July 7, 2010
All By The Book – Day 84
All By The Book – Day 84 July 6th
Hi Bloggers
I would have loved to have finished the trial with a big win but it did not happen and we only had 2 qualifying races anyway, they were Pontefract 14:30/17:30 and a loss of 5.51 points on the day. I hope to post the Final Review soon i am still doing the excel sheet to sort out the splits between 103 and 105, but anyway this has been one interesting experience and a very rewarding one with a final profit of over 1580 points.
P/L on the Day = minus 5.51 points
Cumulative P/L after Day 84 = 1580.85 points
Written by on Jul 7th, 2010. Comment.
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Comments on All By The Book – Day 84
Robert,
The good news: The official (and therefore should be the fastest) source:
britishhorseracing.com/goracing/racing/nonrunners/default.asp
Includes the exact time declared a non runner and the reason.
The bad news: Site is just showing a blank page at the moment other than the words: Non-Runner reports.
Whether that is because they no longer bother or whether it is because it is too late in the day, I am unsure.
Also, it may not matter anyway as the bookie time that they dropped the horse from their own list of runners available to bet is more relevant. Each bookie will have their own set of rules.
Have a look at Canbet rules.
Hope this helps.
Cheers,
Bernard
Hi guys, oh and dolls.
Can anyone help me please.I am at loggerheads over abet i made today in the Stratford 3.55pm with Canbet.Basically they are saying that no6 on the card ” Dunkelly Castle “was withdrawn at 12 noon yet i placed my bet knowing it was a non-runner at 10.40am.As we who use abtb know it has to be 7 or less runners before placing bets. How do i find out what time this horse was withdrawn, as i know i’m right otherwise the bet would not have been placed, but trying to convince them of that requires solid proof. He
eeeelp!!
thanks
Robert Wardle
For those interested in this method using the exchange of money with betfair it I just want to say that it works just as well with Steves other product Golden Key Method 2, I actually prefer that one as it is alot easier to use and I find it quicker and don’t have the worry of the odds changing mid bets. So GK2 can be used with the same principal of “faking a loss” and withdrawing through betfair, for those that are interested but don’t have the bank to use ABTB yet, GK2 is just as good, it may not make as many points profit, but you can use more £ per point with less worry of odds changing, so I actually prefer it, anyway hope this info helps
If this system gets a good review im going to buy it !! Plus if we can fool them in to thinking we aren’t making any money then its good all round !! Even better would be to make our accounts look like ‘losing’ so they are actually making money. Now then, on this note Commissioner , whats the worst ever laying system you’ve ever come across (lol)
Regards
RussT
Hi Alan,
I usually back and lay at the same price, but sometimes find trades, if you have time to look you will find trade selections, (back higher than the lay price,) so yes it can be commission free in theory, sometimes you can made a nice profit if you are fast. Doing this method will keep the bookies happy as you are never withdrawing money from them and can use ABTB regularly. Just don’t go too large per point because if you can’t get all your bets on at the correct odds before they change then it will cost you more when it goes wrong. As for getting restricted, it shouldn’t happen as we are not costing the bookies money.
Hi Paul
My best shot at an answer is never under estimate how much the bookies will monitor winning accounts.
At £100/race some stakes at shorty odds can get substantial and when they start looking at betting patterns they will pick up that they are not going to beat the ABTB player.
Cheers
MikeL
Hi all,
I’m struggling to understand why some ABTB users have had their accounts restricted/closed.
If, at 100 pounds per race, we can make a daily average profit of say, 20 pounds (oh how I wish there were a ‘pound’ sign on this keyboard, lol)…. spread across 12-14 bookies this averages out at under 2 pounds per bookie. Even if ALL winners in one day were with the SAME bookie (highly unlikely in my experience), surely it is still only a piss in the ocean to the bookie concerned ?
Am I missing something ?
Paul
Hi Anne,
Do you back with the bookie and lay at betfair at the same price, therefore paying 5% for the privilege of money exchange if the nag loses.
Or do you look to lay back at Betfair at 5% less than you backed at with the bookie which would be a ‘free’ transfer of funds. I am very interested in this topic as if worked successfully it would allow a significant increase in staking on ABTB without getting accounts limited or closed.
Hi Folks
I know you all have been waiting patiently for the Final Review, it will cover results for 103 and 105 and even weekends only, i very much hope i will have it done today. Main excel sheet is good and has been saved many times now and i am around 75% through the breakdowns, then i just need to put it all into some readable format or almost readable (lol).
Thanks everyone for your forebearance.
Regards
Sgt Dave
Low prices are the way to do it, I make money from baseball with the bookies and do exactly this “fake a loss” with the bookie, you are basically doing a transfer from the bookie to betfair and paying 5% for the priviledge, the bookies can’t loose with ABTB because we are getting paid out from betfair, the credit goes to the bookie account but we actually cash out from Betfair, so the bookies actually lose nothing. I thought everyone was already doing this, I have been for ages with my baseball and footie bets, it’s easy and if you happen to pick a winner then try again. It’s just like using a money exchange service, everyone wins.
Thanks Jackie…
Yes Im thinking we go for odds on selections to trade out with we might make money with the bookie but eventually an odds on will lose. This is probably better than using high priced selections in the long term anyone else have any thoughts on this?
I had ago at this and was ok for a while .
I went about trading with high price runners to gradually empty bookies accounts and actually gained quite a few points in doing so.
Betfair account was draining the bookie accounts until had a couple of winners and tripled 2 accounts. lol.
I have a question that I think might have been covered here somewhere but i have spent 30 minutes trying to find it and i cant.
If you win say £70 in your bookies account Is there not a way you can trade that amount off in betfair so that your bookies account shows a loss but you have covered the bet in betfair so that your bookies accounts are always breaking even so to speak?
Anyone with any ideas about this we could make a manual and give it away for free to ABTB users.
Let me know your ideas.
Hi Dave
Have no fear Sgt Dave will be doing the final review. He lost some data from his PC and is redoing some of the work.
All the best
Mike
Hi
Are you going to be putting up a final review for this one and the results. Very interested in seeing them.
Thanks very much
Dave
Hi Mal
I apply it to UK Racing and i am abroad at the moment and have had no problems, at least 12/14 accounts would need to be opened depending if you wanted to use Betfair and Betdaq as well. You could start of small with around 200 pounds and use 10 pence per point or as much as 2000 pounds with 1 pound per point.
Regards
Sgt Dave
Hi Dave,
This method looks terrific. Thanks for giving a complete 84 Day trial. Just a couple of questions if you don’t mind…
1) As I live in Australia, do you foresee any reason why I couldn’t apply it to the UK races?
2) How many bookies are required?
3) How large do you recommend the starting betting bank to be?
Regards
Mal
15 races tomorrow that could be in range, a very long day ahead
Dave
Looking forward to your final review, is it possible to put results up for the weekends only for us 9 to 5ers.
If not I totally understand