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Member Update Part 3 – How to beat official results

Member Update Part 3 – How to beat official results
How to beat official results:

The aim is for every member overall to beat official results, or at the very least match them. Below is summary of the top 10 ways to beat official results:

1) Betfair


Betfair odds are not included in official results. However most people know that Betfair routinely offer the best odds available in the market for horse racing, particularly during the last 15 minutes of betting.

I could write an essay on the prices available on Betfair on some of our winners, but a handful of examples are below, and as you can see, at all spectrums of the market you can get great prices on Betfair even just at Betfair SP:

Jade Hue: Official $5, $6.58 Betfair SP
Desired View: Official $5.50, $10.50 Betfair SP
Goldbo: Official $5.50, $9.69 Betfair SP
Tilly’s Waltz: Official $6, $9 Betfair SP
Buster’s Secret: Official $6, $7.60 Betfair SP
Champawi: Official $7, $11.75 Betfair SP
Tangent $7.50, $10.45 Betfair SP
Coolcat Dancer: Official $8, $11.80 Betfair SP
Jopa: Official $9.50, $16 Betfair SP
Legendary Luke: Official $11, $14.49 Betfair SP
Sandhill Star $13, $19.46 Betfair SP
Delagos $15, $23.90 Betfair SP
Excites Zelady $19, $29.74 Betfair SP
Cruisy Bek: Official $26, $37.38 Betfair SP

2) Bet365


Clearly one large change is not including Bet365 in results (except NSW). Bet365 routinely offer the best early prices on racing, and in addition offer an SP guarantee. Taking early prices with Bet365 will give you the opportunity to greatly exceed official results, with the SP buffer available if the horse does drift, and according to the survey ¾ of you still have access to a Bet365 account one way or another.

3) Betting.Club


Betting.Club offer good fixed odds prices, often the best in the market, but also offer a home tote buffer on provincial & country racing, and a best tote buffer on metropolitan racing. They can be quick to restrict the tote buffer, but there’s still a number of you who haven’t even tried them yet.

4) Other Bookies not included in results


In addition to Bet365 & Betting.Club; Ladbrokes, Betstar, Bookmaker, Tom Waterhouse, Palmerbet, Classicbet, Madbookie, BetHQ, Bluebet, Pinnaclebet are all not included in results.

Ladbrokes, Betstar, Bookmaker and Classicbet are all available on dynamic odds, and often have the best prices in the market.

5) Bookies not on Dynamic Odds


A very large proportion of members bet using dynamic odds, and take the best available prices from that selection of bookies.

As a result, there are a number of bookies whose prices are not shown on dynamic odds. They are also not considered in official results or betting advice.

However many members do bet with these bookies, and often find they get greater prices than with the main bookies. The other bonus is that as these bookies are lesser known and not on dynamic odds, their prices are often available a lot longer, so if you happen to miss an early price, it is often worth looking at these bookies to see if the price may have held, as they often do hold much longer than the bookies on dynamic odds.

Options include: Betting.Club, Palmerbet, Madbookie, BetHQ, Bluebet, Tom Waterhouse.

6) Horses drifting to better prices than quoted before alert sent


This actually happens fairly often. By the time the alert is sent, often a horse has drifted out to prices greater than stated, but nonetheless that stated price is recorded.

7) Bookies offering better prices than quoted after alert sent


There are actually a number of occasions where bets are sent, but there’s still 1 or 2 bookies who haven’t put up prices yet.

Despite the fact that early prices have been crunched, often these bookies will post their analyst’s initial prices. I can recall occasions where we have backed a horse from say $21 into $11, and then 1 or 2 bookies have opened up 15 minutes later at $21. Those prices often sit there for a while as most members have already placed their bets. Worth keeping an eye open for.

8) Monitoring and betting late when market percentages are lower and more in your favour


Bets are sent usually between 9am and 11am, but the market percentages are larger at these times. Whilst we often get outstanding prices on horses that have been mispriced and firm, on most occasions natural betting movements mean the prices drift back out towards start time as the bookies start to compete with each other and the market percentages reduce.

This means that often a horse drifts back out, but then gets backed again very late by big players. So although the starting price may be close to or even lower to the early price, oftentimes the horse has been much larger odds during betting.

Below are 3 examples that spring to mind, but these types of market movements are commonplace:

Delagos: Opened $11, drifted out to $31 Corporates and $30 Betfair just prior to the start, but only paid $15 SP
Maccy Fields: Opened $8.50, drifted out to $14 Betfair, firmed back into $8.50 SP
Zerprise Journey: Opened $4.20, drifted out to $6.60 in betting on Betfair, and then firmed back into $4.10 Best Tote/SP

9) Not betting if a horse has become overbet


I will be offering a ‘bet down to’ or ‘minimum’ price going forward where applicable. Oftentimes a horse gets over bet and backed down to a silly price, particularly at the shorter end of the market. This guidance will allow you to simply not bet when the value isn’t there, which will save you units in the long run against taking ‘unders’.

10) Laying back a runner on Betfair if the horse has become overbet


Some smart members lay back runners that firm dramatically. This enables them to effectively have a ‘free bet’ on a runner, or even guarantee a profit regardless of whether a horse wins or not. This grants some members the opportunity to substantially reduce variance and bet reasonably risk free, particularly when backing runners expected to firm dramatically (e.g. when I state to “take the best fixed price”).