Punt to Win
Value Horse Racing Betting Tips
Don't follow the herd
To make money at racing you have to bet differently from the majority of punters. Let's face it. Unlike the stockmarket which is a positive sums game, betting on horse racing is very, very much a negative sums game. That means more money is bet on horses than is returned to punters in winnings.
The average punter loses around 10% to 20% on betting turnover. Just think about that. It is not 10% to 20% of a betting bank. It is betting turnover. So if a punter has a betting bank of $2,000 and has $2,000 worth of bets $400 can easily be lost. Have another $2,000 worth of bets and another $400 can be lost.
One way of betting differently from the majority of punters is to look for horses at or near double figure odds which you believe have been incorrectly ignored by most punters.
Assess the horse on:
Look for clues to help you like the jockey, record at the track, distance, conditions, and whether the horse is getting fitter (horses early in their campaign are open to more improvement as they get fitter from racing).
This edition of Punt to Win:
2005 Melbourne Cup Carnival Winners
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