Just started doing this and it looks like a winner. From what I can tell though, some casinos' numbers are more random than others.

Started with 1 very well known casino, deposited $50 (I know, wuss!), got $50 free and had to wager $500. Anyway, managed to cash out with $93.50, nice profit. Best of all was that they then emailed me to say that I had won $5 in their competition. I played with this and managed to get it to $25.50 before I got my "quit signal". So I then cashed that out too....

So, I deposited $50 and took out $119 which I guess is 138% profit.

Second one was not as successful, deposited £50, got £50 bonus but ended up cashing out with £38. This casino was a bit dodgy with not so random outcomes (i.e. whenever I was on 12 and hit, I always got a card with the value of 10 to bust at 22 etc).

This is certainly worth checking out if you can discipline yourself to play conservatively and stick to the same bet throughout.

That's obviously fair enough, and the further you continue for, the more fair it is. If you were losing after, say, the 3 months that included the prime of the flat season, that wouldn't be a good sign. (But expecting a service to make a decent profit in March and April might be asking quite a lot.)

I see it's no longer possible to make a profit on the day, today.

Do I understand correctly that due to the change from jumps to flat that the "tips" should be taken more carefully?
Stake less seems to be what you are saying

Presumably the same in the autumn?

Forgive my ignorance, I know almost nothing about the sport.

Yes, I think so. The changeover means that for a few weeks, twice a year, there's very little "current form" to go on. So everything's a bit more random. There are even some services that take a few weeks off around March/April and November. From about 1st May (not so long now) things usually improve a bit (that's my rule of thumb, anyway).

Update: today's results (19th) - lost in the 5.20 at Towcester (2 selections) and won in the 6.20 (also 2 selections); I lost about 1.5% of my bank today (now staking at 3% per race).

Another update: results for 20th April. Repeat of yesterday. Lost in the 2.20 at Epsom (2 selections) and won in the 3.30 (also 2 selections); I lost about 1.5% of my bank again today.

Greetings all I have just bumped into this thread. I have been a member of Betfair since it started and now trade Betfair full time (amongst other things). I have been contracted to run seminars on it by a number of companies. My experiances on Betfair has been very positive and I have made more money more consistanty that I ever had on any other market. There are lots of tactics you can use to make money but each market has its own unique ripples and methods. I've spent ages studying each one but it helps significantly that I have a good background in sports markets.

I tend to trade horses and football matches as that accounts for the bulk of the volume on the exchanges. Betfair is currently matching bets to the tune of around £1.2b a month so its a huge market.

I have seen Peter's site before, I think it is from another thread. It certainly is very interesting, I look forward to the updates as I have the "old" presentation.

Peter addresses the desires that I have regarding the exchanges, that is, to be able to invest with little or zero risk.

I welcome Peter's input (and look forward to more on this thread) and recommend his site as a very interesting read.

Mmmmm!!!
Another minor down day. 2 races, 2 selections each, 1 won @ 4 but due to the 3M method the combined odds were 1.66

Seems Roberto's theory is right regarding the difficulties during change over.

I am now on 5% stakes.

I must be having a thick moment. Is Scripophilist Peter? and what is the site?
Richard...

Don't worry Richard, the market affects us all in different ways, my fault as I was far from clear!:cheesy:
.

Yes, Scripophilist is Peter Webb's web page.

Extremely interesting (if you have a couple of hours) of theory of probabilities and, more interesting, how to "green up" on the exchanges.
Oh yes, just a hint of advertising, but hey, we all gotta live.

I just noticed this thread.

Looking at the Equinex info, I recently joined "The Bismark" which appears to be a similar idea. (Laying horses to lose).
I made a lot of checks first to check it all out and as far as I can tell it is genuine.
I only joined last month but am well in profit already.

I was also looking at the Asset18 (golf) scheme but it is incredibly expensive to join and to be honest I'm not sure how real it is. There are lots and lots of claims but no figures. So I think I'll give that one a miss.