Wednesday, August 22, 2012

The Racing Investment Group Review - Is It Legitimate?

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How To Choose Lottery Numbers :

Is The Racing Investment Group just a scam? The owner of this betting group is Kris Jackman, a very famous lay bettor who first came out with his successful lay betting plan called Racing Secrets Exposed back in 2006. Kris places a lot of emphasis on the looking at long term performance and therefore makes it a point to show his members how his betting system has performed before.

How Does Kris Jackman of The Racing Investment Group Help You to Know Whether a Betting Method Works or Not?

By looking at long term data, one can easily see the trends of any betting system and how long any losing run has lasted in the past. This gives a good indication of what can happen in future and thus provides punters with preparation of what could happen in the future if they adopt the methods. Kris also proves how many other betting systems on the Internet have been back fitted.

What Does it Mean to Back Fit a Betting System and Why Does it Not Work?

This means that the owners of these systems created their methods by using a set of past results, choosing and tweaking random variables until they find a selection method that shows a profit for their time period they have chosen. Obviously, this is a recipe for success but is a scam that does not only exist in the betting industry. This practice is also happening in the stocks trading world where traders are trying back fit their trading systems with past results which does not work. Thankfully as Kris will reveal, The Racing Investment Group's betting strategy is not back fitted but based on sound logic.

Why Did Kris Jackman Decide to Start The Racing Investment Group?

Another thing to watch out for is whether a betting methods past results have been profitable simply due to random profitability. The best way to know this is to scrutinize the logic of its selection methods and see if they make any sense in the long term. One good example is the fact that some lottery numbers may come up more often than others which is completely due to luck and nothing more.

This is something that not many beginners are able to judge correctly, which is why Kris decided to create this tipster service. I have also made the observation that many punters are giving up their betting strategies at the first run of losses and immediately dismissing their strategies as failure, which is certainly the wrong thing to do.


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