Do you like the idea of making real money from Horse Racing every month?
Have you wondered why professional backers make money all the time, but you find it really hard going, to turn in a profit?
Lets just look at the same old silly mistakes many punters make time and time again
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The Bookies Win Every Time
-----------------------------
Have you ever seen a poor bookmaker?
Hardly!
Why?
Because there are any number of thousands of "punters" eager to empty their wallets into the bookmakers hands, time after time
Now of course there is a great thrill of the horse racing game
To see you horse come home first is a great thrill
But backing a winner - at any price - is a sure way to lose overall
This is one of biggest mistakes many punters make - and they never learn
---------------------
Why Do People Lose?
---------------------
The reason most backers lose is very simple
1. They back too many selections
2. They back at too short prices
Lets look at the first one:
==> Too Many Selections
This is an old favourite that keeps the bookmakers in business
The more bets you make the more bets you will lose - its really quite simple
The number of solid bets that are worth taking on is actually quite small - maybe as low as 5% or less
To begin with we know from statistics that alot more favourites win in non handicap races, than in handicap races
So if you strike out all the handicaps, your winning percentage will increase automatically
However around 60% of the races on the card are handicaps - sometimes more
So straight away we are getting fewer and fewer races to work with
At some meetings you might only get two non handicap races to work with
-------------------------
Poor Value Favourites
-------------------------
Many favourites are actually poor value animals
Take a simple example - Maiden Races
A maiden race means that none of the horses have ever won a race
So therefore any favourite in a maiden race, has to be a very poor betting opportunity
Such a favourite is merely the least worst of all the horses taking part
Essentially what we are saying is that all the horses are pretty hopeless, but one of them has to win - virtually by default
Therefore favourites in maidens are generally not a very good proposition
----------------------
The Second Mistake
----------------------
Backing at too short prices
The second most common mistake of punters that lose overall, is backing horses at prices that are too short
As a general rule of thumb, anything less than 13/8 is definately too short
There are exceptions to this of course, but 13/8 is a reasonable minimum to deal with
Now step one in being successful is picking the right races
As I have already indicated statistics show that favourites win more often than any other betting placement, and favourites in non handicaps win more often than handicaps
So this means that we should concentrate on VALUE selections i.e. 13/8 or bigger in non handicap races, where the horse is favourite
There are a few other factors to take account of as well, such as data from the previous race, prize money, class of race, weight carried etc
However, if you followed a simple strategy of limiting yourself to these races, and backing only favourites that had reasonable form behind them, then your betting returns would almost certainly improve
------------------------------ ----------
How To Find The Best Bets Of The Day
----------------------------------------
Finding the best bets of the day is very important, but can be very time consuming if you havent got a lot of past data to go on
What I do is develop horse racing selections based on systems that have stood the test of time, and make a level stakes profit over at least a year
Now the key to being successful is to bet sparingly - this means just a few bets a month, instead of several bets every day
Very frequently I only place a couple of bets a month, but with high stakes i.e. 1,000 or more. This is a stategy that can reap dividends
In other words wait for the right races to come along, and then get in big, and pocket the winnings
Have you wondered why professional backers make money all the time, but you find it really hard going, to turn in a profit?
Lets just look at the same old silly mistakes many punters make time and time again
-----------------------------
The Bookies Win Every Time
-----------------------------
Have you ever seen a poor bookmaker?
Hardly!
Why?
Because there are any number of thousands of "punters" eager to empty their wallets into the bookmakers hands, time after time
Now of course there is a great thrill of the horse racing game
To see you horse come home first is a great thrill
But backing a winner - at any price - is a sure way to lose overall
This is one of biggest mistakes many punters make - and they never learn
---------------------
Why Do People Lose?
---------------------
The reason most backers lose is very simple
1. They back too many selections
2. They back at too short prices
Lets look at the first one:
==> Too Many Selections
This is an old favourite that keeps the bookmakers in business
The more bets you make the more bets you will lose - its really quite simple
The number of solid bets that are worth taking on is actually quite small - maybe as low as 5% or less
To begin with we know from statistics that alot more favourites win in non handicap races, than in handicap races
So if you strike out all the handicaps, your winning percentage will increase automatically
However around 60% of the races on the card are handicaps - sometimes more
So straight away we are getting fewer and fewer races to work with
At some meetings you might only get two non handicap races to work with
-------------------------
Poor Value Favourites
-------------------------
Many favourites are actually poor value animals
Take a simple example - Maiden Races
A maiden race means that none of the horses have ever won a race
So therefore any favourite in a maiden race, has to be a very poor betting opportunity
Such a favourite is merely the least worst of all the horses taking part
Essentially what we are saying is that all the horses are pretty hopeless, but one of them has to win - virtually by default
Therefore favourites in maidens are generally not a very good proposition
----------------------
The Second Mistake
----------------------
Backing at too short prices
The second most common mistake of punters that lose overall, is backing horses at prices that are too short
As a general rule of thumb, anything less than 13/8 is definately too short
There are exceptions to this of course, but 13/8 is a reasonable minimum to deal with
Now step one in being successful is picking the right races
As I have already indicated statistics show that favourites win more often than any other betting placement, and favourites in non handicaps win more often than handicaps
So this means that we should concentrate on VALUE selections i.e. 13/8 or bigger in non handicap races, where the horse is favourite
There are a few other factors to take account of as well, such as data from the previous race, prize money, class of race, weight carried etc
However, if you followed a simple strategy of limiting yourself to these races, and backing only favourites that had reasonable form behind them, then your betting returns would almost certainly improve
------------------------------ ----------
How To Find The Best Bets Of The Day
----------------------------------------
Finding the best bets of the day is very important, but can be very time consuming if you havent got a lot of past data to go on
What I do is develop horse racing selections based on systems that have stood the test of time, and make a level stakes profit over at least a year
Now the key to being successful is to bet sparingly - this means just a few bets a month, instead of several bets every day
Very frequently I only place a couple of bets a month, but with high stakes i.e. 1,000 or more. This is a stategy that can reap dividends
In other words wait for the right races to come along, and then get in big, and pocket the winnings
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