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Long Term Betting Strategies

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Replies: 61
By:
rogerthebutler
When: 22 Feb 13 08:53
How about this for a strategy.

Given 99.9% of us are told what to do every day of our lives and Cheltenham is a great big joyous relief from the ordinary and the mundane and a bit of a chance to dream then ignore anyone telling you which races to bet in and which bets to have.

If you enjoy the thought of a life-changing win a thumping great Festival Goliath-win bet brings, then go for it with every fibre in your being and I hope you scoop the bloody lot
By:
zilzal1
When: 22 Feb 13 09:32
RogLaugh Nice one

However, this is a forum about, err, Cheltenham 2013Plain where opinions are voiced, if no one said anything then it would be emptyMischief
By:
Diamond_Joe_Quimby
When: 22 Feb 13 10:18
I totally respect everyones opinion but don't agree. I think with the 5yo stat, you need to delve further. So many of these had no chance on form anyway. Of course you will have Losing Favs like Kribensis, Detroit City being another, but take DCity.....He didn't go a yard that day, he wasn't beaten just because he was 5. He was beaten because of an off day imho
Essex 9/1, Detroit City 6/4; Katchit 10/1; Celestial Halo 17/2; Binocular 6/4; Zaynar 15/2; Zarkandar 9/1.

Above is the list of horses since 2005 who are 5 and have started at 10/1 or less......You would have a level stakes profit backing them with one winner and 4 having placed. I don't think this record is any worse than the other age groups. One of them went on to win the Champion hurdle Binocular but imho, didn't improve from 5.
By:
rogerthebutler
When: 22 Feb 13 10:18
Indeed zilzal

...and that was mine.
By:
rogerthebutler
When: 22 Feb 13 10:23
Okay on a more serious note, there are clearly statistical trends, based on solid evidence, that are worth highlighting at Cheltenham

It just boils my p1ss when that topples over into recieved wisdom regarding what one should and shouldn't bet on (apart from - and I can't stress this enough -  not backing anything trained by Warren Greatrex and Charlie Mann Grin)
By:
judorick
When: 22 Feb 13 10:54
Since 2005?

Try the same stats since 1975 and see how you get on Or the whole history of the race. That's the long term not the last 8 years. This is what it is about. And why are you focused on one in the list? It's not about the individual strategies, it's about the application of such strategies to improve punting success and the list in my opening post is far from comprehensive. They are just the ones that I recalled in about a minute when I was typing.

Just made me laugh that post about 'number 1 rule, FLEXIBILITY' which is the complete opposite of what this thread was about. This is about identifying ways to avoid placing bets that have a long established and proven losing record. This is a way to improve your punting. I wish I had a thousand of them because over the thousands of races I investigate for a bet every year they would help me avoid many bets with a losing long term expectation.

I have forgotten the times I've seen someone post 'I know this is one of those long term loser types BUT I really fancy this one so I am betting it anyway' only for it to lose. This is weak and undisciplined thinking.

Anyway, I doubt very much this is getting through
By:
alleged22
When: 22 Feb 13 11:00
do you think racing hasnt changed since 1975 judo?
By:
CVByrne
When: 22 Feb 13 11:11
Joe Katchit won the Champion on his 13th start over hurdles. Which is the common amount of runs most Champion Hurdlers have when winning. He was even a lucky winner as Sizing Europe pulled back muscles when travelling all over them.

Countrywide Flame is very experienced for a 5yo, already had 11 hurdles starts along with plenty on the flat. So the horse has the experience Katchit had. Horse is just not good enough imv.

Also these 5yo running well one year like Punjabi and Binocular, then winning next year shows more improvement was to come.

This is delving deeper into the surface stat of 5yo have bad record.
By:
ReaseHeath
When: 22 Feb 13 11:26
Stats are a great framework not least because they encourage you to adopt a disciplined approach which involves analysis of the chances of every horse in the race.

I do occasionally deviate and back one on visual impression and opinion but equally I might be put off one on that basis who failed all the stats or reduce my stake if the horse failed on two or three stats.

Trends is actually a better word than stats because they do change over time.

In the likes of Coral Cup and County Hurdle, you can do both - back one on basis of opinion and one or two on basis of trends etc. Nothing wrong, imo, in backing 2 or occasionally three in races like that.

Countrywide Flame would be excluded by me in Champion Hurdle calculations because he is 5 (stats) and because he's unlikely to be good enough (opinion) - I might be interested in him in the County, his record in fields of 14 runners or more is 112 - the 2 in a 34 runner Cesarewitch (fact) and he just loves a scrap (opinion)
By:
ReaseHeath
When: 22 Feb 13 11:29
I would n't dream of knocking anybody else's betting strategy by the way - what works for me might not work for you and vice versa.

Hard work and trying to find a minority angle might be a common denominator though.
By:
judorick
When: 22 Feb 13 11:42
fecking pisses me off that you cannot get a proper discussion going without it turning into a '5yo in the CH' row. Should have left it out of the list ffs

this all started coz some guy put up a horse on the AW the other night as his nap. It was a 7yo and had never won a handicap. Long term horses like that make an enormous level stakes loss. In fact, they rarely win at all. So in terms of strategy, no matter how much you fancy it, no matter how good it looks on paper it is not a smart play to back it. As it turned out it was held up miles out the back and never put in the race. That guy could have saved that losing bet if he applied the 5 yo+ never won a handicap rule

Anyway, seems like I'm wasting my time.
By:
Diamond_Joe_Quimby
When: 22 Feb 13 11:49
Judricks Proper discussion = Calling people "Thick feck" and "Not getting through when they disagree" Laugh
By:
rubhahunish
When: 22 Feb 13 11:54
Surely not wasting your time if you've sparked lively debate, not much fun if we all just said "Spot on, judo, that's horse racing sorted, let's move on to football"
By:
buddeliea
When: 22 Feb 13 12:37
When it comes to Cheltenham always be aware that the unexpected can happen at anytime.
Be open minded and treat ever horse in every race on its own merit.Irrespective of age,jockey,trainer.
If it goes in the ground,distance looks ok and is in good form,thats the main thing.
Dont be put off with the price,plenty of nice priced winners every year.
If you fancy a horse for a certain race,back it,and dont worry about any stats/trends that say it would be unusual for it to win.
Dont be afraid to back more than one horse in a race,you will enjoy it much more if you have more chance of winning,even if yer profit goes down a bit.
Not much of a strategy,but if someone new to the festival asked me,thats what i would tell them.
Its done me ok over the years,in particular since i started to have more than 1 runner in a race.
By:
Steamship
When: 22 Feb 13 12:40
You're not wasting your time it's a good debate and some of us may learn something. Paul Jones book arrives early next week and since I have been getting that book 2007 I have had better Cheltenham, but because it has the top horses going I often have to back with my heart as well as head.

I think the way to look at Trends/Stats is to use them as an angle in to a race and you maybe avoid backing a loser.

My Tent Or Yours may well be the opening day banker yet this race is notably strong for the Irish and horses under 3/1 have a terrible record he is currently about 6/4.
By:
Steamship
When: 22 Feb 13 12:41
budd I certainly agree about having more than 1 in a race, dreadful when you fancy a couple and you go for one and the other comes in.
By:
booster
When: 22 Feb 13 12:58
Aren't Paul Jones' stats free already on ATR website?
By:
Hanbury
When: 22 Feb 13 21:59
Champion hurdle: only 6-8 yr olds. not the supreme winner, but placed horses considered 
World hurdle: never 5yos. never 10yr +,
RSA: never the feltham winner, but like horses that place in that race for the festival. look for horses rated 130 - 145 over hurdles, the  proper chaser type. Hurdlers rated over 145+ treat with caution, tend to be too short and over bet.
The Neptune: only consider the first four in the betting.
Bumper: just back willie mullins!
Choose four winners from last seasons festival to win a race. Doesnt have to be the same race. Level stakes profit to be made.
Arkle: discount horses that did not rate at least 140 over hurdles. 6-7 yr olds.
24 runner Handicaps: look closely at numbers 17 - 21. Especially foe Tricasts/Forecasts.
By:
duffy
When: 22 Feb 13 22:58
thou shalt not preach, would be my best piece of advice to anyone as regards betting strategy.
By:
tomdeane
When: 22 Feb 13 23:03
I think the one problem with these trends-based approaches is that it's too easy to assume people going against one would make level stakes losses because they would always do the same.

For example, the thread about Dynaste and the RSA has sparked a lively debate because Feltham winners, horses that have spent two seasons over hurdles before going chasing, and horses with long breaks all have very poor records in the RSA.

I don't necessarily think Dynaste wants to go as far as the RSA trip in a truly run race so I won't be backing him. However, for the sake of argument, let's say I do back him because I think he will win (basically ignoring the long-term trends). A lot of people would then think I'm a mug punter and would be a big level stakes loser, but because I have made the exception for Dynaste does not mean I backed Grands Crus, Time For Rupert and Punchestowns in seasons gone by.

In my opinion, those ignoring a trend do not necessarily back horses these trends suggest they shouldn't more than every once in a while. I appreciate the OP didn't want to get into the Champion Hurdle 5YO record here, but as another example, I have never backed a 5YO in the race. It wouldn't stop me doing so if I thought the 5YO in question was a likely winner, but I'd bet a lot of trends followers would assume I'd lost money on these types before because I've ignored the trend on this one occasion.
By:
liam the lips
When: 23 Feb 13 12:45
Stats or trends are something i rarely use as a punter. If u use them say as a way of eliminating contenders, a narrowing of the field then fair enough. They will always be broken by design though, u must be aware of that. The main issue i have with them is sample size, even if you go back say 40 years, this is still an awfully small sample size to be basing decisions on, let alone punting on.
A thorough knowledge of the form book allied to watching trainers traits is my approach as we are all creatures of habit !
By:
mepoor
When: 24 Feb 13 18:53
never back trainers out of form going in to it, they will have had few winners to test   water in last 14 days.
and more important dont just look see many winners they had ,look at all there last runners see if there anything you fancied and run below par ,or something at big odds run way above par.
also if trainers start well in first day thats a sure  sign they are trained spot on for festival and not slightly over trained.
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