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Betting Method Creation – UK Free Horse Racing Tips




betting methods get a bad press because there is so much rubbish being peddled.
Methods that promise huge profits but in real life they are just junk.

Method vendors and builders fall into three main camps.

1. Con men: Harsh words but I think deserved. These are people who have no
interest in betting methods but they have realised that there are a lot of raving
fans who would like to make money from the horses.

They spend all of their time crafting the sales letter that will suck in the
unsuspecting punter.

They know that however bad 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 in fact it turns out to be just some coincedental wins.
These fools dont realise the problems caused by making a system fit the data
available. The thing is that given any set of data the diligent person can find a set
of rules that could be applied to that data that will find enough winners to make a
winning system.

Hindsight is 20 20.

3. The Expert: There are of course people who know about researching trends,
who realise that a factor found in one set of data needs to be fully tested on
another unique set of data before it can be considered reliable. If you are to buy a
betting method then these are the people you should be following.

Here's my step by step plan for creating a reliable betting system

1. look at lots of past data to locate an indicator of winners. Something that looks
to be common to a lot of winners that could maybe become the basis of a system.

2. Hone that idea by adding known sensible filters, things like days since last run
(recent runs indicate that the horse is likely to fit), course and /or distance
winners (have proven they can win 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 days ago (IE but not 5 to 9) then you are just making your system fit the
data.

3. And this is the crucial step. Try your completed method on raw data. This is
how you know you are on to something genuine. But if you then adjust it a bit so
it looks good on both sets of data then you are back-fitting again.

The www.Betting-School.com website is your one stop resource for all things
related to UK horse racing and betting. For horse racing systems
goto http://www.betting-school.com/horse-racing-system/

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Betting method creation – uk free horse racing tips

  • 1. Betting Method Creation – UK Free Horse Racing Tips betting methods get a bad press because there is so much rubbish being peddled. Methods that promise huge profits but in real life they are just junk. Method vendors and builders fall into three main camps. 1. Con men: Harsh words but I think deserved. These are people who have no interest in betting methods but they have realised that there are a lot of raving fans who would like to make money from the horses. They spend all of their time crafting the sales letter that will suck in the unsuspecting punter. They know that however bad 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 in fact it turns out to be just some coincedental wins.
  • 2. These fools dont realise the problems caused by making a system fit the data available. The thing is that given any set of data the diligent person can find a set of rules that could be applied to that data that will find enough winners to make a winning system. Hindsight is 20 20. 3. The Expert: There are of course people who know about researching trends, who realise that a factor found in one set of data needs to be fully tested on another unique set of data before it can be considered reliable. If you are to buy a betting method then these are the people you should be following. Here's my step by step plan for creating a reliable betting system 1. look at lots of past data to locate an indicator of winners. Something that looks to be common to a lot of winners that could maybe become the basis of a system. 2. Hone that idea by adding known sensible filters, things like days since last run (recent runs indicate that the horse is likely to fit), course and /or distance winners (have proven they can win 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 days ago (IE but not 5 to 9) then you are just making your system fit the data. 3. And this is the crucial step. Try your completed method on raw data. This is how you know you are on to something genuine. But if you then adjust it a bit so it looks good on both sets of data then you are back-fitting again. The www.Betting-School.com website is your one stop resource for all things related to UK horse racing and betting. For horse racing systems goto http://www.betting-school.com/horse-racing-system/