I think I've found the key to making millions in the racing industry.

A/ Take out a bookmakers licence.

B/ Frame a market to around 121%.

C/ Make outrageous statements to obtain publicity.

D/ Pick a horse that is around a 7/1-10/1 chance in real terms. Price it at 3/1-4/1.*

*Please note this works best when the horse is an overseas horse making it difficult for the punter to do reasonable form assessment.

E/ If you significantly tighten a horses odds ie around 10%. Make little to no changes in percentage terms elsewhere. **

** If you are really good you will shuffle a few prices up and down and hope the punters miss it in all the b*llsh*t flying around.

F/ Tell the media your an "expert".

G/ Wait for the mugs to come along and bet.

Sure fire system to make millions. The one draw back could be if punters got smart and refused to bet. But I don't think you should have any real worries.

Michael
Good luck and Good Punting