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Punt to Win |
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14/6/2002 edition Follow these Tipsters? We acknowledge the racing media provides an excellent coverage of racing. However it may well pay to treat racing media tipsters purely as entertainers. Have a think about that, for this is what we heard recently: 1. One tipster said: "The stable is doing very well. I'm backing trainers now rather than horses because the horses have been letting me down." At least he was honest enough with that admission of failure. Should you be wary of tips from someone who says that? Would an expert say that? You can only know that a stable has been "doing very well" after the event - usually an above average run of winners. It's the cliched "mug punter" who then starts backing that stable's horses, more often than not at poor odds and just as a prolonged losing run is about to hit. 2. An average 4YO gelding was highly tipped. You'd expect a logical reason based on form to be given. Well here it is: "...because for some strange reason I've developed an affinity for it." I don't think we need to comment on whether that is a good reason or not for a racing media tipster to tip us a selection. One of the most important investment rules is to never fall in love with your investments. Similarly with betting on horses: never fall in love with a horse (or develop "an affinity" for one.) That will most likely seriously disadvantage your selections, your betting and your wallet. It's worth recording any tipster's selections and the reasons given why the "horse will win" and then listening to them again after you know the race results. You then see everything they say from a much better perspective. It's also quite entertaining. This edition of Punt to Win: You Need Top Odds It
is just about impossible to get a high enough
strike rate backing short priced tote favourites
and the poor value tote horses to make up for
the big unders on the tote. Short
priced tote favourites
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