20 TIPS FOR GETTING THE BEST POSSIBLE ODDS
The goal of this Fair Odds Recording methods at Winning Edge Investments is for each member to beat the price recorded in official results, or at least fit them.
Below is a summary of the top 20 ways to get the best possible chances, and greatly exceed official outcomes:
1) Use Dynamic Odds (or alternative odds comparison websites)
Among the major variables – if not the major factor – in betting profitably is striving to get the absolute best deal possible.
After all of the work is done and you are onto a fantastic thing, there is no larger’own goal’ than carrying an inferior price. It takes the same amount of time and attempt to place the wager, nevertheless you get paid (sometimes considerably ) less.
When you’re after any of our solutions, it is crucial that you aim to find the best deals possible. There’s no point going to the 1 bookie and only taking their cost if others are paying better.
Take yourself back to the old-school gambling ring at the track…you would not get it done! You’d constantly search for the best cost and zero on that bookie.
Luckily, odds comparison websites permit you to replicate that if betting online. Rather than having to make your way across all the different bookies’ sites or apps, odds comparison websites allow you to just pick your race or sporting event and watch numerous bookies’ costs side-by-side.
There is a few odds comparison options on the market. In our opinion, the best one available is Dynamic Odds. Follow on the link and we’ve organized a distinctive 4-week free trial for you. It is an easy-to-use and readily comprehensible product. You can pick that bookies to display on screen, there’s a mountain of options and tools, and on top of that, you can sign in to all your bookie accounts throughout the program and just bet from Dynamic Opportunities together with the click of a button. Click that price you need, enter your stake, and you’re on. It’s fast and dead-simple to use and guarantees you always get the very best price of all of the bookies.
If you aren’t using Dynamic Odds you’re costing yourself a fortune in extra gains. It amazes us that there are still members reporting that they are still not utilizing this instrument. Even a little punter working fulltime will boost their profits considerably using Dynamic Odds. You can assess and compare prices together with your personal bookies quickly on your own notebook or mobile phone, and even put bets through your cellphone with your entire bookies employing the lively odds mobile edition. This is a lot faster and more powerful than gambling through each bookie program or site individually. Do not forget clicking our link gets you a 4-week free trial, so in the event that you have not tried it yet, get onto it today. The premium version only costs $35 per month. For the excess money you will make by having the ability to easily take much better costs, that is a complete bargain. Trust us, it is worth every cent.
2) Have lots of bookmaker accounts
The fundamental rule with bookmakers is simply to have access to as many as possible, as it provides you a greater prospect of always having the ability to bet the very best price. Take your betting bank and disperse it across as many bookmaker accounts as possible. It’s much better to own your bankroll evenly divide across 10bookmaker balances than all sitting in one.
There’s a good deal of alternatives out there in regards to bookies. Our suggestions, as a way of importance/benefit are as follows:
Betfair, Bet365, Vicbet, TopSport, Sportsbet, Sportsbetting, NSW Tab, VIC Tab, Ubet, BlueBet,Ladbrokes, Neds, BetEasy, TopBetta, David Dwyer, Betstar, Bookmaker, Tabtouch, Best Bookies, Unibet, Palmerbet & Classicbet.
3) Bookies with a buffer
If you haven’t got an account with Bet365, be sure you get one instantly. Bet365 routinely offer the best early deals on hurrying, and moreover provide an SP warranty. Bet365 cover best of fixed cost or SP, whichever is higher. It can be worth at times taking a lesser fixed price to secure the possible benefit of’drift protection’. Whilst that is often a good alternative, best tote or Betfair SP will usually outperform SP on any drifter. Taking early costs with Bet365 will provide you the chance to transcend official outcomes, with the SP buffer accessible if the horse does ramble. Bet365 are well known for banning winning punters, but with NSW and Vic now having minimum bet laws in place, Bet365 is back in the film for everyone. Use them where their price is over or near your 3rd best fixed cost in the email as there’s an SP buffer (provided that you aren’t restricted from this product).
4) Betfair
Betfair routinely offer the best odds available in the market for horse racing, particularly during the last 15 minutes of betting.
Usually Betfair gets one of the best odds on horses drifting in the market, and on horses at big (double figure) prices. It is a must have.
We could write an informative article on the prices on Betfair on a few of our winners, but a handful of illustrations from Dean’s Tips are under. As you can see, at all spectrums of the market you can get Fantastic prices on Betfair even only at Betfair SP:
??? Emmadee: Official $101, $260 Betfair SP (got out to $560 on Betfair in gambling )
??? Balrov: Official $23, $60 Betfair SP (earned out to $120 on Betfair in betting)
??? Time And Truth: Official $23, $80 Betfair SP (got out to $140 on Betfair in betting)
??? Fish Bones Fry: Official $34, $60 Betfair SP (got out to $90 on Betfair in gambling )
??? Shazee Lee: Official $56, $100 Betfair SP (got out to $110 on Betfair in gambling )
5) BOB
BOB stands for Best of the Best. This is a superb product that provides you with the best of 3 totes or Leading Fluctuation (note Top Fluctuation is calculated from 25 minutes prior to race start time – maybe not from the opening price).
Vicbet offer BOB for all races across Australia, seven days per week. TopSport offer it for Saturday Metro meetings, as do Ladbrokes/Bookmaker/Betstar. David Dwyer offers it for many Sydney metro meetings such as midweek. BOB is generally better for horses single figure odds, also BFSP (Betfair SP) better for horses in double figure odds.
6) Additional late betting stake on large drifters
1 chance to consider is increasing your bet on a stunning drifter.
The Kelly Criterion (widely considered the ideal formula to use to determine the best size of a wager ), suggests that to maximise long-term profits and create a larger edge, the more you need to bet. So, for instance if you rate a horse a $3 opportunity and could get $7 in the current market, you should bet MORE than in case you could obtain $5 in the marketplace.
This theorem is why we recommend having another wager at our runners in the event the price drifts to around 50 percent or more above the recommended price.
Some reasons that horses drift dramatically on Betfair include;
??? Wide gate ??? High weight
??? Poor run last beginning or poor recent form
??? Low-rated trainer or jockey
??? First-up and not favoured
??? A hot, heavily-backed favorite in the race
These motives have been assessed and considered by our specialist professional analysts – drifters shouldn’t concern you in many instances.
If you lock in an early cost and then the horse drifts significantly (close to 50% or more), then it’s surely worth backing again on Betfair to get your average price up, to exceed official results. There have been lots of significant drifters that have won at odds far greater than official rates. It is just about taking additional advantage when one drifts.
7) Get on course It is becoming reported that top fluctuation prices available on track at the racecourses are well above those reported during the Official Prices (which require a ridiculous 6 bookmakers to all have the cost for its fluctuation to be contained ). Heading into the monitor to bet might get you better prices than available online.
8) Other bookies not contemplated in opening fixed prices Many bookies like Unibet, Palmerbet, Betting.Club, Betstar, Bookmaker, Neds, Classicbet, Pointsbet & Madbookie are all not contained when saying the 3rd best fixed cost. You can frequently get larger fixed odds using these bookies.
9) Bookies not on Dynamic Odds
A very large proportion of members wager utilizing Dynamic Odds, and choose the best available prices from that selection of bookies. Because of this, there are several bookies whose prices aren’t revealed on Dynamic Odds. They are also not regarded as official results or betting information.
However, many members do gamble with those bookies, and often find they get greater prices than main bookies. The other bonus is that as such bookies are lesser known & not on Dynamic Odds, their rates are often available a lot more. If you happen to miss a historical price, it is well worth looking at those bookies to find out whether the cost may have held, as they often do hold much longer compared to the bookies on Dynamic Odds.
Options include: Betting.Club, Palmerbet, Madbookie & Pointsbet.
10) Horses drifting to greater prices than quoted before awake sent
This really happens fairly often. By the time the alert is sent, many times a horse has drifted outside to prices greater than said, but nevertheless that said price is listed. For example, there was one occasion where a horse had been advised at $3.20 when the e-mail had been sent, but was 4.40 about a minute later.The $3.20 cost was recorded for this winner.
11) Bookies providing better prices than quoted after alert sent
There are in reality occasions where stakes are shipped, but there is still 1 or two bookies who have not put up prices yet. Even though early prices have been crunched, often these bookies will bill their analyst’s first rates. There was an occasion where we backed a horse out of $21 into $11, and then 1 or two bookies opened 15 minutes later at $21. Those prices frequently sit there for some time as most members have already placed their bets.
12) Tracking and gambling late when market percentages are lower and more in your favour As soon as we advise taking a cost with Greatest Tote/SP, Best Fluc, Betfair SP or BOB, which indicates we believe the horse will likely drift from its present fixed price in betting.
Bets for many horse racing solutions are shipped usually between 9am and 11am, however, the market percentages are larger at nowadays. Whilst we often acquire outstanding costs on horses that were mispriced and firm, on many occasions natural gambling movements mean the prices drift back out towards beginning time since the bookies begin to compete along with the market proportions decrease.
This means frequently a horse drifts out, but then gets backed again very late by large players. So, although the starting price could be close to or even lower than the early cost, the horse has been considerably larger odds during betting.
Below are 3 examples which spring to mind, but these Kinds of market movements are commonplace:
??? Delagos: totaled $11, drifted out to $31 with corporatebookies and $30 Betfair only prior to the beginning, but only paid $15 SP
??? Maccy Fields: Opened $8.50, drifted out to $14 Betfair, firmed back into $8.50 SP
??? Zerprise Journey: Opened $4.20, drifted out to $6.60 in gambling on Betfair, and then firmed back into $4.10 Best Tote/SP
13) Not gambling if a horse is becoming over wager Often a horse gets’over bet’ and backed down to some ridiculous, shortprice, particularly at the shorter end of this marketplace. You may choose to simply not wager when the value is not there, or so the horse is beneath the rated/minimum price advised – this will save units in the long term and avoids taking’unders’. You could also set a minimum price on Betfair SP so that you don’t ever take below the minimum price you put / we recommend.
14) Laying back a runner Betfair if the horse has become’overbet’
Some wise members lay back runners who company dramatically. This permits them to efficiently have a’free wager’ on a runner, or also guarantee a profit regardless of if or not a horse wins or not. This grants a few members the opportunity to substantially reduce variance and wager moderately risk free, particularly when financing runners expected to business dramatically when informed by the expert. Greyhound Expert & John’s Analytics are two solutions where this can be extremely effective as all stakes are advised to be backed at fixed odds once the e-mail is routed, and the huge majority of bets company in the market.
15) Metro/City v Country/Provincial
Prices on runners for Metro/City races are substantially lessinfluenced when stakes are released than Country/Provincial races at which they can be impacted. For Metro/City races (the major raceday in every state typically on a Saturday and Wednesday), three good choices are either betting through Bet365 when you have the SP guarantee, using a Best of the ideal merchandise (highest of Greatest Tote and Top Fluc) offered by manydifferent bookies such as Vicbet, or Betfair is the buddy on Metro races too with amazing prices and liquidity available throughout betting, even if only using the Betfair SP instrument.
Notice the standard paths for Metro/City racing are:
??? NSW: Randwick, Rosehill, Warwick Farm and Canterbury
??? VIC: Flemington, Caulfield, Moonee Valley, Sandown Hillside and Sandown Lakeside
??? QLD: Eagle Farm and Doomben
??? SA: Morphettville and Morphettville Parks
??? WA: Ascot and Belmont
For Provincial & Country racing, choosing some of the better fixed costs available in the time bets are sent is a good strategy, however if you can monitor prices even just on a few days such as weekends, then you will find through a combination of corporate bookies, Betfair and totes you will get fantastic prices above those recorded.
16) Consider the advised unit stakes The advised unit stakes are an superb guide on whether to bet early or late on selections. According to your experience using an agency, or evaluation of their previous results, you can determine the typical quantity. For many services the’standard’ level the pro intends to collect on a win bet isaround 5 units. If that is true and the ceremony backs a horse for 1 unit to win, and the horse is chances of 5, that’s about normal as a good bet. If the horse is chances of 10, then we stand to collect 10u when the horse wins, and that is a high assurance bet. This horse will frequently firm in gambling. If the horse is odds of 2 we stand to accumulate 2u, therefore this is reduced confidence, or maybe only a’saver’ wager. This horse will frequently drift in betting. So using the sum to be collected, with 5u (or the average amass ) as the’barometer’, may be a reasonable indication of whether a horse will firm or drift, especially in the extreme ends of the spectrum. This can help you decide whether to back the horse ancient at a predetermined price, or choose a late gambling option like BFSP/BOB/BTSPif not able to monitor. An illustration was a horse called Flash Boy at Bendigo. Advised 0.5w but accessible market price was just $5. Given that’s only a 2.5u win accumulate, locking in an early fixed cost wasn’t the way to go. Those who endorsed it with Bet365 got $9 SP, BTSP paid $10.90, BFSP $13, and final matched Betfair price was $14.50. One question that’s asked is when should a bet not be placed if the value has gone? In general terms, advised bets should be put, however, the best way to describe is with extreme cases. Firstly, let us say weadvise 1u to win a horse at $31 for a 31u collect. In the event you back it if you overlook early prices and it firms to $10? The solution is yes, because the 1u investment still stands to collect 10u and that’s still a major collect and a big profit. The important firming suggests how incorrect the initial market price has been, but just how much you stand to accumulate suggests the horse is still a value bet. If I counsel 0.1u on a horse at $31, and it firms to $10 until you have bet, well then you simply stand to collect 1u in case it wins backing it at $10, well below what you would normally expect to collect on a winner with all the support, which means you could give this horse a miss long term there’s little worth to be had taking unders on these runners. An example is when an agency advises 1u to triumph in a horse at $5, and it firms to $ two until you have put you bet. Again the initial amass was 5u, but now using a 1u investment onto a 2u collect, this no longer would be a worthwhile investment. It’s an art, not a science, and ultimately your decision, however, the above will help lead you towards when to bet early or late (or not at all in rarer instances).
17) One suggestion in a race multiple championships in a race
When there is one bet in a race, then there is more likelihood of that runner firming (especially if the anticipated win wager accumulate is anything over 4u). Whenever there are two bets in a race, it is often the case that one companies and one drifts. However when there are a number of bets at a race (3 or more), it is very rare they will all company. Usually maybe 1 firms as well as the remainder drift, or they will float. The only exception is when we aggressively reunite 3 runners at big odds to conquer a short priced favourite. If the short favourite drifts, the others could firm, but it might go the other way. Again, the aggressiveness of this staking will guide you on whether to bet early or late. However the more horses supported, the further that locking in fixed premature costs without an SP buffer should be avoided unless the collect is well above 5u. When there are multiple runners in a race it is frequently a fantastic chance to monitor or utilize BOB/BFSP/BTSP.
18) Do not worry about always getting the best possible price each time
It isn’t possible, or required. All our solutions are highly profitable, with results easily achieved by following the advice included here. Constant improvement in your gambling practices will imply continuous improvement on your long-term results, and that is the key to long term success with your betting. Take a couple of minutes out daily (or just once every now & then) to examine the flucs & closing costs available of runners we back using lively odds & you’ll shortly open your eyes to the potential opportunities.
19) Change your mindset: Don’t suffer with FOMO (Fear Of Quitting Out)
As a rule of thumb, many punters suffer from FOMO. They take a predetermined price on most occasions. The market has shifted dramatically and marketplace percentages in early markets have continued to shift upwards to frequently 130%-135%, which is quite high. Taking premature fixed costs can be debatable also if there are scratchings, where significant deductions could be implemented, further reducing your final dividend. A mindset shift for many is essential. Realising the Betfair market close to race start time gets down to about 102%, and also waiting and attempting to monitor prices and bet late will result in better overall consequences for those willing to spend the time.
20) Do not be idle, and stop making excuses
Whilst we know many members have jobs, the reality is a large proportion of bets are sent on weekends, or outside normal working hours. For many members, there will be periods where they aren’t functioning, and it’s at those times where members must look to exceed official results by tracking and placing bets late rather than betting using Fixed or Greatest Tote/BOB/BFSP type options. Like most things in life, the more effort you put in, the better your result will be. Also like most things, the more you practice something, the more you become. In this day & age with smart phones, bookmaker programs & Dynamic Odds, etc, comparing prices and placing bets in the best odds has never been more simple & reachable. Invest sensibly, don’t be lazy, put a little effort in, and do not lose out on the larger profits you could easily be achieving.
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