sports betting.
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Punt to Win |
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24/5/2002 edition Value Betting To get successful betting results over the long term you must obtain value. That also means being prepared to not back plenty of selections because the odds are just not there. Sure you will miss some winners, but because you are getting below the true winning chances, the losers will more than wipe out any profits made from backing the winners. Recently we had some feedback which went along the lines: ".. it annoys me when you continually pick on a short price horse that gets rolled and you say it didn't come into your ratings price range and you should feel good that you didn't back it. That is negative, negative. ...you should be telling us of the overlay winners you got... That is positive, positive." We don't regard it as negative to point out how money is being saved by not backing poor value horses. That is how professionals are successful. They do not pick a selection and back it at any price. If the horse is below the minimum odds they see as fair value they are prepared to leave it alone. Our specials had another huge Saturday. In our news we listed the bets we had when our value odds were obtained. It would hardly have been negative to add that we liked Provokes at Rosehill but wanted $4.00 and were not interested in backing it at $2.70 so saved our money. Similarly, it would not have been negative to add that we liked Royal Guardian at Caulfield but wanted $6.00 and were not interested in backing it at $3.80 so saved our money. That's exactly what smart betting is all about. This edition of Punt to Win: Back Tote Longshots?
You Need Top Odds It
is just about impossible to get a high enough
strike rate backing short priced tote favourites
and the poor value tote horses to make up for
the big unders on the tote. Short
priced tote favourites Specials |
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| Disclaimer: This site covers various aspects of horseracing in Australia. We provide betting tips, online gambling strategy and links to many thoroughbred sites. OZmium Pty Ltd is not responsible for the content of the links and also accepts no liability for financial loss or misadventure caused by the information provided here. We strongly recommend you bet within your budget and only with money you are prepared to risk. | |||
