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RaceRate was first established in 1999 and has been researching methodologies ever since.

A system that didn't work

 

 

(Or how we lost $400 in the blink of an eye)

We thought we'd publish this to share with you and graphically demonstrate that we can all fall in to the same traps - if only we try hard enough!

This system was going to be called "Ruffies" - because it would have been the only system the greyhounds could have asked for themselves. (A joke Joyce) We liked that name. We didn't go much on the outcome.

We thought our rules were "different" but reasonably well thought out on a lot of levels. This was to be the daddy of all greyhound place betting systems. Here were the very simple and straight forward rules.

Rule 1: The only dogs that were to be considered were those that started at more than $10.00 at their last start and either won or finished less than 6 lengths from the winner

Rule 2: No emergencies considered

Rule 3: If more than one contender, the widest drawn dog is the selection

Well, like all "great" systems it started like the proverbial train - our first day of operation and investing our hard earned was January 25, 2007 through our Victorian TAB account as we were comfortable to concentrate on Victorian greyhound meetings because of the excellent free internet form guides that are available.

What a day to start - on the first day winners at $9.30, $20.40, $19.00, $42.30 and $20.40. Good Lord almighty, it's Christmas!!! And remember, we were only looking for placed dogs - not winning dogs. We had discovered the golden stairway to heaven. Hmmmmm. We were only looking to make a modest 5 units at a time on our bank so this had to be the best ever system for place betting on the dogs.

Everything progressed well for the next 209 bets until the middle of February 2007 and then ------- well, you check it out on the workout sheets and then cry for us too. (!!!!!)

The full workout sheet can be viewed by clicking here