Six of the best! By GreatGamblingSystems.com © 2011
Lesson 1
Albert Einstein – the lesson that can transform your betting activities into vast fortunes.
Lesson 2
Leonardo Fibonacci – How an 800 year old number sequence may hold the key to successful staking.
Lesson 3
Build a portfolio of betting services
Lesson 4
The truth about Casino Systems
Lesson 5
Betting on horses to lose – profit like a bookie
Lesson 6
The preferred way of backing more than one horse in a race
Dear reader, Congratulations in taking the decision to download and read “Six of the best” – I’m sure that you’ll find it most rewarding. Our decision to release more free betting content came after I recently paid and downloaded a betting strategy from a website that I stumbled across. It was for a Horse Racing Strategy (of which we specialise in) and the website claimed to be selling a formidable rating system that virtually guaranteed winners! I purchased the strategy and eagerly awaited the download before printing it out. Was it all that it claimed? No! In fact I was knocked sideways with how poor it was and that people were parting with their hard earned cash on something that I would never even dream of using. So here I am, racing to my PC to give you some good stuff with no waffle. Here we go: Lesson 1 Firstly, there are two great men who, as betting professionals, we can learn a simple but very valuable lesson from. They are:
Albert Einstein
&
Leonardo Fibonacci
© GreatGamblingSystems.com
Albert Einstein is famous for many things, most notably his theories on relativity but another of his quotes, when applied to betting, can bring you wealth and prosperity without too much risk at all. Here’s the quote: “The most powerful force in the universe is compound interest”
What does this mean and how do we apply it to betting? Compound interest itself is fascinating and simply refers to how money, when compounded can grow incredibly quickly. In short, when you keep reinvesting your winnings instead of spending it!
Let us start our example by placing an imaginary $500 to one side with the sole purpose of trying to turn it into a fortune through betting. To start with, our task is to win $50 using our $500 and we can take a whole week to do it. So, we can use a strategy where we aim to make $10 a day, every day for five days in the first week or we can be more selective and aim to win $50 with 1-3 bets in week 1. We’ll discuss lots of betting strategies but just for this example, lets keep it simple by taking a reputable daily horse racing or sports publication and look for any race where the entire panel of tipsters agree that a particular horse will win the race – when they all agree, it will be a strong favourite selection. Lets say that on day 1, there were no races where all tipsters agreed that one horse will win so you decide not to bet on that day. On day 2, you notice a race where all tipsters agree on the favourite horse which is priced at 6/4 UK or USA 2.00 To win $50 at this price we need to stake a little over $33 which we place as a bet to win. Let us say that our first selection of the week losses. Our betting bank now stands at $467 and on day 3 of the first week we see that once again, all tipsters in the panel agree on another selection in a slightly bigger field, priced at 2/1 UK or USA 2.00 To win $50 in week one, we now have to recoup yesterday’s loss of $33 and win a further $50. At 2/1 or 2.00 the stake would hence be $41.50 and the selected horse wins. This ends your week as you have a profit of $50 and your betting bank now stands at $550.
Easy enough? Are you disciplined enough to stop betting once this target is achieved each week? Are you disciplined enough to put that $50 into your $500 pot to make it $550? If you can do this then you are on your way. The aim is to increase your bank by 10% each week by compounding, not spending your winnings. Look at what happens to $500 when it increases by 10% each week.
A
B
Graph A, we can see that by investing the same money and increasing our bank by 10% each week, we end the month over 45% up at $732.05. Graph B sees us at week 18 with our bank now increased to $3,057.95 C
D
Graph C sees us skip forward to week 52 which sees our bank now standing at a staggering 71,021.30 but the real action occurs after just one year of trading – look what happens when you compound your profits between week 52 and week 63 – our bank now increases to a colossal 222,895.22 with a 10% increase no longer providing us with $50 but over $20,000 a week in profits – not bad for a simple idea and the power of compounding money! Of course banks and stockbrokers have been doing this with your money for years but it shows how the average Joe could take a small amount of money and turn it into something big in just one year with a solid betting strategy and the courage to see it through. Now, here’s what impresses me about this type of plan. Throughout it’s growth you are betting with the bookmakers money with only your original $500 at stake at any time with the luxury of being able to change the rules if you like. An example of a rule change might be to put a percentage of your winnings into a secure savings account each month. Or, if the stakes are becoming uncomfortable, to cut the 10% each week down to 5% after you turn $500 into $5000, therefore you double the “comfort zone” of your betting bank.
Maybe you want even more safety? No problem, limit your bets to even stronger selections. You might do this by looking at your daily sports journal and only placing a bet when all the tipsters agree AND your horse won its last race. Just take the same approach, wait for very strong selections and aim to recoup any losses with each bet. Think of your betting as a series of bets and never that you have just lost a bet. By limiting your bets to only the very strongest selections, you wont get as many bets and maybe your bank wont move every week but the important thing is to MAKE A START with small stakes where you can bet without emotion and watch it grow. If that means starting with $1 stakes then so be it.
One man who completely understands the power of compound interest and betting in “series” is John Morrison Phd
John has combined his love of sports with his acquired knowledge of maths to beat the Sports-books hands down with betting systems that win 97% of the time. He’s made over $500,000 in the last 5 years with two simple betting systems that he’s willing to share with you today: Click Here to see the 2 betting systems used by John to rake in over $500,000 in less than 5 years Lesson 2 Remember the other guy from earlier, Leonardo Fibonacci? Fibonacci was born in the 12th century and was the Einstein of his time. He worked wonders with numbers, developed sequences for solving problems and a like Leonardo Da vinci, was ahead of his time. So, what can we learn from him? Well, if you are a seasoned gambler you’ll have heard of the “martingale” system for betting. This is where you simply double up on your stakes after each losing bet until a win is found. In Roulette for example, you’d bet $1 on black, if the bet lost, you’d bet $2 on black, if the bet lost you’d bet $4 and so on safe in the knowledge that this system is 100% guaranteed to make you a profit as it’s impossible for a Roulette table to keep landing on Red on every spin forever – right?
Trouble is just 11 spins on one colour leaves you having to place $1,024 down, just to win $1 and recoup your losses – and that’s just starting off with a $1 stake! Believe me, long runs on red or black can and do occur more frequently than you might think!
So, let’s leave casino gambling for a minute and focus on Sports. Here is one of Fibonacci’s acclaimed number sequences: 1-1-2-3-5-8-13 Looking at the sequence, you’ll see that instead of doubling up, the sum of the next number in the sequence is the sum of the previous two. This magical set of numbers took several hundred years before getting serious recognition but as professional gamblers, we use this sequence as our “martingale”, Not for casino use, but for Horse Racing and Sports Gambling, where we can take control of our own destiny and only use the very strongest of selections where, statistically we have around a 60 – 97% chance of a winning bet. So, with our betting strategy to hand, we gain our selection and place 1 point down. If our selection losses we wait until our systems next selection and again, place 1 point down – if it loses we wait until the next bet and place 2 points down. A point might be $1 or $10 or whatever you feel comfortable with. The idea is that the sequence is far less scary than doubling up and with a sound selection system in place with a reasonably good strike rate, you’ll recover losses and keep in profit. Again, you don’t have to bet a full sequence in one day! This is where many people slip up. They simply start the day by writing out the first seven races of the day and then start the betting sequence by betting on every favourite of the day until a winner is found – or worse, continue betting after a winner is found regardless! Remember, having patience will reap massive rewards. I know of one elderly gentleman who uses a simple but very effective betting system for his sequence of bets as follows.
§ § §
Check the races for the day and look to see which trainer is travelling the furthest distance. Check to see if the trainer is only taking one animal to race. Check to see if the horse is the favourite to win.
And that’s it! Incredibly strong horse racing selections that are highly likely to turn a profit over time when coupled with the Fibonacci increasing staking plan until a winner is found. When a winner is found, revert back to 1. By following methods like the above, you may have to wait days or even a couple of weeks between selections but it only takes a couple of minutes each day to check to see if you have a wager so why not MAKE A START with small stakes and watch it grow. If you’d like to download a professional horse racing system which provides the races to use, the stakes, when to start betting and when to stop, use our: AI Horse Racing System
Lesson 3 Build a portfolio of betting systems and services It’s never wise to place all of your “eggs in one basket”. As with many investment strategies, aim to build up a number of betting activities. I have already discussed a few simple systems which will present a few very strong selections from time to time – the more “super selective” systems that you have going, the more bets you’ll place and the more likely it is that you’ll make more money faster – or at least be in a position to drop certain systems if you feel that they are not performing as well as you’d like. For horse racing, their are actually 3 main criteria that make for a very strong selection and one from my own horse racing portfolio is as follows: Your selection must: § § § § § § §
Have won it’s last two races and has the same jockey this race Is a course or distance winner (or preferably both) in the current season Do not bet in poor weather conditions. In the UK this would mean when the going is “Soft to heavy” or “Heavy” If the race is a handicap race, the maximum number of runners is 12 If the race is a non-handicap, the maximum number of runners is 16 No other horse in the race won its last race Be the first or second favourite to win the race
And that’s it. Combine this system with the Fibonacci staking plan and a rolling 10% increasing bank and see how you go over time. For USA Sports and another from my portfolio is to use John Morrison’s Sports Buffet Service. John looks at several hundred of the world’s best tipsters and then uses his professional judgement to come up with the top selections of each week. All that you do is place money on the selections that he gives – Like this:
It’s difficult to consider trying to better this service on your own – to take into account every sports statistic and seasoned professional judgement on over 500 pick agents would be a big ask. However, help is at hand – John is currently offering weekly trial memberships again from here: Johns Weekly Trial Membership
Add this to your growing portfolio, always bet at levels that you can comfortably afford to lose, (hence allowing you to bet without emotion) increase your bank by compounding profits, apply the Fibonacci staking plan where possible and decide the level of activity to suit your personality.
So, if you are ultra cautious by nature, you’ll structure yourself to only bet on the strongest selections and hence take more time to build your fortune. If you prefer to take more risk with a potential huge upside, consider applying more betting systems alongside John’s professional service. Lesson 4
The truth about Casino Systems
Whilst surfing the internet for casino betting systems you’ll have come across many websites promising to teach you how to win thousands playing the Casino games – I’ve seen them myself, I’ve bought plenty, I’ve been given dozens to test and I’ve always come to the same conclusions which I’ll explain. This is just my opinion but I’ve seen three strong ways to make money from a casino and they are: § § §
Learn to play poker well and play against weaker opponents Learn to play Blackjack well including basic strategy and card counting Play free online casino bonuses through enough rounds of blackjack in order to withdraw your money plus any free bonuses as cash.
The third option has virtually been removed as the online casinos now make taking their bonus money a very long, drawn out process.
Learning to play poker against weaker players is something that I can recommend – in fact I have written a completely free course that you can download called “5DayPoker” – I aim to take complete beginners and turn them into powerful cash winning players in just 5 days. Click Here to Download 5 Day Poker for free Whilst you’ve been surfing the net, have you ever seen casino system websites say things like “Win” 90% of your bets with this Roulette System” or “Win 97% Craps Bets”? Now, you have to remember that the casino holds the house advantage so it might be completely true that by using a system, you’ll win 9 bets out of 10. What the website wont mention is that every time you lose a bet, you’ll more than likely lose what you won from the 9 winning bets plus your stake on the 10th. Remember this guy? He once famously said:
"The only way to beat Roulette is to steal the money when the dealer's not looking."
Websites will tell you all sorts of things – just keep this in mind before parting with any money and if you truly want to become wealthy through betting, turn your attention to Sports, Horse Racing and Poker. That said, I know that I’ll never convince some of you to steer clear of the casino’s so, if you are going to play, here’s a Roulette system that can often make you a profit in the short term – the trick is to set the amount that you want to win at a realistic level and walk away once this is met. Roulette System – it’s good but use with caution! This strategy is based around the concept that two events of roughly equal probability will have an equal chance of occurring over the long term. RED / BLACK or ODDS & EVENS
The aim of the system is to win ten clear units. A unit is the level amount that you wish to place per bet. You will also need to decide on your bankroll. This is the amount of money you wish to gamble. For instance, if you wished to gamble $100 you might stake $2 per unit. The aim in this case would be to win $20 and then leave the Casino.
The Method •
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Begin by writing ten 1s in a row. (1 1 1 1 1 1 1 1 1 1) Each number will represent a betting unit. When all numbers have been crossed off the paper, you will have won 10 units. For each bet place the sum of the number on the left and the number on the right, unless there is only one number left in which case you bet that number. If you win cross off both numbers. If you lose place the sum at the end on the right. If the bankroll you decided to risk at the beginning is not enough to bet the sum of the left and right numbers then: A) If your bankroll can cover the number on the left then bet this. If you win then cross off the left number. If you lose then add to the left number what you lost. B) If your bankroll can’t cover the number on the left then bet whatever is left of your bankroll. If you lose then your bankroll is consumed and you must leave the table. Keep repeating these steps until you either cross off all numbers or exhaust your bankroll.
An example • • • • •
You start with 1111111111. You then wager two units and win, cross off the 1 on the left and right leaving 11111111. You then wager another two units and lose, adding a 2 to the right, leaving 11111112. You then wager three units (1+2) and lose again, adding a 3 to the right leaving 1111111123. You then wager four units (1+3) and win, crossing off the 1 on the left and the 3 on the right, leaving 11111112.
The theory is that by crossing off two numbers for a win and adding only one number when you lose, you will eventually cross off all the numbers and be ten units up. Winning runs can make this happen quickly and hence be ready to leave the table as soon as this objective is met. On the other hand, a bad session can leave your numbers accumulating quite quickly making your bankroll run out fast. An Example of a Bankroll Running Out • •
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The numbers are 10 11 12 13 14 15. Your bankroll only has 20 units left. You don’t have 25 units to bet (as per the system requirements 10 + 15) so you only bet the left number of 10 and win, leaving 11 12 13 14 15. Your bankroll now has 30 units, enough to cover 26 (11+15) which you lose leaving 11 12 13 14 15 26. Your bankroll now has 4, not enough to cover all of the numbers so you bet all 4 and win, you then deduct 4 from the 11 leaving 7 12 13 13 15 26. Your bankroll now has 8, so you bet the number of the left, 7, and lose then add what you lost to the left number, leaving: 14 12 13 14 15 26. Your bankroll now has only 1, you bet that and lose leaving: 15 12 13 14 15 26. At this point your bankroll has been depleted and you must leave the table.
Chances of Winning in Roulette using this System These statistics show that the higher your bankroll, the higher your chance of a winning session but with a small chance of losing your entire bankroll. With a smaller bankroll, your chances of losing are higher but the amount of which you lose is lower. So, it’s important to bet only with an amount that you feel comfortable with knowing that the following statistics are on or against your side.
Random Results over Ten Million-Roulette spins. Bankroll
Probability of Losing
5 10 20 50 100 200 300 500
72.9% 58.2% 42.2% 21.5% 15.3% 9.2% 6.8% 4.6%
So, statistically if you chose to wager $100 and stake $2 per unit for a bankroll of 50. You have a 78.5% chance of winning your ten units or $20 and a 21.5% chance of losing your bankroll. In Casino terms, these kinds of odds are good. It’s important to remember though that in the long term, the Casino holds the advantage. Amongst many claims of “Amazing Winning Systems” we have yet to discover a strategy for consistently beating the Casino. If you are going to play though, any good system is better than leaving it entirely to lady luck! Lesson 5 Betting on horses to lose is a popular favourite among professional gamblers and another method to explore.
Betting exchanges like Betfair (UK) EhorseX (USA) enable “P2P” (person to person) wagering with no bookmaker involved allowing for users to “offer” bets to other visitors looking to “accept” your offerings. In effect, you are taking the place of the bookmaker by offering a price on a horse that you think will lose – so the trick is, which horses do we select that will lose consistently enough for us to be able to make a profit. You might be tempted to turn to the 20-1 or 30-1 long shots for your bets but this would be a wrong move – long shots do win sometimes and don’t forget, you make nothing if nobody accepts your wager. So, the recognised approach is to offer wagers on favourites that statistically are likely to lose (whilst the betting public think they will win) – only 30% of favourites win so finding a system that picks out the losing favourites is the key to success. So, here we go – use this system to locate odds-on hot “favourites” that are more likely to lose than their odds suggest – then lay them to lose at betting exchange websites.
1. 2. 3. 4. 5. 6. 7.
Look for non-handicap races of 8 runners or less Note any races left for an odds on favourite Note any odds-on horses that did not place 1st or 2nd in their last race Note any horses left that do not have a top jockey on board today Note any horse left that does not have a top trainer Note any horse that is not a previous course winner Note any horse that is not a previous distance winner
Basically, your task is to look for horses with as many of the above as possible – the more you have, the more likely that it is that the selected “hot favourite” will lose, hence making you a profit. If you are like me, you’ll just add this to your portfolio and only place a lay bet on the strongest selections as and when they pop up. Use a separate bank and watch it grow over time. It’s totally up to you though, feel free to experiment with horses that qualify with 4 or 5 of the above 7 points and see how you go! To fast track your learning further, see my Reverse Horse Profit Plan Lesson 6
Backing more than one horse in a race is another favourite pastime of the professional gambler
Here is one of my favourite methods:
Back the top two horses in the betting when certain criteria are met. Take a look at this example. You’ll see that a wide margin separate the top two horses from the rest of the field. The aim is to back the top two horses where it looks highly likely that one will win using “cover to win” stakes.
The odds at Betfair are in European decimal – if our aim is to win £100 regardless of which horse wins we’d stake as follows: Corso Palladio £28.75 Court Red Handed £31.75 £28.75 x 3.5 = £100 back
£31.75 x 3.15 = £100 back
Total staked = £60.50 (28.75 + 31.75) Total return
= £39.50 regardless of which horse out of the top two win.
In this example Corso Palladio won the race by 13 lengths. You can see from the example that you need a better strike rate than 50% to make profits but professionals aim for a 90%+ strike rate on these types of races, leading to massive profits. Experience helps here because the way in which to identify the races to use is more than just locating races where the top two horses dominate the betting. To be successful you have to not only find these races each day but you must also aim to eliminate races where danger horses exist. In other words, you only bet when you are 100% certain that one of the top two selected animals will win the race for you. If you are not 100% sure, you have every reason not to bet! This way, you are not kicking yourself when you lose, you did everything right and chances are you will be making enough money on the winners to take any shock loses easily in your stride. How is this done? Well this is probably the hardest part to teach because it’s difficult to lay down a set of rules but there are 20+ criteria that you can use. 1. You start by further eliminating any races that have large fields. Large fields provide for a greater chance of a shock result so I tend to stick to fields of between 8 and 16 runners max. 2. Avoid any betting in diverse weather conditions – again, another time where an increase in shock results can be witnessed. 3. Your bets will be stronger if all horses have current season form to base your opinion on – you increase your chance of losing where horses have no current form to judge. 4. You have to be confident that the shorter prices on your two selected animals are warranted. Use all of the advice throughout this document to decide whether the top two horses deserve to have much shorter prices than the rest of the field. 5. Watch out for top Jockey / top trainers combinations – you want these on the two horses within your selection and not presenting a danger from within the rest of the field.
We reveal the other criteria for covering 2 horses to win, plus another 40 betting strategies from my personal portfolio, plus other professional betting methods at Max Gamble’s Betting System Blog.
Click Here To Visit Max Gamble! As you can see, out of all of the strategies, lesson 6 is probably the most challenging but at the same time can be very rewarding after you have put the time and effort into gaining enough experience to make good money. With the top two horses running for you, you have a strong chance of success providing you have done your homework. Don’t forget, you can always start with small stakes on this plan too so that you can bet in “series” to find a winner to recover any previous losses. With this plan, any losing runs should be short.
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