Tag Archives: true representation

On Becoming a Winner

Well it's week two of tent life for me and although you are reading this in August, I am writing it in late July. Let's hope the weather has held up.

This week I'm going to share some words of wisdom on the skills you need to actually make money from betting.

I'm not talking about systems or form reading but instead the mindset and management skills.

I'm sure you will have read somewhere at some time the staggering statistic of the percentage of people that actually make a profit from horse race betting each year.

The figure that I see bandied about is that only 2% of all bettors are consistently profitable.

I have no idea if that's a true representation of the situation and because I get to hang out with a lot of people who make their betting pay I don't really have an idea about what percentage of the total betting public these people make up.

Assuming the numbers are correct then they should really be a wake-up call for anybody that either wants to take up betting or is involved in betting.

As with most things, there's good news and bad news about those statistics. The good news is that if 2% of those people are able to make a profit, it means that it is not impossible. The bad news is that if only 2% can make a profit, it's not going to be that easy.

Now we've all done it, we see those figures, and we let it drift over our head and think “I'm different, that won’t happens to me, I'll be one of those 2% people”. We have a go at betting and low and behold we realise that in fact we are not in the 2% but are actually one of the 98%.

This week I'm going to share what I consider the golden rules for making your betting pay.

Starting today with – Determine Your Betting Goals

In life, those that have vision, and map out the process of how they want to get from point A to point B stand more of chance of getting there successfully than those that don’t map out this process.

With betting, if you wander aimlessly trying this trying that, then you are sure to end up with a losing bank.

To operate betting without a vision will ensure that you remain one of those 98% of bettors that are not profitable.

Here is an example of a realistic betting vision: –

1 – I will research and find five systems or tipsters that have a good long-term historical strike rate.

2 – I will set aside a £1000 bank, and will set up and implement staking and strategy to protect that bank.

3 – I will implement sensible staking, and operate non-aggressive staking plans to maximise my profits potential.

4 – I plan to increase my bank by 100% in the first 12 months, and this will be achieved by following my profit strategy.

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My thanks go to the Betting Insiders Club who inspired this weeks posts – Find out more about the Betting Insiders Club at http://bettinginsiders.com

Todays Selection courtesy of the Betting Insiders Club

Saturday’s selection Slip Of The Tongue (adv EW 11/2) thankfully read the script and having made the running went clear with the jockey looking round over 1f out, winning unchallenged after being backed into 9/4!

For today we are taking a punt on a juvenile making its debut in Nursery Handicaps after 3 runs in maiden races. The trainer Ed Mahon has a 21% winning SR in these types of races over the last 5 years and also there are reasons on breeding that Kopkap may have more to offer now switching to handicaps off a mark of 55.

Kopkap (1430 Wolv) 10/1 EW – PaddyPower/Stan James/Ladbrokes

RP is not the Only Show in Town

We are creatures of habit and it is easy to miss out on profits through doing just what we've always done.

There was a time when the Racing Post site was the only place to study form online and that's where I spent all my time.

But now their free offering is  no longer the best.

Today I want to persuade you to do your form study over at the Timeform site, and tomorrow we will look at some things to look at at Timeform that can help us to find profit!

Since their recent update the Timeform interface is more straightforward and is a delight to use.

How many times have you looked at the betting forecast on the Racing Post website and then hopped over to Betfair only to find the runners arranged completely differently.

Ok there are times when they are similar, but the live prices are a true representation of which horses are being supported and those which are friendless.

Now we all know that this information alone is not the license to print money some would lead us to believe, but the fact that everything is in one place really does give us an instant overview of lots of inter connecting racing data.

Let's look at some ways we can save time with Timeform.

Open the Timeform homepage in another window – Click Here

Here you will find

1. Homepage – From here you can access all the days racing action.

2. Cards & Results – Access race cards & results for up to five days.

3. Form – Search the form of 10,000 horses, 20,000 jockeys and 5,000 trainers in UK, Ireland and US.

4. Detailed Race Cards – This opens up an overview of the days races in timed order. Simply click on any race time to view the betting forecast, form and live prices for that race (refer to screenshot 3 and 4).

5. Rapid Results Service – Up to the minute racing results.

6. Horse, Jockey, Trainer – Data mining feature which allows you to search the form of 10,000 horses, 20,000 jockeys and 5,000 trainers in UK, Ireland and US. To use this select the relevant tab and type in the horse, jockey or trainer you wish to research and hit go (refer to screenshot 2).

This extremely useful feature can help you profile horses, jockeys or trainers. Many commercially available software products charge for these kind of data mining features, thankfully these are free

7. Starting Soon – The most current races of the day.

8. First race of the day in the UK

To profile Horses, Jockeys or Trainers, select the appropriate tab, type in a name and click Go

To view a race card with form and latest prices click the Cards & Results tab and click on any race time.

 

Once you're on a racecard you have all the info you need…

1. You have the Timeform selections for the race
2. And the race analysis
3. Tick these boxes to get the Comments , Recent Form and Pedigree for each horse
4. And now you have All the runner details including comments and recent form. If you click on the horse name you will go to the full lifetime form for the horse.
5. Over to the right we have course info
6. Top Course Jockeys
7. And Top Course Trainers

Tomorrow we'll look at some methods to fastrack your form study.

Todays Tip

Wetherby 14.35 King of the Celts –  each way  (Result 3rd 11/2)

 

Credit

 

 

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