The System – 3 TIPSTERS

involves using the daily selections from the following 3 tipsters:

Racing Post – Newmarket

Sun – Tempelgate

Times – Rob Wright

My theory behind this is that individually, each tipster has a strike rate of about 25%. By combining these 3 tipsters and only betting on the horses that they all tip, gives ‘quality’. Therefore, you only bet on races where the horse is tipped by all 3 tipsters. BUT, it doesn’t stop there. The tipsters strike rates will include Odds-on favourites, so I avoid these. Also some horses that are tipped by all 3 tipsters, for some reason or other, drift in the market.

Therefore, I only backed a horse to win if: -

1. All 3 tipsters tipped the same horse.

2. SP was greater than or equal to 2.25.

3. SP was less than or equal to 5.00.

4. 5 to 19 incl. runners in a race.

5. Bets were placed before the race started.

Stakes

I placed £5 to win bets for SP of 3.00 and above, and £10 to win bets for SP up to 3.00.

Results

During the Period of Running: -

1. I placed bets on 287 races.

2. There were 111 winners.

3. Strike Rate was 38.6%.

4. Max. Losing Run was 13 races.

5. Of my £100 ‘pot’, only £85 was the max. ever used. (Max. Outlay)

6. Total Staked during Period of Running was £2,010.

7. Total Gross return during Period of Running was £2,477.

8. Net Return was £467.

Whilst the Net return equated to 549% (Net Return [£467]/Max. Outlay [£85]), you can see that unless I was prepared to increase the stake sizes and take the plunge and actually trade, the system was a lot of work for a small monetary return.

I had run a similar system in tandem with the above whereby the Odds range was narrowed to 2.50 to 3.25 incl., and this system returned a Net profit of 825% over 128 races with 62 winners (strike rate 48.4%), but was only found after all the data I was collecting was analized .... the wonders of hind-sight!!

Basically, the system was 'selective betting', because certain criteria had to be met before a stake was made.