I’ve been a bettor for many years and a very profiatble one at that. I’ve tried most strategies that were successful and due to this have had plenty of bookie accounts limited or even closed altogether.
This left me in a little bit of a quandry. How to I keep pulling out cash from my strategies when the bookies won’t take your bets?
I now use the Betfair Exchange to place my bets, but there are others around you can use which I’ll cover later on.
On the Exchange, Betfair get paid regardless of what I win, they take a fee off every winning bet I make and when I win the profit comes from betting against other punters.
This means my strategy relies on other punters thinking differently to me and its a good job there’s a lot of bad punters out there and just as many bad tipsters as this makes my life much easier.
The first week we only make £23 profit, but by the end of week 19 we’re looking at a profit of £955.04.
Why stop at 23% per week? So we can ensure we hit that amount each week, even if a few resutls don’t go our way.
£100 to £5,107 in 19 weeks and I’m sure you’ll be happy to withdraw your £5,000 profit.
The issue with bigger amounts is having the bottle to place the bets. Imagine putting £20,000 on a bet. Could you do it? Even if the strategy is proven to work?
I prefer to let my members decide on what they want to stake but I advise a £100 starting bank for the first run.
Starting Bank the aim is to go from £100 to £5,100 in 19 weeks. Your starting bank only needs to be £100.
Weekly Betting the aim is to increase our bank by 23% per week. If we achieve this in 1 day we stop betting for that week. This approach gives us time to overcome the odd loss here and there and also pick the best bets rather than being forced to bet on some days.
Type of Betting for this method I use lay bets only. Don’t be put off by this, its how many pro punters make their living and it takes the Bookies out of the question.
Betting Accounts because we are lay betting you will need access to an exchange that accepts lay betting. I use the Betfair Exchange, many others use Smarkets. Either will work with my 23% Method.
Daily Bets the bets are sent via email on the morning of the racing. Bets are sent as soon as they are ready, somedays this takes longer than others but you will always have the bets before 11am. All bets can be placed at once. You do not need to be online through the day to use this method.
About The Bets the amount of tips sent per will vary from a single tip up to a maximum of 5 tips. There will never be more than 5 tips on a single day. Odds will also vary and I will bet up to around 10.0 (9/1)
Member Limit a member limit has been set to ensure that the odds are not effected too much. 100 members will rarely do this but 100 members placing the same bet all within minutes of each other will mean that it could take a few hours for the market to re-stabalise. So a member limit will mean that we can all get on at a similar price. Read more…