Horse Racing Tips
This area offers horse racing tips and strategies, from how the odds are calculated to analyzing the form.
Quick Tips
1) Look for horses that finished in the placing, that is first, second or third at their last four starts in their current campaign.
2) Include any non-placed run if it was within two lengths of the winner.
3) Last run must be on a metropolitan track unless it is a city standard horse. This little method will give you plenty of horses to check out and regularly comes up with some good winners.
Remember occasionally taking odds on about a horse is like putting your head in a hot oven. Regularly taking odds on is like putting your head in a hot oven and closing the door!
Always check and see what odds the TAB and bookies are offering and take the one, which will provide the best return.
Horses that are true odds on chances are generally very short in the betting ring, often odds on. You are very lucky if you can get better than 6/4. Of course there are also plenty of true 2/1 and 3/1 chances or even worse that are offered at 6/4 in the betting ring. Bettors generally take the short odds because they feel comfortable knowing plenty of money has gone on the horse. If they lose, many other bettors lose along with them. That is also why many media tipsters like tipping the short priced favorites. They know there is no value backing most of these horses but because they accept that their tips are going to lose overall they want the comfort of being incorrect in the same way as most other judges.
Horse Betting Strategy
Winning on the Tote. It's not easy to make money betting on horses. That's why you can have two people both armed with the same quality information. One of them makes money over the long term. The other loses and after a while gives up. Here are some points you need to consider.
1) The aim of betting is to beat the races, not your home state tote.
2) If you are relying on tote odds only from your home state you are putting yourself at a huge disadvantage. You are effectively trying to beat your home state tote, not the races. You are more often than not even missing the best tote odds available.
3) You are also betting into markets of around 120%+ compared to significantly less for most Saturday metropolitan bookmaker markets and usually well less at top official betting ring price (TF or top fluctuation).
4) You will find it very difficult to get good odds about the best selections. If there is support for your horse in the betting ring you will often back it at the worst price, worse even than its official plunged starting price in the betting ring.
5) You will invariably miss out on backing winners because the price on your tote is too short. Were you able to obtain best tote odds or best betting ring odds you would have been on a winner.
6) When you do back winners you will invariably get way under the odds available. That will also cost you money.
7) To win long term at racing you need good selections and you need to get good prices about them.
8) That means you must shop around between totes from across the country and the betting ring prices.
9) Well over 90% of bettors are long-term losers. They lose for many reasons such as poor bets, poor staking and lack of discipline.
10)You can be the most disciplined bettor around but if you restrict your win betting to prices available on only one tote you will regularly miss out on backing value winners because the price is not available in your little part of the betting world. The price will often be available on other totes and in the betting ring.
11) Additionally you will regularly be getting so far under the odds available when you back a winner that it isn't funny.
12) Don't kid yourself. If you put yourself at such a huge disadvantage it is practically impossible for you to make a profit at the punt.
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