Thursday, November 15, 2018
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Here are answers to some frequently asked questions:
How Do I Get Access to Selections?
The selections are posted in your memberâ€™s area under the â€™Todayâ€™s Selectionsâ€™ link You will have to log into your membersâ€™ area to get them. An email is sent to members as soon as new selections are published on the website.
Do You Advise Size of Stake on Each Selection?
Win selections stakes are normally advised to 1 point (and very occasionally to 2 points. Each way selections stakes are normally advised to 0.5 point each way.
Will Bet Alchemist Increase My Betting Profits?
Yes, Nicky sure will be giving it 100% as he backs all selections himself to large stakes ~Â£300 a Point . It's just a matter of managing your betting bank and patience while waiting for big priced winners
When Are Selections Made Available to Members?
The Selections are usually available from 7pm the previous night with Members Emailed to Inform them that New Bets have gone live.
I always let you know the date and time of the next scheduled bets at the end of each new update as well as including it in each email to members.
On some occasions Members Selections will be at 10:15am on the day of racing due to the bookies not pricing up those particular races until same day as racing. However, that is in the minority of cases.
How Should I Back Them?
To some degree, this is up to you. However, I strongly advise you follow the recommended stakes advised with each bet. Generally, we bet 1/2 Point Each Way over 5/1 and 1 Point Win below 5/1. If we have a very strong fancy it will be double stakes at 1 Point Each Way or 2 Points Win.
How is Bet Alchemist Different From The Others?
We're different in that Nicky backs all selections advised and posts the results online within 24 hours. Very few if any betting services post their full results for the public to view on their website. Existing members ensure all is above board and selections are proofed to Race Advisor & Racing-Index too! We have nothing to hide unlike some others out there.
How Many Selections Will There Be?
That all depends on the quality and number of race meetings/festivals on that Month. On average we bet around 50 selections a Month.
The busiest time is during the Spring Festivals like Cheltenham, Aintree & Punchestown or Royal Ascot, Galway & Glorious Goodwood during the Summer.
Are Selections Win Only, Each Way or a Combination?
The quick answer here is that most bets are each way as we back value selections mostly at 5/1 above. Past Results have shown each way betting to slightly outperform win only bets which is against conventional wisdom of most punters!
Traditional Bookies are best for each way betting but if you have enough patience then win only betting using Betfair or Betfair SP will deliver good profits as well.
I have had several bookie accounts restricted or closed so at times it's best practice to hop in the car and visit a bookie shop and place my bet using good old cash to guarantee I get a price. Stay disciplined and rather than accept a lesser price online get your bet on any which way at the highest prices as long term your profits will be much higher.
What About A Betting Bank?
Great Question, A betting bank of 80 to 100 points is recommended to comfortably see out bad runs. Most bets are placed leading into and during the Cheltenham Festival and after that there are never too many outstanding Ante Post Bets Active at any given time. For Example if your stake is Â£20 per Selection then your betting bank of 100 points would be Â£2000.
What Prices Are We Betting At?
We love big field handicaps when juicy double digit prices can be found and backed each way. Two recent winning examples were Minella Foru at 20/1 in the Paddy Power Handicap Chase & My Murphy at 20/1 in the Thyestes Chase.