Profits from Free Tips December 2016

RaceBiz offers their email subscribers two free tips every Wednesday and Saturday. And there have been some questions sent through asking how to make a profit from this and what is the best way to back these tips. The message that we send to all our members and subscribers is that to make a profit on punting you need to:

Choose a strategy that works for you.
Practice patience and stick to your strategy.
Always look for value every time you place a bet.

One strategy suggestion for the free tips is to flat stake for the win (in our example we have used $100), and then where the team have recommended to back each way in our example we have used $50 each way. Click here to see an analysis of the Free Tips in December 2016 free-tips-analysis-december-2016 As you can see, there are a number of days with no return, however, there are several with big returns and overall profit for the month was $1765. This strategy may not be for everyone as if you miss a day then that could be the best one of the month!

An alternate strategy suggestion for those that are interested in Multis, is with the two tips you can do a series of: win/win, win/place, place/win, place/place. And if you did $10 for each then that is an outlay of $40 for the day and gives you the opportunity for bigger returns. Especially if both tips win, then you get all four multis. We haven’t gone through and done this analysis yet, but you may like to have a look at a few of the days yourself.

Or, a third strategy may be to do both flat staking and multis. It depends on the size of your bank, as we always recommend sound money management. For some further thoughts about this, you might like to also take a quick read of our article: Hope is not a Betting Strategy.

There are two ways to become part of the RaceBiz team:

Become a monthly member. Packages start at just $49 per month and this includes a free 14 day trial.

Happy punting!

Tim and the RaceBiz team.