Alrite guys, I have just been scanning the net looking over various forums. I have spotted one that had quite an interestin thread on it, which has been running for months now, and contains about 31 pages in total.

It is basically a horse racing betting system, and they have been keeping track of the results it would bare if you had followed it this year.

I am not saying it will work, but the proof is there in thread that it might just do the trick. There is a lot of reading it in, and I am still sceptyical. But if you had a large enough bank and the patience to try it you could maybe be onto a winner.

I have posted the link below, so give it a read and post your thoughts..............

http://www.theracingforum.co.uk/forum/view...c&start=435

Back the fav

Not quite that simple. If you take the time to read the full thing, it is quite interesting.

Not something I would try personally, but still makes some interesting reading.

Is that not like the roulette system in a way, if red doesnt come in double your stake until it comes in, but there doing it with favourites of races?

Yeah, it's a basic martingale strategy.
Not my cup of tea, it will work a lot of the time but there will always be that fear in the back of your mind that today could be the day that no favourites win.
And blindly backing favourites to win between £5 and £10 normally a day is not my idea of fun, it would drive me mad after a while.

But the proof is there if you read the thread..... It has worked well for this person. I would say it is different to the roulette, as roulette is random. In horse racing the Fav is much more likely to win the race....

But eventually it will fail. It may have worked for quite a while, basic probability on a nromal distribution indicates that at some point it will fail, and the losses will be catastrophic.
Remember, failure of proof is not proof of failure.

Well it has worked for that guy for the last 9 months, thats proof enough for me....

Couldn't be arse doing it everyday though, dont have the time, and it would be a bit sad devoting that much time to a horse racing sysytem!!

I was only mentioning it to get peoples thoughts, but it has not really been discussed as I thought it would.

I have a really good system for selecting betting systems. Every time a system fails I switch to a new one and double my stake, plus one pound. As soon as my re-mortgage application comes in I'll try this one.

Shut your hoop, no need to be pedantic!

My Dad followed a similar system to this Kayster.

However, instead of backing every race, he would go through the paper and back on the fav's whos odds where twice the 2nd fav.

For example, if the fav was priced 2/1 and 2nd fav 4/1 he wouild go for it. If it was 7/2 he would leave it.

Same thing really but as you say you need to devote a lot of time to these things.

Firstly thanks for the sensible reply, unlike one poster....

The fact you need to devote so much time to these things puts me off it. But I do think it could pay off in the end, especially if you restrict the system to certain races, such as handicaps, with 9 runners or less, like the guy done in that thread.

Your dads system sounds like a plan as well, obviously more likely to win if it is an out & out favourite.

Not necessarily.
Let's say there are two races, both priced up to a book of 115%
In race 1 the favourite is 2/1 and the next horse is 4/1
In race 2 the favourite is Evs and the next horse is 2/1

Both of the 2/1 shots have just as much chance of winning as each other.

Supposing race 2 was a non-handicap with 6 runners and was actually priced up to a 110% book, whereas race 1 was a handicap with 14 runners and was priced up to a 120% book, the 2/1 shot in race 2 actually has a better chance of winning than the 2/1 shot in race 1, despite it not being favourite.

Interesting that yesterday it was the 7th race before a favourite won, you would have had to stake £635 and you would have got £610.91 back, a loss of £24.09. Today the first favourite won, returning a profit of £3.63 for £5 staked.

Yea I noticed that yesterday, kinda proved the system has it's flaws. As I have said I wouldnt do the system myself, as I wouldnt have the time, just wanted to gauge peoples opinions.

As for your statistics stuff, canny be arsed with that