The Betalay Horse Racing System
I’ve done a lot of research into horse racing systems over the years, so when a system lands on my desk nowadays I’ve normally got a good idea of whether it’s likely to work or not within a couple of minutes of looking at it. Of course, many of the systems I see are just plain junk, but occasionally you come across one that’s worth investigating and that’s what happened to me this week…
The system I’m talking about is The Betalay Horse Racing System and the first thing that hit me about this system is that (a) it appears to be incredibly easy to operate and (b) the advertised profits are incredible…. which is exactly what we’re looking for, if it’s all true!
Before we get started, I’d like you to take a look at this web page.
The reason I want you to look at this first is because I’m going to explain some of the things they’ve done to achieve the spectacular figures they advertise and that way you’ll be in a better position to make an educated decision about whether it’s for you or not.
Secondly, I should tell you that although this is listed under “Betting Books“, the PDF file you download is only 5 pages in size, so don’t expect to have to spend days trawling through chapter upon chapter of information. It’s a simple system that can be easily condensed into 5 pages, but in my opinion that’s a good thing - cut straight to the chase and all that.
Now, as far as systems go, this really is about as simple as they come. There are only three rules involved, you’ll know exactly which races to bet in within seconds of looking at the cards and you only ever lay one - easily identified - horse in each race. The system operates in the last few minutes before each race starting, but you can automate it using Malcolm Pett’s excellent Grey Horse Bot software, so even if you’re working during the day you can easily set it up in the morning and leave the software to do the rest for you on auto-pilot, which is a bonus.
To sum up the benefits:
- It’s VERY easily operated.
- You can completely automate everything.
- The advertised profits will make your mouth water.
That’s all well and good, but now let me get into the nitty gritty of it for you….
I was able to backtest this system, somewhat loosely because the software I used wouldn’t allow me to run reports using the exact odds range they recommend, but I was able to get it pretty close and (in my opinion at least) that’s good enough for our purposes here.
I’m in little doubt that their reports are accurate and that the selections they recommend you lay are 100% correct, but there are two things you need to know about. The first is that the numbers they display on their website don’t include Betfair’s 5% commission (although you’re probably on less than 5%) and the second is that the odds they’ve used are calculated to the industry Starting Price (SP) and not to the higher odds you can expect to lay at on Betfair.
When you factor these in it does have a detrimental effect on the advertised profits, but in my opinion the very worse case scenario would still see you showing a profit every year and the very best scenario - when you lay at as close to SP as possible, with a reduced BF commission rate of say 3.5% - would still see you generating an exceptional profit every year.
From a personal point of view I would attempt to fully automate it, so judging the odds before the off wouldn’t come into the equation, and I’m also on roughly 3.5% commission, so I would expect to be in a position to make a profit of perhaps half of what they advertise every year.
I can’t see how you would ever make the advertised profits, but hey - looking over the last few years it wouldn’t be unrealistic to think that you could make an extra £15K a year doing this and when you combine it with the Grey Horse Bot you can do the whole damn thing on auto-pilot.
That’s all good to me.
Another thing the author recommends is using a “recovery plan” where you attempt to recoup a percentage of any loss on your next four bets and again this is an easy thing to do when you use the Grey Horse Bot. I’m not always keen on these kind of staking plans, but when you consider that the strike-rate of the system is a healthy 88%, I think that in this instance you could (and probably should) use it to boost your profits from the system quite substantially.
All in all, I like The Betalay Horse Racing System and when used in conjunction with the Grey Horse Bot I think you’ll have a consistent, completely automatic, money-maker on your hands.
This is one that I’ll happily recommend…
Until next time,
Online Betting Exposed
Alice,
Best course of action is to contact Clickbank because that’s in fact who you purchased from (and who your contract is with). It would be Clickbank who ultimately put the money back onto your card (not betalay) so my advice is to cut out the middle man and go straight to Clickbank.
I had a similar situation with False Favourites but as soon as I contacted Clickbank the refund was processed within 24 hours.
Hope that helps!
Alice,
Hope you get your money back..and also that you didn’t lose any money from it..
David
Asked for my money back within 8 weeks. No response other than their automated reply. Obviously no money either.
This is their ‘guarantee’:
Your satisfaction is assured with our no risk, you-can’t-lose, 100%, no questions asked, iron-clad money-back guarantee. If for any reason, you aren’t thrilled and satisfied with your purchase, just contact us within 8 weeks and we’ll refund 100% of your purchase price. What we’re saying is don’t decide now if betalay is right for you. Try it out for eight full weeks -
RISK FREE! You have nothing to lose and lots to win.
Jake - I Emailed BETALAY about the forum around July/August and received an email back saying that they had closed it.
I remember reading on this post somewhere that they are working on something that would do a recovery plan with Greyhorse Bot.
At present I have stopped using it.
JAY
putningguru - I thought the system was for UK only.
But presumably this is only because they haven’t tested results against any other country - not because the phenomenan doesn’t work anywhere else.
Have your results been any better/worse with non-UK events?
@puntingguru,
Slightly off the subject, but I want to progress some of my betting to Austrailian & US racing. Could you recommend a good Austrailian racecard site?
@ putningguru - I am interested in how you have managed to use GHB with the staking recovery method
I have had huge success with this system (Betalay) and apply it to UK an AU horse racing using the Greyhorse Bot. I have a daily stop loss of 5 x my unit investment so if the day starts bad I stop and start again next day. that way most i will ever lose on a given day for a $25 stake is $125 for day. I use the the staking recovery system to recoup losses. With the stop loss I make even larger profits than they have advertised.
I bought this system in May 2008 and posted here that Betalay have never replied to my emails.
The Betalay site has a forum, however, you cannot access it without a username and password which is the main reason for my emails. I only ever receive an automated response saying they will be in touch in a few days but they never reply.
If they issued this info along with the system at the time of sale it would save a lot of hassle.
You have my email address so can you please get them to contact me with this info as I have had enough of emailing them on weekly basis for months.
Saver system is having a really bad run- 11 losses on the trott what are the odds of that???. Should I dump it??
Thanks Jimmy, I am really trying to give these systems a fair go.Since 10/08/08 Saver down 9 points Legacy up 2. Bet accelerator up 5 points. I would welcome any further comments from people who have been using these systems longer to see how they are getting on.
I think it was a good idea from Craig about betting on SP. I am really finding it hard lately not to fiddle once odds go up or in play which can wipe out profits.
Tomkat
Tomkat
I have the legacy and saver and got the feeling that it was gonna be impossible to win with. if you got the r post forecast price then you may have a chance buti found most were backed off the board and so building up a profit to cover a bad run was hard.
It reminded me alot of the 60% system from sportsworld which suffered from the same problem. The thing is that all reviews of the legacy give it a glowing review but in practice it bombed for me. The saver part of it looked to me to be a poss laying system due to the v short odds but i havnt tested it as yet
In fairness to the system i didnt use it for v long and just as well as id lost big time if i had but i never got confident about it so i put it in the drawer for future reference lol
Hey guys, is anyone using Legacy & Saver at the moment. I am finding the Saver system is having a really bad run- 9 losses on the trott. Should I dump it??
Thanks Craig,
That’s about what I thought, I just wanted a further opinion.
@Callie - That’s a little bit like how long is a piece of string
I’d say on average an 8/1 shot on Betfair is likely to be around the 13/2 - 15/2 mark with the bookies.
I have just one question to ask about Betalay, before I try this method for real, I would like to check past records and results on RP website for my own peace of mind.
What I would like to find out is, if there is maximum price given on Betfair at 9.0, what is the likely bookie SP for this price? Perhaps Paul could help me out here?
@Mark - yeah I agree, 500 or so comments and we must have covered every possible angle already
@Mike - it’s pointless us keeping going over old ground about this. You don’t need to change it out of all recognition at all and in reference to what Francis said, I think the answer is that you need to use a bit of commonsense. You only need to read back through the last few pages of comments to see that people have been doing VERY well with Betalay. I’m not disputing what you say about the 8/1 shots, but I think time has now proven that there’s good money to be made.
@ Craig, Paul, Francis et al.
Hmm. A cap of 9.0? My reading of this system is that 9.0 is decimal for 8/1 and the cap is 8/1 at SP. Hence the problem which Francis highlights. Anybody else care to consult their Ebook? Francis, any views?
Paul, if you are right, then there is a problem with the Betalay results page as they quote dozens of qualifiers at 8/1, and you will sure as hell not lay them all on Betfair at 9.0!
I think anyone who has bought and used Betalay will spot that from a mile off.
You may accuse me of being negative, but I am being realistic. The basic methodology is sound but you have to tweak the system out of all recognition to make a worthwhile return
It is amazing how many times this discussion has been round the block!
I dont do many systems as I find most to be a little ‘dodgy’ long term, and prefer to trade, but this is one that simply does work, the figures are there to back it up…..
And as soon as Glen pulls his finger out with the bot (you need to work days AND nights Glen :-)), ill be amongst the first to sign up!
Cheers
Mark
Nice one Paul - I’ll be coming to you for system replacements then
So the 9.4 you quoted earlier would be an absolute maximum, and even that would be giving the system a bit of leeway which means the whole 15 debate has no merit.