Betting Commander

By Peter White

Introduction ……….. Page 3 The Odds ………. Page 4 - 5 About Laying ………. Page 6 Betfair Guide ………. Page 7 - 9 Betfair Commander System ……….. Page 10 Selection Process Examples ……….. Page 11 - 13 Staking Plan ……… Page 14 Conclusion ……….. Page 15 Disclaimer ……… Page 16

Congratulations on purchasing a copy of “Betting Commander”.

What you have in front of You is essentially a manual how to guide for amassing a fortune through horse racing. The size of that fortune depends entirely upon You. I am sure that most of You, are sceptic and have many doubts about all this systems that’s born everyday, but I am also sure that once You start to follow this method, You will change your opinion.

Through this manual You will learn where and how to apply this method, but I strongly recommend that You begin by paper trading until You are fully comfortable with it.

Why Lay horses? Finding the winner of a race is hard, consistently finding winners is very difficult. It’s much easier to pick a horse that won’t win.

Bookmakers make lots of money from punters backing horses that don’t win. Lay is an extremely lucrative business for the bookies and has been for decades. The bookie always win in long term simply because he makes his money from the horses that lose – in a 10 runners race, 9 of those horses are running for the bookie, and only 1 is running for the backer, any one of the others 9 win and the bookies beat you.

Now thanks to the Betting Exchanges like, Betfair, you have the opportunity to have all 9 runners on your side. With over 60 Million Pounds wagered on the exchanges every day, Lay betting presents a fabulous opportunity for anyone to generate real profits.

Read and follow all the rules of this manual and I am sure that you will be a winner, choosing the losers.

Peter White

Odds are referred to as the "price" for a horse in a race. The bookmakers set the prices according to what they believe are the horse's chance of winning. The more likely they think a horse is to win, the shorter the horse's price will be. For example if a horse is priced at 3/1 then the bookie is saying that if that exact race was run 4 times that horse would win it once. Or in percentage the horse has a 25% chance of winning.

There are three different ways odds can be presented. Depending on which market the bookmaker targets. Odds are presented by either the American, British or European standard.

American Odds

The American system is different the odds can be positive or negative. The system is based on “evens” (1/1) being expressed as 100.00.

If an event is odds on then the figure is preceded by a minus “-” and represents the amount you have to stake in order to win 100 units. If an event has odds greater than evens then it is a positive figure and represents the amount you win for every 100 units staked.

British – Factional Odds

The traditional British way is to describe the odds as a fraction e.g. 6/1 or "Six to One". When the first figure is higher than the second it is called "odds against". The amount won will be greater than the original stake. For example if the odds offered were 6/1 then for every £1 staked you would win £6.

When the first figure is smaller than the second it is called "odds on" and the amount of winnings will be smaller than the stake. For example if the odds offered were 4/8 then for every £8 staked you would win £4.

European – Decimal Odds

Unlike the British fractions the European system deals in decimals. The figure quoted is the return a punter receives (including the stake) based on a bet of 1 unit. To transfer from British odds to European odds simply divide the first number by the second number and add 1.

So odds of 4/1 become 5 (4 ÷ 1 + 1 = 5) and odds of 4/8 become 1.67 (4 ÷ 8 + 1 = 1.50)

The betting exchanges all use the European odds system so it is something you are going to have to learn to recognise.

Laying a bet means you are betting on something not to happen.

Laying its like being a bookmaker where you offer odds on sports. With the introduction of betting exchanges like Betfair, you can now offer odds on horse to win, and hence profit when they lose.

Why do you want to lay?

The attraction of laying (or offering odds) is that it offers you a lot of flexibility because you are offering odds on the event rather than accepting odds given to you by a bookmaker.

How does Laying work?

To be able to lay a bet with Betfair you need to have enough cash in your account to be able to pay out if the event you are offering odds on happens. For example if you wanted to lay a horse at 5/1 (6.00) and you had £100 in your account, you would be able to take bets up to a total stake of £20. If the horse wins you have to pay out £100 to the people who have bet £20 with you at 5/1. If it loses, you get to keep the £20 people have bet with you.

The follow instructions are designed to help you place lay bets using a betting exchange. The user guide uses Betfair as an example as it is the exchange you are most likely to use. If you haven't registered you will need to click on the Open an Account button and fill in your details. If you have, simply fill in your username and password and click Login.

On the left hand side of the front page, there is a list of all the different sports covered. Click on “Horse Racing – Today’s Card”, for a list of all the races coming up on that day.

The list of sporting options will change to show a list of horse races for the day, happening all over the world, sorted by time.

Simply scroll down and from the list of races click on the race you are laying in. Select the race by Time and Course.

Do not select the race meeting to place as we are only betting on the horse not to win.

To the left we have the name of the horse in bold and the jockey's name under. The first three columns of numbers after the horse’s names show the odds for backing the horse to win, with the best odds in the blue squares.

The decimal figures are the odds and the figures in Euros are the amount available to bet with. Basically this means someone else has laid the horse at this price with the amount of money shown below. They are waiting for someone to accept their offer.

The second set of three columns show the odds for the horses losing (lay bets). Again the best odds are highlighted in the pink squares. As before the decimal figures are the odds and the figures in Euros are the amount available to bet with.

Basically this means someone else is requesting an opportunity to bet a certain amount at their preferred odds and is waiting for an offer to lay at that price. Click on the best odds in the pink square for the horse you have selected to lay. The right hand side of the website will now change, showing the horse's name, the odds selected and asking for the backers stake as follows:

You can change the odds to whatever price you would like your bet to be matched. In the “Your stake” box you can type the amount you want to back the horse. You will then be asked to confirm your bet. Click on yes if you are happy with it.

The screen will now change to show whether or not your bet has been matched. If the bet has been matched, then the bet is placed and you only have to wait for the results. If the bet is unmatched you have others options:

You may wait to see if someone else comes along who is prepared to accept the odds you have specified. You can change the odds in order to match a Layer who is offering different odds. Or you can cancel the bet. It is also possible for your bet to be part-matched. This is where some of your stake has been matched with a Layer, but some has not.

Using Betfair is relatively easy once you get used to it. If you are still unsure of anything then Betfair offers comprehensive online help. For an easy to follow user guide simply go to the Betfair website, click on the help menu and then on the view our demo button.

Step 1

We will lay the Clear 3rd_{favourite ( joint/co 3}rd_{favourite avoid the race )}

Step 2

Only use Class 6 races.

The races in this class are very weak, and as such any horse can win. Looking at things in that perspective the odds are even more on our side.

Step 3

Avoid all races from Wolverhampton.

This track has always shown that the first three favourites have a high rate of victories, and we also want to avoid this, since we are betting against the third favourite.

Step 4

The 3rd_{favourite can’t have 2 years old.}

Horses with two years of age, are starting their careers. As such, they are eager to win. This is not good for us, so we avoid horses with two years of age.

Step 5

If the 3rd_{favourite had 41 to 90 days since his last race, avoid the race.}

If a horse does not run from this period of time, the more likely is that the trainer will be preparing the next race with great care. This can result in a victory in the race.

Step 6

If the 3rd_{favourite meet all these requirements and have a maximum of 10/1} starting price at:

(

16:25 – Uttoxeter

Screenshot 1

The Screenshot 1 shows us a class 6 race. The Course is Uttoxeter. Non of the runners is 2 yo.

Now we need to know who will be the 3rd_Fav.

Screenshot 2 shows us that the horse Five Star Wilsham is the 3rd_fav.

Back to Screenshot 1, we can confirm that Five Star Wilsham only have 21 days since his last race.

Screenshot 2 also tells us that his SP is 11/2.

Five Star Wilsham, is according all system rules, now we will place a lay bet on Betfair. Doesn’t matter which odd is.

Screenshot 3

Five Star Wilsham at 8.00

We will place our lay bet on him, and wait for the end of the race. Check the Screenshot 4 to confirm race result.

Screenshot 4

Five Star Wilsham didn’t win the race, which means that we made a nice profit. Successful bet!!

A staking plan is a method of controlling how much each bet should bet. There are simple staking plans and there are more complicated plans. But at the end of the day all staking plans have the same purposes:

To ensure that the possibility of going bust is

kept to a minimum and to try to get as high a

return as possible!

Human beings are notorious about being lazy, over optimistic or fall foul of one of many of our many foibles which make up the human condition. Without a staking plan it is so easy to see one's betting bank go under.

I have seen people go bust (when one's betting account reaches zero) because they thought that they didn't need a staking plan. I have never seen anyone succeed without one no matter how disciplined they are or, more accurately, how disciplined they claim to be.

There are two aspects to successful betting; the first is to have the right selections. Without a decent set of selections one is never going to make a profit no matter what one does. The other aspect is the money side of things; how much does one put onto the next bet? This is the function of the staking plan; without this one could be placing the wrong stake onto the wrong horse. Ultimately betting without a staking plan will negate good horse selection.

My advice is that your stake must be a maximum of 1% of your bank. No matter if you lose or win your stake will be always 1% of you last bank.

Betting Commander was written with the intention of helping all those who need a simple and easy system with the least amount of risk, and above all an opportunity to make the kind of money that you may have dreamed of.

This book gives You a system to help You reach your goals so that you have a solid system to rely on. As you build your resources, You can add to this solid foundation and learn more systems to enhance your winnings.

Keep stakes within your budget to ensure your long term success so that you can make consistent money without risking your standard of living. Do your ground work before any race by going through the relevant data in the race card and through Betfair. You will then be able to apply the system explained and be on your way to making this your most profitable endeavour, requiring very little time and giving immense profits throughout the year.

Paper trial it first without actually placing real bets until you are 100% confident it is going to be profitable. Then put it in to action to make a consistent profit. Thank you for spending this time learning our system and congratulations on being a part of this success story.

Good luck! All the best, Peter White

The author and publishers of this book and the accompanying materials have used they’re best efforts in preparing this program.

The author and publisher make no representation or warranties with respect to the accuracy, applicability, fitness or completeness of the contents of this program. They disclaim any warranties (expressed or implied), merchantability or fitness for any

particular purpose. The author & publisher shall in no event be held liable for any loss or damages, including but not limited to special, incidental, consequential or other

damages. As always the advice of a competent legal, tax, accounting or other professional should be sought.

The author and publisher do not warrant the effectiveness, or applicability of any sites listed in this book. All links are for information purposes only and are not warranted

for content, accuracy or any other implied or explicit purpose.

The manual contains material protected under copyright laws. Any unauthorized reprint or resale of this material is strictly prohibited.