Punt to Win
Horse Racing Betting Systems
How is a horse racing system made?
Well I'll tell you how, for a bit of fun, I devised a system that made over 100% profit on turnover. Then with a staking plan designed to fit the results turned a few dollars into over $100,000.
6. Make your system stake 5% or 10% of the bank on each race day no matter how many bets you have. That way, on the days where you only have one or two bets and they win, you clean up because you have big bets on them. Of course we know that sort of staking will probably not work in the future. Imagine having 10% of your bank on a number of losing days where you have that 10% on just one selection which of course loses. Then imagine also betting 10% of your bank on days where you have 10 selections and five win. Those winners will just be staked 1% each of your bank!
Now all I had to do was sell the system, which of course I didn't, because I knew it wouldn't work. Here's how it could have been sold:
7. Punters for years have wanted to see lists of past results, profits and strike rates. You meet their demands. Give your system an attractive name. Supply an exciting list of past winning results with a great strike rate on a nice glossy brochure. Add in your amazing new "special form factor" that you have discovered. Show how a small bank turns into a betting fortune. With any luck you'll watch the dollars roll in that you know you'd never get in the future yourself from using your system.
8. Also, of course, watch your system most likely collapse. But you've made your money. Now it's time to invent another horse racing betting system based on another exciting new "special form factor" and sell it to more punters. Maybe even plenty of the punters who bought your last system will purchase your new system. Punters don't easily give up on the search for that winning money making horse racing system pot of gold at the end of the rainbow.
This edition of Punt to Win:
2006 Melbourne Cup Carnival Winners
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