I must admit I like virtual racing, though not as a betting medium, mind you; it’s an ideal world where none of the jockeys “accidentally” find interference and “accidentally” finish out of the places, where all of the trainers and horses run on their merits and NONE of the jockeys are carrying overweight. But is it really a stop off point to profits?
Virtual Racing has now become de rigueur in every high street bookmakers and at selected online bookmaker sites such as Paddy Powers.
For me, it has just been something to chuckle about, watching cartoon horses with cartoon jockeys run in cartoon races. NO form to assess. No heavy or firm ground to worry about and the jumpers never fall.
But how on earth do we get an angle in? I did try and pre-empt this system and the only way I could think of, from a betting angle, was to look for “sequences” of races where the favourite had not won on the virtual racing that day, and then start backing them after a sustained run of losing favourites.
What is The Virtual Racing Loophole?
If it wasn’t sequencing, then what was it? www.virtualracingloophole.co.uk is the website for the system which is, apparently “a guaranteed £120+ profit per day loophole that has already generated over £12k since January”. Impressive claims indeed! But there is normally a catch with systems with eye-catching profits and at-first-glance high strike rates.
The Return of Loss retrieval
No, this is not the Halloween edition of WRWM , this system involves loss retrieval, and dare I recount the exploits of autolays (laying loss retrieval scam which lost subscribers thousands), 5-star tipster (by the owner’s own admission, he couldn’t make this work!) et al.
What you get with loss retrieval is “calm before the storm” where punters are happily making regular consistent profits. Consequently, the testimonials flow to the vendors, who recount them to prospective buyers and so the cycle continues. Until the day arrives when the unexpected set of results occur. And all that you have worked for is gone –in a single day’s play!
What About The £120 Per Day Profit Claim?
Now you know that this is loss retrieval strategy then I guess you can understand the testimonials on the website, all positive and happy.
How do they make their £120 per day then? Well, they look to stake their money on a certain horse when it appears in a certain virtual horse race at a certain venue with a £10 stake. (I have to be deliberately vague in order not to give the game away.)
If your horse does not oblige then invoke loss retrieval to win back your previous stake and also aim for your chosen target profit of £120 per day. Continue until the result you seek occurs. And that’s it! Simple really.
Performance Since 1st June 2009
Well, every day has been a winning day so far, which can’t be bad, can it? BUT with loss retrieval we always need to think about the number of bets placed until all losses are retrieved and target profit earned.
The largest potential number of races you would have needed to bet on since 1st June would have been 33 races. That’s a long set of losing races when employing loss retrieval BUT it is made easier by the fact that our bets are ALWAYS on horses over 10/1.
STOP PRESS!!!! I started on 1st June 2009 but the 29th May produced one of those days where there was NO WINNER! This was followed on 17th June 2009 when, again, there were no winners! Because, uniquely, our target profit per race always involves a double-figure price with this particular system, a losing day involves 36 losing races, with an initial stake of £10. Maximum loss therefore for a losing day is £3,340 for standard target profit per day + lost stake loss retrieval.
So, boom! We’re back in loser-ville with loss retrieval. Once again we can see that you will need a long list of winning days to cover the losses of a worse case scenario losing day. (It must be noted here that not all races are qualifying races so you will most likely not experience a losing run of 42.)
Bottom Line
Like all loss retrieval methods the bad days will arrive, and twice in test period does not augur well. We need a full month of 100% profits to negate one worse case losing day.
Since 17th June, the days up to time of writing have been profitable. We saw 18 profitable days after the wipe out of 29th May 2009. Not a system for me I’m afraid, and although the future might see a superb run of winning days, the risks are there in the background every day. I can’t afford to possibly lose £3700 every day, I don’t know about you!
Another Loss Retrieval system...
www.bettolose.co.uk has continued its winning streak in June. This is loss retrieval in a 4 lay bet betting cycle, stopping when a selection loses. The short betting cycle does reduce possible losses. This looks to be a decent enough version of loss retrieval, but like Damocles’ sword, potential losses are dangling over you by a thread. Faith then must be in the provider of the lay bets and he has an element of consistency to him.
You enter all loss retrieval methods at your own risk, but this lay method seems to show an element of consistency. The hope is profits accrued over a year will easily overcome the eventual wipe out days (of which there have been two in the last few months with this method).