Refining Your Horse Racing Betting Systems
There are so many different categories of form in horse racing, it can be difficult to know where to start when you are trying to create a betting system, let alone to then know which parts of your system are working for you and to know which parts aren't.
The Inform Racing system builder can help with both of these problems and here I want to show you an example.
Firstly I'll be creating a system from a basic idea of mine and then refining it using the result breakdowns that we added to the system builder last year, making it incredibly easy to improve any system idea to give you something positive to go forward with.
Take a look at the video below
This goes through the whole process so you can see how to start a system and then refine it.
I think you will be surprised at how we go from a big loss at the end to a decent profit. In fact it would be very likley that the majority of people would have given up on the idea with the amount of losses but this is where the result breakdowns are invaluable!
In the end we have a system that has made a profit in every year since 2018, including up to the current time this year too.
Using the data going forward.
You now have a system that looks worth following but it's worth giving it another check, by looking at the longest losing run you have had so far and comparing this to the losing run you can expect, given the number of bets and strike rate you have.
If you know what your longest losing run has been so far, then you can use this to work out the stakes required to place on each bet.
I strongly recommend that you use the percentage staking plan when betting, where you place the same percentage of your betting bank on each bet.
If your bank total drops so do your stakes, if your bank increases so do your stakes.
The image below shows the results from another Inform Racing system where you can see the total number of win bets is 312 and the strike rate is 26.6%.
You can also see that the longest losing run or losing streak so far with this system has been 12.
Now we have these three pieces of information we can firstly check that our system is likely to be positive into the future and secondly, we can work out the correct percentage of the bank to use on each bet we have.
Take a look at this short video.
The video below shows our excel sheet that will automatically calculate if your system has a positive 'actual against expected losing run' and how to work out your bets when using the percentage staking plan.
You can get a copy of this excel sheet for just £5
It is essential that your betting system has a positive actual against expected losing run figure, so by running your data through this excel sheet you will know whether you should be proceeding or not with your betting systems, even if they are showing a profit.
You will need a copy of Excel to use this calculation sheet.
Hopefully you can now see that the Inform Racing system builder not only helps you create your betting systems, but also enables you to refine and improve them very easily by using the result breakdowns.
To be able to see exactly what parts of your system need changing and what parts don't will be the difference between making a profit or making a loss.
All subscribers to Inform Racing have unlimited access to the system builder plus all other features.
If you're not a subscriber, then you can join today for as little as £3.85 a week.