I was going to review this e-book next month but two readers asked me the same questions about this e-book and i decided to review it now.
The Legacy And Saver System is an e-book for those who want to use a system to help them identify which horse is going to win the race or get a place (i.e. for backers/punters) and is written by Stan Hibbert.
Actually the e-book explains two different systems, the Legacy and the Saver system. The positive thing about this e-book is that they try to keep it as simple as possible. That's why they sum up both systems in a little bit more than 20 pages containing 13 sections !!
Both systems have the same logic behind them, although they differ in implementation. Generally speaking both systems are not that complicated and the average punter can follow them. All you have to do is check your racing newspapers and find the right qualities in order to identify the proper horse.
The big question is whether both systems work. When i first tested them, they seemed quite ok, giving a good return. After a while , there were a couple of big losing runs which almost eliminated my available bank (for testing purposes). I was quite discouraged by it and tested 4 months later with the same results.
Is it worth buying ? Well maybe yes if the cost was around 20-30 USD but it would be a big mistake to buy this e-book at the special offer of 199.99 USD.
VERDICT
Overall : 55 %
Price : 199,99 USD
Link : http://horse-racing.superihost.com/TheLegacy/Index.html
Monday 18 February 2008
Wednesday 6 February 2008
Types of Ebooks
Another reader of my blog ask me what kind of ebooks exist. I believe that there are at least five categories according to e-book's methodology (not content).
Informative : You can find these e-books for free (most of the time) and their purpose is to inform the reader about a particular subject. Most of the time, you will find plenty of affiliate links and they encourage you to click on their links. Such ebooks "talk" about how to join a bookie, how to bet on a bet exchange etc. Although the majority of these e-books won't add anything new, there are some e-books which deal with card games such as Texas Hold-Em and are filled with stats, probabilities and player's attitude. These e-book can offer great help.
Bet Trading : This is my favorite type of e-book. There you can find how you can use bet exchange sites in order to trade your bets. This category can also be divided into two subcategories. The first consists of e-books which are trying to identify how the price of a selection will move and the second will explain you what you have to do during inplay when the price falls or rises. The first category is by far more interesting and is the one which i really like.
Stats / Arbitrage : Two categories into one. Some e-books try to derive strategies through statistical analysis while other e-books try to explain the arbitrage theory and how you can trace (by following simple mathematical formula) any arbitrage opportunities. I have told you my opinion about arbitrage. On the other hand, i like statistical analysis and believe that you can derive some very helpful conclusions. I wouldn't buy an e-book about arbitrage but i believe that someone should buy an e-book based on stats in order to derive proper conclusion (and save time from analyzing the data by yourself).
Laying : This category contains plenty of ebooks which try to identify which is the least probably result and bet against it. Most of the e-books covers horse&greyhound racing but there are plenty of e-book about soccer, cricket etc. The problem with these strategies are that most of them are time consuming and the real risk is larger than the odds show. For example when you "lay" a selection at 6, you make a 1,20 bet on the other outcomes. The 1,20 is too low and we all know that the lower the odd, the higher the risk/return ratio.
Backing : On the other hand, there are e-books which explain how you can identify the winner of an event. These strategies can vary a lot and are based on the personal experience of the writer of the ebook etc. Some strategies have proven quite profitable but there is a danger that when you buy such an e-book, you will run into a modified version of the martingale system (which can be very catastrophic). You must be very careful when choosing the right ebook.
Informative : You can find these e-books for free (most of the time) and their purpose is to inform the reader about a particular subject. Most of the time, you will find plenty of affiliate links and they encourage you to click on their links. Such ebooks "talk" about how to join a bookie, how to bet on a bet exchange etc. Although the majority of these e-books won't add anything new, there are some e-books which deal with card games such as Texas Hold-Em and are filled with stats, probabilities and player's attitude. These e-book can offer great help.
Bet Trading : This is my favorite type of e-book. There you can find how you can use bet exchange sites in order to trade your bets. This category can also be divided into two subcategories. The first consists of e-books which are trying to identify how the price of a selection will move and the second will explain you what you have to do during inplay when the price falls or rises. The first category is by far more interesting and is the one which i really like.
Stats / Arbitrage : Two categories into one. Some e-books try to derive strategies through statistical analysis while other e-books try to explain the arbitrage theory and how you can trace (by following simple mathematical formula) any arbitrage opportunities. I have told you my opinion about arbitrage. On the other hand, i like statistical analysis and believe that you can derive some very helpful conclusions. I wouldn't buy an e-book about arbitrage but i believe that someone should buy an e-book based on stats in order to derive proper conclusion (and save time from analyzing the data by yourself).
Laying : This category contains plenty of ebooks which try to identify which is the least probably result and bet against it. Most of the e-books covers horse&greyhound racing but there are plenty of e-book about soccer, cricket etc. The problem with these strategies are that most of them are time consuming and the real risk is larger than the odds show. For example when you "lay" a selection at 6, you make a 1,20 bet on the other outcomes. The 1,20 is too low and we all know that the lower the odd, the higher the risk/return ratio.
Backing : On the other hand, there are e-books which explain how you can identify the winner of an event. These strategies can vary a lot and are based on the personal experience of the writer of the ebook etc. Some strategies have proven quite profitable but there is a danger that when you buy such an e-book, you will run into a modified version of the martingale system (which can be very catastrophic). You must be very careful when choosing the right ebook.
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