14/9/2001 edition

Horse Racing Betting Strategy

This horse is ready to win at odds

Classy three year old gelding, Excellerator started his racing career with a huge bang. He won his first start, a Listed race for 2YO Colts and Geldings in October last year by nearly five lengths at odds of $13.00! He then went on to win his next four races and rapidly became a media hype horse.

The result has been consistently short odds about him. He has now been a beaten favourite at his last six starts, and was odds on in two of them. He started at $1.20 when he lost the first of those six races.

Despite the poor odds on offer about him, he has still been racing well and has placed in five of those losing races, all at Group level. He simply is not the super horse that he was made out to be. But he is still a very smart, honest galloper.

We liked him last Saturday, and were prepared to put a big bet on him. But not at $2.10. We wanted a much more realistic price at $2.80 and so left the horse alone. But he still ran a good race in 3YO Group 2 company and finished second. He still finished in front of nine other horses.

It's just possible that some very generous odds could be on offer about Excellerator shortly as punters decide to jump the band wagon. That's when he will probably win. He has been racing well and if he continues to race so honestly his turn will surely come in the very competitive fields that he has been racing against.

Money back the place

Talking about Excellerator, place punters on the Queensland tote can justifiably feel cheated. For every one dollar they bet on Excellerator to finish in a place (in the first three in the 11 horse field), they received exactly one dollar money back when they "won" and Excellerator finished second. They received not one cent in profit for a winning bet.

But the Queensland tote would have taken their money and kept it if Excellerator had finished fourth. You can be guaranteed about that. As we have repeatedly said on this site, to return only money back for a winning bet but be prepared to take the bet if it loses is not ethical. Those punters are on a hiding to nothing.

The sooner Governments legislate to outlaw that practice, the better. What about the fractions that are rounded down and rightfully belong to tote punters? Surely some of that money kept by the totes could be used to always ensure that a winning bet, accepted by the tote, always returns a profit and not just money back.

Next pages
Future winners at big odds
Spring horses to follow
Trifectas - another winning betting strategy
Amazing form reversal - note the trainer
Betting strategy - how to select big winners
Outstanding win - and more wins to come
Watch this jockey's rides and make money

Top Odds Are Important

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