Finding Winners is Hard
When it comes to finding winners Centaur are about as good as it gets. For the last four years we have made considerable profits for our clients (see www.centaurglobal.com). However, even we find it hard at times. Hardly surprising when you consider that an average day’s 3 meeting, 18 race programme will feature some 200 or so horses and, by definition, only 18 winners.

No, finding winners is hard. In the majority of cases even the jockey and trainer do not know. They may feel their horse has a good chance - yes, but then so might several other trainers and jockeys. And if those closest to the horse don’t know, what chance Joe Public?

Not a lot.


Finding Losers is Easy
However, if it’s losers you’re looking for - well, that’s a different story. Open the racing page, stick a pin in, and, as seen from the foregoing, you have more than a 90% chance of picking a loser. Narrow it down to favourites only and, amazingly, it is still odds-on that you will pick a loser. Why? Because more than 2 out of every 3 favourites lose. Indeed, in some classes of race the failure rate is 3 out of 4. Hence, rich bookies, poor punters.

Until now.


The Betting Exchange Revolution
Traditionally, the only way to make money betting on horses - or, more often than not, lose money - was by backing those all too hard to find winners. And, to place your bet, you placed it with a bookmaker who had all the odds in his favour.

Now all of that has changed.

The introduction in 2001 of the Betting Exchanges has done for horserace betting what spread betting, contracts for difference, warrants, futures, options and the like have done for the stock market investor. Just as investors and traders can now profit as easily from falling share prices as from rising ones, (ie, they can bet on the price of a stock going down and profit when it does), so Betting Exchange traders can bet on a horse losing and, if and when it does, profit accordingly.


Exchange is no Robbery
Just as stock market brokers and dealers match buyers (those who believe the price will rise) and sellers (those who believe the price will fall) so the Betting Exchanges match backers (those betting on a horse to win) and layers (those betting on a horse to lose).

You believe a particular horse will lose, someone else believes it will win. Your bets are matched. The horse loses, you get their money; the horse wins they get yours. How much changes hands depends on the size of the trade and the odds it was transacted at.

And what do the Exchanges get out of it?

Well, unlike bookmakers they do not mind who wins or loses. They are facilitators, nothing more. And for providing the facility they charge a small commission on winning trades.

Profiting from Losers
As we have seen with 9 out of 10 horses losing and 2 out of 3 favourites going down, if it is losers you are looking to profit from, the odds are heavily in your favour. Add to this Centaur's proven expertise and you have a winning combination.


Recession Proof, Bomb Proof
Unlike the stock market which continues to live under the twin threats of recession and of further terrorist outrages - outrages that can wipe 25% off share prices in a day - the consistent returns offered by The Bismark are unaffected by the economy and by other world events beyond our control.


Tax Free
All Bismark/Betting Exchange profits are tax free.