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Winning on the Tote

It is not easy to make money punting on horses. That is why you can have two people both armed with the same quality information. One of them makes money over the long term. The other loses and after a while gives up.

Here are some points you need to consider. 

1. The aim of punting is to beat the races, not your home state tote.

2. If you are relying on tote odds only from your home state you are putting yourself at a huge disadvantage. You are effectively trying to beat your home state tote, not the races. You are more often than not even missing the best tote odds available.

3. You are also betting into markets of around 120%+ compared to significantly less for most Saturday metropolitan bookmaker markets and usually well less at top official betting ring price (TF or top fluctuation).

4. You will find it very difficult to get good odds about the best selections. If there is support for your horse in the betting ring  you will often  back it at the worst price, worse even than its official plunged starting price in the betting ring. 

5. You will invariably miss out on backing winners because the price on your tote is too short. Were you able to obtain best tote odds or best betting ring odds you would have been on a winner. 

6. When you do back winners you will invariably get way under the odds available. That  will also cost you money.

7. To win long term at racing you need good selections and you need to get good prices about them. 

8. That means you must shop around between totes from across the country and the betting ring prices.

9. Well over 90% of punters are long term losers. They lose for many reasons such as poor bets, poor staking and lack of discipline.

10 You can be the most disciplined punter around but if you restrict your win betting to prices available on only one tote you will regularly miss out on backing value winners because the price is not available in your little part of the punting world. The price will often be available on other totes and in the betting ring. 

11. Additionally you will regularly be getting so far under the odds available when you back a winner that it isn't funny.

12. Don't kid yourself. If you put yourself at such a huge disadvantage it is practically impossible for you to make a profit at the punt. 

13. We do not know any professional who would even dream of operating under such a handicap. 

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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.