Archive for 2009

Big Mike’s Blog Bet Result (Sunday)

Sunday, October 4th, 2009

£12 place only at Betfair SP – Sea The Stars 315 Longchamp 1st +-£2.75 Profit Running Total Now +£35.61

33/40

Strike Rate 82.5%

N.B. Profits are recorded at Betfair SP upto and including 13th July 2009 and then at advised stakes thereafter and are less commission.

Mike Marsland FCA is the internets leading authority on strategic betting techniques. Visit his blog and signup free to get blog updates by email, along with profit-boosting tips, tried and tested betting strategies along with free advice, live blog bets, additional resources and a lot more! Go now to www.bigmikebetting.com/blog

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Big Mike’s Sunday Thoughts and Live Blog Bet

Sunday, October 4th, 2009

Big day for Sea The Stars & I hope the horse continues to emphasise the quality of his under rated Trainer who is deserving of all the riches coming his way. He also has some live interests elsewhere today as well.

Another bus squeezed into the Terminus last night as Mayberry landed our second double of the month at Fontwell. Wigan nearly beat Saints but still landed our Handicap bet so for a Saturday I was extremely content.

Just one Live Blog Bet from me today a £12 Hughie (A bet on the horse to finish placed i.e. 1st, 2nd or 3rd and is played via Betfair’s place markets)

£12 place only at Betfair SP – Sea The Stars 315 Longchamp (Nothing more to say about this horse!)

As always to access my full daily column of bets and trades please visit my main site at www.bigmikebetting.co.uk or to sign up as a free member enabling you to receive the occasional complimentary daily column from me, you can contact my Gal Friday – Luan at luan7677@hotmail.com and she will set this up for you.

Mike

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A New Approach To Place Market Betting: Big Mike Hughies

Monday, September 28th, 2009

Editor’s Note: This is the third installment in a series of five fantastic articles written by guest blogger Mike Bishop of The Secret Betting Club. To enable you to enjoy more similar posts written by Mike Bishop a link to the Secret Betting Club is provided at the end of this article

ENJOY! - Mike Marsland

Service Name: Big Mike Betting Hughies
Website: http://www.bigmikebetting.com/

Summary of article

  • An appraisal of the new approach to following Big Mike’s Turbo Hughie method.

Product Overview

Before we get onto the details on how to automate this service for using with Gruss it
is well worth an update on the new approach to place betting from Big Mike.

His place bets are termed ‘Hughies’ as Big Mike likes to give a colourful title to each
bet, which have long been described as the basis of which his members can make a
good profit following his daily advice.

There has been an ongoing saga with the Hughies over the past few months though as
we have strived to find the fairest method to proof them, so that every member can
obtain the returns on offer.

Previously the Hughies were calculated with the place odds being based on the place
segment of a standard Each Way bet (i.e. 1/4 or 1/5 the win odds).

Using his own timing of market move on the Betfair place market, Mike has been able
to obtain these odds, but they weren’t so easy for his members to obtain. This is why
we began tracking results to Betfair SP, before it became obvious that the Betfair SP
prices were vastly inferior to pre-race market prices. Generally if you bet on a
selection 5-10 minutes before the race started, you would invariably beat Betfair SP.

Something has needed to be done and thankfully Big Mike is up for the challenge as he
is very keen to begin proving the effectiveness of his Hughies.

Introducing Turbo Hughies

Members of Big Mike’s service will be also aware of the new Turbo Hughie method as it
has been much discussed over recent weeks. It is now Big Mike’s advised method on
how to follow his Hughie place market bets.

With the Turbo Hughie, you now place your usual Hughie bet on a horse to place at a
set price range as supplied by Big Mike, however you double the stake. You then put a
lay request for the same horse not to place at the same stake plus £1 at 1/3rd of the
odds.

Sounds confusing? Don’t worry its fairly simple in reality once explained clearly.

For example, Mike advises a £8 bet on Red Rum to place at 1.5

You then double your stake so
You place a £16 bet on Red Rum to place at 1.50
You would then place a £17 lay on Red Rum not to place at 1.17

Stake +£1 and 1/3 the odds.

Of course it is unlikely that pre-race your lay at 1.17 will be matched, which is why this
bet uses betfair’s persistence feature. This means that you state if the 1.17 price is not
matched pre-race, it is to stay in the in-play market to see if it is matched there.

Very often it appears that a place lay will trade at 1/3 the odds during a race, EVEN if
it doesn’t go onto place.

With the above bet on Red Rum, if the horse placed we would win £16 X 1.5 = £8
profit. We would lose £17 X 1.17 on the lay side = -£2.89 loss. Overall we then have a
£5.11 profit (before commission).

If however Red Rum didn’t place, we would lose the £16 we bet on him to do so. We
would win the £17 lay on him not to place. Overall we then have a £1 profit (before
commission).

In summary
Red Rum Placed +£5.11
Red Rum Unplaced +£1

Of course this all depends upon Red Rum being matched as low as 1.17 in-play, but it
does seemingly happen quite regularly. It will of course be matched at 1.17 every time
Red Rum goes on to place. The question mark is will it be matched if it goes onto not
place?

This is a new strategy from any service we have followed in the past, so monitoring it
will make for some very interesting analysis. With the Turbo Hughie method we are
risking more on our staking (doubling the stakes) but trading back our bet in-play. This
should make for a lower ROI but conceivably a higher profit.

Our Live Monitoring

Proofing is all important when it comes to tipsters, as is the knowledge that as many
people as possible are able to match the performance of any service. We like to test
every method before giving a recommendation to it, and Big Mike is rising to this
challenge this month.

From the 1st September, Big Mike will be placing each Turbo Hughie via a transparent
Betfair account, that both ourselves at SBC and Big Mike himself will have full access
to. We will then be able to observe ongoing performance of the Turbo Hughies as well
as the prices actually matched.

It doesn’t end there as Big Mike emailed us with the following offer to showcase his
confidence in this method:

As you will see I am passionately prepared to nail my colours to the Turbo Hughie
Mast, so much so that I am prepared to offer SBC members the following Better Than
No Risk Exclusive Deal
regarding the Turbo Hughies performance:

‘Join Big Mike Betting on the 1st Sept for two months via my new Hughie Only Service.

First month (Half Price) £24.50 followed by the normal rate of £49, (so a total
investment of £ 73.50) and I will warrant that provided the subscriber follows the
Turbo Hughies to my advised stakes the PROFIT after Betfair commission of 5% will at
the very least cover the cost of the two months subscription from the Turbo Hughie
profits (£73.50p) or if I fail to achieve this target I will personally refund to the new
member the £73.50p subscription stake) PLUS and EXTRA 10%+ profit (in effect an £81
refund should the Turbos not achieve the £73.50 profit in this 2 month trial period
which will end on October 31st 2009.)

We will keep the score/record via the new Turbo Hughie Betfair account which the
Secret Betting Club will have access to, so there will be indisputable evidence of either
our success or failure.’

SBC members can take advantage of this offer by signing up for a normal membership
(via the Join Today link) and selecting the Hughie monthly subscription for £49.99.
Then at the bottom of that page enter the code’ 3FB936419D’, where it says ‘Enter
Coupon Code’ and this will change your subscription price to £24.50.

Conclusions

This is a great offer from Big Mike, which we are gladly taking him up on as we are very
keen to observe the performance of the Turbo Hughies.

The one note we must make is that to date we have no long-term historical
performance on the Turbo Hughies and therefore no knowledge of the likely profit and
loss figures.

As members will be aware, we only like to fully recommend something once we have a
full dossier of proofed figures to hand, so if following this Turbo Hughie method there
is an element of the unknown to factor in.

What we do know is that Big Mike has been running his tipster service for many years
and has always struck us a very genuine individual who puts his member’s interests
(and profits) to the fore.

He clearly is a talented man when it comes to analyzing betting methods and strategies
for profit, and his Hughies did make a fair profit to the methods prior to Betfair SP.

We will leave it to each of you to decide on your own course of action in terms of
whether you wish to follow the Turbo Hughies via this offer. We would however not
advocate that if new to the service, you follow it with large stakes of money. It is
probably best if you are new to Big Mike, to test the water with lesser stakes, until we
build up a full historical performance listing.

In the next installment of this series we are going to look at how to; Automate Your Big Mike Turbo Hughies Using Gruss With Full Instructions.

As promised if you would like to discover who are the good the bad and the ugly of the tipster world here is the link to the Secret Betting Clubs website: Secret Betting Club.

Mike Marsland FCA is the internets leading authority on strategic betting techniques. Visit his blog and signup free to get blog updates by email, along with profit-boosting tips, tried and tested betting strategies along with free advice, live blog bets, additional resources and a lot more! Go now to www.bigmikebetting.com/blog

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Big Mike’s Monday Thoughts

Monday, September 21st, 2009

It seems there are a few Man Utd fans in membership after some crowing from them after the goal in the 120th minute saved the Reds. I will certainly be getting my own back over the season and I will be talking to Omega about a new Fergie watch which amazingly loses 3 minutes every hour (only when Man U need a goal mind). Good goals by Bellamy weren`t they?

Racing gave us a double whammy. Firstly all those using my recommended Bookmaker b365 & others were paid out when Tayarat was first past the post in the 530 Plumpton. The horse was ludicrously thrown out having won by nigh on 2 lengths. Sure the horse jumped left at the last at it had done ALL the way around so why an experienced jockey like Richard Johnson tried it on up the inside still baffles me. Anyway we were paid out AND those of us in the Chatroom also LAID our winner at up to 1.25 for the very cheap Insurance. Very satisfying result and a lesson to many why its so important to be on the ball and also to take all necessary defensive measures to avoid pecuniary loss.

Wasnt it good to have NH back and 100% on all those Turbos under NH rules and hopefully bodes well for the season to come.

Its back to the Flat today and I am using a formula I have been involved with for 44 years. Before I qualified as a CA I was the Tea Boy at my firm and also Bookies Runner. The more experienced in our Office in Manchester had a huge Professional Gambler as a Major Client. He had several touches which I wont dwell on now but he also had a little system which I am using today as in effect the understanding behind the bet is still the same as it was back in 1965.

The following must apply :-

Race must be a Handicap between 8 & 13 runners.

Horse must have listed a Penalty earned within the last 21 days.

Trainer has placed the horse in a Non Penalty giving race if at all possible.

The Punter always backed each way (probably where I got it from) and he too always regarded the each way element as two separate bets (win and place) and as he lived until he was 98 maybe his successful punting life centred around the anti stress factor which I always try & achieve.

So whats the point of all this stuff this morning? Look at the Dunlop today.

Castleford landed our bet last night and as Wigan won our Outright Bet is still a Runner though Hunslet – even after scoring 30 points – failed to produce in their match.

There is an excellent article on Page 93 by Kevin Pullein in the Racing Post today. Please buy a copy today and photocopy as his words of wisdom basically cover my thoughts entirely. Normally I find his writing to be a

little complex but he gets the point over well today and maybe he has looked at my website as he certainly uses some similar language.

No ‘Live Blog Bet’s’ from me today.

Mike

Mike Marsland FCA is the internets leading authority on strategic betting techniques. Visit his blog and signup free to get blog updates by email, along with profit-boosting tips, tried and tested betting strategies along with free advice, live blog bets, additional resources and a lot more! Go now to www.bigmikebetting.com/blog

Like this blog post? Buy me a coffee or send me a tip!

Betting Instructions: Using Gruss To Take Pre-Race Betfair Prices

Monday, September 21st, 2009

Editor’s Note: This is the second installment in a series of five fantastic articles written by guest blogger Mike Bishop of The Secret Betting Club. To enable you to enjoy more similar posts written by Mike Bishop a link to the Secret Betting Club is provided at the end of this article

ENJOY! - Mike Marsland

Service Name: Gruss Betting Assistant
Website: http://www.gruss1-software.co.uk/

My review of Gruss in the first article in this series: Betting On Autopilot: Gruss Betting Assistant, leads me nicely onto a look at the different ways it will allow you to place your bets at Betfair.

Currently a large majority of bets are placed at Betfair SP, although more and more
evidence is suggesting that the Betfair SP prices are inferior to what is on offer prior to
the race. This is being backed up by a number of sources, not least the Big Mike Betting
service (which we talk about later on in this issue), Double The Odds and the Dazzler
service from Tip Exchange.

Betfair SP may be handy and is a good barometer to judge a service, but is it always
the most effective method for maximum profits?

Here is what just a few services that are affected by this have had to say on the
matter:

Double The Odds

As a general rule, the really big priced selections (over 30.0) are best left until just
before the off. The others are generally best taken early. A good example of this was
the bet, Herbert Crescent, which was available in the morning at 15.0 or more yet
opened with the bookmakers at 10 and hit 11-2 before easing back to 7/1 SP.

This is obviously a general rule and there is nothing as frustrating as waiting until the
off and finding a really big price has plunged into 10/1 – thankfully it doesn’t happen
often.

With regard to the way we personally bet the selections we take each selection on its
merits and decide what to do based on that. In its most simple form if a top jockey
such as Dettori or AP is on, we like to get in as early as possible because of the
following they have – same with some of the top trainers or with yards that are known
to put horses out to be punted. It’s usually not that clear cut however and the advice
below is probably as near a generalisation as we could get.

Big Mike Betting (From an email on the 14th July)

Hughies – Major change today. Basically we are being completely shafted by using
Betfair SP in a way like Ladbrokes are using the SP Bookmakers to drive down the price
just before the race.

In effect – and there has been a good discussion in `the Learning Zone` on the Forum
where there are some interesting theories. My belief is that a few minutes before the
off a price is taken on the shorties, and then laid off at betfair SP. Invariably the
price taken is matched in full but 4/5 ticks below the price taken!

Now is this the work of genuine layers or indeed somebody close to Betfair? Whoever it
is will be making a guaranteed stack every race where there are shortuns. It’s a nice
little business if you can get it, as the race hasnt started before they are matched.
Try it yourself just for a few quid. Bet £33 on a horse say at 1.31 just before the
race. Lay at Betfair SP £10 and see the results. Just for comparison mind and proof for
yourself that this stunt is indeed going on.

Big Mike then sent a follow-up the next day (15th)…

Again some remarkable figures seen in the Betfair price 5 minutes before the off (on
short uns) v Betfair SP. The most remarkable came in the first race where the fav was
1.12 pre race (to big money) and the Betfair SP was…………1.06. Laughable.

So clearly with a number of services that we back at Betfair SP we need to adopt a
different procedure, and the best way to do this is with a bot. Gruss will do all of this
for you and at only £6 a month will no doubt be excellent value for money in terms of
the better prices you will achieve (hopefully) through this approach.

We are going to look at how to automate the placing of bets using Gruss for the
Dazzler, Double the Odds & Big Mike Betting’s Hughies. The latter service is perhaps
the most complex to follow and we have put together a standalone article in reference
to this later on.

Firstly let’s look at Dazzler and automating his bets.

Dazzler Strategy

There has been some discussion on the forum quite rightly about the different prices
being quoted on Dazzlers place bets and those of Betfair SP. Once again, it appears we
are seeing the pre-race prices on offer appearing substantially better than Betfair SP.
This appears to be exacerbated in the place market particularly with the lack of
liquidity sometimes having an impact.

Tip Exchange was in existence prior to the emergence of Betfair SP and thus has long
had its own methods to calculate likely Betfair prices. They currently use the following
method as detailed by Ian from Tip Exchange…

“We have been given access to Betfair’s Market Data scripts which we query every five
minutes to get the latest prices for upcoming races. The times we query data are at
the following minutes past each hour 4,9,14,19,24,29,34,39,44,49,54,59.

This system was introduced before Betfair SP existed with the aim to record a price
that was genuinely available to all users within the last ten minutes before the race.

To try and match the price that we record I suggest that you place your bets about 10
minutes before the scheduled start of the race. It is not a bad idea to place half at say
4 minutes past, and the other half at 9 minutes past for a race that starts at 10 past
the hour. In theory you should get the same average that we do.”

Therefore, it would appear we need to instruct our bot to take place odds at different
times before a race. To match the Dazzler odds exactly, half the stake should be taken
6 minutes before the off, and the other half at 1 minute before the off.

Double The Odds Strategy

Double The Odds suggest a mixed strategy which does depend upon the pricing of each
selection. Relatively shorter priced selections (under 30.0) are recommended to be
placed early on in the day, so this maybe a simple case of placing a price request at
certain odds, and monitoring to see if matched.

DTO also recommend a case by case analysis of each bet depending upon the
yard/trainer/jockey and any other factors that could have a bearing on a price
shortening or drifting. You may therefore want to juggle your strategy as to when to
take a price depending on each horse.

We will at times though still need to request odds at different times of the day,
therefore we need to instruct Gruss to input our bet at a set time prior to the race for
DTO.

Conditional Function

The best way to request a bet be matched at a certain timing with Gruss, is by using
the conditional function which allows you to specify a timing trigger.

This can be setup by simply clicking the Red C next to any horses name once you have
loaded up a betting market (see image below).

screenshot two

By clicking this you are presented with a number of options to help trigger your bet.

For example you can back Marine Spirit if his price is back price is greater than a set
limit (in the image below we have specified if greater than or equal to 2.0)

screenshot two

Most specifically our interest here is in the trigger time of a bet where we can request
that a bet be placed at a set time. This can be activated by setting the ‘Trigger After’
time to a set period before the race.

screenshot two

In the above example we are instructing Gruss to trigger a bet on this particular horse
after 15:22 and 11 seconds. You can adjust this figure to represent the time you wish
for the bet to be triggered.

You can then apply this function to any number of bets and choose your staking, tick
offset, prices to be matched at and a number of other features.

This is a very easy and simple way to begin placing bets using the Gruss bot. Do bear in
mind you will need to keep your computer on, and Gruss operating and connected to
the Internet, as long as you have active bets requested.

In the next instalment we are going to look at using Gruss to place Big Mike Betting’s new Turbo Hughie
method.

As promised if you would like to discover who are the good the bad and the ugly of the tipster world here is the link to the Secret Betting Clubs website: Secret Betting Club.

Mike Marsland FCA is the internets leading authority on strategic betting techniques. Visit his blog and signup free to get blog updates by email, along with profit-boosting tips, tried and tested betting strategies along with free advice, live blog bets, additional resources and a lot more! Go now to www.bigmikebetting.com/blog

Like this blog post? Buy me a coffee or send me a tip!