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Back the 1st second clear favourite each way with firm A.
If that gets placed or wins invest the stake and winnings on the next second fav to win and to get placed with firm B.
If there are more 8 runner races invest any winnings and the stake with firm C.So you are looking for each way doubles all the time and backing the clear second favourite to win and to get placed.
Seagull
I don’t think that this will worth in the method you describe above. If Horse A is placed (at say 5/2), you must then split the returns and place another each-way bet on Horse B (also at 5/2). If Horse B is only placed, then you will actually lose money on the day. The beauty of your each-way double system is that the place double will still make a profit even if each horse is only 5/2.
Unless I am reading this wrong.
Very interesting and informative thread, especially for a 21 year old like me who’s constantly wanting to learn about gambling. I don’t have aspirations to be a professional punter, but aim to make a good income from betting and have achieved that this year. Advice I’ve taken into account is having singles bets. I also aim to start recording bets; analysing where you’ve won and lost money can only be a positive step when attempting to make money from gambling. I also agree that watching as much racing as possible is key, the formbook only goes so far. The best analysis is with your own eyes.
Find a method which suits you. Not everyone is the same.
Temperament and patience are important. You do not need to bet everyday. It is not compulsory.
Set aside a betting bank.
Never bet beyond your means.
Try not to let your heart rule your head when placing a bet.
Stick mainly to win only single bets.
Never chase loses.
Yes, bet odds on – it’s silly not to !I probably go against the grain on this, but I generally steer clear of competitive handicaps (they’re a lottery).
and finally… there IS such a thing as a certainty, despite what the bloke in the pub says.
Gambling Only Pays When You're Winning
Whilst I strongly agree with generally sticking to single bets, there is one exception to the rule.
Don’t ignore the Tote, in particular the exacta, if there are two, three or even four you strongly fancy in the race.
It is a bet I often play and you can get some excellent returns, especially in big handicaps. More often than not it will give a better return than the CSF.
if any one is interested in alan potts book called .AGAINST THE CROWD.go to google book search and you can find samples of the book(pages) .and he also has shares in four horses.trained by pat murphy.they are .IMPROMPTU,POWER SHARED,SALUTE,SUN CATCHEL, may be of some interest to you all (trouble)
no you woulnd carf a bit before your time.goes to show we dont always know everything.well i dont and i been around a long time
CH,
It’s no fun is it, if the fish throw themselves onto the river bank before you’ve even got your hook baited?
AP
Yes I’ve always wondered if AP was going to write another book or two at some stage?
One or two good posts here, paticularly about making tissue prices.
Although there has been talk about value in the 7 pages (sometimes false value), why no talk about the table of odds and chances?
Essential for anyone wanting to turn pro, as Dave Nevison found out. When he was told about it by Eddie Freemantle.
But then again, most punters do not want to know the truth. So I’d better not go on.
Ginge
Value Is Everythinggreat post
this has more of an advice line than pro punter feel about it and some brilliant rules and plans to follow
i am your basic punter who enjoys having a punt on almost everything
finding it hard to watch any sporting event without some kind of betting interest.for 22 years i have kept records of every single bet and can tell you last year due mainly to a £4,000 payout for £60 stake was my only winning year.
ok before you start shouting mug etc overall loss in them 22 years is £33,000 which is around £1,500 a year that is every single bet which can total to £40,000 laid out per year.
it sounds alot but when you keep a record you will be surprised.
now back to the topic,each year i have made a profit when taking a professional view of group 1 and group 2 flat races 3yo + spending around 1-2 hours per race using a computer and speed and official ratings.
the point i am trying to make if you have the decipline and dedecation
consentrating on one type you properly will make a go of it.
but for me i enjoy gambling too much to take it that seriously.For those who enjoy "gambling" there is nothing wrong with that, gamblers probably enjoy their racing as much, or more than those who like "investing".
I myself do not enjoy "gambling", I like to "invest", though I enjoy racing without a bet.
For myself, there is no fun in winning money now and again, if I do not make an over all profit. Wish I did enjoy "gambling", but I don’t.
I think you have to be a certain type of person to have the patience to study form and wait for the value price, to be a pro. I enjoy studying form and pitting my wits against the other exchange players or bookmakers.
Ginge
Ginge
Value Is Everything
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