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8/2/2002 edition

Betting Myths

2. It's best to stop betting for the day when bad luck strikes

At Moonee Valley on Saturday in the fourth race of the day, a 3YO Open over 1519 metres, $9.00 chance Careyes had, depending on your point of view, some bad luck.

The colt missed the start and in a fighting finished shied and dislodged jockey Steven Vella centimetres before the finishing line. As a result, stewards deemed that Careyes had failed to finish the race.

The Herald Sun's Shane Templeton, in his column "The Pocket Talking", Monday, February 4, 2002, gave his readers a punting "lesson":

"If you are involved in a Careyes-type debacle, accept that this is not your day and stop punting."

We assume that these punting lessons are not given tongue in cheek by Templeton. They are seriously meant to help the punter. So all we have to say is that sensible punters are not superstitious.


3. Follow the market for the unraced horses

That does not make you money long term.

For example, the first 2YO race at Flemington last Sunday was won by the unraced It's Who Deanie - $29.30. Then an hour later the 2YO Listed race was won by the unraced Took A Chance $99.90.

Next pages
Control your betting - odds, odds, odds
Form analysis - watch out for this
Trainers' "good things"
Money talks
Future winners at big odds
Membership information


Warning
Short Priced Tote Favourites

These are losing bets.
Look at the table below and see the percentages lost backing short priced tote favourites compared with the top official bookmaker betting ring prices.

It is just about impossible to get a high enough strike rate backing short priced tote favourites to make up for the big unders on the tote.
If you regularly get poor odds you must lose.

Did you back any of these winners recently?
If you did, see the minimum prices you should have received.
Make sure you do!

Horse

Get these prices? Or these prices!! Extra percentage won Extra Profit $100 bet
Hello Boys 4.10 6.00 61% $190
Ugachaka 3.20 5.00 82% $180
Karla Keys 2.40 3.50 79% $110
Spillway 2.60 3.30 44% $70


Back Tote Longshots?

Horse

Get these prices? Or these prices!! Extra Profit $100 bet
Magic Marvo 28.50 51.90 $2340
Betrille 39.30 49.30 $1000
Ancient Song
21.20
25.80
$460
Squirtle
8.70
10.70
$200


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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.