How do you bet?

[xptdriver]

Gday All,

I was thinking about all the different ways there are to bet.. Personally I am a WIN only bettor with the occasional FF AND tri.. The reason I pose the question is that having a look at my figures so far for this month (July)

I have been concentrating on the back half of the each card in the metro areas,or when metros are taken to the provs.. using a smallish bank and 50$ bets. I have been betting win only but also following the same selections at 10 W + 40$ place.. The difference is astounding. Win betting is by far and away ahead..

There have been 98 races for 23 winners for an average Win div of 5.52$.. Just backing the top selection at 50 straight out I am a modest 1445$ in front.. BUT betting 10W+40P with the same selections I am 219$ behind.. that is a 1664$ turnaround.. To me that figure says a lot about our place pools and the take out the tabs take from those pools.. My figures clearly show that WIN only betting is the way to go... win and place betting seems pretty hard to beat the house take.. any comments?..

[Sportz]

Do you back just one horse per race?

[xptdriver]

Do you back just one horse per race?
Gday Sportz,

Using that method of betting yes

[maverick1993]

Hi X..
depends on my ratings for me..
If i have a standout ratings selection i'll back it for a win regardless of what it is paying..if i have a value selection thats in the top 2 or 3 that i give a good chance and the top 3 are fairly evenly rated i'll then bet e/w ..
Trifectas have been enormous for me..
usually go with a Banker /field bet ..(this has sometimes lost for me even though i've picked the winner..but theres been times i've hit 100/1 shot placings that more than make up for it. selections i wouldnt of dreamed of selecting.)
but if i have only 3 or 4 standouts i'll go 20 to 50 times..depending on the value of the selection..
If i have a roughie i usually couple it with the favourite if its rated highly by me of course..

I have a set amount i bet per race ...if i have a super special ratings standout i'll double this (eg Consular , Yubi , General Conclusion of late)...but i only ever wage 20% of my bank most days ..30% on Saturday's max,,

Having a set amount to bet per race keeps me grounded...i've had days lately where i've started really well..and the temptation is to double ect on other races....I'm a gambler by nature and if i didnt impose these rules i'd be on a downward spiral real quick....

I think with the nature of my type of selections i could do really well with a Kenchar type method of place betting,,,but it would just kill me watching that 20/1 shot win and only having it for a place..havent the discipline i don't think....the upshot is that with my selections i dont need a good strikerate to win...today for example i had a shocker but still only lost 600 ..if i had not changed my e/w on Petrol Head to a win and not doubled up on Mrs Morty i would of won today....with only a few placings and the one tri..

wow i'm rambling on a bit its the beer talking.....
also have a look at target betting...betting to win a certain amount on the race...i've done this successfully but i'm still experimenting with it...
for eg on the weekend i had Fangio , Cellar Edition and Desert Ransome all rated about equal...i backed Desert Ransom (stupid i know ..still bugs me )...but i shouldv'e backed them all to win say 2300 profit..
Fangio 10's $350
Cellar edition 7's $500
Desert Ranson 10's $350

Because you rate all races..you should look at Trebles ...i know its not the in thing ..but check back over your records and see what the divies are ..and see how many you got..you'll be surprised ..

good luck :)

[Franskter]

Regarding staying grounded...I hear ya Mav. Years ago, I used to commence betting on any given day without a clear strategy. One Saturday I managed to pick 19 winners across the country (at all manner of odds) by 3pm. I was well ahead ( about 2.5k I recall) placing smallish bets.

So what did I do? Upped the amount I was betting without giving consideration to the type of races I was betting on.

I then hit a losing streak, upped the bets even more... and managed to lose the lot by 5.30pm! That was the last time I let that happen.


For XPT. I usually bet one runner to win if I think it is a standout...regardless of the odds. If I am looking for some value in "tricky" races (most midweek Class 1 races and quite often the open races)....I will go wide in a couple of different ways, depending on field size.

Usiing C1 races as an example. Sometimes I will level stake or bet various percentages of my pot on up to 3 runners. One runner would be the one I assess as having superior speed, number two is the class runner and number three may be the one that will be at big odds due to a huge weight advantage and the market ignoring the way the horse recently won its maiden. Sometimes I play around with the combination on the three runners....say 50-60% of the pot on the standout and the rest e/w betting the next two selections if they are at value odds.

I usually have a goal in mind about how much I want to win on a particular race if it looke doable, I put a strategy in place to try and hit that goal.


Then I use all my powers to stop myself from betting on those huge field lotteries in Melbourne on most Saturdays!

[Sportz]

Then I use all my powers to stop myself from betting on those huge field lotteries in Melbourne on most Saturdays!

That's tough, isn't it?

[Franskter]

Ahhh yes. Those races are so tempting. A 70/1 shot wins, then steps up two grades next time out, gets backed in to 5/1....and finishes last.

Don't ya love it?