18/1/2014 edition

How to Become a Winning Horse Racing Punter

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Ignore betting advice that is plain wrong.

Some time ago we heard a horse racing media commentator say:

"So, the last couple of races punters have been well and truly on top but you've had to accept fairly short odds about both winning favourites. At least we've got a bit of a bank for the remainder of the day."

1. "So, the last couple of races punters have been well and truly on top..."

The horse racing media commentator made these comments about the tote prices. He forgot to tell us that punters are never "well and truly on top" of the tote. We all know the tote never loses so it is impossible for punters to be on top.

2. "...you've had to accept fairly short odds..."

What a load of rubbish. We didn't feel that we "had to accept" short tote win odds of $1.30 and $1.50 about the two winning favourites. How can you possibly say that punters backing winners at those short odds are "well and truly on top"?

Sensible bettors NEVER, we repeat, NEVER have to accept any odds they consider are too short. That is poor value betting and the way to the punting poor house. Sensible bettors decide if the odds are value. Only when the odds are value do sensible bettors place a bet.

3. "...At least we've got a bit of a bank for the remainder of the day."

Again, what a load of rubbish.

Sensible punters do not start the day's betting with the aim of backing a few winners early so they have a betting bank. Sensible punters do not place bets on odds on tote favourites at the start of a betting day to try and build a betting bank for the rest of the day. They know that a very conservative betting bank needs to be in place before the day starts. All sensible punters also know that future bets on any betting day should never be dependent on backing a few winners early.

The horse racing media commentator should have said::

"Punters who took the very poor tote win odds of $1.30 and $1.50 about the last two favourites can consider themselves very lucky to have made a profit. If they keep taking those sorts of tote odds they'll end up losing."

4. Twenty minutes later when a short priced favourite finished fourth at we were told it was a "victim of the second up hoodoo."

Again, punting nonsense. The "second up hoodoo" is superstitious nonsense. It is not supported by facts. There is no such thing as a "second up hoodoo." Most horses are improved by their first up runs and will perform at a higher rating level second up.

This edition of Punt to Win:
How to become a winning horse racing punter
The Free Beat the Favourite quinella horse racing betting system
The Professional Punter's horse racing news
Horse racing form analysis and betting system tips
Horse Watch betting system - future winners
Free horse racing betting tips package membership!
Get those betting odds
Betting favourites in small fields: 11/1/2014 & 4/1/2014
Betting favourites in small fields: 28/12/2013 & 21/12/2013
Betting favourites in small fields: 14/12/2013
Best odds for well bet winners - bookmaker or tote?
Betting top weights - horses carrying a weight handicap of 60kg.
Punt to Win 31/12/2013
Punt to Win Index - 2000 to Present

On Saturday, 23rd. November, our tipster First By A Nose tipped Padrino, a $51.00 winner and the Free Ratings found a $19,048.40 First Four at Eagle Farm!!

On Saturday, 16th. November, First By A Nose tipped Missing Page, $15.00 winner and Ninth Legion, $7.00 winner!

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