22nd June 2009, 09:43 PM
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Member
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Join Date: Apr 2009
Posts: 94
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Very good article.
I went through the points, and out came the cliches:
Quote:
Put a reasonable amount of analysis into each race program. Be ruthless when weeding out weak picks. And if my numbers say an unlikely runner is a good chance, give it a good look.
Bet according to my bank, and accept I will have losing days. Don't try to break even or win with a larger bet at the end of the day. If my bank grows because of a positive POT I will have bigger wins. Chasing losses will hit my bank hard for frequent little profit and frequent big losses.
DON'T try to chase losses. Smaller bets from a losing streak help dampen the negative effects on my bank. A winning streak with bigger bets helps profit grow larger too.
Make sure if I back a favourite it better be a sure thing and not stupidly short. If I think it has the field covered on all counts, even $2.50 is good. Just because a hot jockey is on, or it won a Listed race last campaign means nothing if it doesn't all add up. Odds on, look on.
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Might be cliche, but they have a ring of truth
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