The old lessons are still the best!

 Every now and then I am reminded of some key principles that universally apply to anybody that wants to make profit from betting.

 I have just been reviewing my results from a system I have been following for the last couple of months. The system has done really well and now that I look back through the results and think about why it works I can see that it is obvious that it would be profitable.

 The principle that applies in this case has been the subject of many books and articles over the years that I have been involved with betting and that is that the successful bettor goes against the crowd.

 In this instance the system I’m looking at advocates that we lay favourites when they look like good things to win! The idea being that if a horse is the obvious favourite and looks certain to win then it will be over bet. IE it will start at odds that don’t reflect its true chance.

 For example if a horse has a 50/50 chance of winning the race then it should be even money (2.0) but if it looks like a good thing and has lots going for it then more than likely it will be trading at 1.8 or shorter. This horse is therefore a value lay and if you lay horses like this over the long term you will win.

 The system I’m looking at is Dodgy Favourites by Paul Fowlie  and it is going great guns. But if you can’t afford to splash out on an expensive system in these tough times then just pay attention to the key principle, obvious horses are over bet and make value lays.

 Darren Power is the Editor of the Betting School Insiders Report, you can register for a free copy of the Insiders Report at http://www.free30pagereport.co.uk