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## The Value Horse Method – Does it Work?

As with all professional gamblers, I use a combination of strategies across different sports in the continued pursuit of long-term betting success. A well-known betting method is Neil Smith’s Value Horse method, but does it work? Read on to find my personal take on this method.

To begin with, the foundations of the method are based on a classic betting technique often referred to as “every one way robbery” or practiced by “one way thieves”. It revolves around the basic math of one-way betting and an anomaly that has been uncovered by the advent of betting exchanges that allows you to structure a bet that produces a higher return than the true odds that the event occur. Essentially providing a value bet – hence the name. Depending on how you view the race, the method and stakes can be adjusted to structure the bet to return an equal payout regardless of the winner, or to skew the return towards a place or a win for the horse.

OK, so in theory the math is flawless, but how does it work in practice. One thing to be aware of is the effect non-runners can have on returns if they reduce the number of places the bookmaker will pay from 4 to 3 or from 3 to 2. For this reason when I l use, I will try to place my bets as close to the tee time as possible if a runner out could jeopardize my returns. When the withdrawal of one or more runners will not reduce the place conditions, this is less of a problem.

There are, however, disadvantages that we will have to work to avoid, the main one being due to the fact that it works! “Anomaly every way” is something that bookmakers are well aware of, and if you abuse this method you will soon find that bookmakers will start restricting the amount you can bet with them. A good problem to have, but not very useful if you’re trying to make money. This can however be avoided by spreading the bet over different bookmakers and alternating its use with other methods so that you “give back” to the bookmaker – or so they will think.

Moreover, the logic behind the method can be extended to other sporting events. I have even personally used the method for guaranteed winnings on everything from the Eurovision Song Contest to various tennis tournaments. The method is also the ideal tool to use to improve the return you can get from matched betting, where you use the introductory bonuses offered by bookmakers to guarantee profits. The fact that many bookmakers offer a “best odds guarantee” can also significantly increase returns if the price of the horses were to drift after you placed your bets.

The Value Horse method is also available as an automated software application that does all the work for you, finds applicable bets and calculates the amounts you should bet in order to secure the returns you need.

In conclusion, the answer must therefore be yes, the Value Horse method is a weapon worthy of any player to have in his arsenal in the continual war against the bookmakers.

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