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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 ongoing pursuit of long-term betting success. A well-known betting method is Neil Smiths Value Horse Method, but does it work? Read on for my personal take on this method.

To begin with, the foundations of the method lie in a classic betting technique often called “steal each way” or practiced by “steal each way”. It revolves around the basic mathematics of each form of betting, and an anomaly that has opened up with the advent of betting exchanges that allows you to structure a bet that produces a return higher than the actual odds of the event. In essence, providing a value bet – Hence the name. Depending on how the race is viewed, the method and bets can be adjusted to structure the bet to return an equal win regardless of who wins, or skew the return towards a position or a win for the horse.

OK, so in theory the math is flawless, but how does it work in practice. One thing to keep in mind is the effect non-runners can have on returns if they reduce the amount of places the bookie will pay from 4 to 3 or 3 to 2. For this reason, when I use , I will try to place my bets as close to the start time as possible if 1 runner withdrawing could jeopardize my returns. When the withdrawal of 1 or more brokers does not reduce the times of the square, this is a minor problem.

However, there are pitfalls that you will have to work to avoid, the main one being that it works! The ‘all-sense anomaly’ is something that bookies are familiar with, and if you abuse this method, you’ll soon find that bookmakers will start to restrict how much you can bet with them. A nice problem to have, but of little use if you’re trying to make money. However, this can be avoided by spreading the bet between different bookmakers and rotating its use along with other methods so that it ‘returns’ to the bookie, or so it will think.

Furthermore, the logic behind the method can be extended to other sporting events. I have personally even used the method to secure guaranteed wins in everything from the Eurovision Song Contest to various tennis tournaments. The method is also the ideal tool used to improve the performance that can be achieved with combination betting, where the starting bonuses offered by bookmakers are used to guarantee profits. The fact that many bookmakers offer a ‘best odds guarantee’ can also increase returns dramatically if the price of the horses should drift after you have placed your bets.

The Value Horse Method is also available as an automated software application that does all the hard work for you, finding the applicable stakes and calculating the amounts you should bet to ensure the returns you need.

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

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