Frequently Asked Questions
- If FormGenie Horseracing Software is so good why do you have sell it?
- Why do you only allow 100 simultaneous subscriptions to FormGenie?
- How can a computer forecast winners so regularly?
- Can you really bet on horses professionally?
- What equipment do I need?
- What profitability guarantees do you offer?
- Do I need to know about horseracing, selections and gambling?
- Will I be able to bet on every horserace?
- How much does it cost?
- When can I join?
- What are the diferent User Modes?
- Is there a staking strategy or plan?
- What size betting bank do I need?
- What Strike Rates can I expect?
- Do all subscription levels get the same selections?
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If FormGenie is so good why do you have sell it?
There are legitimate reasons for the necessity to licence (not sell) the program. Quite simply it is a question of mathematics and logistics. The math tells us that we can make £100,000's each year by betting on all selections forecast by FormGenie. However, as any semi/professional gambler will be aware, betting logistics mean you simply cannot "get on" with a traditional bookmaker to appropriate stakes once you have built up a positive history (betting exchanges excluded). Although usually on early prices, it is not uncommon for us to have requested stakes reduced (knock-backed) by 75%, even for amounts as low as £200 (a large stake for most, but just to illustrate a point), with the remaining stake "generously" offered at reduced odds. Try it for yourself this Saturday, by requesting £200 on the Racing Post's Pricewise selection at the advertised price (just ask - call them instead of trying online - you don't have to place the bet). Maybe the first few times you ask they will accommodate you, but when you win and beat the SP regularly (80% of FormGenie selections will contract in price), you will not be able to sustain "reasonable" sized bet on your selections. In their defence they are businesses and not a charity. What about Betfair? Granted, this leading betting exchange can at times be a successful gambler's savior, but not always and don't be fooled by the inflated odds advertised on comparison grids as these are often to small stakes (indeed we exclude exchange odds in our published profit and loss reports precisely so we don't mislead prospective clients with inflated odds that would favorably distort our claims). Licensing FormGenie is the only way we can maximise deserved revenue from this amazing Horseracing Prediction Program.
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Why do you restrict simultaneous subscriptions to FormGenie?
FormGenie is not a Horserace Tipping Service, but is a sophisticated horserace assessment and ratings program that forecasts winners at a variety of betting odds and on an extremely regular basis. However, because of the logistics of getting decent bets on with bookmakers (as explained in the "Why do you sell it?" answer) we have to realise the maximum value of this amazing betting software by leasing the program to a limited number of users on a paid subscription basis. This is fine in principle accept there comes a point when too many subscribers backing the same horse will inevitably cause the odds to contract so much so that each subscriber will suffer poor value prices (odds that do not truly reflect the horses chance) thus diminishing returns for clients and our published profit and loss results. We believe that a reasonable profit margin is only attainable by restricting the count of simultaneous subscriptions. This figure used to be set at 100, but it is now a variable number calculated by our sophisticated recording of odds movements and timings. This correlation is affected not by just the number of subscribers, but by the habits of subscribers - whether they use the Super User mode or Power User mode for example and the average staking levels of subscribers.
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How can a computer forecast winners so regularly?
Channel 4, BBC, RacingUK & Attheraces screen over 9,000 UK and Irish horse races per year between them. That's an average in excess of 25 races per day. With a little as 2 minutes, in many instances less, between the end of one horserace and the start of the next, what possible chance do we have to study form thoroughly, make a selection based on probability versus value and place a sensible bet based on our deliberations? Virtually none if we want to be successful in the long term. A PC with FormGenie Horseracing Software installed will assess, calculate and predict the probability of the race outcome and recommend bet or no bet, play or lay in just a few seconds. Run at the start of each day after importing the daily update file, you will be armed with the day's best bets. You won't need a racing paper/website subscription or any other racing supplement (saving you hundreds of pounds per year) and you will have the confidence to bet knowing that absolutely all relevant criteria have been checked and cross-referenced for you. It is as simple as that! The other substantial advantage is that this horserace betting software has no emotional consideration when making selections - removing emotion from betting is the most important attribute to professional gambling, followed closely by knowledge and understanding value.
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Can you really bet on horses professionally?
We know so - we do. But don't take our word for it. Here is just some proof that being a gambling professional is possible:
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"Gambling on horses CAN be profitable, but only if you are patient and only bet when the odds are favourable" - Graham Sharpe of William Hill speaking on BBC Radio5 August 9th 2001.
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The Racing Post's feature way back more than seven years ago on 17th April 2003 announcing a 21 percent collapse in the share value of leading bookmaker Paddy Power following recent results not "going our way", proves that punters can indeed gain the edge. Although they believe this was a blip in freak results, we know that FormGenie will continue this blip - we won 14 of the 20 Cheltenham races! --- Whilst that was a higher than average return for us, we regard it as a reasonable distortion rather than a once-in-a-blue moon occasion.
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"He will price up the race himself before the markets open and if he can't get the price he wants he won't even have a penny on, no matter how much of a good thing he thinks the horse is". - Terry Ramsden describing the key to the success of legendary punter J. P. McManus on BBC Radio5, February 15th 2004. --- Meaning "value" is imperative to long-term profit from betting.
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What equipment do I need?
FormGenie Horseracing Software requires Windows XP or WIN2000+ VISTA or WINDOWS 7 (SORRY FormGenie is not compatible with MAC OS). You will also need a minimum of 500Meg RAM, 10MB free disk space (all pretty standard specifications for a PC under 5 years old) and Internet access to receive daily updates and free program upgrades.
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What profitability guarantees do you offer?
We are so confident that you will make a good profit using FormGenie, that we are happy to offer a full money-back guarantee option on your subscription fee with no penalty for cancellation. However, we do expect you to take a leap of faith so he is where you and us must make a fun bet together:
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THE UPSIDE FOR YOU:
We will allow you to pay your subscription (must be Gold level) to a solicitor of your choice who will then place this fee in an escrow (trust) account. The solicitor will then only release your subscription to us when your trial period (30 days from activation based on using Super User Mode as advocated and returning a pro-rata profit in line with our published 365 days report) is over and once you have given him permission to do so - and we're sure you will have enjoyed a highly profitable trial period. During this time you will have full access to to FormGenie. (You will be liable for your own escrow fees, which should only be around 5-10% of the secured amount). See current P&L for Super User (all FG Top-Rated Selections Only) click here
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THE DOWNSIDE FOR YOU:
Your subscription fees will be 25% higher than had you not opted for an escrow facility. Don't forget, we would refund you if your first month is not profitable - that is our gamble. A bold statement? Yes, but we are absolutely convinced that 20+ years of R&D will continue to show a monthly profit. We see no reason why it wouldn't. If you want to do this please contact us for instructions and TandC by phoning 0844 7365 621.
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Do I need to know about horseracing, handicpapping, speed ratings and gambling?
We think it is important that your knowledge of Horseracing extends at least to the realms where you are aware of the fluidity of markets, the inevitable losing runs and near misses that form part of the cycle of this great sport. However, in terms of FormGenie Horseracing Software working for you there is no requirement for you to understand what makes a horse a selection or otherwise. Or which are the best races to concentrate on. FormGenie does it all for you. In some ways it takes the fun out of it, but this is a serious betting (investment) program that is not supposed to be fun (although it is on many occasions). FormGenie Horseracing Software will auto-download and scan the day's UK horseracing and will quickly perform all the calculations and present you with the day's selections. These selections can be sorted/prioritised by switching User Modes (the various User Modes are available to all subscribers and essentially reduces the number of daily selections to suit your own preference). With no emotion and in just a few seconds FormGenie Horseracing Software will regularly select you winners ensuring a profit level that should provide you with a second or primary income.
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Will I be able to bet on every race?
Yes and no. FormGenie Horseracing Software will assess each UK horserace (Flat and Jumps) on the day. The betting software will only recommend a bet when sufficient and extensive criteria are deemed to have been met. FormGenie has many user modes and once the day's racecards have been processed the software will assign each race to a hierarchical user mode. The weakest selections (this is where no bet is advised) is included in Extreme User mode (as the name would imply). The next strongest are assigned to Super User mode. This is the mode where we publish a daily 365 profit and loss report. After Super User we have Power User, which represents the best of the Super User selections - it is from this User Mode that we publish a daily results blog - there are typically between 1 and 6 selections per day in this mode (bank holidays and Saturdays may differ due to more race meetings). Only the best of Power User selections (those rated 3 star confidence and above) are included in TriStar User mode. This is the most discerning mode and as such some days there will be no selections graded this high. Each user mode is profitable based on the same simple rules of 1 pt win top rated only or 1 pt each way if 5/1 or more - and never bet at odds on.
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How much does it cost?
For current pricing please see the Feature Matrix of the different versions available on the About Formgenie page.
We believe that Semi or Professional Gambling using FormGenie Horseracing Software or similar is the ONLY way horseracing punters can make their betting pay. We also believe that we offer a truly great value-for-money solution to betting on horses that should achieve a second or for some, a primary income. The ratings program can be a conduit to a much-improved lifestyle and can also be an extremely powerful aid in controlling irrational and compulsive gambling. As such we not only want to attract serious players who understand the nuances and dynamics of gambling, but we also want to be fairly and justly remunerated for our continued devotion to and development of FormGenie. There are several versions and subscription options available including for weekends only or daily updates and are only available via annual premium.
Payment methods: All major Credit Cards, PayPal or Cheque.
When you consider that to take gambling to a professional level you would need to spend at least 1-2 hours per race before making your selection, we think you would agree that professional gambling with FormGenie Horseracing Software represents extraordinary value. -
When can I join?
You can join today with instant activation and full access to today's racecards. Simply click here to join. (This link is removed when our full subscriber quota has been reached - see Question 2) Whichever subscriber level you choose you will have the same access to all User Modes. We offer full support and will answer any queries you have almost immediately:
Email: sales@formgenie.com
Tel - 0844 7365 621
Instant download and activation of the FREE DEMO or when clicking the Buy Now option. -
What are the different User Modes?
The function of the various User Modes is to satisfy the different requirements and preferences of subscribers. The fact that the Super User mode shows a long term profit analysing and making predictions on over 8000 selections is an excellent guide to the potential of all of the other user modes. Once the day's racecards have been processed the software will assign each race to a nested hierarchical user mode. The weakest selections (this is where no bet is advised) are included in Extreme User mode (as the name would imply) simply because there has to be a top-rated by default even if it does not merit a bet. The next strongest are assigned to Super User mode. This is the mode where we publish a daily 365 profit and loss report. After Super User we have Power User which represents the best of the Super User selections - it is from this User Mode that we publish a daily results blog - there are typically between 1 and 6 selections per day in this mode (bank holidays and Saturdays may differ due to more race meetings). Only the best of Power User selections (those rated 3 star confidence and above) are included in TriStar User mode. This is the most discerning mode and as such some days there will be no selections graded this high.It is important to realise that all Power User selections can also be found in Super User mode, but not all Super User selections can be found in Power User mode.
Below is a diagram to illustrate how the main "nested" user modes work. You will see that all Power User selections are included in Super User, but not all Super User selections are included in Power User mode. -
Is there a staking strategy or plan?
The only staking plan or strategy regardless of which user mode is selected is 1pt win up to 4/1 or 1 pt e/w if 5/1 or more. A level stake plan is the only way. And no odds on betting ever! If the top rated is forecast to be an Odds-On Fav FormGenie will demote the horse to Extreme User Mode and will not be included in our profit and loss reports as no bet is advised below Super User level. No matter how strong FG has rated the selection if it is below Evens then walk away. Our stats show that over the long term this is the by far best practice.
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What size betting bank do I need?
Our stats show that a bank of 60 x stake is required. Losing runs are inevitable and the only way to cope, both mentally and financially is to have a sufficient bank.
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What Strike Rates can I expect?
Strike Rates are around 30% plus and are similar between all user modes. Baring in mind these strike rates exclude Odds On winners (FG will not select odds on Favs) this makes the performance of the program even more remarkable than at first glance. Note that the similarity in user mode strike rates is due to an explicable statistical anomaly. Firstly the Power and TriStar User selections are rightly deemed to be stronger than Super User selections, which is why there are much fewer opportunities in these modes. As such you would expect the strike rate to reflect this. The fact that it doesn't is explicable in that the Strike Rate in our reports refers to betting returns that are not negative. For example, a top rated selection that finishes 2nd at 5/1 would be a break-even bet at each way (if the race was 5th odds a place). This would be recorded in our reports as a "winning bet" thus boosting the strike rate (but not increasing profit). However, when the same reporting parameters are applied to Power User and TriStar User modes there are fewer each-way opportunities (because the market recognises these are stronger selections and therefore the odds are shorter) so there are more wins included in the strike rate.
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Do all subscription levels get the same selections?
Yes. Whether you choose Bronze or Gold you will get exactly the same selections and rankings and access to the same User Modes. The key difference between the User Modes is the morning update times (7.30AM for Gold, 9.30 AM for Silver and 10.30 for Bronze). This means that Gold subscribers usually get first option on best Odds.


