February 27th 2010 How To Spot Horse Racing Scams
Today I am going to be speaking about horse racing betting software and why I think it doesn’t work at all. Sports betting systems are very popular and a lot of software programmers have joined the market by making software programs aimed at horse racing. The software applications themselves are always very well made and professional. Despite the ease of use the systems inside the software just don’t work, they are basically the martingale system. The way the software works is, you enter the odds of all the different horses of a race into the software. Then the software calculates the best odds and tell you what to bet on. If don’t win the race you then pick another race and repeat the process. The problem is that after an initial loss the software will tell you to bet larger amounts on each horse. This is a never ending process until you get a win. The problem with this kind of system is that your bets become very large after only a few losses. This results in you placing large bets that you can’t afford just to cover your losses. What makes things worse is that the people that make these software programs make money from any losses that you encounter with the software. This is because they are an affiliate for the bookmaker. After you have paid for the program you will be sent to a download page. On the download page you will find the product, but you will also find links to bookmakers websites. To make sure they get as many people as possible to click on the links they will say something along the lines of “These bookmakers have been verified and work the best with our software.” I hope you now understand how these gambling system scams work and how to spot them. If you ever find a system aimed at horse racing that is in a software format the chances are it is a scam just like what I have just discussed. A horse betting system that I have come across called Betfair Renegade is much more effective then the other software programs I have tried. As the name suggests it is designed to work at Betfair because of the better odds that are on offer.