Winners Pick Losers Intro

i c P k s L r o e s n ers n i W

Laying System Associated With INTERNET CONNECTION REQUIRED FOR THE LINKS IN THIS GUIDE TO WORK

Copyright ©2005 WinnersPickLosers.com

Contents Legal Stuff Introduction Lay Betting Explained Getting Started The System Results The Staking Plan Part Time Income or Full Time Living To Be Successful Broadband Providers & Glossary FINALLY Recommended Websites Associated with



Legal Stuff ©Copyright 2005 WinnersPickLosers.com Published by: WinnersPickLosers.com

All material in the manual is protected by the Copyright Act of 1956. No part of this report may be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopying without permission in writing from the Author. Failure to do so may lead to prosecution. ALL RIGHTS RESERVED DISCLAIMER AND/OR LEGAL NOTICES:

EVERY EFFORT HAS BEEN MADE TO ACCURATELY REPRESENT THIS PRODUCT’S POTENTIAL. EVEN THOUGH THIS INDUSTRY IS ONE OF THE FEW WHERE ONE CAN WRITE ONE’S OWN CHEQUE IN TERMS OF EARNINGS, THERE IS NO GUARANTEE THAT YOU WILL EARN ANY MONEY USING THE TECHNIQUES AND IDEAS IN THESE MATERIALS. EXAMPLES IN THESE MATERIALS ARE NOT TO BE INTERPRETED AS A PROMISE OR GUARANTEE OF EARNINGS. EARNING POTENTIAL IS ENTIRELY DEPENDENT ON THE PERSON USING OUR PRODUCT, IDEAS AND TECHNIQUES. THIS DOES NOT PURPORT TO BE A “GET RICH SCHEME”. ANY CLAIMS MADE OF ACTUAL EARNINGS OR EXAMPLES OF ACTUAL RESULTS CAN BE VERIFIED UPON REQUEST. YOUR LEVEL OF SUCCESS IN ATTAINING THE RESULTS CLAIMED IN OUR MATERIALS DEPENDS ON THE TIME YOU DEVOTE TO THE PROGRAM, IDEAS AND TECHNIQUES MENTIONED, YOUR FINANCES, KNOWLEDGE AND VARIOUS SKILLS. SINCE THESE FACTORS DIFFER ACCORDING TO INDIVIDUALS, WE CAN NEITHER GUARANTEE YOUR SUCCESS OR INCOME LEVEL, NOR ARE WE RESPONSIBLE FOR ANY OF YOUR ACTIONS.

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ANY AND ALL FORWARD LOOKING STATEMENTS HERE OR ON ANY OF OUR SALES MATERIALS ARE INTENDED TO EXPRESS OUR OPINION OF EARNINGS POTENTIAL. MANY FACTORS WILL BE IMPORTANT IN DETERMINING YOUR ACTUAL RESULTS AND NO GUARANTEES ARE MADE THAT YOU WILL ACHIEVE RESULTS SIMILAR TO OURS OR ANYBODY ELSE’S. IN FACT NO GUARANTEES ARE MADE THAT YOU WILL ACHIEVE ANY POSITIVE RESULTS FROM THE IDEAS AND TECHNIQUES IN OUR MATERIAL.



Introduction Welcome to the WPL laying system and thank you for having the foresight to purchase this manual. There are a lot of Betfair systems out there, some of which work, but most are a complete waste of time! In this system you will learn my simple method on how to pick horses that are not going to win and offers maximum profits with limited risk! Yes that’s right limited risk, as with any kind of betting, in fact anything to do with making money for it to be profitable there are going to be risks but I’m about to show you how my methods limit these risks and win me money 85 - 90% of the time. Many punters have tried to swap their daily grind for the life of a professional gambler, but therein lies the problem. The truth of the matter is that it is very difficult to make a profit each and every day and its even more difficult to make a living from betting. Trust someone who knows!! Up until about 2 years ago I was probably the same as you, I’d lay a horse, I’d back the occasional horse. I’d win every now and then, but ultimately I would lose. I use to have frequent discussions with my friends and we all agreed that with just a little input we could turn the odds in our favour. So being the sort of person I am, I decided to take up the challenge. After 3 months of continuously trying virtually every method and strategy I was down to fine tuning my system. I wasn’t betting with real money at that time, simply paper trading, but it was already showing very good profit. After the 4th. month of continuously working on the system, I had finally finished. After all my hard work I finally ended up with a simple but effective system. After 6 months of putting it to use, it paid for a holiday AND a new car! I am now earning far more money using this system than I could have ever imagined.

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If you are going to be serious about making money from this system, then you have to be patient. THIS WILL NOT MAKE YOU A MILLIONAIRE OVERNIGHT. This process is designed to steadily grow your ‘betting bank‘ over a period of time - provided the system is followed correctly. Eventually your stakes will be big enough to earn you a good second income, and in some cases an income big enough to leave your job for good. DON’T lose your nerve after the sight of your first loss, don’t panic, follow the system and have faith. Losses do occur, but remember this is a long term profit strategy and not an overnight fortune maker. To be successful with this simple system all you have to do is follow the instructions shown in this guide and STICK TO THEM! If you do these few things I have every bit of faith that you will succeed in making a tax free income on the Betfair exchanges. If you don’t then it’s your mistake and it will end up being your loss! I’ve already done all the losing for you to make this system what it is, so you don’t have to. In the next section I am going to talk a little bit about Betfair and lay betting as I’m sure some of you that buy this system may be completely new to all this. I am equally sure that some of you already now how it all works so if this is the case feel free to skip through this next section as it is not vital to the system it is just a guide to Betfair.

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Betfair & Lay Betting Explained The purpose of this section is to give you a quick overview of Betfair and Lay betting and to explain what it is, so that you have a clear understanding of what you have to do and what is involved.

What is Betfair? Betfair is the worlds largest betting exchange, a site that allows you to place bets against millions of other punter from around the world and on different sporting events, from horse racing to basketball, from cricket to football. The way Betfair and other betting exchanges work is different to the traditional bookmaker. If you place a bet in a traditional bookmaker, you are basically betting against the bookmaker. If you are correct, you win money from the bookmaker, but if you are wrong then you lose and the bookmaker gets to keep your stake. The transaction is between you and the bookie, and no one else. The first difference between Betfair and a traditional bookie is that Betfair doesn’t actually take any bets. Betfair simple acts as a middleman. It’s a market place where punters from around the world come and bet with one-another. All Betfair does is provide us with the interface and keep track of who owes who what. This makes for a very fluid market, with odds (also known as ‘prices’) changing literally by the second as other punters come and place new bets. The second big difference between Betfair and the traditional bookmaker is that Betfair allows you to bet against a particular event occurring. This Process is called ‘laying’, and is unique to the betting exchanges.

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That’s just a basic insight to Betfair, I could go on and on trying to explain how it works and how to place a bet but I think the best way to learn is to get stuck in, but if you do want to know more, Betfair provide a demo of how things work. Click on the button below to check it out. 

What is Lay Betting? Since the emergence of betting exchanges, there is an opportunity for the serious racing investor to not only back a horse to win but also to lay a horse to lose. So when you ‘lay a horse’ you are in fact betting for that horse to lose the race it’s running in. It doesn’t matter whether the horse comes in last, second, third or fourth as long as it doesn’t cross that winning post ahead of any other horse! That’s the secret of lay betting, every place is good as long as it isn’t FIRST! Below I’ll try to explain simply the principles involved. Betfair derives it’s income by charging a 5% commission on all successful bets settled, therefore for every £100-00 you win, you will pay £5-00 in commission, which is taken out of your winnings before it is deposited back into your Betfair account together with your original stake. Your minimum wager amount per horse selection with Betfair is £2.00 sterling. The difference with lay betting as opposed to betting for a horse to win is that you have to provide the liability before you can place the bet. Therefore for example if you wager £100-00 for a horse to lose and that horse does not win you will receive £95-00 back plus your original stake of £100-00 thus doubling your money minus your commission. But before you can place your lay bet you must first match the odds that Betfair have placed on that horse to lose. If the price available to lay the horse is 3.00 (2/1) on Betfair you will have to deposit a liability of £200-00 from your account which amounts to your stake of £100-00 x 2/1 before you can proceed. If the horse should win you would then lose the £200-00 liability. If a horse is valued at 4.00 (3/1) you would then have to deposit a liability of £300-00 against that horse to lose which amounts to your stake of a £100-00 x 3/1. This is lay betting explained in it’s most simplistic form. As you start to place lay bets on a regular basis you will find it is very simple process and it will all become second nature and it wont be quite as daunting as it is for the first time.

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Getting Started Before you get started there are a few things we should talk about. Some of these things are not totally necessary but they are highly recommended in order to make the best use of this system. The first thing you are going to need is a decent Internet connection, preferably broadband. A broadband connection is much quicker than a conventional dial-up connection and speed is of the essence on the exchanges. Having said that there is an alterative for dial-up users if you don’t want broadband. www.onspeed.com have now developed a piece of software that converts a dial-up connection to the same speed as broadband for only £25 a year. Here is a link to their site

I would also recommend you have somewhere quiet to trade as you must be able to concentrate on what you are doing. At the end of the day, you must realize that you are dealing with money so you don’t want to lose money because you’ve been distracted by a blonde bimbo on the TV!! If you watch TV then make sure you’re watching the racing for the results!! You should treat this as work, after all, you wouldn’t expect to be sitting at your desk at work with music blasting out and the TV on would you? If you’re planning on betting for long periods of time, try and take a ten-minute break after every couple of hours in order to keep concentration levels up and ensure you do not start to suffer with headaches.

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Thanks to the internet you will NOT need a copy of either a daily newspaper or the Racing Post as you can access all the data and information that you require on the Racing Post’s website. The URL is www.RacingPost.co.uk and all you have to do is register and open a free account and you will have all the information you need. I have found this site to be one of the most comprehensive racing and sports orientated sites on the web and it is invaluable when trading. More about this later! 

Another account you are going to need to open, if you haven’t already, is with www.Betfair.com. Although there are other betting exchange web sites out there, in my opinion Betfair is the best and the one I have used for the purpose of the demonstration. Once you’re are confident in what you are doing then feel free to apply these techniques you are about to learn on another trading site. The system will work on any! To open a betfair account CLICK HERE. Note while signing up you will have the chance to receive a free £20 bet. All you have to do is enter the code VNG666KPG into the refer and earn box on the sign up page which looks like this;

A note to US/International users, this system will work on any betting exchange so you may wish to use www.ibetx.com as an alternative to betfair. The final thing that I recommend you take advantage of is the Winners Pick Losers toolbar. This is a toolbar similar to the ones you can get from Google and ebay, but this one is designed specifically to be used with this system. I originally designed it for my personal use just to help me navigate from site to site, etc. It has evolved over time and I am adding new useful feature all the time. After a good friend of mine tried it out and agreed with me how useful it is, I’ve decided to pass it on to all of my customers that buy this system. Think of it as a little bonus. You do not have to use it but its always there if you want it!

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