Wineachway is a horse racing system by Lester Cavanagh, who last week gave us a sneak preview of his work with the Lower Class Masters system. Well this time the price is £47 so does his “Wineachway system” warrant you opening your wallet?
Well, its a basic system, that is based on what looks to be sound logic, and has a trainer element to it that certainly strikes a chord with me as being nice angle to exploit. Its nothing complicated, there are no odd rules and selections are easy to find. All of this is detailed in a 56page pdf – of which you only need bother to print the first 13 pages as the rest are just results.
As the name implies you can back either win or each way, both are profitable. Reading the manual I would mark it down for sloppy presentation, something that doesn’t at all make it hard to read but a few errors are annoying when you’ve paid for something I think (I might have got an early draft!?) Also it details a method of finding the selections which is long winded, there are easier ways to find the selections including checking one page of the Racing Post. I checked this and found Tuesdays selection (which was a winner at 14/1!).
The only other point I noted was that Lester plans to give subscribers (you are offered the chance to get the selections for an extra fee) access to the selections the night before racing. He quotes that this will enable you to take advantage of the best prices. Well that really depends on how many people are going to be using this. Its a double edged sword you see, there is never going to be hundreds of pounds available on any horse at large double figure odds on Betfair the night before, and if the small liquidity that is there gets hammered, this could actually affect bookmakers opening prices as well, totally shooting itself in the foot. I’m not saying this will happen, but the potential is there and personally I’d err on the side of caution when with something like this, as any edge a system has, is 100% in the prices that are available, so if you start to affect the market, you blunt the system.
That aside lets that a look at historical performance:
Having looked at the yearly historical performance you have to say its impressive,
and I’ve myself proved it is possible to find systems that continue to work in real time, with my national hunt winners system which has continued in the same vein for two years since I first built it. However I will say although this is based on decent enough logic, and I like the idea, it has still very likely been built with an element of “cherry picking” based upon historical ROI, and the author gives no mention or proof that this system has been working in the real world. That said there is the 14/1 winner the other day which has bumped up this years haul to 30pts already, so it would at least appear to be working.
As with all systems though you’ll need to judge performance over the long term, which is something I plan to do with this. And I’ll certainly be keeping a keen eye on the progress of this.