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Can Things Change

Can Things Change ?
 
Many punters use racing systems and indeed  www.PunterProfits.com, focuses primarily on them. People tend to use systems because they are straight-forward and easy to implement. However, the problem many people find with systems is that a) they are too rigid, and b) they rarely perform as well ‘live’ as they do in testing. In addition many pundits believe that profitable systems have a limited shelf-life, and I do tend to agree with them. The problem is that determining the likely shelf-life of a system is nigh on impossible. Horse racing and the betting market are continually changing and hence systems that have been profitable in the past at some point start to lose profitability and eventually start making losses. One of the main reasons why this occurs is that the betting market adjusts, and although the strike rate essentially stays the same, the prices on offer contract (shorten) and the profit margin disappears. There are other reasons of which some will discussed later in the article.
 
For this article I have focused on 10 years of data, splitting into 5 year groups – 2001 to 2005 and 2006 to 2010. I have looked at systems that made decent profits in the first 5 years and then tested them on the last 5 years.
 
Can these horse racing systems continue to make a profit – well let’s find out!


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