Twenty-two years on the rails·Now he bets the other way
Vic Vyle in a tweed suit with a BOOKMAKER board round his neck, fists up, shouting the odds
Betfan · Horse Racing

I took your money for twenty-two years. Now I'll show you where I got it.

Three shops and a pitch at half the northern tracks. I never patted a horse in my life and I never lost a penny to one. I lost it to the handful of punters who only bet when the price was wrong.

— Vic Vyle

The book, and where it's wrong

How a race reads to me

A horse isn't brave or unlucky or well handicapped. It's a number. The exchange tells me what its real chance is. The bookmaker tells me what he'll pay. When he pays over the odds, that's a bet. When he doesn't, there isn't one, however lovely the animal looks in the paddock.

Real prices from last week, shown to explain the method. Vic's own selections start on public record this week — these are not results.
RaceHorseTrue priceBest on offerWithEdge
Plumpton 16:38Porridge34.051.0Bet365+33.5%
Hamilton 16:00Lucky Camino12.017.0Bet365+27.1%
Newbury 15:20Momentsofsurrender36.051.0BetVictor+26.8%
Newmarket 15:45Sierra Sands8.612.0Bet365+26.1%
Newcastle 16:10Park Lane Penny6.49.0Sky Bet+24.2%
Hamilton 17:00Woottons Gal8.612.0Ladbrokesno bet
True price

What the money says the horse's chance really is, taken off the exchange where people bet against each other.

Best on offer

The biggest price any bookmaker will lay me. If it isn't bigger than the true price, he's charging me for the privilege.

Edge

The difference, and the only reason I ever have a bet. Under it, I don't play. That line at the bottom happens more often than the others.

The 18 per cent you never see

What a bookmaker calls the overround

Add up the chances of every horse in a race and it comes to 100 per cent. One of them has to win. But add up the chances the bookmaker's prices imply, and it comes to nearer 118. That extra 18 is his wages, taken off the top of every race, whoever wins.

100% — the race itself +18%
The white is what the race is actually worth. The red is mine. Was mine.

You cannot beat a man taking eighteen per cent off the top by backing horses you like the look of. You beat him by only playing in the races where he's got a price wrong by more than he's charging you. That happens most days, in one or two races, and almost never in the ones everybody's watching.

Most days the book is right

And on those days I'll tell you so in one line and go and do something else. If you want a man who finds you four bets every single afternoon, there are plenty about, and they're the reason I could afford three shops.

Terms of business

One to four bets a day · win or each way · no accumulators, ever

Until the first race at Ascot
--days
--hrs
--mins
--secs

You get the horse, the price, where to get it, and the stake. No stories about gallops. No trainer gossip. If I can't tell you why the price is wrong in one sentence, there's no bet.

28 days£19.99Month to month PayPal Subscribe Debit or Credit Card
Powered by PayPal
Best value 90 days£29.99Half the monthly rate PayPal Subscribe Debit or Credit Card
Powered by PayPal
180 days£39.99For people who understand variance PayPal Subscribe Debit or Credit Card
Powered by PayPal
Take both and the second one is half price — for good. £10.00 instead of £19.99, for as long as you keep it — not an introductory rate, and no step up later.

🔒 Secure checkout by PayPal  ·  Cancel any time  ·  No lock-in  ·  18+ only

The record starts today. Every selection dated, priced and settled in the open, winners and losers alike. I'm not asking anyone for money without something to argue with.

The fellow with the telephone

Vic Vyle v Charlie Weaver

VicBacks a horse when the bookmaker has the price wrong. That's the whole method and it fits on a postcard.

v

Charlie WeaverRings stables at quarter to six and backs what his friends fancy. Lovely man. Being handled, and doesn't know it.

Two records, side by side, settled in public. At the big festivals we take the same meeting head to head. He'll have his days. So will I. The book keeps score.