Help to improve profit
 

After seeing your figures, I'd like to ask what can you do to improve my profits?

Thanks Crash,

The first two months l only backed E/W then seen a pattern of horses winning at big odds so decide to extend out to the above. I have had winners out to $45.00 but have not placed bets l what to see over 12 months how many pop up as l feel if l go for broke l will get burnt. I am a great believer of statictics in racing and these horses do not come home consitantly so l have capped it at $30.00 cut off.
All the ones l back for the win/place have to be paying better than $1.60 for the place so l am making profit if they get home.

With this approach l am betting only with the TAB & trying to secure the best odds as l have accounts with the major three, l feel l may be able to increase profits with other souces if anyone can point me in the right direction with ideas would be good.

l have only been into racing for 9 years the first three was research & documenting dry bets to find which way l should be heading so l think it is time to look into how to obtain the best odds.


again thanks,

Scottsbluff

From your method I guess that most days you would have 2-5 bets, since you cap the prices does that mean you are there for those bets or do you use prepost markets to determine the bets?


This has substantial impact on your punt. I know people that break even using one tote and a great profit using several resources. Open befair account, and several of the major bookmakers. If you have to bet and go away use the best TOTE providers to place your bet. USing TAB is always risky because you dont know where the best price is, spreading the bets across all 3 is only going to get you an average, bets tote will get you the best price (there are limits). If you are woried that they will close you when you become sucessfull deal with it when it happens. Look out for the NSW TAB corporate site they should be quite compatitive. Chosing the best odds is a best way of winning atleast 10% extra for no additional risk.

Betting each way is a safe way to not get anywhere. In my opinion. BUT Test it yourself for your situation. Go through all your bets and bet win only the same amount as each way. I almost guarantte you you will win more. I went through a period when I did this and I was very happy to receive place wins of $13 or more and was way infront of the win bets ..... untill I got a few winners in a row ...... all of a sudden I was way behind and still would be ...... the problem is the mind set, if you need a consistant high strike rate then stick with it and build your confidance.

Michal

Scottsbluff,

What are the free ratings you use if you don't mind saying.

Hello Michal,

thanks for reply, as stated in the figures below l only bet Sat & Sun from 1pm to end of gallops racing so l average approx 25 - 35 bets per weekend, l am betting on the day as races present themself, from march 08 l have been investing on this prior to that l have 3mths research before real money was put into play & the figures have remaind stable.
I go from race to race & look for overs on the rated price, all bets are $90, l will look into doing some research on other avenues with Betfair etc.

I have become very selective before placing bets as l may go 7-10 races where there is no value as the good thing these days there are large amounts of races to choose from.

Man these sites are great as you can pick up alot of info that helps,

many thanks,

scottsbluff

Which ratings do you use?

Shaun, Crash,

sorry guys not prepared to give source away yet as the money l am winning last few years has ben paying morgage off. What l can say is that all l have done is look at all sites that give free rating and documented this to find one that is profitable but may not be to other uses as l do have other twists that l put in that l have used over the last 4-5 yrs of actual money investment. I look at the class rise or drop, distance, fitness patterns of last 3-4 runs & a couple of other things so l do miss some bets if l have not gone through this regime.

Yesterday not good but not bad ether, figures as follows:

18 bets - $1,620 Return $1,428 -Loss $192.00 5 winners only but all over $5.50

The pattern for saturday is up & down as we come into the better part of the season there are more class horses in the city & therefore ratings prices are higher & horses rated closer together because of the class of the field, so may not be able to sucure overs. (l will not bet on a horse if it is a selection (rating) if l feel it has not a chance, some win some dont & l beleave any selection process has to have your own imput as well or it will not work longterm.
A large amounts of my bets are in lesser class races as you can secure better prices & there are more stand outs with class on there side but there form does not read that so you must look at why are they racing in these lesser races but for some reason the general public shy away from these animals.

I have a horse that l am part owner no world beater but a bit off fun, it is called Remember When at Swanhill Race 7 today. If it gets a clear run it should be in the money (hey how many times have you heard that??)

Anyway good punting today & again thanks for all your help for ideas on this forum,

scottsbluff

Not a problem, i am a ratings type of person and have spent a lot of time creating my own ratings and i spend a lot doing the ratings each day.

With all the information out there these days i realy think 90% of form has been done for us and if we take the information provided from different providers we can come up with selections.

Spot on Shaun l use to spead hrs doing form for "Sportsman" (6-9hrs) for saturday only. I now use ratings but include the pricibles that l learnt with the above information. It has taken me quite a while to come to terms with the computer as a tool but man when you get your head around it makes things so easy.

The weekend ended up okay bit up & down,
SAT.
18 bets - $1,620 Return $1,428 -Loss $192.00 5 winners only but all over $5.50

SUN.
15 bets - $1,350 Return $2,457 - Profit $1.107 5 winners only again $4.2 - $20.10

As for my nag that l gave today (did have a wide run) is still running,

good punting,

scottsbluff