Dec
5
From Monday 8th December we are going to look at a completely new way of trying to make a profit from Horse Racing. The system is called the Golden Key Method. It is so different from any other system that I have ever encountered and I do not know what to expect……
When I was first given a copy of the Golden Key Method, I must admit, that I was very excited about its completely novel approach to Horse Racing Betting. Just for the sake of my curiosity I wanted to test this system out. At first glance, the system looks potentially complicated, however, having read the system book a number of times, there is potential that, for mathematical reasons, this system SHOULD work, however, at this stage, I think it is more accurate to say that, for mathematical reasons, this system COULD work.
I keep saying the word “Mathematical” because it really is based on maths. I must admit, personally, I do prefer these kinds of systems where there actually is some real logic why the system could show a profit. I really don’t like the kind of system where you are told to lay all the jockeys wearing blue caps at race meetings where there is the letter “O” in the name of the racetrack. On the basis that over the last five years, the blue cap jockeys have always done badly. We all know that the author has already analyzed the yellow and red cap jockeys and found nothing. In other words most of the systems on the market these days, may have worked well in the past, but there is no reason why they should continue to work. However, I think it is safe to say, if this system works, then there is a very high chance that it will work for evermore.
The only problem with testing this system is that the selections that I find will probably be different to what other people find. That may sound a little dodgy but I really don’t think it matters too much. If the concept holds up on one horse then it should be applicable to lots of horses. I know that it all sounds a bit mysterious but I did warn you that this system is like no other system that I have ever encountered.
Obviously I cannot go into too much detail about the system, all I can say is that when a loss occurs, it should be very small. It just depends on whether the wins are large enough to make it worthwhile.
Personally, I can’t wait till Monday December 8th when I will start testing the system.
I will post the results here every evening once the racing has finished for the day…..
Having spoken so enthusiastically about this new system, I must admit that I am now expecting one big massive anti-climax. I would like to believe the author with his claims of big profits but I just don’t know……I guess that is why I am here……
Our Golden Key Method Review will come when we are finished testing it.
All the results will use BetFair SP. All winning trades will be subject to 5% commission.
Dec 8th
13 Selections Today.
-0.29 Points.
From what I have seen from past results, the number of points won or lost within a particular day is quite small. But remember, 1 point can be anything you want it to be.
TOTAL PROFIT / LOSS: -0.29 Points.
Dec 9th.
A much more comfortable day today.
27 Selections Today. (I guess that sounds a bit “Scary” but the overall process could not have taken much more than 30 minutes of my time).
+5.32 Points.
TOTAL PROFIT / LOSS: (To Date) +5.03 Points.
Dec 10th
19 Selections Today. Quite a few non-runners today, which makes life difficult for me.
+3.60 Points.
TOTAL PROFIT / LOSS (To Date): +8.63 Points.
Dec 11th
11 Selections Today.
+2.10 Points.
TOTAL PROFIT / LOSS (To Date): +10.73 Points.
Dec 12th
22 Selections Today.
+4.31 Points.
TOTAL PROFIT / LOSS (To Date): +15.04 Points.
Dec 13th
12 Selections Today.
+0.89 Points.
TOTAL PROFIT / LOSS (To Date): +15.93 Points.
Dec 14th
13 Selections Today.
+0.32 Points.
TOTAL PROFIT / LOSS (To Date): +16.25 Points.
Dec 15th.
23 Selections Today.
A very “Frustrating” day today with 10 of our selections coming second. Even more annoying was the fact that two of them had traded at 1.13 and 1.04 in-running before they lost.
So a “Bad” day…With only +0.71 Points.
TOTAL PROFIT / LOSS (To Date): +16.96 Points.
Dec 16th.
16 Selections Today.
+1.65 Points Today.
TOTAL PROFIT / LOSS (To Date): +18.61 Points.
Dec 17th.
24 Selections Today.
+4.90 Points Today.
TOTAL PROFIT / LOSS (To Date): +23.51 Points.
Dec 18th
12 Selections Today.
+1.65 Points Today.
TOTAL PROFIT / LOSS (To Date): +25.16 Points.
Dec 19th
9 Selections Today.
+1.96 Points Today.
TOTAL PROFIT / LOSS (To Date): +27.12 Points.
Dec 20th
35 Selections Today.
+4.03 Points Today.
TOTAL PROFIT / LOSS (To Date): +31.15 Points.
Dec 21st
7 Selections Today.
+1.81 Points Today.
TOTAL PROFIT / LOSS (To Date): +32.96 Points.
Dec 22nd
17 Selections Today.
+3.67 Points Today.
TOTAL PROFIT / LOSS (To Date): +36.63 Points.
I have just spotted that there are EIGHT UK race meetings on Boxing Day (50 Races)……If the system survives that, then it will be a “Miracle” and I think we can conclude that we have a winning system……Thinking about it, if I survive that….It will be a “Miracle”……
Dec 23rd
It was a very slow day today. I probably tried too hard today to find some selections.
9 Selections Today.
-1.95 Points Today.
TOTAL PROFIT / LOSS (To Date): +34.68 Points.
It just goes to show that patience is always so vital with anything you do in life……
Well, I don’t think I will have any trouble in finding any selections next time……
Dec 26th.
A lot of “Huff and Puff” for a small stressful profit.
One highlight of the day was that William Hill let me place £2,000 on one of the selections, Kauto Star, at 11/8. (Traded 4.2 in-running but got there in the end).
32 Selections Today.
+2.43 Points Today.
TOTAL PROFIT / LOSS (To Date): +37.11 Points.
Dec 27th.
15 Selections Today.
+0.74 Points Today.
TOTAL PROFIT / LOSS (To Date): +37.85 Points.
Dec 28th.
13 Selections Today.
+2.83 Points Today.
TOTAL PROFIT / LOSS (To Date): +40.68 Points.
Dec 29th.
11 Selections Today.
Our luck ran out today……
-1.43 Points Today.
TOTAL PROFIT / LOSS (To Date): +39.25 Points.
Dec 30th.
11 Selections Today.
+0.99 Points Today.
TOTAL PROFIT / LOSS (To Date): +40.24 Points.
Dec 31st.
8 Selections Today.
+0.01 Points Today. (Almost “Laughable”)……
TOTAL PROFIT / LOSS (To Date): +40.25 Points.
Jan 1st.
31 Selections Today.
-0.90 Points Today.
Another “Exhausting” and “Frustrating” day today. Exhausting because there were 31 selections to monitor and frustrating because 11 of the selections finished second including two horses that traded 1.04 and 1.05 in-running before they lost. It is so easy to say in hindsight that I should have layed them in-running.
TOTAL PROFIT / LOSS (To Date): +39.25 Points.
Jan 2nd.
23 Selections Today.
-0.41 Points Today.
Another “Unlucky” day again……The big question now is….Have the last two days just been “Unlucky” or was it that the previous 24 days were “Lucky”……?
TOTAL PROFIT / LOSS (To Date): +38.94 Points.
Jan 3rd.
12 Selections Today.
-1.89 Points Today.
The “Slide” continues.
TOTAL PROFIT / LOSS (To Date): +37.05 Points.
Jan 4th.
No selections Today.
Jan 5th.
6 Selections Today.
+0.05 Points Today.
Quiet Day Today.
TOTAL PROFIT / LOSS (To Date): +37.10 Points.
Jan 6th.
No selections Today.
Jan 7th.
4 Selections Today.
-1.25 Points Today.
TOTAL PROFIT / LOSS (To Date): +35.85 Points.
Jan 8th.
3 Selections Today.
-0.15 Points Today.
TOTAL PROFIT / LOSS (To Date): +35.70 Points.
Jan 9th.
5 Selections Today.
+0.65 Points Today.
TOTAL PROFIT / LOSS (To Date): +36.35 Points.
Jan 10th.
5 Selections Today.
+0.20 Points Today.
TOTAL PROFIT / LOSS (To Date): +36.55 Points.
Jan 11th.
3 Selections Today.
+0.10 Points Today.
TOTAL PROFIT / LOSS (To Date): +36.65 Points.
TOMORROW will be the LAST day of trialing and then a Review Summary of the system.
Jan 12th.
2 Selections Today.
+0.20 Points Today.
TOTAL PROFIT / LOSS (To Date): +36.85 Points.
With the return of the “Good” weather, I have decided to continue the trialing for the moment.
Jan 13th.
8 Selections Today.
-0.35 Points Today.
TOTAL PROFIT / LOSS (To Date): +36.50 Points.
Jan 14th.
7 Selections Today.
+0.30 Points Today.
TOTAL PROFIT / LOSS (To Date): +36.80 Points.
Jan 15th.
9 Selections Today.
+1.57 Points Today.
TOTAL PROFIT / LOSS (To Date): +38.37 Points.
Well, I guess it is time to wrap things up and to make an attempt to summarize The Golden Key system.
Firstly, on a positive note, I have to say that this is the first system that I have encountered where there really is a very good logical reason why this system performs so well. The other positives are that the selections are very easy to find and once you realise that many bookmakers can be used, there are always going to be many selections available every day. As we can see from the results, the losses, when they occur, are quite manageable.
A good way to summarize the Golden Key Method is to say that the system’s skill is that it finds selections which will, at worse, more or less break even. However, luck is certainly required to turn that break even scenario into a winning scenario.
However, over the last few weeks in using this system for real, I have found the more effort I have put in, the luckier I have found myself becoming. I guess it reminds me of the quote from Gary Player, the South African golfer who, in his time, was regarded as one of the luckiest golfers on the circuit. He often acknowledged that he was indeed a very lucky golfer, however he also made the observation that the harder he practised, the luckier he became. That certainly is the case here. Unfortunately, the author of the system gives the impression that once a selection has been made, there is nothing more to do, however, to really maximize your profits, you really do need to be around just before the race starts to capitalize on some luck (or use a betting bot).
The big question is, for the amount of time that you may have to put into the system, is +1 point a day going to be enough compensation. I guess it is if you are able to place £100 bets. However, since there is an element of Bookmaker trades going on, if you start to win using an online Bookmaker account then sooner than later you will have your bet size reduced. (NOTE FROM ADMIN – It’s quite easy to “fake a loss” at a bookmaker so that you lose your money in your bookmaker account but win it on Betfair so this is no real problem)
The big question is, would I recommend this system to anyone.
The answer is based on the kind of person you are…..If you are the kind of person who has the patience and time to sit in front of your PC and willingly accept that you could be in front of your PC for three hours just to conjure up +0.05 of a point then the system is for you. There certainly will be days when just twenty minutes work could result in +5 or +6 points. There is just no way of telling how the day will turn out.
So it really is “Horses for Courses”……
It is certainly worth trying the system, obviously with small stakes, and then if you find that the style of system suits your life-style then to really use big stakes because messing around with £10 stakes is just not going to get you anywhere.
This is certainly a system worth looking at, providing that it suits your life-style.
Download The Golden Key Method here
Hi Admin,
If purchased I was wondering if it would be possible to “back test” this system using archived results.
Hi PC
I must say I really don’t know
Maybe Mark who is going to do the test knows more about it.
Hi PC,
The easy answer to your question is “NO”….
I am trying it today and tomorrow, other than that I cannot say anything else that is going to make you “Happy”……
By the way – it’s not me but Marc who will be doing this review
Just one word of warning before you all going rushing out to purchase this system……It does require a little dedicated time late morning to analyze the selections. Unfortunately, this kind of analysis can only be done during this time frame.
So for those people who take early “Business Lunches”, this is probably NOT the system for you……
admin thanks, just didn’t want to disrupt the other users. I understand that even recommended systems will have losing days and bad months however you and everyone here seem to have been analysing these systems for a long time. Surely there are some that you have found that make a good profit over long-term (so these losing days/bad months seem like just a blip? or do you tend to use a mix of the recommended systems? thanks, Groucho
I would definately recommend a mix of systems
and can i also ask, are all these schemes a sham? i mean admin, have you actually made a lot of money from any of the recommended systems? they all promise 000’s of pounds which i just can’t believe…
Well, admin, we can start a new thread about system portfolios! A mix of good systems is definately something a serious bettor needs.
Groucho=> You are right don’t believe that they will make you thousands of pounds unless you use high stakes.
I earn most of my money on my online shops. I would never dream of living of betting since it’s simply too uncertain and too many ups and downs. The system that made you loads of money last year could suddenly lose you money the next year, and you need to pay your bills no matter what.
The potential of profit is also far better with a online shop than betting can offer
sorry admin, do you mean by online shops just like selling goods, nothing to do with betting systems? what i mean to ask though is do these systems get you a good amount of money for a comparitively little amount of work or do you have to sit at a computer all day to make any decent cash?
the above link is an affiliate link again???
http://www.stevedavo.com/idevaffiliate/idevaffiliate.php?id=104_6_3_4
Hey Marc,
why do we have both an exchange and one or two bookies accounts?
That seems to complicate matters for overseas users.
Looking at the wording of the sales page, and the fact that you cannot backtest this system, I assume we have a system that looks at steamers (possibly drifters) at 11am each morning, back them then lay them off for a free bet or equal profit.
Hey Greg,
All I can say Greg, is that it is a requirement of the system……
I don’t see why “Overseas Users” would have any problems. If you are in a country where it is legal to use BetFair then you are in a position to use “Bookmakers’ Accounts” as well……?
I wouldnt get too excited about the Golden Key method. I have pruchased systems by this author before and was not impressed. The only system i have ever made ‘real’ money out of is Little Acorns, its not mountains of profit, but it does build up. I have been using it from April and every month since has been a winning one, so there are a few out there that work. Jay
Well, the first day’s result, see above, was an uneventful -0.29 Points. Looking at past results, this was a “Bad” day……The good news is that, if this is a bad day then the good days will most certainly overcome our bad days……Providing we have some “Good” days.
Sounds to me as if this is just a variation of The Balay System where you back with bookmakers and lay off on Betfair at a lower price?
Jon
#18 Jon
That sounds right to me. The ‘mathematical’ bit will be something like take the avg of the prices at 11am, if bookmaker ABC is X percent above the avg then back the horse. “Then watch as the price comes in and you secure yourself a free bet”.
Quite good start looking forward to see how it goes since it’s quite different from all the other systems we have tested.
Hi, I am the creator of the system. It is nothing like the Balay System. Also yesterday I made a 8.55 points profit which was proofed to Marc (the tester). Anything I can help with let me know.
Hi Marc, Can this system be used with BETDAQ instead of BETFAIR? As I use Betdaq
Tar
Toby
I have a question.
On the web site it says:
“The creator, whilst using it has never recorded the results. All he has done is bank the money ( well spent it more likely.)”
Further down it says:
“The Creator says months of 100 points profit is not out of the question, as you can see in 32 days it is up 107 points!”
My question is how do you know how much profit you will make if you don’t record the results?
Thanks, Steve
PS, Nice to be referred to as God
why are the results for 8th and 9th dec different fron the website?
Hi Mikey,
The system uses the BetFair SP concept. However, you can always simulate this concept on BetDaq……?
Come on folks you cant take those Advertising Sites for Serious,…. lets just concentrate on the System Performance
Hi david,
Yes david, my results and the results published on the Golden Key Website are different. The problem is that two humans will come up with different selections each day. To be fair to Toby, he has sent me his selections BEFORE the race meetings have started and I have checked his results and they are fine.
The two of us are coming up with a lot of common selections, however, a couple of his selections which I did not find did do very well, hence his figures are better than mine. It is not that I was not good enough to find his selections, it is just that, depending on the time of day the selections are analysed, different selections will be found.
I hope that makes some sense……
Toby
Do you offer a subscription service for people that haveen’t got the time/inclination to search for the qualifiers themselves ?
JOHN
Hi Toby,
Just bought your system, already emailed you with my question but thought it may be quicker getting it answered here. how the heck do I lay sp on betfair? keeps coming up below min permitted. Lets say I wanted to lay £3 at sp as my return if the horse loses what do i do or how do I set this up with betfair?
regards
Tony
Hi TonyT,
You can always email me at zen37798@zen.co.uk if you have any questions.
On BetFair the minimum liabilty that you must have to place a BetFair SP trade is £10.
If you are around near the start of a race it is probably best to lay the bet manually as close to the off as possible. Otherwise use some automated software to do the job.
Thanks Marc, Toby has just emailed me back.
So, I am right. This is just backing steamers with a bookmaker and then laying off at a shorter price on betfair. There must be dozens of systems like this.
Doesn’t sound “new” to me.
Jon
#32 Jon
You are correct. Although my previous post detailing how to do this was never posted.
Steve=> Check your email
Well, it’s no secret how to do this. I recommend looking at The Balay System which includes staking ladders etc.
Tell me how your system is different, Toby
Jon
Admin
Just checked, no problems. I get so much spam!
Hi everyone. Thanks for your interest. Please see answers below.
Hi Steve, This is from personal experience & rough profit achieved in the past. I do have over 1100 horses in a spreadsheet which is of a more detailed past results. When I first showed the system to Steve (the other half of the joint venture) I told him the rough profit figures & then proved it to him over the course of a month. I understand that claims such as those on the website maybe hard to believe. But I have sent the system of to several review sites on my own behalf. The system does involve the price movements of horses but is nothing like you make out. You seem like the pessimistic type so my adive is to just ask those who have already bought the system. The word “impressed” will probably be your first response.
Hi John. Selections take half an hour of less to find. I am afraid the system is not really built for a tipping service.
Hi Tony, let me know if you received my reply & the updated manual. Thanks for your purchase BTW.
Hope this helps Guys. Cheers, Toby.
looking on the web site .. there doesnt seem to be a money back gaurantee
spending £60 on a promise its a bit too expensive for me
Just a quick summary (and on a sidenote i am one of the pessimists too
)
1. We have good loking first results on this review page.
2. We have no Money Back guarantee.
3. We have another Review Site that canceled the Review because of “missunderstandings” (the Reviewer states that he missunderstod the System Rules + something about Mutual content that remains unclear)
Conclusion –> Waiting and having a look how this test here goes before making a purchase decision.
Looking forward to the results !
Kind regards.
Yes thanks Toby, got your updated manual, so just trying to get my head round this.
Jon,
thats what I thought initially but wanted to make sure if your guesses were right so I bought the manual, I spent a lot more on crap systems in the past so what the heck eh. You are only half right. This is not a system as such but more or strategy. It really does have logic to it. Also I can see why theres no money back guarantee because it will be open to a lot of abuse as when you read it you can just get your money back and use it. This is the first time I actually bought anything from Steve or Toby so its still early days but you do not have a risk of losing your entire bank and its very low liability. There are a few systems where I just had to get my money back because it was simply bollocks but this has opened my eyes to something new. Yes, some results can differ depending on when you check the racing but if you do it correctly you can do very little harm to your bank anyhow.
Just wondering why on earth you would need to back with a bookie and lay with betfair???
Since the odds on betfair are usualy higher would it not make more sense to back it on betfair as well as lay it on betfair?? I dont see any logik to using a bookie at all as you will just get lower oddswith a bookie and when you lay it off your profits will be always less.
Also if you dont use a fixed odds bookie your bets will always lose as your backs will always be to sp prices and your
ay will likely have higher odds than sp 95% of the time.
Am i missing something?
Please could we expand the test results a little more. Simply saying there were 19 selections which produced 3.6 points is not terribly helpful!
Surely, we can record winning bets and losing bets showing profit and loss against each bet.
So: Bet 1 win + 1 point or whatever.
Jon
Dave
I had the exact same thought as you, cos betfair is generally higher odds, but you are missing something. Once you know it, you will kick yourself how simple it is.
They cannot let known the exact horse and results simply means that the strategy will be known by a few quite easily.
We’ll let the tester do his job cos now that I know what it is I can actually vouch for the results.
I also think that I will start doing it next week if I find the time and the results continue. Then we can have at least 3 persons results each day.
Hell ya guys make me realy wonder what this stuff is about
….. maybe i take some Profits out of my betting bank and buy it for curiositys sake,.. lets see.
Toby
I’m not a pessimist, just a realist trying to see past all of the hyperbole.
Hi Tony. Thanks for helping out with some answers. Sometimes its better to hear it from an actual customer! Looks like another good profit day today! The more testers the better because I really have nothing to hide.
Toby
I give credit where I think credit is due. Theres a lot of crap systems which I can instantly say how crap it is out there and the past service of 125bets and autolays which I have been scammed out of in the past. Thank goodness they are out of business now.
This is one of those strategies where you can chose to start and stop as and when you like. It doesn’t depend on previous results and no progressive staking etc. I would say use this as one part of your overall betting portfolio. this may not be for everyone as we all have different attitudes and risk and time constraints to betting. I prefer low risk and this suits me to a tee. As long as betting remains as it is today I can’t see why it won’t work in the future. Cos with a lot of systems, there seems to be a shelf life, it works for a bit, then goes pareshaped after a while or stop producing the advertised results for some reason. I am sure we all have experienced a few of them.
I have already spoke to another person who has bought this on another forum who said this is not for them although they do agree about the logic and the workings of the strategy.
for me this is one for my portfolio.
Hi,
If anyone who has recently purchased this system and is struggling to find selections on a regular basis or requires help, I am more than happy to forward you my spreadsheet which contains the selections found from the last few days. The spreadsheet details the exact times the selections were found,the process involved and the detailed outcome of the selection.
If anyone is interested then they can contact me at zen37798@zen.co.uk.
You will need to prove to me that you have purchased the system, either showing me a relevant email or indicating some selections that you have already found.
Im having some difficulty with this myself. But no doubt it works.
Talking about pessimists wheres Glen? I want to see some graphs!!
How would the increased BF commission charge (20%) affect the workings of this system? Just curious to know, this seems like a low risk method of making steady profits.
Hi Dens,
Actually, as it turns out, this is the ideal system to combat the dreaded “Premium Tax”….Lots of “Wins” and Lots of “Losses”……Hopefully the right way round……
Hi again Dens,
You maybe getting the impression that this is a very “Boring” system that grinds out very small wins……But you have to remember, all I am showing you is the nett Profit/Loss for the whole day. There is much excitement “Behind the Scenes” which gives rise to the overall Profit/Loss.
Hi, iam able to be at the computer up till 12.30
after that im at work.
would i be able to use tis system.
many thanks.
david
I haven’t tried it yet, but my reading of the system is that once you make selections around 11:30, you can leave them ‘ride’ and go to work.
Hi,
I bought this system but have trouble to place the bet at befair. I do it exactly like the manual, but it doesn´t work, the bet is always cancelt.
Frank
Hi Frank,
If you have the old version of the system then yes there is an “Error” in how the system proposes that you submit your bet on BetFair. Basically the BetFair SP will only accept lay SP bets with a minimum liability of £10.
Please contact me at zen37798@zen.co.uk and I will tell you how to place your bet on at BetFair.
Hi Marc,
I bought the system but having trouble with placing bet on betfair, same as Frank, could I have the new version sent to my email. I send you an email already 3 days ago but no answer.
Thanks
Hi Ivan,
I have just received an email from you (Thursday Evening)…I am not sure if it was your original or a re-send….Anyway, I have replied and given you analysis of ALL the selections to date via an Excel Spreadsheet……
The analysis is written with Excel 2007 so if you have an older version of Excel, I can re-send the spreadsheet in an older format……
Thanks Marc,
I received your email and the spreadsheet and I’ll try the system again tomorow.
Regards
I don’t understand how you find so many selections. I tried it at 11:30 and found only two!
Hi Nick,
You can email me at zen37798@zen.co.uk and I can give you the selections that make up this test and the times that the selections were found……
Hello,
I`m following this System test with very great interesting. Knowing that the developer is on board here I want to ask some questions for a better understanding:
If I start with a 2 Pounds Stake and a 200 Pounds bank,
have I to split the bank on bookie and betfair or each one 200 Pounds?
The selection process is 11.30 GMT (?), but when do I set my bets ? Some minutes before the OFF or in the morning ?
And the selection process himself, is he `complicated`? Could read 2 guys told that they have different selection at the same time.
Hi
I bought this system, saved it to my PC but cannot find it! What is the file called, I know it was .pdf but thats all I can remember! Thanks in advance, Dave
Hi Dirk.
The size of the bank really depends on how prepared you are to move money about. I would say 50/50 would be ok.
The selection process can be done whenever. I only say 11:30GMT as a guide. Often I find selections at 12:00, or 12:30 GMT.
The selection process is very simple once you get used to it. Despite the fact some may get different results in the long run mathematically two parties should recieve the same P&L.
Hope this helps. Thanks, Toby.
The sales page pitches:
It can be used on all Racing, National Hunts, Flat, and AWT, and bigger USA meetings. Day and Night racing.
Does the above mean the more you work the more you can get out of it?
But those US and night meetings contradict the rule of checking the prices at 11:30 as liquidity on BF is dire at that time for nights races.
POST DELETED BY ADMIN!!!!
markvii, what on earth are you talking about? I have not had one complaint about the system. Marc the tester here is very happy. Admin please remove markvii’s comment for slander.
Marvii,
think before you speak, betgear makes software programs based around popular systems for sale!
markvii,
It doesn’t take a lot of detective work to discover that GK has been around longer than that version from betgear. So if anyone is ripping someone off it’s betgear!
My earlier reply was not published – very interesting!
I’ll try again.
Markvii, if you do your research, you’ll find that the GK method has been published before the version of the betgear software that has the arb scanner. Therefore it doesn’t look like it’s Toby that’s doing the ripping off!
Thank you very much everyone for your support & to admin. If there are any questions with regards that I can help with please let me know. Cheers, Toby.
Post was here,…. and got deleted
…. not the best way to handle things i might add (thats only my personal Opinion).
Cheers
I did not slander anyone. My previous post was asking questions and after that I simply said “Toby” if you have no right to sell it give the money back. What’s wrong with it ?
There are enough useless systems/scammers out there and one is entitled to ask questions and be skeptical. No ?
The seller/re-seller being S. davidson doesn’t help.
Yes Mark, I do have the right to sell this product. It has a copyright on it & is the first of its kind (as is pointed out on most review websites). There is no part of it copied. The link you gave was in fact of someone in violation of the copyright Steve owns so I will look into this. You are entitled to ask questions & be sceptical but making accusations is a different thing. You said something like “It will come back to get you”, that doesn’t sound like a question to me. I understand that there are a lot of scams out there but surely the 12 days of positive results here along with all the positive comments are enough to show that this is far from it. I am not hiding behind anything & as far as I am aware there is no reason to ask for a refund. Please picket another system that is actually a scam is all I recommend.
Hello Toby,
on the GK website I can see that Mark`s results have been posted. interesting had been to see the different results beetween your and mark`s results.
AND the time from , for examle: selections made beetween 11.30 and 12.30 GMT. It would be clearer to all `wannabe`customers as I am. i don`t know when Steve goes to lunch….
AND Mark had written the best would be to lay short before starting the race via BOT.
DO you do this(laying per bot) or do you set your bets `just in time ` per hand . Asking because then I have for a Bot.
Thanks again, also for your very friendly support !
Dirk
I think there may be some confusion with people trying to understand why different people have different selections at different times.
The reason is because the system does not require you to pick a horse as such. You are actually picking a horse with odds having a particular relationship between Betfair odds and the bookies odds.
This means that if I make a selection at 11 am the choices could be different to mid day. This would not matter as both choices would work in the system.
I hope that helps. I obviously can not say too much as that would give away the system.
>You are entitled to ask questions & be sceptical >but making accusations is a different thing. You >said something like “It will come back to get >you”, that doesn’t sound like a question to me.
That wasn’t an accusation either.It was a simply an observation.”If” you do something you shouldn’t do it will get back to you.
>Yes Mark, I do have the right to sell this >product. It has a copyright on it & is the first >of its kind (as is pointed out on most review >websites)
Ok.Now, as to the “first of its kind” bit let me suggest that if you look at the bet synergy and value horse method systems you will see that your system is not as revolutionary as you think it is.Nothing much new really.
The idea of using the bookies and the exchanges is old now.
Re:”as is pointed out on most review >websites”
Nowadays it is hard to find a a reliable review site.Many sites out there will positively review anything because they get money from the “authors” ?
>Iunderstand that there are a lot of scams out >there but surely the 12 days of positive results >here along with all the positive comments are >enough to show that this is far from it. I am >not hiding behind anything & as far as I am >aware there is no reason to ask for a refund. >Please picket another system that is actually a >scam is all I recommend.
12 days of positive comments ?.hhmm. As you well know some authors (j.henderson and others ) signed up using different nick to make poisitive comments on many different sites….
I doubt very much s. d. will do anything about the copyright “infrigment”.It would be interesting to see what happens if the case were brought before a uk judge.I would expect general laughter followed by the judge throwing out the case and s.d with it. lol
I wrote:”12 days of positive comments ” It should have read positive comments only. sorry for the typo
It never ceases to amaze me how readers of this site always seem to make trouble when we are still in the middle of testing a system.
We had all this tit for tat when I trialled the Life System and really I only stopped because I got fed up with all the negative comments being made before we had completed the test.
So, please everyone just give the site the chance to review a system, let the tester summarise his thoughts etc, when you can then make your own mind up about whether a system offers value for money.
I was particularly interested to see that the Betgear site (which was very critical of The Life System) may have “stolen” The Golden Key Method. Seems like Betgear are the common factor whenever flaming starts!
@Toby – I am sure Golden Key is your system but I have to challenge any claim that the system is original. Using bookmakers and a betting exchange to find arbitraging opportunities is not new. Maybe your system goes further or has found a foolproof method but the concept has been around for years.
Jon
Thanks Ant – got it in a nut shell.
Markvii – I am not going to get into an arguement & Jon definatley has a point about people giving a system negative comments before it has finished a test (which so far is actually positive).
I also do not think it fair that you suggest this review website (and many more as a matter of fact) are corrupt.
Yes I have read both Betsynergy & ValueHorseMethod. I do not see what you are getting at? These methods are something entirely different. They are compeletely different. It is like comparing a backing system to a laying system? You should try reading my method before accusing I have copied the idea of other authors.
I was also looking through the names of buyers & it happens that there is not a Mark. Did you obtain this copy illegally?
Hi Guys,
PLEASE listen to what Jon has to say – positive critisism is OK, but whatever the comment let’s keep it POSITIVE, we don’t need people on here that are simply intent on slagging people/systems off or causing trouble, whether the system is a winner or not during test. We don’t want another Life System “comment situation”
We’re all big boys/girls and can make our own minds up as to whether a system is for our portfolio or not.
Merry Crimbo to everybody
@Mark – on a positive note, if you don’t survive boxing day, at least you’ll still be able to enjoy your prezzies for one day!! You could always come to Carlisle with me to watch Huddersfield, but on second thoughts – death by Betfair could be more pleasant!
Cheers
Simon
Gents,
I have brought up the value horse method and bet synergy system because they were the first betting systems/methods ,that I am aware of, that used the bookmakers and the exchanges to find value.
When I said the GK method is nothing new I had in mind bet synergy in particular.bet syenergy can be used in different ways.back the horse on the nose, back it each way or lay it off before the start of the race. So if the horse meets the criteria you back it with them books and if you are the cautious type you can lay it off later.
The idea is not new as you see.
Now, do you understand what I am getting at, Toby ?
I suggest you read both bet synergy and value horse methods again as I think you missed a couple of pages.
I really don’t care if this is a brand new system or if it’s a new way of doing an old thing. Let’s please stop that discussion.
The important thing is if the system works or not.
Hi All,
How much longer do you want me to test this system……?
I was thinking of going up to the New Year, but looking at the fixtures on Friday I am not sure that I will survive Boxing Day. EIGHT race meetings in the UK giving rise to 50 races……
Quick question for the author/reviewer….. is it possible to get large stakes on these selections say 100 quid a point?? If so, as bookies are being used is their a danger that they will shut your account down if you are taking too much from them? Thanks for the help and Happy Christmas to one and all.
Hi Fran,
Yes Fran, that can be a problem, however, the nature of the system, obviously I cannot go into detail, is that you probably end up losing just as much as you win with the Bookmakers……
Hi Fran,
Just to continue with your point……With most boommakers I have been able to get on with £200 bets with no problem……Obviously there is one bookmaker, not that I want to mention any names, but as soon as you have one win, regardless to the number of times that you have previously lost, seem to limit you to bets of £3.65.
Thanks for that Marc – much appreciated!!!
Must be the egg nog slowing down the mental faculties but I just twigged your second reply
Thanks!
Looking good.
Just wondering, I notice there are many selections. Is it necessary for so many selections to make that sort of points profit, or can you make a similar one after fewer selections and then happily walk away?
Hi there everyone, first of all let me thank you for creating this site, it’s always an excellent idea to be able to read other system users opinions regarding what’s going on, and how systems are performing.
I have bought the “golden key” system, mainly to get the discount, lol, and also to expand my ideas about horse racing betting I have to admit. It’s always good to add something positive to our betting portfolio.
At the moment I have my hands pretty much full with other ways of betting and I’m quite happy with them. Why stop using a good thing right?
So I’m only paper trading the “Golden Key” method at this time, and I confess I’m not doing it with the attention I would like, but there’s only 24hours in a day. So maybe I’m missing something obvious which leads me to ask a question on this forum. Sorry if it’s a stupid one.
I also follow the opinions posted at other gambling forums and today I came across with this one:
———————————————————————————————————
“The Golden Key
Sunday 28 Dec – Day 10
3 meetings today which took 25 minutes to analyse.
What an interesting day!
12 selections, good.
3 winners, good, good.
All 3 winners returned losses, due to the way this system works, for an overall loss on the day of over 2 points, NOT GOOD AT ALL.
Summary:
12 selections, 3 wins & 9 losses, profit -£23.20
Start bank 250.00, end bank £294.60, profit 4.46 points “
———————————————————————————————————-
Well we can all see that the person that is making the test in this other place is getting an overall profit from the system.
But the results concerning the 28th of December seem to be different from the ones the person that is checking the system on this site has obtained.
In here the system results for December 28th show a profit of +2.83 points which is a good result. The other tester had a loss of -£23.20… well, how is this possible?
I wonder if someone would like to comment on this difference of results, without revealing too many aspects of the system obviously.
Cheers and keep up the good work.
Pedro M
Hi Pedro, re the site you are quoting above. The review was later amended with the following attachment:
“In the interest of balance, I have results from another tester I am coordinating with. They made 2.83 points profit today and are 24 points in profit over the same period of testing. I cannot help but think I am doing something wrong, but I have checked and re-checked my methods and I am certain I am using the system correctly.”
Re you question about different testers getting different results, it is because the selection process is based on a relationship between Betfair Odds and Bookies odds and these will be different at different times. At 11:00 the odds might point to a bet, but at 11:30 the odds might have changed and therefore no bet, however if you had bet at 11:00 then that will work within the system. (Sounds complicated but it is actually very straightforward and makes sense if you read the system)
Also, the system allows you to choose more than one horse in a race if circumstances dictate.
Hope that helps.
Hi Toby,
I’m thinking of buying your system and have been thinking over potential issues with it based on the fact it is using both bookies and betfair. My question is if you are making lets say 40 pts profit a month (so for sake of argument at £20 a point making £800 a month) on which account is this profit going to be taken from over time. Logic says that one or all of them must be in profit in order for you to draw this money each month. I’m just concerned that if this profit is coming from the book makers side you will simply be banned. If it is not the bookmakers then I guess it must be betfair you are winning on – in which case no problem.
If all are losing over time then I cannot see where you would be getting your profit from. I look forward to your reply.
Richard
Hi Richard,
Maybe I can answer your question on the possibility of bookmakers closing your profitable accounts.
To be honest, it is about 50-50 whether you make your profit at BetFair or whether you make your profit at a Bookmakers account. Some days you make your profits with BetFair and some days you make it with a Bookmaker.
You have no control over where you win/lose your money so obviously if you have a good run with one particular bookmaker then yes there is a chance that your bets will get restricted at the Bookmakers.
However, if you are trading £20 stakes I cannot see that being a problem.
Hi Pedro,
First let me thank you for your purchase. If you give the manual another read then I am sure it will “Click” on why selections can different. In the long run Profits should appear the same. The reason selections differ is because we are looking for “Oppourtunities” as opposed to “Selections”. So For example (& this is just an example and nothing to do with the system):
System A says back every horse who won the last time out.
System B says back every horse who won the last time out and is at 4/1 and under.
All Selections for System A should be the same. But selections for System B will differ as the odds can change, bookmakers will be giving different prices etc. So results will not be identical.
I hope this helps give a clearer understanding. If there’s anything else I can help with just send me an email through the link at the bottom of the ebook.
Cheers, Toby.
As you can see
Thanks Marc,
I’m not sure that really clears it up in my mind. I can understand some days you will be up on Betfair and some days on the bookies but over time with those potential profits you could nearly be making half your bank a month – all that profit has to accumulate on either Betfair or the Bookies or both. If, as you say, it goes back and forth over time presumably then they are both going up in the long term as all that profit must be coming from somewhere. In which case I guess the level at which a bookie continues to take bets on your profitable account is the limit of what you can make with this system. I used £20 only as an example – obviously if this system works the way it is said to work then I would prefer to be betting £50 a point or more.
Anyway thanks for your answer Marc.
Richard
Hi Toby,
Thank you for your fast response, yes I gave the manual another reading and I think I can understand your point, I believe now I understand much better the way the system works.
Like you say we are “hunting” for “opportunities” as opposed to “selections”, so the different results can be a direct consequence of several factors like what bookmakers do we use, and the time of the day we choose to place our bets.
I was interpreting the method as a way to pick selections, so I was not using it properly I have to admit that. That’s why I was so surprised to see another person getting different results.
Now days whenever I get my hands on a new system I always paper trade for a while, I’m a little bit burnt out from using systems without the proper caution, lol. So I will do just that using the concepts of the “Golden Key” e-book and hope to get some interesting results, at least at the moment I don’t see any reason’s not to get them.
Probably after the New Year festivities season I will have a question or two regarding some precise choices using the method, but like you suggest I will use the link at the end of the e-book. That way I will not be revealing the details of the method.
Cheers,
Pedro M
Please could you advise what size bank for £10 bets in both the bookie account and betfair ?
Its a bit daunting seeing there could be a lot of selections per day if they are lays.
Thanks
Hi Candy Hill,
The problem with trying to assign a bank size to the size of bet is that some days the system will find 5 selections and other days 25.
Remember that you are laying horses so the liabilities, in isolation, can be quite high.
All in all, there are just too many variables to be able to quantify a bank size.
All I can suggest is that you decide on a bank size, I guess based on the amount of money you can afford to lose, and then find and trade on as many selections as your bank will allow for a particular day.
The Golden Key instructions give a description of Betfair’s way of handling unmatched bets ‘at in-play’ that is incorrect. The author may have read Betfair’s (grossly misleading) description of what happens but don’t seem to have tried it out for themself as they claim. It seems to me that one either has to be at the computer at race time or have a third-party program running – something the author says they do but don’t say is necessary, to meet their website’s claim of: “…sort the selections, place the bets, check results at your leisure!”
Regards, geoff
Is anyone using a bot successfully with this system ?
Also with so many “oportunities” do you bet on Irish racing and/or more than 1 horse in a race ?
Thanks
Hi Candy Hill,
You can certainly use Betting Assistant to automate the placing of the lay bets into BetFair.
Personally, I only trade UK race meetings. There is probably insufficient liquidity in Irish races. Remember that there are more bookmakers available than the author suggests.
If you require any further information, please do not hesitate in contacting me at zen37798@zen.co.uk
I’ve pasted below a post from another site trialing the system. The tester got a selection where none was found by the tester here. This is NOT a criticism!!!! It’s just interesting that obviously people will get some and miss some depending on when they check for selections.
Tuesday 06 Jan – Day 17(c)
Well, finally, some action! Only 6 selections and one winner, but man, what a winner! Clear 6 point profit on Xpres Maite, nice
Summary
6 selections, 1 wins, 5 losses, profit £ 57.50
Start Bank £250, current bank £416.44, profit +16.64 points.
Hi Marc,
Quick question..can you use any online bookmaker?
Thanks
Hi Kevin,
No, you have to use “Special” online Bookmakers. There are about SIX of them……
-Marc
I was lucky enough to see this product for free(a friend purchased it).To be honest at the price being charged it does not offer any real value for money.The pocket money system has a better “insurance”,and yet will only cost a fraction of the price.Alternatively the 30K a year system from Cash master is the same as the Pocket money system,and is given away totally free.
Hi Jason
I don’t agree with you. The pocket money system can as the name also say only earn you some pocket money and can not be used with many selections everyday.
I think the results so far shows that it is good value, not many systems with low risk obtains these results.
I will admit that yes the system being reviewed here will have more potential selections for sure.
I will add that anyone reading my post,please dont get the impression that the systems I mentioned previously,are identical to the reviewed system as they are not.
Hi there Jason. It is unfortunate that you think this of my system. Everyone is entitled to their own opinion & I am respectful of yours. It would be helpful to know why you think this system is not good value? On nearly all of the places I have seen testing it profits are being produced, beating most systems by far. The risks are also low. I have read 100s of positive comments. What is even odder is that the reason you expressed above (“The Pocket Money System” has better insurance) is flawed. The two systems are entirely separate. This system is currently on test at Cash-Master also. I am sure if it was similar to their “30k a year” system then something would have been pointed out. Do you agree? So far, on this blog, to £2 stakes (the Betfair Minimum), you would have easily paid for the system. The biggest losing day would have cost you less than £4. To £100 stakes you would be making a very healthy tax-free income. If you have any questions feel free to contact me at the address at the bottom of the manual. Maybe I can “Open your eyes”.
Regards, Toby.
P.S Seeming as you didn’t pay for it anyway I think it is very hard for you to be critical.
* Sorry, I meant to say on all of the places I have seen testing it a profit is being produced.
Taken from the website;
“We don’t have a Very Good Strike, we DON’T NEED IT!”
Very untrue.Without at least a reasonable strike rate,your just loosing money on commision at betfair for the winning lay bet.Its the winners at the bookies that pay out the real profit,without them=no profit.
I was looking at selections today and the vast majority are large odds(IE not much chance of winning).So if the selection wins I would get paid quite well no doubt but,its more likely it will loose putting me in a break even situation,less commision.
Or am I missing something?
After all the odds on a lay bet only matter if the selection wins,if it looses I just get my stake regardless of odds.
Golden Key just seems like an awful amount of work for a poor return. If my maths is corect from Marc’s review, there were 477 selecti0ns in 37 days for a net profit of 38.37 points!
Ok, 1 point a day is fair enough but at an average of 13 bets per day hardly worth it.
Jon
@Jon & Jason
I somehow agree with yours comments. It’s true that it offer poor return for the amount of money “invested”. I don’t agree thought that it take an awful amount of work. Around 15 to 20 minutes/day is all you need.
And Jason is right, you need at least a reasonable strike rate on a daily basis. Without that, you’re simply wasting your money and your time. To support his statement, lets take yesterday(january 17)for example, there were 15 selections and none won, giving me an overall loss of 0.75 points. But you have to look at a longer term. If you make 30 points per month, it is still a healthy profit. You simply re-invest your profit and bet a % of your bank accordindly. Ex: your stake could be $10 per selection the first month and with the % of your bank ajusted every month, you could end in the 6th month betting $100 per selection.
The way i look at this system is something similar to the little acorn. Low risk-low return but a steady bank building for someone that have patience. I would definately include this system in my portfolio.
the only drawback compared to little acorn, is that you do have to have a good amount of money in your bookie account and a TON of money in your betfair account. Also, the results posted by the guy blogging this system here, are not even close from what we have seen in the past months on the author website. From what i see, the guy here is averaging around 0.6 points per day while some month ago, we were used to get something like 3 to 5 points per day on the author’s website with at least four’s 10 points/day profits for the month of november. We have not even got this kind of results here, not even close.
I have been using this system for a few weeks now…Only (£20)runner.
I have been more selective in the selections recently, But the winners have been less.
I guess its about numbers really.
I have also built in the commision in the stake..so I dont lose that.
Hi Dave, if you cover your commision with you staking, won’t that eat up your profits on the wins.
How have you fared?
Interesting summary. One of the points mentioned in the review and one of the comments above goes back to an earlier post I did that I did not feel was answered in a satisfactory way. It seems to me that the profit must be coming from the bookie side in which case the serious limitation of this system is at what level of bet per horse the bookies are likely to reduce or limit your betting. At £100 a bet it can still make a healthy monthly income BUT will the bookies allow that size bet when you are basically winning month after month with them. Does anyone have any experience with being limited or banned by a bookie? If so what level of bet size/profit were you on? Toby – seeing as you created this system you must have some idea of what is a bet size that can be used on an ongoing basis with this system without being limited by the bookies? 30 pts a month is good enough for me especially with low risk but I do have concerns with the limits of the system regarding how high the stake can go without running into problems with the bookies.
Richard
Is the thread over ? Would be good to keep in touch regarding the above comments and if anyone wants to continue to compare results. Email me at candyboxx@hotmail.com
Thanks
Hi Candy you can always post your results here in the comments field
Fran=> Your post was deleted since it gave away lots of the system – sorry
I bought this system a few weeks ago and after a short break I decided to give it a go again . My target was to make 10 points in the week from Monday 19th until Sunday 25th. 1pt=30Euros
So my results are so far:
48 selections , only 4 winners (Strike rate 89.3%, what a brilliant lay system)!!!!
I doubled my Betfair bank in 3 days.
P/L: – 2.8 points.
It is a bit frustrating to invest so much time in front of PC without reward.
My losses result out of :
1. Commissions out of the huge number of losers
2. I forgot one horse to lay, it lost naturally
3. Especially yesterday I had some heavy drifters that I did not dare to cover fully. Although those horses are not likely to win, if they do, it hurts.
4. The 4 winners I had were not very spectacular (the best one brought me 1 point)
So I hope that my strike rate gets better today. I would very well like to change thoughts about this with other users. contact me:hara3006@aol.com
Harry=> I have modified the system with some rules I think is better even though the original rules also generate a good profit.
1) Only use selections with smaller odds than recommended in the manual. I won’t say what my maximum odds are but lower the odds and your strike rate automatically goes up a lot and it takes much less time to find selections.
2) Because I have lower odds maximum then I don’t get so many selections BUT put more money on the selections I get. I think the results at worse will be the same as finding many selections, but this is much faster and gives a better strike rate.
In short I put as much money on 3 selections as I would have put on 12 selections. Hope it clarifies a little and give you an idea on how to optimize the system.
AND THEN ALWAYS STICK TO THE RULES. EVEN THOUGH THERE IS A HEAVY DRIFTER THEN ALWAYS COVER FULLY.
From 14th – 21st January I have had the following results:
29 selections
8 winners
4 non runners
17 losers
Whoops! Sorry about that Admin. I never intended to compromise the system in any way and if you felt I did I fully support you deleting my post. Thanks!
Fran
Disappointing week with this system, but this has nothing to do with the system itself, but with the unusual strike rate. I started last week with 1 K in Betfair and my unit size was 30 Euros. I managed to bust out nearly every bookie account. My betfair account stands now at 2458 Euros. This is a plus of 48 units. My average odds are between 5 and 6.
Admin ==> you stated above that you use lower odds, what is your cut-off? How and when do you place your lay bets? And at which prices? You can send me mail hara3006@aol.com if you want.
admin =>
What was the p/l for these 29 selections?
Just a note. All thing are not bright. Analyzing the data from the test above, If you was unlucky to start this system in pratice after december 28, up to january 15, you would be 2.31 points in the red.
From december 8 to december 28, the system generated 40.68 points in profit, but a small loss from december 29 to january 15
Harry
When you say 1pt=30 Euros you mean that this is the amount you bet at bookies?
The 48 pts from betfair that you say in your post doesnt count the losses at bookies.So what is your overall p/l for this “disapointing” week?
@ alex
I made a few mistakes handling the system, the loss was about 3 pts, but should be around 2 pts, if I sticked to the system rules correctly
hi, I just bought this system but IMO something about it is not correct.
I can’t reveal much here without giving away information, but it is about BF SP …
Can someone help me, greetings
Tony, the Belgian punter.
tony.vandenbogaerde@pandora.be
I tried playing this a bit with small stakes and now I fully understand it … in the LT and in theory this system SHOULD make me money, that’s sure.
1.
Now I do not completely agree with the review here above : you don’t have to be around for 3 or 4 hours to win 0,05 pt.
You easily can do the work around midday and leave your computer to do whatever you have to do and check the results in the evening.
Also you don’t HAVE to do all horses and courses : you can limit yourself to 5 or 10 horses a day, for example.
2.
A concern can be that bookies limit your account :
About that, I have a question for ADMIN (or anyone who knows this) : how exactly do you ‘fake a loss’ on the bookies, can you give a concrete example please?
Thanks !
Tony, the Belgian punter
Just a short example on how to “fake a loss” at the bookies.
If you have won 2000 in a month at the bookies then you can place a bet for 2000 on a horse at for instance odds 5 and then place a lay at odds 5 or under at Betfair. Of course you need to find a race where the odds on Betfair are under the bookies odds, and you may lose a little due to commissions, but your bookie account will look like a normal punter who does not win regularly. Hope you derstand the concept
Bet 2000 at the bookies at 4/1 and lay it off?
You’d need £8000 sat in your betfair account.
Chris=> Just an example
still not sure about that BF SP : let’s say : you back a horse at the bookies for 50 EURO.
But you can’t lay the BF SP for a fixed stake, you can only give your liability … how can I lay BF SP for exactly 50 EURO then?
Tony – You can’t
You have to use a bettingbot if you are not at your computer.
I see, I DL-ed the advised bot in the manual, but I can’t seem to add the ‘trigger after ‘hour” option, although I follow the manual literally …
Nice, Betfair was down so I could not lay my selections at Lingfield 1:10 … lost 100 EURO …
Hate it when it happens
I also learned the hard way to have a “back up” account at Betdaq (which I also uses when the odds are better there). If you are trading like with this system then it’s even more important to have a back up account with betdaq or the phone for Betfairs support so you can call them and place a bet.
quite expensive lesson but already opened a Betdaq-account but was unable to deposit funds in time
100 EURO loss become ‘only’ 55 EURO loss due to some trading I did on a horse called Enlightment – that won – at Lingfield 1:40.
(just for information : the official start price for that horse was almost the same as BF SP, which is nice in case …
)
Good to hear that the loss was “limited”
a bit messy on my first ‘Golden Key’-day with Betfair being down for a while around midday (tomorrow again they say on their site), a very small loss, but I only played 6 selections. Not one of them won, but that’s no real problem, as you know.
What I find positive is that four of the six steamed heavily, pity neither of them won … one broke even and there was one drifter, that duly lost.
A question for Golden Key-adepts : I know about Bet365, Stan James, Paddy Power and Canbet … are there other bookies offering the Golden Key-thingie?
Hi Tony,
Try William Hill and Boylesports….(Actually these are certainly the BEST two for this system).
thanks Marc …
I’ve playing around with the possibilities of this system and had a big ‘aha-erlebnis’ yesterday evening …
It is as logical as the main strategy but mine virtually excludes any losses …
I would like to share it but I’m afraid I’d give away too much of the system…
And maybe I missed something and is my idea not that good as I think.
Can I mail to ‘Admin’ or other experts about it?
Hi Tony,
Just send me an email then I will look at it to see if it gives away too much information
Just been limited by Bet365 using this system only on £30 stakes.
Went with 3 bets today with other bookie …all won.But still made a loss of 0.3pt
Due to heavy drifter (winning)
3X selections & 3 winners & still lose…you couldnt make it up!!!
Dave
Can you give us more details for your limitation on bet365?
No of bets , amount per bet, amount won, time that took to won etc.
+ Quadrupled my deposit…every other selection just seem to win with them & lose every where else
[...] and Toby whose names may be familiar to you since these are the guys who came up with the “Golden Key Method” (My Favourite [...]
Just to give my 2 cents worth. I’ve been doing this system now for 8 weeks and generally keeping to horses under 10-1. I’ve kept all my results in spreadsheets and my verdict is that the system does work but it does not produce results anything like what they claim on the their site. I average about 4-5 pts a week which is still ok. Into those points you do need to factor in the odd mistake where a lay is not put on for one reason or another such as the software did not get the lay on or some other mistake. I’m on an average of £35 a bet and I’m not sure how much higher than that I could go without getting limited by the bookies so this makes what you can earn at best a part time wage. Even with these limitations I like the system and continue to use it.
After 12 weeks in which I increased my betting stakes on William Hill from £20 to £35 I have just had my account limited by the powers that be there to £10 stakes which puts a huge dent in any chances I have of making this system make any meaningful money. I did mention before in earlier posts that this was, potentially, the Achilles heal of this system. It has been proved right. My total winnings with William Hill were only at about £800 so clearly it takes very little for them (and presumably Bet 365) to limit the accounts. Perhaps it is mainly because of the pattern of betting they do not like (i.e. mainly getting horses that are shortening) but whatever the reason without Hill it knocks out about 40% of my bets and I can only presume B365 would follow which would effectively kill the system. What a shame! It seems the bookies only want you if you lose. It is hard to recommend spending the time and effort with this system just to have it stopped a few weeks later.
Richard, you can easily do it looks like you are losing money with the normal bookmakers so that your account won’t be suspended, it just cost (around) 5% commission to transfer the win from the normal bookmakers which can ban you over to Betfair.
But how do I
1. know I am picking a loser?
2. pick a loser who’s odds are at least equal on Betfair (which implies there is some confidence in the horse at least on Betfair)?
Cheers
Hi there Richard,
Would you be able to contact me on the email address given at the bottom of the manual?
Thanks
Toby/Admin
I’d love to know how to do this as well… for the same reasons!
cheers Nigel
Toby/admin
I’d love to know how to do this as well… for the same reasons!
sytem is nearly dead for me:
1.B365, restricted to minimum amounts
2.Stan James, restricted from BOG, after they have to pay me odds of 12.0 for a horse yesterday, SP around 8.00
Not much left now , as Stan james was my main bookie.
Harry=> see post 132
@admin
no I don’t understand this, as this is exactly what I do the whole time. the horse can still win
Harry,
William Hill are an excellent Bookmaker to do this concept……and they appear to cut your maximum atake “Gradually”……If you continue to “Win”
Then you just do the same again on one horse which means that if it then loses then you have lost all your bank with the normal bookmaker and have to pay in some new money and the normal bookmaker is happy. The money you lost would of course be won on betfair.
Why did this thread suddenly stop on July 22 2009? Very strange.
Hi Admin
When you say it’s easy to fake a loss at the bookies, how exactly do you do it? Whenever I try and do this by backing at the bookies and laying at the same price on Betfair, they tend to win a lot of the time. So what’s the best way to do it?
Many thanks.
Hi Dave
Try to find some horses that does not win
Hi. No results since 8 th february? Readed many positive comments here about this system. I really interested in buying it. What do you think is this system worth to start with? I would be grateful if anybudy post here somer results for past month. Thank you.
Hi Mike,
The review was conducted over a year ago……
I have 4 systems from the Steve D. stable. They all work and he is a straight guy. Have not tried this one yet but am very tempted.Just one cautionary word – Steves sytems are generally low risk – but I find hard work. If you want to just press a button and forget it then count the profits, dont bother. But if you are willing to put some work in and take small but regular returns without risking the mortgage you will be rewarded.
(And, no, I am not Steve or Toby in disguise – but I have seen a couple of unfounded negative comments here, which to their credit, admin have dealt with, and feel some balance is needed. And you must be aware, you cant buy and get yourr money back with Steve – so be sure you want to do the system before you buy – at least you know it will not be like many of the crap system factories where you might get your money back but you will have lost a fortune in bets along the way)