This horse racing system simply works by placing the same stakes (ie £ 10 on each selection) but it also has some rules, which are pretty straight forward to understand.
The amount of selections you bet on this horse racing system is determined by the odds of the favorite, I have placed a table of odds below for you to show how many selections can be bet upon.
All odds below are in decimals and are the odds of the Favorite in any given race.
Odds of Favorite In decimals Bet On First
Between 3.00 & 4.00 2 Horses
Between 4.00 & 5.00 3 Horses
Between 5.00 & 6.00 4 Horses
Between 6.00 & 7.00 5 Horses
Between 7.00 & 8.00 6 Horses
Let's just imagine that the first race you wanted to have a bet in is the 2.10 @ Ascot. Simply navigate to that particular race at your chosen, betting exchange, bookmaker website or go down to your local bookies and take a look at the odds / prices that you are being offered.
Now for this horse racing system to work, let's say for that sake that the favorite was being offered @ 5.3. Take a look at the above table and look for 5.3, there you will see that you are allowed to bet on the first 4 horses in the betting market ie 1st Favorite, 2nd favorite, 3rd favorite and 4th favorite, making a little more sense now ??
The same goes for any price that the favorite has within the odds displayed in the table above.
This horse racing system, called "Level Stake" betting, has been around for "Donkey's" years but not too many people actually do it, simply because the major of punters are looking for a BIG win with every bet they place and to be honest they lose almost ALL the time.
Selections process for this horse racing system is very easy to do: if in your chosen race the favorite has odds of 3 at Betfair then you are allowed to place your stakes on the favorite and the second favorite in the betting.
If in this horse racing system you placed say £ 10 each one, your total outgoings are £ 20. If the favorite were to win you would receive back £ 20 in winnings and your £ 10 stake money as well, so a total of £ 30.
If the second favorite were to win at odds of 5, then you would receive back £ 40 plus your £ 10 stake money back for a total of £ 50 return.
If you were to select a big race where the favorite was priced up at 7 on Betfair then you are allowed to place your stakes on the first 6 in the betting.
It is a very simple horse racing system, but highly effective and if done properly can make a very nice second income.
I have personally had winning bets of up to 25/1 although these are very few and far between it's very nice when it happens.
Level Stakes betting can be used with nearly all races, with just a few exceptions which are listed below.
1. Do not bet in "Maiden" races. I find these to be very unpredictable and results can vary.
2. NEVER bet in handicap races with over 16 runners, again very unpredictable and there are always much better races to bet in.
3. Never bet in "Apprentice" races, although there are some pretty good apprentice jockeys around you WANT a pro jockey that knows exactly what it takes to win a race.
Another variation of the above horse racing system is to MISS OUT the favorite and use the second favorite as your pointing point. This enables you to add more selections and get larger priced winners.
If you copy how I make my selections below then you will be quids in week after week.
If you decide to place your level stake bets with the favorite included, then this horse racing system is straight forward enough as ANY race that meets the above criteria is fair game but if you wanted to narrow your search down and just find between 2 & 4 races per day to play in, then just copy the following to achieve a VERY high strike rate.
You will need any "run of the mill" newspaper (I prefer "The Sun") that has racing pages in its sporting section.
Plus you will need to register yourself at the http://www.racingpost.co.uk website if you have not done already then go do it now, it does not cost anything.
On racing day, to apply this horse racing system simply log onto the racing post website and go through ALL of that days racing, you must mark off (in your newspaper) the selection that the racing post gives as its most likely winner.
When you have done that you then look at what your newspaper's two tipsters go for that particular race. If ALL 3 (2 X newspaper tipsters plus racing post) select the same horse then that COULD be a definite bet. Then simply do this with the newspaper for ALL the races of the day. Do not be put off at all, it takes about 10 minutes to do, not a lot of time for a horse racing system that could change your financial future.
Once you have done that you need to go to Betfair and simply check the odds for the horse that ALL 3 tipsters have given. If the odds are acceptable with the odds in the table then you have a definite bet and you stake on however many horses that the odds in the grid tell you to.
The other variation of this horse racing system is where you miss out the favorite all together and the selection process for this is much simpler and quicker.
Simply miss out all the "Danger" races as described on the previous page then try to find races that have between 12 & 16 runners, especially handicap races because in handicap races horses are alloted different weights to carry, which in effect gives ALL horses the same chance of winning.
Then all you need to do for this horse racing system to work is to get the odds for the SECOND favorite and place your stake money down on as many selections as the table allows you to.
Now you know how easy it is to make your selections, you will now need to know how to make best use of your betting bank.
We will take a £ 1000 betting bank as an example but you can start with even much you can afford, this horse racing system works for everyone!
Simply divide your betting bank by 100, so for a £ 1000 bank this figure is £ 10. So £ 10 is the amount you should place on your first ever race.
Let's now say that in your first race you can bet on the first 4 horses, you divide your first bet of £ 10 by 4, which equals £ 2.50, so £ 2.50 is the stake money that you place on the first 4 selections in your first race.
I can just hear you say "Hey, staking a mere £ 2.50 on a horse, this horse racing system is not going to make me rich !!"
Well, its not and is not meant to either, yet! You should look at this as a long term venture and protect your betting bank as best you can. Dividing your betting bank by 100 gives you 100 losing bets before you go bust and that just is not going to happen.
In the £ 2.50 example above if the favorite wins then you will win a level stake profit of £ 2.50 BUT if the favorite loses and an 8/1 shot wins, you will then pick up a nice £ 12.50 profit.
Then as the days go by your betting bank increases and then so your initial stake money and soon instead of placing £ 2.50 on each horse you will find yourself placing £ 22.50 on each horse, you can see how you start enjoying this horse racing system now!