The first thing that you need to know about this system is that it actually works. It works because you place the same stakes, say £10 on each selection. By following a few simple rules you too can win.

When you use this horse betting system, the number of selections is determined by the odds of the favorite. Below you will find a table with these odds which will help you with your selections.

Note that the odds presented below are in decimals. These odds apply to the favorite of the race.

- Between 3.00 & 4.00 2 Horses;
- Between 4.00 & 5.00 3 Horses;
- Between 5.00 & 6.00 4 Horses;
- Between 6.00 & 7.00 5 Horses;
- Between 7.00 & 8.00 6 Horses.

Let’s take a look at an example. Let’s say that the first race you wanted to wager upon is the 2.10 at Ascot. Simply take a look at the odds and prices that your bookmaker is offering.

Let’s say that the favorite is offered at 5.3. Now look at the table presented above and find 5.3. You will notice that you are allowed to bet on the first 4 horses in the betting market. This means you can bet on the 1st favorite, 2nd favorite, 3rd favorite and 4th favorite. I bet the system is starting to make a lot more sense right about now.

Apply the same technique for any price that the favorite has within the odds displayed in the table above.

The name of this system is “Level Stake�?. It has been around for quite some time, but despite that fact not many people use it. This is because people want t system that will get them huge winnings for every bet. That is impossible and as a consequence those systems simply do not work. It is impossible to win big all the time.

Choosing the horses to wager upon is very straightforward. You are allowed to place your stakes on the favorite and the second favorite if in your chosen race the favorite has odds of 3.

Your total outgoings are £20 if you placed say £10 on each one. You would receive back £20 in winnings and your £10 stake money as well if the favorite were to win. This adds up to a total of £30.

You would receive back £40 plus your £10 stake money If the second favorite were to win at odds of 5. This adds up to a total of £50.

You are allowed to place your stakes on the first 6 favorites if you were to select a big race where the favorite was priced up at 7.

The truth of the matter is that this system is simple but efficient. You could make a nice profit by using this system correctly.

I will use myself as an example. I use it correctly and the profits from horse betting are a nice second income. I even won bets of 25-to-1, but this is a rare even so do not expect them to happen every day. But nothing compares to the thrill you get when you win such big bets.

Below I have listed the exceptions, the times when you cannot use the Level Stakes system. Avoid betting on these races.

- Avoid “Maiden�? races. They can prove to be very unpredictable and that is not a good thing. Results may vary, so do not bet on such races.

- If you are dealing with handicap races with over 16 runners, you are better off not betting. They too can prove to be very unpredictable, so just find another race to bet on.

- Avoid “Apprentice�? races. I will admit that some apprentice jockeys know what they are doing, but most of them are novices and they will make mistakes. A pro jockey knows how to win a race, and unfortunately these jockeys are nut pros just yet.

There is also a variation to this betting system. Bet on the second favorite instead of betting on the favorite. This way you will increase the number of your selections and you will get better priced winners.

This horse racing system is extremely simple to use if you decide to place your level stake bets with the favorite included. Simply bet on the race that follows the criteria presented above.

Let’s say that you only want to wager on 2 to 4 races per day. This means that you want to narrow down the search for good races. In that case, follow the information presented below.

First of all you will need a paper, any paper that has racing pages will suffice. I would suggest “The Sun�?.

Then you must go online and register to an online sports book. I would suggest racingpost.co.uk. Registering will not cost anything, it is completely free.

When it is down to the racing day you will want to apply this system. Simply log onto the racing post website and go through all of that day’s races. Take your newspaper and mark off the selection that the racing post gives as its most likely winner.

Take the newspaper again and look at the rate offered for the newspaper’s two tipsters. You should have 3 tipsters, two from the newspaper and one from the racing post. If all three show the same horse, then wager upon it. Repeat the process for all the races of the day. This should take you around 10 minutes, which is not a long time considering that this system works and will bring you a profit.

The go online to your bookmaker’s site and simply check the odds for the horse that all three tipsters have given. You have a definite bet if the odds are acceptable with the odds in the table. Bet on as many horses as the table tells you to.

There is also a variation to this betting system. Bet on the second favorite instead of betting on the favorite. This way you will increase the number of your selections and you will get better priced winners, not to mention that the selection process is much simple and quicker.

First of all check to see if the race fits the profile of the “to avoid�? races. Do not bet on such races. Try to find races that have between 12 and 16 runners, especially handicap races. This is because handicap races horses are allotted different weights to carry. What that means is that all the horses have the same chances of winning.

This is what you must do in order for this horse racing system to work. Get the odds for the second favorite and place your stake money down on as many selections as the table allows you to.

The selection process is extremely easy and you should not have a problem getting accustomed to it. Now let us take a look at the proper ways to manage your money.

Let’s take a look at an example in order to understand this better. Let’s say that you have a bankroll of £1,000. This amount of money has been selected for the purposes of this example. Feel free to use as much money as you like to or as much as you can afford.

Divide your bankroll by 100.
£1000 / 100 = £10

On your first ever race you should place a wager of £10.

Let’s say that you can bet on the first 4 horses in your first race. Divide your first bet of £10 by 4.
£10 / 4 = £2.50

On the first 4 selections, in your first race, you should place a wager of £2.50.

I bet that by now you are thinking that you will not win a lot of money by wagering a mere £2.50 per horse.

The truth of the matter is that this system is not designed to make you rich. It is not meant to get you to win fabulous amounts of money. You should look at this as a long term venture and protect your betting bank as best you can. You will go bust after 100 losing bets because you have divided your initial bankroll by 100. But that will simply not happen.

Let’s get back to our example. If the favorite wins then you will win a level stake profit of £2.50. If the favorite loses and an 8/1 shot wins, you will then pick up a nice £12.50 profit.

You will notice that your bankroll will increase as time goes by. You will then have more money to wager and your initial bet of just £2.50 per horse will increase to as much as £22.50. I bet that by now this system looks pretty good, doesn’t it?