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October 28, 2008 at 14:34 #186825
Plenty of sound advice on this thread
Through bitter experience I’ve found that a sound way of reducing the risk of losing runs is by not setting yourself short-term targets such as:
"I’m not going out at the weekend as I want to get some serious betting done"
"I’m planning to go in heavy at Cheltenham/Ascot/Santa Anita/Perth this week"
"Couldn’t really afford that 42" LCD TV, but no matter I’ll just try that bit harder on the horses and will soon get it back"
In effect just approach each and every day the same way and in the same frame of mind: one day, one bet, one winner, one loser is but an inconsequential, infinitesimal part of an infinitely large picture
…and if you don’t feel like an evening poring over the formbook, then don’t bother. There is always tomorrow
Enjoyment enhances success
October 28, 2008 at 17:14 #186853Is it not possible to reduce the monotony of flat racing by specialising, only betting in grades you are interested in?
I too am bored with class 6 stuff, so do not bet in those races and so do not need to watch them. Because class 6 also interferes with class 5’s I also don’t bet in them (well very rarely anyway).
This cuts out all the carp.
I am thinking of giving up on sprint and long distance handicaps too, other than top handicaps. For the simple reason I do not seem to do that well in them.
AP,
Do you think there might be too many people using your methods these days on the flat? The value might not be there so profit is harder to find.Mark
Value Is EverythingOctober 29, 2008 at 05:26 #186979AnonymousInactive- Total Posts 17716
db
There’s an old saying in racing that "Scared money never wins", and, like a few other racing axioms, reflects a wisdom that is undoubtedly based on bitter experience.
Scared money might get you the odd return, occasionally save you from a disastrous day when chasing your losses but, if your confidence is shot, you are essentially betting against yourself, and in the long-term there is only one ineviitable outcome.
Racing and betting basics don’t change overnight, haven’t really changed that much in decades, though one’s view of them may change as spasmodically as the next result. Accept responsibilty, stop betting altogether, and work where the real problem is, in your own thinking. .
An ounce of confidence will always be worth a pound of knowledge and, if you haven’t got it, then that is the nemesis you are actually dealing with and the real issue to work on – before you even contemplate another bet.
Imo, of course!October 29, 2008 at 15:40 #187007“Is it not possible to reduce the monotony of flat racing by specialising, only betting in grades you are interested in?”
I think that is absolutely necessary with the amount of flat racing.
October 29, 2008 at 15:47 #187009Is it not possible to reduce the monotony of flat racing by specialising, only betting in grades you are interested in?
The only way to reduce the monotony of Flat racing is to ignore it completely.
October 30, 2008 at 03:08 #187098I know I’m at an advantage in that I don’t need to win for my living, but I have always found it easier to win on racing that interests me intrinsically
So very very true. If it interests then the retention of knowledge is simply going to be greater. in a strange way you also work harder to get your judgement right in areas you are more committed to
Like Ginger ive cut out certain types of races as a betting medium altogther. Sprint handicaps good example
the one are i struggle with is stopping getting some involvement at times of the year when a watching brief is best. Now being a good example
It’s important not to be bothered, as if you are your normal good behaviour patterns will change and you’ll start doing silly things like chasing. I’d say the single biggest factor in why I’m a better punter than I was 5 or 10 years ago is that losing runs don’t bother me as much
I really like that. Very true indeed
Havent added much here but this excellent thread demonstrates the value of the forum
especially superb advice such as
The only way to reduce the monotony of Flat racing is to ignore it completely.
November 3, 2008 at 22:28 #187770I know I’m at an advantage in that I don’t need to win for my living, but I have always found it easier to win on racing that interests me intrinsically
So very very true. If it interests then the retention of knowledge is simply going to be greater. in a strange way you also work harder to get your judgement right in areas you are more committed to
Definitely. I don’t bang on about ptps / hunters’ chases on these pages out of mere devilment – I enjoy them greatly, I do my homework on them and land many / most of my biggest touches on them. Conversely, I’d have to add my list to those on this thread who barely touch sprint handicaps as a betting medium.
gc
Adoptive father of two. The patron saint of lower-grade fare. A gently critical friend of point-to-pointing. Kindness is a political act.
November 3, 2008 at 23:11 #187776I reckoned you thought a sprint handicap was a pointer with a nasty overreach Grayson’s…
November 3, 2008 at 23:53 #187785Very good, sir, very good!
gc
Adoptive father of two. The patron saint of lower-grade fare. A gently critical friend of point-to-pointing. Kindness is a political act.
November 5, 2008 at 15:57 #188128Nick Mordin provides some stats in the Weekender that might explain the discontent expressed here about the flat.
He reports that the number of handicaps as a percentage of the total number of races has risen from 46% in 2004 to 59% in 2007 – and would any of us be surprised if the figure isn’t higher again this year.
The reason – racecourses need races with a minimum of 8 runners to ensure maximum funding from the Levy Board and centralised race planning was done away with by the OFT ruling in 2004, allowing the courses to decide their own race program.
November 5, 2008 at 16:22 #188131I presume the reduction in the number of Banded / Classified races in the programme has played a small part too?
gc
Adoptive father of two. The patron saint of lower-grade fare. A gently critical friend of point-to-pointing. Kindness is a political act.
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