20 TIPS FOR GETTING THE BEST POSSIBLE ODDS
The goal of the Fair Odds Recording methodologies at Winning Edge Investments is for each member to beat the price recorded in official results, or at the very least match them.
Below is a summary of the top 20 ways to get the best possible chances, and greatly exceed official outcomes:
1) Utilize Dynamic Odds (or alternative odds comparison websites)
Among the major variables – if not the major factor – in gambling profitably is striving to have the best price possible.
After all of the work is completed and you are on a fantastic thing, there is no bigger’own goal’ than taking a poor price. It takes the identical amount of time and effort to set the bet, nevertheless you get paid (sometimes considerably ) less.
When you’re after any of our services, it’s important that you aim to find the lowest prices possible. There’s no point going into the 1 bookie and only carrying their price when others are paying greater.
Take yourself back into the old-school gambling ring in the track…you wouldn’t do it there! You would constantly search for the best price and zero in on that bookie.
Luckily, odds comparison sites permit you to replicate that when betting online. Instead of having to make your way around all the various bookies’ sites or apps, odds comparison sites allow you to just select your race or sporting event and watch numerous bookies’ prices side-by-side.
There is a few odds comparison options out there. In our opinion, the best one available is Dynamic Odds. Follow the hyperlink and we have organized a distinctive 4-week free trial for you. It’s an easy-to-use and easily customisable item. You can choose that bookies to show on screen, there is a mountain of alternatives and programs, and best of all, you can sign in to all your bookie accounts through the program and just bet from Dynamic Opportunities together with the click of a button. Click which cost you need, enter your bet, and you are on. It’s quick and dead-simple to use and ensures that you always find the very best price of each the bookies.
If you aren’t using Dynamic Odds you are costing yourself a fortune in additional profits. It amazes us that there continue to be members reporting that they are still not utilizing this instrument. Even a small punter working fulltime will boost their profits considerably with Dynamic Odds. You may assess and compare prices with all your personal bookies quickly on your laptop or mobile phone, and even place bets through your cellphone with all your bookies employing the dynamic odds mobile version. This is much quicker and more effective than gambling through every bookie app or website individually. Don’t forget clicking our link gets you a 4-week free trial, so in the event that you haven’t attempted it yet, get onto it now. The superior version only costs $35 per month. For the excess money you will make by being able to easily take better prices, that’s an absolute bargain. Trust us, it is well worth every cent.
2) Have many bookmaker accounts
The basic rule with bookmakers is to gain access to as many as possible, as it provides you a better prospect of always having the ability to bet the best price. Take your betting bank and spread it across as many bookmaker accounts as possible. It is far better to have your own bankroll evenly divide across 10bookmaker accounts than all sitting one.
There is a good deal of options out there when it comes to bookies. Our suggestions, as a way of importance/benefit are as follows:
Betfair, Bet365, Vicbet, TopSport, Sportsbet, Sportsbetting, NSW Tab, VIC Tab, Ubet, BlueBet,Ladbrokes, Neds, BetEasy, TopBetta, David Dwyer, Betstar, Bookmaker, Tabtouch, Best Bookies, Unibet, Palmerbet & Classicbet.
3) Bookies using a buffer
In case you haven’t got an account with Bet365, then make sure you get one instantly. Bet365 routinely offer the best early prices on racing, and moreover provide an SP warranty. Bet365 pay out best of fixed price or SP, whichever is higher. It may be worth sometimes taking a lower fixed price to guarantee the potential advantage of’ramble protection’. Whilst this is often a good alternative, best bag or Betfair SP will usually outperform SP on any drifter. Taking early prices with Bet365 will give you the chance to transcend official outcomes, together with the SP buffer available if the horse does drift. Bet365 are well known for banning winning punters, but with NSW and Vic now having minimum bet laws in place, Bet365 is right back in the picture for everyone. Use them where their cost is above or close to your 3rd best fixed price in the email as there is an SP buffer (as long as you aren’t restricted from this product).
4) Betfair
Betfair routinely offer the best odds offered in the market for horse racing, especially during the last 15 minutes of betting.
Usually Betfair gets one of the best odds on horses drifting in the current market, and on horses at large (double figure) costs. It is essential have.
We can write an informative article on the prices on Betfair on some of our winners, but a handful of illustrations from Dean’s Tips are below. As you can see, at all spectrums of this market you can get great deals on Betfair even only at Betfair SP:
??? Emmadee: Official $101, $260 Betfair SP (earned out to $560 on Betfair in gambling )
??? Balrov: Official $23, $60 Betfair SP (got out to $120 on Betfair in betting)
??? Time And Truth: Official $23, $80 Betfair SP (got out to $140 on Betfair in betting)
??? Fish Bones Fry: Official $34, $60 Betfair SP (got out to $90 on Betfair in gambling )
??? Shazee Lee: Official $56, $100 Betfair SP (got out to $110 on Betfair in betting)
5) BOB
BOB stands for Best of the Best. This is a superb product that gives you the best of 3 bags or Top Fluctuation (note Top Fluctuation is calculated from 25 minutes before race start time – not from the opening cost ).
Vicbet provide BOB for all races across Australia, seven days each week. TopSport provide it for Saturday Metro meetings, as do Ladbrokes/Bookmaker/Betstar. David Dwyer provides it for all Sydney metro meetings including midweek. BOB is usually better for horses single figure chances, also BFSP (Betfair SP) better for horses in double figure odds.
6) Added late gambling stake on big drifters
One opportunity to think about is increasing your bet on a dramatic drifter.
The Kelly Criterion (widely regarded as the ideal formula to use to ascertain the best size of a wager ), suggests it to maximise long-term gains and create a larger advantage, the more you need to bet. So, as an example if you speed a horse a $3 opportunity and can get $7 in the current market, you should bet MORE than if you can obtain $5 in the market.
This theorem is the reason why we advocate having another wager at our runners if the price drifts to about 50 percent or more above the recommended price.
Some reasons that horses ramble dramatically on Betfair include;
??? Wide gate ??? High weight
??? Poor run last beginning or poor recent form
??? Low-rated trainer or jockey
??? First-up rather than favoured
??? A hot, heavily-backed favorite in the race
These motives have already been evaluated and considered by our expert professional analysts – drifters shouldn’t concern you in many cases.
If you lock in an early price and then the horse drifts significantly (close to 50 percent or more), then it’s surely worth checking on Betfair to receive your ordinary cost up, to transcend official outcomes. There have been lots of significant drifters that have won odds far greater than official prices. It is just about taking additional advantage when one drifts.
7) Get on track It’s becoming well reported that top prices on track at the racecourses are well above those reported during the Official Costs (which require an absurd 6 bookmakers to all have the cost for its fluctuation to be contained ). Going into the track to bet can get you better prices than available on the web.
8) Additional bookies not considered in opening fixed prices Many bookies such as Unibet, Palmerbet, Betting.Club, Betstar, Bookmaker, Neds, Classicbet, Pointsbet & Madbookie are not contained when saying the 3rd best fixed cost. You can often get bigger fixed odds employing these bookies.
9) Bookies not on Dynamic Odds
A huge proportion of members wager utilizing Dynamic Odds, and choose the best available prices from this assortment of bookies. As a result, there are numerous bookies whose prices are not revealed on Dynamic Odds. They are also not regarded as official outcomes or gambling information.
But many members do bet with these bookies, and frequently find they get higher prices than main bookies. Another bonus is that as these bookies are lesser known & not on Dynamic Odds, their prices are usually available a good deal longer. Should you happen to miss an early price, it might be worth looking at these bookies to see whether the cost might have held, as they frequently do hold considerably longer than the bookies on Dynamic Odds.
Options include: Betting.Club, Palmerbet, Madbookie & Pointsbet.
10) Horses drifting to greater prices than quoted before awake sent
This actually happens fairly frequently. By the time the alarm is sent, often a horse has drifted out to costs greater than stated, but nonetheless that said price is recorded. For example, there was one event where a horse had been advised at $3.20 when the email had been sent, but was $4.40 about a second later.The $3.20 cost was recorded for this winner.
11) Bookies offering better deals than quoted after awake sent
There are actually occasions where bets are sent, but there’s still 1 or two bookies who have not set up costs yet. Even though early costs have been crunched, frequently these bookies will bill their analyst’s initial prices. There was an event where we backed a horse from $21 to $11, after which 1 or 2 bookies opened 15 minutes later at $21. Those costs often sit there for a while as most members have placed their stakes.
12) Tracking and gambling late when market percentages are reduced and more in your favour When we suggest taking a price with Greatest Tote/SP, Best Fluc, Betfair SP or BOB, which indicates we think the horse will likely drift from its current fixed cost in betting.
Bets for many horse racing solutions are shipped usually between 9am and 11am, however, the market percentages are larger at these times. Whilst we often get outstanding costs on horses which were mispriced and company, on many occasions natural betting movements mean the costs drift back out towards start time since the bookies start to compete and the marketplace percentages reduce.
This implies often a horse drifts back out, but gets backed again very late by large players. So, even though the starting price may be near or lower compared to early cost, the horse continues to be considerably larger odds during betting.
Below are 3 examples which spring to mind, but these types of market moves are commonplace:
??? Delagos: Opened $11, drifted out to $31 with corporatebookies and $30 Betfair only before the beginning, but just paid $15 SP
??? Maccy Fields: Opened $8.50, drifted out to $14 Betfair, firmed back into $8.50 SP
??? Zerprise Journey: totaled $4.20, drifted out to $6.60 in gambling on Betfair, and then firmed back into $4.10 Best Tote/SP
13) Not gambling if a horse is becoming over wager Often a horse receives’over wager’ and endorsed down to some silly, shortprice, especially at the shorter end of this market. You may choose to not bet when the value is not there, or the horse is beneath the rated/minimum price advised – this will save you units in the long run and avoids taking’unders’. You could also put a minimum price on Betfair SP so you never take beneath the minimum price you put / we advise.
14) Laying back a runner Betfair if the horse has become’overbet’
Some smart members lay back runners that firm dramatically. This enables them to efficiently have a’free wager’ on a runner, or also ensure a profit no matter if or not a horse wins or not. This grants some members the opportunity to substantially reduce variance and bet moderately risk free, especially when backing runners expected to business dramatically when advised by the expert. Greyhound Expert & John’s Analytics are two services at which this can be very successful as all stakes are counseled to be endorsed at fixed odds once the e-mail is routed, and the vast majority of bets company in the marketplace.
15) Metro/City v Country/Provincial
Prices on runners for Metro/City races are much lessinfluenced when stakes are released than Country/Provincial races where they may be impacted. For Metro/City races (the significant raceday in each state typically on a Saturday and Wednesday), three good choices are betting through Bet365 when you’ve got the SP guarantee, using a Best of the ideal merchandise (highest of Best Tote and Top Fluc) offered by manydifferent bookies including Vicbet, or Betfair is your friend on Metro races too with amazing rates and liquidity available throughout betting, even if just using the Betfair SP tool.
Note the standard tracks for Metro/City racing are:
??? NSW: Randwick, Rosehill, Warwick Farm and Canterbury
??? VIC: Flemington, Caulfield, Moonee Valley, Sandown Hillside and Sandown Lakeside
??? QLD: Eagle Farm and Doomben
??? SA: Morphettville and Morphettville Parks
??? WA: Ascot and Belmont
For Provincial & Country racing, choosing a number of the greater fixed costs available at the time stakes are shipped is a fantastic strategy, but if you are able to monitor costs even only on a few days such as weekends, you will discover via a combination of corporate bookies, Betfair and bags that you will receive excellent prices well above those listed.
16) Consider the advised unit bets The advised unit stakes are an excellent guide on whether to bet early or late on selections. Based on your experience using an agency, or assessment of the prior benefits, you can ascertain the standard quantity. For most services the’standard’ amount the pro aims to collect on a win wager isaround 5 units. If that is true and the service backs a horse for 1 unit to acquire, and the horse is chances of $5, that is about normal as a fantastic bet. If the horse is odds of 10, then we stand to collect 10u when the horse wins, then that’s a high confidence bet. This horse will often firm in gambling. If the horse is odds of $2 we stand to accumulate 2u, so this is reduced confidence, or possibly only a’saver’ bet. This horse will often float in gambling. So utilizing the amount to be collected, with 5u (or the typical collect) as the’barometer’, can be a reasonable indication of whether a horse will either firm or drift, particularly in the extreme ends of the spectrum. This could help you decide whether to back the horse ancient at a predetermined cost, or choose a late gambling option like BFSP/BOB/BTSPif not able to track. An example was a horse called Flash Boy at Bendigo. Advised 0.5w but accessible market price was just $5. Given that’s only a 2.5un win accumulate, locking in an early fixed price wasn’t the way to go. Those who endorsed it with Bet365 obtained $9 SP, BTSP paid $10.90, BFSP $13, and last matched Betfair cost was $14.50. 1 question that’s asked is when if a wager not be placed if the value has gone? Generally, advised bets should be put, but the best way to describe is with extreme cases. Firstly, let’s say weadvise 1u to triumph a horse at $31 to get a 31u collect. Should you back it if you overlook early prices and it firms to $10? The solution is yes, because the 1u investment nevertheless stands to accumulate 10u and that is still a major collect and a big profit. The important firming indicates how wrong the first market price has been, but how much you stand to collect suggests that the horse remains a value bet. If I counsel 0.1u on a horse at $31, and it firms to $10 before you’ve bet, well then you simply stand to amass 1u in case it wins backing it $10, well below what you would normally expect to accumulate to a winner with all the support, so you could give this horse a miss as long term there is very little worth to be had taking unders on these runners. A better example is if a service advises 1u to win in a horse at $5, and it companies to $2 before you have placed you bet. Again the original amass was 5u, but now using a 1u investment on a 2u accumulate, this no longer could be a worthwhile investment. It is an art, not a science, and ultimately your decision, however, the above will help lead you towards when to wager early or late (or maybe not at all in rarer instances).
17) One suggestion in a race v multiple bets in a race
If there’s 1 wager in a race, then there’s more likelihood of this runner firming (particularly if the anticipated win wager accumulate is anything above 4u). Whenever there are 2 stakes in a rush, it’s frequently the case that you firms and you drifts. However whenever there are multiple bets in a race (3 or more), it is very rare they will all firm. Usually maybe 1 firms and the rest drift, or often they will float. The only exception is if we sharply back 3 runners at large odds to conquer a short priced favourite. If the brief favourite drifts, the others could company, but it might go the other way. Again, the aggressiveness of the staking will guide you on whether to bet early or late. However the more horses supported, the more that locking in fixed premature prices with no SP buffer ought to be prevented unless the amass is well above 5u. When there are multiple runners in a hurry it’s often a good chance to monitor or use BOB/BFSP/BTSP.
18) Don’t worry about constantly getting the best possible price each time
It is not possible, or even required. All of our services are highly profitable, with results easily achieved by following the advice included here. Constant improvement on your gambling practices will imply continuous improvement in your long-term results, and that is the trick to long term success with your betting. Have a few minutes outside every day (or just once every now & then) to examine the flucs & closing costs available of runners we back using dynamic odds & you will soon open your eyes to the potential opportunities.
19) Change your mindset: Do not suffer with FOMO (Fear Of Missing Out)
As a general rule, many punters suffer from FOMO. They take a predetermined price on most occasions. The market has changed dramatically and marketplace percentages in ancient markets have continued to change upwards to frequently 130%-135%, and this is very high. Taking early fixed prices can be debatable also if there are scratchings, where significant deductions could be applied, further reducing your final dividend. A mindset change for many is essential. Realising that the Betfair market close to race start time gets down to about 102 percent, and also waiting and trying to monitor prices and wager late will lead to better overall results for those willing to take the time.
20) Do not be lazy, and stop making excuses
Whilst we know most members have jobs, the reality is a large proportion of stakes are shipped on weekends, or outside ordinary working hours. For many members, there’ll be periods in which they aren’t functioning, and it is at those times where members must look to exceed official results by tracking and putting bets late instead of betting using Fixed or Greatest Tote/BOB/BFSP type choices. Like most things in life, the more effort you put in, the better your result will be. Also like most items, the more you practice something, the better you become. In this day & age with smart phones, bookmaker apps & Dynamic Odds, etc, comparing prices and placing bets in the best odds hasn’t been simpler & reachable. Invest sensibly, don’t be lazy, put a little effort in, and do not lose out on the even larger profits you could easily be attaining.
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