In June, we published an article explaining the principles of Dutch Betting selections in a race. Today we will show you how members who pay as little as $49 per month, will have made a profit of over $1500 for June by following our recommended betting strategy.
Throughout the month, the team at Racebiz have been betting the selections that our members receive and following the strategy of:
- Bet the appropriate amount, based on the assessed odds provided, to win $100 for each horse.
- If the tote is offering under the assessed odds, then this is not a value bet so no bet is placed.
A basic Dutch Book bet on your assessed runners consists of backing each selection at the assessed odds so that no matter which one wins you make the same amount of profit with an overlay.
Example: Sandown Saturday 4 June
RACE 5 | ASSESSED ODDS | TOTE | OUTLAY | RETURN |
16. MAGNEGEM | $5.50 | $7.80 | $16.00 | 1ST = $124.80 |
8. SECRET BLEND | $4.50 | $4.60 | $19.00 | NR |
2. KLISHNA | $10.00 | $16.00 | $9.00 | NR |
Total outlay for the Race: $44.00 Return $124.80 Profit for the Race $80.00
The full analysis for each day of punting throughout June to show PROFIT of $1672.
DATE | NUMBER OF RACES TIPPED | TOTAL OUTLAY FOR THE DAY | TOTAL RETURN FOR THE DAY | TOTAL PROFIT FOR THE DAY |
01-June-2016 | 12 | $434.00 | $240.00 | -$194.00 |
04-June-2016 | 12 | $436.00 | $768.50 | $332.50 |
08-June-2016 | 12 | $508.00 | $1,097.00 | $589.00 |
11-June-2016 | 16 | $645.00 | $775.00 | $130.00 |
15-June-2016 | 10 | $315.00 | $815.00 | $500.00 |
18-June-2016 | 12 | $368.00 | $740.00 | $372.00 |
22-June-2016 | 9 | $358.00 | $0.00 | -$358.00 |
25-June-2016 | 14 | $412.00 | $600.40 | $188.40 |
29-June-2016 | 11 | $419.00 | $531.30 | $112.30 |
OUTLAYS AND RETURNS | $3,895.00 | $5,567.20 | $1,672.20 |