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UK Horse Racing – A Beginner’s Guide
You’ll be pleased to know that you don’t have to be a racing expert to make good money from the Pegasus Racing Club system.
In fact, you can succeed with Pegasus even if you’ve never placed a single bet before in your life!
But here’s a little background knowledge, in case you are interested in learning more about the British racing scene... The Courses
There are 59 racecourses, each being quite different from any of the others. Most tracks are turf with only 4 out of the 59 having sand tracks. These are known as All Weather courses (AW for short).
Each course has its own shape and idiosyncrasies. Some courses are right-handed, some are left-handed, some have tight turns, some are straight and some have quite steep gradients.
Because they are mainly turf-based, the prevailing weather conditions play a large part in how the course is behaving at any given meeting and the conditions (or ‘the going’) can be officially described as anything from ‘firm’ to ‘heavy’, the latter description for example, meaning that the turf is very waterlogged and liable therefore to suit horses with greater stamina.
The Race-types
British horse racing is split into three main types:
1. Flat racing (the flat season runs from March to October)
2. National Hunt racing (the NH season runs from September to April)
3. All weather racing (all year round)
Betting
Betting on the outcome of horse races in the UK is completely legal and there are betting shops or bookmakers (bookies) shops on almost every high street.
As it has been around in the UK for several centuries, tradition has prevailed (as with most aspects of UK life!) and an obscure system for denoting odds, which has remained unchanged for over two hundred years, is still in use.
In order to operate the Pegasus system, it’s handy to understand the odds notation method. As with many other learned skills, it’s not really difficult – it just takes a little practice!
Bookmakers in the UK will quote odds in the following way, eg:
Horse no.1 4/1
Horse no.2 7/2
Horse no.3 9/4
Horse no.4 11/8
Horse no.5 10/1
The rightmost figure of all is the stake ratio and the leftmost figure is the profit ratio.
To take ‘11/8’ as an example, if you bet £8.00 on a horse and it won, you would receive £11.00 profit and any other figures would be applied in the same proportion. So a stake of £10.00 would generate a profit of £10.00 divided by 8 multiplied by 11 = £13.75.
The figures do NOT include the stake return – that is added to the total.
So Odds of 11/8 on a bet of £10 would give: £13.75 plus stake £10 = £23.75.
Next question - how do we determine which are the shortest odds and therefore the favourite and 2nd favourites?
After a while this becomes second nature but initially if it isn't obvious when you see the odds - you need to divide the 1st number by the 2nd number...
For example, odds of 7/2:
First, divide 7 by 2... this gives a figure of 3.5. Compare this with odds of 9/4 - divide 9 by 4 and this gives a figure of 2.25.
2.25 is a smaller figure than 3.5 so if you were comparing just those 2 horses then the 9/4 horse would be the favourite.
A typical race list in order of favourite downwards, would look something like:
Horse no.1 2/1 Those odds - using the formula in the previous example would give figures of 2.0, 3.5, 4.0, 4.5, 10.0, 12.0, 20.0, - so you can see that horse no.1 at 2/1 (2.0) is the favourite because it has the shortest odds and horse no.2 at 7/2 (3.5) is the 2nd favourite because it has the 2nd shortest odds.
If the 2/1 (2.0) horse wins - that means you get back £2 for every £1 that you bet and if the 7/2 horse wins, it means you get back £7 back for every £2 you bet (7/2).
So if you bet £1 you would get £3.50 back – plus your original stake.
We state in the rules that we should only use the ‘live’ betting market when placing bets. ‘Live’ betting is simply the odds that appear on a bookies website against the horses in a particular race, between 5 and 10 minutes before the races stated start time.
Summary
The simple objective is to predict the winning horse on as many occasions as possible in order to make a profit!
The complexities of British racing with its very different racecourses, race types and conditions make predicting winners a very difficult science indeed and this is where our ‘system’ excels.
We have spent many years building up a huge database of over 300,000 races going back nearly 15 years. This database has been subject to intense analysis by ourselves and we believe that we have found the ‘secret’ to regular and consistent profits.
Couple this with our unique staking plan and we are confident that this system will make profits for you in the future at the incredible levels we have experienced in the past two years. Check out the past results here.
To put the amazing power of Pegasus to the test for yourself, why not take a 30-day, risk-free trial? During this period, you can “paper trade’ our race selections to see how well they do. If you’re not convinced you could make more than FIVE-TIMES your money in a year, simply cancel for a full, no questions asked refund. LIMITED PLACES ARE AVAILABLE ON THIS SERVICE... to take a 30-day, “try before you commit to buy” trial – just click on the link below:
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