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Profit from Horse Racing

Profit from Horse Racing

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Published by TheActuary
Why only a select few people make money from Horse Racing
Why only a select few people make money from Horse Racing

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Published by: TheActuary on May 20, 2010
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05/03/2013

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HTTP://HORS
 
E--RACING--TIPS.BLOGSPO
 
T.COM
 
Profit from Horse RacingIt is very easy to become sceptical when reading articles on the internet on the subject of makingprofit from Horse Racing when most appear to be inconsequential, devoid of any meaningfulcontent and written for marketing purposes to promote or sell a product or for you to become anemail address in their spamming campaign. What makes it even harder to sort the wheat from thechaff is that even well intentioned advice such as this will only get out there by using the samemediums as those used by the marketing fraternity. To put your mind a rest can I point out that myintent and motivation is purely to prove that a profit can be made from horse racing if you can showthe right temperament and patience. All the work and research, in fact, everything I publish on myblogs is completely free so I am NOT selling anything.From a very early age to the present day I have been interested in analytics. Pawing over GreyhoundRace cards from my local track looking for patterns and percentages at the age of 14 would notconstitute a normal childhood but it was obviously in my blood. During my evolution I always cameback to the same conclusion in that ‘time was king’. There have been times in life when frustrationgot the better of me and although the form books never went out the window they would be lockedaway out of sight. In time I would always return like a smoker without a cigarette; something wasmissing in my life if I was not studying form.My angle is based upon speed figures that I compile for All Weather racing which are free to view onmy blogs. One would think that a free service providing a yearly profit would be in great demandand during the highs visitors come in their thousands. I watch the peaks and troughs of trafficvolume as they mirror my own personal highs and lows. This for me highlights the one single factorwhich prevents so many from profiting from Horse Racing and I speak from personal experience.Most people looking for profitable horse racing systems or services suffer from the misconceptionthat what is being offered is a never ending stream of winner after winner and a bulging bankaccount within in days. Good opportunities are frequently passed over in favour of those who usefalse advertising and bold claims of instant wealth as their hook. The reality for those of us providinga service with some longevity is somewhat different. I have been making money from horse racingfor the past 5 years and I am sure I am not alone when I say I have little to no control over how muchprofit I make. I am also sure I will not be alone when I say I have little to no control over when theprofit is likely to materialise.Let me offer you this scenario. You have visited my blog and note or even possibly back the toprated horses in a 7 race card at Lingfield which subsequently lose. The next day the same thinghappens again. The third day the last 2 of the 7 win at 14-1 and 10-1. If you stayed with me over thethree days you have made a profit. The most likely scenario is that you did not come back on daytwo and if you did there was no way you were coming back on day three. The reversal of this wouldhave the same effect where the first two selections win at 10-1 and 14-1. At the end of day 3 youare still in profit but with the last 19 horses losing you move on regardless.For those unfamiliar with my work and that have not visited my blogs I will usehttp://horse--racing--tips.blogspot.comas I believe this gives the best examples. I publish to this blog the LTO ratings foreach horse running at an All Weather venue the following day. While I was breaking down profit andloss in to race types it became apparent that although it was profitable to blindly back my top rated
 
posted onhttp://horse--racing--tips.blogspot.com/, greater profit could be made by backing my toprated in Handicap races only. Handicap races did show a decreased strike rate but as they wereinvariably more competitive, the prices were far more generous and this accounts for the increasedprofit.Below shows a breakdown of progress over 2010 to date and what I believe to be a more realisticpicture and profile of a winning method.
January 2010 Summary
All top Rated 326 bets +42.54 points @ SP, Only Handicaps 208 bets +65.66 points @ SPSo a reasonable profit with lots of interest throughout the month but let us break it down day by dayand see if we feel so comfortable.Most people following my selections would be a little frustrated by the three periods of losssustained over three consecutive periods (4
t-
-5
th
Jan, 10
th
-11th Jan, 27
t-
-30
th
Jan). Then questionwhether to continue following my blog at the end of the month with 4 consecutive losing days (27
th
-30
th
Jan). This would also be compounded by the small profit on the fifth day of the sequence (31
st
 Jan)
February 2010
All top Rated 310 bets +122.03 points @ SP, Only Handicaps 181 bets +109.73 points @ SP
 
-20.00-10.000.0010.0020.0030.0040.0050.00
       0       1        /       0       1        /       1       0       0       2        /       0       1        /       1       0       0       3        /       0       1        /       1       0       0       4        /       0       1        /       1       0       0       5        /       0       1        /       1       0       0       6        /       0       1        /       1       0       0       7        /       0       1        /       1       0       0       8        /       0       1        /       1       0       0       9        /       0       1        /       1       0       1       0        /       0       1        /       1       0       1       1        /       0       1        /       1       0       1       2        /       0       1        /       1       0       1       3        /       0       1        /       1       0       1       4        /       0       1        /       1       0       1       5        /       0       1        /       1       0       1       6        /       0       1        /       1       0       1       7        /       0       1        /       1       0       1       8        /       0       1        /       1       0       1       9        /       0       1        /       1       0       2       0        /       0       1        /       1       0       2       1        /       0       1        /       1       0       2       2        /       0       1        /       1       0       2       3        /       0       1        /       1       0       2       4        /       0       1        /       1       0       2       5        /       0       1        /       1       0       2       6        /       0       1        /       1       0       2       7        /       0       1        /       1       0       2       8        /       0       1        /       1       0       2       9        /       0       1        /       1       0       3       0        /       0       1        /       1       0       3       1        /       0       1        /       1       0
January 2010

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