Betting method rules – online betting school

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

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Betting method rules – online betting school

  1. 1. Betting Method Rules – Online Betting SchoolHorse racing methods get bad publicity because there is so much junk being peddled. Methods thatpromise substantial profits but in real life they are just trash.Systems sellers and builders fall into three main categories.1. Cheats: Strong names but I think deserved. These are people who have no affinity with bettingsystems but they have discovered that there are a lot of raving fans who would like to make money frombetting.They spend all of their time crafting the sales letter that will suck in the unsuspecting punter.They knowthat however poor the method is that only a tiny percentage will ask for a refund.2. Idiots: These are people who have found what they think is a profitable method but in fact it turns outto be just some coincedental wins.These fools dont understand the problems caused by making a system fit the data available. The fact isthat given any set of data the determined person can find a set of rules that could be applied to thatdata that will find enough winners to make a winning system.Hindsight is 20 20.
  2. 2. 3. The Expert: There are of course people who know about researching data, who realise that a factorfound in one set of data needs to be re tested on another different set of data before it can beconsidered safe. If you are to buy a betting method then these are the people you should be following.Heres my step by step plan for creating a workable horse racing system1. look at lots of past data to find an indicator of winners. Something that looks to be common to a lot ofsuccesses 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 runs indicatethat the horse is likely to fit), course and /or distance winners (have proven they can win in that racetype) 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 (IEbut not 5 to 9) then you are just making your system fit the data.3. And this is the critical step. Try your completed system on raw data. This is how you know you are onto something genuine. And if you then adjust it a bit so it looks good on both sets of data then you areback-fitting again.The Betting School website is your one stop resource for all things related to UK horse racing andbetting. For horse racing systems goto Horse Racing Systems

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