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TameTheTiger
18 Feb 13 20:11
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Date Joined: 27 Aug 07
| Topic/replies: 8,193 | Blogger: TameTheTiger's blog
Today I had 30 bets,all to win,level stakes. Is that too much to expect to make a profit long term ?

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Replies: 38
By:
pinstcker
When: 18 Feb 13 20:17
depends how many and at what odds the winners are
By:
hicksterthetrickster
When: 18 Feb 13 20:19
If you get a winner at 33/1 or two at 16/1. But sounds like too many to me.
By:
TameTheTiger
When: 18 Feb 13 20:21
10 winners,made 11 points profit.
By:
ADR_Brentford
When: 18 Feb 13 20:26
If you show a profit over the long term it's irrelevant isn't it? Sounds like to many to me though
By:
mange
When: 18 Feb 13 20:27
The last 2 SATS I havent backed a winner

The last 2 SUNDAYS Ive got me money back

Thats how MAD the game can be............
By:
stewarts rise
When: 18 Feb 13 20:29
How many races did you bet in? Only 21 races today so assume you're backing more than one horse per race.
By:
knot in wood
When: 18 Feb 13 20:31
just checked my diary,ive done 11 this year.
By:
TameTheTiger
When: 18 Feb 13 20:51
I found something to back in 18 of todays races,twice backed 3 in a race though only got 1 winner.
By:
Deltâ
When: 18 Feb 13 20:59
punting is just a numbers game - the more the merrier
By:
bannahan
When: 18 Feb 13 21:06
It's like roulette.... Just cover most of the screen in green LaughLaugh
By:
onlooker
When: 18 Feb 13 21:38
Betting in 18, out of 21 races .... from a simple 'Punting just to back a winner philosophy'.

No chance of long-term SURVIVAL - let alone ANY Profit.
By:
TameTheTiger
When: 18 Feb 13 21:55
Im not punting just to back a winner.Im hoping there is value in my madness. I do question if i can find value in that many bets each day.I just wondered if any long term winners back as many as me,and if not how many bets do they have.
By:
big aitch
When: 18 Feb 13 21:59
TTT, looks like you are dutching, which is not the same as backing 30 horses in different races, it can work very well if there are a few fancied runners in a race.

Did you try the triggered betting on Gruss?
By:
max stirner
When: 18 Feb 13 22:02
One, and Tuesday it will be Our Ivor. Only fatigue can defeat it.
By:
TameTheTiger
When: 18 Feb 13 22:04
yes aitch i used the triggered betting on gruss. Thanks for your help on that . I wasnt dutching,it was 30 win bets all at the same stake.
By:
stewarts rise
When: 18 Feb 13 22:07
The point is tiger if you're backing in 18 races, how much time can you have put into assesing the form for each race? If lets say you put in 3 hours after racing and 6 hours in the morning that gives an average of just 30 mins a race, if 10 runners per race average then thays just 3 mins per horse! Do you think that long term that is anywhere near enough time to put into assesing the chance of each horse to realistically make a profit!
Most of the best punters i have known would assess possibly 3 or 4 races per day thoroughly and end up possibly having a bet in one or two.
By:
TameTheTiger
When: 18 Feb 13 22:18
I agree stew,however, i dont spend one second on form study .
By:
stewarts rise
When: 18 Feb 13 22:20
How do you make your selections?
By:
onlooker
When: 18 Feb 13 22:21
^ Then you have NO chance, whatsoever.
By:
Lotone
When: 18 Feb 13 22:22
I'm with you Tiger.....who needs form
By:
thegiggilo
When: 18 Feb 13 22:32
You can actually break most aw races down very quickly especially if you know the runners and watch them run regularly enough,if you understand the standard times its even easier especially when finding a bet or decent price.Most of the aw cards i can do in an hour purely because i know most of the runners and understand the times,plus a high % of the races are very uncompetitive so i probably wouldn't see a bet at the prices,but it doesn't mean to say on a particular day you couldn't find ten bets as long as the prices are there.
But thats the usual catch 22,the picks maybe there but the prices aren't!Mischief
By:
stewarts rise
When: 18 Feb 13 22:40
Yes but you "know" the form Andy but this chap has bet on 2 jump cards and an AW card, presumably. If you "know" the form for a segment of racing it makes things a lot easier!
But this chap doesn't study form anyway!Shocked
By:
thegiggilo
When: 18 Feb 13 22:54
I would think thats pretty standard practise for a lot who use betfair stew,but then there's the opposite who say you can't have more bets,things can change overnight that could make the previous night no bets till the following day multiple bets.Things can even change 1/2 hour before a race where you've backed something strongly to where by the off you know its got no chance and like something completely different.That's why unless you know the formbook back to front you've got zero chance of winning,it's hard enough finding value even when you do!!Shocked
By:
TameTheTiger
When: 18 Feb 13 22:56
Horse Racing: £22.03  Total P&L:  £22.03

Horse Racing    Showing 1 - 19 of 19 markets
Market    Start time    Settled date    Profit/loss (£)
Horse Racing / Wolv 18th Feb : 5f Hcap     18-Feb-13 17:55     18-Feb-13 18:01    5.33
Horse Racing / Sthl 18th Feb : 2m NHF     18-Feb-13 17:00     18-Feb-13 17:04    1.52
Horse Racing / Wolv 18th Feb : 1m1f Mdn Stks     18-Feb-13 16:50     18-Feb-13 16:52    -4.00
Horse Racing / Carl 18th Feb : 2m1f Hcap Hrd     18-Feb-13 16:40     18-Feb-13 16:46    -6.00
Horse Racing / Sthl 18th Feb : 2m4f Hcap Hrd     18-Feb-13 16:30     18-Feb-13 16:36    -2.00
Horse Racing / Carl 18th Feb : 2m4f Hcap Chs     18-Feb-13 16:10     18-Feb-13 16:19    -4.00
Horse Racing / Sthl 18th Feb : 3m Hcap Hrd     18-Feb-13 16:00     18-Feb-13 16:07    -4.00
Horse Racing / Wolv 18th Feb : 7f Mdn Stks     18-Feb-13 15:50     18-Feb-13 15:53    0.19
Horse Racing / Carl 18th Feb : 3m2f Hcap Chs     18-Feb-13 15:40     18-Feb-13 15:48    1.71
Horse Racing / Sthl 18th Feb : 2m Mdn Hrd     18-Feb-13 15:25     18-Feb-13 15:30    3.23
Horse Racing / Wolv 18th Feb : 7f Hcap     18-Feb-13 15:15     18-Feb-13 15:17    -2.00
Horse Racing / Carl 18th Feb : 2m3f Hcap Hrd     18-Feb-13 15:05     18-Feb-13 15:11    5.14
Horse Racing / Sthl 18th Feb : To Be Placed     18-Feb-13 14:50     18-Feb-13 14:58    0.00
Horse Racing / Sthl 18th Feb : 2m4f Nov Hrd     18-Feb-13 14:50     18-Feb-13 14:56    13.79
Horse Racing / Wolv 18th Feb : 1m4f Hcap     18-Feb-13 14:40     18-Feb-13 14:44    7.42
Horse Racing / Carl 18th Feb : 2m4f Nov Chs     18-Feb-13 14:30     18-Feb-13 14:36    5.52
Horse Racing / Sthl 18th Feb : 3m2f Hcap Chs     18-Feb-13 14:20     18-Feb-13 14:27    -2.00
Horse Racing / Wolv 18th Feb : 1m4f Hcap     18-Feb-13 14:10     18-Feb-13 14:14    -2.00
Horse Racing / Sthl 18th Feb : 3m Hcap Chs     18-Feb-13 13:50     18-Feb-13 13:57    4.18
By:
TameTheTiger
When: 18 Feb 13 22:57
only 2 quid stakes while im trialling Excited
By:
dave1357
When: 18 Feb 13 23:21
Total P&L:  £22.03

looks like you've found the holy gruel!
By:
roadrunner46
When: 19 Feb 13 00:48
if your doing the form should be able to bet at least 1/2 or 3 races on the card most days and 3/4 on great days
on average very lucky to have 2/3 very good days a week and 1/2 average days and 1 day a week you breakeven. how
many selections per race is a different set of criteria, usually you will be making extra selections in races
but they wont be value bets, just be cover bets. more study the less of these cover bets you will have to make.
By:
BJT
When: 19 Feb 13 01:54

Feb 18, 2013 -- 9:38PM, onlooker wrote:


Betting in 18, out of 21 races .... from a simple 'Punting just to back a winner philosophy'.No chance of long-term SURVIVAL - let alone ANY Profit.


Rubbish.  The whole point of punting is backing at value.  Nothing at all to say you can't back something in every race and make a profit.
I backed the favourite in every race for 18 months and turned 3 grand into 32 grand.  No form study.  In fact I haven't done form study in the 8 years I have been betting here.

Simple case of looking at where the money is, what the odds are across the boards, and backing the best odds you can get when you find something out of place.
Fav on the tote since the beginning has returned 90% straight out.  Back at 15+% better odds than tote and you win.  Simple fact.  Long shots closer to 60% return, so you need to back at double the odds, and you still win.

More ways to win at this game than studying the form.  Sure people can make it pay, but so can number crunchers.

By:
racingguru
When: 19 Feb 13 02:00
Response to Initial Poster.

Long long term winner on horses. Typically I'd have 2 bets per day weekdays and maybe 4-5 on Saturdays.Now maybe I'd have more if I bet hurdles too but I just do chases.

There is value in almost every race but that will differ in how marginal it is. The issue for me in betting many many races is how thin I'd need to spread my energies and analysis. I just don't see how you can look at 30 races in a day in sufficient detail to determine whether there is value or not. It would be a vague guess at the very best but more likely a complete guess in reality. The number of factors a pro looks at when analysing a race are many and analysis is thorough. Typically there are 6 chases for me to look at (2 meetings) and it would take me 2 hours and that is only so short because I have an online database of ratings/comments for each horse that I can pull almost instantaneously. Then checking back on visual information, determining other factors ground, trainer form, liklehood of being primed for race, course suitability, race shape ...........list goes on. Now I don't believe anyone can put in 10 hours solid of studying races for the next days racing which is what it would take me to do 30 races properly so from that standpoint I just don't see how you can win betting like that. If you are doing it long term hats of to you. My dinosaur thinking maybe wrong but to me its 100% impossible to win betting like that.
By:
BJT
When: 19 Feb 13 02:07

Feb 18, 2013 -- 11:21PM, dave1357 wrote:


Total P&L:  £22.03looks like you've found the holy gruel!


Come on mate, you must know it isn't the profit, it is the % return and the likelihood of keeping it with raising stakes.

But of course, with gambling, you can't base anything on a days profits, or a weeks, or even 6 months.  You can have a 20% positive expectation strategy that will still lose money after 6 months, but in the long term you will profit.  This game is about knowing your **** for the most part, but money management is by far the most important thing in betting.

Just have a look at professional poker players.  These guys that are happy to run around buying in for a million dollar cash games.  They go 1-2 years losing money on a bad run.  That is why they "run it twice" or "run it three times", because variance is everything, and it is your ability to overcome that that makes a winner.

By:
GT-MOLE
When: 19 Feb 13 02:12
ROFL BJT............thank fukc you are not my accountant or bloodstock agent.LaughLaugh
By:
thegiggilo
When: 19 Feb 13 02:18
What you've just said is exactly what i have been doing for 10 years the first 7/8 years in the summer i was doing 8amam till 2am everyday ,the aws different as i can sift through that and do a card in an hour ij general.There is a burnout point and i reached it two years ago i still work from 8am till around midnight in the summer,three years ago i was doing every single race now i tend to look at cards and will leave distances alone leaving all races around 1m4fs and upwards alone.I also don't do the form for most group races as there's very rarely value and a large majority of the bigger handicaps where the draw has no edge,infact a large majority of the better class racing is to competitive so most of my time is spent on the smaller tracks.Those tracks/meetings invariably where most of the price mistakes are day in day out.
By:
thegiggilo
When: 19 Feb 13 02:19
To racing guru.
By:
BJT
When: 19 Feb 13 02:27

Feb 19, 2013 -- 2:12AM, GT-MOLE wrote:


ROFL BJT............thank fukc you are not my accountant or bloodstock agent.


You do like to make random statements don't you.  Care to elaborate, or you just like to try and take pot shots?

By:
GT-MOLE
When: 19 Feb 13 02:40
No potshots BJT,sneaky feeling the OP has a nice full net.

If not............he/she/you need serious help.ShockedTongue Out
By:
BJT
When: 19 Feb 13 02:55
When your dad gets back, tell him to ban you from the computer and respond to my message.
By:
racingguru
When: 19 Feb 13 05:21
thegiggilo - Pro betting only appeals to me IF I have a better life than living the rat race. 2 hours studying form for next day (more if sat), 2 hours getting bets on, 2 hours doing the ratings of the days racing and maybe an hour entering it into the database is 7 hours of concentration. I believe if I had to do much more I'd get diminishing returns and would despise my work. Given that friday evenings are a must work time and that any breaks you take mean more workload when you come back I think for longevity and sanity in betting you need to specialise. For me its Oct - end of April - chases only.

Sure I forego a lot of opportunities but at least I have the confidence of knowing what I study I know better than the majority and as long as the betting profit percentage to stake is good you can always gear up the Kelly factor for staking.
By:
big aitch
When: 03 Mar 13 08:38
tiger, how is your system working?

I hope you are still winning.
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