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Review - Losers Into Winners
Introduction
This is a method which teaches the reader the basic concepts on how to lay horses for a profit on the betting exchanges. It goes into detailed description of what is required to know before one should lay horses. It goes into the various points to look for; the horses which are prime for laying (i.e. under priced or weak favourites) and which horses to avoid.
Presentation
The document is what is known as an 'e-book' which is a secure form of a document which requires a special e-book reader to read. These readers are free and easily downloaded from the internet.
The e-book, or document (we printed ours out), comes to about sixty pages in size (well, half an inch of paper) and is composed of text, screenshots from betting exchanges and clippings from the Racing Post. In other words there is plenty to go at here.
Method or System?
From the outset it must be stressed that this is a method and not a system. There is a huge difference between the two and it is best that this difference is cleared up from the outset.
A system is a set of hard and fast rules. For example, "back all forecast favourites which are running in a handicap with twelve to eighteen runners in the month of July if the horse isn't a filly or a mare". That is a system; it has a set of hard rules which are, hopefully, easy to understand and which must be followed.
A method is little more than that. A method gives guidelines and gives suggestions on what to look for and, with a good method, an explanation of why the guidelines are in place. This e-book does just that.
I have seen and read countless methods over the years; some, such as Losers Into Winners, are clear and easy to understand and follow. Some are opaque, vague and ambiguous; it could be argued that these are written as such so that if anyone fails to follow the system then the writer could claim that the method wasn't adhered to. There is no danger of this happening as the e-book is well written and it patiently takes the reader through each point with well illustrated examples.
The Method
Whilst it wouldn't be fair or right to give away the secrets here; you will just have to buy the thing, we can say that the concept of laying a horse to lose is simple. All one has to do is to locate a weak favourite or an under-priced animal and then lay it to lose.
Of course there are going to the the occasional animal which, despite your best analysis, will come up and win but if you select the right horses to lay then the profit in the long term and, as we found, in the short and medium terms are assured.
There are about a half a dozen key indicators to look for in laying a horse. These are explained clearly with lots of examples from the Racing Post so that the reader knows exactly what to look for and where to look for it within the form pages.
There are discussions on how to lay more than one horse in each race and the mathematics (thankfully, which are rather simple) involved for doing this. In using the method we have never needed, nor bothered, to lay more than one horse in a race. We could have done but chose not to. This, we suppose, comes down to the temperment of the layer; we were just happy to have a half a dozen laid horses running in half a dozen races in a day. With more aggressive laying, as explained in the e-book, one could have more selections.
Other Resources
One of the more useful, and supportive, features is that when one buys the e-book one is automatically subscribed to a mailing list for a period of time where owners of the e-book can ask questions and try out their hand at selecting horses to lay.
This is one of the greatest selling points; this mailing list gives people who are unaccustomed to working with methods to work together, under the watchful eye and tutorage of the e-book's author, to determine what to look for. Often messages would start to the effect of "Is Three Legged Nohoper in the 3:15 at Newbury ripe for laying or not?" and then the rest of the mailing list would get their heads together and come up with a collective yes or no and put the newcomer on the right track.
Does It Work?
Quite simply it works. The method is based upon a good number of logical points and it targets the hyped-up horses which aren't worth the price that they are running at. Quite a number of these talking horses run in all sorts of races up and down the country and these are the ones which are targetted and laid to a good level of success.
Conclusion
Despite this method being heavily touted over the internet we still have to whole heartedly recommend it. We bought our copy about six months ago and within a couple of days it paid for itself and we have made a rather decent profit out of it.
We have to stress that this is not a system but a method. The difference is with a system one just follows a set of rules whilst with a method there is an element of judgement on behalf of the punter to be applied. However, the concepts are clear so that with a little amount of effort it's not hard to find horses to lay.
If you're not afraid to use the grey-matter a little in the mornings then this method can be very profitable. I think that this is must be the first actual method or system that we have ever bought which actually does work.
Cost
The cost for this system is £67.00 . We've bought the system ourselves and laying to lose at £10 a race we were able to recover the costs within two days of it arriving.
Losers Into Winners can be contacted through their web site; Losers Into Winners.