Hi,

Just wondering if anyone can tell me how I would go betting $1000 on every odds on favourite (Gallops/Trots/Dogs) with UniTAB in the past year or two??

Thanks!

You'd lose plenty of money. "Odds on look on" is sage advice going back to the beginning of punting. Some specialist punters might make a go of it on Betfair perhaps, but generally speaking the saying holds true.

In my silly days of punting, I once stuck a run of 7 odds-on outs at $300 a pop per bet and almost wiped out a $2,500 profit I had up on IAS.

You'd lose the least of any price band, but you would lose.
Odds on you'd lose 5% to 7%, the higher the price band the more you lose in percentages.
Odds on is profitable taking top fluc or best price on Betfair.
Chuck in a filter or two and you're in business.

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Google - Adrian Massey .
There you will find a research engin which can break down the various odds ranges up to 2000 races.

It's a UK site but the basic stats will be similar to here.

Cheers.

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Cheers.

There is or was a fella called the 'Fireman' who would probably put a strong case to you NOT to chase the odds on conveyances

From memory he only backed odds on 2 yolds racing in Brisbane, did very well for a while then came a big cropper

All I would say on the subject is why bet so short? Look at the results on any given day & tally how many winners are odds on. That should be enough of an incentive to go longer.

To add a post script - theres not much sweeter than collecting on that 30/1 shot, whilst getting back $145 for my $100 outlay just doesnt do it for me

Look at Sydney last Sat. all the winners were double digit longshots. The sense to me is get on to decent prices. I just can't see the logic of betting short. Do the form and spot the weak favorites and bet around them.