F.A.Q. - Frequently Asked Questions
How often do you update the advice?
We aim to offer advice for all UK horse racing Monday to Saturday. However, we will only offer advice if we feel conditions are correct with liquidity being the most important factor. If the weather is changeable or other high profile events clash with racing then markets can be unpredictable and this prevents us offering solid advice. It is generally better to abstain when markets are volatile as losses are the most likely result.
At what time will you release the advice?
We aim to have the advice online 20 minutes before the first race is due off. On some occasions we may release advice in two parts, the first will cover the early races and a later update will cover the remainder of the markets.
How much does the service cost?
We charge £55 per month.
How do I use the information?
The advice is aimed at traders and NOT gamblers. If you are looking for gambling tips then you are in the wrong place. We will give an assessment of the markets and the likely prices. There will be a guide about the price direction i.e. a steamer or a drifter and how the prices of individual runners will effect one another. Obviously we cannot be exact about prices but that is the beauty of trading. If it moves against you then close your trade and wait. If it doesn't behave as expected then do not trade - you will have lost nothing but perhaps learned a lesson about the market.
When do I get involved with the information?
This is a personal choice and we cannot tell you when to place your trades or when to exit them. We will give you price guidelines and you should act upon them accordingly. In one of our sample advices we said a favourite should not trade much above 2.5 and should move into 2.2 possibly lower if support continued. There is no point laying the horse at 2.5 as any drift will be small and not very profitable. If you back the horse at 2.5 then the move down in price will be profitable. In this piece of advice the horse traded down to 2.2 and then continued to below 2.00 so our clients were very happy!
Is this for experienced traders only?
It is aimed at anyone who is familiar with backing and laying on the exchanges. In trading the objective is to hedge or "green up" your money and realise a profit no matter what horse wins the race. It is a case of taking smaller amounts of profit on a regular basis. As mentioned this is NOT a gambling service and there is no get rich quick scheme. It requires patience and discipline and can provide decent returns if you follow these requirements.
Why does it sometimes go against what we advised?
It would be unrealistic to expect every piece of information to be correct. As mentioned above in "How do I use the information" if the prices move against you then you simply close out your trade. You may incur a small loss but that is all it is, a small loss. You then wait for the correct movement and try again. If the move doesn't materialise then don't trade. This is a long term method and you have to accept there will be losses along the way. However, if you follow our advice and avoid gambling you should profit over the longer term. That also reinforces one of our rules in that we aim to provide solid advice on sensible markets. If we try and cover every race then losses will mount and clients will lose confidence. It is far better to trade the better race meetings and build up profits on these markets than to try and catch large moves on volatile and unpredictable markets - losses are almost guaranteed on the latter!
How much money should I stake?
Based on liquidity and what you're comfortable with using. Never use money that is critical to you, this is not without risk. We must add that it is about as low risk as you can get but computer crashes, internet connection failure, Betfair/Betdaq crashes can and do occasionally happen. These are totally beyond our control but that won't help if you lose money. We advise people to trade with a comfortable amount i.e. money you can afford to lose. The idea is to build up your profits and perhaps then you can increase your stakes.
What will the advice look like?
Depending on how we see the markets and the information available to us the our advice will look like the following examples: The first example was supplied to help newer and less experienced members get a better understanding of a market and the potential influences that occur.
2:00 Cartmel
This race sees Lake Wakatipu set a strong standard and if he runs to normal form he should win this or at least go very close. This means a lot of people will want to support him and the price is likely to contract. Yes I know this is related to horse racing knowledge but this gives us an edge and I do the form assessment so you don't have to. The current price of 2.5 is skinny to me as a value man but to the multitude of punters out there, they will just back it because "a winner is a winner". I have checked the markets with Adam and we have agreed this price should shorten. Our estimation is it shouldn't drift above 2.7 which should be the ceiling price. We believe it will probably shorten in to 2.20 - 2.30 were it may well bounce for a while. If it breaks through 2.2 then it could head towards 2.00 where it will probably bottom out. For this to break through 2.00 the 2nd and 3rd favourite would need to attract little or no support. The 2nd favourite is ridden by A P McCoy and trained by J J Lambe. Punters always see this combo as a punting chance as they always seem to think there is a "hidden plot" on these horses. A P McCoy ridden horses invariably trade lower than they should because layers and bookies know that punters will back them. Let's face it, A P McCoy could be on a donkey from Blackpool beach and punters will still place a bet because "you never know, this could be a plot". So with that in mind, it could be a restricting factor on the price of the favourite. Any support could nullify a move so keep an eye on this. If there is no support then expect the favourite to shorten markedly. The same will apply to a lesser extent with Crazy Eyes so also monitor the price.
AND
2:15 Beverley
The favourite appears very strong. We feel the price will contract no lower than the low 1.7's and remain fairly stable. The second favourite looks like it will oscillate between 3.2 and 3.7. If the money really starts to come for the favourite, the second favourite should drift out towards 4.
Also look at the Example advice tab