Betting method rules betting school


Published on Horse racing systems get a bad press because there is so much rubbish being peddled. Systems that promise substantial profits but in reality they are just junk.

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Betting method rules betting school

  1. 1. Betting Method RulesHorse racing systems get a bad press because there is so much rubbish being peddled.Systems that promise substantial profits but in reality they are just junk.Systems marketers and builders fall into three main camps.1. Con men: Strong names but I think deserved. These are people who have no interest inhorse racing systems but they have discovered that there are a lot of hungry buyers who wouldlike to win money on betting.They spend all of their time crafting the sales letter that will draw in the unsuspecting customer.They know that however poor the method is that only a small percentage will ask for a refund.2. Idiots: These are people who have found what they believe is a profitable method but inreality it turns out to be just some coincedental wins.These people dont understand the problems caused by making a system fit the data available.The fact is that given any set of data the determined person can find a set of rules that could beapplied to that data that will find enough winners to make a winning system.
  2. 2. Hindsight is 20 20.3. The Expert: There are of course people who know about researching trends, who realise thata trend found in one set of data needs to be re tested on another different set of data before itcan be considered reliable. If you are to buy a betting method then these are the people youshould be following.Heres my step by step plan for creating a workable horse racing system1. look at lots of old data to locate an indicator of winners. Something that looks to be commonto a lot of successes that could maybe become the basis of a method.2. Hone that idea by adding known sensible filters, things like days since last run (recent runsindicate that the horse is likely to fit), course and /or distance winners (have proven they canwin in that race type) etc.If you have a filter that says the horse must have run between 1 to 4 days ago or 10 to 20 daysago (IE but not 5 to 9) then you are just making your method fit the data.3. And this is the critical step. Try your completed method on raw data. This is how you knowyou are on to something genuine. And if you then adjust it a bit so it looks good on both sets ofdata then you are back-fitting again.