[BillyHills]

1. Reasoning is STRICTLY required for all bets
2. STRICTLY no editing of posts containing tips, if you need to correct something do it in another post, any late edits will result in disqualification from the competition.
3. 1 Bet per day, Max. If more than one is posted the FIRST named horse will count only.
4. All bets posted must be at least 10 mins before the race time and include the Time, Course and Selection name
5. Starting Price will be used for all calculations
6. All bets are to a total stake of 1pt
7. You may choose a 1pt Win bet, a 0.5pt Each Way bet or a 1pt Lay bet. If you do not state a bet type, it will be entered as a 1pt Win bet. The following rules apply for Lay and Each Way bets:
8. Each Way Bets
   The following terms will be applied to all each way bets:
   Non-Handicaps
   5-7 runners = 1/4 odds 1-2
   8+ runners = 1/5 odds 1-2-3
   Handicaps
   5-7 runners = 1/4 odds 1-2
   8-11 runners = 1/5 odds 1-2-3
   12-15 runners = 1/4 odds 1-2-3
   16+ runners = 1/4 odds 1-2-3-4
9. Lay Bets
   All lay bets are lay to win only.
   All lay bets must have a Racing Post forecast of 4/1 (5.00) or less.
10. All races and race types listed in the Racing Post Cards and Results with an SP are acceptable
11. In all cases, the Forum moderators agreed decision is final
12. "Best Bet of the Day” Award Rules, each month an award will be given for the top tipster. You must post at least 10 bets in compliance with the above rules within a calender month.
13. For strike rate purposes, any bet that makes a profit will be declared a winner, any EW bet that is placed but returns less than the 1pt stake will be marked up as a loser.

*Rules amended/ updated May 08
Previous Winners

Month	Winner	Bets	Won	Lost	Profit
December	Mileni4uk	13	8	5	£8.34
January	Russ P	11	4	7	£9.69
February	Hoprock	14	6	8	£10.24
March	Russ P	12	7	5	£17.75
April	BillyHills	26	17	9	£23.16