Gambling and Betting systems have existed for since gambling has been around. A betting system is either bogus or clever depending on whether it is based on a sufficiently deep understanding of the given game so that there is some method to the madness. Gambling systems, even bogus ones, are always interesting to hear about, because they say something about how people perceive (or misperceive) probability.
Let's face it, the reality is that Beating the Bookie is not easy its tough! It is kind of a scandal. Bookies collect the money, then drop the odds seconds before the race starts, leaving you and the rest of the punters, out of pocket or short changed, even if you did pick the winner! Margins are tight enough without giving away your hard earned cash to greedy Bookmakers or self appointed guru's for "insider information" with no proof or guarantee the horse will actually win. It's easy to run up a £100 phone bill calling a tipster every day for one or two winners a week.
This situation sounds very familiar. Statistically around 30 to 40 percent of all favorites usually win, yet still the Bookies rake in more cash than most of the punters put together. They just don't care if the favorites win or lose - Free Bet on or no Free Bet.
There are however ways of Making Money from Free Bets - gambling systems. Gambling systems require you to spend countless hours in front of the TV or a computer waiting for the result of one race before rushing to get on the next with only minutes or seconds between the two. You need extraordinary skills or previous experience of Betting on Horse Racing, placing a Bet on Football or picking winners. While this isn't about dumb luck, the horse you pick or the outcome of a football match is almost irrelevant! |
