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Profit Raider Report 1
Profit RAIDER (USA Racing)
Introduction Whilst UK & Irish racing was in lockdown I looked at ways in which to profit from the markets that were still in operation, both to keep me busy during lockdown and to make a nice profit to boot!
One such market was American racing and to my surprise there were indeed a few consistent angles to gain an edge. One was Dutching two selections, in certain races, of a stipulated field size.
Prolonged market observation is one of the keys to mastering new markets
I have studied US racing for a long time so after this lengthy market observation and also speed reading 1,000s of past USA racing results, I picked up many a golden edge by constantly spotting repeated patterns that if followed consistently would deliver a really nice edge.
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Far from being reverse engineered, these patterns, when followed in real time, repeated themselves time and time again to deliver - so long as I kept within certain entry criteria.
In the past, finding a profitable strategy from US racing proved frustrating due to a lack of liquidity.
Lack of liquidity in any market can be a big danger as it leads to large price gapping between the back and lay side as backers would request unrealistic back prices and likewise on the Lay side. In other words, it was far from an efficient market.
Nowadays all this has changed with liquidity on each US race around the £50,000 - £200,000 mark making it viable to now get a decent bet matched.
American racing usually starts around 17.30GMT or sometimes can start at 19.15GMT depending on what state is hosting the racing on any given day. So this is a great strategy for people who find they have more time during the evening. And it can be used all year round.
So now lets move onto the rules…
RULES:
1). Head over to Betfair’s EXCHANGE portal and click on ‘Horse Racing’ – Todays Card’. Next scroll through and look for the American races denoted by (US) in brackets as shown below.
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2). Note down all races with 6 – 9 runners and have a favourite priced at 2.50 – 3.00 at around 15 minutes before the race off time as this one below.
3). After having noted the price of the favourite at 15 minutes before the off we next revisit the same race at 5 minutes before the off to check whether the price has reduced or increased?
4). As you can see above the favourite ‘Hot Mist’ at 15 minutes before the off was 2.70. Then 5 minutes before the race starts you can see it has reduced to 2.62 as below.
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5). As the price has reduced we scratch the race and move on to evaluate the next race. If however the price has drifted then we move on to Step 6 below.
6). Now if the favourite has DRIFTED out from 15 minutes before the off and is STILL favourite at 5 minutes before the off we now look to BACK the NEXT TWO in the betting for ‘1 point each.
Please Note: Don’t worry if the favourite has drifted out past 3.0, so long as it’s still favourite 15 minutes before the off then we dutch the next two in the betting based on price. In short, we back the 2nd and 3rd favourites for ‘1 point each.
Here’s a full example below
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Next screenshot taken 5 minutes before the race off time…
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What happens when the price of the favourite stays the same in both timeframes?
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Next screenshot 5 minutes before race off
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Advised Staking & Betting Bank… Start with a betting bank of 50 points. For example; start small lets say £2 per point. So 1 point will be £2.00 and therefore your bank would be 50pts x £2.00 = £100. As we back ‘1 point on two selections your total bet would be £4.00 (£2 on each selection).
When you have a losing race you would stay on the same stake for the next race. We don’t chase losses. You can however double your unit stake when your bank doubles.
Tools & Resources Profit Raider is all about getting the best prices and the results and prices I show further on are all at industry SP (Starting Price). However much better prices can be obtained using the exchanges. Most users main port of call would be the Betfair Exchange/Horse Racing markets. However, you can also use: www.matchbook.com who offer the lowest commission of all exchanges at 1.5% on all horse racing. This will make a huge difference to cumulative long-term profits. See below.
Also Smarkets.com offer a lower commission than Betfair at 2% and sometimes they have zero commission on certain race specials. This can make an enormous difference to long term profits and there is plenty of liquidity to get your bets matched even on smaller races so Smarkets are perfectly fine to use. Also try Betdaq who list most of the American race markets even on days when Betfair may only list one. They also offer 2% commission and also have decent liquidity in the markets. So, plenty of choice and all will offer free cash to sign up so worth a look! Here are the full website details; www.Betfair.com/exhanges www.matchbook.com
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www.Betdaq.com www.Smarkets.com You can also download all these exchanges from the Google and Apple App store and download them to your smartphone.
Please Note: As I write Betfair have just started a ‘You’re In Control’ promotion where they offer you three options.
1. Take free bets and have 8% commission on all winning bets 2. A few free bets and free spins on Arcade etc and 5% commission on all winning
bets 3. No free bets or none of that free spin nonsense to tempt you to play the slots but
on the upside a 2% winning commission charge. No prize for guessing what I opted for. This one below;
Yes 2% commission and no free bets etc, you will make far more long term! But as ever it’s up to you.
Conclusion… Here you have a nice and simple angle to help you profit from American racing. For best results try it on the earliest American meeting of the day that normally starts at between 17.30 – 19.15 GMT. Therefore, start small at first and get used to the monthly Win/Lose pattern that organically develops over time. You can then start to move up the staking ladder in a steady and controlled manner.
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Support… If you have any betting-related questions, then please contact:
For everything else please contact Customer Services on [email protected] or call 0203 053 9868.
All the best,
Andrew David
© ADK Publishing. All Rights Reserved.
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