|Horse racing and
Punt to Win
Earning Money Betting on First Fours
Have a look at the first four dividend payouts from the totes. You will find plenty of dividends in excess of $10,000.
As many first four punters do not accurately bet and stake first fours it is possible to take advanatge of this to increase your chances of making a profit.
Without the time or ability to correctly analyse form, their betting is based upon looking at the tote approximates and then aiming to collect from that race. So theese punters' betting is based around the most favoured horses on the tote.
That method is doomed to lose.
Despite the significant tote take, money can be made betting on first fours. With flexi betting you do not have to outlay a fortune to cover the right combinations.
If you take one horse to win with seven horses for second and 11 horses for third and fourth with one dollar units your outlay would be $630. But with flexi betting you can get 10% of the collect for an outlay of $63 or 5% of the collect for an outlay of $31.50.
You can also take one horse as a banker to finish first, second, third or fourth with those same seven horses to win or come second and the 11 horses for third and fourth. The outlay will be multiplied by four.
The keys to making money betting on first fours are:
1. Race selection - most races of 10 horses or less
are no good for first four betting.
Some of the best races to bet in are fields of 13 to 15 runners with the favourite at around $4.00 to $5.00. If you find the winner with a few roughies in your first four you'll be laughing.
This edition of Punt to Win:
2006 Melbourne Cup Carnival Winners
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