Stick to the Points System

To consistently make money from backing horses it is absolutely imperative that you stick to a points based staking system. To successfully make a profit in the long-term and not just every now and then, you have to put aside your staking money - your investment.

This is divided up into points and will decide on how much you stake on each bet.

What is the value of your point?

You should calculate your average value of a point by splitting your total investment into between 100 and 250 points depending on what is suitable for you. The main thing is you have to be comfortable with the amounts you are staking.

The following shows some recommended guidelines. As the stakes increase, so should your point value.

So, if you have £1000 to invest and decide to use a 100 point system, your average point will be £10, and a 2 point win bet would be a total investment of £20. If you have £10,000 to invest, you may wish to give yourself a bigger comfort zone and use a 200 point bank, and the average value of a point would be £50, and likewise a 2 point win bet would be £100.

Decide on how much you have to invest. Decide on a points value based on a bank of between 100 and 250 points, and work out how much you will be staking. Do it now.

Managing Your Investment

Whatever figure you decide to invest you must not touch for any other purpose than for placing bets, and you should only withdraw your profit once you have reached a certain target. You can increase and decrease the size of your point, but only over longer periods of time when things have had a chance to average out.

We recommend reviewing your position on a monthly basis - you should look at this as your monthly accounting, and decide whether you will cut down your point total, withdraw your profit and stick to the same level, or reinvest your profits and increase the value of your point - always sticking to a minimum of 100 points and a maximum of 250 points.

I have £1000 - £10's a point will never make money

Wrong - it will probably make you more money that larger bets. Remember - this is cumulative and you increase your points system as you are winning on a monthly basis. So take the first 3 months of 2009 where Martin Bishop Racing returned 69, 88 and 161 points for January, February and March respectively:

So from starting with £1000 and betting just £10 / point, after just 5 months you now have £20,198.55 with a clear profit of £19,198.55 from just £10 / point bets. If you don't currently use a points system compare this with your actual results. Unless you have got extremely lucky with an accumulator bet there is no chance of matching these figures.

In fact, based on our own results in January, if we started with £1000 and were betting £100 / point we would have lost our £1000 on January the 3rd, yet because we could take a consistent approach we would actually have gone on to make £20,198.55. So armed with this information, it is clear to see why it is absolutely imperative to stick to our suggested points system.

What are the points advised?

All bets Martin Bishop Racing provides follow a simple system of either a 1, 2 or 3 point win or each\way bet:

Stick to the Point

It should now be clear why it is important to decide how much money you have to invest and how to calculate what is the right amount for you to bet, but if you have any questions feel free to let us know and we'll be glad to help