Punt to Win
Horse Racing Betting System, Selection and Tipping Scams
Every so often we get a horse racing system marketing promotion sent in the mail.
For example, a horse racing tipping service that has revolutionised selection methods and is so brilliant it can obtain a 65% winning strike rate at average odds of $7.50. (That's a level stakes profit of about 400% on turnover!!!)
What about a winning betting system that has a maximum run of outs of just four, or a tipping service with a maximum run of outs of just three! Again completely statistically absurd claims in our view.
How about turning, "$1,000 to $250,000 in 12 months using 3% of my bank."
If it really works it's worth millions of dollars. Not just 200 measly dollars!
How about this selection method? All you need is a " Bank of $500, betting 4%. Profit $250,000. Price to purchase. Only $199."
Because we'd need to believe all these are true and more before we could even contemplate the ridiculous claims from some betting system sellers.
But as the saying goes, "A fool and his money are easily parted."
This edition of Punt to Win:
2007 Melbourne Cup Carnival Winners
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