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The Life System

BY XPERTBET


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10Bet - 188Bet - 888Sport - AllYouBet - Bet3000 - Bet365 - BetAtHome - BetBoo - BetFred BetSafe - Betsson - BetWay - BlueSquare - BoDog - Bwin - CanBet - Coral - Dafabet - Expekt GameBookers - MyBet - PartyBets - PinnacleSports - RedBet - SkyBet - SportingBet - StanJames TitanBet - ToteSport - VictorChandler - WilliamHill

“The Life System” INTRODUCTION When this racing system was first shown to me I felt like a kid at Christmas – it was bordering on magic, almost unbelievable. I went away and cautiously gave it a try - with great success. I began researching old racing results to see if I could find a time where it fell apart – I couldn’t. And I carried on using it, expecting to lose my money – I didn’t. It was everything I was told it would be – the ultimate racing system. The guy who showed me how this works used to refer to it as his ‘Life’ system. His theory was that the business of making money out of horse racing is little different to the pattern and principles you live by. There are good days and bad days, provided you realise this in advance and plan for them then the bad days would be no more damaging than a burst pipe or catching a common cold. Whilst both are inconvenient and uncomfortable they’re fairly easy to survive because you know they are resolvable problems and you work around them until things are fixed. The BIG secret, he told me, to winning consistently from betting is not finding winners; it’s having a definite, disciplined, plan to work 3 SAMPLE FOR FURTHER REPRODUCTION OR DISTRIBUTION 2011. www.bettingsystemprofessional.com


through. Most people who bet have no plan, they just ‘bet’. They win and they increase their stakes out of greed, they lose and they increase their stakes out of desperation. They have no idea what the long term implications are of doing either – they just do it. He likened it to an appointment for a job interview that, in the perfect world, is a one hour drive away. If your only expectation is to jump in your totally reliable car, full of petrol, drive unhindered to the interview, have all the perfect answers for the interviewer, and get offered the job right there – then your chances of being in total control are fairly limited. If however you begin to make allowances for traffic problems, needing fuel, perhaps the car breaking down, parking problems, and the interview going so badly the interviewer tells you ‘no thanks’ there and then – your chances of being in total control are fairly high. Obviously you don’t want to have to spend money on car repairs, train fares, and be told you’re not wanted – but if those possibilities were in your thinking at the beginning and you planned for them, you’ll survive. Knowing what to expect and how to handle things whether they are going well, or not so well, is a minimum requirement before you place a single penny piece on a horse. This guy also told me something I didn’t believe (probably because I didn’t want to believe it) and it was only later I realised how true his words were. He told me nobody would ever become rich using his system, which is why he was happy to tell me about it and agreed to allow me to write about it. The system would allow anyone to make respectable amounts of cash but the whole idea of accumulating the kind of cash required to buy houses,expensive cars, and villas, was totally misconceived. This puzzled me a fair bit at first and I had a real problem grasping why I wouldn’t be able to use this system to make hundreds of thousands of pounds – after all it was 4 SAMPLE FOR FURTHER REPRODUCTION OR DISTRIBUTION 2011. www.bettingsystemprofessional.com


unbelievably successful and the money I was prepared to use to ‘up’ the stakes was bookies money. The risk to me was minimal and I set off to make my millions. A few weeks later I was back. The system had worked perfectly, I was using bookies money to bet with, yet I was still making the same amount of money day after day. It was like having a money-making machine on my kitchen table that only had one speed - £50 a day! To say I was becoming frustrated was a total understatement. The crazy thing about the situation was I could see what was happening yet there was nothing I could do about it. It was then that I received perhaps the most important lesson about gambling I’d ever had. It’s such an important lesson that I’ve dedicated the first chapter to it and I urge you to read it well and commit it to memory; it is possibly the most important part of this booklet. Some people have what it takes to make money out of gambling, most don’t. When you’ve finished reading you should have a much better idea which side of things you sit on. Learn from this information and follow it on paper for a while – see exactly what it can do if you can apply the principles you’re going to read about. Thanks to the guy who gave me this I make enough cash each week to make a real difference to my life, I’m sure if you can take this on board you can do the same BUT before you attempt to use the system make sure you read and understand the basic principles of gambling, there is no short cut, no way around – you must learn these lessons well or you will NEVER be successful. Many thanks for buying this booklet and I sincerely hope you have as much fun and make as much money out of it as I do.

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Financial Management Financial management is about one thing – money. How much money you have and how you use it. The first thing you are going to have to do in order to follow any kind of betting strategy or system is set aside a bank. Whilst this is a relatively simple thing to do there are two very important things to get right. The first thing to get right about your betting bank is your attitude towards it. Firstly you have to get it firmly placed in your head that however good a system appears to be it is still gambling – and whatever bank you set aside you MUST be fully prepared to lose every single penny of it. The possibility of losing your betting bank is part of the planning and you need to have a plan to work around it. It could be you’re prepared to start again with a new bank, or it may be you give up – whatever it is decide now, and stick with it. You need to place yourself in the position of losing your bank and find out how you feel. If it’s no more than an acceptable risk of doing what you do then you’re in good shape to move on. If it scares or worries you, if it means some household bill isn’t going to get paid or your standard of living is going to be effected then you’re not in such good shape and it’s time to think long and hard as to whether ‘betting for profit’ is really for you. Your betting bank is ‘working capital’ for your business of betting. This means it is not available for dipping into to buy groceries, pay bills, or go to the pub. And as we’ve already said, it’s not available for the occasional ‘fun’ bet. If it can’t be that way for you then again – think long and hard if this is really for you. Betting strategies often fail for the same reasons new businesses fail – lack of capital. In simple terms that means running out of money. I like to think in ‘points’ when it comes to the financial side of betting, it means I can speak in exactly the same words to someone who has £20 to risk or another person who 6 SAMPLE FOR FURTHER REPRODUCTION OR DISTRIBUTION 2011. www.bettingsystemprofessional.com


has £1000. A point is a point, whether its 10p or £10 – you make that decision for yourself, but make sure you have enough of them. The betting strategy this system uses requires a fair amount of points to run comfortably. When I first began following it for real I used just 10p per point and began with a bank of £30 – that’s 300 points. At the end of the second week I’d built that bank up to £97 (or 970 points). I believe a bank of 300 points is sufficient for flat staking. If you decide to use a staking plan, which will be released later to members a bank of 1000 points is so comfortable I can almost 99.9% guarantee you will never go bankrupt. As yet I’ve never found a time where the system ‘wipes out’ more than 30 points in a whole day and that is the maximum it can lose so a 300 point bank allows for 10 days of no winners. It isn’t going to happen, it’s IMPOSSIBLE. Obviously it’s a different story using a staking plan for non aggressive recovery but the results are based on flat staking. This is the level of bank you need to be thinking about – 300 points. A point can be worth whatever you like but I can tell you now, don’t bother going too high. This system can produce a daily profit of between 1 and 20 points so if you opt for too big a value you’ll have problems getting bets on. If you have limited funds minimum stakes on betfair are £2, this means a bank of £600 is advised, if your bank is less than this I would suggest opening an account with Bet365, I find this the best online bookie, You can place bets as low as a penny!

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Detachment – No Room for Emotion OK, you’re almost ready to be let loose on how the system works but before that I need to cover the biggest problem of them all – emotion. I started with a £30 bank, in fact it had once been a £10 bank and I’d had a string of successes using each way doubles and built it up to just over £30. In my mind it wasn’t my money, I’d won it, so I wasn’t attached to it. Also, without meaning to sound boastful, it was only thirty quid – a take away for two, a night in the pub, six bottles of Tesco wine, not ‘life changing’ amounts of money here. So I was happy to follow the plan in a completely disciplined manner. If I lost thirty quid I lost thirty quid – it was worth that to see if this thing would work for me. I was the model follower, doing only what the plan told me to do. As I’ve already said at the end of the second week I’d changed that £30 into £97 and it was starting to look like ‘my’ money, the kind of money that would pay a bill, buy some clothes, pay for a weeks shopping, a sit down meal for the whole family. Two weeks earlier I had no hesitation about losing thirty quid but a hundred pounds (in round numbers) was beginning to look a lot different. So it was that I found myself ‘taking my foot of the gas so to speak when I saw the bank being used – FOR THE PURPOSE IT WAS DESIGNED FOR, working capital. It was not money to be used for buying food, drink, or nights out, it was money to be used to finance a betting strategy. But I stopped seeing it that way. Imagine the feelings when that bank becomes £1000 and it’s nearing Christmas or a birthday, or some unexpected bill drops through the door? There will come a point where your bank will reach a level in which you can withdraw a wage for yourself each month, until that time comes. Be disciplined, The crazy thing was that I can never remember a 8 SAMPLE FOR FURTHER REPRODUCTION OR DISTRIBUTION 2011. www.bettingsystemprofessional.com


time when more than about 10% of my bank was at risk, and yet all I could see was the potential for zero. I’m sure you too will arrive at a time when you simply can’t place the proper bet and easing back, and when the winning bet comes up instead of a 10 point return its finishing -10 points! And then of course you’re full of regret at not having been able to stick to the plan, and you become angry with yourself. Sometimes you’ll find yourself taking it into the evening, even to bed with you – the disappointment of not doing what it is you should have done. You may even find yourself one day thinking it would have been better to lose your entire bank than not having won enough through not following the plan. Strange little demons will sing and dance inside your head telling you all kinds of things – and you must learn to control them. Unless you are experienced at doing so already you must learn to detach yourself from the emotion. The bank is no more than working capital, if you lose it you lose it – you’re prepared for that and will deal with it. Betting is just a job, some horses win and some lose – it matters not, a loser is no more than an inevitable part of betting. One thing I can assure you is that while you follow this on paper as part of your preparation it’s easy to make all sorts of decisions. Selecting and Placing the Bets About the only things you need to get going in addition to the ‘soft’ skills we’ve already covered is a betting bank, access to The Racing Post ONLINE, somewhere to place the bets (Internet or shop) and the time it takes to play the system. Racing Post Free to join here – http://www.racingpost.co.uk – This is where I get all the proper selections every day I use the system. 9 SAMPLE FOR FURTHER REPRODUCTION OR DISTRIBUTION 2011. www.bettingsystemprofessional.com


I use the Internet and with a bit of practice you can operate the system while you work on other things, and even find time to make yourself a cup of coffee while it’s all happening. If you prefer to visit the bookies then to be honest it’s easier but I’m a technology man and I like sitting at my PC shifting cash around and updating my results list. Either way I suggest you start with a 1000 point bank if you want to use the staking plan that will be ready later on and a 300 point bank for flat stakes. It takes me about 20 minutes to get ready to operate this system and I usually do not use it on Saturdays or evenings as this is my break, time off. And also if you’re experienced you will know how hectic Saturdays are with races over lapping others. If you decide to use it on a Saturday be careful as there can be too many races to make it work. You do need to be available from the first race onwards until you’ve made the profit we have set out to make. I usually stop at a winner or when I have made at least 1 points profit. But as mentioned earlier this system can make a whole lot more than that. Sometimes that can be no more than two or three races in; occasionally it goes all the way to the 10th race where we stop. Finding Selections You now have to go through the racing cards and list, in order of start time, each race in order. We may only need the first 10 races, but for races that get filtered out we will take details for the first 15 races. The next job is to go to the betting forecast in the RACING POST for each race and find the horses LISTED third, fourth, and fifth in the betting order. Note I emphasised LISTED because there could be several horses at the same price – so to make sure you do get three horses per race you skip the first two, and use the horses listed third, forth, and fifth, as follows: 10 SAMPLE FOR FURTHER REPRODUCTION OR DISTRIBUTION 2011. www.bettingsystemprofessional.com


Betting Forecast: Johns Luck; Mandy’s Purse; Dave’s Bike, Toms Car; Rogers Van , Simons Grass, Wills Whiff, Mikes Pond Racing Post example: Your selections are the ones underlined because they appear Third. Fourth, and Fifth, in the betting order – Sorry to labour this point but it’s the one that causes the most confusion when there are several horses all priced the same. When you’ve found the three selections for each race you place them in the table in the right place under each header, Horse 1 Horse 2 Horse 3 The idea is that you are going to begin betting on the first race of the day, betting on all three selections per race, until you make a pre determined sum of money for that day – then you stop. The advised predetermined profit is a minimum of 1 point. Occasionally you’ll find one of your selections may get backed down to favourite and what was an 9.00 shot in the morning on betfair turns out to be as short as 4.5. But on the other side of the coin I’ve had winners that were forecast at 10.00 ends up winning at much greater odds. If it interests you the average odds winners for this system are 10.00 Whilst it sounds a little ‘hectic’ it’s actually quite easy to operate, the only time you may have to juggle a race ‘out of place’ is if a race is delayed and runs into the next race. In this situation, it is just unfortunate and I usually carry on placing my 3 bets on the next race. But it is personal choice on what to do. This is your business and you have to plan every aspect. If you’re a shop customer then you could simply fill out a betting slip for each race without putting the stake in (because you don’t know it yet) and keep them in chronological order ready to use. On the Internet I open up 2 browser windows (if you’re non-technical all that means is I click on Internet Explorer twice and have two open at the 11 SAMPLE FOR FURTHER REPRODUCTION OR DISTRIBUTION 2011. www.bettingsystemprofessional.com


same time) and log one onto The Racing Post website where I can even see a running commentary on the race and get ‘real time’ results, and the other one is logged onto my on-line betting account. I just flit between the two to ‘watch’ what’s going on and place bets. If at the time of betting one of your 3 horses has been withdrawn whether it be 5 minutes before the race or 5 hours before the race you will use the next horse in the Betting forecast list for example below, if “Toms Car” was withdrawn we would use “Simons Grass” and if two were withdrawn we would use “wills Whiff” and if all three are with drawn you would use Mikes pond, so in effect you are using the 6th, 7th and 8th in the betting forecast LIST, instead of what was the 3rd, 4th and 5th. Betting Forecast: Johns Luck; Mandy’s Purse; Dave’s Bike, Toms Car; Rogers Van, Simons Grass, Wills Whiff, Mikes Pond If the favourite or second favourite are withdrawn nothing changes we still use our same horses from the forecast. Check that there are at least 6 runners and a maximum of 20 runners before you place the bet. Make sure your smallest price selection is above 3.10 on betfair, this guarantees at least some profit if it wins the race. If it is below, 3.1, Scrap the Race. Check that the Favourite is not floating around or under 2.00 odds, if it is there has to be at least 8 runners for the race to qualify. If there isn’t Scrap the race.. I recommend that the system be used with FLAT stakes and STOP AT A WINNER or WHEN IN PROFIT for the day. Stop at a winner I refer to as (SAW) and When you hit at least 1 point profit for the day I call this (FIRST BLOOD) Stopping and taking a loss is referred to as (SL)

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If we reach 10 races and still no winner (-30 points) stop betting, and take the loss (SL) If we have had winners in the first 10 races but we are still to reach a profit (FIRST BLOOD), then carry on but don’t exceed the 30 points (SL) barrier. YOUR FIRST BET OF THE DAY CAN BE PLACED EVEN AN HOUR OR MORE BEFORE RACING STARTS! We don’t currently use the IRISH or EVENING RACING but if you decide to use these we cannot see any problems, but we don’t have historical data to confirm it is as profitable. Also if you do use these meetings use a separate bank and treat it as a separate business altogether.

System Rules Summary No Saturdays No Evening meetings No IRISH racing Check that there are at least 6 runners and a maximum of 20 runners before you place the bet. If there isn’t scrap the race. Check that the Favourite is not floating around or under 2.00 odds, if it is there has to be at least 8 runners for the race to qualify. If it isn’t scrap the race. Anything above 2.10 is ok… Make sure your smallest price selection is above 3.10 on betfair, this guarantees at least some profit if it wins the race. If it is below, scrap the Race. Place your first bet of the day as early as possible, all other bets to be placed as close to the official off time as possible. 13 SAMPLE FOR FURTHER REPRODUCTION OR DISTRIBUTION 2011. www.bettingsystemprofessional.com


Place a 1 point stake on each of the three selections, regardless of price. Whilst waiting for your result set your next bet up in betfair market. Use Racing Post commentary to get the fast result.

REMEMBER Stop at your first winner, if it leaves you with a profit of at least +1.00 point (SAW) , otherwise carry on until you are in profit for the day. (FIRST BLOOD) If we reach 10 races and still no winner (-30 points) stop betting, take the loss (SL) If we have had winners in the first 10 races but we are still to reach a profit (FIRST BLOOD), Then carry on but don’t exceed the 30 points (SL) barrier. Stop at winner = (SAW) Carrying on until we make a profit for the day is called (FIRST BLOOD) Safety Net Stop Loss = -30 points (SL) What your aim should be is to make 33% profit on your bank, once per month, and as I have proved to myself this is easily achievable sticking to 1 point on each selection, at the end of each month you re-assess your bank and find your new 1 point stake amount. Example; Month 1 - £600 End of Month 2 - £800 End of Month 3 - £1064 End of Month 4 - £1400 End of Month 5 - £1800 approx End of Month 6 - £2400 approx 14 SAMPLE FOR FURTHER REPRODUCTION OR DISTRIBUTION 2011. www.bettingsystemprofessional.com


Reassessing your bank at the end of each month and aiming to increase your bank by 33% each month could well make in excess of these amounts, but I am trying not to blow any bells and whistles they just aren’t needed.

CONCLUSION First of all you must be comfortable with everything we discussed in the E-book, this entire system is based on the ‘a winner is due’ theory and whilst it hasn’t let me down and I’m having a hard time finding a period where it would have – this type of system requires that your mindset is geared to the idea that you could lose the whole bank, but if you follow my recommendation I very much doubt that will ever happen but this is gambling after all! The upside of that is that the rewards are pretty impressive. Unlike betting on favourites where your profits are small and a couple of losers can easily leave you at a loss, when your winners turn up at odds of 8/1; 10/1; 12/1; 14/1; 16/1 ; and even 25/1 and 40/1; it’s much easier to reverse a negative position. For some people the biggest disadvantage is the amount of time needed to operate the system but, business is usually ‘done and dusted’ within an hour or so each day so it’s not as bad as it might seem. Most bookies allow a minimum of 10p stake so it is possible to get off and running on a modest bank (remember, I started on £30) but make sure you have sufficient ‘points’ (even if a point is 5p). If you don’t, and run out of cash after a few bets, don’t check the results – you’ll be gutted. Don’t forget (or avoid) to follow it on paper until you’re familiar with it, this really is important. This is a pretty ‘fast moving’ system, you need to know what you’re doing, and learning ‘on the job’ could end up being expensive. The attraction of this is that you can win a decent amount of cash fairly quickly. I do very well out of it and it’s an exciting system to operate but don’t forget this is a ‘winner is 15 SAMPLE FOR FURTHER REPRODUCTION OR DISTRIBUTION 2011. www.bettingsystemprofessional.com


due’ type of system and there’s always the very real chance that one day the winner won’t come. Don’t bet with money you can’t afford to lose (not just with this, that’s a GOLDEN RULE) and don’t get carried away – if you build up to a decent bank and pull down £50 - £100 a day then you’re well ahead of the crowd. And my final word – enjoy your betting and stay in control, if your betting is taking over your thoughts at every waking hour – STOP – it’s not worth it. Many thanks for being with me, the very best of luck, and I sincerely hope you get as much out of this as I do.

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The Life System  

The Life System B B Y Y X X P P E E R R T T B B E E T T SAMPLE FOR FURTHER REPRODUCTION OR DISTRIBUTION 2011. www.bettingsystemprofessional....

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