+289 pts profit in February – A summary of the month

February 27, 2010 By Richard 0

So we ended this week -14.5pts down (or -10.5 pts if you backed Not My Choice today).

As I have said from the start, the reason I was happy to put all my bets up live on the website is to show you exactly what being a pro bettor is like, it is not easy or a “get rich quick” scheme but if you manage your money and staking well and stick to good solid value selections you can’t go far wrong – your bank will grow month on month and so will your staking levels in direct proportion.

To make consistant profits in this game requires discipline and patience – keep doing the right things day in and day out and you will get there.

The past 3 weeks have given us some fantastic days with huge profits, days with small profits and days with losses – this is all part of it and the longer you bet on the horses the more you realise that there will always be peaks and troughs – no matter how hard you work and how much planning you make to avoid it. I research all my selections to put the odds firmly in our favour every day – but as this week has shown – sometimes it just does’nt matter. Even the weather can be against us, over the past two weeks there have been a total of 10 selections who simply did not race due to meetings being abandoned.

So following on from a +138 pt profit in January, although we lost nearly 2 weeks of racing due to the weather, February has been another good month, the past 3 weeks have given us a total profit of +254 pts plus a 35 pt profit made in the 1st week of the month gives us a total profit in February of +289 pts.

I am sure you all have your own goals to hit – I aim for between 150 – 200 pts profit every month as an average. I have found this an achievable level which I have maintained for the past 6 years. Which is why I am so confident I will help you do the same.

Have a great weekend everyone,

Rich

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Filed Under: News

26.02.10 – Results

February 27, 2010 By Richard 0

I guess this week was just one of those weeks you get in racing – my first losing week for the past 6 weeks but on the back of some great weeks lately you have to expect these sort of weeks when betting on horses.

Firstly todays bets:

2:10 Warwick – Little George – as with Good Faloue yesterday he finished just out of the money in 4th – was held up by Choc Thornton and delivered near the end of the race when he was making ground but the race had gone by then, clearly the ground was a little too soft for him with all the rain. So no repeat of the 25 pt profit he made us in January. Both todays and yesterdays were good solid each way selections at great prices that just did not do it. On another week they would have both gone in – but over the years I have learned that these things happen and it is onwards and upwards.

Then the Lay selections – hopefully those of you who have been with me for the full 3 weeks will have read the market and certainly the 5 non-runners in the 3:05 changed the whole look of the race. Our selection, Not My Choice was backed in from 4.5 to 2.1 – making it at least a non-lay but it was well in my 25% reduction in odds to warrant a 2 pt back bet. I backed it at 3.0 and it stormed in to win. The main point was that you should not have layed it under any circumstances. So you came out even or with a 4 pt profit if you backed it.

5:10 Wolverhampton – Jessica Wigmo was the only non-runner – so you should not have bet on the race.

6:10 Wolverhampton – Steel City Boy – well another All weather shocker – after I was saying what a lottery the 5f and 6f races were I looked at his form and draw position and felt he was a good Lay bet. The odds supported our verdict with Steel City Boy drifting out from 5.9 to 11.0 on Betfair. Everything pointed to a solid lay – and yes he goes and wins the race – I must admit it was such a crazy result I laughed out loud when I watched the race – just shows how important a limited liability lay bet is, so a -5 point loss.

After such a great run on the Lay Bets it’s another All Weather drifter that ends the winning streak, in fact the last losing bet we had was also an All Weather drifter.

Such is life – we have had a great month in February, so I guess we were due a week like this.

Rich

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Filed Under: News

26.02.10 Selections

February 26, 2010 By Richard 0

Again the weather has taken it’s toll on our selections, with Sandown being abandoned.

A horse I have been following for a while now runs today.

Back Bet:

2:10 Warwick – Little George – 10 / 1 – 2 pts e/w – grab this price while you can. Another of Alan King’s horses, he was a selection of mine at Leicester towards the end of January where he won at 10/1 on that day, again he was a 2pt e/w bet and gave us a nice +25 pt profit. He beat the heavily backed favourite on the day Queen Poline who was out yesterday at Huntingdon and won. Strong form line and good reports on Little George from the yard point to another strong run from him today.

Lay Bets:

3:05 Southwell (AW) - Not My Choice – currently 4.5 on Betfair

5:10 Wolverhampton (AW) – Jessica Wigmo – currently 6.8 on Betfair

6:10 Wolverhampton (AW) – Steel City Boy – currently 5.9 on Betfair

As you can see – all my selections are on the All Weather – so watch those markets carefully for any shortening in price.

Have a great day,

Rich

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Filed Under: Daily Selections, News

Layers Paradise – Past 27 Selections – 26 Successful – 96% Strike Rate

February 26, 2010 By Richard 0

Morning,

I just wanted to thank all the layers out there for their emails of gratitude. We are on a hot streak at the moment. Over the past 2 weeks we have had 30 Selections – 3 became non-lays as their odds shortened considerably – that left us 27 selections to bet – out of which we had 1 losing bet and 26 successful bets. A fantastic strike rate of 96%.

What this does demonstrate is the effect of the weather on jump racing – we have seen a dip in the consistancy of our Back selections but our Lay selections have gone through the roof. We are showing over 25 pts profit from our Lays in the past 2 weeks. Again the importance of this is that it covers the majority of our stakes on the back bets until we start hitting the winners again. I usually expect over 5 winners per week on my back bets but there are weeks like these where for whatever reason they just don’t go in.

As you have seen we do not go the route of backing short priced winners, we look for the true value in our selections and balance up the odds and chances of each selection. Month in and Month out this has proven to be the only way to achieve true success and profits.

Back to work on todays selections,

Rich

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Filed Under: News Tagged With: layers paradise

New Training Video – How to decide if you Lay our Lay Selection

February 25, 2010 By Richard 0

Evening guys,

Two more successful Lay selections today – they are making all the difference at the moment – so you need to be doing them.

I recorded a quick video to help you all who are struggling to decide if you are going to Lay our Lay Selections or not. Hopefully things will be a little clearer after watching the video.

So go to the Video Training section and enjoy.

Rich

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Filed Under: Hints and Tips, News Tagged With: Lay Selection, lay selections

Racing Profits Selection Line – 0906 739 5358 – Launched on Monday

February 25, 2010 By Richard 0

The Selection Line will be launched on Monday 1st March, on which I shall be continuing to share my own personal selections and bets I will be placing that day. I hope the last few weeks selections has shown the quality of Back and Lay information I use day to day.

We have had days where all 3 back selections have come in for us, treble e/w bets and successful lay after successful lay. Yes the weather has taken it’s toll on a few very promising selections and forced the abandonment of some mettings but overall we should all be well up for the month and showing healthy profits. And this is what we are all about at Racing Profits – showing good profit every month. Build your bank – increase your stakes and increase your profits.

SO the all important number you need is:

0906 739 5358

The daily selections will be up on the line by 11am each day and all the information will be aimed at making you money.

UPDATE: I will also be putting up my “dutch” selections in the flat season to boost your profits even more. I truly believe that no other Race Selection Service in the UK offers what we do.

Please note that 0906 739 5358 is a Premium Rate Service and is charged at £1.00 per minute from a BT Landline. Other Networks and mobiles may charge more. You must have the bill payers permission. Service is provided by Freebiesmart, PO Box 1218, LIncoln, LN5 5NA. For help call 0844 249 1976 .

Get ready for a great – profitable 2010.

Regards,

Rich

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Filed Under: News Tagged With: racing profits selection line

25.02.10 – Selections

February 25, 2010 By Richard 0

Just the one back bet today but offers cracking value on her previous form.

Back Bet:

2:00 Huntingdon – Good Faloue – 12/1 – 2pts e/w – she won a bumper around Huntingdon a couple of runs back and looked a promising recruit to hurdles. Last run at Plumpton, her first over fences, she looked a little green but came a creditable 3rd behind a promising Gary Moore horse called Megasue who has since gone on to win. Track and going is clearly in her favour today and the stable expect a good run – grab those odds.

Lay Bets:

2:30 Huntingdon - Carrig An Uisce – currently 5.2 on Betfair

4:10 Huntingdon - Zanzibar Boy - currently 5.7 on Betfair

We also had 2 further Lays at Ayr but it has just been abandoned due to frozen ground.

Have a great day,

Rich

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Filed Under: Daily Selections, News

24.02.10 – Results

February 24, 2010 By Richard 0

Evening All,

I’ve just got home from Doncaster, bit of a grey day weatherwise but not too bad on the selections even though we did not get any return from our back bets again. I watched the 3:10 and have got to say that from the stands I really thought we were going to cash in big time on the outside of the two back bets Ascendant which I got the best odds of 16.0 on Betfair this afternoon. He ran so well but you could see the ground taking it’s toll on him and he faded away. I was watching the odds on Betfair on my Blackberry and they tumbled to 4.3 – so hopefully some of you greened up and got your stake back. He is a horse to take note of though when the weather improves and the going is firmer. His flat credentials will really tell then and he should be at a decent price too.

No excuses for Rushwee though – he just under performed, fading to 6th place. So a loss of 6 pts on the back bets , or 4 pts if you traded off on Ascendant in running.

Another successful day on the lays which are really strong at the moment, we are running at 95% success. As you will have noticed I am not putting up as many A/W lays, as our strike rate on National Hunt is so much stronger. I only layed No Wonga and decided not to lay Maori Legend due to the money which came for it late on, it dropped from 6.2 down to a low of 4.9 and then up to around 5.2 at the off. So made a 2 pt profit on the lays.

So today gave us a small loss of -4pts (or -2pts if you got your stake back on Ascendant).

These are the days that really show you how a Betting Pro thinks, patience and discipline are so important on days like today.

Do not start trying to chase your losses with “gambles” – just let this quiet spell pass until the next few winners who are on their way. You will have days and weeks like this – which is why you manage your money and set up your bank as you do – to minimise the impact on your bank and maximise those big win bets when they come.

Just keep in mind days like those in the first week when we made 200+ pts in a day, you have already made your profit for the month in one week. Now you see the other side of the coin where you need to bide your time and be patient.

Talk in the morning,

Rich

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Filed Under: Daily Selections, News

24.02.10 – Selections

February 24, 2010 By Richard 0

Morning all,

Straight down to business.

Back Bets:

1:50 Ludlow – Rushwee – 3/1 – 2pts e/w – a drop in grade and a great opportunity.

3:10 Doncaster – Ascendant – 14/1 – 1pt e/w – a great flat performer who won 1st hurdle race and then disappointed in his last outing – if you forgive that last race - the stable are confident he will perform today – offers great value.

Lay Bets:

2:20 Ludlow - No Wonga – currently 3.9 on Betfair

4.05 Ludlow – Maori Legend – currently 6.6 on Betfair

Watch the markets for any shortening in price over that last 15 mins.

I’ve had alot of emails regarding the Racing Profits Selection Line – Yes all is set for the launch next Monday 1st March. I now have the number which I will put up on the site later today, so you can all make a note of it.

I have also set up an email service for those who live abroad or have difficulty with calling the line. Please email me on richard@racingprofits.net if this is easier for you.

Have a great day,

Richard

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Filed Under: Daily Selections, News

23.02.10 – Results

February 23, 2010 By Richard 0

Another day where our back bets failed to fire to any extent and another day which demonstrates the value of having a mixed strategy of backing and laying to protect your bank levels +3.5pt profit today.

Back Bets:

3:20 Taunton – Lost Glory – As we know Jonjo Oneill has been in real form especially with our old friend Open Day who has done the business twice for us over the past two weeks. My stable contact had been very positive about the chances of Lost Glory today but he clearly never got into the race at all. A loss of 2 pts.

3:30 Southwell – Call At Midnight – had 7lbs on the winner in the weights and I really fancied him to do the business today for us. Up in contention for the majority of the race but never quickened when needed. A 3rd place gives us a small 0.5pt loss on the bet.

Again the Lay Selections were great with 5 out of 5 successful lays – not one even placed which is what I like to see and a nice +6pts profit on the day.

I hope everyone is grasping how important the lays are to our overall betting strategy. Yes it is nice when we have the big winners from the back bets but it is as equally important that our stakes are made back with the Lay selections. Small profits all add up and help protect your bank from any major hits. Keep building that bank slowly.

Rich