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29/8/2003 edition

Horse Racing Betting Systems

Continued from previous page

1. Don't automatically assume anyone will give away for a few dollars a method they really believe will make substantial profits in the future.

2.
Don't automatically assume that marketed racing systems will produce future profits that resemble past results. Many will lose, and some will lose heavily.

3.
All racing systems appear have one big failing - they cannot properly take account of the individuality of each race and they cannot satisfactorily take into account the other horses that the system horse is running against.

4.
To win at horse racing you need to develop an excellent understanding of form analysis. This is a skill, just like accountants, lawyers, teachers, artists, authors and others all require different skills to succeed.

5. It also hit home that it was possible, no matter how much one tries, to be unable to develop good horse racing form analysis skills. It's just like some students, no matter how much they try, calculus and applied maths will not make sense, while they are able to coherently write about and discuss history or English literature. It's just like some people will not be able to develop the skills needed to be a lawyer or a good school teacher or a portrait artist and so on.

6.
I realised that if I was unable to develop the skills necessary to win at horse racing then I had three main alternatives:
a) Stop betting
b) Substantially reduce the size of all my bets so that I could enjoy racing purely as an entertainment and social experience and that money lost was nothing more than entertainment expenses.
c) Find a reputable ratings/tipping service.

Fortunately, after many hours of hard work, I was able to successfully develop my own form analysis skills. During this process I also came to realise that for years I had been led the wrong way by many in the horse racing media. When I was a novice I just assumed that they all were experts on horse racing and form analysis. They sounded so self assured and knowledgeable. Big mistake.

Anyway, I digress. Marketed horse racing betting systems claiming hundreds of percent profit on turnover of course appeal to our greed and dreams of making easy money without having to do any work.. But from what I have seen punters end up paying money for what are often no more than just a list of past results, using rules specially made to get those results.

How is a horse racing system made? Well I'll tell you.
Continued next page

This edition of Punt to Win:
Horse racing betting systems
Spring Carnival horses - good runs, good betting odds
Betting favourites in small fields
Handicapping tips - weight and class
Money talks - Randwick, Caulfield betting tips from the track
Money talks - Doomben betting tips from the track
Money talks - Cheltenham betting tips from the track
Future winners - unlucky horses
Punt to Win 22/8/2003
Punt to Win index


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