Punt to Win

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5/7/2014 edition

Is this Creating Horse Racing Betting Value on Short Priced Favourites?

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How often do we hear media anointed horse racing "experts" tell us to take two short priced horses in a double to win because they are both "certainities" to win and by going all up you will "get some value" out of these good things?

It happens often. Far too often.

Worst of all many punters believe it.

Just as they believe you can get "value" out of place betting by going all up with two or three horses each individually paying small dividends for the place.

Searching through our archives we found an example where a number of "experts" gave as their best bet of the day for Caulfield the short priced favourites' running double Innovation Girl into The Mighty Lions.

The claim was that by taking a running double you could "get some value" out of these "good things." That was not correct.

1. If a win bet is no value, then backing it in a double with another no value win bet on the tote does not magically create value. The totes win. They won't give you one cent's worth of extra value from two poor value win bets.

2. All you have done is taken a poor value double - two poor value win bets.

3. Because many tote punters will be doing exactly the same thing you can be guaranteed big unders with your payout.

4. These big unders guarantee that this form of betting is a guaranteed long term losing betting strategy.

5. Innovation Girl won and paid $1.60 on SuperTab. The Mighty Lions was wide throughout and never looked like winning.

6. As a bet of the day it was a dud.

7. Lesson: Taking two short priced tote favourites in a double to "create value" is a very poor value bet and should be avoided.

This edition of Punt to Win:
Horse racing betting value and short odds favourites
The Free Improver 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: 21/6/2014 & 7/6/2014
Free horse racing ratings & betting tips package membership!
Get those betting odds
Betting favourites in small fields: 28/6/2014 & 21/6/2014

Betting favourites in small fields: 14/6/2014
Betting favourites in small fields: 7/6/2014
Best odds for well bet winners - bookmaker or tote?
Betting top weights - horses carrying a weight handicap of 60kg.
Punt to Win 3/5/2014
Punt to Win Index - 2000 to Present

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

On Saturday, 16th. November, our tipster gave followers Missing Page, $15.00 winner and Ninth Legion, $7.00 winner!

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2013 Melbourne Cup Day
Bookmaker Win Dividends

Horse

Get these dividends? Or these bookmaker dividends! Extra Profit $30 bet
Mujadale 15.00 18.70 $111
Bernabeu 10.90 13.00 $63
Chile Express 14.00 16.00 $60
Plucky Belle 15.50 17.30 $54
Oakleigh Girl 5.50 6.50 $30
Richie's Vibe 7.70 8.50 $24
Fiorente 6.90 7.50 $18
Salon Soldier 2.70 3.20 $15
Wistful 4.40 4.80 $12
Moderate 1.90 2.15 $7.50


 

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