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13/8/2004 edition

Randwick Horse Racing Track
Betting Tips from the Track
Plunge Horses
Money Talks?

Each week we will feature tables showing just how successful the "smart money" was. To qualify a horse must have firmed 5% in the betting market. For example if a horse was backed in from $5.00 (4/1 or 20%) to $4.00 (3/1 or 25%) it will qualify. Odds calculator gives you tables.

When the horse wins, so you can judge for yourself how sensible or otherwise it is over the long term to "follow the money" on the tote, we will also include as an example the the SuperTab tote dividend. Plenty of tote punters will have collected that tote dividend. Most of them would have "followed the money" on the tote.

Are they getting big enough winning dividends when they "follow the money" on the tote to cover themselves for when "following the tote money loses"?

The jockeys and trainers are also important. You may see some jockeys and trainers consistently bringing home plunges whereas others regularly fail to deliver.

Randwick, Saturday, 7th. August, 2004

Horse, jockey
and trainer

Firmed from % Firm SuperTab
Tote
Finish Beaten/winning margin
Fair Embrace
8.00
5.00
7.50%
-
4/11
2.9 lengths
Con Karakatsanis (jockey)
Graeme Rogerson (trainer)
 

You Need Top Odds

It's unlikely you'll get a high enough strike rate backing short priced tote favourites and poor value tote horses to make up for big unders on the tote. Especially in Sydney and Melbourne metropolitan racing on Saturdays.

If you regularly get poor odds you increase your chances of losing money.

It's very unlikely you'll make a long term profit by consistently backing short priced tote favourites.


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