Punt to Win
Horse Racing Betting Trap for Punters
What a betting trap for punters!
Smart punters need to occasionally remind themselves that it is they who decide what horse to back, what odds to accept, where to bet it and how much to stake. So there is nothing better than looking at the Randwick horse racing meeting held on Saturday, 23rd. June. It was an absolute trap meeting for punters.
1. The previous two Saturday meetings had been abandoned without a race being run due to the state of the track. This meant many Saturday class horses had missed out on a scheduled run and there were added race fitness queries.
2. We had a very Heavy track.
3. To give punters an even better chance of losing their money there were ten races scheduled instead of the normal eight or nine!
Only $2.70 favourite Cravings, which was backed in from $3.00 on track, won. Tote punters got as low as $2.10. No wonder one state only social tote punters stand little chance of even breaking anywhere near even backing short priced favourites.
How did the other favourites go?
1. Easy Step $4.40 3/8
What a sorry tale. It should be quite apparent that taking short odds on that Saturday was inviting disaster.
The day was topped off for punters with these winners in the last two races:
The big advantage punters have is deciding when to bet and what odds to take. There is nothing wrong with leaving most races or even the entire horse race meeting alone.
Because that is what successful punters who make money over the long term do.
When the races become too challenging smart punters don't insist on "having a go". When the odds on horses they like become too short smart punters don't take them for fear of missing a winning bet. Because they know that over the long term taking those poor odds will lose money.
Plenty of punters decided to take on the ten races at Randwick on that Saturday, because "there has to be a winner in each race." Most were badly out of pocket as a result.
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