Originally posted by Lobos
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That said punting is very much an individual thing, and a I fully respect anyone taking a different view or approach to me.
For example, I remember being utterly convinced that Royale Pagaille would go down the novice route two or three year ago, and you were certain that he'd run in the Gold Cup. You were right on the money. My logic was clearly flawed
And that's the point really. Ahead of time, we're just guessing. Just using as much information available as possible to make our best guess. In this instance we just differ on our interpretations, and therefore take the opposite view. It's good fun doing so though. It's why I enjoy this place so much. I like someone to change my mind, or add in information I hadn't considered. So much of what I do is based on trainer habits and information, and in this case I've just not heard anything yet that would make me think differently. If I did though I'd get out of my position, or at least reduce it. I'd rather that way round than not have the position at all though.
In this instance, we differ on our stance because our approaches are different. You only back horses that your confident in, and at prices you like. I want anything onside that I think can win, and I'll adjust my position(s) as the season goes on as new information becomes available. I'll also lock a profit in on any horse I can, as early as I can. With Constitution Hill, I'll probably be able to do that just on an entry. Even more so after a first win. And hopefully I can still have plenty running onto March with no risk. 5/2 now down to 4/11 on the day gives me loads of scope.
The problem is with the reverse approach, he'll be odds on before you have sufficient criteria to be able to back him, and essentially the Champion Hurdle either becomes a dead race, or your backing something each way hoping something happens to him. Either that or playing the without market in the lead up.
Anyway, all that set aside I love these debates we've had over the years. They're good fun
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