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in Sports / Equestrian    (submitted 2011-01-06)

Many punters use one system or the other for horse race betting. Many of these systems can be found for sale online, all with glamorous sales pitches with zero to millions promises. How many times have you checked your emails and seen mails with subjects like these?

“Free XYZ system that made $297,569 in one year”

“How ABC system turned former truck driver to instant millionaire…”

Money is something that every human being wants to have in abundance, and the allure of making money without having to work too much for it is what these systems horse racing scammers have used to ensnare people like betting flies to the scammers’ naked flames.

Perhaps you may have bought and used many of these betting systems. I have, and I can tell you that many of these systems are bloodsuckers. They suck all your money, and give nothing in return but tears. If you are like me (and I am sure there are tens of thousands the world over with similar experiences), you would have found out that many of these systems are nothing but elaborate scams.

The funny thing is that these systems horse racing scams are thriving, largely due to the fact that more and more otherwise rational men and women cannot resist these salacious headlines and continue to dole out money in the quest for horse race betting’s Golden Fleece.

If you are tired of being ripped off ceaselessly by these bloodsuckers, some of these tips below can help you avoid paying for the expensive lifestyles these scammers live.

If something is too good to be true, it almost certainly is. As much as many of us would like to believe that someone may have stumbled onto a miracle solution, the reality of this is that this is just not the case in the world of systems horse racing. Even the best of systems are unlikely to deliver more than 20% returns on investment at a time, even with the best application. Any system that promises you more, especially those triple digit promises, are just plain scams.

Look at the webpage and see if there is a physical address. How long has the company offering a system been in business? Are there genuine reviews about them anywhere online (I am not talking of some fake reviews which some of them pay people to do for them)? Many genuine system horse racing companies will allow you a free trial to see if the claims and the results you get match up. A scam company will be too scared to let you try out their system, which they know doesn’t work anyway.

These two steps alone will help you weed out majority of system horse racing scam companies. You can also check a lot of good review sites online to get information from veteran punters who have tested these systems horse racing. Furthermore, punters have to learn that it is correct application of good money management in betting (aiming for smaller returns that add up over time) that actually makes for success rather than over-reliance on a magic bullet system.

About the Author

The Race Advisor blog is run and edited by successful bettor Michael Wilding. It has been created to provide punters with free valuable guidelines on how to become a successful gambler. To be successful in this business requires hard work and dedication, it will not happen overnight but by using this websites free resources and articles will significantly help you gain the edge needed to make a living from betting.

If you’re a beginner and itching to get into all of the action, here are some of the most basic things that you need to know before you even place your wagers:

1. Know your team – It is important to know if there are any injured players on the team you like. In a game like basketball, stamina is the key to winning; if the players are encumbered by injuries, then it’s most likely that their team will lose. A good tip is to bet on the team that has the most time to rest before the match.

2. Choose your betting system – In basketball betting, you can choose from a wide range of betting systems. You can either go with a point spread, money line, or whatever, choose the one that you’re more comfortable with. If you understand the betting system, then you can place a more informed bet.

3. Go with a team on a winning streak – Morale is high on a team that is on a consecutive winning streak. The odds to win are likely to be higher on a team on a streak than on a more skillful and higher-ranking one.

4. Bet on multiple outcomes – This is also called multiple regressions. By betting on more than one outcome of the game, then your chances of winning rise. Betting on multiple outcomes is not the same as betting on both teams; with this you’re only betting on the multiple ways your chosen team would win the game.

Betting on basketball games definitely adds to the excitement, and by keeping these tips in mind, you’ll start to make a lot of money and enjoy all at the same time.

If you’re contemplating in parting with your hard earned money for a horse racing tipping service then, it’s absolutely crucial to get involved in a service that continually returns a long term profit and has an excellent reputation.

There is conflicting information in the online marketplace and certainly when it comes to betting and the next best thing to hit the market, with promises of rags to riches and finding the holy grail, if it only it were that easy.

What you should be aiming for is a service that gives you a steady and realistic growth of your betting bank and meets with your approval for money and the time required.

Layers Of Profit is a service which gets involved in the laying market mainly with Betfair, which in effect you are acting as your own mini bookmaker, because you’ll be seeking to lay a bet at the lowest possible odds in order to protest your liability.

The object of the layer is to get the lowest odds available, as your betting against the outcome and for a backer, you would be looking for the highest available odds in order to try and take as much profit as you can from the betting markets.

With this system you will only be laying horses at a low price, so there will be no nasty shocks to the system and you will only ever be betting against certain horses when they meet with the selection criteria.

The Layers Of Profit team are so confident with their picks that, they not only offer a sixty day no quibble money back guarantee, but they are also offering a week of free tips at present.

When you’re thinking in getting involved with any form of betting, it is of vital importance to have an understanding of the costs involved & how much profit you will need to make weekly, monthly & yearly for your chosen service to be worthwhile.

If you pay 40 pounds per month & your betting bank grows by 80 pounds per month then, that would be a service worth continuing with, however, if your betting bank only grew by 30 pounds per month then, this is something that you would want to stop at the earliest opportunity, as you would be making an overall loss, once you factor in your monthly subscription.

The key to any bettor & their long term success is having a good system in place with betting rules, strict money management & financial discipline. There will be testing times ahead with any service, so if you cannot bear the inevitable losing run that comes with any system or service then, it would be better for you to keep your money in your pocket.

The reason why approximately 90% of the betting public lose money is mainly due to rules & discipline & because they chop & change, when things don’t go according to plan. The key is to stick to something that will in the long run, produce a profit.

Some people seem to be wired up wrongly & seem to have a psychological discomfort in following a service or system that produces a lot of losing trades or bets. What I have learned through trading & betting is that, if you can stick to the rules no matter what the markets fling at you then, you can still produce a long term profit from one winner from every five bets or trades, by keeping your losses small & taking as much profit as you can from your winning bets.

It is very important to choose wisely when you’re prepared to part with your hard earned cash, on a service which involves financial trading or sports betting.

The market is saturated with vendors promoting their service & the next best thing, so you won’t be stuck for choice, but make sure that the service or system has been reviewed & by a reputable & related website.

If you do the necessary due diligence from the beginning then, this will save you time & money in the long run & you are more than likely to be in a position to grow your betting bank.

If horse racing is something that you are interested in & like to place bets on then, you have come to the right place, as this service comes with a proven track record from a few reputable review websites & also being proofed by another top horse racing site.

You will be able to absorb a lot of losers with the tips that this service finds, as the winning bets have very healthy odds & therefore can soak up previous losing bets.

This service only needs a 20% strike rate with the type of odds that the selection criteria finds, to enable the service to continue to enjoy a steady profit.

With any service it’s crucial to keep your losses small & your wins big & if you apply the 2% betting rule to all of your bets then, you will be removing most of the emotional attachment that comes in betting with real money & be better equipped in dealing with the two inner demons that control most of the betting & financial markets greed & fear.