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22/3/2014 edition

Group 1 Horse Racing Results

Common advice given to punters by the horse racing media and in many publications educating punters about betting on horse racing is that the best races are also the best betting races for them. "Bet in the best quality races on very good, consistent horses," punters are regularly told.

Well, let's see if that is yet another betting myth.

So we're checking out the results of Group 1 races.

Do the favourites - usually very good consistent horses, win these races and when they don't win put in good runs? Is there any value when the favourites do win?

Or do the despised outsiders win Group 1 races? Meaning of course that punters are losing their money wagering in these races.

Here are the Group 1 horse racing results from Randwick on Saturday, 15th. March, 2014.
(Where possible registered names have been used for the races.)

Randwick: Track Dead R1 - R5, Good R6 - R9.

R7: $600,000 Randwick Guineas. Group 1. 3YO. Set weights.
Distance: 1600 metres.
Field size: 14
Winner: Dissident
Jockey: Jim Cassidy
Trainer: Peter G. Moody
Bookmaker top fluctuation: $11.00
Bookmaker starting price: $11.00
Best tote: $12.00
Second: El Roca - beaten by 0.1 lengths
Jockey: Hugh Bowman
Trainer: Trent Busuttin & Natalie Young
Bookmaker starting price: $3.20 favourite

R8: $500,000 Canterbury Stakes. Group 1. 3YO and upwards. Weight for Age.
Distance: 1300 metres.
Field size: 10
Winner: Appearance
Jockey: Kerrin McEvoy
Trainer: Guy Walter
Bookmaker top fluctuation: $6.50
Bookmaker starting price: $5.50
Best tote: $5.80
Second: Not Listenin'tome - beaten by 1.3 lengths
Jockey: James McDonald
Trainer: Michael, Wayne & John Hawkes
Bookmaker starting price: $4.40
Favourite: Red Tracer
Finish: 3rd.
Jockey: Nash Rawiller
Trainer: Chris Waller
Bookmaker starting price: $3.40

This edition of Punt to Win:
Sydney horse racing autumn carnival betting tips
The Free Track Winners 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: Randwick Guineas & Canterbury Stakes Day 15/3/2014
Group 1 horse racing results: Newmarket Handicap Day & Chipping Norton Stakes Day 8/3/2014
Group 1 horse racing results: Australian Guineas Day 1/3/2014
Free horse racing ratings & betting tips package membership!
Get those betting odds
Betting favourites in small fields: 15/3/2014 & 8/3/2014

Betting favourites in small fields: 1/3/2014
Best odds for well bet winners - bookmaker or tote?
Betting top weights - horses carrying a weight handicap of 60kg.
Punt to Win 1/3/2014
Punt to Win Index - 2000 to Present

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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