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Originally Posted by Franck
99% of all betting will lose you money in the long term. Anyway, you seem to know this game. Give me some tips  |
This is how I got started - using
http://www.racingpost.co.uk, go through the days declarations and make a note of the 3 favourites with the lowest forecast start prices in UK races only (not racing in Ireland). Blindly backing these will give you a win ratio of about 60% and a long term loss of about 5-10% of your stakes, so don't do that. What you want to do is find reasons why they WON'T win. Use the info on the Racing Post site,
Adrian Massey's stats and any other racing website you find easy to use (some can be very confusing) to come up with reasons. Keep a note of those you reject and those you don't, and the reasons why. If you've made a profit after 3 months, it's time to start using real money
Different people have different styles of betting. Some people like looking for horses they feel are undervalued by eveyone else - they won't win very often, but when they do the prices are very good and in the long term they make a profit. I prefer to concentrate on very low priced favourites - I don't make much money when they do win, but the sheer number of winners I back makes up for that.