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Horse Racing Software Review for Profitable Horse Racing Results
With the computer being more and more a part of our daily lives the advent of
horse racing software is here in many shapes and forms. Horse Racing Software Bet CalculatorsThis is the most basic form of horse racing software available in that it is primarily an aid to organising your horse racing betting and horse racing form analysis. A horse racing calculator is usually written as an excel, database or word processing program.You may wish to use these tools for the following: 1) Record your horse racing results. You cannot analyse what you have achieved unless you keep a record. 2) Calculate the returns from your horse racing bets before you place them. This may sound simple but when you are looking at the numerous types of bet that can be placed such as patents, trixies, yankies etc this becomes a more onerous task. 3) Calculate your stakes for more complex bets such as dutching and multiple laying systems. There are free resources available for dutching calculations, target returns and recording your horse racing bets. This horse racing software is listed in the members area of Horse-Racing.UK.com. A good example of of a useful horse racing calculator for calculating returns from different bets is Bet Wizard. Bet Wizard is a betting calculator for your computer that can calculate all of the bet types that are popular with punters in the UK and Ireland. These include: Patent's, Round Robin's, Yankee's, Lucky 15's and many more. It's very easy to use. The main features of this bet calculator are: All Popular bet types are included. Win or Each Way. Easy to use software. Now with Keyboard Free Feature! Work out your bets only using your mouse! No Typing! The Breakdown - see what parts of your bet your winnings are coming from. Win, Lose, Place and Non Runners. Rule 4's. Dead Heats Joint / Co Favorites Bet Odds Helper Feature No Internet connection required. Improve your knowledge of betting and Bet Smarter! You pick what bet you wish to work out, then select if you're betting win or each way and how much you've staked. Then enter how your selections have done i.e. Win, Place, Lost or Non Runner etc. Enter the odds and press the calculate button and Bet Wizard tells you what you could expect to get back on your bet instantly. To find out more about this easy to use wagering software visit - Horse Racing Ratings SoftwareThis type of horse racing software produces ratings of horses in particular races you are interested in. It will use data from industry accepted resources and add its own analysis to this to produce selections on a daily basis.Daily information is filtered for parameters the program deems important eg draw, ground, distance, weight, numberof runners etc to RaceXpert (affiliate link) horse racing software is one of the UK's most comprehensive and popular horse racing software solutions. It helps your horseracing handicapping by analysing horse racing form, horse racing stats and betting information. The software also lets you design and/or apply horse racing systems. RaceXpert Online (RXO) is a recent addition for RaceXpert members AND non-members alike. The main ideas behind RXO are: 1) FLEXIBILITY: there's no software to install so RXO can be accessed anywhere there is an Internet Connection (work, laptop, hotel, on holiday, Internet Cafe, WiFi HotSpot, etc) by simply logging in to a web site. 2) SPEED: one click and the important information is presented immediately on a web page. 3) SPEED: a 'QuickJump' Toolbar allows you to instantly 'jump' to the data that you interested in looking at. 4) EXTRAS: some additional data will be available on-line which is not in the RaceXpert software. 5) OPTIMISED: the original RaceXpert data has been optimised for RXO to more accurately reflect a horse's chance of winning a race. 6) SELECTIONS: for those short on time, online data is used to arrive at a selection for each race. 7) SUMMARY: a summary screen of the RXO 'Selections' is available for those who don't even want to view the racecards (saving even more time) - the selections are 'strength-rated'. 8) EXTRAS: a daily download file, containing ALL of the data, is available for those who wish to work with the data in a spreadsheet, database, or programming language, with the intention of producing unique ratings/selections by manipulating the data accordingly. 9) RACEXPERT: if you subscribe as a PRO member to the RaceXpert software, you will have FREE ACCESS to the online racecards - this means you can enjoy all the features in the software, plus the flexibility of the online racecards - you can also subscribe to the 'RXO downloads' at a preferential rate. This is a feature packed piece of kit and if you feel you need a helping hand with improving your horse racing results take a look here: -  Arbitrage Betting SoftwareWe will start here with a definition of arbitrage:"Arbitrage is the purchase of securities on one market for immediate resale on another market in order to profit from a price discrepancy." What has this to do with horse racing betting you may be asking? There are a couple of ways this method can help you to horse racing profits. With the advent of betting exchanges you can now back horses to win or lose. If you can find a horse that you can take an early price on and back it to win; you can now lay the horse to lose at a lower price later and be able to profit if it wins or loses. Example 1) You back a horse at 4/1 to win £10. 2) You notice later that money has come in for the horse and it is now 2/1. You lay the horse on the exchanges to lose for £25. The two outcomes are now: a) The horse wins and you collect £40 for the win bet less £25 you layed it for to give £15 profit. b) The horse loses and you collect £25 for the lay bet less the £10 you put on for it to win to give £15 profit. Win or lose you are guaranteed £15 profit. Another profitable method is to actually bet on horses at higher prices than they should be on a consistent basis. The Racing Post is widely accepted as the horse racing authority for pricing up races on a daily basis. If you can find horses that have been priced up much higher than the Racing Post for say a favourite or second favourite you are on to potential high winnings. The above methods can be carried out manually, but this is very time consuming and markets move very quickly nowadays so you can soon miss profit opportunities. You can now purchase horse racing software that will help you find these opportunities and get the bet on quickly. One of the most popular of these is the Value Horse Finder Software (VFM or value for money). The Value Horse Finder software analyses the win and place markets from Betfair and the current bookmaker's odds from Oddschecker with the aim to highlight if there's a good enough discrepancy for you to make one of 7 bet choices. This is a good example of horse racing arbitrage software. Normally you have to be lightening fast to catch the arbitrage opportunities. VHF exploits the discrepancies between bookmakers prices and prices on the most popular betting exchange Betfair. These discrepancies are not immediately identifiable to normal 'arbers' - VHF finds them and quickly calculates your position. They are available for much much longer than the usual arbs, giving you time to make your bets for risk free profits. VHF will also make the Betfair bets for you with a click of a button to help you avoiding losing a good price. Other options available with this wagering software are: Equal Return - A no risk bet that produces a profit if the horse wins places or loses. Max Win Bet - A bet on a horse you consider will win, but just in case it does not you will return a small return for the place and a no lose situation if it is unplaced. Max Win and Place - For a horse you believe will win or at least place if it is unplaced we have another no lose situation Max Place and Unplaced - For a horse you believe will either place or finish unplaced if the horse goes on to win the race we have yet another no lose situation. Max Unplaced - Aimed at a horse you believe will lose. Any other result and we yet again have a no lose situation. Lay Win Only - For this bet there is a small risk involved to your betting bank. This bet you need to find a horse that will at least place. Input Your Own Odds and Stakes - Used to fine tune your bets. If you want to increase the profit on a particular part of a bet you can adjust your profit requirements here. To find out more about how the software works - 
These days, even the ancient sport of horse racing has become computerized, with a variety of software application developed to keep track of racing events, calculate odds and even make picks. While no horse racing analysis software guarantees that you will make more money from the sport, you can definitely use the handicapping systems to make your own educated decisions about how to place your bet. Suggested Horse Racing Bet Software Selection MethodThere are many horse racing software applications available and you may wish use the software for the following applications:1) Use horse racing analysis software to compile data from all events around the world. You should look for software that automatically records all race results by linking with active websites, so that all information about handicapping is fresh and up to date. This information should be automatically converted to a spreadsheet, such as Microsoft Excel, or other types of database reports. 2) Look for a horse racing analysis software that builds a database based upon historical performances, and then extracts pertinent statistical information that will help you in your handicapping efforts. The software should use modern statistical methods to make appropriate calculations converted to a spreadsheet for your personal use. 3) Find a software application that will allow you to use your own handicapping methods, and compare the results against the methods suggested by the program. The software should automatically compile the data in an easy-to-read format so you can determine if your personal methods are effective. 4) Select horse racing analysis software that offers a live toteboard feature that allows you to keep track of all events as they occur. The software should be making continuous calculations on all win, place and show bets, as well as Quinella, Trifecta and Exacta wagers. 5) Use online resources to try horse racing analysis software. Many types of betting software can also be used for other sporting events, such as football, as well as financial trading. With a paid subscription, you can also get access to betting tutorials, horse racing blogs and other pertinent resources for horse racing data. Listed below are horse racing software programs that meet many of the above requirements and are market leaders with ongoing support. Whether you use one or a combination of them is for your personal choice. Horse Racing Software Market Leading Product 1BET-IEIt does not matter your skill level on the exchanges as this software caters for every level of user and will even identify the most likely winners in an event or likely direction of an odds movement. If you are new to the exchanges or would like to test out your theories in the "live" marketplace there is an exciting new feature that will help you. There is a brand new "Learning Mode" which enables you to "practice" or "test" your own ideas but using the actual odds from the live market. Do you want to play Games? then Bet-IE can even help you there with the ability to play the Exchange Games from Betfair. Bet-IE is a betting software that exploits Betfair markets to enable you to select from a variety of built in proven winning functions. If you want to Dutch, Trade, Hedge, Lay, Trigger Bet or Play Exchange Games, Bet-IE is a useful software for you. Bet-IE was developed to get a group of professional investors strategies into the market place quickly and efficiently, now all users of this versatile software can exploit the exact same techniques for their own use. The softwares fully illustrated Help Guide is available for you to view on the site. Below is a brief look at some of the functions that the software can offer you: LEARNING MODE - This is an area that is designed to duplicate the live market, the only thing that is not exact is the liquidity in the marketplace, the odds available are the actual live odds and when a function is selected you can see your exact position. If your a new Betfair user this is an ideal way to learn how the markets operate. It is recommended to practice the setups in the Learning mode and when you are happy move on to small stakes. Or maybe you will spot a strategy of your own and would like to test it before risking capital on the technique, no problem Bet-IE records your position from the live market. DUTCHING - When Dutching, a select a group of strongly fancied runners are used to create a "book" on these runners, the remaining runners are discarded from calculations and Bet-IE even points out the most likely winners for you of every event! Then you have the ability to Lay Dutch, Place Dutch, Reverse Dutch, aim at a Fixed Stake, aim at a Fixed Profit, Individually enhance our Back Dutch selections or maybe use the unique Ratings and Ratios available only to Bet-IE users to create unique Ratio Dutches. HEDGING - A technique used in the bookmaking industry to offset large liabilities on runners and now in a couple of clicks of the mouse Bet-IE can enter hedges from your specified data and enable you to take advantage of a very profitable technique especially for in play events. TRADING - Based around the city principles of trading, Betfair offers you the chance to create these "trades" by offering two opposing sets of odds on the same markets. When money is placed on an event it can force the odds to move one way or another, we can trade on the outcome of the price movement, not the outcome of the event. Bet-IE can even prompt you as to the likely direction of the odds movement and don't forget if your new to this technique you can practice first using the Learning Mode. TRIGGER BETS - If you are an In Play backer or Layer this devilishly clever function will work wonders for you. Take a position about an event, Back or Lay and specify the odds you want to accept and the stake, then leave Bet-IE to monitor the market and fire a bet in as the odds move to your requirements. LAYING - There are a number of Lay functions available, There is a Lay Dutcher, and there are three Lay All features: Option 1 - is order a Lay for multiple runners at a set price and stake. Option 2 - is laying a single or group of horses to a set Liability. Option 3 - Gives the ability to Lay a single or group of horses and specify an individual liability on each horse. To summarise, the BET-IE the software shows the following functionality: Fast and efficient bet submission Automatic Market Refresh Automatic Staking Built in proven winning functions Most likely winners of the events highlighted in every market Learning Mode on all functions Dutch up to 24 variables Dedicated Stoploss function Simplified Hedging Exchange Games Ability to bet below minimum odds Access to unique Ratings and Ratios for Dutching enhancements Automatic upgrades Modify Bets feature, availability to adjust odds AND stakes Money Traded Graphs Enhanced Trading function Enhanced Dutching functions Enhanced Hedging Lay Dutcher Trigger bets Lay All *3 laying options* Full Help and Support For further information on the BET-IE software - 
Horse Racing Betting Software Market Leading Product 2BETGRAILBetGrail Software offers automated software for betting on horse racing, soccer, tennis and other sports events on the global online betting exchange, Betfair. Forget about manual bet placing; now you can place a bet, trade it out and get profit all in one click. This professional trading software has been created for online sports betting markets and has a wide range of unique features. You will find it suitable for any trading strategy and betting style. The goal of the software is to make betting on Betfair easier, and making it more convenient and successful. There are two distinct programs offered in the Betgrail suite. BETMARKET TRADER 1.01 BetMarket Trader is a comprehensive software tool for Betfair betting, bet trading, and arbitraging. BetMarket Trader was developed to make your betting life on Betfair easy and successful. While it has all the standard Betfair features, BetMarket Trader has many unique functions. By default it has a look similar to that of the Betfair interface; however you will find it possible to customize its interface to make it look exactly as you like. To help you predict odds movement included are many useful indicators. Some of them are WoM, matched volume for each runner, last trade for each runner, and trade moving averages. Traders will find many handy features such as manual trading, automated trading, preset prices, and features for In-Play betting. The “In-Play Resubmitting” function makes it possible to automatically resubmit all canceled bets when the Betfair market goes In-Play. Now you can place your bets even if the market is suspended! BetMarket Trader is capable of refreshing as fast as one time every 0.05 seconds. BetMarket Trader 1.01 Features - Automatic and Manual trading - “Stop Loss” function - Preset Lay and Back prices - Ability to resubmit canceled bets during In-Play and bet when the market is suspended - Smart bets - Trading using price offsets - Betting ‘On the edge’ - Ability to place trading bets consequently or all in one time - Lay All at preset price - Optional bets confirmation - Bets placing, canceling and changing - Market Indicators: WoM, Matched Volume, Matched Volume Percentage, Last Trade, Last Trade Type (Back or Lay), Trade Moving Averages, Trades Ratio, Current Trade Profit, Possible Profit if the bet will be matched, ability to customize indicators - Ability to place Lay bets as stake or as liability - Shortcuts for all functions - Ability to customize your own application color theme - All six Betfair prices are available for betting - Refresh interval up to 0.05 seconds - Automatic refresh rate changing for In-Play - Uses Microsoft .Net Framework 2.0. You can trial a free evaluation version for 15 days. The software comes with 1 year of free support. System Requirements - Microsoft .Net Framework 2.0 installed (can be downloaded here) - 128 Kbit/sec Internet connection - 1GHz Processor - 256 Mb of RAM - 8 Mb of free disk space - Screen resolution of 1024x768 or higher. You can obtain a free evaluation version for 15 days. For more information on BetMarket Trader go here - (coming soon) BETMARKET SCANNER 1.3 BetMarket Scanner is a software tool for Betfair market analysis. You can view all market information and use it for future analysis. BetMarket Scanner allows you to see prices, runner information, and many other market indicators including WoM, Last Trade, Matched Volume, and more. You can use it as an alternative to the Betfair interface to watch the markets. BetMarket Scanner is an easy to read and use application. BetMarket Scanner 1.3 Features - Tabbed interface and ability to scan a number of markets simultaneously - The ability to save/load current session - The ability to watch runners from different events in one place - Default settings for all tab options - The ability to configure refresh intervals - Nice looking interface with ability to hide/show indicators, change colors, move columns, etc. - Betfair odds and available amounts - Weight of Money indicator (difference and ratio) - Back and Lay Book Percentage - Market state and total matched amount - Trading Exponential Moving Average for Back and Lay - Trading Ratio shows ratio between back and lay trades which were made over the market - Matched Volume and Matched Percentage for each runner - Last price matched - Reduction Factor - Price spread - Runner information (name, number and selection id) - Uses Microsoft .Net Framework 2.0. Here are all elements which you can view using the BetMarket Scanner: date and time, event ID, event name, selection ID, selection name, current state of the market (active, In-Play), matched amount for whole market, Back book percentage, Lay book percentage, Betfair prices and available amounts, “Spread” (difference in ticks between Back and Lay prices), matched amount for the runner, matched amount percentage for the runner, new traded volume, trading ratio, WoM ratio and difference, Back and Lay trading EMA (Exponential Moving Average), last price traded and reduction factor. System Requirements - Microsoft .Net Framework 2.0 installed - 128 Kbit/sec Internet connection - 1GHz Processor - 256 Mb of RAM - 8 Mb of free disk space - Screen resolution of 1024x768 or higher. You can try the free evaluation version for 15 days. For more information on BetMarket Scanner go here - (coming soon) Horse Racing Betting Software Market Leading Product 3BET ANGELBet Angel software is for use on the Betfair betting exchange. It can be used for any sport and is designed as a state of the art trading and betting platform. Bet Angel contains not only advanced and well executed trading tools but also advanced risk management tools for complex betting strategies. It even includes an interface to Microsoft Excel so that you can custom create your own view of the market or your own custom user defined trading tools. Bet Angel Basic Bet Angel - Basic is free software that enables you to do basic exchange trading. It features one click betting, fast refresh rates, one click auto refreshing charting, on screen viewing of your open bets and a momentum indicator. Not only that, but it also includes a 'greening up' function that allows you to equalise any profit you have made right across the entire field you are trading on before an event has started. This enables you to guarantee a win even before the start of a sports event, regardless of what happens in it. It’s a revelation for traditional sports market participants. Bet Angel Basic is significantly different from the professional edition. If you are really serious about attempting to make money from these markets, it is recommended that you trial Bet Angel Professional. Bet Angel Professional is available on a long trial which will enable you to really understand the benefits of this powerful software. It also comes with extensive video tuition and full reference guide totaling over 100 pages. Bet Angel Professional Bet Angel Professional is one of the leading trading platforms for betting Exchanges. It allows you to maximise to the fullest extent possible the massive potential in these exciting markets. Bet Angel professional has been designed to be a very versatile product. It includes many features specifically designed to aid you in different markets with strategies appropriate to each market and your specific trading or betting style. It is also very user definable, meaning that you can not only use the best possible trading and betting tools; but also tweak them to create your own unique position. This will help you maintain that critical edge in the market. Whether you are looking to scalp the market, catch larger trading swings, take speculative positions, be the bookmaker, dutch the market, create your own strategies and templates in Microsoft Excel or maybe even build a fully automated trading bot; Bet Angel can deliver the tools for all your needs. Bet Angel Professional is also a dynamic product. There is in house support and a design team working closely with Betfair's top traders, the product is being constantly developed. Bet Angel professional is used by many top Betfair traders to aid their market activity and as a consequence Bet Angel users now account for a large and increasing proportion of activity on the exhchanges. BET ANGEL PROFESSIONAL - FUNCTIONALITY When you use Bet Angel Professional you are presented with many exciting betting and trading opportunities. Each function within Bet Angel has been specifically designed to address market and strategy specific needs and opportunities. Each one is also able to be undocked and used in conjunction with all the other functionality of Bet Angel. For example you can undock the streaming charting or trade calculator and use it with any of the other functions. Always conscious of reliability and performance each function can be switched off if you do not wish to use it in the current session. For further ease of use common functions 'hug' the top of each screen and include a trade calculator and normal calculator and maximum liability functions for your safety. Connection is made directly to the Betfair server, so you do not pass through a server just a stable clean connection with the fastest route to the exchange, no additional hops. Main Bet Angel Professional functions: - Connection mode, Global settings, Stop loss, trailing stop loss, Offsetting, twinned orders, fill or kill orders, auto greening , Money management / Autostaking, One click trading, Multi market functionality, Ladder / Depth of market display, Automation / Triggered betting, Streaming charting, Manual bet, Dutching, Bookmaking, Excel spreadsheet integration, Matched bets / Activity log, Rules, Message of the day / Internet browser / Chat, Auto save bets, Trade calculator. Bet Angel Key Benefits are - Get the fastest and most reliable connection to Betfair. - Easy selection of important functions like stop losses, offset orders, automatic greening, trailing stops, fill or kill orders, etc - Effectively manage your risk in the market. - Easy to use click, drag and drop interface which allows you to see full market depth, charting and trade history on one screen - Take the emotion out of your trading and get orders in and out of the market faster than a human operator. - Don't guess where the market is going, see where it is going with streaming price and weight of money charts. . - Use a mixture of manual and advanced order management functions to carefully place orders in the market. Green or red up with customer rather than automatic amounts of money. - Back part or sections of the field to a pre-defined profit target in total or by selection, manually or automatically. Perform book arbitrage. - Lay part or sections of the field to a pre-defined profit target, manually or automatically. Perform book arbitrage. - Lay part or sections of the field to a pre-defined profit target, manually or automatically. Perform book arbitrage. - Custom write trading spreadsheets, calculators or trading tools & bots with this powerful tool. - Keep an eye on your activity in the market. To read more about these key benefits go here -  Horse Racing Betting Software Market Leading Product 4FAIRBOTFairBot is state of the art Windows software which provides an enhanced betting interface to the leading Betting Exchange, Betfair. FairBot considerably enhances the services provided by Betfair through the incorporation of real-time price movement charts, market analysis, information displays and trading tools. It allows you to place single bets, or trades, on Betfair instantly, using just one mouse click. There is no need for waiting, no bet confirmation or changing of prices or amounts, although these facilities are there if required. Fairbot's wide range of sophisticated features will give you an enormous advantage over other Exchange Users and should enable you to turn that advantage into a profit. FairBot lets you to refresh the event information, including the odds, every 0.1 second to stay on top of the market. For betting exchange traders FairBot offers so called "Smart Bets" that allow you to trade on Betfair with ease and the maximum possible speed. Using "Smart Bets" FairBot generates the required bets to make a profit, (if matched), regardless of the result. The simple and easy to use Windows XP & Vista-compatible interface is very similar to Betfair which should make your betting comfortable and profitable. All the odds cells are active (rather than just two middle columns on Betfair) giving you additional flexibility for your backing and laying. Fairbot Key Features: The Ladder Interface - This allows the user to display prices vertically, and instantly react to market movements by placing or cancelling a bet with just one mouse click. "Keep bets" support - This allows the user to have unmatched bets automatically transferred to in play bets. Ability to refresh any event to as low as 0.1 second intervals, much quicker than Betfair itself. Ability to place single bets or trades with only single mouse click. "Greening Up" feature - This allows you to equalize a current profit or a current loss across all selections. Price movement charts directly on the main screen for each contender. "Moving Average" and "Bollinger Bands" charts on contender details screen. Conditional betting - place opposite bet (Back or Lay) only if a previous bet was matched. Dutching feature (this is a technique for Backing multiple selections in the same event for an equal profit if any one of them wins). "Drag & Drop" feature for the Ladder - this allows the user to amend the odds of unmatched bets by dragging bets up or down the ladder. Set your own Back and Lay stakes and profit margin. Bet on any odds market, including "in-play" events. Ability to cancel all Unmatched bets using single mouse click. Optional bet confirmation and checking screens before and after placing bets. "Smart Bets" allow you to calculate stake to get maximum profit on your betting exchange trades. Display the 1st 2nd and 3rd Favourites as dictated by the market on Betfair. A countdown clock showing the time remaining before the scheduled start of an event. Full Betfair API support. This protects FairBot from any future changes made to the design of the Betfair web site. Asian Handicap support. Internet traffic compression. Friendly user interface. Ability to click on any odds cell rather than just the normal two middle columns on Betfair. System Requirements: Operation system: Windows 98/Me or Windows NT/2000/XP/2003/Vista Processor: Pentium or higher RAM: 128 Mb Disk space: 10 Mb Internet connection speed: 64 Kb/sec Screen resolution: 1024 x 768 pixels Mouse To read more about this exceptional betfair user interface go here - (coming soon) There are many other horse racing software providers but we have hopefully given you a taste of what is available here by listing what we believe to be some of the most useful available on the market. This, as always, is aimed at trying to help you achieve profitable horse racing results. If you enjoyed reading this article then perhaps you would like to consider joining our FREE newsletter service with monthly horse racing and sport betting news and information. (Sign-up below) To your future profits. Steve www.horse-racing.uk.com copywrite 2008 Horse-Racing.UK.com Newsletter Sign-Up |
