The Betfair Bandit is the only tipster I bet right now, and the only one that has provided consistent results.

Now obviously they have slowed down in the months of September and October however the stacking plan has allowed me reasonably good results.

And here is the other thing, my results are much better than those posted using the BSP. You have to respect a tipster who posts conservative results.

For example, back in July he counted a loss for 11 points (staking plan 19.80) because some members did not trade off a particular horse even though I had no problem trading off.

In October the Betfair Bandit reported a loss even though I was profitable. Again, he counted some losses I had no problem avoiding by just following his advice and the rules.

So far since April 1st, I am up 168 points which is over my average monthly target rate of 20 points.

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Sadly HorseLaysPay is no longer. They had a horrendous October and thankfully I was only paper trading.

I give credit to the owner who refunded everyone’s monthly fee 100%.

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Previously I wrote about Jame Fitzmaurice’s Blog so I will have to go check out his site and find another tipster to start testing in December.

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So far so good.

And you can see that I have done better than the posted results.

September is off to a rocky start but considering I am up over 157 points I will be forgiving.

I am paper trading a tipster known as HorseLaysPay.

They too are off to a rocky start in September and I will post their results at the end of the month.

Plus 144 points since April 1st.

Click the link below to read the full review.

The Betfair Bandit Horse Racing Tips Review

But I do recommend James Fitzmaurice’s blog: http://www.jamesfitzmaurice.com/blog/

James tests both bet and lay systems and reports the results to you as well as arranges free trials.

James gave a thumbs down to Paul Fowlie’s “The Place to Lay” system which is interesting in that I rejected Paul’s attempt at selling me that system.

Excellent site.

Some good news, I am up over 20 points so far this month by just using one service, The Betfair Bandit tipster service.

What can I tell you, consistent results since April 1st. The Betfair Bandit is up well over 130 points so far.

On the surface his racing trend analysis seemed sound and no doubt he thought so.

He cheerfully announced “from 2005 to date there have been 27 races with 11 or more runners contested over the 5 furlong straight and it’s clear that the higher a horse is drawn in a big-field 5 furlong race the more advantaged it is”.

The problem with his analysis is that it assumes that all horses are equal. He made no attempt to correlate the chances of a particular horse winning with their draw position.

For example here is one of his analysis:

5f Wins %
Low 3rd – 6 wins – 22.2%
Mid 3rd – 9 wins – 33.3%
High 3rd – 12 wins – 44.4%
Total 27 races

Would the analysis change if the horses in the top 3rd draws, as a group, on average, had a 70% chance of winning.

One could conclude in such circumstances that there was a distinct disadvantage in a high draw.

In the end his analysis may prove correct without considering the chances of a particular horse winning the race, however his conclusions are based on faulty analysis.

The tipster, The Betfair Bandit

While other tipsters were inconsistent and losing me money, the Betfair Bandit to date has provided me over 78 points betting level stakes and 100 points using the stacking plan.

If I had limited myself just to his tips I would have achieved my 20 points average per month.

And here is the other thing, whenever he posted a loss I always did better.

How?

He gives out target prices and encourage you to get in early rather than wait until the off.

If a pick starts to go bad he will email you to trade-off.

So as of today he reports a 72 point profit I actually have closer to 79 points.

I like that.

So this is my first recommendation.

I will post a more detailed review on the weekend and post it in the review section.

For now check out The Betfair Bandit

p.s notice no affiliate code in the link

May was good to me as I achieved a 10 point profit.

So far in June, a plus 15 points.

I have been testing a new system since April 1st that is actually producing results and I will be posting my official review on July 13th.

I have updated my review of the Betfair Pirates free service and as the months wear on they still suck big time.

Anyone who recommends these guys are simply just believing their hype and doing you a disservice.

Same for the Dodgy Favourites System by Paul Fowlie.

I like Fowlie but I do not recommend his Dodgy Favourites.

Read my review here: Dodgy Favourites System by Paul Fowlie.

My favourite lay tipping service finally had a bad month to the tune of a minus 8.65 points. They have been positive since February 20, 2009 however between May and June their losses have wiped out their profit to date considering the cost of the service.

The good news is I started betting another tipster who I was monitoring for a few months that returned a positive 18 points.

Overall I had a positive month for May, but I did not reach my goal of a plus 20 points for the month.

I have not yet recommended a tipster service. I am close though. I like to monitor a service for at least three months before I recommend them. The one that had a positive return for me last month has been positive for both months I have been monitoring them and is up over 12 points so far this month. Look for a review in early July.

Even though I still do not recommend the Betfair Pirates I do cheer for them. I am always hoping to find a free service that returns a positive return, and I am not talking about their positive posted results. Both April and May were losers for me based on what I would have bet. Betfair Pirates report their results based on the Industry SP which is just plain misleading.

As I have mentioned before, I like Paul Fowlie, author of Dodgy Favouites. The problem is that Dodgy Favourites has been a consistent loser since I began monitoring it back on February 18th. Dodgy was positive in April but not enough to be positive overall. As of today Dodgy is a minus 4.21 overall.

Paul’s new Dodgy Fav’s two has been even a bigger loser, so much so that he has started to back filter the results to try and savage it. He now filters out any races where the starting price is less than 3.5. Problem is that since I started monitoring it back in March he is a minus 53 points overall and a minus 18 points in June since the new rules.

But I am still pulling for Paul to sort it out as I am more than willing to pay for a service that produces consistent results.

They do not care about you or me.

They only care about their destination.

They may take a detour once in awhile but they always end up where they are suppose to go.

To be lucky is just to be on the favourable detour, and believe it or not you do not want to be lucky.

To be lucky means you do not know what you are doing.

The successful gambler is never lucky or unlucky.  They just know the odds.

There are many horse racing systems out there but many, if not all, have the same thing in common.  They are just trend analysis.

They look at the past hoping to see the future.

They use criteria to filter current form cards based on the analysis of the past.

But let’s say that someone actually created a system to calculate the odds of a horse winning a particular race.

This system is like the cagey gambler who always seems to be one step ahead.

This system does not have to be perfect because we can add a fudge factor.

So how would this system work.

First, every race is analysed and odds are attached to each horse.  This analysis is methodical in that all horses are evaluated based on their abilities and past form compared to that of all of the other horses in the race.

Then with this truck load of odds you head down to your favourite bookie or logon to your favourite exchange.

And you watch and wait.

What are you waiting for?

You are waiting until a favourable opportunity presents itself.

If you like to bet a horse to win then you wait until the betting odds are greater than the odds calculated for a particular horse. This is where you may want to add a fudge factor just to be conservative.  The fudge factor prevents you from betting every race.

If you like to lay a horse, then just wait until the betting odds are less than your calculated odds.

If you always bet this way then in the long run you will be profitable.

Let’s say that you figure a horse has a 5/1 chance to win and the current betting odds is 9/1.  You have an opportunity.

Of course the odds are that the horse will lose but if you bet enough of these over time you will come out a head.

The better you are at identifying opportunities the more you will make.

The problem is that this system does not exist, or at least a system that can produce true odds.

The cagey professional gambler does exist and they are not telling you the odds that they know through experience.

What you are left with is a bunch of tipsters who are not making their money betting the horses, they are making their money from you.

Kind of makes you think, well at least it makes me think.

What can I can I say, Max even admits to me in an email how he manipulates his results.

Avoid at all cost.

The good news, I am plus 11 points for April.

Not quite my goal of 20 points but it will do.

The other good news is that I have been monitoring another horse racing system that has achieved over 20 points this month.

Needless to say I will start betting it on May 1st.

More reviews coming soon.