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19/11/2004 edition

Winning Betting Odds

Odds, odds and more odds

Punting is very much a fine margins game. You can win or lose a fortune by the bob of a head. A split second decision by a jockey can mean the difference between a horse getting a run or missing out, running on strongly for second or getting up on the line and winning.

Similarly with the odds you get. For a chance of long term success getting top odds is essential. But simply taking a top fluctuation bet without being able to give a minimum price means you do not have control of your betting and leave yourself open to getting very poor value. In many markets the top odds of every horse is poor value because the markets are well over 100%. You must get what you consider to be a value price.

There were plenty of tote punters who felt quite pleased with themselves cheering home Grandazz at Rosehill last week. On SuperTab they collected $3.90 for the win. Compare that with freely available top betting ring odds of $6.00. Honestly, those tote punters weren't in the race.

At level stakes backing a winner like Grandazz once in every five bets will return a profit on turnover of 20% for the punters who got $6.00. For the punters who got $3.90 backing a winner like that once in every five bets will return a loss of 22% on turnover. That is absolutely amazing. Same selections. Same bets. Different odds. Some punters will return a solid profit while others will be showing hefty losses.

Backing good selections will not return a profit if any old price is obtained. The odds you obtain about the selections are just about as important as the selections themselves.

This edition of Punt to Win:
Form analysis and betting strategies - unraced horses
Get those betting odds
Why your odds are nearly as important as the horse you bet
Betting favourites in small fields
Betting tips from the track - Rosehill and Sandown
Handicapping tips - weight and class
Future winners - unlucky horses
Punt to Win 12/11/2004
Punt to Win index


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Best Tote Odds?

Horse

Get these prices? Or these prices!! Extra Profit $10 bet
Caffe Francais 16.30 26.40 $101
Banned 11.10 18.05 $69
Connoisseur 7.10 12.00 $49
Squad 5.70 10.65 $49


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