Guideline for using horse racing betting system
When trying to profit from any system you should have an useful betting strategy. If a system is not able to make a profit by persuing a flat level stake staking plan there is nothing you can do to turn the loss into a profit. Since a long time punters have played with several staking plans such as doubling up after a loser, betting a percent of the bank, Kelly plans etc. However, maximum of these are just gimmicks used to overcome a low strike rate, or loss making system and redirect your mind away from winner finding. Do not waste your time researching staking plans simply follow the two golden rules:
It is always the value of a horse which decide the stake, and the assessment of probability of winning or placing which concludes the type of bet.
It is all about getting value, and assessing your risk. Maximise your returns when you are very confident, and to reduce your losses when not.
Usually, there can only be single selection per day. If this is a value bet a choice will be made to bet win or each way depending on the assessment of the possibilities of the horse winning or placing.
Two or more selections will indulge doubles and trebles etc. In such a case rarely will we bet singles as it can be established that placing several bets is more profitable than single win betting. Hypothetically you would want to bet at level stake on win singles. However, authentically this is not sensible. If there are 4 selections and your normal stake is £100 win, then on days when you cannot attend the track, you will have to place 4 x £100 win bets in your local betting shop.
Exotic bets such as Forecasts, Trifectas, Jackpot and Placepots are played quite often. Pool bets which rollover can provide outstanding value especially when the favourite has a low chance of winning.
Remember to keep a log of every bet. This will help you determine your nature of success.
Win or Each Way Singles A typical mistake punters make is to bet win on favourites and each way on whatever is above a certain price, say 5-1. Initially this makes sense, because if the 5-1 horse is placed you will have your money returned in races paying 1/5 the odds a place, and make a small profit if it pays a 1/4. It is important for you to remember that the hoax lies in the fact that when you are extremely confident, maximize your returns and when you are not then mininise your loses. Another misleading notion of punters is to bet more money on lower price horses and less on outsiders. It is always the price of a horse which determines the stake, and the evaluation of possibilities of winning or placing which judges the type of bet.
Doubles We often place doubles if there are two selections in one day and disregard betting singles. Once again, an each way bet may be placed if the probability of winning is low, and possibility of placing is high. Note that the probability of the double being accomplished is the probability of each horse winning multiplied together.
About the Author
John Anthony is a recognized authority on the subject of horse racing system,having helped over 1,288 people worldwide to this date. He is the Director of Sure2Profit.com, a website where he provides a wealth of informative free articles and resources.
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