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7/6/2002 edition

Betting:
Look at the Big Picture

"Hi Everyone,
I'd like to share with you a little insight into punting's big picture - or how to view betting performances. When I was a young teenager, my Uncle Freddy would take me to Caulfield races at a time when Scotch And Dry (the horse, not the drink) was exciting the crowd with its front-running tearaway style and Sobar was impressing with its class.

Uncle Freddy was a hard-nosed punter but a generous philosopher who would give free advice to anyone who'd care to listen (or anyone he could corner!) His "proverbs" were many but the ones I can remember include: " A bet is not a bet, kiddo. A hundred bets is a bet! " That was his way of saying look at the much longer term to gain a useful idea of how you're tipping or progressing in the racing game. He would also say: " It's only half a sentence. It's not the whole flamin' book! " I think that meant the same thing.

One of his most memorable sayings, that has always held me in good stead - whether in punting or in business or in life - was this one: " Never get discouraged and never get misled over anything that's instant. There's a heck of a lot of instances in anything worthwhile. "

Uncle Freddy also had a great understanding of human conflict and how futile it is. He often said to folk: " Horses win races. Nobody wins arguments! " My Uncle Freddy is no longer with us, but his legacy is a wealth of understanding. He was a punter with passion. And he was a punter with perspective. I reckon that's what it's all about really.

I write this little message in his honour, as I'm sure he would have loved to contribute those thoughts to his fellow punters here. Thanks for reading and cheers to all.
OneBet."

Posted by "OneBet" on May 31. Our horse racing forum is very popular with punters. It is active, full of great discussion and betting tips every day.

This edition of Punt to Win:
Betting tips after longshots win at Eagle Farm
Betting - wise words from "Uncle Freddy"
Betting myths
Betting fluctuations explained
Money talks - Rosehill and Sandown plunge horses
Future winners - unlucky horses
Punt to Win 31/5/2002
Punt to Win index


Betting packages


You Need Top Odds

It is just about impossible to get a high enough strike rate backing short priced tote favourites and the poor value tote horses to make up for the big unders on the tote.

If you regularly get poor odds you must lose.

Short priced tote favourites
are losing bets.

Horse

Get these prices? Or these prices!! Extra percentage won Extra Profit $100 bet
Outlaws
5.30 8.00 63% $270
Cariboo
5.70 7.50 38% $180
Lovely Jubly
2.40 3.00 43% $60


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