Based on 10 years of using my database of horse racing speeds this will make modest money. Do the following during the 2013 Flat season...
1) Put £96 in a Betfair account 2) Follow my daily tips (about 250 over the season) 3) Each favourite, LAY it in the PLACE market to the sum of £12
4) Shld collect £300 at end of season. It may go wrong - see The Signal and the Noise by Nate Silver. Enjoy! (may miss days cos of holidays/illness/etc)
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