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	<title>Free Bets - Reviews - Free Bet Advice &#187; Failed Betting Systems</title>
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		<title>Winners Pick Losers Review</title>
		<link>http://www.free-bet-advice.com/winners-pick-losers-review/</link>
		<comments>http://www.free-bet-advice.com/winners-pick-losers-review/#comments</comments>
		<pubDate>Fri, 03 Jul 2009 08:55:58 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Failed Betting Systems]]></category>
		<category><![CDATA[betting system]]></category>
		<category><![CDATA[horse racing]]></category>
		<category><![CDATA[review]]></category>
		<category><![CDATA[winners pick losers]]></category>

		<guid isPermaLink="false">http://www.free-bet-advice.com/?p=54</guid>
		<description><![CDATA[Can this laying system really make you an easy £50k a year?]]></description>
			<content:encoded><![CDATA[<h2 style="text-align: center;">Winners Pick Losers Review</h2>
<p><em>Review by Sarah Carter</em></p>
<p><img class="alignright" style="border: 0px;" title="Winners Pick Losers Review" src="/images/betting-system-reviews-failed-lg.png" border="0" alt="Winners Pick Losers Review" width="66" height="66" /></p>
<p><strong>Winners Pick Losers</strong> is a horse racing laying system that promises to make you an easy £50,000 a year. The sales page goes through the usual routine of telling us how bookies have the best job in the world, etc, and how you never see a poor one. True enough I suppose.</p>
<p>So in theory, all we need is the Winners Pick Losers system in order to be just like a bookie and choose horses to lay on Betfair or Betdaq.</p>
<p>The system comes as a 29 page PDF with a fair degree of padding explaining what lay betting is, what Betfair is, etc but it&#8217;s not excessive padding and is useful for newcomers. There&#8217;s also an invitation to download a special browser toolbar for use with this system, which is certainly something I have not seen before.</p>
<p>One thing that did annoy me about the Winners Pick Losers manual was the fact that it is littered with spelling errors. A little proof reading goes a long way towards giving an impression of professionalism and would certainly have benefited this manual. However that is a minor complaint &#8211; it&#8217;s a betting manual not an English essay, and as such the system will be judged on ease of use and results.</p>
<h3><em>&#8220;You will need to follow the live markets&#8221;</em></h3>
<p>There are step by step instructions on how to follow the Winners Pick Losers selection method, and some sample illustrations are provided to demonstrate. The selection method is clearly defined and easy enough to understand. A simple staking plan is provided which is also well defined and easy to follow.</p>
<p>It does become apparent that you will need to be in a position to follow the live markets in order to use this system so it is unlikely to be suitable for those who work during the day, unless they were to restrict their use to evenings and weekends. It will not be possible to set up a bot to follow this system for you due to one of the criteria involved.</p>
<p>The selection criteria themselves are logical enough if not exactly ground breaking. I have a slight aversion to laying horses that drift in the market though. Just because the price is drifting, doesn&#8217;t mean a horse has any less chance of winning, it simply means that the market prefers another runner instead.</p>
<p>A horse has no idea what price it&#8217;s going off at remember! A policy of laying drifters just means you&#8217;re getting worse value as you are laying at higher prices. However, the system doesn&#8217;t rely on market movement in isolation &#8211; this is only one of several criteria in the Winners Pick Losers system.</p>
<p>On to the results. I ran the system each day for a month and the final results were as follows.</p>
<p><strong><span style="color: #ff0000;">Final Results -</span></strong><br />
Betting Days: 30<br />
Strike Rate: 60%<br />
<strong>P/L: £309.27 Loss (- 30.9 Points)</strong></p>
<p>Results are quoted to Betfair SP, net of 5% commission on winnings.</p>
<p>So a fairly hefty loss, and a strike rate lower than you would hope for in a laying system. Of course this may have been just a bad month and laying systems especially can go through good and bad periods throughout the year so I don&#8217;t want to entirely condemn Winners Pick Losers just on these sample results.</p>
<p>To be honest though I found the system quite time consuming and the fact that it was necessary to watch the markets manually means it&#8217;s doubly frustrating when you have to put in all that time only to lose money.</p>
<p>Winners Pick Losers may well have better months and recover some of the losses, but I don&#8217;t think many people would have the time and patience to see it through that long.</p>
<p>There are better, and easier to follow systems out there (see the recommended systems for more details) so I can&#8217;t recommend Winners Pick Losers based on my experience.</p>
<h3><img class="alignright" style="border: 0px;" title="Winners Pick Losers Review" src="/images/betting-system-reviews-failed-lg.png" border="0" alt="Winners Pick Losers Review" width="66" height="66" />Verdict: Failed</h3>
<p>On paper, a logical enough lay betting selection system, but Winners Pick Losers is laborious to use, and made a fairly hefty loss during my test period. As such I can&#8217;t recommend it.</p>
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		<title>Format Racing Method Review</title>
		<link>http://www.free-bet-advice.com/format-racing-method-review/</link>
		<comments>http://www.free-bet-advice.com/format-racing-method-review/#comments</comments>
		<pubDate>Fri, 03 Jul 2009 08:38:24 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Failed Betting Systems]]></category>
		<category><![CDATA[betting system]]></category>
		<category><![CDATA[horse racing]]></category>
		<category><![CDATA[review]]></category>

		<guid isPermaLink="false">http://www.free-bet-advice.com/?p=45</guid>
		<description><![CDATA[
Format Racing Method Review
Review by Will Brown
The Format Racing Method is a horse racing backing system that promises to make you £1,000 per week. Like most people I would find that sort of money very hard to turn down, so I was happy to put it to the test.
My first impressions were quite good, as [...]]]></description>
			<content:encoded><![CDATA[<p><script language="javascript" src="http://ads.betfair.com/ad.aspx?pid=8829&#038;zid=378"></script></p>
<h2 style="TEXT-ALIGN: center">Format Racing Method Review</h2>
<p><em>Review by Will Brown</em></p>
<p><img class="alignright" style="border: 0px;" title="The Format Racing Method Review" src="/images/betting-system-reviews-failed-lg.png" border="0" alt="The Format Racing Method Review" width="66" height="66" />The <strong>Format Racing Method</strong> is a horse racing backing system that promises to make you £1,000 per week. Like most people I would find that sort of money very hard to turn down, so I was happy to put it to the test.</p>
<p>My first impressions were quite good, as the Format Racing Method has a professional look about it, from the website right down to the layout and presentation of the manual itself.</p>
<p>The instructions in the manual are reasonably clear. What the Format Racing Method actually involves is dutching. For those who aren&#8217;t familiar with the term, dutching involves backing more than one horse in a race, the idea being that if you have more than one horse running for you then you stand more chance of winning &#8211; but of course you make less profit when you do win.</p>
<h3 style="TEXT-ALIGN: center">&#8220;You will need to follow the live markets to use The Format Racing Method&#8221;</h3>
<p>One thing to bear in mind with The Format Racing Method is that you do need to be in a position to follow the live markets in order to use it. You cannot obtain your selections and place your bets the night before, so the method may be unsuitable for those who work during the day, although of course it could still be used on evenings and weekends.</p>
<p>Something else to note is that dutching is not simply a case of backing more than one selection at level stakes. Some calculations are required to ensure an equal amount of profit is made no matter which of your selections wins.</p>
<p>This can be done automatically if you use trading software, but if you&#8217;re placing your bets manually you will need to obtain a dutching calculator to figure out the stakes for you. It can be a bit fiddly to do, especially when prices keep changing very quickly immediately prior to the race.</p>
<p>So that&#8217;s the usability aspect, but what about the all important results?</p>
<p><strong>Final Results -</strong><br />
Non Betting Days: 0<br />
Betting Days: 14<br />
<span style="color: #ff0000;"><strong>P/L: £221.36 Loss</strong></span></p>
<p>I tested the Format Racing method out on two weeks&#8217; worth of live racing, and unfortunately the results were not good.</p>
<p>I followed the system instructions to the letter but sadly I made an overall loss of 11 points in 2 weeks.</p>
<p>When I returned to the manual I was able to quickly spot some flaws in the reasoning behind the system which, in my opinion, explain why the method did not succeed and why it is unlikely to ever do so.</p>
<h3 style="TEXT-ALIGN: center">&#8220;Some of the mathematical claims were questionable&#8221;</h3>
<p>I can&#8217;t really pick the method apart in any detail here because to do so would give it away, and this would be unfair to the author who I believe is genuine about his system.</p>
<p>A few things stand out though. The manual claims that 70% of races are won by the first 3 in the market, but I would argue that this varies depending on track, type of race, and most importantly the price of the front 3.</p>
<p>Furthermore, in the manual we are told to ignore occasions when our stake required in order to earn a target profit per race is too high. However this frequently occurs when the favourite is at a shorter price. And if we assume the market is efficient (which with the Betfair market is generally recognised as being the case) when the favourite is at a shorter price, it means it&#8217;s more likely to win.</p>
<p>What this means is that by ignoring these races, we&#8217;re bringing the success rate of the races we do get involved in down, meaning it will definitely be lower than the 70% that is claimed by the manual, and required for the method to succeed.</p>
<p>As I mentioned earlier I don&#8217;t think this method is a deliberate attempt to deceive. I think the author genuinely believes in the system, but life is all about different opinions and mine is that the mathematics behind the system are flawed, and that it will not make a profit in the long term.</p>
<p>My opinion was supported by my test results, so unfortunately I must ask for The Format Racing Method to be marked as a failed system.</p>
<p>
<img class="alignleft" style="border: 0px;" title="The Format Racing Method Review" src="/images/betting-system-reviews-failed-lg.png" border="0" alt="The Format Racing Method Review" width="66" height="66" /><br />
<h3>Verdict: Failed</h3>
<p>In my opinion, the mathematics behind The Format Racing Method are flawed. It made a loss during my test period and I don&#8217;t feel it will ever make a profit over the long term.<br /><br />
<script language="javascript" src="http://ads.betfair.com/ad.aspx?pid=8829&#038;zid=378"></script></p>
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		<title>Football Cash Builder Review</title>
		<link>http://www.free-bet-advice.com/football-cash-builder-review/</link>
		<comments>http://www.free-bet-advice.com/football-cash-builder-review/#comments</comments>
		<pubDate>Fri, 03 Jul 2009 08:35:50 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Failed Betting Systems]]></category>
		<category><![CDATA[betting system]]></category>
		<category><![CDATA[football]]></category>
		<category><![CDATA[multiples]]></category>
		<category><![CDATA[review]]></category>
		<category><![CDATA[soccer]]></category>

		<guid isPermaLink="false">http://www.free-bet-advice.com/?p=43</guid>
		<description><![CDATA[
Football Cash Builder Review
Review by Sarah Carter
The Football Cash Builder is a football betting system (or soccer betting system if you prefer) which promises to be incredibly quick easy to use, and yet bring the author an income of £100,000 per year.
When I first read through the instructions, I felt I had to agree with [...]]]></description>
			<content:encoded><![CDATA[<p><iframe allowtransparency="true" src="http://ads.betfair.com/ad.aspx?bid=2467&#038;pid=8829" width="468" height="60" marginwidth="0" marginheight="0" hspace="0" vspace="0" frameborder="0" scrolling="no"></iframe></p>
<h2 style="text-align: center;">Football Cash Builder Review</h2>
<p><em>Review by Sarah Carter</em></p>
<p><img class="alignright" style="border: 0px;" title="The Football Cash Builder Review" src="/images/betting-system-reviews-failed-lg.png" border="0" alt="The Football Cash Builder Review" width="66" height="66" />The <strong>Football Cash Builder</strong> is a football betting system (or soccer betting system if you prefer) which promises to be incredibly quick easy to use, and yet bring the author an income of £100,000 per year.</p>
<p>When I first read through the instructions, I felt I had to agree with the claim that the system was going to be very quick and easy to use.</p>
<p>The selection method is incredibly simple. You simply get hold of a bookie&#8217;s coupon, look for bets at the specified odds, place the bets and job done. There is no form study of any sort required.</p>
<p>The author advises a staking plan involving a cycle of 3 bets using loss recovery. If the 3rd bet in the cycle loses, you accept the loss and start again. It is claimed that you will achieve an 80% strike rate this way which would be required in order to achieve the profit figures claimed.</p>
<p>So does it work? I&#8217;m afraid not.</p>
<h3 style="TEXT-ALIGN: center">&#8220;Any selection system based solely on the price a bookmaker is offering is an incredibly bad idea&#8221;</h3>
<p>It&#8217;s not difficult to pick holes in this system &#8211; in fact the holes are so large it&#8217;s a challenge to avoid falling into them. The alarm bells should have started to ring for you when I said that there was absolutely no form study required.</p>
<p>A selection system with no other criteria except the price offered by a bookmaker can never work. For one thing, prices are usually too short due to the book over round. Secondly, the prices can differ from bookmaker to bookmaker meaning a bet could qualify as a selection with one bookmaker and not with another.</p>
<p>Blindly accepting the prices offered on a coupon without question is the quick road to the poor house, and so it proved with the test of the Football Cash Builder system.</p>
<p>Following the system rules to the letter, I placed 20 bets and won just 8. This gave the Football Cash Builder a 40% strike rate, falling way short of the 80% that the author claims.</p>
<p><strong>Final Results -</strong><br />
Bets Placed: 20<br />
Bets Won: 8<br />
Bets Lost: 12<br />
Strike Rate: 40%<br />
<strong><span style="color: #ff0000;">P/L: £125.41 Loss (- 12.5 Points)</span></strong></p>
<p>I&#8217;m glad I only paper traded the Football Cash Builder, as I would never want to expose my own money on such a bad idea.</p>
<p>As for the claims of £100,000 a year &#8211; well let&#8217;s say I have my doubts!</p>
<p>So I&#8217;ll have to cancel the order for a new Ferrari unfortunately, and file Football Cash Builder in the recycle bin. I&#8217;ll be sticking to the recommended systems instead, as I know they will actually make me money.</p>
<p>
<img class="alignleft" style="border: 0px;" title="The Football Cash Builder Review" src="/images/betting-system-reviews-failed-lg.png" border="0" alt="The Football Cash Builder Review" width="66" height="66" /></p>
<h3>Verdict: Failed</h3>
<p>Whilst it is admittedly very easy to use, in my opinion, The Football Cash Builder has an illogical selection system which produced a loss during testing and is unlikely to ever produce anything but a substantial loss long term.</p>
<h3 align=center><a target="_blank" href="http://freetipste.footballcb.hop.clickbank.net/"><br />
					You can get the Football Cash Builder here</a> </h3>
<p><iframe allowtransparency="true" src="http://ads.betfair.com/ad.aspx?bid=2467&#038;pid=8829" width="468" height="60" marginwidth="0" marginheight="0" hspace="0" vspace="0" frameborder="0" scrolling="no"></iframe></p>
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		<title>The Stable Income Plan Review</title>
		<link>http://www.free-bet-advice.com/the-stable-income-plan-review/</link>
		<comments>http://www.free-bet-advice.com/the-stable-income-plan-review/#comments</comments>
		<pubDate>Wed, 01 Jul 2009 14:47:11 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Failed Betting Systems]]></category>
		<category><![CDATA[Betdaq]]></category>
		<category><![CDATA[Betfair]]></category>
		<category><![CDATA[betting system]]></category>
		<category><![CDATA[horse racing]]></category>
		<category><![CDATA[laying]]></category>

		<guid isPermaLink="false">http://www.free-bet-advice.com/?p=23</guid>
		<description><![CDATA[You've probably had a load of e-mails trying to sell you The Stable Income Plan, but does it actually work? In a word - no! Our review will show you why not...]]></description>
			<content:encoded><![CDATA[<h2 style="text-align: center;">The Stable Income Plan Review</h2>
<p><em>Review by Colin Pendlebury</em></p>
<p><img class="alignright" style="border: 0px;" title="The Stable Income Plan Review" src="/images/betting-system-reviews-failed-lg.png" border="0" alt="The Stable Income Plan Review" width="66" height="66" />Good job this is a written review and not a verbal one, because I&#8217;m almost speechless with rage.</p>
<p>The <strong>Stable Income Plan</strong> has to be the most disgusting and blatant con in the history of sports betting systems. If you&#8217;ve arrived at this review before actually paying these charlatans any money, then my congratulations to you.</p>
<p>My advice is simple:</p>
<h3 style="text-align: center;">&#8220;<span style="text-decoration: underline;">Do not</span> buy The Stable Income Plan under any circumstances!&#8221;</h3>
<p>You&#8217;ve probably received the promotional e-mails from somebody masquerading as &#8220;Geoffrey Donaldson&#8221;. They sound good don&#8217;t they?</p>
<p>You see, &#8220;Geoffrey&#8221; promises you&#8217;ll make £39,000 a year using The Stable Income Plan laying system. It&#8217;s a &#8220;mathematically proven formula&#8221; apparently. Oh, and just in case you don&#8217;t believe him, he tells you that these results have been &#8220;independently verified&#8221;.</p>
<p>Verified by whom exactly Geoffrey? You seem a bit sketchy on the detail.</p>
<p>And before we move on to looking at these results a bit more closely, I&#8217;d also like to ask how &#8220;lay all second favourites at odds of 4/1 or less&#8221; can be described as a mathematical formula.</p>
<p>Whoops &#8211; did I just give the Stable Income Plan system away? How careless of me. And to think, Geoffrey Donaldson would have charged you £100 for that.</p>
<p>Anyway onto the published results. The Stable Income Plan invites you to check all their published results to verify that they are all genuine system selections.</p>
<p>Well, I did just that, and the results they publish are indeed all second favourites at 4/1 or less (damn, I did it again) but the thing they conveniently forget to mention is that all their results are recorded at industry SP gross of Betfair commission!!</p>
<h3 style="text-align: center;">&#8220;Any laying system that gives results to industry SP, with no mention of Betfair commission, is little more than a scam&#8221;</h3>
<p>Now I&#8217;m not saying that The Stable Income Plan results are not genuine &#8211; perish the thought. I&#8217;d just be really interested to know how they managed to lay all those horses at industry SP, when most of us have to lay at much higher prices on the betting exchanges &#8211; the figure is 20% higher on average I believe.</p>
<p>Also how on earth did they manage to avoid paying any Betfair commission?</p>
<p>Yes folks you guessed it &#8211; the results published by The Stable Income Plan can NEVER be replicated in real life.</p>
<p>In fact, any system in which the selection criteria is nothing more than price and market position will NEVER work. If you were to follow this system in real life, you&#8217;d be facing a substantial loss, and you&#8217;d have paid &#8220;Geoffrey&#8221; a tidy £100 for the privilege.</p>
<p>If you want to see just what a bad idea this system is, then why not run the selection criteria through Bet Bot Pro for a few months (in simulation mode of course) and see how you get on.</p>
<h3 style="text-align: center;">&#8220;As you may have noticed, this sort of thing makes me very angry!&#8221;</h3>
<p>There are genuine people out there selling systems that work, but the genuine guys will always struggle when the entire industry can be overrun with worthless systems such as The Stable Income Plan.</p>
<p>To be honest it sickens me to think that some people will have been taken in by the promises Geoffrey Donaldson makes and will have paid him £100 for this crap.</p>
<p>All I can say is, make sure you don&#8217;t join them.</p>
<p>And if you hear of anyone else who is considering buying this, please do a good deed for the day and send them in the direction of these reviews. I guarantee they&#8217;ll thank you for it.</p>
<p><img class="alignleft" style="border: 0px;" title="The Stable Income Plan Review" src="/images/betting-system-reviews-failed-lg.png" border="0" alt="The Stable Income Plan Review" width="66" height="66" /></p>
<h3>Verdict: Failed</h3>
<p>In my opinion, The Stable Income Plan is a disgustingly poor excuse for a &#8220;system.&#8221; My advice is, do not pay money for this under any circumstances.</p>
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