en su r e t h a t t h e po ssi b i l i t y o f go i n g bu st i s

    k ep t t o a m i n i m um a n d t o t r y t o get a s h i g h a

    r et u r n a s po ssi b l e !

    Human beings are notorious about being lazy, over optimistic or fall

    foul of one of many of our many foibles which make up the human

    condition. Without a staking plan it is so easy to see one's betting

    bank go under .

    I have seen people go bust (when one's betting account reaches zero) becausethey thought that they didn't need a staking plan. I have never seen anyonesucceed without one no matter how disciplined they are or, more accurately,how disciplined they claim to be.

    There are two aspects to successful betting; the first is to have the rightselections. Without a decent set of selections one is never going to make a profitno matter what one does. The other aspect is the money side of things; howmuch does one put onto the next bet? This is the function of the staking plan;without this one could be placing the wrong stake onto the wrong horse.

    Ultimately betting without a staking plan will negate good horse selection.

    My advice is that your stake must be a maximum of 1% of your bank.No matter if you lose or win your stake will be always 1% of you lastbank.

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    Betting Commander was written with the intention of helping all those who

    need a simple and easy system with the least amount of risk, and above all anopportunity to make the kind of money that you may have dreamed of.

    This book gives You a system to help You reach your goals so that you have asolid system to rely on. As you build your resources, You can add to this solidfoundation and learn more systems to enhance your winnings.

    Keep stakes within your budget to ensure your long term success so that you canmake consistent money without risking your standard of living. Do your groundwork before any race by going through the relevant data in the race card andthrough Betfair. You will then be able to apply the system explained and be onyour way to making this your most profitable endeavour, requiring very little

    time and giving immense profits throughout the year.

    Paper trial it first without actually placing real bets until you are 100% confidentit is going to be profitable. Then put it in to action to make a consistent profit.

    Thank you for spending this time learning our system and congratulations onbeing a part of this success story.

    Good luck!

    All the best,

    Peter WhiteBetting Commander 2010

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    The author and publishers of this book and the accompanying materials have usedtheyre best efforts in preparing this program.

    The author and publisher make no representation or warranties with respect to theaccuracy, applicability, fitness or completeness of the contents of this program.

    They disclaim any warranties (expressed or implied), merchantability or fitness for anyparticular purpose. The author & publisher shall in no event be held liable for any loss

    or damages, including but not limited to special, incidental, consequential or otherdamages. As always the advice of a competent legal, tax, accounting or other

    professional should be sought.

    The author and publisher do not warrant the effectiveness, or applicability of any siteslisted in this book. All links are for information purposes only and are not warranted

    for content, accuracy or any other implied or explicit purpose.

    The manual contains material protected under copyright laws. Any unauthorizedreprint or resale of this material is strictly prohibited.