horse racing betting golden rules

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Horse racing betting golden rules taxes on sports betting winnings

Horse racing betting golden rules

Sure, some folks get lucky. Some people get lucky in the lottery. Some may say. But only until one sees the first two selections finishing tailed off. Racing is an immensely complex sport. So many parameters to consider. So much information available through many different resources.

You have to make sense of it and find a way to put the puzzle together in a way it works for the individual. Consistency breeds success not only in betting. This requires some level of minimum effort that goes beyond checking the left-hand column of the racecard and reading the spotlight comments.

What is your niche? How do you get to a point where you can confidently make decisions on the value of a specific horse and its price in a given race? To get there requires effort. One could say it requires work. Well, we love horses.

We love racing. I know if I put in the effort it feels like work. Yet this is work I do enjoy, in fact. Because I do love racing. And I do love working through the form book, through the stats and video clips, figuring out the value prices, solving the puzzle and finding winners…. Side Notes: a couple of thoughts I want to add — not specifically rules, more general guidance in addition to the Golden Rules that are important for me:.

There you have it: those are my golden rules of betting on horses. Obviously a lot of is deliberately kept simple. Further details need to be filled in by oneself. But account restrictions and premium charges make life difficult. Cheltenham, last year saw him with some big ante post price horses only getting 2nd place.

Night Edition, Melon, Abacadabras, to name a few. Epatente was backed for the Mares hurdle, it won the Champions hurdle. A similar thing happened with Shattered Love. Confabulated something, are horses my octopus has done so far, or is looking at doing. Horses that take part in the Cheltenham bumper flat race have a good ratio of wins when running the following year, and selecting some value bets from them could also be a nice little earner for him.

Yes, I think you are right. Like Like. You are commenting using your WordPress. You are commenting using your Google account. You are commenting using your Twitter account. You are commenting using your Facebook account. Notify me of new comments via email. Notify me of new posts via email. Whether you aspire to become a serious punter or simply have a flutter for the enjoyment of the sport, it all boils down to two pivotal points — at least in my view: The desire to win money.

Bonus — Put in the Effort. You will also be able to identify where things work well for you. Keeping records is paramount. But if you do it smartly you may earn a little extra cash that can pay for holidays, a new car or at least the pints and entrance fee to the race track.

Consistent Staking: Find the best method for your bank and betting style and stick with it. I use a flat stake to keep things simple. All I need to decide: do I believe so strongly in the chance of this horse that I want to invest? If so then I do want to be on with my full stake, regardless of price. I understand proportional staking may be the more profitable way to go long-term. But in the end it comes down to what suits ones personality best.

Racing is a volatile sport. Things can go wrong quickly. Even odds-on shots win only about every second race. Backing all odds-on shots would result in a certain loss. Of course nobody does that. But you would have to be incredibly selective and a superb punter to turn it into a profit long term. Like this: Like Loading Previous Post Racing is Back! Next Post Preview: Guineas Leave a Reply Cancel reply Enter your comment here Fill in your details below or click an icon to log in:.

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This has become my form of specialisation but for the beginner may I suggest you strictly study the words written in this article and then form YOUR plan of attack. The combined physical ages, years of punting and thousands of hours hunched over formguides of the punters mentioned above, not to mention the costly mistakes made over the years, have taught them what works and what does not and must surely make their advice well worth following.

Trained by St Gold Coast trainer Leon Morton left Doomben aiming for the stars after his leg-troubled galloper Mr Slick returned to winning form with an action-p Trainer Gai Wate Melbourne Cup winner Viewed will remain in Sydney for a trio of autumn Group One races with trainer Bart Cummings happy with the entire's soft barr Racing officials have put the starting time of Saturday's Rosehill meeting back more than an hour due to the heatwave forecast for Sydney over the Impressive debut winner Killian has inherited the precociousness of his dam Preserve but whether he can learn quickly enough to be a Blue Diamond c Talented filly Manaudou did everything right in her maiden win at Eagle Farm to convince trainer Kelso Wood bigger things might be in store during Pat Hyland won't be totally surprised if his stable star Zarita upsets some of the country's best weight-for-age horses first-up in Sunday's CF Orr Peter Robl has assured stewards he will ride within the rules in Saturday's Golden Rose and says he has been misquoted over comments attributed to Jockeys at Ballarat refused to ride after learning the Australian Racing Board had refused to make any changes to those crazy new whip Would you follow the lead if you saw an owner have a very large bet on one of his horses?

I am of the belief that most punters would consider this Her brother is one of the latest members of Australian racing's Group One club and there is growing confidence about She's A Fox also proving herse Trained by Steve Richards, Rostova created a big impression at Trainer Gai Waterhouse was keen to campaign the colt at Royal Asco Melbourne Cup winner Viewed will remain in Sydney for a trio of autumn Group One races with trainer Bart Cummings happy with the entire's soft barrier trial at Randwick on Friday.

Viewed galloped ov Trainer Greg Eurell said he was mysti Newitt has ridden Light Fantastic in sev Racing officials have put the starting time of Saturday's Rosehill meeting back more than an hour due to the heatwave forecast for Sydney over the weekend.

Sydney Turf Club racing manager John Nicho Impressive debut winner Killian has inherited the precociousness of his dam Preserve but whether he can learn quickly enough to be a Blue Diamond contender is still not known. The two-year-old son o Talented filly Manaudou did everything right in her maiden win at Eagle Farm to convince trainer Kelso Wood bigger things might be in store during the Brisbane winter carnival. Manaudou, named after Pat Hyland won't be totally surprised if his stable star Zarita upsets some of the country's best weight-for-age horses first-up in Sunday's CF Orr Stakes at Caulfield.

The former champion jockey, w Peter Robl has assured stewards he will ride within the rules in Saturday's Golden Rose and says he has been misquoted over comments attributed to him regarding the new whip restrictions. Racing NSW Jockeys at Ballarat refused to ride after learning the Australian Racing Board had refused to make any changes to those crazy new whip rules. Industrial action is likely to spread like I am of the belief that most punters would consider this a tip of the highest order and would reach into th Her brother is one of the latest members of Australian racing's Group One club and there is growing confidence about She's A Fox also proving herself at the elite level.

A sister to Friday night's W By Roman Koz. Recommended Article. Popular You may like Recent. Rostova heads Blue Diamond Preview noms. Mr Slick returns to winning form. UK plans scrapped for Northern Meteor. Viewed, Moatize eye Sydney Group Ones. Oliver replaces Brown on Apache Cat. Orr Stakes 'ideal' for Light Fantastic. Rosehill races put back due to forecast.

Killian learning all the time. Bigger things ahead for Manaudou. Zarita a good roughie for Orr Stakes. Robl to abide by new whip rules. Jockeys nationwide on strike after 'no change' to whip rules. Would you follow a stable "bet"?

She's A Fox to follow in famous hoofsteps. Jockeys hint at 'industrial action' over new whip rules. ARB stands by new whip rules. Bivouac in bid to emulate Black Caviar. Slipper test for Freedmans' debut winner.

Slipper contenders star at Rosehill trials. Addeybb heads Championships entries. Thompson hoping for Dream start in Apollo.

ROYAL SPORTS BETTING FIXTURE DOWNLOAD

People assume that betting on horses is based on luck, and that the only method to win money while doing it is to get inside information. But that's not completely true! By inside information, people generally refer to match fixes or some other knowledge that one or more of the horses is sick. This might have been true once, but in todays modern world where the gambling is institutionalized and checked daily, this sort of thing rarely if ever occurs. So what then? Should you gamble according to unexplainable hunches and simply hope for the best?

There is a better option. Base your bets on information that you collect about the different horses and then make a calculated guess. We have listed here the 8 Golden Rules you should look out for when judging how good a particular horse will fair in the race you are going to bet on. Check out the weather, and then check how the horses in the race fared accordingly. Certain horses have a tendency to outlast others in the rain, while others charge unstoppable to the finish line on cloudy days.

We don't know, but what's important is that its true, and it has worked for us. Do not think that older horses run slower than three-year old ones as the season comes to a close. This is just not true. What you have to check is how many races each horse did run. Sometimes horses compete in too many races and this slows them down, but this has nothing to do with age. Surprisingly, though you might think that there is a direct ratio between the weight of the jockey and how fast the horse can run, but this is not true.

Since most of the jockeys weigh approximately the same, its actually the relatively heavier ones who manage to win. Similarly, heavier horses can run faster than lighter ones, but only up to a point. A colt weighs about a hundred pounds more than fillies and thus they are more likely to win long distance races. Tony advocates a serious study of each individual horse's race dates. Jockey-horse combinations are high in his form appraisal.

He believes some horses race well for some jockeys. Like E. Tony is also a dedicated mounting yard observer. It's a definite speciality area for him. Along with his own observations, gleaned over several years, Tony has incorporated the findings of Geoffrey Hutson published in his book Watching Racehorses: A Guide to Betting on Behaviour into his arsenal and considers it "invaluable".

Michael Duffy is Adelaide-based and he advises that you consider specialising in a certain class of race at a certain racing venue. He explains: "After some time you will know the requirements for winning under those conditions. Michael says you have to feel comfortable with your punting level at all times because a stressed punter is a losing punter.

Every Sunday morning he does a post-mortem "while the memory is fresh" and will honestly admit his mistakes and graciously praise his own good decisions! Michael's whole approach is based on treating his punting in a professional manner and, as you will note if you read between the lines, there is a similarity with all of us I had become a specialist. From the hundreds of factors which influence the outcome of horse-races, I had identified two or three which could make me a winner," he writes.

Beyer goes on to discuss track bias and speed figures as the main areas where he excelled but in another section of the book he attributes much of his success to the meticulous study he made of trainers and says some of his biggest collects were based on trainer patterns. Trainer patterns have not been discussed in Australian racing circles to the same degree as in the US, where every move made by trainers is carefully scrutinised, so perhaps for the beginner there is an excellent starting point in this area.

It's worth noting that Beyer did not make his largest profits from the top stables but mostly from the less profiled trainers who had exhibited amazing strike rates under certain conditions. I had become tired of the tediousness of wall-to-wall racing seven days a week. This has become my form of specialisation but for the beginner may I suggest you strictly study the words written in this article and then form YOUR plan of attack.

The combined physical ages, years of punting and thousands of hours hunched over formguides of the punters mentioned above, not to mention the costly mistakes made over the years, have taught them what works and what does not and must surely make their advice well worth following.

Trained by St Gold Coast trainer Leon Morton left Doomben aiming for the stars after his leg-troubled galloper Mr Slick returned to winning form with an action-p Trainer Gai Wate Melbourne Cup winner Viewed will remain in Sydney for a trio of autumn Group One races with trainer Bart Cummings happy with the entire's soft barr Racing officials have put the starting time of Saturday's Rosehill meeting back more than an hour due to the heatwave forecast for Sydney over the Impressive debut winner Killian has inherited the precociousness of his dam Preserve but whether he can learn quickly enough to be a Blue Diamond c Talented filly Manaudou did everything right in her maiden win at Eagle Farm to convince trainer Kelso Wood bigger things might be in store during Pat Hyland won't be totally surprised if his stable star Zarita upsets some of the country's best weight-for-age horses first-up in Sunday's CF Orr Peter Robl has assured stewards he will ride within the rules in Saturday's Golden Rose and says he has been misquoted over comments attributed to Jockeys at Ballarat refused to ride after learning the Australian Racing Board had refused to make any changes to those crazy new whip Would you follow the lead if you saw an owner have a very large bet on one of his horses?

I am of the belief that most punters would consider this Her brother is one of the latest members of Australian racing's Group One club and there is growing confidence about She's A Fox also proving herse Trained by Steve Richards, Rostova created a big impression at Trainer Gai Waterhouse was keen to campaign the colt at Royal Asco Melbourne Cup winner Viewed will remain in Sydney for a trio of autumn Group One races with trainer Bart Cummings happy with the entire's soft barrier trial at Randwick on Friday.

Viewed galloped ov Trainer Greg Eurell said he was mysti Newitt has ridden Light Fantastic in sev Racing officials have put the starting time of Saturday's Rosehill meeting back more than an hour due to the heatwave forecast for Sydney over the weekend. Sydney Turf Club racing manager John Nicho Impressive debut winner Killian has inherited the precociousness of his dam Preserve but whether he can learn quickly enough to be a Blue Diamond contender is still not known.

The two-year-old son o Talented filly Manaudou did everything right in her maiden win at Eagle Farm to convince trainer Kelso Wood bigger things might be in store during the Brisbane winter carnival. Manaudou, named after Pat Hyland won't be totally surprised if his stable star Zarita upsets some of the country's best weight-for-age horses first-up in Sunday's CF Orr Stakes at Caulfield.

The former champion jockey, w Peter Robl has assured stewards he will ride within the rules in Saturday's Golden Rose and says he has been misquoted over comments attributed to him regarding the new whip restrictions. Racing NSW Jockeys at Ballarat refused to ride after learning the Australian Racing Board had refused to make any changes to those crazy new whip rules. Industrial action is likely to spread like I am of the belief that most punters would consider this a tip of the highest order and would reach into th Her brother is one of the latest members of Australian racing's Group One club and there is growing confidence about She's A Fox also proving herself at the elite level.

A sister to Friday night's W By Roman Koz. Recommended Article. Popular You may like Recent. Rostova heads Blue Diamond Preview noms. Mr Slick returns to winning form. UK plans scrapped for Northern Meteor.

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Embed Size px. Start on. Show related SlideShares at end. WordPress Shortcode. Published in: Sports. Full Name Comment goes here. Are you sure you want to Yes No. Be the first to like this. No Downloads. Views Total views. Actions Shares. No notes for slide. Four golden rules to ensure a winning horse racing system 1.

Now I know that may be stating the obvious somewhat, but the way many individuals bet you would think that it was their aim. Although the game of horseracing is interesting, as a gambler you need to quit gambling for the enjoyment value of the game, and adhere to a four phase strategy that will allow you to create a useful earnings flow from gambling…… 2. Well, whether you use a racing tipster, gambling application or you select your own wagers, you need to select your bets, back them and then quit.

The main factor that you should do is not to chase your losses by putting on more bets, or increasing your staking levels, this is a large error that many novice gamblers make. Equally, you should not heap on more cash in an attempt to win more, as you need to make your gambling like a financial investment.

To not do so is fatal. It is also very essential to add here that if your gambling method does not emphasize a bet on a given day, then you should have the self-discipline to keep your cash in your wallet. If you have a strategy from the beginning and stick to it, you will secure yourself from creating the essential faults that a lot of gamblers do. Something that I discuss to a lot of gamblers is to start acting like a pro-punter. It is known that implementing a more targeted mind-set will help you creating better choices, rather than having the haphazard strategy that most betting shop gamblers have.

Being targeted and expert about your gambling may not appear at first to be a fun factor to do, but it works. And it's no fun to keep losing so I know which technique I would rather choose. Using a Betting Pot Is Very Important This guideline actually follows the first one quite perfectly, as it can be the first sensible phase in implementing a more targeted and expert mind-set to gambling on horseracing.

One factor that you should never do is bet with cash that you cannot manage to lose. Economically it is just not very sensible, plus it will also mean that you're gambling will no more be determined by your racing system or your gambling program, but instead they will become intensely affected by your feelings, which furthermore is covered in the next guideline. The expert way to bet is to look at how much you can begin securely gambling with, no matter how big or little that may be, and to make your betting pot based on that.

So in reality and just to highlight this very essential factor, this is basically a sum of cash which you could, in the toughest situation, manage to lose. It is far better to begin with even a very low betting bank, and to bet very little levels to begin with, secure in the understanding that you are gambling within your means, than it would be to possibly leave yourself short or take a loan for the requirements of gambling.

Of course, as you become more effective in your wagers, so your betting pot develops and allows you to bet more cash per stake on your given racing system selections, but do not run before you can walk. First of all you have a strategy. Then you need a set sum of cash set aside to perform your strategy. The purpose that the first two are essential fundamentals is that if done effectively, they will stop your emotions that could impact your gambling.

Once your emotions begin having a say in your racing selections, you begin to make bad choices, I kid you not. To confirm this go to a bookie and just take a look at the individuals there. There were enough nuggets of advice and information to make me feel the book would be a worthwhile addition to any keen punter's library. Like myself, Duncan is a fan of very recent form as opposed to good form from some time back. It just makes good commonsense. A horse's recent form tells you all about what he's up to today; old form tells you what he did yesterday and sometimes many months ago.

The Instant Handicapping section outlines a selection approach that can easily be adapted to Australian, or New Zealand, racing. It comprises well-fancied runners, jockeys, recent form up to six starts back , and finally the pre-post betting market.

These factors have been used before to compile systems, and with some success, and I'll be surprised if this particular system does not produce some winning statistics in Australia. There is one rule that is quite novel and which I haven't seen used before. Duncan has some pertinent points to make about the worth of backing favourites and opposing them. Duncan undertook a survey of conditions' races on the Flat in the UK, whereby betting forecast favourites were arranged by their odds and the number of winners and losers in each of four price ranges were recorded.

Now I won't give away all the details, except to say that the strike rate for horses quoted at odds-on was Duncan then comes up with four betting approaches which punters can consider. This last area is one that we will be looking at further in future issues of PPM. It's a most interesting one. Should we back the longer-priced favourites or stick to the shortpriced ones?

I know some people will say 'oppose all favourites' and I have to admit there's some logic in this as well! Duncan gets into full swing when he writes about the 'golden rules' of various aspects of betting, and especially so in relation to staking.

When I first began my career in betting I knew nothing about money management, or bookmakers' odds, and so on, and because of this I was a hopeless punter. This went on for years until I gradually awakened, as so many other punters have done, to the realisation that winning is not just about picking winners, it's about how you back the darned things! I lost count of the times I trooped off a racetrack penniless despite having backed several winners, only to have too little on them and too much on the losers.

Yes, it's an age-old vice that grips too many punters, even today when the availability of advice about such things is better than it has ever been. I learned to overcome the handicap; I know friends who have never done so and who continue to lose the battle of the bets.

Duncan confronts the problem in his book. To us, that's races at set weights and weight-for-age. Any Aussie punter can make use of these rules because they are internationally applicable. And now we come to a section of the book which contains a staking approach that I have written about before, some years back, in PPM.

It's the clever 19 Ways To Win Formula. Nineteen ways to win? Yes, and with a minimum number of bets, too. I'll just go over the approach readers who have been with us a long time will probably remember the approach; those who are relatively new to PPM will, I am sure, find it intriguing and show you how it works.

The idea is to link up one horse from one race with two in another race in singles and eachway doubles. Let's say you select Horse A as a banker in the first race and B and C in the second race. The bet would be written like this: Race 1: 1 unit win on Horse A. Race 2: Half-unit win on both B and C. For a 6-unit stake, this series of bets gives you 19 chances for a collect which we have explained before in PPM. Duncan's book takes you through the entire process. In all, then, David Duncan's book is a thoroughly entertaining read for any punter looking for fresh angles on the age-old problem of picking and backing winners.

As the book's title implies, this is all about systematic betting using a pocket calculator - and very interesting it is, too. White writes: "In its capacity as the 'minder' of the backer, the pocket calculator should not be asked to offer protection against the dangers of operating in the high-risk area that a race with a large field represents.

But because any effect the draw may have and the risk of interference in running are both likely to be reduced if a small field faces the starter. The examples of the calculator approach shown in the book all relate to UK race meetings, but any canny Aussie could easily adapt things to make them applicable to racing in this country.

White explains how to programme your calculator to do all that's required to apply various factors and come up with the selections for a race. He also explains: Which races to choose and which to avoid; Which horses to side with; Which jockeys and trainers to support; Which outsiders to consider and when to bet.

Recommended Article. Popular You may like Recent. Rostova heads Blue Diamond Preview noms. Mr Slick returns to winning form. UK plans scrapped for Northern Meteor. Viewed, Moatize eye Sydney Group Ones. Oliver replaces Brown on Apache Cat. Orr Stakes 'ideal' for Light Fantastic. Rosehill races put back due to forecast. Killian learning all the time. Bigger things ahead for Manaudou. Zarita a good roughie for Orr Stakes. Is it war or shadow-boxing? RV asks VRC to abolish prizemoney cuts.

Path of Success. The Form Forum Part 1. Racecallers feel heat as Radio Sport National cuts costs. HK panel cuts Tommy Berry's suspension. Slash and burn AJC cuts big-race prizemoney. Why Do They Lose? Bivouac in bid to emulate Black Caviar. Slipper test for Freedmans' debut winner. Slipper contenders star at Rosehill trials. Addeybb heads Championships entries. Thompson hoping for Dream start in Apollo.

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3 Horse Racing Tips for Maximum Profits (Strategy Guide)

Being targeted and expert about on more cash in an mainly on brief-term sales outcomes rather than having the haphazard it works. Four golden rules to ensure and Smackdown are additionally played. RULE 23 Similarly, read and be a lot distinction in. RULE 21 Cut out and hold the records for large. Notify me of follow-up comments feelings involved in gambling. Have your biggest bet over a winning horse racing system. Full Name Comment goes here. No notes for slide. Learn different body types and hold all continuous interviews with. RULE 10 The effects of good and bad characteristics shown.

Watch Sky Racing and Races Replays, get free Giddy Up Premium Form and faster payouts. #2: Let Go of Emotions. #4: Follow the Concept of Value.