Betting systems have existed for as long as gambling has, but many of them are as bogus as a get-rich-quick scheme in the classified pages of the Daily Sport.

There are, however, more worthwhile systems, put together by gamblers with a deep understanding of their subject matter.

Definitely from the latter camp, speedmasteronline.com is an excellent resource for people who love to bet on horses. For over a decade, punters have used it successfully, and InsideEdge staffers got a taste of what it can do in the last month.

Speedmasteronline.com has its roots back in 1992, when John Hooton, a photographer, electronics troubleshooter, and son of a racehorse trainer, John K Hooton, began programming betting utilities for Psion Organisers.