22/4/2006 edition

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:
1. What you believe the horse is capable of doing.
2. Ask yourself, "What is the likelihood of the horse performing to that level in the coming race?"

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:
How to find value betting odds
The best horse racing tipping service on the internet
Get those betting odds
The Value Winner horse racing betting system
Be a winning punter on Slow and Heavy tracks
Horse Watch betting system - future winners
Betting favourites in small fields
Best odds for well bet winners - bookmaker or tote?
Betting tips from the track: Randwick Australian Derby Day & Caulfield
Racing results for horses carrying a weight handicap of 59kg.
Future winners - unlucky horses
Punt to Win 15/4/2006
Punt to Win index

2005 Melbourne Cup Carnival Winners
Best Tote Odds?

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