This is just a very brief post in case anyone had come across this service, and may be considering signing up.

I approached RichardDunwoody.co.uk (managed by Richard Dunwoody Racing Associates) at the end of February to ask if I could trial the service for a month with a view to producing a review for readers of SkyBlueKangaroo. I was told my request would need to be given the OK by the Accounts Department, but they would get back to me as soon as possible. I followed up my enquiry yesterday, around a month later, as I had not had the courtesy of a reply.

This was their response:

Dear Paul, I am sorry I haven’t been in touch – its been a very busy month with Cheltenham and now Aintree upon us. I am afraid it is not our policy to offer any type of free membership, I hope you understand. 

Think twice!

Personally, I am always sceptical if a service is not prepared to allow independent scrutiny. It was a particularly disappointing reply, given that the service boasts “transparency” as one of its selling points on the sales page.

Obviously I am not in a position to comment upon the profitability or otherwise of the RichardDunwoody.co.uk service, but for the reasons given above, I could not recommend anyone risk their money by signing up, when there are plenty of other services around who are not afraid to have their performance put to the test in public.

I was approached recently by Aidan Collins who asked me if I would like to review his brand new service called Gold Lay. Now, usually it’s the other way around, and it’s me approaching the seller to see how willing they are to expose their product or service to close scrutiny. So how could I refuse Aidan’s confidence?

The service selects horses to lay, and by employing auto-software the qualifying bets are placed for subscribers less than one minute before the scheduled off-time of the race. The instructions explain that bets are only ever placed at odds between 2.00 and 3.00 so that’s even money and 2/1 in old money. In that case, liabilities on each bet should be relatively low, and that’s a comfort. But low liabilities does not guarantee a good system, and this is a tricky area of the market to maintain consistent profits.

Paul is watching this one...

If you get approached to buy into this service, the advice for now would be to keep your money in your pocket until the end of the month, and follow the progress of my review. But if you want to visit the web site to read more details in the meantime, then here is the link:

Visit the GoldLay web site

As usual, I will follow the service for a month, and then report with my initial observations, opinions, and comment.

MY RATING: 4.0 out of 5

I started following this laying system Betting Against Horses For Profit by Henry McAnenly at the beginning of December, and I can now give some initial comments. I wanted to follow the system until I had at least thirty days worth of results to analyze before expressing my initial feelings, and here we are, a little over two months later. So the first thing to say is that the method is quite selective in its approach, and does not highlight bets each and every day of the week. In my book being selective is no bad thing.

Let me start by giving some background. As the name suggests, Betting Against Horses For Profit is a method of selecting horses to oppose on the betting exchanges, and lay to lose their race. It has been developed by Henry McAnenly with whom many of you may already be familiar. Indeed, another of his betting guides Going The Extra Mile is in my ‘recommended’ list. Henry writes a fair bit on horse racing and has published a few other guides before now.

 The system is delivered as a PDF document and stretches to thirty one pages. There are several pages of introductory text before the reader is presented with the nuts and bolts of how the system is operated. But to be fair it is not the usual ‘fluff’ and garbage that we are used to reading, ie. the history of horse racing, how to place a bet, different types of bet, how to open an account at Betfair, what a horse looks like, and more such irrelevent prose which is only there to somehow justify the price tag. In this instance the author goes to the trouble of explaining the background and logic to how the system was developed. I think this actually serves to give purpose to the whole strategy and also gives the reader a degree of confidence that some thought had gone into the method beforehand. Most system sellers are extremely lazy in their approach, and simply back-fit a few filters to suit their needs, rather than research an angle to find a genuine edge.

The reader arrives at the “How It Works” chapter on Page Nine and the rules are clearly described over the course of the next fifteen pages. That is not to say the system is incredibly complicated, but the author takes us through three distinct phases of selection, before we arrive at any final bets. The text is also nicely illustrated with screen shots and other graphics to make the method easier to follow.

Without giving the game away, Betting Against Horses For Profit identifies horses that are race favourites but at the same time vulnerable to defeat. The most likely value to be found when laying horses is invariably with the favourite, so I was pleased to see this was not another unrealistic system suggesting the user should lay outsiders and look to achieve 95-99% strike rates. By focusing on the favourites we can at least keep liabilities to a minimum, which should also help keep the heart rate under control. The author does focus on obtaining value, and the price available about the horse you want to lay is taken into consideration. Again, anything that steers the user towards placing value bets gets a big tick in my book.

One thing to bear in mind is that this system uses information from the Racing Post. If you are using the online version then you will need to be a member of the site, which does mean shelling out a subscription of £7.50 each month. A lot of you are already in the Racing Post Members Club and so this news is irrelevent, but I think it’s only right to point this extra cost out to those of you that are not members, and may be interested in purchasing Henry’s book. From a personal perspective, I think that the Racing Post web site provides tremendous value, and access to a great depth of racing information for the price. If you are halfway serious about your betting, then it’s a notional payment for a tool that helps you to accomplish your goals.

So how did this system perform whilst under my watchful gaze? Well it returned a profit, and a very decent profit at that.

This is a summary of the results:

 Number of selections: 53

Winning bets: 41

Strike rate: 77%

Profit/loss: +23.71pts

I took into account a 5% commission on winning bets.

These figures suggest that for every selection you make, you could expect to see 0.45 points profit. This is a very high positive expectancy, but I would suggest you take this with a pinch of salt, as that is extremely good. In all probability I think I captured a sample of selections that performed above average. But the results are nonetheless very encouraging.

SUMMARY

Passed!

Betting Against Horses For Profit is a system to highlight horses to lay on the betting exchanges like Betfair. The method identifies race favourites, or at least horses that are favourite at the time the user works the selection process. More often than not the horse selected would also be the favourite at the time of the race, but a number of selections did drift noticeably in price. Of course this would give you the opportunity to hedge your bets, lock in a profit, or secure free lay bets, if you so wished.

The system works in quite a selective manner, and does not highlight bets every day. Over the course of the two months I was trialling the system, it provided thirty days of betting action, and returned a profit a fraction over 23 points. I will take this opportunity to stress that I have only got a sample of 53 selections. At that rate, I would want to see twelve months of results before committing full stakes. By that time I would expect to have around 300 results, which would constitute a significant sample statistically.

But I would definitely suggest this laying system is worthy of further evaluation. It currently costs just £7.00 so at that price it’s a no-brainer if you like lay betting systems. Many of you will use mechanical systems such as this to give you a daily short-list of horses for further analysis, before finalising your own bets. If you prefer to follow rules-based selection systems blindly, then my advice would be to paper-trade this particular example for a minimum two months. If the results are similar to my trial, then you can decide to begin investing at minimal stakes. But as I previously suggested, I would prefer to have a full twelve months results under my belt before increasing stakes and elevating this system to a full Portfolio status. But the initial indications are this is a laying system with an edge. Go and buy it.

I started following this laying system Betting Against Horses For Profit by Henry McAnenly at the beginning of December, and I have almost reached the end of this review. Since my last update there have been four days with qualifying bets, resulting in six winning bets for us, and two that lost money. In all, the cumulative profit increased by a fraction under two points.

We have now had 27 days where the system has produced some action, and I intend to continue the trial until I have at least thirty days’ results to analyze. With race meetings pretty much back to normal after the cold snap, I’m guessing I might be able to wrap this review by this time next week.

This is a summary of the results since 1st December:

Number of selections: 46

Winning bets: 36

Strike rate: 78%

Profit/loss: +21.31pts

I’m taking into account a 5% commission on winning bets.

Paul is still watching this!

So this laying system continues to give positive, if very steady results. But please bear in mind we have only a relative small sample of results under our belts. All being well I shall give a final review next week, so watch this space to see if I think this is a system worthy of further evaluation. In the meantime, if you want to visit the sales page then I’ve put the link below.

Click here to see more Betting Against Horses For Profit

Further reading:

Fancy Fillies laying system final review

Yet again, there have been no further qualifying selections for this system since last week. It has not been the most exciting of reviews so far, granted, with just one bet so far this month. But to be fair, the system rules require non-extremes of going underfoot on the turf, and what little turf racing we have seen so far this year has been on soft and heavy going. On reflection, reviewing the system in the middle of winter was always going to be a ’slow but steady’ affair! Definitely a system for the summer methinks….

I’m aiming to run this initial trial period until we have at least thirty results to consider, and then make some comments. Until then you are welcome to visit the sales page for further details at the link below, but keep your wallet firmly in your pocket for now.

Paul is still watching this!

I have had just the one qualifying bet so far, a loser, but I will continue to update weekly.

Click here to visit the Hot Horses sales page

Further reading:

Value Horse Method final review

I started following this laying system Betting Against Horses For Profit by Henry McAnenly at the beginning of December. There has been three days with qualifying bets since my last update, and a single selection on each of those three days. The results…. two successful bets, and one loser, with a slight drop in profits overall for the week.

We have now had 23 days where the system has produced some action, and I intend to continue the trial until I have at least thirty days’ results to analyze. The thaw has finally arrived, but the respite may be shortlived and I fear there may be more snow and frost to come in the next few days. So it may not be until the end of the month before I can give a final report on 30 days worth of results.

This is a summary of the results since 1st December:

Number of selections: 38

Winning bets: 30

Strike rate: 79%

Profit/loss: +19.47pts

I’m taking into account a 5% commission on winning bets.

So this laying system continues to give positive, if very steady results. But any system can only highlight betting opportunities when such opportunities arise, and whilst horse racing in the UK is on a ‘go slow’ we just have to remain patient. In the meantime, if you want to visit the sales page then I’ve put the link below.

Click here to see more Betting Against Horses For Profit

Further reading:

Fancy Fillies laying system final review

There have been no further qualifying selections for this system since last week. It has not been the most exciting of reviews so far, granted, with just one bet so far this month. But to be fair, the system rules require non-extremes of going underfoot on the turf, and what little turf racing we have seen so far this year has been on soft and heavy going. On reflection, reviewing the system in the middle of winter was always going to be a ’slow but steady’ affair!

I’m aiming to run this initial trial period until we have at least thirty results to consider, and then make some comments. Until then you are welcome to visit the sales page for further details at the link below, but keep your wallet firmly in your pocket for now.

I have had just the one qualifying bet so far, a loser, but I will continue to update weekly.

Click here to visit the Hot Horses sales page

Further reading:

Value Horse Method final review

I started following this laying system Betting Against Horses For Profit by Henry McAnenly at the beginning of December. Not much more information to give you today I’m afraid. There has been just the one qualifying bet since my last update. Happily this was a loser, and so a winning bet for the system. We have now had 20 days with qualifying bets. I intend continuing the trial until I have at least thirty days’ results to show, but with a thaw not looking to present itself any time soon, and no-one I know willing to hold their breath whilst waiting for a return to turf racing, this trial could carry on for a while yet.

This is a summary of the results since 1st December:

Number of selections: 35

Winning bets: 28

Strike rate: 80%

Profit/loss: +20.07pts

I’m taking into account a 5% commission on winning bets.

Paul is watching this...

So this laying system continues to give positive, if very steady results. But any system can only highlight betting opportunities when such opportunities arise, and whilst horse racing in the UK is on a ‘go slow’ we just have to remain patient. In the meantime, if you want to visit the sales page then I’ve put the link below.

Click here to see more Betting Against Horses For Profit

Further reading:

Fancy Fillies laying system final review

Last week I started trialling a backing system marketed by Michael Pang called Hot Horses. Bearing in mind this is a selective system, and given the meagre racing action on offer at the momemnt due to the inclement weather, it’s not surprising there have been no qualifying bets since my last post.

I’m aiming to run this initial trial period until we have at least thirty results to consider, and then make some comments. Until then you are welcome to visit the sales page for further details at the link below, but keep your wallet firmly in your pocket for now.

I have had just the one qualifying bet so far, a loser, but I will continue to update weekly.

Click here to visit the Hot Horses sales page

Further reading:

Value Horse Method final review

I have started trialling a backing system marketed by Michael Pang called Hot Horses. Having had a brief chat with the author we can expect a fairly selective backing system, and there certainly will not be bets each and every day.  As is my usual approach, I will run this initial trial period until we have at least thirty results to consider, and then make some comments. Until then you are welcome to visit the sales page for further details at the link below, but keep your wallet firmly in your pocket for now.

Paul is watching

I have had the one qualifying bet so far, issued last Sunday just gone, and there is a potential qualifyer today. I will update weekly.

Click here to visit the Hot Horses sales page