I have had enough

I am through with this game. Its only for the rich and privelaged and not for the normal person like myself. Good been on the forum but thats it for me. Go well all.

Sorry to hear this C and C the results were not bad, we win some lose some, but your choice.

all the best whatever you do.

cheers

scotia

Well at least CnC is normal.... i wish I could be that blessed. Gonna miss our midweek conversations... Cheers and enjoy whatever you gonna find to replace the 'racing itch'.

You can still enjoy the forum,gives you an interest without costing you any money.Read the post in the Bookies and Betting forum about bankroll management,anyway goodluck....

Sad to see guys leave the industry.

Racing can be profitable.
approach Racing as a business venture, as a bean counter.
what does than mean in a practical sense?

One needs the following processes/models to be successfull in racing:
1. elimination process
2. selection model
3. financial model

1. elimination process
a way to eliminate race courses, races and horses in a race and bet types...
no punting in CPT, PE or KIMBERLEY....
no punting in fillies in mares races...no punting in mixed maiden plates.. no punting in 2 year old races.. no punting of horses that gets less than 25 points... (will explain 25 points later)...

2. selection model
a way to select a horse or horses in a race to be punted...and the bet type to be taken

3. financial model
playing 10% of your pool on the horse selected in the step above..
you must be wrong more than 50 consecutive times before the pool is depleted..


if you start with R5000, you WILL make +R1m for the year... some years +R3m..

PICK a sport.

FOLLOW (study) EVERYTHING about it.

DO NOT become a fan of any team as this is business and pocketing a PROFIT is immesurably more pleasureable that watching 'your' team win.

Punt SELECTIVELY ( there is quite often value to be had as teams are usually priced up based on their LAST performance and not their OVERALL chance of winning ).


Race for FUN - ie punt whatever you like for VERY small stakes. I have used sport profits to fund my racing stupidities for years now. I accept :

I am a bit of a racing mug.

You DO NOT ever get the whole story in racing so be cautioned before you start that some of your assumptions are going to be skewed by what you do not know.

Everything from the odds through to the probability of your selection actually winning is loaded against you. So picking winners is actually an exception rather than a rule.

Read the Andrewwest post carefully as it is loaded with common sense.

Familiarise yourself with other markets - I bang on incessantly about the superior percentages offered in the UK but SA value is POOR.

Garrick good advice..soccer is much better betting than the horses..c and c try it..get the book "game on" on a friday and select your teams carefully..yes the odds might be lower than racing BUT there can only be one of 3 results.

Often take 5 good teams from all over the world..you got like 150 games to choose from per weekend then take a multiple even if each teams odds are 5/10 or 6/10..you normally end up with a bet of 7/1 or 8/1.

Lol sport result become like racing results favourite do not always win.. Not even the odds on buggers lol perfect example. England loosing to netherlands in the cricket.. But yes i agree with some its more fun punting sport than racing.. Especially now during world cup qualifiers. And the twenty 20 wc. As for me i like taking 5 favourites and playing a yankee on them.

Oscar..agreed...percentage-wise one does have a higher win ratio on sports betting than on the horsies but know what?
It's so much more fun putting your money down on the horses and shouting them home.

Chips if you still out there...the most consistent profit that I have shown on the horses have been to play anything from 3-5 horses for all-on places...in handicaps you get 4 places so if you do careful form studying.
Over the weekend I played the following all-on places...Loveisallaround (3rd),Nevvay (1st) and Factor One (2nd) and for R50 I got a healthy return.

Sure it's great to win a huge Pick 6 but I go for 10 - 20% of the payout with a fractional bet and I win consistently enough. None of us are Robert Bloomberg but if you find a bet that works for you and play with your head you CAN get a return out of horseracing.

I also would like to try all on places but Interbet doesnt accomodate that..its one big drawback on their system..and if you do it at bettingworld their prices are useless