Comments on: Format Racing http://www.business-opportunity-review.co.uk/5882/betting/format-racing/ Fri, 13 Jan 2012 16:42:20 +0000 hourly 1 By: Bryan Eade http://www.business-opportunity-review.co.uk/5882/betting/format-racing/comment-page-1/#comment-1535 Bryan Eade Thu, 23 Sep 2010 10:34:22 +0000 http://server.awd/bizoprev/5882/directory/format-racing/#comment-1535 The main idea behind the system - that the best horses usually win the majority of races - is a solid starting point. Remembering that horses do not always perform as expected and so backing more than one horse in a race is also a good idea. Using Betfair prices to identify those horses most likely to win, and therefore are the horses at shorter prices, is a sensible approach. Waiting until shortly before the "off" before placing your wager also allows for any changes in prices that reflect better knowledge about the horses in that race - someone may know that a particular horse has been aimed at that race or, less interestingly, a fancied horse can appear "off" in the parade ring and on the way down to the start. The main problem with this system for me is that it is "mechanical". There are rules and you follow them. You do not have to like horse racing or even watch the races as they happen to operate the system. I have also found a category of races that appear to lose more often than they win but which is not mentioned in the e-book. I like the product. The system is well explained. The single biggest advantage of this system over many other so-called "miracle systems" is the absence of long losing runs. The main idea behind the system – that the best horses usually win the majority of races – is a solid starting point. Remembering that horses do not always perform as expected and so backing more than one horse in a race is also a good idea. Using Betfair prices to identify those horses most likely to win, and therefore are the horses at shorter prices, is a sensible approach. Waiting until shortly before the “off” before placing your wager also allows for any changes in prices that reflect better knowledge about the horses in that race – someone may know that a particular horse has been aimed at that race or, less interestingly, a fancied horse can appear “off” in the parade ring and on the way down to the start.

The main problem with this system for me is that it is “mechanical”. There are rules and you follow them. You do not have to like horse racing or even watch the races as they happen to operate the system. I have also found a category of races that appear to lose more often than they win but which is not mentioned in the e-book.

I like the product. The system is well explained. The single biggest advantage of this system over many other so-called “miracle systems” is the absence of long losing runs.

]]> By: admin http://www.business-opportunity-review.co.uk/5882/betting/format-racing/comment-page-1/#comment-872 admin Thu, 15 Apr 2010 23:01:44 +0000 http://server.awd/bizoprev/5882/directory/format-racing/#comment-872 I bought the system and paper traded for a week losing over GBP1700 in that period. Results on the site for the same week show the loss as a fraction of this. Totally flawed in it's make up as to it's own admission the system relies on backers getting a 20% premium over SP on Betfair. This premium just does not exist at the head of the market and the reality is you will be lucky to get a 5% advantage once commission is included. I was influenced by the review of the system by the guy at www.the-secret-system.com but when things didn't seem to add up a little investigation showed that the domain for format racing was owned by the same guy that owned the secret system. I got to speak to the guy at the secret system who claimed to only have helped build format racings website but admitted that he hadn't proofed the system in real time but instead had back tested for a week adding 20% to SP prices. This makes the review complete nonsense. Have sent a couple of emails to the owner of format racing but had no response. Without giving the full detail away the system involves dutching selections at the head of the market and would involve a full time commitment to make it work even if the premium was available. I bought the system and paper traded for a week losing over GBP1700 in that period. Results on the site for the same week show the loss as a fraction of this. Totally flawed in it’s make up as to it’s own admission the system relies on backers getting a 20% premium over SP on Betfair. This premium just does not exist at the head of the market and the reality is you will be lucky to get a 5% advantage once commission is included. I was influenced by the review of the system by the guy at http://www.the-secret-system.com but when things didn’t seem to add up a little investigation showed that the domain for format racing was owned by the same guy that owned the secret system. I got to speak to the guy at the secret system who claimed to only have helped build format racings website but admitted that he hadn’t proofed the system in real time but instead had back tested for a week adding 20% to SP prices. This makes the review complete nonsense. Have sent a couple of emails to the owner of format racing but had no response. Without giving the full detail away the system involves dutching selections at the head of the market and would involve a full time commitment to make it work even if the premium was available.

]]> By: admin http://www.business-opportunity-review.co.uk/5882/betting/format-racing/comment-page-1/#comment-873 admin Thu, 15 Apr 2010 23:01:44 +0000 http://server.awd/bizoprev/5882/directory/format-racing/#comment-873 Our Advice on Format Racing: * The website for this service was only registered in July 2007 by Ian Welch. As this appears to be a very new service, we advise you to wait for reviews or members feedback before parting with your cash. General advice regarding betting tipster services: · If it sounds too good to be true.... it probably is! · Be aware if payment is only by cash or cheque as this would suggest that it is not a legitimate registered business, also who the cheque should be made payable to would be a good indication as to whether it is a business or a ‘one man band outfit’ if there are no credit card facilities you should ask yourself surely if they were as successful as they are probably claiming then they would have? No company registration number is another indication that it is not a legitimate business, as it has not been registered. · Beware if the contact details given are: PO Boxes – these tend to be the favourite with the tipsters as they do not give away any personal information, so effectively it would be very difficult should you wish to speak to anyone, you should ask yourself why are they using a PO Box if their system is as good as they say and they have nothing to hide? Also mobile phone number seem to appear a lot in contact information, making it extremely difficult to trace as not all mobiles have to be registered and so this would also make finding any contact information virtually impossible. Be very careful, ensure that any tipsters you contemplate using all have full contact information including a UK address and a phone number that is not just an automated line or premium rate, contact information is imperative, especially if they are offering you a money back guarantee, if you cannot contact anyone then how would you request a refund? Also any complaints would be impossible to follow up. · We believe many of the racing tipsters are pseudonyms of the same outfit. Many of the advertising campaigns are remarkably similar to other 'tipsters' on this site that don't have good reviews e.g. Stephen Norton, Stephen Michael, Robert Carter, John McCracken, Bill Watts & Scott White. · Be wary of any stake retrieval systems, most reviews of these systems are poor and anyone who has vast knowledge of racing will tell you that these systems rarely work. · Also be wary if any of these tipsters are requiring you to place a bet on behalf of them or a contact of theirs, most of the time they will claim to ensure that you will not lose and even if you do they will pay the money back to you, however you should not have to place a bet on behalf of any other person and going back to the contact details, how are you going to get your money back if you cannot locate the company! · If the system you are researching is not in our directory of tipsters, or has no reviews, post a message in the member’s forum and see if anyone else has tried the service before you part with your cash, our members are always willing to share their experiences and you would be surprised the amount of money you could save just by carrying out these checks before you part with your hard earned cash, or check the forum for any previous posted results. While a lot of these so called Tipster opportunities are not as great as they purport to be, there are some genuine opportunities out there, you are just required to employ the due diligence necessary and question certain aspects of the opportunity, if after this you are satisfied that it could be a genuine opportunity and you are fully in possession of the relevant contact details should you wish to cancel, get a refund, or query something, then proceed with caution. Good luck and happy betting! If you think there is anything we should make our members aware of, please contact us at: admin@businessopportunityreview.co.uk Our Advice on Format Racing:
* The website for this service was only registered in July 2007 by Ian Welch. As this appears to be a very new service, we advise you to wait for reviews or members feedback before parting with your cash.
General advice regarding betting tipster services:
· If it sounds too good to be true…. it probably is!
· Be aware if payment is only by cash or cheque as this would suggest that it is not a legitimate registered business, also who the cheque should be made payable to would be a good indication as to whether it is a business or a ‘one man band outfit’ if there are no credit card facilities you should ask yourself surely if they were as successful as they are probably claiming then they would have? No company registration number is another indication that it is not a legitimate business, as it has not been registered.
· Beware if the contact details given are: PO Boxes – these tend to be the favourite with the tipsters as they do not give away any personal information, so effectively it would be very difficult should you wish to speak to anyone, you should ask yourself why are they using a PO Box if their system is as good as they say and they have nothing to hide? Also mobile phone number seem to appear a lot in contact information, making it extremely difficult to trace as not all mobiles have to be registered and so this would also make finding any contact information virtually impossible. Be very careful, ensure that any tipsters you contemplate using all have full contact information including a UK address and a phone number that is not just an automated line or premium rate, contact information is imperative, especially if they are offering you a money back guarantee, if you cannot contact anyone then how would you request a refund? Also any complaints would be impossible to follow up.
· We believe many of the racing tipsters are pseudonyms of the same outfit. Many of the advertising campaigns are remarkably similar to other ‘tipsters’ on this site that don’t have good reviews e.g. Stephen Norton, Stephen Michael, Robert Carter, John McCracken, Bill Watts & Scott White.
· Be wary of any stake retrieval systems, most reviews of these systems are poor and anyone who has vast knowledge of racing will tell you that these systems rarely work.
· Also be wary if any of these tipsters are requiring you to place a bet on behalf of them or a contact of theirs, most of the time they will claim to ensure that you will not lose and even if you do they will pay the money back to you, however you should not have to place a bet on behalf of any other person and going back to the contact details, how are you going to get your money back if you cannot locate the company!
· If the system you are researching is not in our directory of tipsters, or has no reviews, post a message in the member’s forum and see if anyone else has tried the service before you part with your cash, our members are always willing to share their experiences and you would be surprised the amount of money you could save just by carrying out these checks before you part with your hard earned cash, or check the forum for any previous posted results.
While a lot of these so called Tipster opportunities are not as great as they purport to be, there are some genuine opportunities out there, you are just required to employ the due diligence necessary and question certain aspects of the opportunity, if after this you are satisfied that it could be a genuine opportunity and you are fully in possession of the relevant contact details should you wish to cancel, get a refund, or query something, then proceed with caution.
Good luck and happy betting!
If you think there is anything we should make our members aware of, please contact us at: admin@businessopportunityreview.co.uk

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