Racing Investment Formula

Website: http://www.racinginvestmentformula.com

Price: £35

Format: e-Book

Sports: Horse Racing

Overview

Racing Investment Formula (RIF) is yet another publication from the same group of people who show up with a new betting system every 2 weeks. Even design is almost the same for all products.

If you’re lucky (like I was you’ll get answers to your e-mails before purchase but please don’t bother to contact seller after that! It’s not a surprise actually - imagine if you owned dozens of e-mail accounts (for each system new account) - it’s not that easy to manage them…

Sales letter itself is ridiculous. Here are some interesting points:

“A system which uses a secret formula to predict which horses you need to back and lay…” (There is no secret formula)

“100 copies to be sold to selected previous buyers only!” (Of course

“All you need is a £20 bank!” (For what??? To make £400+ per day?)

And so on - basically a very cheap way to scam people, mostly unexperienced bettors.

The System

Racing Investment Formula promises that you can make £400+ per day by using some secret formula and spread sheet calculations. So what’s it all about?

The secret formula is very simple - to take notes about horse prices 20-30 minutes before race goes off and compare them to prices 1-2 minutes before race goes off. You don’t have to make those calculations by yourself - you simply enter these 2 prices into Excel spread sheet!

Spread sheet calculates “value” for each horse in a particular race. Calculated “value” is nothing more but just odds converted into %. For example - 5.0 will show a value of 20, 4.0 - 25 and so on.

When you have successfully entered odds, spread sheet will give you “Total” number which is simply difference between 2 value readings. For example:

* 25 minutes before race-off odds for horse is 5.0 (”value - 20″)
* 1 minute before race-off odds for horse is 4.0 (”value - 25″)
* TOTAL for this horse is 5 (25-20)

As you can see - there is no secret formula just a VERY BASIC understanding how price movements affects horse racing results.

Included in Racing Investment Formula is table with TOTAL value numbers and action advise you must take. For example if price has decreased in last 25 minutes by at least 1 point, you’ll place “Back Bet”. If price has increased my specific amount - you’ll place “Lay Bet”.

Risk Level

In a bad day you could easily lose all your bank. In a good day you could make some profit. Overall this is very risky system as you’re placing “blind bets” all day long without any filtering. It doesn’t make sense at all!!!

Betting Bank

Author recommends to use 5% from betting bank for each bet. So if you have a bank of £100, each Back Bet will be £5 and each Lay Bet with liability of £5.

Results

I managed to lose £100 bank within first 36 races. So it’s not that bad at all - you’ll get some action before you see that magic £0.00 in your Betfair account

Conclusions

I have seen several publications and systems based on price movements in the past. Must admit - Racing Investment Formula is worst I’ve ever seen. It’s too simple to work in short term, not talking about long term profits or INVESTMENT as product title shows…

No doubt that there are ways to “get a picture” by monitoring price movements but it won’t be a simple and straight-forward process. To make it worthwhile, you have to take notes all day long, many hours before race goes off, taking into account form, jockey, track etc.

So, unfortunately - yet another time waster here!