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The strike rate for the service will never be very high and we
don't really want it to be too high either.
Usually the strike rate of losers against winners is around 50%
each month.
It's not often you will hear a racing service say what we are
about to say but in our case it really is true.
"Strike
rate is NOT important.
In fact we want some bets to lose!"
As you may have seen in the staking
plan when a horse wins a race we double the amount
placed on the next one. We only bet on horses that are at odds
lower than 3.00 on Betfair
or Betdaq
so that the next bet we make will generate profit.
With the odds we bet at never going above 3.00 (2/1) we should
never have to pay out more than we can win on the next race.
For example:
if we bet £10 on a race at odds of 2.25 (5/4) and lose we
will pay out £12.50.
When the next bet is placed at £20 (double the original
stake) and it loses its race (i.e. we win) we get £20 back.
We just made £7.50 profit because the
first horse was a loser for us!!!!!
This is why strike rate is not important as
a Betting Exchange Bookie and this is why we make such good profit
each month.
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