A good day yesterday as all 4 tips were winning bets.  Today’s betting tips are shown and discussed below.  To view a history of all bets and the Fund results in detail go here.  To see a summary of the Fund’s progress against the target £1million go here.

Chelsea v Reading.  Only 8% value in laying Chelsea so only a small stake is taken. Reading market odds of 20 are great value against the algorithm calculated odds but under this new algorithm no backing bets are placed.

Derby v Man City.  A major game for the Fund as there is a massive 98% value on Derby.  Derby have only 1 game all season and Man City are fighting for a place in Europe. However, Man City have gone off the boil in recent games and are not so strong away from home.  A win for Derby would hit the Fund for around 20%.
Continued

Betting exchanges claim that you will get 20% better prices in horse betting. Better prices to the horse player, simply means making more money from winners!  Great, everyone would want that…if the claim is true.

I decided to put the claim to the test! I created a scenario of betting the horses…at the track, online with a traditional online race book and at a betting exchange, www.ehorsex.com, to see which method is most profitable and by how much.  I looked at the results for all stakes races in 2007, starting on January 1st until June 30th, a total of 260 races.  In the end, I found that by betting at ehorseX, net profits were 23.9 to 32.4% better than if you were to bet the same amount, on the same horses, getting tracks odds. Now if you have already become an exchange player, better prices are what you have come to expect.  However, if you have yet to experience exchange betting, you may be unfamiliar with the value that they bring to the horse player.  You may also need more convincing as to the validity of these percentages.  Here is a detailed look at how this comparison was conducted.
Continued