RACING SYNERGY 1
RACING SYNERGY We hope that this short manual, along with our videos, will give you some idea of the power of this superb piece of betting software and help you to make the decision that will put all of this betting power directly into your hands. Not only is it the most efficient arb and free bet finder, it also has its very own, highly effective system for predicting whether a horse will shorten in price on the exchanges. TO GET STARTED: You can use either of the two main exchanges, Betfair or Betdaq, to gather the exchange price. You can also use either of the Bestbetting or Oddschecker bookie price feeds. Having this versatility is particularly useful as those of you who bet regularly will know, there can be the odd occasion when websites are not fully functioning for a short period of time. Being able to switch websites is an excellent feature of the software. Put in your exchange Username and Password and tick the terms and conditions box to get started. 2
THE RACING SYNERGY INTERFACE: Despite its immense power, the Racing Synergy software has an incredibly simple and user-friendly Interface! The Available Races window allows us to choose all of the races we would like Racing Synergy to scan. The Race Details window shows the current race that is being scanned. It shows the time of the race, its location, the distance and type of race and the number of runners. The Qualifiers window shows all of the horses that have met the criteria we have put into the Settings before starting the scanner. Start tells Racing Synergy to start to cycle through the races we have selected. Select All allows you to choose all of the races in the Available Races window. Deselect All removes all of the races from the Available Races window. 3
Reload adds all new races that can be scanned and is particularly useful if you have left Racing Synergy from the previous day. Show>> lets you look at any individual race that may interest you when the scanner is stopped. Refresh will instantly collect all the new data from the bookmakers and exchanges and re-calculate ROI % based on this. Done is to be pressed after the bet has been taken. This will ensure that the horse is removed from any subsequent scans, to avoid the possibility of betting it again by accident. Part Bet leaves the horse in subsequent scans but it will re-appear in italics if it becomes a qualifier again, letting the user know that he has already bet a small amount on the horse. Remove allows you to remove a selected horse from the Qualifiers window. Remove All removes all horses from the Qualifiers window. Both Remove and Remove All do not operate in the same way as Done, as the horses will re-appear in subsequent scans after using Remove or Remove All. In the Race Details and Qualifiers windows there is information on the Market and name of Runner, the Lay Odds and Lay Amount available at those odds on the exchange, the Best Odds available at the Bookies, the Bookie(s) that are offering those Best Odds, the ROI% that has been calculated and the 5 Star Steamer Rating. THE BOOKIES: Racing Synergy allows you to pick just those Bookies that you want to bet with! Before starting the cycle of races for the day, simply choose the Bookies whose prices you want to be compared with those of the exchanges. Go to File, Bookies. 4
Note that it is possible to use either Betfair or Betdaq for exchange prices. SETTINGS: Racing Synergy allows you to set the strict criteria that you want to determine which bets become Qualifiers! Before starting the cycle, make sure that you have set up the Settings as you want them. Go to File, Settings. 5
In Default Bet Type, I have chosen to look for horses that will allow me a Free Back Bet. In Cycle Options, I have chosen to have an Audible Alert when a qualifying bet is found. In Stop cycle when arb found, I have chosen that the Racing Synergy cycle of races should stop so that I may investigate a qualifying horse, before re-starting the cycle. In Analysis, I have set the parameters before starting the Racing Synergy cycle. - I am wanting to bet at least 50 on any horse that becomes a qualifier. This is the Target Back Stake. - My Exchange Commission % for today is 4%. - I want to only consider horses that will make me a minimum of 2% return on investment. This is Minimum Bet ROI%. - As I am only looking for Free Back Bets today I am not particularly bothered about whether the horse will subsequently shorten in price so I leave the Racing Synergy 5 Star Steamer Predictor on 0 stars. This is Minimum Rating (0-5). - I am not interested in betting horses over 100/1 so I set Maximum Lay Odds to 100 and Maximum Back Odds to 101. 6
- I am not interested in backing horses that are odds-on so I set Minimum Back Odds to 2. - As I will also be laying to achieve a Free Back Bet I want to ensure that there is plenty of money available on the lay side at the exchange, so I set Minimum Lay Amount to 50. After doing this, I click OK and anything that appears in the Qualifiers window once the cycle has started will match the criteria I have requested here in the Settings. SAVE BETS: Racing Synergy has an excellent feature that will store information on the bets you have made so that you can analyse them in detail later. After you have bet a horse and pressed the Done or Part Bet buttons, Racing Synergy will store important information about those bets as a csv file that you can open for analysis in Excel. These horses have appeared in the Qualifiers window and we have bet them all. We then go to File, Save Bets: 7
Choose a name and location for the csv file: You can then open up the saved bets in an Excel sheet for convenient analysis at a later date. DIFFERENT APPROACHES TO BETTING THE QUALIFIERS: Racing Synergy allows you to take different approaches to the valuable bets it finds! The first thing to make very clear here is that ALL of the bets that Racing Synergy finds are potentially good bets, but we do appreciate that everybody has different betting styles and is likely to develop their own way of approaching the Qualifiers. To this end, Racing Synergy allows a number of different strategies to be employed by the bettor with instant mathematical calculations carried out to aid staking. The bettor can structure his bet in 5 main ways. 1. A Maximum Return, where the bettor will lose his stake if the horse loses, but he is safe in the knowledge that if he continues to bet the horses that have a greater price with the bookmaker than with the exchange, probability is on his side and he will make money long term. 2. A Free Lay Bet, where he will lose no money if the horse wins, but he will win money if the horse loses. 3. A Free Win Bet, where he will lose no money if the horse loses, but he will win money if the horse wins. 4. An Equal Return, where he will win the same amount of money regardless of the horse winning or losing. 5. A Back-Lay Trade Bet, where he will initially back the horse with the bookmaker, but will then look to lay the same horse later on at a much 8
lower price. To this end, Racing Synergy has its own unique and highly effective 5 star rating for predicting a horse s chances of shortening in the market. A FREE BACK BET WITH A QUALIFIER: Once a horse has appeared in the Qualifier window we can double click on it to take us through to the Analysis window for that horse. Here Racing Synergy automatically works out the stakes required to achieve either of Bets 2,3 and 4 above. In the case of the Back-Lay Trade Bet, a Trade Calculator is available to help the bettor structure his bet. This Trade Calculator can also be invaluable if you decide to change the amount or type of bet that you want to have on that horse. Sarwin, above, has appeared in the Qualifier window of Racing Synergy as it has met the qualifying criteria. Our first task is to determine that it is actually available at the bookmaker. Bet365, Paddy Power and VC Bet are all offering 20/1. It is clearly available so we take the 21 at Bet 365. We double click through on the Qualifier to take us to the Analysis window. Despite an early drift on the exchanges Sarwin has started to shorten on Betfair, thereby creating this discrepancy in prices. 9
If we now back the horse at 21 for 50 with the bookmaker and lay 52.08 on Betfair, the worst we can do is lose nothing! If the horse wins, we win 62.56! AN EQUAL RETURNS BET WITH A QUALIFIER: The horse Alterenthela has appeared in the Qualifier window. In this case we have set Racing Synergy to give us potential Equal Returns. It is clearly available at 12 with 2 bookmakers but it has shortened rapidly on the exchanges and there is over 400 to lay on Betfair at 11. If we chose to, we could back the horse for 100 and instantly lay it for 109.49, guaranteeing us a return of 5.10, regardless of the outcome. 10
Of course, if the large amount of money remains available to lay on the exchange we could increase our stakes and use the trade calculator to determine our potential profit on the Equal Returns option. However, there are a number of other ways we can play the situation. We can structure the bet of 400 to allow us a Free Back Bet, as previously highlighted with Sarwin, where we lose nothing if the horse loses and we win 233.30 if it wins. Go to Tools, Trade Calculator. We can structure the bet to allow us a Free Lay Bet, where we lose nothing if the horse wins and we win 22.40 if the horse loses: 11
THE BACK-LAY TRADE: Racing Synergy is really in a class of its own when it comes to picking those horses that are likely to shorten in the market! Racing Synergy has its own unique 5 Star Steamer Predictor. We grade horses from 0 Star through to 5 Stars. Even the Racing Synergy horses that are classified as 0 Star have a much greater chance of shortening than lengthening on the exchanges. We use the present weighting of money in the markets, allied to analysis of more than 30,000 bets to determine this Star Rating. 3 Star horses have an excellent chance of shortening, 5 Star horses have a superb chance of shortening. If we then ally this information with the trading profile the horse has shown on the exchanges, we are in a fantastic position to set up the Back-Lay Trade, as demonstrated below: Athwaab Athwaab has appeared as a Qualifier with a 4 Star Rating, indicating that Racing Synergy predicts that it has a very good chance of shortening further in the market. Obviously it will not shorten every time but as bettors we realise that probability is on our side so we take a closer look at this Qualifier. 12
When we look at its trading profile on Betfair we are encouraged by the general support there has been for the horse since trading opened and as amounts bet have increased the horse has continued to shorten. A line of best-fit drawn through the trading graph would imply that the horse will continue to shorten. Athwaab is ticking all the right boxes. It is a potential arb with bookmaker prices greater than exchange lay prices. Racing Synergy has analysed its database and the present weight of money in the market and has assigned it a 4 star rating for potential shortening. Lastly, the trading profile for the horse has been a positive one. Put these 3 factors together and we often have the Synergy effect which leads to a considerable further shortening in the horse s odds. We make sure that it is available at the 2.62 or 13/8 with at least one of the 4 bookies and place 250 on the horse to win. 13
We then sit and wait or, alternatively, place a request to lay the same horse on Betfair for a price considerably below the 2.62 we have backed it for. The horse is a favourite and has every chance of winning so we look to use the Trade Calculator to work out the Free Back Bet returns if we lay at 2.30. If the lay bet is matched at 2.30 for 263.16 we stand to lose 0 if the horse loses but we win 62.89 if the horse wins. As you can see from the following screenshots, the horse actually traded below 2.30 and actually sp d on Betfair at 2.26, but we will not grumble as we set our stall out and made a healthy profit as the horse won convincingly. 14
Royal Blade On the same day and within seconds of Athwaab, Royal Blade appeared in the Qualifiers window. It was at Totesport and 5 other bookies at 34 with a 2 Star Rating. We see that Royal Blade also has this positive trading profile where prices have steadily fallen on Betfair. The horse is definitely available with the bookies at 33/1. 15
Given that the horse has higher odds we only bet 30 on the horse and we also look to have a Free Lay Bet using the Trade Calculator. Some 30 minutes later the horse has shortened to 21 to lay. We now stand to lose nothing if the horse wins and 17.02 if the horse loses even at the maximum 5% Betfair commission. 16
Obviously a lot depends on the mentality and resilience of the bettor here as one could wait longer anticipating a further shortening of odds or one could have a Free Back Bet where a 30 bet at 34 followed by a lay stake of 31.58 at 21 leaves us with no loss if the horse loses but a 358.40 profit if it wins. As it turned out, the horse did shorten still further and was an on- course steamer too but it finished mid-division. What you should quite clearly see here, however, is supreme logic in selecting those horses that have an excellent chance of shortening in price. How the bettor then chooses to structure his bet is entirely a matter of personal choice and ultimately accepting personal responsibility for the decisions that are being made. 17
We sincerely hope that this snapshot of what Racing Synergy does and the betting power that you will have at your fingertips will convince you to invest in it. We really do not see ourselves as gamblers at all. We see ourselves as investors! We know that you will feel the same way when you have a copy of Racing Synergy! The Betting Automation Team 18