Sunday, September 29, 2019

Horse Race Betting - Be a Big Fish in a Small Pool

Horse race betting is no different from other aspects of modern life, the people who succeed are the celebrities and experts. We all know the ex jockeys, gurus and others who present horse racing on TV or write about it in the newspapers. They mostly come from a strong racing background and have been involved in the sport for many years. If anyone could be able to pick winners then it should be them. But look at the evidence.
Every week a panel of 6 experts, ex champion tipsters, professional backers, race commentators, statistical experts and the like make charity bets on the TV show "The Morning Line". With this amount of experience you would expect a high rate of success. Surely these  bets donated by a large bookmaking company on each selection should be the experts "nap" of the day. However, I am sorry to say that had you followed all these selections you would be well out of pocket.
If these experienced experts cannot get it right what chance does Joe Punter have? The answer is none at all if you insist on trying to cover all types of racing. Even specialising in just the Flat, National Hunt or the All Weather racing can be daunting. You would do better to chisel down even further.
As an example you could specialise in National Hunt Novice Chases. The first point that you will note is that statistically far more favourites win these races than the norm. Over the last 20 years 43% of favourites have won in novice chases. Next delve down and find out which trainers and jockey have the best record in these types of races.
There are also some courses that statistically are better for favourites in Novice Chases than others. Currently favourites in chases do best at Stratford, Warwick and Wincanton. Novice chases at Ascot and Kempton show the worse returns for favourite backers in chases. This is knowledge that the vast majority of punters simply will not have. By specialising and becoming an expert in Novice Chases (or which other type of race is of interest) puts you in a really good position to profit.
So far I have not mentioned the most important factor in the selection process, the horses themselves. By specialising you will probably know more about most of the horses that compete in Novice Chases and be in a good position to assess their potential. These days thanks to TV and the Internet it is possible to re watch past races and read in depth form notes. From those you should have a pretty idea of who can win a race and which horses will struggle. That kind of information is money in the bank.
The secret is simply to pick your specific area of interest and then read and watch as much as you can about it. Simple facts like which trainers like to have their horse's ready first time out can be as good as money in the bank.. The more you delve the more you will learn which can only help in the search for profitable bets.
OK so you will not be a "horse racing" guru but you will be one of the leading experts in your particular specialization. It can be very profitable to be a big fish in a small pool.