Personally, I think the point earlier was the best one, someone said that "win only was easily the most profitable". Seems pretty clear what's long term the best strategy then, you just gotta have the ************s to stick out a losing run. And if you can't, well, there's a saying about heat and kitchens and stuff.

There are some misguided posts on the advantages of place betting & this is just another one. Betting styles are a horses for courses situation - one size does not fit all.

Although I've been a Dutch book punter, a sometimes win punter & had some success as a lay punter on Betfair, I've been a proud place punter for a number of years & that's where most of my profits come from year in, year out.

I had six bets on Saturday, five place bets & one lay bet. All proved successful. Had those place bets been win bets then there would have been only one winner paying $2.20 and a winning day would have been a losing one.

Win bettors are entitled to the extra benefits that style of betting can achieve, but 'us' place punters are a different lot altogether, we like a quiet life with the returns rolling in on a regular basis.

I'm after only one thing & that's NOT POT or ROI or even the glory of picking a long priced winner, I'm after a profit, money in the kick, that can provide me with a lifestyle that meets my needs - place punting provides me with exacty that.

Here is somthing to think about, if you are a person that is having trouble with losing runs but have a profitable selection system try paying yourself a wage each week no matter what happens.

Work out your profit on turnover for 12 months then divide this into 52 portion and pay yourself 50% of this amount each week, this is much better than win/place betting and you will still see money coming in during the slow times.

La Mar

there is a difference between place betting and what has been offered up in here, yes place betting can be a very good earner but i feel if you are going to have it eachway you need to run seperate banks and regard it as a seperate bet.

That's good advice Shaun, so long as there is a confidence that the losing run is only temporary. I've been doing similar for many years now, just drawing down a 'wage' each fortnight (in my case) irrespective of how I've gone on the punt in the preceding period. Punters really need to think long-term but most appear to take a short-term view - the 'get-out stakes' mentatlity.

You are probably right Shaun, but I've never been an each-way punter so wouldn't really know. But I do know that many win punters think their way is the holy grail of the punt - got news from them, it ain't.

Paragraphs like the second one here are what make misguided posts methinks. If you had wanted to have five win bets I'll wager (taking an each way hedge of course) that you would have picked your horses differently. In which case the "Had those place bets been win bets" is a silly thing to say.

KV

Sorry, Kenny V. it is you that is misguided for even suggesting that someone should change a winning strategy - if it ain't broke why fix it. It ain't & I won't, it's as simple as that. I would not have picked my horses differently as the way I pick 'em is the way I pick 'em & it's been that way now for many (successful) years.

Misguided comments like yours are not needed. :-)

Lets just agree that we all have our different styles and i can guarantee we can all learn a bit from each other.

With the greatest of respect I think you misunderstand me. I would not suggest that you change your selection strategy merely that this selection strategy is aimed at making place bets. Thus to conjecture what would have happened had you placed win bets instead is not of any value. Maybe I'm wrong and you have a magic pin which would have stabbed the newspaper in exactly the same place whichever type of bets you had made. But I think not, you strike me as a successful punter who would tailor his selections to his bets.
Why can't anyone on this forum understand me? Is it only misinterpretation of other peoples posts that keeps us going? Am I an imbecile posing as a very clever person in the disguise of an idiot?

Curse you Shaun you've interposed a message between mine and the culprit that instigated it. More misunderstanding on the way.
Ah well, it keeps a thread going.