Tuesday, March 19, 2013

The Wisdom of Crowds? betting guide from Bet The Horses - Bet The Horses

Are you tired of reading about or even wasting money on betting systems that have overly complicated rules, take forever to prepare the bets for, and seem to run out of steam before they’ve even got going? Do you feel that getting on top of your betting seems like a forlorn task and that it seems impossible to make a profit?

Well, we felt like that once too which is why we’ve developed The Wisdom of Crowds?, a betting guide that:

But first, let’s step back for a moment and tell you why we put The Wisdom of Crowds? betting guide together…

These days Matt and I feel confident enough to be putting our reputations on the line by talking and writing about horse racing and betting on the web. However, if you’d met either of us 10 years ago, we very much doubt you would have been following us for profitable advice.

Let’s be honest, the reason bookmakers exist is that most punters lose…but very slowly. When most people start out betting they treat it as a bit of fun at the weekend and don’t keep track of what they win or lose.

This means they probably lose anywhere between 5 and 15% on the money they put down year in year out – not enough to put them off doing it again but more than enough to keep the bookies in handsome profits when you consider that behaviour is repeated by millions of punters.

However at some point a small minority of people decide to try and join the elite, the 1, max 2% of punters who actually make a profit. We both decided to try and make that leap some time ago but it wasn’t as easy as we hoped it would be, oh no!

We both followed various tipsters and bought various betting systems. We thought we would hit pay dirt and would soon be leaving our jobs to live glamorous lives of professional gamblers.

But the truth was we were spending more and more money just to lose more and more. Indeed I reckon that combined, we lost almost £50,000 in doing so over the years. Why? Well most tipsters issue tips from their own betting systems and most betting systems don’t work.

That’s because most betting systems are rules-based. The trouble with MOST systems in horse racing is that it’s a relatively fast-changing sport. Punters soon latch onto various betting angles and any profits you might have made from a system are often out-of-date by the time the rules have been identified and the system sold to a hungry betting public.

Yes, making money from betting is really hard work and can take hours and hours of research and form study. No wonder simple rules-based systems don’t always cut the mustard.

We prefer a longer-term approach of producing statistical guides. These aren’t systems with hard...

scams.firstguide.org

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