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1/11/2008 edition

Horse Racing Betting Strategies

When big money is bet on a horse is that a winning betting tip straight from the race track? Does it pay for punters to follow the money and expect to win?

When the horse wins, so you can judge for yourself whether you should also "follow the money" horses on the tote over the long term, we have also included the the SuperTab tote dividends. Plenty of tote punters will have collected that tote dividend. Many of them would have "followed the money" on the tote.

Are they getting big enough winning dividends when they "follow the money" on the tote to cover themselves for when "following the tote money loses"?

The jockeys and trainers are also important. You may see some jockeys and trainers consistently bringing home plunges whereas others regularly fail to deliver.

Each week we feature tables showing just how successful the "smart money" was. To qualify a horse must have firmed 5% in the bookmakers' official betting market. For example if a horse was backed in from $5.00 (20%) to $4.00 (25%) it will qualify. You can also check tables of betting odds and what their percentages are at Odds calculator.

Moonee Valley
Cox Plate Day
Saturday, 25th. October, 2008

Horse, jockey
and trainer

Firmed from % Firm SuperTab
Tote
Finish
Due to the tight opening odds, not one horse firmed 5% or more in the bookmakers' betting ring during the 10 horse races at Cox Plate Day.
Rosehill
Saturday, 25th. October, 2008

Horse, jockey
and trainer

Firmed from % Firm SuperTab
Tote
Finish
Silent But Deadly
3.10 2.50 7.74% --- 3/6
Daniel Ganderton (jockey) Kris Lees (trainer)
Humma
8.00 5.50 5.68% --- 7/8
Daniel Ganderton Chris Waller
Shadow Cabinet
7.00 5.00 5.71% --- 12/14
Mitchell Beadman Chris Waller
 

This edition of Punt to Win:
Melbourne Cup betting tips and facts
The Professional Punter's horse racing news
Get those betting odds
The Melbourne Cup horse racing betting system
Horse Watch betting system - future winners
Betting favourites in small fields: Cox Plate Day
Betting favourites in small fields: Caulfield Cup Day
Betting favourites in small fields: Caulfield Guineas Day
Betting favourites in small fields: Epsom Handicap Day
Best odds for well bet winners - bookmaker or tote?
Plunge horses - betting tips from the track: 25/10/2008
Plunge horses - betting tips from the track: 18/10/2008
Plunge horses - betting tips from the track: 11/10/2008 & 4/10/2008
Betting top weights - horses carrying a weight handicap of 59kg.
Future winners - unlucky horses
Punt to Win 4/10/2008
Punt to Win index


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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  Disclaimer: This site covers various aspects of horseracing in Australia. We provide betting tips, online gambling strategy and links to many thoroughbred sites. OZmium Pty Ltd is not responsible for the content of the links and also accepts no liability for financial loss or misadventure caused by the information provided here. We strongly recommend you bet within your budget and only with money you are prepared to risk.