Useful Resources:

Geegeez Gold Trial - gives you access to the "Query Tool" for finding your betting angles.

Hello once again, and welcome to module 3 of master your betting.

In this module, we’re first going to explore an alternative method of finding betting angles using a different resource, namely the Query Tool, which is available through Geegeez.co.uk.

We’ll also look at:

 - The differences between betting angles and systems (if indeed there are any).

 - The four step process we can use to generate profit from these approaches to betting, without the need for further analysis.

But before we get to all that, a quick note on Geegeez, and why you should seriously consider adding their premium “Gold” service to your betting arsenal, if you haven’t already done so.

Geegeez Gold offers a vast array of Horse Racing resources, including:

 - Racecards

 - Daily Reports

 - Form Tools

 - Pace and Draw Analysis

And a great deal more. Matt, the founder of Geegeez, and a mentor on my own journey to betting mastery, put it plainly- ”Nobody uses everything!”

It’s been voted the #1 horse racing website for the past three years running, ahead of the likes of the Racing Post and Oddschecker, and is the main resource I use to find profitable bets on a day to day basis.

You can register for your Geegeez Gold trial here.

We will be using several of the resources available through Geegeez throughout the duration of this course, so the trial should come in very useful; and as I’ve already mentioned, for this module we’re going to be focusing on the Query Tool.

So without further ado, let’s head over to Geegeez to take a look at it. Like with our previous module, you might want to sign up to the trial and follow me along, to get some practise in early.

Like Horseracebase, the Query Tool allows us to research and create new betting angles. Although it doesn’t contain quite as many factors to as HRB to base our research on, it still contains a very comprehensive set of data, and the interface is, in my opinion, much more user friendly.

PLEASE REFER TO VIDEO ABOVE FOR THE WALKTHROUGH

(1 minute 50 seconds)

So, at this stage we have two clear methods for creating betting angles, and viewing a list of qualifying bets for our angles each day we want to bet.

This list of qualifiers provides us with a solid way “IN” to specific races, after which we can perform a further analysis, by comparing our potential qualifiers to the other runners in the race.

Alternatively, we can focus on developing our angles further, to increase the likelihood that they will generate profit on their own, with no further analysis necessary.

And this leads us to the question… what is the difference between angles and systems?

For most punters, angles and systems are two different names for essentially the same thing, but for me, I prefer to differentiate the two, as follows:

ANGLES- A simple set of rules based on one specific factor with proven performance.

SYSTEMS- A range of factors combined, to give a comprehensive rule-set and likelihood of profitability.

The main difference between the two, at least how they have been defined for our purposes, is the level of complexity; Angles are fairly simplistic, whereas systems are more complex and involve more rules.

The idea is, by developing a simplistic betting angle into a more complex betting system, we can do away with any further analysis, and simply bet each days qualifiers.

However, there is a drawback to this theory.

The more complex a system becomes, the more likely we are to “overfit” the data.

Overfitting occurs when we have rules in our betting systems that only work on the data we are building the system on.

This occurs most often when we create rules that make no logical sense, regarding the condition of the races and the runners in them, or by creating too many rules.

This is why many people end up with a system with great past results, but mediocre or poor real life performance.

To combat this issue, I developed a Four Step Solution which we can use to improve real-life results when creating more complex betting systems. Here is an overview of the four steps:

1. A betting system must be based on sound logic.
2. The system must be proven to produce profit
3. The system must be tested live with real money
4. No betting system is perfect, and the performance usually diminishes over time.

Now, we don’t have time to get into the finer details of these four steps in this module, which is why I’ve added my 'Systems Builder Training Course’ to your members account. You should see the link in the menu above, under “bonus content”.

In this course, I go into the four step method in greater detail, and walk you through the creation, development, and testing process.

This process is the one I would recommend, if you plan to create systems and simply bet on all qualifiers with no further analysis.

However, a word of caution on this point- In recent years, with the increasing efficiency of the betting exchange alongside other factors, it’s becoming more difficult to turn a substantial profit using betting systems alone.

That’s why in this course, I recommend using angles and systems as a way “IN” to a race, but not as a stand-alone method for producing profitable bets.

Performing further analysis on each of our potential bets, enables us to separate the wheat from the chaff, and focus solely on the strongest bets, that have the greatest chance of returning us a profit.

So that about wraps it up for the topic of angles & systems.

In our next module, we’re going to explore other effective ways “IN’” to race, including:

- The concept of Value, and how to find it

- Value Hacking techniques

- Useful Geegeez reports

I look forward to seeing you in our next module.