Virtual Racing
Virtual racing doubles are consistently high value +EV bets.
Assessing the value
The bookiebashing virtuals tool assesses all horses at the virtual racetracks, and applies a markup with appropriate bias. Users can quickly determine the fair odds of all horses in all races – and can quickly combine two horses to determine the value of the Betfred Virtual Double.
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Finding the results
If you aren’t too keen on actually watching these races when they happen this website has the results. As does this one!
Expectations
Betting on these can result in long losing runs due to the length of the odds and the size of the edge. On average you can expect to be betting at around 17 against fair odds of around 15.5 so you can expect to win 6.5% of the time and achieve EV of 109% over the long term.
If you look at the variance model in the tools area you can plug in the average odds and have a look at what the distribution of profits looks like over x bets and y simulations.
Below is a normal distribution betting at average odds 16/1, Average EV 109% over a sample size of 365, equivalent to one double a day for a year.
Below is a normal distribution betting at average odds 16/1, Average EV 109% over a sample size of 1730, equivalent to two doubles a day for 2 years.
