In February 2009 I introduced the Exchange Service to take advantage of the wider range of markets the betting exchanges offer.

Overall since introduction to the end of 2010, we have a record of over 100 points profit, a strike rate of 56%. We average three bets per week at an average of 1.75 units per bet. The profit on stakes is just over 20%.

A look at the latest profit making bets includes...

Backing
Bow Badger	WON	4.5	Tout Regulier	WON	5
Lady Soughton	WON	4	Heez A Cracker	WON	3.2
Perez	WON	6.7	Rio Gael	WON	5

Laying
Cinaman	Lost	2	Shopfrontspecialist	Lost	1.7
Ring Bo Ree	Lost	1.7	January	Lost	2.4
Quell The Storm	Lost	2.2	Rhyton	Lost	2.7

Steve personally prices up every race of interest to a 100% book. It is the first step to identifying true betting value and then taking full advantage.

The following example exchange bets explain more...

Cinaman

"This is a much stiffer task for the favourite than the market or his ability would indicate. Good value to oppose him at up to 2.4."

Cinaman finished a distant fifth of the six runners. Easy to lay at a general 1.9.

Rhyton

"On what he has achieved on the flat; hurdle debutant Rhyton could struggle against his experienced opposition. I cannot see how Rhyton can be favourite and looks a decent lay."

Rhyton finished a tailed off last after losing contact with his main rivals after the fourth hurdle. Steve's advised maximum lay price was 2.86. Rhyton was a general lay at 2.7.

Two against the field

"In this five runner race, Picts Hill and Honour's Dream are the two to be with, even though the betting says otherwise. The two market leaders make little appeal and the ground is against McCoy's ride. Therefore we back both Picts Hill and Honour's Dream."

Pict's Hill (WON 8.2) was chased home by Honour's Dream. For those also deciding to have a forecast on their own account, the CSF paid over 38/1.

Ring Bo Ree (Place Lay)

"Step up in class for the favourite and he could find this too much for him. The best value is to lay him on the place market at a maximum of 2."

Ring Bo Ree never justified his short price and finished a weak sixth. Easy to lay at 1.7.