Types of Bets Explained

WIN SINGLE

This is the bet the Pro’s use, and consists of your stake placed on one horse only to pass the post first. You can place this bet with a bookmaker, and take the odds he offers, or you can place it on the TOTE where you do not know the odds, and get a share of the pool if the bet wins. (See www.tote.co.uk for further details on pool betting). Around 90% of all bets paid out by the bookmaker are on WIN singles.

On all bets you get your stake back if the bet wins as per your instructions.

(STAKE XWINNING ODDS) + STAKE
£5 to win on a 2/1 chance would win you £10 + your £5 stake back

EACH WAY (E/W) SINGLE

This actually consists of two bets, the 50% on the WIN SINGLE, and 50% on the PLACE, which covers you for a horse placed 2nd or 3rd (4th in 16+ runner handicaps). The PLACE part is usually paid as 1/4 the odds, although each bookmaker does change this slightly due to runners, race type, etc. Check the details on there web site.

You can bet this on the TOTE as well, but you have to put 50% in the WIN, and 50% in the PLACE pool, although they will accept it written E/W on a slip. Again payout depends on how much is in the pool.

As this bet consists of 2 bets, if only the PLACE part comes in, you will only get 1/2 your stake back.

Unless you are using the TOTE, you must always place equal, or more on the WIN portion of the bet. You can place 60%-40% on with bookmakers, but 40%-60% with the TOTE, or any other splits. This way of betting can come in handy, most people don’t know you can do this.

So if you horse comes 2nd at 16/1 in a 18 runner handicap it would pay;
£5 e/w = £10 total stake
16/1 divided by 1/4 the odds = 4/1
4/1 X £5 (place part only) = £20 + your £5 stake back.
If it won you do the same, and also add the win portion of the bet + stake to your total return.

WIN DOUBLE

This is betting two horses to win their respective races, if one does not win, your bet is lost, and you receive nothing.

Returns on multiples are worked out by the first horse odds + stake, multiplied by the odds of the second winner.

£5 WIN DOUBLE
WON 2/1 WON 3/1
1st WIN – £5 X 2/1 = £10 + £5 stake = £15
2nd WIN – £15 X 3/1 = £45 + £15 stake = £60 total return.
You continue with this format for all other multiples.

E/W DOUBLE

This is another bet the bookmaker do not like you doing, especially when you include 2 fancied horses, as it usually means that at worse you get your stake back.

You work it out as above, but treat the WIN & PLACE parts as two totally different bets. Only add them together when you have worked out the return for each of them.

ACCUMULATORS

These are bets of more than 3 horses, bet to WIN or E/W, and form the basis of both the punters & the bookmakers favourite bets (as they produce the most profit). Calculate them as per the doubles but keep going. Accumulators can be placed in specially worded bets, explained below, and these are designed by the bookmakers to increase there profit even more. You may stand the chance of winning more, but it doesn’t happen often, if it did the bookmakers wouldn’t accept them would they?

No of
Selections
Doubles Trebles 4 Fold 5 Fold 6 Fold 7 Fold 8 Fold
2
1
3
3
1
4
6
4
1
5
10
10
5
1
6
15
20
15
6
1
7
21
35
35
21
7
1
8
28
56
70
56
28
8
1

TRIXIE

I occasionally put up one of these bets, but never go any higher than this, as you lose control over the bet when you have a loser. Three selections in doubles, and trebles.

PATENT

As the TRIXIE but includes the singles as well. Total 7 bets.

YANKEE

Four selections in doubles, trebles, and a 4 fold accumulator.

LUCKY 15

Same as the YANKEE but includes the 4 singles, giving you 15 bets, hence the name. Not very lucky though. If you get 1 loser, as you lose 8 bets straight away, and all multiples get worse for each loser.

SUPER YANKEE or CANADIAN

Five selections with full cover accumulators making it 26 bets. No singles, and with 1 loser you lose 15 bets straight away, see how the bookies make there money?

HEINZ

This is 6 selections with full cover accumulators. No singles, and a massive 31 bets lost with just 1 loser!!

COMPUTER FORECAST

Select the 1st and 2nd home in a race to finish in the correct order you have selected. By using the words REVERSE COMPUTER FORECAST they can finish in any order, but remember this is 2 bets.

You can back similar on the TOTE, as the EXACTA. Usually pays more than the bookmakers version.

TRICAST

Select the 1st, 2nd and 3rd home in the correct order. By using the words FULL COVER TRICAST the 3 you select can finish in any order but this is 6 bets.

This also has a similar bet on the TOTE, the TRIFECTA

TOTE JACKPOT

Select the winners of the first six racing at the meeting nominated by the TOTE during the week.

TOTE PLACEPOT

Select a placed horse (as defined by the TOTE terms), in each of the six races at any nominated meeting.

TOTE QUADPOT

Select a placed horse (as defined by the TOTE terms), in each of the last four races, that would be in the PLACEPOT. Handy if your early selections are unplaced.

TOTE SCOOP 6

Select the winners or placed horses in the six nominated races, as defined by the TOTE. Saturday & big meetings only. Worth an interest, especially when there is a roll-over, as there are 2 possible wins. All 6 winners, a place in each race, and a chance in the bonus race the following week, if you do get all 6 winners.

Odds On Banker – Free Software – Use This With Our Free Odds On Banker Tips To Enhance Profits

 100% FREE

Win2Win Racing now offers the Odds On Banker qualifiers for free.

This product and the qualifiers are now FREE.
You find find the qualifiers on the Free Tips page.


  • Software designed for ease of use
  • Very competitively priced
  • Will even work from a pen/USB pocket drive.
  • Automatically tells you the required stake
  • Monitors your betting bank and adjusts it per result
  • History automatically updated
  • Live Profit/Loss graph
  • Option to deduct Exchange commission
  • Choice of bookmaker or exchange betting when on low stake.
  • Stats, including Profit/Loss, strike rate, risk meter, etc
  • Staking takes account of any exchange commission.
  • Qualifiers supplied daily via subscription, from a proven professional gambler
  • Systems provided proven profitable for years
  • Staking is tightly controlled to give your betting bank maximum protection
  • Profit even after a losing run!
  • Does not have to be followed every day
  • Interaction with other gamblers via the forum
  • Simple backup facility
  • Choice of skins
  • Includes Flat, AW & NH selections.
  • Time Zone selection
  • Tips tab for help & advice

Requirements:
Windows XP/ME/2000/Vista/W7 with .NET Framework installed.
Software will only work when you are online.

————————

Windows 7:
You may get a “…could harm your computer” popup. Click Actions, then RUN ANYWAY.

This software is 100% FREE to download and use, and has been verified virus and malware free.

————————

 

Installation:

Thank you for your interest in the Win2Win Racing System Banker.

Download the file SystemBankerSetup.zip and save it to your disk in the Downloads folder (should be the defualt location anyway). Open SystemBankerSetup.zip on your system and uncompress it. If you have no compression software installed download the free 7-ZIP. Then run SETUP.EXE

The software will automatically update to any new versions in the future.

Instructions:

Daily Selections

These can be collected from your membership account,and will be online daily at around midday.

Unlock Code

This is used to activate the software, and is available at midday. It is then void at midnight.

Starting Bank

On first running the software all the boxes are empty and locked, apart from Enter Today’s Unlock Code. Once you have purchased the credits, and entered the daily update page, the Unlock Code is shown at the top. You can type it in, or cut’n’paste. As soon as it is entered into the box correctly, the software will activate.

If it is your first time running the software, you will be asked to enter the Starting Bank. You will not be wanting to change this figure in the future, unless you reset the software.

I would recommend a MINIMUM bank of £50.

The Starting Bank is actually set to hold a lot more than you will probably ever need, this is why your bank is 99.99% secure, as mentioned earlier, I build in as much safety as possible. This bank, and the Current Bank will then be displayed and updated accordingly while the software is active. The Current Bank is the one which will increase/decrease with each bet.

*New Feature: Bookmaker/Exchange

I have added a drop-down box next to where the stake appears. Default is bookmaker. This is for people using banks under say £500, as the stakes will be smaller than the Betfair minimum. If the stakes are less than £2, but you still wish to use the exchanges, then select EXCHANGES on the drop-down. This will adjust the stake, and the bank management to handle the £2.

If you start with a decent bank, or your bank has grown with profits, you will not need this, so it can be set on either.

Reset/Cancel Bet

You can click this at any time before you press the Settle button to reset the form.

Selection

From the list you have from the Win2Win Racing Odds On Banker update page, you enter each selection prior to the race. You can not enter a selection till the previous result has been settled, otherwise the bank and staking will not be correct.

You can enter the Race Time, Meeting and Selection fields however you wish, they are a reference for you only.

The Odds MUST be entered in Decimal. You also MUST deduct the one point stake. This is easy if you use Betfair, and most online bookmakers allow you to use Decimal places However if you are used to Fraction prices, you just divide the first number by the second to get the Decimal price.

Examples:.
7/4 is 7 divided by 4 = 1.75
11/4 is 11 divided by 4 = 2.75
11/2 is 11 divided by 2 = 5.5….etc…

Please note, that if you use the exchange prices, they contain 1 point for your stake, do not include this in the software (Bookmakers do not include the stake in the price).

Exchange Prices Examples:
3.46 should be entered as 2.46
10.8 should be entered as 9.8…..etc…

Bookmaker Prices Examples:
7/4 is the same as 1.75 and should be entered as 1.75
100/30 is the same as 3.33 and should be entered as 3.33…..etc…

If you do not deduct the 1 point from the exchange prices, the software will be calculating your stakes incorrectly, and may result in a loss.

Once you are happy with the qualifier you have entered, and are sure the odds are correct, you can click the Enter button on the form. As soon as you do that, the information is passed to the Live Bet box, and your Stake for that selection is shown. If the prices change, you use the Update Odds button to correct it once you have placed the bet, although you do not need to do it with small changes, or when stakes are small.

Won/Lost/Settle

Once the race has finished, you must settle the bet before you can either enter the next runner, or exit the program. Doing the latter before settling will result in that bet not be recorded.

You can only select Won or Lost, the software will not let you settle with neither ticked.

Once you click the Settle button, and verify it is correct, the Selection box will become active, and the Live bet box will deactivate, so you are ready for the next horse.

The History box is then updated with the most recent bet at the top, so are all the stats, and Profit/Loss Graph is updated when it has around 10+ bets to work with..

Profit/Loss Graph

This is a simple graph just give you a idea of the trends.

Stats

I added these just for reference purposes. The comparison between Overall SR and Recent SR is you give you an idea of what might be expected. The lower the Recent SR to the Overall SR, the more likely a winner is due. The opposite is true of a run of losers. It will take around 100 bets for this too stabilize. Recent SR will only appear after 25 bets have been placed. Risk Meter is the additional safety your bank has as the profits increase.

*New Stats

I have changed the If Levels to show you what the level stakes profit it.

The Av Odds just shows the average overall odds of all qualifiers. This figure will become pretty static over time.

Losing Run is defined as X / Current Losing Run, where X is the point at which you may break the bank, but statistically losing runs have never reached this level, usually 2-3 below it.

Backup

Pressing this copies your current HorseHistory.txt file to a new file in the installation directory prefixed by the date.
IE. If you click Backup on the 25th of Aug, the file name will be ’25HorseHistory.txt’.
You can click this after each race if you wish, but make sure you do it daily. This will ensure you have a month of backup data. It is also advised you copy to another HD, floppy, CD, DVD, or pen drive, at least once a week.

Exchange Comms %

If you use a betting exchange, which I strongly advise you too to maximise profits, you use this box to enter your current deduction percentage. Otherwise just ignore it, and it defaults to 0 for those who use bookmakers.

Update Odds

This button allows you to change the odds BEFORE you have actually struck the bet.

*New Feature: Post-bet Odds Correction

Use this button AFTER you have placed the bet.

After you have placed a bet, you may have the situation of a non-runner(s), a late withdrawal resulting in a RULE 4, therefore reducing the actual odds you have. This DOES effect future bets, so make sure you correct the odds.

You can also use it if you place a bet, and you actually get more than the odds you asked for. IE. You entered the odds 1.8, worked out the stake, and while putting the bet on the odds jumped to 1.84, and that is what you got. You can use this button to correct the odds, so a higher profit is recorded.

No need to correct odds for losers.

Menu Items

File>Reset All Files – This will reset EVERYTHING, including the History file, betting bank, current bank, etc. You will only need this if you wish to start from scratch.

File>Exit – You can use this to exit the program, or click the ‘X’ in the top right. Make sure you have settled all outstanding bets prior to doing so.

Bank>Reset Bank – This will reset the Current Bank to the Starting Bank level. You should not need to do this though.

Bank>Add Money – This allows you to add money to the current bank balance, it will have the effect to help increase staking. Once you know the software works, you can add a few quid each week if you wish.

Bank>Withdraw Money – This allows you to deduct any money from the bank. You should never reduce it below the Starting Bank, and the more you have in it, the more safety you have.

Skin – Allows you to change the background colour.

Join – Takes you to bookmaker/exchange sites.

Visit – Takes you to Win2Win sites.

Help – Brings you here!

About – Shows a message box about the software.

Advanced Users

If you really need to change the data in the HorseHistory.txt file, you can edit it in Wordpad, but ensure everything lines up otherwise the data may be read incorrectly. This file is found in the installation folder.

You can also easily import this file to Excel.

You may also wan to copy the History.txt file as part of your backup.

Q&A

When I run it, I get a notice from my firewall asking to Allow it, why?
The software needs to check the Win2Win server to ensure you have the latest message, which will carry news on any updates of the software, advice, offers, free bets, etc, so you should Allow it. It does not do anything else, nor does the software use cookies. If it cannot connect to my server, the software will not work.

How much can I expect to make?
The No.1 question when it comes to gambling. There is always a direct comparison between your initial stake size and profit. I am often asked “Can I make £50 a week?”. The answer to this is always no. If the question was “Can I make an average of £50 a week?”. Then the answer would be possibly, and can only be worked out from past data.

So can I make an average of £50 a week?
I knew that would be the next question! To make somewhere in the region of £25-£75 on average per week, you would need a starting bank of at least £350 to start building on. I can not be more precise than that, as averages change over time. Remember, this is an average. That is how gambling works.

You it has 99.99% bank protection, why not 100%?
You can never protect a betting bank 100%, their is always a mathematical chance in the real world it will break. Pro-gamblers often break banks, but we runs so many of them (spreading the risk), they do not matter. I have designed this software to give as much protection as statistically possible, plus more for good measure.

Perspective is always a good thing in pro-gambling;
Joe Punter: Has a betting bank of £50, gets it to £400…and loses it on a footy match…LOST £400 bloody quid he says.
Pro-Gambler: Has the same bank, gets it to £400, loses it, and has only lost £50, that is all he started with.

Does it include Flat/NH & AW?
Yes. All British racing codes are included.

Can I make a loss?
Unlikely. The software is designed to profit after a winner, and after a losing run, no matter how long it is. Rarely a loss may be made, this is if you have placed the bet, and then have a withdrawal in the race with deductions. You just have to accept this.

What time are the selections online?
No matter what time racing starts, selection will be online between 12:00-12:30pm, unless I am on holiday, or something, notice is always given on the site and forum though.

What time is the daily unlock code online?
This is online with the updates.

Are there bets every day?
The majority of days will have bets, although occasionally no bets will be given out. This will be due to either severe weather change, a bad days racing with no reliable form, cancelled meeting, or Good Friday/Xmas Day. On the odd day no selections are given, this will be stated.

I need to miss a day/week, what should I do?
Miss them. In fact if you need to go out shopping, the dentist, and it means you missing one or more bets, miss them. The horses have no idea whether you are backing them or not!! If you need to miss a week, a month, no problem. The stats all level out in the end, just carry on from where you left off. The only thing you will lose out on is potential profit, but then again you may just miss losers. Unless you have a crystal ball, no one knows.

What is the Risk Meter?
The Risk Meter starts at 12, and as the Current Bank builds it will reduce, usually around 33% of the Starting Bank, will reduce it by 1. This is to give you an idea of how much protection the bank has. Although bank safety is already built into the software, and should prove enough, the lower the Risk Meter , the even lesser chance of ever busting the bank.

When can I take out profit?
When you wish, you are the bank manager. Taking money out will reduce overall stakes, and therefore profits.

How long does it take to get the Risk Meter to zero?
That depends on the results, and whether to bet every horse, but you are probably talking 1 to 2 years.

I forgot to settle the last bet last night?
No problem just enter it in before you place any more bets. You can only do this if you have the unlock code for the new day though.

Can I include my own bets?
You can if you want, but then why bother paying me to supply you with profitable selections that the software is written for? The software is designed specifically for the qualifiers I supply. Adding your own selections will probably result in you breaking the bank, so using any other selections is not proven profitable long term, and you do so at your own risk

What Strike Rate can I expect?
SR’s will be between 37%-42% usually, although this will depend on whether we are in Flat or NH season, or changing over seasons.

So I will definitely make a profit?
You can not guarantee anything when it comes to gambling, but as well as the 99.99% bank protection, you will make a profit after each winning run in over 99.99% of cases.

I am at work during the day, and home at night. Can I work it between the two?
You need to keep the data file up-to-date, so you would need to transfer it using either a pen drive, or email the files. It is probably possible to run it all from a pen drive, but may slow slightly as the medium isn’t the fastest around.

Will it work on a mobile/XDA/PDA, etc?
No, it would need completely different software.

What would be my maximum stake?
This depends on how many losers you have had in a row, but your bank is built to handle any.

What is F/c.P/L Month?
This is just a measurement of your forecast monthly profit based on your current profit divided by 12. This will start at around zero when you first start using it, and increase over time. It will be pretty meaningless for the first 12 months though.

Win2Win Racing

If you have any further Q&A, please ask on the forum (use the SEARCH first). I can not personally answer emails regarding this software, and do not like people to think I am ignoring them. Thanks.

Free Horse Racing Software | Odds On Banker | Forum| Horse racing system