Place betting is a relatively new form of betting in the sense that not many people are actually aware of it and very few bookies offer 'place' only bets, but don't let this put you off, place betting can be extremely profitable, and here's why...
What is 'place betting'?
Place betting is when we bet on a horse to finish in the placings, i.e. 1st, 2nd or 3rd. We are given a price and regardless if it wins or finishes 3rd, we still get paid the same. This is somewhat different than the traditional E/W bet, because an E/W bet is in fact 2 separate bets, 1 on the horse winning and 1 on it getting a place.
Now only up until recently, bookers did not offer 'place' only bets... and there are only actually 1 or 2 that have started doing so.... now this should set alarm bells ringing. Why on earth do they not like offering 'place' only bets? because lets face it, they seem to offer every other bet imaginable.
The answer is that the bookie knows that 'place' only bets can be a liability to them, meaning that the punter can make good money if they know what they are doing. Luckily we now have the betting exchanges such as betfair which do 'place' only betting, and the reason they do so is because Betfair is not a bookmaker, so they don't care who wins or loses, they just take a commission from everybody that does win.
Over the past few years I have been making a tidy profit from place betting. If you have read the 'about me' page you will have heard me talk about a few systems that I have used, and one of them involves place betting...
Im not here to try and sell it to you, (although it's difficult to write this without sounding like am doing so) but I developed a system myself that produces a strike rate of around 80% for place wins. Now the odds are short, but simply backing them at level stakes produces a nice profit every month.
The system was recently reviewed by a couple of independent betting sites. It was tested over 60 days and produced a healthy profit of over 30pts.
As I said, this article was intended to further your knowledge about place betting, not to sell you a system, but if you are interested in using the system I created, (placebetpro) you can check it out by clicking here
Due to popular demand we have decided to release a Place Bet Pro service where we actually do all of the work for you! We will provide you with the selections everyday. The service started in the middle of November 2013 and made a slight profit. December was the first full month and it made a profit of +5.65pts, however actual profits would have been higher as we calculate to BSP
Place Bet Pro Service results:
|1.12 1.33 up||-0.55|
|1.70 1.20 up||-0.1|
|1.31 1.27 up||-0.42|
|1.51 1.20 1.08||0.79|
|1.35 1.22 up||-0.43|
|1.29 1.24 up||-0.47|
|1.40 1.30 1.65||1.35|
|1.38 1.15 1.54||1.07|
|1.63 1.69 up||0.32|
|1.47 1.23 1.33||1.03|
|1.39 1.14 up||-0.47|
If you want a service that provides a high strike rate and regular profits then look no further! Stop trying to land the big gamble and start profiting from almost guaranteed winners!