Many of the readers of my site tell me they have a good idea for a betting system.
Or that they have an interesting variation on a commercially available idea.
And they’re often right to be excited.
But, in my experience, what often trips them up is knowing how best to test their new method.
Because, although they usually agree with me that testing is important, they often lack the necessary spreadsheeting skills to record and analyse their results data properly.
So: I thought it would be a good idea to release a spreadsheet or two on the site that would simplify the task of data capture and analysis.
And you now can get the first one by immediate download from this page….
Many people appear to use spreadsheet tools as little more than big electronic notepads.
They will calculate all sorts of sums manually then just key in the results – rather than letting the technology do the grunt work for them!
This is creating work – and almost guaranteeing inaccuracy.
Because invariably, following a manual process will produce lots of calculation errors – which simply wouldn’t happen if the spreadsheet were set up to do the sums for you.
Testing doesn’t have to be this hard!
I have put together an Excel spreadsheet that you can download for just £5 + VAT from here.
An OpenOffice version is also available for the same price by email request to [email protected].
The spreadsheet covers the noble art of backing horses, including each-way and straight win betting at both the bookies and Betfair.
It is super-quick to use and, in return for very modest effort on the user’s part, automatically produces analysis of:
- strike rates
- return on investment
- capital growth.
It also allows you to compare performance between backing at the bookies and the exchange, including handling Betfair Starting Prices and each-way betting.
I think you will find it very easy to use, but, to make life even simpler, I have put together a completely free and comprehensive User’s Guide that you can get your hands on here.
You may wish to read the User Guide before buying anything to find out exactly what the spreadsheet does.
To receive the password for the spreadsheet, simply click on the Paypal button below.  The price is £5 + VAT at your local rate.
Summary
I will produce additional spreadsheets for laying and trading in due course.
But backing remains far more popular so is the obvious place to start.
Using tools like the the Lay Back Horse Racing Backing Spreadsheet has made me a lot more successful in my own testing and trialling.
It’s an approach that introduces rigour and discipline into the process and, by automating the calculations, drastically reduces the effort required.
Once you get the hang of the spreadsheet – which shouldn’t take very long at all – you should quickly find it becomes easy to track and analyse your betting.
If you have any questions, do drop me a line at [email protected].
And of course, if and when you come up with your killer system and would like to tell me about it, do get in touch!
Lucy
Passed Reviews
After six months of tracking bets from BSP Profits, I’ve gathered a terrific set of results. It has been a success and I’m happy to recommend their service.I finished my trial with a profit of £374.10, using £10 per point stakes, resulting in a 37.41% increase in my bank. The return on investment was an
I review a lot of products on my site, and it sometimes does take a lot of patience to keep plodding on, particularly when things don’t go according to plan. (If you don’t quite follow my drift, try reading through the First Place Winners thread. It’s been woeful). So it is a great pleasure when
Underdog Racing Tips has achieved full marks and the easiest PASS I have ever given, with three months of profit in my trial and a phenomenal set of results. There was £2,092.80 profit to £10 stakes in month three, so added to the profit I have already accrued, that is an absolutely fantastic total of £6,588.88
Goal Profits is a complete football trading community. Membership includes everything you need to trade football including research tools, live stats, education and support. Rather than rely on tipsters who can disappear at any moment, the Goal Profits team believe it’s better for members to learn how to trade profitably. They certainly put a lot of
I’ve completed my three month trial of Shrewd Racing Tips. The service turned out to be pretty solid, but it didn’t totally sparkle the way I hoped. Don’t get me wrong, it did perform well, but I couldn’t quite match the official results as the advised prices weren’t always available. After three months, the effect on
I finished my Hanbury Racing Tips trial with £1,569.90 profit using £10 stakes and a return on investment of 43.6%. That works out as 52.3% bank growth, earning the service a clear pass.Richard clearly has a working system here, being able to find value horse tips at massive prices. It’s a sign of his success
I have been trying to purchase your ew betting sheet for ages, but cannot get any further than buy here
Hey Eric, Sorry, this is an old post that Lucy had put up quite some time ago and the spreadsheet is no longer available.