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Horse Racing Helpful Tips |
When race watching, always check the 3rd horse in a handicap. This is used as the benchmark for the race by the Official Handicapper, and seldom goes up or down in the weights. So note any that finished close to the winner, but 2L or ahead of the rest of the field. ---------- When race watching, always look for 3rd place handicappers that finish close to the winner, but clear of the rest of the field. These are generally taken as the benchmark for the race, by the handicapper, and so do not usually go up or down in the weights. ---------- When opening an account to take advantage of a bookmaker’s free offer, you can open as many accounts as you wish, as long as you use a different credit card for each. Also, if you ever have an account closed, have a friend open one up with the same company. None of these actions are actually bookmaker friendly, but, like them, we must always look for an edge in our favour. ---------- When doing E/W multiple bets, don't forget you can do 75% WIN - 25% PLACE, or any other percentage you prefer (60%-40%, 80%-20%...etc). The WIN part must always be higher than the PLACE. Most people think you can only do 50-50. ---------- When placing a multiple bet, you do not have to use the bookies special slips, as bets such as Yankees, Canadians, etc., have the odds stacked against you. If you must do these bets, bend the odds a little more in your favour, by writing out the bet with a different staking level. ie., ---------- With Royal Ascot this week, it is worth noting horses that have won 2 or more races going into the meeting, and finishing out of the frame. They run here due to the prize money, even though it is a step up in class, so when they next run, the trainer then enters them back in there own class, and due to the form looking bad they go off at an inflated price, and usually run back to there earlier form. This proved the case last year, throwing up winners @ 10/1, 9/1/, 9/2 + others placed. ---------- When at the races, always remember when running around the ring to keep an eye on the Tote prices, there are a few occasions when you will get a better price, but most people forget to include this method. ---------- When selecting horses, you should only use your own judgment, and those of the one's you trust. However, you should always go through the form of every race before reading what the tipsters have to offer, as you will then have preferences set in your mind before you make your selection's and this often causes you to make the wrong decision. Go with what you decide first, and then check the tipsters. ---------- When using daily newspapers to check for selections, remember that the majority of these people do not make money from betting. They also have to tip in every race. This means that apart from a few main races each day, they only briefly look at the race, and select what they think will win. No form check, or background information. They also have a low strike-rate over all, usually less than 20%. ---------- There's one golden rule you must learn. It concerns the good old British weather. The newspaper tipsters, and the selections on this site, are judged on the going the day before racing. So if there is a change in going, especially a drastic one (i.e. Good to Heavy). Then obviously these selections are false, and should be ignored. If there is a minor change (i.e. Good-Firm to Firm) then you should still check each individual selection to ensure that it acts on that going. ---------- When looking at a race of 8 runners+ and the 3rd favourite is more than 10/1. It is worth ignoring the first 2 in the betting and going through the form of the others as though it was a new race. This way, you can usually notice if there is a good e/w chance or not. At these prices it is usually best going place only with the Tote. ---------- I Was Asked, do the bookies still close accounts? The last time I had an account closed was 2 years ago, and that was a credit account. With Internet betting the bookies have more control over what they can lay-off, and so getting bets on is not much of a problem. You have to remember they are trying to attract the bug Asian players, so they can't refuse, or limit them to a 10p Yankee!! Some Internet bookmakers will limit your bets if you’re winning too much, but the main one's will usually accept bets no problem, even if you’re winning in the long-term. There view is that you eventually gain enough confidence to raise your game, and it's with them when you hit a losing streak. You can of course get what you want on at the race track. JP McManus, and M Tabor make £1000's out of there betting but they still manage to get there bets on. My advice is to have as many accounts as possible. This offers 2 advantages. You have a better variety of prices available, and you can spread your bets so that one bookmaker is not picking up on your trends. You can still have credit accounts closed these days, but betting on the WWW should not be problem. If you ever do have a problem, give Victor Chandler a call, he's well known for taking on the big boys, obviously works for him in the long run, as he's not stupid. ---------- Winning handicappers running in Group company! Form looks solid doesn't it. But be warned, it is a very big gap between handicap, and Group company. I'd say less than 5% actually make the jump to any amount of success, so if you can't get 20/1+ for your horse, let it run without your money. The one's that do win, are at such short prices, you will never recover your losses. ---------- This is the time of year you can make a killing, especially from fillies. Horses improving can often run up a sequence, as they mature. Fillies on ground that has give in it, that show improved form, usually continue to improve. Basically any fillies that have won there last 2 races, or have improved form should be followed until beaten, as this can prove profitable. ---------- When laying Pro-Losers, concentrate on the horses at the head of the betting, this way you risk less, and are usually assured that the bet will be taken. ---------- Backing the outsider of 3 is a myth. Less than 20% in any given season, and you can use this to your advantage by laying the outsider in every race of 3 runners. This will guarantee long-term profits. ---------- ODDS-ON HORSES - There are a number of punters that consider odd-on betting a no-no, as they seem to believe this is not value! This is due to them looking for that big priced winner, even at the price of ignoring a winner. You will find that the majority of these people will struggle to break even, let alone make a profit. Bookmakers are betting odds-on in 99.9% of cases on each runner, and yet they make a profit. They also have the disadvantage of having to bet every horse. You have a choice, and with enough knowledge & experience you will learn which one's to ignore. With tax free betting, odd-on runners can now be used by anyone to turn a profit. Take the new Favourite System I started a few weeks ago. It may only be showing a break even level, but the strike-rate is 65%+. With this consistency it is easy to make a profit with the correct staking system. Anyone who says they no Z horse will win, but at 2/5, is not value , so they back X horse, have lost there marbles, and are the bookies pal. The art is selecting which one's you should back, and that my friend is your homework. ---------- With the New Year now here, it's time to sit down and write down your betting rules. I do it every year, as each year they do change, as racing is a constant learning experience. It may sound as though your back at school, but it gives you something to slap yourself with when you break them. If you’re looking to start the year off with a clean slate and looking to profit from your betting, you will need a betting bank, otherwise you have no control over what you back. All is explained in greater detail on the Secrets page. One rule not mentioned on the site, is DO NOT drink & bet, as with each pint that 66/1 chance you just backed looks more like a dead-cert, and so you place more on it!! The last thing to mention is that you need to maintain a consistent strike-rate in order to maximise profit potential, and you must use the correct staking system. These you will develop over the next few months if you’re prepared to put the work in. ---------- The majority of you probably think of the bookies as the old enemy, money thief, Satan even!! If you do, then your probably one of the many 1,000,000’s of people giving them money, and getting very little back. This is negative thought, and any negative thought in betting leads to your downfall. So what can you do about it, and what difference does it make what you think of your bookie? Well all my bookies are my friend; in fact anyone who gives me money is a friend. Wouldn’t that be the same for you? As soon as you believe that the bookmaker is the nice man who supplies your beer money for a Saturday night, or that new kitchen appliance, then you’re on the road to improving your returns already. Most punters think you can win £1,000’s a day, and buy a yacht one week, and a new car the next when you’re a Pro, but your dreaming, it takes hours of work to turn a reasonable profit each month. If you also think your friendly bookie will happily hand over £1,000’s a day too you, guess what? You’ve got to be joking. If you run a business, and were giving the same customer money each day for nothing, would you still do business with him? Sure you wouldn’t. If you keep trying to bankrupt a bookie, he will show you the respect you deserve for your attitude, and close your account. This is not bad nasty bookie, but common sense. Now if you know your going to make money, and the bookie knows your going to make money, you have too regulate to a set amount each week, and then he’ll be able to lay off your bets, and he will also accept that the bets you put on are also supplying him with decent info. This way you can have a reasonable relationship, although they may still limit your maximum bet. (There are ways around this, but I’m not telling you). If working from home, you will have to plan your betting like a military mission for each punt, and spread it all around. If you want to bet £1,000’s, then the only answer is to do battle on the track, and not on the WWW, or with your local bookie, and once your earning this much, you still have to use the same principle as above. Good luck. Please post any comments, or questions, on the FORUM please. Thank you. ---------- On course secrets!! Just a quick tip this month, but one that should help you discover more winners while on the track. Before racing starts, hang around the bookmakers looking for the any punters placing a good wad of money on a horse. If he/she is wearing a suit, it’s probably best ignoring them, as these are business men trying to impress their clients, or boss, and probably don’t have a clue which end the head is on. If they look like average Joe Punter, but are betting big, they may be a pro. Your probably best keeping watch for a few, rather than concentrating on the one person as you could be wrong. Watch which horses he/she bets on, and watch the race. If that horse wins, or goes well, watch to see what their next horse is they bet on. Again, watch the race, and the next one. After that, if you consider this person to have decent knowledge to can follow what he does for the rest of the day. We don’t mind people doing that, as we can’t hide what we do, although some do get piddled off. Don’t follow in our shadow though, as you will get a few choice words, as you wouldn’t like being tailed by a strange looking person would you? You can approach pro’s on the track, although they might not give you the days selections, in case you nick the prices, the majority will offer you advice, and a few pointers for the future. ---------- Putting the odds in your favour. A few people have recently posted on the forum that the racing is crap on most days. I consider most days excellent for profiting (bar Tuesdays, which usually are crap!!). All racing days include uncompetitive non-handicaps. Most of you probably prefer handicaps, due to the better prices on offer, but how many do you win? The strike-rate of non-handicap Favs is 40%, with handicaps it's 30%. So you instantly get an extra 10% in your favour when you concentrate on non-handicaps. These are the little quirks you look for when looking to improve your returns. One part ignored by most people is the draw. This is very important at some meetings. Take the Guinea's meeting this year. Those drawn low were at around a 5L disadvantage over a mile. If HAWK WING had gone right from the stalls, he probably would have won easily. You should all know that low numbers in 5-6f sprints at Chester supply more winners than the high numbers, by a high percentage. The Lincoln this year was another example of the draw. The horses in front on the line were all drawn high, and covering these runner in REV F/c bets every year, shows a very healthy profit. You will find a basic record of the effects of the draw on in the Racing Post, but if you have time, it is worth looking at in more depth. Backing low numbers at Pontefract & York, put you at a distinct disadvantage. The best draw book on the market is SPRINTLINE 2002, available at AMAZON for £7.99 ---------- Don't Follow The Crowd Profit/Loss figures in papers like the Racing Post, do not take into account whether or not there was a 331/ winner, which easily distorts the true picture, so beware. A comparison of strike-rate to profit, can give you a general idea, but it still doesn't give you the complete picture. Trainer trends, especially at certain tracks are usually worth following, however, the winners to runners ratio is seldom worth the majority even bothering with because of the work involved, for little return at the end of the year. One other problem with doing this, is that the bookies usually know about it as well these days, and so compensate for it in the price. When looking for an edge, first of all run your idea through a few old copies of the RP. One important point to remember is that if the selections you are coming up with are heavily tipped in the papers, or worse napped, then you do not have an edge, and the bookies will have these covered with lower prices, as they know they'll be backed whatever the price. Backing against the crowd is something your intelligence tells you not to do, but the biggest tip I can give you in your quest for profits, is to make your selections before even looking at the prices, ratings, or tipsters, as this will severely influence your end decision. When I'm selecting horse for Pro-Bets, they are picked due to the way the horse has either impressed me on its last run, or it looks to be clear of the field on form. Only once I am 100% certain I will be backing the horse, will I be interested in the prices a few minutes before the off. I then adjust my stake as per the price (see Secure Profit Maker on the Staking page), but it doesn't influence whether I back it or not. That means if it 1/5 I will back it to win, if it shows up as 33/1, I will back it to win, as my decision was made on the horses themselves, and not any outside influences. It may prove difficult for you to read form without looking at the forecast prices, tipsters, etc., but if you do, you will find yourself backing better priced winners. And don't bottle it by going EW. If you must cover your bets for safety. Only go for those 11/1+, and place 80% to win, and the remaining 20% on the Tote Place pool. This is because the place portion at 11/1+ on the Tote out pays the bookies fractions on the majority of cases. Some times by a wide margin. Good luck. ---------- BOOKMAKERS I'm often asked which bookmakers I use the most. Although I have over 50 accounts, unless one of the others are offering a better price, I do concentrate on the following 3; BETFAIR - Excellent for backing and laying horses. No limits on what you can win, and never will be, easy to get a better price than the bookies 80%+ of the time. The 5% charge on winning bets is usually more than covered by the improved prices offered over SP. If your backing any horse not in the top 3 of the betting F/c, you must bet here. BET365 - They offer all kinds of special, such as free bets on Channel 4, money back on selected soccer games, + a free £20 for joining. The C4 offers are exceptional, and you should be taking advantage of them while it lasts. The company has good financial backing, and it's range of bets is on a par, if not better, than the High Street bookie. VICTOR CHANDLER - Has always been one of my favourite's. Easy & fast to use. Has a wide range of bets, and if doesn't have any problem if your winning, unlike the Big 3, as long as your sensible. Try and break the back of any bookie, and your account will be limited to £10 max, occasionally your account could be closed. Note: I do receive commission on the top 2 if you sign-up. This money goes towards running the site, not my pocket, the same rule applies for membership subscription. Every penny is re-invested to improve the site, and service I supply.
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