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Horse Racing Betting Systems

September 21, 2012 By chriswigg Leave a Comment

Betting systems for horse racing or any other sport, including my own Easy Lays System, are very popular for a number of reasons:

They are created by observing and identifying value bets

They pinpoint winning angles untapped by the majority of bettors

They are consistent and backed up by past results over a period of time

Nick Mordin, author of ‘Betting For A Living’ and ‘Winning Without Thinking’ says: “You will note that all of the systems (I use) are extremely simple… Most of them seek to exploit a single, simple weakness in the thinking of most punters.”

Here are a few examples:

Back favourites in amateur rider races when ridden by a female jockey
Reason: most punters are biased against female jockeys and only back them when the horse has a very real chance of winning.

Back any horse that is turned out again within 4 days after winning a race
Reasoning: the horse will retain its fitness over so short a time and is likely to be running off the same weight.

Back any maiden runner who finished third or fourth last time if it finished second in its two previous outings
Reasoning: punters exaggerate potential over actual form in maiden races and assume a horse has ‘seconditis’ after running second twice in a row. If it then finishes even further back the assumption is that the horse is regressing and refuse to back it whereas any maiden horse finishing second is potentially useful and could easily go on to win.

However Nick Mordin warns that any system “however successful it is will eventually start losing money… influential tipsters or heavy bettors will get hold of it and reduce the value of the qualifiers.

For this reason I am constantly monitoring and if necessary improving upon the Easy Lays System which has been on the market since 2006 in one guise or another.

Systems for laying horses on the exchanges work in the same way as backing systems in that they identify gaps in the market not perceived by other punters. This has the effect, in the case of lay bets, of finding selections whose price is lower than it should be i.e. value lay bets.

The basis of the Easy Lays System is unchanged but the first update of the original system was undertaken in 2011 by Theo Koumis, a well known systems analyst. His in depth analysis of all the previous qualifiers using three years of data resulted in a refined method of selecting qualifiers.

Now in 2012 the system has again been overhauled and Starting Price criteria have further refined the selection process.

Feedback from users of the system point up numerous ways to use the selections

For example one bettor will lay the longer priced selections for a place while another will lay all selections for a place.

Another bettor will only lay below or above a certain price.
One user comments: “have been following it with generally great results although it can be quite volatile (as in good days and really bad days). No complaints though, it has to be the best system I have ever purchased. Warm regards Ross”
So although the selections come with recommended use, how you use them is by no means set in stone.

I wish you every success with the current version of the Easy Lays System

Regards

Chris Wigg

Filed Under: Betting Systems, Horse Racing, Lay, Sports Tagged With: Easy Lays System, Nick Mordin, Starting Price, Theo Koumis

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