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About the UK Tipsters Service UKTipsters specialise in selecting losing favourites for our customers, these will be short-priced favourites that our system of selection indicates to us are going to lose their race. we rely solely on our system of selection brought about from years of our own experience and knowledge of racing. Each days racing is studied and each race is subjected to our system of selection and we aim to select for our customers one losing favourites each day, sometimes two. It can be seen from our history pages there are a few days where no selection has been made at all, we are disciplined in standing by our system of selection and hope to pass this discipline on to our customers, when there is no selection produced there is no second guessing and no selection given. Our Betting System When laying horses you are the bookie and this can only be done on one of the betting exchanges and not with the bookies, we use and highly recommend Betfair “www.betfair.com”. In being the bookie you have more to loose if the horse should win and with all forms of betting and gambling there will be both wins and losses, so first you have to set your loss limit should the horse win. Once you have set your loss limit you take the first selection we provid, decide on the odds you are going to give based on the odds the punters are looking for, divide the odds into your loss limit and this will give you the maximum bet you are prepared to accept on that selection. The examples below are shown using Fractional odds, the Betting exchanges use Decimal odds which are represented in a different way but the principle is the same.Go to our Betting Exchanges page for further details and examples using Decimal odds. EXAMPLE 1 - Loss limit £100.00 - Odds given 2:1 - £100.00 Divided by 2 equals £50.00 The maximum bet you will now accept is £50.00 When the horse loses the race you win their bet off £50.00 Should the horse win the race you pay out £100.00 (your loss limit) EXAMPLE 2: - Loss limit £100.00 - Odds given 1:1 (Evens) - £100.00 Divided by 1 equals £100.00 The maximum bet you will now accept is £100.00 When the horse loses the race you win their bet off £100.00 Should the horse win the race you pay out £100.00 (your loss limit) The lower the odds you can get the higher the bets you can take and the more money you can win, In both examples you are in control, the loss limit remains the same, it’s the bet that changes, you will never lose more than you are prepared for. Laying loosing favourites with low odds is where the money is to be made. Go to Betting Exchanges for a more detailed explanation and examples. |
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