big winning punters

[umrum]

just wondering what you big punters bet on in terms to events. do you bet on only a small selection of events say 4 races in 3 or 4 venues or 4 or 5 bets at only one or two venues. Or do you have bets in most events at the one meeting. I know most recreational punters will either bet at the one venue or have bets left right and centre all over the country. Interested to hear.

cheers
umrum
... sorry didnt mean to post twice

<font size=-1>[ This Message was edited by: umrum on 2003-07-23 13:30 ]</font>

[Shaun]

I may not be a big punter but personaly i will only bet on welters and higher and i will only choose these from the 4 main meetings and one in WA because i live here....this gives me btween 5-12 races depending on the time of year.

<font size=-1>[ This Message was edited by: Shaun on 2003-07-23 14:43 ]</font>

[umrum]

cheers for that mate.

[osulldj]

Hi Umrum,

As I think I have posted before, I have no fixed rules about what areas, track, track conditions, class of race etc. to bet or not in...why? because there is no racing or economic reason to have such rules. (Rules for personal comfort zone reasons are an entirely different (positive) thing).

The only condition I have is that there has to be a profitable opportunity in the race.

I have about 1,400 bets per year across Metro, Provincial and to a lesser extent Country tracks, across all states except WA (time difference), in all track conditions and in all classes. On Saturdays, I average 16.3 bets across all the racing venues.

This works very well for me, primarily due to the approach I have with my own betting. That doesn't mean it's right for anyone else though. I know another very successful punter who only bets Saturday and would only have 3 bets per week.

It really does depend on the approach you have to making your selections. It should also be dictated by the time and means you have available to study the form.

Many punters I talk to have asked similar questions...my usual advice is to specialise. The first option is to specialise at the Metro racing in your home state. Get to intimately know the horses, track, jockeys, trainers etc. Study the form dilligently, make horse profiles, review races run, make notes about what you learnt, study jockey performances, trainer strategies etc. Go all out, become an expert at NSW metro racing, QLD metro racing or whatever.

My view is that if you can't profit specialising like this then it's unlikely you could profit through a broader approach.

Another option is to specialise in group and listed races....get to know the best horses in the same way as racing in your home state. There are hundreds of black type races around the country each year.

The worse thing a punter can do is spread themselves too thin by attempting to have the level of knowledge needed to win across a broad spectrum of racing. Most don't have the time or means (i.e. technology systems and form study capabilities) to do this well enough so they can profit

I hope this helps.

[umrum]

thanks d.j.

that helps a lot. I usually get sound results in group races over spring and autumn where the best horses are running around also in perth metro area races. Have found having too many bets all over the country usually diminishes profit or produces loss unless they are group and listed races over the carnivals.

thanks mate

[xanadu]

G'day umrum,

I agree with o'sulldj that if you have the discipline you should restrict your betting to Group 1, set weight and black type races. You can usually refine the chances to a small number of runners and utilising dutch book betting you should be able to extract a fairly reasonable POT each year.
These type of races are usually spread fairly evenly throughout the year all over the nation so there should be enough action to interest the serious punter.
The only downside is that in some set weight races the odds can be compressed somewhat and you may have to apply a betting strategy to turn the odds in your favour.
I am sure that if any punter had the DISCIPLINE to bet only when the odds in such races gave him/her an advantage, they could make racing pay.
The important factor here is DISCIPLINE and to bet only when the odds are in your favour(dutch book betting for example). I know how difficult this can be so it is up to the individual as to how they approach their betting.

Cheers.