Betting Discussion (Mark II)

Yay finally one :P

Was just going to bet on what you posted but the race had already started

I hope thats sarcasm bro, I only just started betting racing and I'm not even putting my own money in.

No I searched it on Twitter my usual method for horse racing and some had tipped it E/W so I was going to do a small bet on it. Seems it was 14/1 earlier as well.

Nightowk there is always going to be losers, that's why it's imperative to get BOG and get them early.

Here's my stakes/returns for today and you'll see what I mean:

Staked 26pts / Returns 30pts (1pt per £5)

Realta mi Croi - Backed at 10.0, went off at 4.0 and won. There's £30 / 6pts extra
Marie deja la - Backed at 4.5 but drifted to 5.5 (BOG) There's £5 / 1pt extra.

I backed 26 horses and only had 5 winners yet still made profit. So it's not all about strike rate/win percentages

I see your point. Thanks for the info. Going to go with Billy Red at 8:00. Should be an exciting one, lots of contenders.

No worries. I've got it at 15.0, drifted.

Got a couple of others too, but I'm slightly worried about Monumental. It is a good horse.

Man races like that you'd think are ones to avoid with so many contenders but then these are the ones where there is a good price on horses. Difficult to know whether to bet or not.

I always bet on races like that. If one is given a soft lead then it can easily make all. I backed Desert Strike this morning as soon as I saw it.

There was a few in that race who liked to race in front, and I know Hayley prefers to race front-runners so she'd get out first. Plus I'm just head over heels for her so back any of her horses with an outside chance anyway.

Think I might call it a day after Worcester. Gone for Grimley Girl, Was my Valentine and Je T'aime.

I respect your views and would like to thank both yourself and Pane for sharing your tips on here. I reckon it will be best If i can read around, learn more and then carry on picking fake bets until I can at least make a betting strategy that works for me. Until then I won't be confident in my picks and see no point of putting my money in.

Anytime. Are you keeping a record of your stakes/returns?

I wouldn't make a record on here, cause you'll end up with 6000 posts and people won't be able to converse. You definitely should do it though, otherwise you won't know how well you're doing.

Haha yeah true, you finish up in the end then?

Final one for me is Naaz@6/1 at 9.00

Yeah thats whats scaring me before I put money in...I can imagine thee's going to be lots of losing going on, whats you're win percentage if you dont mind me asking?

Haha yeah it was a much bigger price earlier, thats why I took it too.
EDIT: It'd be interesting to find some stats on how often a horse wins if it's price has dropped by a certain percentage. Of course you'd have to look at the stats in detail and see who the jockey/trainer/course was too. I'll prob have a look around, I'm sure I bookmarked a page earlier titled economics of gambling, will try and find it.

I leave TSR signed in all the time, so if I don't reply immediately it's probably because I'm out, as I was just there. Just don't want you thinking I'm being rude.

My win percentage is somewhere between 15-20%. As Sebo says, though, win percentage doesn't really matter without knowing things like the odds of the bets you place. Imagine you placed most of your bets at evens and had a win rate of 15%!

No problems I'm the same, my computer is on all day. Yeah I understood it once I read his reply.

This is quite good learning off here actually, the amount you can just learn off tips and the reasoning behind why people back the horses they do, you can kind of use the same idea and apply it to another horse.

Thanks once again bro!

No need to thank me. This is my passion, I bloody love talking about all things betting! It's quite a good community we are getting going. Guys come and go, but the regulars have some great advice over a variety of different sports.

How come you have decided to try out horse racing? Are you already a fan? If not then it will be very hard to bet on it successfully. I mentioned free tips earlier, so here is a site with a very good record and it has lots of reading material:

http://www.bettingexpert.com/racing/value-angle