I've been looking at horses lately, who have won all their races e.g. 3 out of 3 and have won at the track and distance.

The prices have been slim but a steady stream of winners and since I've been following it, it is in profit (Saturdays only)

You get some surprising odds, for instance, 3 weeks ago Cornwall Park who had won 3 out of 3, won track and distance and had top prizemoney ranking, paid $3.

I couldn't believe it!

There's a horse in WA called HAY LIST who is an absolute money spinner. I've backed him the last 4 starts at short odds but he keeps producing the goods!

I think the addage, odds on look on is a falicy if your horse is the superstar of the race.

For instance, I had a decent bet on Definitely Ready yesterday, cause I honestly though it would have to lose a leg to go down. It ran twice round the track and still came home with the goods! Only paid $1.75 on Betfair but I thought that was money for Jam.

If you start with horses with a strike rate of 40% plus, who've won track and distance and are at least 1st or second in the average prizemoney earnings (check the middle of the sportsman) you'll do ok.

An easy way to check value is if the horse has won say 40% of its races.
Divide 100 by 40 = 2.5

Therefore $2.5 will be break even and you look for any price above that to make a profit long term.

There are a million other factors to could add to make a price, but if your horse has:

The best strike rate in the race
Top prizemoney
Won t/d
Won in the conditions
In form (won at least one of it's last 2 starts - or came within a length but was checked etc.)

Then you're on a decent bet. Check the value before investing and you'll do ok.

It takes patience, something that many of us punters struggle with and I admit myself, it's where my horse investments fall down.

Have the patience to find a good horse at the right price and you'll do alright Gnarkley. BEST OF LUCK and happy punting!!

Two Shoes