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Punt to Win |
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31/12/2013 edition How to Become a Winning Horse Racing Punter Subscribe to the free Pro-Punter Newsletter for: How often, as the horses are moving into the barriers for their race have we heard the race caller say something like: "There's been a big go here on course. It's heavily backed on track. The biggest go all day, there's no doubt." Let us say this heavily backed horse was plunged from $4.50 to start a short priced $3.00 favourite. Sometimes we see heavily backed horses on track comfortably win their race. However, more often than not the horse fails to win! But when the heavily plunged horse occasionally wins we regularly hear comments from race callers congratulating themselves, like: "Have a look at the totes. $2.80, $2.70 and $2.60. Now that was $3.40 when we last updated and I got that message hopefully in time for some of you to follow the course money. That was a very, very big go and it won like a good thing." Please Note: Long term winning punters do not back plunged betting ring horses on the tote or online at dollars below the odds that were earlier available in the bookmaker betting ring or earlier available on the online betting exchange. Suppose these selections plunged from $4.50 to $3.00 win 30% of the time. At $3.00, your punter taking the lowest, plunged odds will be showing a 10% loss on turnover. But your smart punter who got the $4.50 top odds from the bookmaker betting ring or betting exchange will be showing an excellent profit of 35% on turnover! Remember all the hype about shares leading into the 1987 stock market crash? Horses' odds are no different. Taking the shortest odds about plunged horses is just like buying shares at the peak of a stock market boom. In our opinion the correct advice race callers should give their listeners is: "There's been a very big go on this horse at the track. There's absolutely no point now rushing to place a bet. You have missed the best odds and will get big unders. If make these types of wagers you will lose your money over the long term.." This edition of Punt to Win: 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!! Subscribe to the free Pro-Punter Newsletter for: 2013 Melbourne Cup Day
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