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23/5/2015 edition

Group 1 Horse Racing Results

Common advice given to punters by the horse racing media and in many publications educating punters about betting on horse racing is that the best races are also the best betting races for them. "Bet in the best quality races on very good, consistent horses," punters are regularly told.

Well, let's see if that is yet another betting myth.

So we're checking out the results of Group 1 races.

Do the favourites - usually very good consistent horses, win these races and when they don't win put in good runs? Is there any value when the favourites do win?

Or do the despised outsiders win Group 1 races? Meaning of course that punters are losing their money wagering in these races.

Here is the Group 1 horse racing result from Morphettville on Saturday, 16th. May, 2015.
(Where possible registered names have been used for the races.)

Morphettville: Track Good.

R7: $500,000 Goodwood Handicap. Group 1. 3YO & UP. Set weights and penalties.
Distance: 1200 metres.
Field size: 17
Winner: Flamberge
Jockey: Vlad Duric
Trainer: Peter G. Moody
Bookmaker top fluctuation: $31.00
Bookmaker starting price: $21.00
Best tote: $21.90
Second: Lord Of The Sky - beaten by 0.7 lengths
Jockey: Damien Oliver
Trainer: Robbie Laing
Bookmaker starting price: $9.00
Favourite: Black Heart Bart
Finish: 4th.
Jockey: Glenn Smith
Trainer: Vaughn Sigley
Bookmaker starting price: $4.60 favourite

This edition of Punt to Win:
Winning money long term betting on horse racing
The Free Wide Barrier Winners at Big Odds 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
Group 1 horse racing results: Goodwood Handicap - 16/5/2015
Group 1 horse racing results: Doomben Cup & South Australian Derby - 9/5/2015
Group 1 horse racing results: Australasian Oaks & Robert Sangster Stakes - 2/5/2015
Free horse racing Top Four Ratings & betting tips membership package!
Get those betting odds
Betting horse racing favourites in small fields: 16/5/2015, 9/5/2015 & 2/5/2015
Best odds for well bet winners - bookmaker or tote?
 Betting top weights - horses carrying a weight handicap of 60kg.
 Punt to Win 2/5/2015
Punt to Win Index - 2000 to Present

You Need Top Odds

It's unlikely you'll get a high enough strike rate backing short priced tote favourites and poor value tote horses to make up for big unders on the tote. Especially in Sydney and Melbourne metropolitan racing on Saturdays.

If you regularly get poor odds you increase your chances of losing money.

It's very unlikely you'll make a long term profit by consistently backing short priced tote favourites.

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