Polish / Inverted Middling the new NRL rules By David Barrett Analyst for the NRL Tips service This article discusses the concept of Polish/Inverted Middling, and how there currently appears an opportunity to take advantage of this betting concept due to the new NRL rules. A ‘standard middle’ profits if the total or line falls inside a certain range. A ‘Polish/Inverted middle’ profits if the total or line falls outside a specific range. It is two separate bets placed at different lines or totals so that it profits if the line or total falls outside the range in-between them. Standard middles have limited downside risk because you’re guaranteed that at least one line wager will win. However Polish/Inverted middles carry total downside risk because there is the possibility that both wagers will lose. Given the recent rule changes there is now a bit of an inefficiency in the NRL betting market. These rule changes have had more of an impact on the game than the six-again rule from last year, and have made scoring more volatile. As has been discovered, totals have risen due to the greater scoring chances teams have when opposing teams are down a player, but this is not the only change that has occurred. Historically, margins of victory can be modelled off of a bell curve (normal distribution). Some changes need to be made to fit it to the NRL, but it loosely fits quite well. This works out for game outcomes where there is a proportional chance for one team to win and a reciprocal probability for the opposition to win shown by H2H/Line odds. This can be seen through looking at historical lines or through a bookmaker’s ‘pick your own line’ odds. The upcoming Round 12 Tigers v Dragons game has been used for example where I have estimated a total of 50.5 points (totals markets aren’t up yet), and the market has posted up a -5.5 line in favour of the Tigers. This approximates to the Dragons scoring 22 and the Tigers scoring 28 on average, which can be seen in the chart below. The H2H odds of $1.50 for the Tigers implies a 66.6% probability for a Tigers win and the $2.55 odds for the Dragons implies a 39.2% probability of a Dragons win. Removing overround/vig the probabilities will approximate to 63% Tigers win and 37% Dragons win. The following chart implies the game outcomes with the yellow line indicating the point where the two teams draw, and in this example yields a 0.04 chance (4% probability of golden point) and has been forecast between the Dragons winning by 6 and the Tigers winning by 16 (not all outcomes have been run through for simplicity). The green line represents the average of all outcomes that has been determined for the game (-5.5 from the market), wherein 50% of all outcomes are to the left and 50% are to the right on the chart. The orange part represents about 2/3 of the chart area, which approximates to the 63% implied win probability from the H2H odds. The red part of the chart represents the other part of the chart which is approximately 1/3 of the chart which approximates to the 37% win probability from the H2H odds. One can use the cumulative density function to determine the area under the line (coloured area) or fit a polynomial and use integration to determine the area which leads to the total probability of each team winning. Whilst the individual NRL teams strengths and weaknesses haven’t changed since the rule changes (although some have been fared better than others), the distribution of points has changed such that the curve, whilst still normally distributed, has changed. The variance and in turn standard deviation for margin of victory has changed. The following chart has the blue curve representing the historical data and the orange is indicative of the game post rule changes. This chart still has a mean margin of victory of 5.5 points to the Tigers, however areas under the curve and henceforth the probabilities of outcomes have changed. So, what does this mean for the outcomes of games? In the following chart the grey area represents the part of the curve that no longer exists given the changes to the game and the purple area represents the portion of the game outcomes that have moved to a greater margin of victory for the Tigers and the pink to a greater margin of victory for the Dragons. The grey area represents portions of the game that won’t happen anymore.   What does all this mean in relation to betting? Given the rule changes, we have seen a growth in the margin of victory of teams in NRL games for favourites and a few upsets of favourites that will happen week to week (we will see fewer close games). The growth in game scoring has impacted more than just the total points scored markets.   How can one profit from this? Given that we know that there is a reduction in game margins of victory around the average (where the market has set the line at) one can use Inverse/Polish middling to take advantage of the current market situation, whereby the Dragons at $2.55 (representing 39.2% of outcomes) and Tigers by 13+ at $2.90 (representing 34.5%). If one bet wins then the payoff covers the loss of the other bet and still provides some profit. Given that the market has stipulated that there is a 27.3% (1 - 39.2% - 34.5%) chance of the Tigers winning by 1 to 12 we want to lay this bet, because the change in the rules has led to there being less likelihood of this occurring (grey area in the chart). This can be visualised with the following chart.   At this stage there is no way of quickly determining how much value is present, but in the near term there is the opportunity to take advantage before the market fully adjusts to the new rules. N.B. These charts have been put together for educational purposes and the tail values are not representative of actual outcomes as we do not yet have enough data to ascertain the new distribution.   NRL Tips Service It was a PERFECT Round 11 for NRL Tips having 4 bets for 4 winners! +12.2u @ 90% POT!! ✅ Cowboys -4.5 ✅ Wests Tigers +5.5 ✅ Penrith -8.5 ✅ Manly +7.5 Proven winning history for NRL Tips Past four seasons: ✅ +283.93u PROFIT ($28,393 PROFIT per $100 unit) ✅ 284% Return on Investment ✅ 13.5% Profit on Turnover HOW NRL TIPS WORKS The model bets solely on NRL Lines, and identifies significant inefficiencies in this market.  These are just line bets and no small prop bets, which is great news as it means you can get set for excellent amounts with the bookies. An added bonus is that all bets are sent with a standard release time of Midday Tuesday.  As always the service comes with our industry leading profit guarantee refund. You can join the profits at the following link: NRL TIPS

To get the best possible odds on horse racing, it’s important firstly to understand the current betting landscape. Early market fixed prices, even at 9am, usually open between 125% to 135% Closing fixed prices usually finish up between 110% to 120% TAB Tote win pools are usually around 118% The Betfair market usually closes at 102% As you can see, betting late means you obtain market percentages far more in your favour than betting early. We find a lot of members of horse racing tipping services suffer from FOMO (Fear Of Missing Out), and have a tendency to back horses predominantly at fixed odds rather than alternative methods. People seem to get ‘frustrated’ if they ‘miss a price’ when a winner firms, yet don’t seem to have the same ‘frustration’ when a horse they back at a fixed price drifts to a big price and win. Of course successful horse racing analysts will have many winners that firm rather than drift, but that doesn’t mean that all bets should be blindly placed at fixed prices at all times. All the professional experts providing tips through Winning Edge Investments provide information on whether to back a horse at fixed odds, or to bet late, or a combination/blend of the two. Officially we record drifters using methods such as Betfair SP or BOB.  You will match/equal officially recorded odds by using these methodologies, but we urge members to aim to exceed official odds by following the recommendations below. 20 Tips for getting the best possible odds The aim of the Fair Odds Recording methodologies at Winning Edge Investments is for every member to beat the price recorded in official results, or at the very least match them. Below is a summary of the top 20 ways to get the best possible odds, and greatly exceed official results: 1) Use Dynamic Odds (or other odds comparison websites) One of the major factors - if not the major factor - in betting profitably is always striving to get the absolute best price possible. Once all the work is done and you’re onto a good thing, there’s no bigger ‘own goal’ than taking an inferior price. It takes the same amount of time and effort to place the bet, yet you get paid (sometimes substantially) less. When you’re following any of our horse racing services, it’s important that you aim to get the best prices possible. There’s no point going to the one bookie and just taking their price when others are paying better. Take yourself back to the old-school betting ring at the track…you wouldn’t do it there! You would always search for the best price and zero in on that bookie. Thankfully, odds comparison sites allow you to replicate that when betting online. Rather than having to make your way around all the different bookies’ websites or apps, odds comparison sites allow you to just pick your horse race or sporting event and see multiple bookies’ prices side-by-side. There’s a few odds comparison options out there. In our opinion, the best one available is Dynamic Odds . Click the link and get an exclusive 4-week free trial. It’s an easy-to-use and easily customisable product. You can choose which bookies to display on screen, there’s a mountain of options and tools, and best of all, you can sign in to each of your bookie accounts through the program and simply bet from Dynamic Odds with the click of a button. Click which price you want, enter your stake, and you’re on. It’s fast and dead-simple to use and ensures you always get the best price of all of the bookies. If you aren’t using Dynamic Odds you are costing yourself a fortune in additional profits. It amazes us that there are still members that are still not utilising this tool. Even a small punter working full-time will boost their profits substantially using Dynamic Odds. You can check, compare prices and even place bets through your laptop or mobile with all your bookies using the dynamic odds platform.. This is much quicker and more effective than betting through each bookie app or website separately. Don’t forget clicking our link gets you a 4-week free trial, so if you haven’t tried it yet, get onto it now. The premium version only costs $35 a month. For the extra money you’ll make by being able to easily take better prices, that’s an absolute bargain. Trust us, it’s worth every cent. 2) Have many bookmaker accounts The basic rule with corporate bookmakers is simply to have access to as many as possible, as it gives you a better chance of always being able to bet the best price. Take your betting bank and spread it across as many bookmaker accounts as possible. It’s far better to have your bankroll evenly split across 10 bookmaker accounts than all sitting in one. There’s a lot of options out there when it comes to bookies. Our suggestions, in order of importance/benefit are as follows: Betfair , Vicbet , David Dwyer, TopSport, Bet365, Sportsbet, Sportsbetting, NSW Tab, VIC Tab, Ubet, BlueBet, Ladbrokes, Neds, BetEasy, TopBetta, Betstar, Bookmaker, Tabtouch, Best Bookies, Unibet, Palmerbet, Playup, Bbet & Betdogs. 3) Bookies with a buffer If you haven’t got an account with Bet365, make sure you get one immediately! Bet365 routinely offer the best early prices on racing, and in addition offer an SP guarantee. Bet365 pay out best of fixed price or SP, whichever is higher. It can be worth at times taking a lower fixed price to secure the potential benefit of 'drift protection'. Whilst this is often a good option, best tote or Betfair SP will usually outperform SP on any drifter. Taking early prices with Bet365 will give you the opportunity to exceed official results, with the SP buffer available if the horse does drift. Bet365 are well known for banning winning punters, but with NSW and Vic now having minimum bet laws in place, Bet365 is right back in the picture for everyone. Use them where their price is above or close to the 3rd best fixed price in the e-mail as there is an SP buffer (as long as you aren’t restricted from this product). 4) Betfair Betfair  routinely offer the best odds available in the market for horse racing, particularly during the last 15 minutes of betting. Usually Betfair  gets you the best odds on horses drifting in the market, and on horses at big (double figure) prices. It is a must have! We could write an essay on the prices available on Betfair  on some of our winners, but a handful of examples from Dean’s Tips are below. As you can see, at all spectrums of the market you can get great prices on Betfair even just at Betfair SP: Emmadee: Official $101, $260 Betfair SP (got out to $560 on Betfair in betting) Balrov: Official $23, $60 Betfair SP (got out to $120 on Betfair in betting) Time And Truth: Official $23, $80 Betfair SP (got out to $140 on Betfair in betting) Fish Bones Fry: Official $34, $60 Betfair SP (got out to $90 on Betfair in betting) Shazee Lee: Official $56, $100 Betfair SP (got out to $110 on Betfair in betting) 5) BOB (Best of the Best) This is a great product that gives you the best of 3 totes or Top Fluctuation (note Top Fluctuation is calculated from 25 minutes before race start time - not from the opening price). Vicbet  offer BOB for all races across Australia, seven days per week. TopSport offer it for Saturday Metro meetings, as do Ladbrokes/Bookmaker/Betstar.  David Dwyer offers it for all metro meetings including midweek. BOB is usually better for horses at single figure odds, and BFSP (Betfair SP) better for horses at double figure odds. 6) Additional late betting stake on big drifters One opportunity to consider is increasing your stake on a dramatic drifter. The Kelly Criterion (widely regarded as the best formula to use to determine the optimal size of a bet), suggests that to maximise long-term profits and create a greater edge, the more you should bet. So, as an example if you rate a horse a $3 chance and can get $7 in the market, you should bet MORE than if you could obtain $5 in the market. This theorem is why we recommend having another bet at our runners if the price drifts to around 50% or more above the recommended price. Some reasons that horses drift dramatically on Betfair include; Wide gate High weight Poor run last start or poor recent form Low-rated trainer or jockey First-up and not favoured A hot, heavily-backed favourite in the race These reasons have already been assessed and considered by our expert professional analysts - drifters should not concern you in many instances. If you lock in an early price and then the horse drifts significantly (close to 50% or more), it is certainly worth backing again on Betfair to get your average price up, to exceed official results. There have been plenty of significant drifters that have won at odds far greater than official prices. It's simply about taking additional advantage when one drifts. 7) Get on track It’s becoming well reported that top fluctuation prices available on track at the racecourses are well above those reported through the Official Prices (which require a ridiculous 6 bookmakers to all have the price for the fluctuation to be included). Heading to the track to bet can get you better prices than available online. 8) Other bookies not considered in opening fixed prices Many bookies such as Unibet, Palmerbet, Betstar, Bookmaker, Neds & Pointsbet are all not included when stating the 3rd best fixed price. You can often get bigger fixed odds using these bookies. 9) Bookies not on Dynamic Odds A very large proportion of members bet using Dynamic Odds, and take the best available prices from that selection of bookies. As a result, there are several bookies whose prices are not shown on Dynamic Odds. They are also not considered in official results or betting information. However, many members do bet with these bookies, and often find they get greater prices than main bookies. The other bonus is that as these bookies are lesser known & not on Dynamic Odds, their prices are often available a lot longer. If you happen to miss an early price, it is worth looking at these bookies to see if the price may have held, as they often do hold much longer than the bookies on Dynamic Odds. Options include: Unibet, Palmerbet, Betstar, Bookmaker, Neds & Pointsbet. 10) Horses drifting to better prices than quoted before alert sent This actually happens fairly often. By the time the alert is sent, often a horse has drifted out to prices greater than stated, but nonetheless that stated price is recorded. For example, there was one occasion where a horse was advised at $3.20 when the e-mail was sent, but was $4.40 about a minute later. The $3.20 price was recorded for that winner. 11) Bookies offering better prices than quoted after alert sent There are actually occasions where bets are sent, but there’s still 1 or 2 bookies who haven’t put up prices yet. Even though early prices have been crunched, often these bookies will post their analyst’s initial prices. There was an occasion where we backed a horse from $21 into $11, and then 1 or 2 bookies opened 15 minutes later at $21. Those prices often sit there for a while as most members have already placed their bets. 12) Monitoring and betting late when market percentages are lower and more in your favour When we advise taking a price with Best Tote/SP, Top Fluc, Betfair SP or BOB, that suggests we think the horse will likely drift from its current fixed price in betting. Bets for most horse racing services are sent usually between 9am and 11am, but the market percentages are larger at these times. Whilst we often get outstanding prices on horses that have been mispriced and firm, on most occasions natural horse racing betting movements mean the prices drift back out towards start time as the bookies start to compete and the market percentages reduce. This means often a horse drifts back out, but then gets backed again very late by big players. So, although the starting price may be close to or even lower than the early price, the horse has been much larger odds during betting. Below are three examples that spring to mind, but these types of market movements are commonplace: Delagos: Opened $11, drifted out to $31 with corporate bookies and $30 Betfair just prior to the start, but only paid $15 SP Maccy Fields: Opened $8.50, drifted out to $14 Betfair, firmed back into $8.50 SP Zerprise Journey: Opened $4.20, drifted out to $6.60 in betting on Betfair, and then firmed back into $4.10 Best Tote/SP 13) Not betting or laying back a runner on Betfair if a horse has become over bet Often a horse gets ‘over bet’ and backed down to a silly, short price, particularly at the shorter end of the market. You can choose to simply not bet when the value isn’t there, or the horse is under the rated/minimum price advised - this will save you units in the long run and avoids taking ‘unders’. You can also set a minimum price on Betfair SP so that you never take below the minimum price you set / we advise. Some smart members lay back runners that firm dramatically. This enables them to effectively have a ‘free bet’ on a runner, or even guarantee a profit regardless of whether a horse wins or not. This grants some members the opportunity to substantially reduce variance and bet reasonably risk free, particularly when backing runners expected to firm dramatically when advised by the expert. Greyhound Genius is one service where this can be very effective as all bets are advised to be backed at fixed odds when the e-mail is sent, and the vast majority of bets firm in the market. 14) Take advantage of promos and bet boosts / top ups Corporate bookies offer all sorts of horse race and sports betting promotions, such as money back if your win bet runs a place, or bet boosts etc. Be sure to take advantage of these for as long as they are available to you, as they are excellent for adding cream on top of your profits. 15) Metro/City v Country/Provincial Prices on runners for Metro/City races are much less influenced when bets are released than Country/Provincial races where they can be impacted. For Metro/City races (the major raceday in each state typically on a Saturday and Wednesday), three good options are either betting through Bet365 if you have the SP guarantee, using a Best of the Best product (highest of Best Tote and Top Fluc) offered by many different bookies including Vicbet, or again Betfair is your friend on Metro races also with amazing prices and liquidity available throughout betting, even if just using the Betfair SP tool. Note the standard tracks for Metro/City racing are: NSW: Randwick, Rosehill, Warwick Farm and Canterbury VIC: Flemington, Caulfield, Moonee Valley, Sandown Hillside and Sandown Lakeside QLD: Eagle Farm and Doomben SA: Morphettville and Morphettville Parks WA: Ascot and Belmont For Provincial & Country racing, taking some of the better fixed prices available at the time bets are sent is a good strategy, however if you are able to monitor prices even just on some days such as weekends, you will find through a combination of corporate bookies, Betfair and totes that you will get fantastic prices well above those recorded. 16) Consider the advised unit stakes The advised unit stakes are an excellent guide on whether to bet early or late on selections. Based on your experience with a service, or assessment of their previous results, you can determine the standard amount. For many services the 'standard' amount the expert aims to collect on a win bet is around 5 units. If that’s the case and the service backs a horse for 1 unit to win, and the horse is odds of $5, that's about normal as a good bet. If the horse is odds of $10, then we stand to collect 10u if the horse wins, and that's a high confidence bet. This horse will often firm in betting. If the horse is odds of $2 we stand to collect 2u, so this is low confidence, or possibly just a ‘saver’ bet. This horse will often drift in betting. So using the amount to be collected, with 5u (or the average collect) as the 'barometer', can be a reasonable indication of whether a horse will firm or drift, particularly at the extreme ends of the spectrum. This can help you decide whether to back the horse early at a fixed price, or take a late betting option such as BFSP/BOB/BTSP if not able to monitor. An example was a horse called Flash Boy at Bendigo. Advised 0.5w but available market price was only $5. Given that's only a 2.5u win collect, locking in an early fixed price wasn't the way to go. Those who backed it with Bet365 got $9 SP, BTSP paid $10.90, BFSP $13, and last matched Betfair price was $14.50. One question that is asked is when should a bet not be placed if the value has gone? In general terms, advised bets should be placed, but the best way to explain is with extreme examples. Firstly, let's say we advise 1u to win on a horse at $31 for a 31u collect. Should you back it if you miss early prices and it firms to $10? The answer is yes, because the 1u investment still stands to collect 10u and that's still a major collect and a big profit. The significant firming indicates simply how incorrect the initial market price was, but how much you stand to collect indicates the horse is still a value bet. If I advise 0.1u on a horse at $31, and it firms to $10 before you have bet, well then you only stand to collect 1u if it wins backing it at $10, well below what you would normally expect to collect on a winner with the service, so you could give this horse a miss as long term there's little value to be had taking unders on those runners. A better example is if a service advises 1u to win at a horse at $5, and it firms to $2 before you've placed you bet. Again the original collect was 5u, but now with a 1u investment on a 2u collect, this no longer would be a worthwhile investment. It's an art, not a science, and ultimately your decision, but the above will help guide you towards when to bet early or late (or not at all in rarer instances). 17) One tip in a race v multiple bets in a race If there is one bet in a race, there is more likelihood of that runner firming (particularly if the expected win bet collect is anything above 5u). When there are 2 bets in a race, it's often the case that one firms & one drifts. However when there are multiple bets in a race (3 or more), it is very rare they will all firm. Usually maybe 1 firms & the rest drift, or often they will all drift. The only exception is if we aggressively back 3 runners at big odds to beat a short-priced favourite. If the short favourite drifts, the others could firm, but it can go the other way. Often exceptional prices are obtained on runners betting against a firm short-priced favourite. Again, the aggressiveness of the staking will guide you on whether to bet early or late. The more horses backed, the more that locking in fixed early prices without an SP buffer should be avoided unless the collect is well above 5u. When there are multiple runners in a race it is often a good opportunity to monitor or use BOB/BFSP. 18) Keep records and regularly review them, but don't worry about always getting the best possible price every time It isn't possible, or required. All of our services are highly profitable, with results easily achieved by following the information contained here. Constant improvement in your betting practices will mean constant improvement in your long-term results, and that's the key to long term success with your betting. Take a couple of minutes out every day (or just once every now & then) to review the flucs & closing prices available of runners we back using dynamic odds & you will soon open your eyes to the potential opportunities. 19) Change your mindset: Don’t suffer from FOMO (Fear Of Missing Out) As a general rule, many punters suffer from FOMO. They take a fixed price on most occasions. The market has changed dramatically and market percentages in early markets have continued to shift upwards to often 130%-135%, which is very high. Taking early fixed prices can be problematic also if there are scratchings, where heavy deductions can be applied, further reducing your final dividend. A mindset shift for many is vital. Realising that the Betfair market close to race start time gets down to around 102%, and waiting and attempting to monitor prices and bet late will result in better overall results for those willing to take the time. 20) Don’t be lazy, and stop making excuses Whilst we understand most members have jobs, the reality is a large proportion of bets are sent on weekends, or outside normal working hours. For all members, there will be periods where they are not working, and it’s at those times where members should look to greatly exceed official results by monitoring and placing bets late rather than blindly betting using Fixed or Best Tote/BOB/BFSP type options. Like most things in life, the more effort you put in, the better the outcome will be. Also like most things, the more you practice something, the better you become. In this day & age with smartphones, bookmaker apps & Dynamic Odds, etc, comparing prices and placing bets at the best odds has never been more simple & accessible. Invest intelligently, don’t be lazy, put a little effort in, and don’t miss out on the even larger profits you could easily be achieving. If you are interested to take your betting game to the next level, we recommend you to sign up to our newsletter to receive a copy of our free 130 page Betting Information Pack . We send out a weekly newsletter full of free Horse Racing and Sports Betting tips, education and information to help you become a far more profitable punter.

Want this year to be the one you stop losing on the punt and start making a reliable profit? Or are you already betting somewhat successfully but want to turbocharge your profits to the next level? Either way, here are 10 handy Betting Resolutions to get your betting on track like a professional.   1) OPERATE A BETTING BANK The reason many punters fail is they do not adhere to the same strategies professionals use to succeed. All professionals have a betting bank, and keep this completely separate from their day-to-day finances. The funds should stay in bookmaker, Betfair and TAB accounts - the separation from your daily finances helps you to keep focused. A betting bank is also necessary so that you stake appropriately with your betting bank and avoid ever being wiped out and having to add funds to your bank. Learn More: How to manage your betting banks following multiple services   2) MAXIMISE YOUR WINNINGS After doing all the hard work in finding and backing a winner, it makes no sense to get ripped off on price. Shopping for odds makes an enormous difference to your overall profit at the end of the year, so having multiple bookie accounts is a must. It’s no different to shopping online and buying a product for a price much worse than you could get on a different website simply because you didn’t look at alternative. But having multiple options isn’t enough, you must ensure you don’t get banned or restricted by the bookies once you start winning! Learn More: 20 Tips To Get The Best Possible Odds Learn More: How do I avoid getting banned by the bookies Learn More: Account Restrictions and what can be done Learn More: Minimum Bet Laws   3) MAINTAIN DISCIPLINE Maintaining discipline is often the hardest part of betting for most punters. Once you have started a betting bank and consistent staking strategy, it can be difficult to maintain this during either a big winning or losing streak. As Mike Tyson once said: "everyone has a plan, until they get hit". Discipline is the key to success in this game, and that includes keeping records to analyse and learn from your mistakes. Learn More: Variance and the importance of sound bankroll management   4) TAKE A LONG-TERM FOCUS Remember betting is a marathon, not a sprint. It frankly doesn’t matter how much you won or lost on a given day, week or even month. All that matters are the long-term results, and if you focus on the long term (minimum one-year horizon) you will find your frustrations and concerns around your betting performance on a given day, week or even month is actually of no long term consequence, and is a natural part of the investment cycle. Learn More: Perspective   5) FIX YOUR MINDSET Staying positive and unlearning the betting myths that you would have learned from the 99% of unsuccessful punters over the years are key to betting successfully. If you have the right long-term mindset you’re already ahead of most punters, and are already halfway towards success. If you have the wrong mindset, you are likely to fail at anything you attempt, and betting is no different. Learn More: ‘Bouncers’ – Why some people fail following tipster services   6) ONLY BET WHEN YOU’RE GETTING VALUE Make sure you aren’t simply following the big money, by which time you are often simply backing horses that are ‘over bet’ and no longer value. Always ensure you are also betting when the odds available exceed your expected chance of that horse winning. Learn More: What is value in gambling?   7) DIVERSIFY You may have a successful betting method yourself, or a service that is delivering you great profits. But are you sure that method or service will continue to be profitable ongoing? A critical element to any successful investor is diversifying to reduce risk and maximise profits. Learn More: The benefits of multiple betting services   8) FOCUS ON PROFIT Just remember that whilst factors such as Strike Rate and Profit on Turnover are useful calculations, at the end of the day the most important number is the Profit you’ve made at the end of the year. Maximising Profit should always be your number one primary objective and shouldn’t be sacrificed solely in an attempt to improve Strike Rate or Profit on Turnover percentages. Learn More: Results   8) LEARN THE MATHEMATICS Bookmakers win because they understand two key principles: Mathematics and Patience. Ensure you understand the maths, so that you can turn the odds in your favour. Learn More: Understanding Market Percentages Learn More: The Mathematics - Runs of Outs or Losing Streaks   9) GET YOURSELF EDUCATED Make this year the one you get educated – whether by reading books, listening to true experts in their field through the media, or searching online - start learning from those who are successful in their field. By trying to replicate what they do, you will begin to generate consistent profits. Learn More: FREE BETTING EDUCATION Learn More: WINNING EDGE PODCAST Learn More: WINNING EDGE TV   10) FOLLOW A PROVEN STRATEGY Whether it is using your own successful betting strategies and/or following services run by professionals with a long term proven track record , make sure your betting activities have a purpose this year. Long Term Profit! Learn More: 10 reasons why Winning Edge Investments is the #1 Tips & Ratings Provider in Australia

We regularly have members e-mail us relaying various stories and grievances about being banned by certain bookies. The first time it happens can be quite pleasing in some respects, but it quickly gets incredibly frustrating. As a result we decided to write an article about potential ways to avoid being banned by the corporate bookies. If you continue to follow successful horse racing and sports betting services with Winning Edge Investments, you'll see the value of your corporate bookies accounts increasing over time. Whilst this is obviously the aim, and very pleasing, unfortunately it may come (or have already come) with an unwanted side effect - We’re talking about being banned or restricted by your bookie, and it’s, a problem encountered by successful punters throughout the world. While many bookmakers are good at generating publicity for taking large bets, you may be surprised just how quickly they ban winning punters. Some bookies only want the ‘mug money’, and target those who have been long-term losing TAB punters. Winners might be grinners, but they can also be quickly banned. Fortunately in Australia this issue has been mitigated to some degree, with Minimum Bet Laws now in place with all bookmakers, ensuring even banned and restricted punters can get set. When deciding whether to limit your bets or close your account, bookmakers will analyse many factors, including: 1) Bet Size: As a general rule the bigger the bets, the more likely it is for your account to be flagged 2) Bet Staking: Punters wagering very specific amounts (for example $117 on one bet, $88 the next) 3) Bet Timing: If you’re betting just before the jump, it doesn’t allow the bookie to manage his risk or exposure as well as they would like 4) Specialising: If you bet exclusively within a certain state (or sport) you’re also more likely to be limited or banned 5) Profitability: Both in terms of dollars and profit on turnover. Bookmakers run client profiling software over your account to ascertain whether you’re winning at a level that is higher than they are comfortable with 6) Withdrawals: How much money are you taking out of your account, and are they likely to get these funds back? So how do you avoid being banned, or otherwise find a way to still get your bets on? Some suggestions are as follows: 1) Spread your bets across multiple bookies We would consider this particularly important if you are betting over $80 per unit. Although we continually spruik the merits of holding accounts with numerous bookies, they will ban you eventually if you are betting in large unit sizes and winning. Consider having a portion of your stake with these bookies, and placing the rest with other bookmakers (or Betfair!!). Bets of over $100 often trigger a review. So if we suggest having say 1.8 units on a runner, and you are betting $100 per unit (total bet $180), consider having $60 bets with three different bookies. 2) Consider staking your bets in 'round numbers'. This is actually why the staking for our services are usually in round numbers (e.g. 1 unit, 2 units, 0.5 units, 1.5 units etc). If you are staking in exact/specific amounts (e.g. $91, $132 etc), the bookies may assume you are following a service, or staking using a measured system or strategy. As a result they may cotton on to you quickly once you start winning. If a suggestion is for 0.91 units and you bet $100 per unit, you may want to consider staking 0.90 units instead. Alternatively, place say $80 across one or two bookies, and the other $11 with another bookie. Although an uneven number, at least because the $11 unit staking is small, and hence the bookie will be less concerned. 3) Place your fixed odds bets early where practicable. Not seconds before race start time. This allows the bookie time to manage their risk or exposure by betting back through corporates. As we've outlined previously, it often results in you obtaining the best price anyway. 4) Diversify If you usually only bet on certain sports, or certain days / meetings / venues, hopefully our services add another dimension to your betting portfolio which reduces the bookie's belief that you are specialising in anything in particular, and may even have the bookies believing you are just sitting around at home bored betting on the main racing events. You can look at a range of potential options here: Products - Winning Edge Investments 5) Small meaningless bets It can be worth having a number of small meaningless bets to reduce your average bet size in their systems, and have small bets across other states, on various obscure sports or overseas races etc. Even if you just break even, or even make a slight loss, the reduction in your average bet size and the fact the bookie thinks they might get some of your winnings back will have them leave your account open for longer. It's all about the bookie not believing that you are only following a tried and true method which will undoubtedly produce long term profits. As soon as they see you are 100% structured, measured, and are not going to be a losing punter long term, they will eventually cotton on to you and close your account. The longer you can hold them off from restricting or closing your account, the better! Placing bets on multis and major sporting events are good ways of keeping bookies off your scent. You can always place the opposite bets with another bookie, or lay off on Betfair. 6) Withdrawals One other way to help extend the life of your account prior to it being restricted or closed is to simply not make any withdrawals! Of course, this isn't possible for everyone, but given certain bookies with the best prices could be quick to cut you off, where possible consider making deposits but no withdrawals until the time when they call you and say they have to transfer your funds back to you, as your account has been closed. It's just another factor that will keep you off their radar for longer, as if you're not actually making withdrawals, you can trick the bookies into believing they still have a 'chance' to get their funds back. 7) Bet BOB Bookies such as Vicbet & Betdeluxe bet BOB (Highest of Best Tote, Starting Price (SP) and Top Fluctuation (TF)) on all mainland Australian races every day.  We have horse race betting services that record all results based simply at BOB, making them easy to follow and win without having to rush and take fixed prices, such as the below option: SPEED STARS - Winning Edge Investments 8) Get more bookmaker accounts Obviously if you have an account restricted, then simply getting accounts with as many Corporate Bookmakers as possible is a great solution. Some such as Topsport and David Dwyer are known to be a lot more generous with their bet size limits, and tend not to ban or restrict punters.There are over 30 corporate and rails bokmaker online options these days, so there are plenty of options. And what if you've already been banned from multiple bookies? 9) Get on Betfair! This should be on the radar for any punter, but for those of you who have been banned from multiple bookies, it is of particular importance. Betfair is a godsend for professional punters as they actually encourage you by reducing your commission rate as your bets increase. It’s in their best interests to attract high turnover punters to the site as they don’t have any exposure like a bookmaker, instead they just take a small percentage of all the winning bets. We've already written at length about the fact that on a very large proportion of occasions, our winners could have been backed at a better price than the fixed odds or totes through Betfair. If you're severely restricted in your use of corporate bookies, give them the flick and start focusing on Betfair! Our services run by The Syndicate record all bets simply at Betfair SP, so are a great option if you are tired of, or restricted by, the Corporate Bookmakers: The Syndicate - Winning Edge Investments If you keep following Winning Edge Investments  services you may be surprised how quickly you get your first e-mail or phone call to inform you that your account has been restricted or closed (if it hasn't happened already). So please be vigilant in following the advice above. We trust it will help!

How to run your betting banks following multiple services‏ Given the success of our horse racing and sports betting services , the re-subscription rate as you can imagine is very high. In the early days, a reason a couple of members gave for stopping with a service was losses incurred from following other services provided by other tipping companies. We found this curious, as we always figured if each betting service has a separate bank, how can the poor performance of one betting service impact another? But a couple of recent explanations has led us to understand how this was possible. Firstly, we must define what the purpose of following multiple betting services is. When it comes to investing by betting on racing or sports, 4 key reasons for following multiple services are as follows: More profit (increased turnover) Diversification (reducing risk) Liquidity limitations (cannot get set for unlimited amounts at acceptable odds) Protecting bookie accounts (spreading focus of bets on a wide variety of markets so accounts are not shut down) The key topic to discuss is regarding diversification, but firstly we will briefly discuss the other three points: More profit (increased turnover) This speaks for itself. More betting services means more turnover, which ultimately means more profit, but of course the caveat is the services need to be profitable overall during whatever period you’re assessing. Liquidity limitations (cannot get set for unlimited amounts at acceptable odds) With most betting services there is a natural limit to how much you have on their selections. Firstly, limits are driven by the fact many bookies will only bet you for a certain amount before the odds are reduced, and taking lower prices impacts your POT%. Secondly, some limits are due simply to the fact that one may only be comfortable betting a certain amount before the bet sizes get too large for their comfort zone. Protecting bookie accounts (spreading focus of bets on a wide variety of markets so accounts are not shut down) This one is absolutely critical, and in fact in this modern age probably deserves to be number 1. The reality is those who 'specialise' are the first to get restricted or banned by the greedy corporates . The key is to have the bookies and their bots/traders believe you're just another Joe Bloggs getting lucky on the punt. Must read: How do I avoid getting banned by the bookies The best way to do this is have a dabble on a bit of everything. I've been advising members for years to place bets across a wide variety of racing and sports options, so you aren't flagged as someone who is betting successfully specialising on a certain niche. Most smart professionals and punters are happy even just to 'break even' betting on a variety of racing and sports outside their key specialty, in order to keep the bookies off guard. However, the key topic I want to discuss is DIVERSIFICATION Diversification is a key element of successful investing, and is defined as the process of allocating capital in a way that reduces the exposure to any one particular asset or risk. A common path towards diversification is to reduce risk or volatility by investing in a variety of assets. Let’s take a look at how this is achieved in other forms of investment: Property In property, investors seek to reduce their risk by investing in a number of properties, as they expect overall that their properties will increase in value over time. However, every market is different, and rises and falls at varying times. As a result, an Australian property investor may, for example, purchase one property in each state of Australia, so he has exposure to each different market and will benefit overall as each state goes through its various growth cycles over time. If one property falls in value, it isn’t disastrous as the investor can simply hold onto that property and still sell or release equity in the other properties as they increase in value. The biggest risk is if a property investor takes up a loan that is ‘cross-collateralised’ with the other properties. This is where the bank uses the collateral for one loan as collateral for another loan. In simple terms it means the bank considers the whole portfolio together, so if one property loses a significant amount of value, then they can call in the loans on all the properties. Sometimes cross-collateralising can allow someone to obtain a bigger loan, or obtain a lower interest rate. However, it also means one poor investment can ruin an entire portfolio, which is why I personally wouldn’t advise cross-collateralising an investment property portfolio. Shares In the share market, investors often buy a variety of different stocks (or a fund) in order to diversify. This means they own a number of stocks, so that if the majority of the stocks go up in value, and a minority go down in value (for relatively equivalent amounts), then overall the portfolio will be in profit. I’m not a major expert in shares (I stopped trading shares a long time ago when I realised that the profits available through betting far outweighed those available through shares, and for what I consider lower risk), but I tried to think of a situation where investors leveraged or increased their risk, even if ‘diversifying’. Some investors like more risk for more return, so trade in CFDs. A CFD (Contract for Difference) is a tradable instrument that mirrors the movements of the asset underlying it. It allows for profits or losses to be realized when the underlying asset moves in relation to the position taken, but the actual underlying asset is never owned. However, the kicker is, it is a leveraged derivative. So basically, you can invest 5% of a share, but be exposed to 100% of its value. That’s great if the share goes up, but is disastrous if the share goes down, which is why many people have been bankrupted losing hundreds of thousands of dollars on poor trades through CFDs, and they are banned in many countries. Why am I telling you all of this and how does it relate to betting? As you know, we advise you have a 100-unit bank for each individual service. Well when following multiple services, one must decide how to operate their bank across numerous services, and how much each bank should be worth. There’s a few ways to do this. Let’s assume someone follows 5 services. Option A Run an equal separate bank for each service Service A: 100 units (20%) Service B: 100 units (20%) Service C: 100 units (20%) Service D: 100 units (20%) Service E: 100 units (20%) So if you had a $25,000 total bank, each service would have a separate $5,000 bank, betting $50 per unit. This simple & straightforward methodology can be effective. Option B Have different banks for each service based on your own assessment of their previous success/performance/profitability, expected variance and number of units they invest per week. Service A: 100 units (40%) Service B: 100 units (20%) Service C: 100 units (20%) Service D: 100 units (10%) Service E: 100 units (10%) So you still have a $25,000 total bank, but allocate different amounts of the bank to each service based on your assessment of the above parameters. Service A: $10,000 ($100 per unit) Service B: $5,000 ($50 per unit) Service C: $5,000 ($50 per unit) Service D: $2,500 ($25 per unit) Service E: $2,500 ($25 per unit) These banks of course could be variable, and you could re-assess regularly to determine whether a service should have its bank increased or decreased in line with its performance, variance, total monthly units invested and other measurements. Option C Have one bank for all services combined Service A/B/C/D/E: $25,000 ($250 per unit) This option has the most rapid upside potential, but of course that means it also has the greatest risk attached to it as well. Your increased investment per unit means that even if all services only break even except one which makes a 100-unit profit in the year, then you will still make $25,000 profit. The issue however, is that you are also equally exposed to the worst performing service. So, if one service loses its bank, you risk losing your entire bank across all of the services you follow. This is similar to cross-collaterising loans in property, or investing in CFDs (leveraged derivatives) on the stock market. Ultimately it can result in extremely strong profits, but also can result in rapid deterioration of the bank. This is why we strongly recommend utilising a ROLLING BANK. This means that the value of your unit size should change in line with the changes in your bankroll size. Say you start with a $10,000 bank, betting $100 per unit. If you have a winning run and your bank increases to $11,000, then one unit should commensurably increase to $110. If you have a losing run and your bank drops to $9,000, then one unit should reduce to $90. Taking this action reduces your losses during a downturn period, which is absolutely critical. It drastically reduces the risk of wiping out your bank during a losing run. This method also allows you to maximise your profits during a winning period, which allows you to bet more and follow an exponential growth in profits. Whilst you could argue that reducing your bet size during a losing run costs you profit when the inevitable good run comes along, reducing your bet size protects your bank from a losing run that could last longer than you’d like, and ensures you stay in the game to benefit from that inevitable good run. Some professionals and members like to adjust their unit size after every bet. For others, they prefer to do this daily, weekly monthly or quarterly. Conversely some prefer to do this with each incremental bank jump (e.g. if you have a $10,000 bank you may wish to adjust your unit size after every $1,000 increase or decrease). It does come down to personal preference, but ensuring you take some form of action in this regard is most important. Remember if we circle back to the reason for following multiple services, there are four key reasons More profit (increased turnover) Diversification (reducing risk) Liquidity limitations (cannot get set for unlimited amounts at acceptable odds) Protecting bookie accounts (spreading focus of bets on a wide variety of markets) Whilst Option C is the best for #1, it is actually worse for #2, #3 and #4. You are not reducing your risk through diversification as much compared to Options A & B, you are not helping to deal with liquidity limitations as your bet sizes are larger, and similarly that is not helping to protect your bookie accounts. So what do we suggest? Ultimately which option you choose is up to you, and everyone has different risk/reward tolerances, expectations and investment goals, but our suggestion would be to consider Option B. Weight your portfolio based on your overall comfort level with each service, based on their previous success/performance/profitability, expected variance and number of units they invest per month. Diversifying in your betting is very important as it is in all investment types, but as with other investment types like property and shares, it’s important to be diversified to both increase profits AND reduce risk. As we always state, the key is focusing on the long term. This again is the same with property and stocks. Short-term investment success in any facet is usually rare, fleeting and insignificant, but long-term success can be exceptional when it comes to any form of investing. The key is patience and balancing risk and reward. In terms of future investment, in most cases how large your bank is currently is irrelevant. What matters is structuring your portfolio to maximise your long-term success.   What about when subscribed to numerous services? When you begin subscribing to multiple services as an investment portfolio, it’s important to ensure that your portfolio is balanced in a manner that maximises returns whilst reducing risk and volatility. In the same manner that a share portfolio is diversified to reduce risk, becoming a member of multiple horse racing and sports betting services also diversifies risk. As a result, even though each individual service may recommend a 100-unit betting bank, if you are a member of say 10 services, then a 1000 unit betting bank is too large as your risk is automatically reduced from the portfolio size, and hence having too large a betting bank is reducing the profits you can make. Below is a table showing our recommend unit bank based on the number of individual services you have in your membership portfolio. If you would like further information on bank management relevant to your personal circumstances, please feel free to contact Contact Us

Week In Review Highlights 14-20 June     International Tips & Ratings – The Syndicate Week: +45.7 units profit (23% POT) Overall: +2024.0 units profit (18% POT) Best results across a strong week included Twiceasfast $26.65, Soul Of Wit $24.28, Marado $20.40, More Than A Dime $18.61, Rouge Allure $17.94 & Fifth Of July $15.64. South Africa: +33.2u @ 23% POT Hong Kong: +26.2u @ 91% POT New Zealand: -13.9u @ 56% LOT +573u PROFIT in 2021 !!!   South Africa Tips & Ratings – The Syndicate Week: +33.2 units profit (23% POT) Overall: +1049.1 units profit (22% POT) Another big week in South Africa! Best winners were Twiceasfast $26.65, Soul Of Wit $24.28, More Than A Dime $18.61, Rouge Allure $17.94, Fifth Of July $15.64 & Big Bay $14.68. 24 winners from 46 betting races.   Hong Kong Tips & Ratings – The Syndicate Week: +26.2 units profit (91% POT) Overall: +214.9 units profit (12% POT) Just the one betting meeting this week which came on Sunday at Sha Tin & it was a big one driven by Marado $20.40, Joy Master $11.85, Sky Field $8.70 & Hinchinlove $7.70. 7 winners from 9 betting races!   Greyhound Genius Week: +10.5 units profit (44% POT) Overall: +1191.0 units profit (12% POT) Good start to the week on Tuesday with our one bet Brindle Beauty winning with ease at Gosford. We finished up even on Thursday night with Wicked Spartan $2.50 the highlight, Tarawi Ted ran 2nd at $2.45. Big day at Grafton on Friday with each way bet Street Cry landing the cash for us at $8, our other bet Horace ran a very narrow 2nd. No luck on Saturday night with place bet Candy Carrera narrowly missing 3rd. 3 winners from 6 betting races.   NBA Tips Week: +1.7 units profit (33% POT) Overall: +28.6 units profit (17% POT) A strong playoffs continue with 2 of our 3 bets winning this week. They were Phoenix -3 & Atlanta +3! 8 winners from last 10 bets!   AFL Tips Week: +1.2 units profit (39% POT) Overall: +9.9 units profit (8% POT) Geelong fell 5 points short of covering the -9.5 on Friday night but we landed a nice $2.98 treble over the weekend with Brisbane, GWS & Essendon all winning.   Australian Tips & Ratings – The Syndicate Week: -14.3 units profit (9% LOT) Overall: +2181.4 units profit (14% POT) Highlights across the week included Danerich Dan $21.49, Mind Tricks $15.12, Sizzkye $10.37, Niewand $9.21 & It’s Kind Of Magic $8.50. NT: +18.5u @ 84% POT VIC: +11.2u @ 30% POT TAS: +0.2u @ 2% POT QLD: -2.5u @ 6% LOT SA: -7.7u @ 100% LOT WA: -12u @ 44% LOT NSW: -15.2u @ 100% LOT   WEEKLY HIGHLIGHTS       LATEST WINNING EDGE PODCAST Up-and-coming NSW trainer Ethan Ensby     In the latest edition of the Winning Edge TV Podcast, hear from Ethan Ensby about his journey in the racing industry and the challenges of making it as a young trainer. Based in Ballina, NSW, Ethan opens up about all things racing, his plans for the future and what the industry must focus on to ensure its sustainability. Ethan shoots from the hip and isn't afraid of having an opinion, so we're sure you'll enjoy this episode which covers a range of important racing topics.   WATCH ON WINNING EDGE TV LISTEN ON SOUNDCLOUD (FULL VERSION)       Results Graphs & Spreadsheets for all services       Follow us on your favourite social media sites and get daily horse racing and sports betting updates, FREE pro tips and betting education.             WINNING EDGE PODCAST Hosted by Brad Thompson, guests have included leading horse racing trainers, jockeys, owners, media presenters, professional punters, bookmakers, participants and other colourful racing identities including Nash Rawiller, Blake Shinn, Tony Mcevoy, Tommy Berry, Andrew Forsman, Jeff Lloyd, Lindsey Smith, David Vandyke, Kris Lees. John Sargent, Scott Brunton, Richard Litt, Ryan Maloney, Ryan Wiggins, Dan Bowman, Toby Edmonds, Michael Cahill, Chad Schofield, Dale Smith, Andrew Hawkins, Tristan Merlehan, Larry Cassidy, Dan Kelly, Jim Conway, Will Hulbert, Jordan Frazer, Tony Gollan, Sam Phillips, Paul Daily, Jason Kerr, Nick Heathcote, Richard Irvine, Tim Clark, Allan Endresz, David Dwyer, Grant Lynch, Bruce Slade, Sam Tankard, Nevesh Ramdhani, Jason Maskiell, Robbie Dolan, Dean Evans, Cameron O'Brien, Mat Smith, King Abraham, David Barrett, Lachlan Mosley, John Lawson, Luke Murrell, Mark Rhoden, John Evans and Peter Lawrence.   LISTEN: WINNING EDGE PODCASTS         WINNING EDGE TV Race Previews Race Reviews, Webinars and Feature Presentations from Professional Punters and Expert Analysts including Dean Evans (Trial Spy & Dean's Tips), King Abraham (The Syndicate)., Cameron O'Brien (WA Tips & Ratings), Mat Smith (Speed Stars) and Lachlan Mosley (Blackbook Bets).     WINNING EDGE YOUTUBE CHANNEL       Invest intelligently with Winning Edge Official results are tallied using our fair odds recording policy: either the third-highest fixed price available, or the tote option advised. With over 20 bookmaker options available to punters in Australia, plus three totes, plus Betfair, most members exceed official results. Every member receives a 130 page Members Information Pack full of information on how to maximise their profits, covering topics including how to get the best possible odds, how to avoid getting banned by the bookies, improving mindset, sound bankroll management, understanding variance, FAQs and much more. Our analysts are highly experienced, professional punters in their own right: if they're recommending a bet to you, it's because they're backing it themselves. Our clients include full time and semi professional punters, stewards, trainers, jockeys, owners and media, all the way through to novices who want to simply 'bet and forget' profitably with Australia's most respected, reputable & profitable tipping organisation All services have a long term track record of sustainable profit, with full transparency, honesty and accountability. Winning Edge is the only tipping organisation with results posted to the website and social media daily, win or lose. Our team is made up of real people with social media profiles who are always contactable & passionate about providing more than just tips, but also education and advice to punters on how to become highly profitable long term. We have a long list of testimonials from happy, successful long term clients who have been with us since inception. Unlike virtually all other tipping organisations, we don't and have never received affiliate commission payments from bookmakers based on your losses. Sick of losing? Start treating your betting like a business with Winning Edge Investments .   FOLLOW & LIKE US ON YOUR FAVOURITE SOCIAL MEDIA SITES

International Tips & Ratings – The Syndicate Week: +45.7 units profit (23% POT) Overall: +2024.0 units profit (18% POT) Best results across a strong week included Twiceasfast $26.65, Soul Of Wit $24.28, Marado $20.40, More Than A Dime $18.61, Rouge Allure $17.94 & Fifth Of July $15.64. South Africa: +33.2u @ 23% POT Hong Kong: +26.2u @ 91% POT New Zealand: -13.9u @ 56% LOT +573u PROFIT in 2021 !!!   South Africa Tips & Ratings – The Syndicate Week: +33.2 units profit (23% POT) Overall: +1049.1 units profit (22% POT) Another big week in South Africa! Best winners were Twiceasfast $26.65, Soul Of Wit $24.28, More Than A Dime $18.61, Rouge Allure $17.94, Fifth Of July $15.64 & Big Bay $14.68. 24 winners from 46 betting races.   Hong Kong Tips & Ratings – The Syndicate Week: +26.2 units profit (91% POT) Overall: +214.9 units profit (12% POT) Just the one betting meeting this week which came on Sunday at Sha Tin & it was a big one driven by Marado $20.40, Joy Master $11.85, Sky Field $8.70 & Hinchinlove $7.70. 7 winners from 9 betting races!   Greyhound Genius Week: +10.5 units profit (44% POT) Overall: +1191.0 units profit (12% POT) Good start to the week on Tuesday with our one bet Brindle Beauty winning with ease at Gosford. We finished up even on Thursday night with Wicked Spartan $2.50 the highlight, Tarawi Ted ran 2nd at $2.45. Big day at Grafton on Friday with each way bet Street Cry landing the cash for us at $8, our other bet Horace ran a very narrow 2nd. No luck on Saturday night with place bet Candy Carrera narrowly missing 3rd. 3 winners from 6 betting races.   NBA Tips Week: +1.7 units profit (33% POT) Overall: +28.6 units profit (17% POT) A strong playoffs continue with 2 of our 3 bets winning this week. They were Phoenix -3 & Atlanta +3! 8 winners from last 10 bets!   AFL Tips Week: +1.2 units profit (39% POT) Overall: +9.9 units profit (8% POT) Geelong fell 5 points short of covering the -9.5 on Friday night but we landed a nice $2.98 treble over the weekend with Brisbane, GWS & Essendon all winning.   Australian Tips & Ratings – The Syndicate Week: -14.3 units profit (9% LOT) Overall: +2181.4 units profit (14% POT) Highlights across the week included Danerich Dan $21.49, Mind Tricks $15.12, Sizzkye $10.37, Niewand $9.21 & It’s Kind Of Magic $8.50. NT: +18.5u @ 84% POT VIC: +11.2u @ 30% POT TAS: +0.2u @ 2% POT QLD: -2.5u @ 6% LOT SA: -7.7u @ 100% LOT WA: -12u @ 44% LOT NSW: -15.2u @ 100% LOT International Tips & Ratings – The Syndicate Week: +45.7 units profit (23% POT) Overall: +2024.0 units profit (18% POT) Best results across a strong week included Twiceasfast $26.65, Soul Of Wit $24.28, Marado $20.40, More Than A Dime $18.61, Rouge Allure $17.94 & Fifth Of July $15.64. South Africa: +33.2u @ 23% POT Hong Kong: +26.2u @ 91% POT New Zealand: -13.9u @ 56% LOT +573u PROFIT in 2021 !!!   South Africa Tips & Ratings – The Syndicate Week: +33.2 units profit (23% POT) Overall: +1049.1 units profit (22% POT) Another big week in South Africa! Best winners were Twiceasfast $26.65, Soul Of Wit $24.28, More Than A Dime $18.61, Rouge Allure $17.94, Fifth Of July $15.64 & Big Bay $14.68. 24 winners from 46 betting races.   Hong Kong Tips & Ratings – The Syndicate Week: +26.2 units profit (91% POT) Overall: +214.9 units profit (12% POT) Just the one betting meeting this week which came on Sunday at Sha Tin & it was a big one driven by Marado $20.40, Joy Master $11.85, Sky Field $8.70 & Hinchinlove $7.70. 7 winners from 9 betting races!   Greyhound Genius Week: +10.5 units profit (44% POT) Overall: +1191.0 units profit (12% POT) Good start to the week on Tuesday with our one bet Brindle Beauty winning with ease at Gosford. We finished up even on Thursday night with Wicked Spartan $2.50 the highlight, Tarawi Ted ran 2nd at $2.45. Big day at Grafton on Friday with each way bet Street Cry landing the cash for us at $8, our other bet Horace ran a very narrow 2nd. No luck on Saturday night with place bet Candy Carrera narrowly missing 3rd. 3 winners from 6 betting races.   NBA Tips Week: +1.7 units profit (33% POT) Overall: +28.6 units profit (17% POT) A strong playoffs continue with 2 of our 3 bets winning this week. They were Phoenix -3 & Atlanta +3! 8 winners from last 10 bets!   AFL Tips Week: +1.2 units profit (39% POT) Overall: +9.9 units profit (8% POT) Geelong fell 5 points short of covering the -9.5 on Friday night but we landed a nice $2.98 treble over the weekend with Brisbane, GWS & Essendon all winning.   Australian Tips & Ratings – The Syndicate Week: -14.3 units profit (9% LOT) Overall: +2181.4 units profit (14% POT) Highlights across the week included Danerich Dan $21.49, Mind Tricks $15.12, Sizzkye $10.37, Niewand $9.21 & It’s Kind Of Magic $8.50. NT: +18.5u @ 84% POT VIC: +11.2u @ 30% POT TAS: +0.2u @ 2% POT QLD: -2.5u @ 6% LOT SA: -7.7u @ 100% LOT WA: -12u @ 44% LOT NSW: -15.2u @ 100% LOT

Saturday 19th June -4u at -100% POT 0 winners from 3 selections 0% Strike Rate Winners: Nil Comments: Another day another horse narrowly beaten costing us a winning day. Selection Review Tier 1 Flemington Race 4 #4 Poysed To Rein $3.00 (UNP) – supported well late but failed to show any of the late speed from her first up run at Morphettville, her early speed was 5L faster and the track was considerably wetter which may give an explanation into the performance. Tier 2 Flemington Race 3 #4 Hidden Legend $7.00 (UNP) – he firmed in the market both early in betting and also late which was a positive sign that he may have been heading towards his form from last preparation. Unfortunately he ran very poorly with no obvious excuses. Flemington Race 3 #10 Zorro’s Dream $7.00 (2nd 0.3L from a 7u return) – he was a bit slow to begin but ran very well and was beaten just 0.3L costing us a winning day. In this case he really was robbed of the win as Express Pass found a lane in the final 200m that was around 1.5L faster than Zorro’s Dream which ultimately was the difference at the finish line.   Summary Another day where less than 0.5L cost us a result. June Results To Date -12u at -100% POT 0 winners from 10 selections (4 horses beaten by less than 1L for an 29.8u return) 0% Strike Rate   Speed Stars Service Results (since inception 11/07/2020) +32.5u at 8.1% POT 17/41 Winning Weeks  5/11 Winning Months (only 3 betting days in April/May 2021 due to family reasons resulting in loss of -4.2u over both months) 3/3 Winning Quarters (not including current Quarter to June 30)   Long Term Results 78/129 Winning Days – 60.47% 19/30 Winning Months – 63.33% 9/10 Winning Quarters – 90.00% 39.7% Strike rate +418.8u at 37.2% POT   Long Term Model Results Spreadsheet

Test another 12

Week In Review Highlights 7-13 June     International Tips & Ratings – The Syndicate Week: +37.8 units profit (14% POT) Overall: +1993.4 units profit (18% POT) A strong week which was highlighted by Ziva La Winter $25.47, Beneficiary $18.95, Sheeba Darling $18.44, Kiss Your Song $15.24, Cocoa Hill $14.18 & Moon Rock $13.67. New Zealand: +15.8u @ 17% POT South Africa: +14.9u @ 11% POT Singapore: +7.5u @ 23% POT Hong Kong: -0.4u @ -6% LOT +528u PROFIT in 2021 !!!   QLD Tips & Ratings – The Syndicate Week: +16.0 units profit (22% POT) Overall: +355.0 units profit (12% POT) A good week in Queensland driven by Superium $17.94, Tofane $11.21, Patented $11.81 & Brooklyn Hustle $9.56. 12 winners from 25 betting races.   New Zealand Tips & Ratings – The Syndicate Week: +15.8 units profit (17% POT) Overall: +552.2 units profit (15% POT) Best winners across the week included Rubyshowoff $13.35, Taika $11.19, Atomic Kitten $10.50 & El Bee Darci $8.80. 12 winners from 30 betting races.   South Africa Tips & Ratings – The Syndicate Week: +14.9 units profit (11% POT) Overall: +1015.9 units profit (22% POT) Another good week in South Africa, Best results were Ziva La Winter $25.47, Beneficiary $18.95, Sheeba Darling $18.44, Cocoa Hill $14.18, Moon Rock $13.67, Enchanted Creek $13.10 & Mr Frostie $10.16. 18 winners from 41 betting races.   Singapore Tips & Ratings – The Syndicate Week: +7.5 units profit (23% POT) Overall: +236.6 units profit (25% POT) One betting meeting this week on Saturday from a strong win. Highlights were Kiss Your Song $15.24, Entertainer $11.93 & Matsuribayashi $10.71. 5 winners from 11 betting races.   NBA Tips Week: +6.2 units profit (59% POT) Overall: +27.0 units profit (16% POT) A strong week of playoffs action with 5 of our 6 bets winning! Highlights were Phoenix at the -5.5 in Game 1 & -5 in Game 2, Philadelphia beating Atlanta in game 3 on Saturday was also a good result.   Syndicate Sizzlers – The Syndicate Week: +5.8 units profit (73% POT) Overall: +7.1 units profit (4% POT) A small win to begin the week on Wednesday driven by Wild Chap bolting in at Canterbury paying $3.90 followed by a great day on Saturday with New Arrangement $9, Brooklyn Hustle $8.50 & No Effort $6.20 all nice winners. 4 winners from 12 betting races.   Feature Futures – Peter Jones Week: +2.2 units profit (46% POT) Overall: +235.4 units profit (30% POT) A win on Saturday highlighted by Converge winning the JJ Atkins at $3.30. We were close to a big day with each way bet Vega One running a narrow 2nd at $26 (13u worth) in the Stradbroke. 1 winner from 2 betting races this week.   WA Tips & Ratings – Cameron O’Brien Week: +0.7 units profit (6% POT) Overall: +120.7 units profit (8% POT) It was a great start to the week on Monday at Northam with Dark City $8.50 & Choice Command $8 both landing the cash! It was nearly a huge day at Belmont on Saturday with Agent Jay $12.10 & Secret Statue $4.40 both running 2nd beaten a nose (13.3u worth). 2 winners from 11 betting races.   NRL Tips Week: +0.7 units profit (10% POT) Overall: +285.5 units profit (13% POT) Both bets this week came on Friday night, North Queensland were very disappointing against Manly in the early game, but Cronulla held on against Penrith in the late game to make it a winning week.   WEEKLY HIGHLIGHTS       Results Graphs & Spreadsheets for all services       Follow us on your favourite social media sites and get daily horse racing and sports betting updates, FREE pro tips and betting education.             WINNING EDGE PODCAST Hosted by Brad Thompson, guests have included leading horse racing trainers, jockeys, owners, media presenters, professional punters, bookmakers, participants and other colourful racing identities including Nash Rawiller, Blake Shinn, Tony Mcevoy, Tommy Berry, Andrew Forsman, Jeff Lloyd, Lindsey Smith, David Vandyke, Kris Lees. John Sargent, Scott Brunton, Richard Litt, Ryan Maloney, Ryan Wiggins, Dan Bowman, Toby Edmonds, Michael Cahill, Chad Schofield, Dale Smith, Andrew Hawkins, Tristan Merlehan, Larry Cassidy, Dan Kelly, Jim Conway, Will Hulbert, Jordan Frazer, Tony Gollan, Sam Phillips, Paul Daily, Jason Kerr, Nick Heathcote, Richard Irvine, Tim Clark, Allan Endresz, David Dwyer, Grant Lynch, Bruce Slade, Sam Tankard, Nevesh Ramdhani, Jason Maskiell, Robbie Dolan, Dean Evans, Cameron O'Brien, Mat Smith, King Abraham, David Barrett, Lachlan Mosley, John Lawson, Luke Murrell, Mark Rhoden, John Evans and Peter Lawrence.   LISTEN: WINNING EDGE PODCASTS         WINNING EDGE TV Race Previews Race Reviews, Webinars and Feature Presentations from Professional Punters and Expert Analysts including Dean Evans (Trial Spy & Dean's Tips), King Abraham (The Syndicate)., Cameron O'Brien (WA Tips & Ratings), Mat Smith (Speed Stars) and Lachlan Mosley (Blackbook Bets).     WINNING EDGE YOUTUBE CHANNEL       Invest intelligently with Winning Edge Official results are tallied using our fair odds recording policy: either the third-highest fixed price available, or the tote option advised. With over 20 bookmaker options available to punters in Australia, plus three totes, plus Betfair, most members exceed official results. Every member receives a 130 page Members Information Pack full of information on how to maximise their profits, covering topics including how to get the best possible odds, how to avoid getting banned by the bookies, improving mindset, sound bankroll management, understanding variance, FAQs and much more. Our analysts are highly experienced, professional punters in their own right: if they're recommending a bet to you, it's because they're backing it themselves. Our clients include full time and semi professional punters, stewards, trainers, jockeys, owners and media, all the way through to novices who want to simply 'bet and forget' profitably with Australia's most respected, reputable & profitable tipping organisation All services have a long term track record of sustainable profit, with full transparency, honesty and accountability. Winning Edge is the only tipping organisation with results posted to the website and social media daily, win or lose. Our team is made up of real people with social media profiles who are always contactable & passionate about providing more than just tips, but also education and advice to punters on how to become highly profitable long term. We have a long list of testimonials from happy, successful long term clients who have been with us since inception. Unlike virtually all other tipping organisations, we don't and have never received affiliate commission payments from bookmakers based on your losses. Sick of losing? Start treating your betting like a business with Winning Edge Investments .   FOLLOW & LIKE US ON YOUR FAVOURITE SOCIAL MEDIA SITES

Hear from Sydney trainer Mark Newnham about his runners (four in Group Ones) on Day 2 of The Championships, including the favourite in the Australasian Oaks. You’ll also learn about Mark’s background and his interesting journey to becoming a trainer.   Winning Edge Investments  is committed in providing the highest quality tips and education whilst always remaining open and transparent, focused always on the success of you, our valued member. Why Winning Edge Investments The results of our expert analysts in the public realm are second to none. They are dedicated to staying ahead of the game, constantly evolving and pushing to innovate to get the extra edge so our members can continue to make substantial profits year in and year out. If you want to expand your betting education and skillset, take your betting seriously and become profitable long term then Winning Edge Investments is the service for you. Our expert analysts back all of their selections heavily, most as their predominant source of income, and live and breathe the betting game, which sets them apart from the other services in the market.

In this edition hear from trainer Annabel Neasham about the latest on her talented horses aiming at the big autumn races.   Winning Edge Investments  is committed in providing the highest quality tips and education whilst always remaining open and transparent, focused always on the success of you, our valued member. Why Winning Edge Investments The results of our expert analysts in the public realm are second to none. They are dedicated to staying ahead of the game, constantly evolving and pushing to innovate to get the extra edge so our members can continue to make substantial profits year in and year out. If you want to expand your betting education and skillset, take your betting seriously and become profitable long term then Winning Edge Investments is the service for you. Our expert analysts back all of their selections heavily, most as their predominant source of income, and live and breathe the betting game, which sets them apart from the other services in the market.

Hear from Sam Lyons, racing manager for Grand Syndicates, as the team prepares cult figure Behemoth for Saturday’s G1 Futurity Stakes, before continuing on to the All-Star Mile.   Winning Edge Investments  is committed in providing the highest quality tips and education whilst always remaining open and transparent, focused always on the success of you, our valued member. Why Winning Edge Investments The results of our expert analysts in the public realm are second to none. They are dedicated to staying ahead of the game, constantly evolving and pushing to innovate to get the extra edge so our members can continue to make substantial profits year in and year out. If you want to expand your betting education and skillset, take your betting seriously and become profitable long term then Winning Edge Investments is the service for you. Our expert analysts back all of their selections heavily, most as their predominant source of income, and live and breathe the betting game, which sets them apart from the other services in the market.

One of NSW’s newest trainers Blake Ryan joins the show to chat about his career and racing and journey to becoming a trainer in his own right. Combining his great work ethic with a love and knowledge of horses, Blake is sure to taste success early on in his training career. Blake talks about how his many diverse roles in the racing game have prepared him for training, while explaining his involvement in some big-name horses including Exceed and Excel, Trapeze Artist, Srikandi, Rubick, Menari, just to name a few. Winning Edge Investments  is committed in providing the highest quality tips and education whilst always remaining open and transparent, focused always on the success of you, our valued member. Why Winning Edge Investments The results of our expert analysts in the public realm are second to none. They are dedicated to staying ahead of the game, constantly evolving and pushing to innovate to get the extra edge so our members can continue to make substantial profits year in and year out. If you want to expand your betting education and skillset, take your betting seriously and become profitable long term then Winning Edge Investments is the service for you. Our expert analysts back all of their selections heavily, most as their predominant source of income, and live and breathe the betting game, which sets them apart from the other services in the market.

Dean Evans of Winning Edge Investments joins Jake Williams of Business of Betting podcasts to talk about sports betting as an investment and how to be successful long-term.  Dean Evans is widely regarded as historically Australia's #1 professional horse racing tips provider, with 2 services (Trial Spy  & Dean's Tips ) amassing over $120,000 in profits over 8 years for members using an average bet size of just $60.      Read the transcription here: Jake Williams: Greetings and hello to everyone. This is the Business of Betting Podcast, and I'm your host, Jake Williams. Today is episode 39 and we have Dean Evans joining the show. Dean, AKA the Trial Spy, has been an enormously successful horse racing analyst and service provider based on his innovative and revolutionary approach to form assessment. We chat about investing principles, money management, bank preservation, how to watch to trials, the tipping industry, and the guiding principles for Winning Edge Investments. This podcast is proudly sponsored by Betfair. Betfair operates a betting exchange and is licensed in the Northern Territory of Australia. Residents of Australia can join Betfair by visiting betfair.com.au, and support this podcast by using promo code BOBPOD. Please gamble responsibly. As always, you can find us at businessofbetting.com, or @BettingPod on Twitter. Please fire in any questions or feedback on potential guests you would like to hear from. So thank you for listening and I hope you enjoy my chat with Dean Evans. Today I'm joined by Dean Evans from Winning Edge Investments. Dean, thank you very much for joining me. Dean Evans: No worries, Jake. Thank you very much for having me on. Jake Williams: So let's get straight into it, Dean. What's your background and history in horse racing and betting? Dean Evans: Well, I think my love of racing came from my father. He bred a number of horses in New Zealand and Australia. Had some black type success and a few reasonably handy horses and I used to love heading out to the track, both in New Zealand where I'm originally from, and in Australia, and just going and watching them. I guess from there, I've always had a mathematical background and been good in that area, so it developed I suppose from enjoying betting. And I think enjoying the racing firstly, but I think getting to a point where when you're watching something you enjoy so often, betting is a fairly integral part of the racing game. And so, I used to do that, and I can recall doing it probably from about age 10 on my dad's betting account, trying to pretend with the deep voice calling up the TAB and trying to get things on. I can recall when I was about 13 or 14 watching a particular race. It was on a bog heavy track and doing the form and seeing that there were only three horses that could handle the heavy and everything else just couldn't, boxing those three up and getting a trifecta. It only cost me six dollars and won about eight grand. And I think about then was when it piqued my interest. For a kid that was a truckload of money and I suppose it tweaked in my head that, oh, hang on, if you do a bit of research and you know what you're doing, you can do something out of this. But having said that, I still went through my early years finding a lot of winners and certainly backing a lot of big-priced winners and that sort of thing and knowing that I could beat the market, but still not winning overall. And so, it was really I suppose a situation where I knew this was a passion, I knew that I loved racing, and I knew I suppose that I'd always want to bet on racing, but being the type of person that I am, I decided ... I was losing. I'm also the sort of person that doesn't want to lose money, so I decided rather than quitting, I wanted to educate myself on how to become a profitable and successful punter. And so, that meant reading a lot of books, doing a lot of investigation on the web, and I even started following certain services. And I guess turned myself from a losing punter to one that was winning very handsomely. Went through the same process I suppose as a lot, with winning comes getting banned. I got to a position where I was banned from most bookies in Australia. And that came from developing an edge a few years ago around trials. I was watching a lot of trials and all I was really doing was chucking them in a black book, any horse that I'd seen trial well. And particularly, I liked to focus on maidens and young horses and that still happens today. Maidens and young horses were trialling up against open class horses, or horses that had won a few races and jog trotting next to them while they're under hard riding. And back then, a few years ago, that was just an absolute goldmine. It was quite unbelievable that no one was watching the trials, you have horses going out at big odds who you just knew had panels on the field. And from that, I built an association with Champion and released a service called Trial Spy that was incredibly successful and still is. We've been doing that for about five years and generated around 600 units profit, around 10% profit on turnover, and it's just been an incredibly successful service. We're only able to do one intake for a few days a year and then we close it up, because it's been so popular and I suppose we haven't had many drop offs. So it's shown that that edge was enormous. It's certainly different now, there's a lot more watching it. I know, I'm talking to some friends and acquaintances who work for bookies and that sort of thing, they cottoned on after I started doing webinars to large groups, on the trial game. It's very different now. If there's a horse that trials well, regardless of its form, the bookies keep it tighter than they used to, where they used to ignore or not place as much impetus on the trial form. So I kicked that off and at the same time was doing non-trial related form assessment as well, so that resulted in running another service, and both those services still run today. Jake Williams: I want to run through a hypothetical scenario with you. Before you were with Champion and you were winning based off your trial form, as well typical handicapping, how much do you think a corporate bookmaker should have paid you for that information? Where I'm coming from is instead of banning you, there's obviously a value in you winning long term and them having access to that information. What do you think it was worth to an individual corporate bookmaker to essentially accept a certain level of your bets to have access to that information? Dean Evans: Some of them did do that, and some of them still do that. There's still some bookies that'll let me bet, and obviously with that, the minimum bet laws come in. Most of them have let me bet, some still don't abide, but I give up after a while trying to force them. But some of them still did. From my perspective that was okay to get a little bit on, but it was nothing much, because as soon as I'd place a bet, it would smash those odds in for that bookie. Because I'm running services, I try to avoid that as well and got to a point where I was having to get most of my bets on late, just so that I'd allow members the opportunity to get in there early. They certainly did, but we did some really basic maths on...back in the early days of Trial Spy, everybody had a Bet365 account, they weren't actually banning people, they were betting you the best tote guarantee. And we would have pulled millions from them as a group, even on your most conservative estimates. So it's no surprise. There was a couple of periods where they just went bang and pretty much restricted virtually everyone receiving the service, because they could see the pattern I suppose. And so, you've got to adapt with that in terms of services, obviously. We now send everything out after 9:00AM, so that everybody can at least get on with the minimum bet laws. But also, there's more of an opportunity I think now to ... some can bet early, some can bet late. There's some good corporate products, whether you've got Betfair SP and you can still set a minimum price. Best tote SP, The Global Tote with Top Betta also that throws up some huge prices sometimes. There's alternatives for people and there's more of a mix I think now of clientele, which is good that you've got some who like to bet early, some who like to bet late and monitor themselves, some who like to just use one of those products that I've just spoken about. So you get a mix and there's a lot more balance now, so we don't see the crazy odd movements that used to occur. Jake Williams: Let's talk price. Unlike bookies and totes, the Betfair exchange is a low margin, buy, sell, fixed odds marketplace, where the value stays with the punter, not the house. Ready for the game within the game? Join betfair.com.au. Gamble responsibly. So take us through your mindset when you decided to release your Trial Spy selections, because from my perspective it sounds like you could have put a group together and potentially made a lot of money out of it, doing it without providing access to the public to those selections. What was the rationale to be able to provide that to other punters out there? Dean Evans: In hindsight, we probably could have done a lot better doing that, but at the time, I was learning from some of those involved there and it was sort of a kick off for some additional income considering that I was in a position where I wasn't able to get anywhere near as much on as I wanted to. From there though, what I found was I actually just really, really enjoy the interaction side of things. I think most people know that betting can be a lonely game when you're sitting there in your dungeon and betting away on your own. So I really enjoy the interaction and I enjoy the questions from members and helping them. And it got to the point where with both my services now, there's a 100 page member information pack. And it's basically a culmination of all of the questions that have come from members and punters wanting to learn how to get the best odds, how to avoid getting banned by the bookmakers, and how to just maximize their profits with their betting activities. A lot of it is around the mindset side of things as well. And I enjoy that. I enjoy the education side of it. I enjoy helping people win. And that's probably the reason why I've continued to do it. There's a lot of pleasure from getting emails from people telling me how much they've won over a period, or what they've done with those winnings, and that's enjoyable. Jake Williams: It's incredibly fair, makes perfect sense. So on this topic, you mentioned it sounds like a manifesto, what are some of Winning Edge Investment's philosophies and I guess general thoughts on the horse racing and I guess sports betting, tipping industry as a whole? Dean Evans: Well, I suppose what I tried to do over the time is just listen to what people wanted when it came to tipping services. I think that there's a lot good analysts out there and a lot of good pro punters, but it doesn't always translate to necessarily having a service that people enjoy or are able to win from. I think the industry as a whole has a lot of question marks around it. I think when you look at the fact that a lot of tipping services can promote corporate bookmaker links and that sort of thing, I've got to say it's somewhat antithetical to the aim of having punters win when you're on the flip side, actually incentivised for them to lose by virtue of promoting corporate bookmakers and getting a payment based on losses. I think that's one of the reasons why people have a lot of question marks about a lot of tipping services and their motives. And even some of the major horse racing websites, they're packed full of very useful information and certainly get people to bet more, which is a big positive. And the information they put out in a lot of cases is good, but at the end of the day, they are still ultimately incentivised to get people to bet, and unfortunately incentivised to get people to lose, because that is the structure of how the corporate affiliates work. In terms of complaints from people that I've heard about other sites and generally around the industry, I think results not being posted on the website regularly, meaning that they're not verified. Some don't put them on the website at all. Some only send them if they're asked, which again, I think questions the transparency and you've really got to question the accuracy of those. I think too, you've really got to focus long term with your betting, and yet, most seem to trump on the results over a day or a week or a month, which again, is somewhat meaningless for anyone who's looking at betting long term and making a genuine profit over a long period. You see testimonials that are from members who've had a great day or a week or a great start. There's no clear odds recording policy, so it's unclear how they've come up with these results and whether they're achievable. No explanation of the betting bank, I always find that interesting. There's a lot of talk about units, people using units. But people use units simply to reflect that if you say one unit on a horse, for one person that might mean 100 dollars, for another person that might mean 200, for another person that might mean 500. But what I find interesting is how many have converted across to this units concept, and yet, don't actually have any clear explanation of how many units you're supposed to have for the service. So their whole unit concept is somewhat meaningless. And the results actually not being from when the service started, but created out of thin air somewhat. And people not having any other sort of profile, whether it be on social media or anywhere and being somewhat hidden and unknown. So we took a lot of the experience I guess that I've accumulated from doing this for five years across two different services. With Winning Edge, it was just all about trying to do the right things based on what people wanted from a legitimate service, making sure the results are transparent. We have seven services at the moment across different horse racing genres and sport. We make sure those results are up on the website every day. We've got clear summaries on the units of profit, units invested, profit on turnover, return on investment. A full detailed spreadsheet with every single bet and more detail than I believe any other services have. And we also post the daily and overall results on Twitter and Facebook every single day. So we're accountable in a way that no other services are. There's a very transparent and clear odds recording policy. So with any service that starts with us is firstly a very, very long and involved and detailed process of verifying the results and going through a trial period to ensure that they are genuine. We record at the third best fixed price only from a small, select group of bookies who actually take a bet, along with mid tote. It ensures clarity for members and non-members alike to critically assess and compare each service's performance, and it's stated up front. A lot of services say the same ... "If you'd done this or you'd bet this way, you would have achieved a certain result." But the advice is useless if it's not provided before the tips are sent. We're all about the fairness and achievabilty of the results recording. The services are genuinely profitable and people can see that daily, and are verified by all of the members who are following. We're real people, we're not hiding behind names or just behind a computer screen. They're all people with real profiles and available publicly, not just behind a computer. We provide a profit guarantee with every service. So if our service doesn't show a profit, then we refund the next payment and that just means that, again, the analysts are very much aligned with the customers, and that if the service isn't making a profit, then the analysts aren't getting paid. And again, unlike virtually every other tipping service, we have no corporate bookmaker affiliate deals, which means that if the services are losing we are not getting any income. And we don't just tip, we educate, try to act as a full advisory service, provide very clear information when the bets are sent on whether to bet immediately, whether to bet later, the exact units to have on the horse, the current price and all of the detail. And like I said, new members get a 100 page member's information pack with plenty of education to help them with testimonials from long term members. They're from people who have been with us for years and years, not for a week or two. For me it was really just about the concept of really trying to make sure that everything that I've learned over five years of what people want and how to do things in an honest and open and transparent way about the realities of how to succeed with your betting. That's what's important to me, is that people treat it like an investment and that's when we recently merged horse racing professionals and sport betting professionals into one name. I wanted to call it Winning Edge Investments, because if you look at the definitions of betting and gambling compared to investing, they are very, very different definitions. But I treat it very much as investing, treat it like a business and expect that anyone who's a member is doing the same. Jake Williams: Yeah, that's fair. That makes perfect sense. On the investing side I was curious to listen to some of your public thoughts from while ago now, but talking about investing, and it seems like that was part of the impetus for Winning Edge Investments and people like Warren Buffet from Berkshire and Ray Dalio from Bridgewater. What are some of those guiding principles you've gathered along the way, and you've touched on some of them, but from the investing side more so, that you've been able to translate to sports and horse racing? Dean Evans: Yeah, I love reading about successful investors and particularly around, not only the methodologies that they use, but also the mindset, because that's so critical to success in any type of investing. And I think you've only got to look at what's happening in certain markets. I was reading about Amazon, everybody knows the Amazon business. Their share price at one point was $113. It went down to $5.97 and it's now $1362 I think on last look, the current share price. A successful investor who's backing themself knows when to hold and when to just continue to back their judgment I suppose, whereas the vast majority of people they simply sell and panic during a down period. There was a very interesting analysis that had been done multiple times on hedge funds and funds that invest on behalf of what you'd call mum and dad investors. And what they found is that the actual results that people, your mum and dad investors achieve compared to the results that are actually achieved by these hedge funds is significantly reduced and that's because of the emotion side of it. The mum and dad investors panic and sell when things are going down and buy once they've gone up again. Another great example is Bitcoin. It's probably out of the scope of this discussion around the future and the virtues of crypto currencies, but what I find interesting around Bitcoin is again, it shot up to $50 dollars and then dropped to $15, it shot up to $250 and dropped to $50. Once it got to $1100, it dropped to $185. As we know now, it's $15000, or by the time we're finished talking, it might have dropped to $13000 and bounced up to $17000 Jake Williams: Could be anything. Dean Evans: ... time. But what's interesting now is when I look at cryptos is that a lot of people in the racing industry have gone into that space. And what's interesting is they've almost changed their mindset. The smart ones at least know that crypto, and it's almost become people are accustomed to it, that it's going to bounce up and down, and up and down, and up and down. If you have this belief, and a lot of them have a very firm belief that it is going to keep going up and up at least for a fair while to come, then they're not bothered by those massive swings. And I suppose the reason for me going on about this is that I have the same perspective when it comes to betting. I know that I'm going to win long term, and I'm not bothered by any sort of any short term variance. But what you come to learn in running these sorts of tipping services is that people have a tendency to drop off during a down period and a tendency to hop on after a big winning run and then wonder why they're not achieving those results. And I guess what I have tried to do and will continue to try to do with Winning Edge Investments is say to people, "It's about time in the market, rather than trying to time the market." If you subscribe to our services, you know these are highly successful, expert analysts or full time professional punters, who you can trust and rely on our services. We do everything right in terms of trying to ensure the results are achievable and everything's open and transparent. And if the service isn't performing and we don't have the faith long term that it will, then we terminate, because there's absolutely no benefit in our business in having a losing service. Not only does it not come in because of the profit guarantees, but it also drags down the portfolios of everyone. So we're very quick to act if a service isn't adding any value to what I would call the overall portfolio. But if you look at Warren Buffet, $58 billion net worth, one of the richest men in the world, he actually started as a horse racing handicapper. From learning how to price a horse, he then moved to pricing companies and stocks. And Warren made a fortune being contrarian, backing his own opinion, and it's the same in the racing game. You need to back your own opinion. Respect the market, but don't let it over influence you, because you need to be contrarian and you need to back your opinion. If you don't, then you're not going to win simply following the market. There's a few other quotes of his that I just find interesting that you can relay back to racing or betting in general. He's made the comments before that derivatives are financial weapons of mass destruction, CFDs and options, that sort of thing. I suppose a punting equivalent of derivatives are exotics. Quinellas, trifectas, and quadies, which you can absolutely make a profit from, but if you're not making good profit on your win and place betting, you're unlikely to do so with those. He talks about understanding risk, draw down, it's about using a mathematically sound bank protection strategies. He's made the quote, our favorite holding period is forever. That's again what I'm speaking about. The longer term perspective you take, the more successful you'll be. And he's also said I have no idea on timing, it's easy to tell what will happen rather than when it will happen. The largest global betting syndicates in the world, they don't know when their winning or losing periods will be, they just know they'll win overall. And I guess that's the message that we try to continually convey to our members and to anyone who's interested is that you can make outstanding money from betting on horses, and you can do it in a way that because of the power of compound, you can grow your betting bank significantly quicker than you can with alternative forms of investment. If you've got a $10,000 betting bank, if you chuck it in a bank, you're lucky to maybe make 3%. Warren Buffet himself, he makes 20% per year on stocks. So unless you back yourself to be better than Warren Buffet, you're going to struggle to do 20%. But the difference with betting on horse racing or sport is that you're constantly turning over, you're constantly turning that bank over. So rather than just investing a static $10,000 at the beginning of the year, you're turning that $10,000 over. So although you only need $10,000, you might be turning that over to $100,000 or a million over a year. And at the end of the day, if you're constantly turning that over at say, that $10,000, you're turning over $100,000 in a year and you're only making 10%, well, you've actually made a $10,000 profit. And that's a 100% return on your bank, rather than 20%. And it's that simple concept is where the great potential in betting on racing or sport is. So if you do have an edge and you take a long term perspective, then that is what can be achieved. Jake Williams: So have you thought about doing things to help your investors save them from themselves for want of a better term, in terms of perhaps minimum subscriptions, which obviously, probably from a PR perspective, may not come across great, but things like that where you can not only tell them, but try and save them from themselves? Or, have you just said, "Look, we're going to provide you with all the tools, all the content," and then ultimately if you want to treat it like a mum and dad might treat their investment portfolio and opt in and out at the wrong times, based on panic, that's for them to decide? Dean Evans: Yeah, look, the first thing that we've tried to do is educate, and educate, and educate, and educate, and try to have people hold the answer in their hands. One thing we did do when we merged is we removed weekly memberships. And I find it interesting that a lot of others in the game have in fact done the opposite and only offer weekly memberships, which to me is, again, antithetical to the concept of trying to succeed with your betting long term. So at the moment we only offer monthly, quarterly, or yearly subscriptions. I have given a lot of consideration to removing the monthly subscription. And there's other business models that we've considered and will continue to consider, whether we lump all services together into one and have a one group of services that people follow under the one price and really treat it as one big investment, like that. Jake Williams: To diversify? Dean Evans: Yeah. Ensuring that diversification and then just ensuring that all the services that are in that group are highly profitable and pulling their weight. That's one way. There's other methods around potentially charging based on the actual profit achieved and not charging if a profit's not achieved. At the moment, the difficulty with that is just the mechanics of it and the admin I suppose required catching people. I'd like to do something like that, but it's just an administration nightmare I think. So at the moment for us, it's about doing the right things, educating people and just ensuring that we remain the trusted provider of these services and that people know that our best interests are at heart and they have to be, because our entire business model is based on success. And if we don't succeed, we don't get anything. So at the moment that's the focus, and for me, my passion is really just about educating people. It can be hard to stay the course. It can be hard to hold on when things are going down. I think the difficulty that people have, if you buy a crypto and you just leave it there and you don't look at it, it's easy to ignore it when it's going up and down to a degree. I think what people struggle with is when you're betting, you're there every day, you're placing the bets, so there's a bit more of an early effort required. I don't really call it effort because I enjoy it, both the challenge of getting the best price, but also, there's a lot more enjoyment of sitting there and watching the races and cheering the horses, enjoying the process more than just sitting and watching a number go up and down on a screen. But I think Ray Dalio another one of his quotes was do the hard things, the reward is bigger. And that's a fundamental law of nature. You have to do difficult things to gain strength and power, it's called perturbation. It's how rock or carbon becomes diamond. It's like pushing yourself hard at the gym. If doing something difficult brings benefits from doing it, you look forward to doing it. And that might mean putting twice as much effort into reviewing half the number of races or spending time getting the best possible prices or whatever it is, but life tends to reward those who stay the course and back themselves. And at the end of the day, it's that simple concept of value, if you're getting odds greater than a horse's true chance of winning, then you can't possibly lose in the long term and that's really what I try to focus on personally, and that's what I try to educate people to do whether they're following services or whether they're betting for themselves. That's just the critical element. Jake Williams: So you mentioned before a little bit about the power of compound and what your bank roll can do with turning over money a number of times and repetition of bets and things like that. What is some of the guiding principles for your money management, and what things have you put in place to ensure solid money management? Dean Evans: You've got to start with betting bank that's the first point, in the same way that you'll say I'm going to put X amount in the bank, or I'm going to put X amount into shares, or crypto or property or whatever it is that you're wanting to invest. You need to have a set amount and say this is how much I want to bet. We convert the betting bank into units and utilize a 100 unit betting bank, so if you know if have $10,000 then you're betting 100 dollars per unit. And what you've got to do, some people have ... I wouldn't ever recommend anything less than a 100 unit betting bank. Some people are more conservative and have a 200 unit betting bank. That has some merit as well. And some people like to bet 5% of their bank, 4%, those sorts of numbers are generally around what's advised, similar to hedge funds investing, somewhere between 2% to 4% of their total investment portfolio in any one trade or investment. But yeah, the concept's essentially the 100 unit betting bank and then betting generally is somewhere between 0.5% to 3% on any one bet, or any one horse. And it's really about minimizing your risk and minimizing the risk of depleting your bank to nothing, whilst trying to maximize your return as well. There's always that balance in any type of investment between minimizing risk and maximizing reward. If you bet too little, you don't get enough value out of it, but if you bet too much, then you risk blowing your entire bank. And so, our philosophy with all of our services is exactly the same, it's always the 100 unit betting bank, it's always that you're able to record in exactly the same manner. They're easily comparable, but also, people really understand exactly how to use it. I suppose it's a version of the Kelly criterion, and it's definitely the concept that we use, something like a quarter Kelly equivalent, but not exactly. It's really trying to balance the fact, and the respect that we have that we're responsible for the banks, the betting banks and the investing of a large number of clientele. So balancing that risk and reward is what's critically important and that's why we have these measures in place. Jake Williams: And what about recalculating your bank? How often would you do that? So if you've got a 100 units and they're a dollar each and then you get to 1,000 dollars let's say, when do you recalculate? Is it daily, weekly, monthly? How do you think about that sort of approach? Dean Evans: Yeah, it's a very good question. There's a lot of material on this and there's a lot of opposing opinions. I know a lot of successful punters who do it daily and others who do it yearly. My advice to members is to do it probably no more often than every six months or so. I think for one thing in terms of simplicity, particularly when you're following services, you don't want to be trying to do bizarre calculations on how much to invest if you've got a 10,000 betting bank and someones telling you to bet a unit and you know that's a 100 dollar bet, that's nice and simple. But if you're constantly having to recalculate that and the bet's 1.25 units and your bank's 12,100 and you're trying to do this maths all the time before you put a bet on, it's not all that productive. I think the other problem with daily is we all know the volatility in betting. There's swings and round about all of the time and the challenge is often that you go through a losing run and your bank gets depleted, and then suddenly when you have the inevitable winning run you're having less on the horses because you're using ... Let's say your banks gone from 10,000 to 5,000 dollars, suddenly you're only betting half, so it takes double the effort to get your bank back. So I advise members to look at it every six months, even a year. For me personally, I actually do it each year. I reset and go, "Okay, what am I going to attack with this year?" And I don't reset through the year. I stick with that through the year. It's easier to follow and it's easier to plan for all potential outcomes and requirements through the year that way. So there's a lot of theories on that, I don't believe in necessarily a right way or a wrong way, a lot of it depends on people's personal situation and what they're comfortable with. But I would look at adjusting probably every six months or so, rather than trying to do it daily, unless you're comfortable with doing those calculations consistently. Jake Williams: And what about recalculating your bank? How often would you do that? So if you've got a 100 units and they're a dollar each and then you get to 1,000 dollars let's say, when do you recalculate? Is it daily, weekly, monthly? How do you think about that sort of approach? Dean Evans: I've done a lot of ... in the member's information pack, there's a lot of detail around my thoughts on whether you should have one bank for multiple services, or separate banks. And I'm certainly of the belief that for each service that you're following you should have a separate bank for that. The issue that you have when you've got one bank for multiple services, firstly, if you've got a $10,000 bank, but you're betting on three services, but you're betting 100 dollars a unit, you're automatically, actually, have cut your betting bank in three, which means if one of the services fails and has a significant losing run, you can lose the entire betting bank despite the other's performing well. The other issue is just around diversification. If you have one betting bank for multiple services, you're actually not diversifying despite the fact that you think you might be, because you only need one very, very poorly performing service to drag your entire bank down, whereas if you're following five services and you've got five separate betting banks ... And if you've only got $10,000, you might have a $2,000 betting bank for each service. But at least if you do that, if you have one terrible, terrible service that you're following that doesn't deliver, at least it doesn't bring your whole bank down, it only brings a portion of your bank down. So in terms of diversification, I'm certainly a big proponent of having separate banks for every service, rather than trying to merge everything into one. Jake Williams: That's interesting. I haven't really found any good content online, or maybe I'm looking in the wrong places. It's fascinating that you've covered that deeply in your package you provide to the members. That's very interesting. You see the numbers, you want more control. On the Betfair exchange, you can back, lay, trade and set your own odds. So join the world's largest peer to peer betting platform. Get into the game within the game at betfair.com.au. Gamble responsibly. You're a trial watching expert, so I want to delve into that. We touched on it earlier and I guess take us through when you had the most edge earlier on when you were watching trials. Take us through what you would watch, what you were looking for, what notes you would make, things like that, and how that's evolved to now, and what that edge is like now. Dean Evans: Yeah, in terms of what you look for in trials, I think the first thing is the time. The times were important. I've gone from using the times that were available just on the Racing New South Wales or Racing Victoria, the various websites. Come to the realization that they weren't always accurate, so doing my own timing. Coming to the realization that that was very time consuming, so I moved to Vince Accardi's stuff for a while. And then, at the moment, I now use the Ratings2Win access database. And what I like about that and the reason that I prefer it to all others is it compares the trial times to a par, rather than seeing a raw time. So I got to a point where raw time isn't that important to me. I've not really got any interest in that, and it's really just how quick or slow was it compared to the average or par time that's usually run in those trials. And the raw time against par is one element of it, but what's also very important is simply comparing those times on the same day, because you tend to find whether it's wet or dry track conditions, or the way the wind's blowing, or how far the rail is out, and all these sorts of things can have a big impact on the times. And comparing times of trials across trials run on different days is actually quite problematic and difficult. It can be done with the par times to a degree, but the first thing's just comparing ... You usually have on those big trials, certainly the ones at Rosehill and Cranbourne and all these trial tracks usually have 10 or 12 trials over the same distance. So you can do a lot of comparison firstly on times. And then the second thing is I actually do the form for trials in the same way that most people do the form for races. So I'm actually looking at the horses, the class of the horses, who's involved, the trainer, the stage of their preparation, and almost have ... in my mind, I'm going through and working out what I think the finishing order should be. And then it's having a look at the outcomes. And when you're looking at the trials and you've got some open class horses, some horses who've won a few country races, and you might have some maidens in there, two and three year olds, it's about how should they be competing. And obviously you get very excited when you see a maiden or a young horse who's jog trotting along a far more experienced and successful horse. And that horse might be under hard riding. And certainly when they've run time, then you know you've got a horse that's got a lot of potential coming up. For me, you've got to look very closely at what the jockeys are doing. You can see the jockeys that are hard riding, their forearms are under pressure, or they've got the horse under the stick, they're really trying to get the best out of the horse. Then you've got some situation where the jockeys aren't really pushing the horse out, but aren't restraining it either, they're just letting the horse jog trot under its own steam. And then you've got the situations where you can see the rider almost like he's trying to pull up a weight, his hands are locked tight, and he's trying to pull the horse up. Obviously, in those situations when you can see the horse is still making ground on the leaders or jog trotting up next to others that are hard ridden, that's where you know you've got a horse that certainly has a lot more to give. So those sorts of things that you're looking at as well. There's the action of the horse, does the horse move freely in its action, does it look like it's gliding across without any issues, did it jump well, all that sort of thing, so it can put itself in a position in a race. You find there's a lot of horses that are quite unruly or erratic and then what you want to do is take notes on those and see if they improve their manners over time. And sometimes the ones that improve their manners are the ones that have their race performances and improve sharply. A good example recently with my Trial Spy service about in mid-December, I advised members to take $34 about Sunlight for the Magic Millions and that was on the back of watching it run a Gold Coast trial where it not only ran a time that was 10 lengths above par, but what was interesting was that it was basically jog trotting on the inside of a horse that was ridden out called Outback Barbie that then came out and won a listed race on debut. And it was straight after it won that listed race on debut that I sent the information to members and said, "$34 about Sunlight for the Magic Millions is outrageous. This horse was absolutely jog trotting next to a listed winner. It looks like it's come back incredibly strong and it just needs to win a race to qualify and that's it." And as most will recall, Sunlight ended up bolting in the Magic Millions. Started $3.80 favorite, and that was a fantastic result. But it's that sort of thing that you can see early. Zoustar's another one that I remember before the Golden Rose that I advised members to bet in futures about a month before at $15 because again, it was a young horse, it was running in trials, hard held alongside black type performers. So it's those sort of trials that excite me and that's what you're looking for is those horses with a lot of potential, particularly when they're going into the weaker races, maidens and that sort of thing to start off with. And you know that they're going to blow them away, but you can also follow them successfully through their careers because they've got that potential. Jake Williams: Dean, you're going to get a lot of people banned if you keep providing $34 about Sunlight. So just keep that in mind, please. Dean Evans: I'm aware. Jake Williams: You hear about horses like Pierro I believe who apparently wasn't very good in trialing if my memory recalls me correctly. Do you find those sort of horses as well? If it is a really good horse who just trials poorly or looks terrible, how long does it take to form an alternate opinion about something that is doing those type of characteristic trials? Dean Evans: Yeah, it can be tricky and there's certain trainers whose horses I suppose run up to their trials. There's other trainers whose horses trial like absolute superstars. I guess trial like Tarzan, run like Jane sort of thing. And then there's some that their horses just don't appear to trial well at all, they're always under hard riding. What I've learnt over time is that some of those trainers, they put the heavy boots or shoes on the horses, even the jockeys have got a lot of weight on. Sometimes it might be because they're wanting to put a bet on the horse later, but I don't think it's always as nefarious as that. Sometimes it's just that the trainers like that sort of methodology of the horse carrying a big weight and having those heavy shoes on, and then going to the race and feeling a little light and ready to go. I know Peter Moody was sort of like that, the Snowdens are a bit like that. And I'm finding more recently Brad Widdup is one whose horses, at least on face value, don't trial anywhere as well as they race. Now those trainers are fantastic to follow if you can pick up on that, because their horses tend to be at far greater odds than the ones who've trialled to the naked eyed more impressively. And so that's where the art of it comes in and there's the science of the data and the times and that sort of thing, but there's also a real art around understanding how the different trainers trial their horses and how they look. The Gai Waterhouse don't always as look as impressive, because she rides them out hard, and most people in trials are trying to look for the ones that are hard held, jogging, but all of hers are given a very steady workout. But again in the case of Gai and Peter Snowden and these sorts of trainers, the horses really come on from the trials and tend to continue to improve substantially heading into the races, whereas, I think there's other trainers whose horses are already full wound up for the trial, and then they look very impressive, but they get to race time and they've already done their dash. Or they're simply just massive unders because they've trialling well, but there's others that have a lot more improvement. So it's an art, it's a very difficult thing to sit here and explain simply. But it's like anything, if you find your niche and you focus on it and you do it over a long period, the Malcolm Gladwell theory of 10,000 hours, then you just build a bit of gut instinct on these things and end up working with that and trusting that through the process. Jake Williams: So take us through your Saturday or a race day. Once you've done all your form, you've looked at the trials, you've done your additional form on top of that, what does it look like for you? Are you just sticking to what your form says and betting accordingly? Are you accounting for the bias of the track? Take us through what you do on a race to race basis on a Saturday afternoon, for example. Dean Evans: Yeah, well, Saturday's often mayhem. I've got the two services, Trial Spy and Dean’s Tips, so the Trial Spy's entirely on the trial form and the trial analysis and then Dean’s Tips is based on my assessment of the Ratings2Win database access and speed ratings and compiling ratings on horses and identifying the big value there. So yeah, the first thing I'm doing I suppose, bang on 9:00 AM, the first thing I'm doing is sending the information out to members and then I'm looking myself at the markets and getting any early bets on, where there's significant value. Through the day, I have a tendency, I bet more on ... do all of my analysis and then focus on the key horses that I want to back. And sometimes in a race there might be a strategy, we're backing two or three horses, and so I might back one early and then look late for the others. But I tend these days to very much stick with my opinion. I do an enormous amount of hard work every day in order to form the opinions that I have. And I think it goes back to the quotes from Warren Buffet and the like where you've got to be contrarian, have your own opinion. And I've seen some winners drift to crazy prices. We had one for the Dean’s Tips service, it was 100/1 when I gave it out, and it ended up drifting out to as much as $560 on Betfair and won, a horse called Emmadee. Now if you let the market convince you that the horse can't win when it gets out to 560/1 then you've missed out on an enormous opportunity. So I've found especially these days, the market enormously over reacts. We see it in cricket, it's an example where a big bash you're watching and those prices fluctuate up and down based on a wicket or that sort of thing. I find in racing the markets are massively over betting by the end of it, particularly favorites. I mean, there's some short priced favourites that just get down to crazy odds and the rest of them drift. And they're not drifting because there's something wrong with them, they're just drifting because of the market forces of the money on the favourite or one or two horses. And these days, that market is controlled by a fairly small set of very substantial punters and betting syndicates who more or less a lot of them have the same opinion anyway. What I have become quite good at is assessing what I think the market will do compared to what I think the market should be in terms of trying to determine what those big syndicates are likely to bet on, the robots as some call them, where they're most likely to focus, and then determining whether the drift is simply because of the market backing the horses as expected or not. Certainly track bias is something that comes into it in a big way. It's probably my biggest frustration is the track bias prevalent at the moment. I know there's a lot of different opinions on this, but I actually come from the roots I suppose of the fact that I love horse racing. And one thing that I loved about horse racing is watching horses come from the back and charge home. And you see it in a lot of countries, in New Zealand it certainly happens, Hong Kong has a big straight where it happens a lot, in the UK. Horses can win from anywhere. What seems to be happening in Australia is ... and it's not necessarily the fault of track managers, but the tracks are just so rock hard and they're so tightly turning in a lot of these smaller tracks that horses just can't win from the back. I find that racing ... I just find it boring. I know a lot of people in betting are saying, "Well, it's easy, you just back horses that are on pace and that sort of thing." And certainly that's a huge edge, is simply focusing on horses on pace. But I still love to go down to Flemington every year and enjoy watching the Melbourne Cup Carnival. I think it's the best racing in the world, I just absolutely love it. But when you've got huge fields of 16, all you want is for the horses to have the ability to come from out wide and swoop. And I've found in recent years that that's becoming less and less prevalent even a big track like Flemington. So I'm finding the enjoyment of watching those huge races a lot less when it's actually more about the map and who can get into the decent spot, rather than who's the best horse, and every horse having a reasonable, even an opportunity to win. And we're finding a lot of races these days, horses just don't have the opportunity to win. Now, from a betting perspective, I understand you can take advantage of that by doing your maps well, but as a racing lover, it's probably my key bugbear at the moment is just that the tracks aren't being prepared to give the horses, and therefore the owners and the punters, every chance on actually backing the best horse. And I hope it's something that the industry looks into, because I certainly know that your rank and file punters who fund the industry, they do like to see swoopers, they like to see horses having their chance, and they don't just want to see a procession of leaders on the rails winning all the time. So that's something I guess getting back to the point of your question, yes, if there's a significant track bias and I'm on something that might need a bit of a backmarker, then I will look at adjusting my bet, whether that's smaller or eliminating it entirely. You can't ignore that, but you've got to be careful not to overcompensate as well, because it's quite interesting how often there can be a prevalent track bias for the first six or seven races on the day and the last one or two it actually goes the complete opposite way, because all the jockeys go silly up hard and front, set a suicidal pace, and then they win from the back at the end. It's all part of it, but to summarize, I put in so much work at the beginning that I generally tend to stick with that and there's the ups and downs that go with track bias and things changing through the day, but I generally stick with my process and find long term, again, that there's swings and round abouts, but long term it's fine. Jake Williams: Poor old Chautauqua. It could have been anything with favorable tracks in Australia. Dean Evans: Well, I think he's done a pretty amazing job with his style, but I guess when you look, most of his success has been at Randwick, which for the most part is a pretty fair track, and down the straight at Flemington, those sorts of things. But yeah, he's an absolute superstar. I think people really love that style of racing, they really do. And you want those horses to at least have a reasonable chance. We all understand that on pacers win most races and there can be reasonably slow tempos in Australia, so they're going to be favoured. But yeah, what frustrates me is when a horse hooks out wide and that's essentially quicksand and the horse just can't possibly win, or there's a rails bias. It's that sort of thing that just needs to be stamped out, because it's not racing anymore, it's just nonsense. Jake Williams: Even Winx had an element in the beginning. Certainly I remember the Sunshine Coast race, which most people probably remember, which started off the winning streak I believe, or it was one of the earlier races where she just went crazy down the outside and you don't see too many of those, not consistently anyway. So it's an interesting thought. Dean Evans: It certainly made people wake up and think this horse might be something special. Winx, I think it's one of the things that people enjoy about the Trial Spy service, we actually backed Winx at its first two starts and by no means identified that it would become the champion it was. But you could see from its early trials that there was definitely something there in terms of an engine and they gave her a couple of quiet trials. But the little bit that they tested her out, she showed something. And horses like Winx and Chautauqua and Redzel and a lot of these high quality horses, who star in most Golden Slipper winners, horses that from the Trial Spy service we've identified early on in their careers. And I think that's something that I get a lot of enjoyment from too, was identifying them early and then following them through their careers. But certainly that's where the trial stuff gives you a different sort of edge and perspective and opportunity. Jake Williams: So before we finish up, I want to go back to Winning Edge Investments for a minute. Who do you suggest, based on what you've said, I think I know what the answer is, but who do you suggest signs up to your service and services? Are you only looking for those with a long term sort investment strategy and people who are using those types of words, who want to be in it for a long haul, and eke out 10%, 12%, 14%, 16% or whatever it is, and align their investment goals with that? Is that your target? Dean Evans: Yeah, absolutely. You need to be prepared to be disciplined, you need to be prepared to have a betting bank. One thing about I guess the tipping industry and the services is we need to balance the membership numbers, and we do that by ensuring that we're priced in a way that we're not flooding ourselves with a ridiculous number of members. There's certainly a lot of services that have far more members than us, but we deliberately keep it to a restricted level and will close services and have done plenty of times if we're going over membership numbers, or we're seeing any issues with prices. So we're not out there desperate for the maximum number of members. In fact, we're quite the opposite because the success of our existing members, amount of members in the future is imperative, because we're in it for the long haul. And what's also very important of course is that our analysts are doing it for a living and betting themselves, so they can't afford to have prices disappearing or crucified. So we are looking for people with a long term perspective. We're looking for people that are interested in treating it like an investment, and understand the ups and downs and want to be educated. I go back to myself in that I knew that I was good at finding winners and finding good value, but I was still losing a lot on the punt until I learned about the mindset side of things and setting a bank and being disciplined and using the various money management strategies that we advocate. So for me, it's anyone who's interested in this long term and I guess has the mindset of hey, I love racing, or I love sport, I'm going to bet on it. You've either got the option of trying to not bet at all, or you may as well make some money from it and enjoy it. And I guess that's what we focus on, is people with that sort of mindset, but that understand that that's not going to come from one big win, and it's not going to come from winning every single day or every single week or even every single month, but that you're going to have the ups and downs in the same way that a lot of the biggest companies in the world, Apple, Amazon, Google, even Bitcoin. It's gone up from 5 cents to $15,000. They all have big ups and downs, we have our swings up and down too. But if you look at the results graphs overall of our services, they're going up, and if they don't, they're removed. So that's the mindset, is that investment mindset. And if you have that or you want to learn how to get that, then you're probably suitable. And if you're not and you're just wanting to have 20 or 50 bucks on a Saturday, there might be other services that are more suitable. Jake Williams: So how do listeners get in contact with you? Or what's the website for them and the Twitter handle, so if they are interested they can certainly reach out? Dean Evans: The website is www.winningedgeinvestments.com. My Twitter handle is @DeanTrialSpy. The Twitter handle of us is @winningedgebets. And you're welcome to take a look at the website. There's plenty of information there. We've got all of the membership options, the results, a lot of educational material on there. And we've also got a free newsletter, so you're welcome to simply sign up there, or contact us with any questions about how we operate. And certainly this year, I've already spoken to all of the analysts and this year is going to be where we really focus on providing a lot more educational content about how we do things, how each of the services go about things. We've got quite a diverse range of services, one that focuses on New South Wales, one that focuses entirely on video watching and black booking horses, one who's entirely around pedigree and actual pedigree analysis to identify winners. And one who's built his own propriety database and then actually had a PhD data quant person come in and analyze it and build a model to provide very select bets only when the market price is substantially above his rated price. And that's running at 24% profit on turnover at the moment and 170 units in about four months. Been quite incredible. A golf service that's tipped a 1000/1 winner and a few 500/1 winners, and a cricket service that's been very highly successful as well. So there's a wide range but each have their own niche and their own edge. And I guess it's about what service suits you and that can depend on what you like to bet on, but also the bookies you have available, or whether you want to just bet and forget or whether you can monitor prices, that sort of thing. But if you get in touch with us, we can help to advise you of the service or services that are best suited to each person. Jake Williams: If you liked the content, approach and strategy of Dean, please feel free to head over to winningedgeinvestments.com. Check out their site, products, and of course, subscribe to their newsletter. And feel free to utilize code BOBPOD. Awesome Dean. It's been incredibly fun. I really appreciate your time. I'll certainly be keeping a close eye on, and I wish you and the team all the very best and I look forward to doing this again another time. Dean Evans: Yeah, thank you, Jake. I appreciate your time and what you're doing with this podcast. It's absolutely fantastic. I've really loved listening to all of the professionals and experts in the different spheres. You've got what I believe is the foremost, primary podcast now on this topic, that was something that wasn't available anywhere. But you've got some fantastic guests on there and I encourage everybody to ... Because for me, educating people on betting and the potential success is critical because I love racing, but it's reliant on betting. And racing certainly is under pressure from sports betting and other forms of investment. So we need to keep educating people and keep them interested to keep this game going. So please keep it up, you're doing a fantastic job. Jake Williams: Much appreciated. And definitely, let's do this again soon. Dean Evans: Absolutely. Thank you very much, Jake.