Betting Profits Formula

For the past couple of weeks, I have been bombarded with emails about some bloke called Joshua Jacobs, every one of my many email addresses were filling up with the usual hard sales bull that appears in your inbox all too frequently. I did the usual thing of filling it firmly in my email trash can. That was until I heard from a good friend, widely respected throughout the industry, that I probably should have a read of it as I “will be surprised!”.

That caught me a little of guard, so I toddled off and got myself a copy. I opened it, still half expecting the normal 12 page waffle, but instead found myself staring at page one of no less than 194! Now, I can waffle with the best of them, but even 194 pages is stretching my abilities, ‘maybe there is something useful in here’ I thought.

So, with a healthy amount of scepticism and a little curiosity I began my journey through the Betting Profits Formula book. I was a little bemused that it took 15 pages to actually find anything useful although, to be fair, the opening pages are a glossary of all the racing terms you will come across on a daily basis, and for those new to the game is potentially very helpful.

So, onto the first of six ‘Modules’ - not chapters - modules and, sceptical as I have been, it does actually contain some useful information. In fact, some of the information is very useful. Module One gives a grounding in sports betting for those who haven’t ventured into this game before, and gives a timely reminder of the fundamentals to those that have. Joshua even reveals little tricks that I didn’t know about myself, so I was beginning to think there may actually be something in this course after all!

Now that we’ve been taught the essentials of sports betting, Module Two goes on to give the reader a couple of interesting little systems to operate that actually took me by surprise, as I can see where Joshua is coming from with them and I see no reason for them not to make consistent profits. Obviously, I’ve not tried these out for myself yet, but I can see the logic behind them.

By this point, I’m getting more and more intrigued! I was expecting 10 pages of waffle, one page with a ’system’ and one with a ‘real life example’. What I was actually finding was some very useful information, without too much in the way of padding. Read on I think…read on…

Module Three deals with football betting and is no less than 22 pages of systems and examples, again they make sense. Module Four is a much shorter chapter and looks at other sports and how to find value bets to strike…yep, yet again it makes sense. Module Five deals with trading, Module Six gives you tips from the professionals. I confess to being a little surprised to read professionals giving away their secrets, but again, there’s not much to fault with the strategies discussed - and they discuss a few!

The final 70 or so pages are really just rounding up all the information from the six Modules, and trying to give you some extra information, variations on strategy and even an extra system or two to boot!

So, did I find Betting Profits Formula any good? Hell yeah! Do I have any complaints? Just one minor niggle really, it is a bit of an information overload, especially for those completely new to the game, however, a first read through will get you an idea of what parts will interest you (if you don’t already know) and then it’s just a case of re-reading those parts that do and getting to grips with the strategies detailed in there.

I have to admit that I am very surprised to find myself giving this a big OBE thumbs up, but credit where credit is due, you won’t find many courses out there that will give you so much information and so many different strategies for the money. Go grab your copy NOW!

Until next time,

Online Betting Exposed

Published on March 15, 2008

PS -- Ask a question or leave your comments about this article below...

  1. Chris on June 26th, 2008 4:45 pm

    Hi folks and please forgive me for my english
    This is my first post here, i found this website few days ago and i’m glued to it since,
    OBE is terrific,so at first i wanted to thanks people involved in it, you’re doing a great job.
    Ok now let’s go back to Betting profits Formula, i have a question for people how already
    bought and read it concerning the Betfair screenshots on the salespage, the cricket, football and tennis match, at first saw it looks like dutch, so i took my dutch calculator, enter the odds.. no dutch, then i took my calculator to find out the stake for each line, and wathever the outcome, it would lose some money, first i thaught, ok i can make the same “can’t lose” screenshots to boost a scam ebook salespage, but a detail attract my attention, for the football match there’s two lines with 88£ and one 98£ profit, a dutch always produce an equal profit for each bet, so i hope there something real behind this.
    So my question is, did you find in this book a system that can produce this kind of bets with a real profit, like the author claim on salespage screenshots?

  2. Paul on June 19th, 2008 12:34 pm

    Mark, it probably depends on what you consider trading. Every time I put money down on anything - backing / laying / arbing or whatever - I consider it trading. I think this is a pretty good guide, with a lot of info on a lot of different things that are sold separately for as much as £100 a go elsewhere, but there isn’t any way we could run a system test on it. There’s far too much in it to test it in the same way we’re doing with individual systems.

    That’s why we’ve put it in the “courses” category alongside things like False Favourites. The latter is one of the most valuable things we’ve ever looked at it, and one of the cheapest too, but it offers a lot more to the reader than most systems do, so we’ve classed it as a course.

    No need to pull me up on anything…. I didn’t write their salesletter :-) Craig has done a pretty good job of outlining what the different modules cover and we’ve always used the term “strategies” more than “systems” when talking about it.

  3. Mark on June 19th, 2008 12:15 pm

    Thanks Paul/Paul

    I’m fortunate enough to make money trading so will give it a miss, I don’t make £7k mind so am perhaps missing something.

    I would have to pull you up on something though. The website is definatly biased towards giving the reader the impression it is a number of systems to be duplicated and not trading. Just my view in Reading the webite a few times now, so if it is a number of trading stratergies then I think it is a little misleading

    I must admit I an leaning towards mechanical systems at the moment much like all the ones which are currently on test here. I find trading is a skill that you either have or do not and a book may point you in the right direction but ultimatly will not make you sucsessful



  4. Paul on June 19th, 2008 12:39 am

    I actually like trading, more than anything to be honest, but it’s one of these things where it’s difficult to be completely systematic about it. I think you need to read as much as possible, learn what works for you personally through practice and educate yourself thoroughly about the markets you’re trading on. Then, in much the same way as financial traders, you use a combination of experience, knowledge and ultimately INSTINCT to operate. The latter is probably the thing that makes the difference between doing it successfully, or not, but you can only act on instinct properly when you have enough experience and knowledge.

    That was a bit long-winded :)

    You should read this….

    It’s a book called “Blink” by Malcolm Gladwell and you can pick it up from Amazon for about £6.

    It isn’t a betting book, but it explains why “thinking without thinking” (acting on “educated instinct”) is so powerful. It starts off with “This book is all about those moments when we know something without knowing why” and it pretty much sums up what I believe is the single most important trait you’ll find in every successful gambler / punter / trader / whatever you want to call it.

    One of these days I’m going to write my own book on the subject, but it will be geared towards betting psychology rather than general psychology, because it’s something I’ve never seen anyone else even touch on before and it’s probably the “missing link” that a lot of people are looking for.

    Anyway, you should get Blink too as it’s a decent starting point for what I’m talking about.

  5. Paul Pro on June 18th, 2008 8:33 pm

    Bought it, used the strategies, won some lost some. Realised tradings not for me! Not really a system, if you want my opinion i would say don’t buy. But thats just my opinion.

  6. Paul on June 18th, 2008 7:02 pm

    It isn’t a system Mark, it’s mostly trading strategies, so there was little point in us testing 20 odd different strategies on here. If you want a complete education on betting exchange trading then you won’t go far wrong with this…. it’s a very thorough course.

  7. Mark on June 18th, 2008 4:52 pm

    So has anybody purchased this and made the £7k a month that the website claims? I know the guys have given it glowing reviews but we don’t seem to have anybody willing to post results using it???

    Any comment welcome!



  8. Paul on May 22nd, 2008 6:20 pm

    I’m not really sure what you’re asking for here Dotun?

  9. Dotun on May 22nd, 2008 6:04 pm

    Am a new bie in sport betting and I need the Betting Profit Formular, please can anybody help out ?
    Cause have been ripped off many times

  10. Nicky on May 22nd, 2008 5:42 pm

    Ok Paul thank you. So has anyone actually tested it for a month or 2 yet?

  11. Paul on May 22nd, 2008 12:01 am

    I did read it Nicky, but I couldn’t give you any idea of the profit you could generate. A lot of it involves trading strategies and it’s impossible to put a figure on that. What I said earlier about this course covering a lot of strategies that are sold elsewhere for as much as £100 each is true though - there’s a lot of good information in this.

  12. Nicky on May 21st, 2008 11:57 pm

    how much around about can be made and what modul s being used with what betting bank? thank you.

  13. Nicky on May 21st, 2008 11:49 pm

    i know that paul. have you not read it?. Didnt mean too say system. Can u give me and the rest of the guys an idea of how much can be made with say a £100 ban weekly? would be much appreciated.

  14. Paul on May 21st, 2008 11:38 pm

    It’s not just one system Nicky - it’s a 194 page course.

  15. Nicky on May 21st, 2008 8:56 pm

    ok whats happening with this system its been a while. any good?. Think you could give an honest low estimate of what you are most likeley to of made a month with £100 bank?. Cheers.

  16. Paul on May 21st, 2008 7:15 pm

    Nuno, it would all depend on which strategy you were using from the course - it covers a whole load of different profitable strategies. It’s packed with information actually.

  17. Nuno on May 21st, 2008 6:09 pm

    how much money we can make, and how many money we have to start our bankroll???

    How much time do i have to spend to make 100€ ???

    Thanks very much


  18. Paul on May 3rd, 2008 9:56 am

    It doesn’t really cover arbitrage in the traditional sense Stephen. There is a host of different trading and betting strategies, but not arbitrage.

  19. Stephen Snow on April 30th, 2008 1:34 pm

    Does the Betting Proftys Formula cover Arbitage?

  20. Jeff on April 2nd, 2008 8:09 pm

    Maybe someone can clear something up regarding this system. I contacted the system developer - Josh. Since the sales site references Betfair and UK sports, I asked if this is something I can use in the US. He responded with, “If I’m honest with you, the BPF is not really for US users because Betfair don’t allow you to bet with them… and having a Betfair account is quite important.” Any US players using this?

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