BOOKIES - GUIDE TO BETTING METHODS
Betting should be organised not merely in the context of a single day's racing, but in terms of a prolonged series of wagers which may even extend over an entire racing season or perhaps even longer.
The four key elements to devising a winning strategy:
1. A sound method of selection or, more likely several sound methods for different phases of the racing year, all working together towards the goal of a long term profit.
2. A sensible method of staking either on single or multiple bets and, also, the willigness to take profits at appropriate times. No one can go on winning for ever and giving winnings back to the bookmaker is one of the worst failings of many punters.
3. An adequate betting bank that will see the punter comfortably to the end of a period of betting and afford the time and finacial breathing space neessary to allow sound practice to pay off. Just as important, the betting bank should be sufficient to get the backer through those times when the going gets particuarly tough. Here it generally pays to budget for the worst possible scenario.
4. The ability to learn from past mistakes and to modify betting procedures with a view to eliminating them in the future. In this a complete recored of all bets struck is a most valuable aid. Such a record will help t establish which parts of a betting operation are suspect or not working. It will also eradicate the gambler's trap of a dream world where a few wins are thought to compensate for may conveniently forgotten losses, thus masking a sustantial deficet in the long term.
When backing horses, with a bookmaker like coral bookies, betting should never be regarded as a matter of pure chance, for much can be done to eliminate the element of luck in betting.
To help devise a winning method here are some helpfull statistics:
UK Horse Racing Form figures
This is the record of recent placings which in newspapers appear to the left of the name of each runner.
Top Rank: 111 ( not in handicaps ) 11 ( two career runs only )
Second Rank: 101, 131
Third Rank: 121, 112
Fourth Rank: 211,114
Fifth Rank: 011
Sixth Rank: 311,321,122, 21 ( two career runs only )
UK Betting Forcasts
How the indication of the betting forecast fares ( leading national racing paper over 5yrs ):
Flat-Turf
Stakes and conditions races (two year olds)
Favourite 40.9% won
Second Favourite 23.1% won
Third Favourite 12.8% won
Others 23.2% won
Stakes and conditions races ( older horses )
Favourite 38.4% won
Second Favourite 22.2% won
Third Favourite 17.5% won
Others 21.9% won
Handicaps ( all ages )
Favourite 23.4% won
Second Favourite 19.9% won
Third Favourite 14.2% won
Others 42.5% won
National Hunt
Non handicap hurdles
Favourite 48.0% won
Second Favourite 22.0% won
Third Favourite 12.7% won
Others 17.3% won
Non handicap chases
Favourite 48.0% won
Second Favourite 24.4% won
Third Favourite 9.4% won
Others 18.2% won
Handicap hurdles
Favourite 27.8% won
Second Favourite 25.8% won
Third Favourite 15.3% won
Others 31.1% won
Handicap chases
Favourite 37.6% won
Second Favourite 23.6% won
Third Favourite 12.1% won
Others 26.7% won
The average punter should take one thing away from these figures, to bet against the first three in the betting forcast, flies in the face of statistical evidence, as to where the eventual winner will come from.
So if you fancy a UK horses bet why not check out William Hill bookies
