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11/7/2015 edition

Group 1 Horse Racing Results

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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.

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Here is the Group 1 horse racing result from Gold Coast on Saturday, 20th. June, 2015.
(Where possible registered names have been used for the races.)

Gold Coast: Track Soft.

R7: $600,000 Winter Stakes. Group 1. Fillies and Mares. Weight for Age.
Distance: 1400 metres.
Field size: 15
Winner: Srikandi
Jockey: Kerrin McEvoy
Trainer: Ciaron Maher
Bookmaker top fluctuation: $4.60
Bookmaker starting price: $4.20 favourite
Best tote: $5.00
Second: Avoid Lightning - beaten by 1 length
Jockey: Tim Clark
Trainer: Les Bridge
Bookmaker starting price: $7.50

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The Professional Punter's horse racing news
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Horse racing form analysis and betting system tips
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Group 1 horse racing results: 20/6/2015
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Betting horse racing favourites in small fields: 4/7/2015 & 27/6/2015
Betting horse racing favourites in small fields: 20/6/2015
Best odds for well bet winners - bookmaker or tote?
Betting top weights - horses carrying a weight handicap of 60kg.
Punt to Win 20/6/2015

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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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