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8/6/2013 edition

The OZmium Horse Racing and Sports Betting Forum
Winning Horse Racing Betting and System Tips

Our OZmium horse racing and sports betting forum has a wealth of quality information to help you win more money. All you have to do is search through the Forum threads to find numerous betting advice gems.

Here are some worthwhile betting tips and ways to start and monitor your own betting system that were posted 11 years ago, in 2002.

"A few ideas:

# If you believe that you can maintain a strike rate above 80%, then place betting may be the way to go. If you can't see this happening then you should look at win betting.

# If you bet for a win, it all depends on your average dividend as to a required strike rate. My method is aimed at a strike rate above 30% and average dividend of at least $4. That equates to 120%, or profit on turnover of 20%+...

# With stats based systems, in my experience you need to construct one that has a set of rules that are not too rigid individually, but combined are powerful. By that I mean, if you have rigid rules they will knock out too many winners and you'll be left with hardly any good priced bets.

For every criteria such as last start position, I use two or three moderate rules which combined are powerful, but individually aren't too daunting for horses to achieve.

# When trialling, only trial on "paper" for a short period. The reason is, unless you place real money on selections you won't get a proper idea on how accurate the system is. That's because when you have marginal selections, one can cheat a little and include marginal winners, and exclude marginal losers. You'll have some horses which are on the border of being selections and you won't know whether to include them or not.

But if you have to place real money on them, your results will be clear cut. I'd suggest placing small bets at the beginning, say $1/race. So if your system doesn't work too well, it doesn't matter much. If your system shows promise, then start increasing your bets, steadily.

But don't go from betting $1/race to $50/race in a week, unless you can afford it, cause many systems have bad weeks and you don't want to give away a few hundred dollars straight away.

# "Don't take it too seriously - have fun with your method. Horse racing can throw up some odd results at times which defy explanation, so don't get too serious otherwise you'll start going mad when you have a bad week or two. There is nothing worse then spending countless hours working out your selections/method and have it fall in a heap on race day. I'd suggest don't spend any more than two hours doing selections each race day. If it takes longer, you're system needs to be improved.

# Review your method regularly - don't make drastic changes if you have one bad week though. But you should review results and see if any minor modifications need to be made.

# Banks - you can operate just the one bank and still have multiple bet types, just keep accurate records on your computer as to which bet types are performing best.

# Field size - depends on your approach. My system works best on fields on 9-16. However, if you're betting for a place or betting on horses above 10/1 then fields of 17-20 can be profitable as you will receive good divs. - the Falvelon example was a good place bet, but a poor win bet in a field like that. Don't accept under 10/1 in large fields if win betting, unless we are talking Sunline running against backmarkers. I also wouldn't accept place divs. below $2.50 in large fields."

Posted in the OZmium horse racing and sports betting forum by Chief on June 25, 2002.

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This edition of Punt to Win:
The OZmium Horse Racing Forum winning racing and betting system tips
The best new clients wagering packages - NAME YOUR bookie or betting agency!!
The Free Bolters 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: 1/6/2013
Group 1 horse racing results: 25/5/2013
Group 1 horse racing results: 18/5/2013
Free horse racing betting tips package membership!
Get those betting odds
Betting favourites in small fields: 1/6/2013, 25/5/2013 & 18/5/2013

Best odds for well bet winners - bookmaker or tote?
Betting top weights - horses carrying a weight handicap of 60kg.
Punt to Win 18/5/2013
Punt to Win Index - 2000 to Present

2012 Melbourne Cup Day
Bookmaker Win Dividends


Get these dividends? Or these bookmaker dividends! Extra Profit $30 bet
Koonoomoo 22.70 31.00 $249
Kasane 26.00 28.70 $81
Green Moon 20.00 22.50 $75
Mahisara 10.20 12.40 $66
Walk With Attitude 6.50 8.50 $60
Verdant 6.60 7.50 $27
Eclair Surprise 9.50 10.30 $24
Villa Verde 3.00 3.80 $24
Genteel 3.70 4.00 $9
Unpretentious 3.90 4.20 $9


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