Originally posted by Carnage at Taunton
View Post
And I can't let that pass without comment.
I'm not knocking the book approach - it obviously works well for many FJs.
But that approach doesn't suit everyone - in terms of having enough time to form study and having deep enough pockets to invest in lots of bets.
By just backing one horse per race you keep the overheads down to a much more manageable level.
And if you view the entire 28-race Festival as one giant-sized book for betting purposes - you are basically saying: "If I pick well and get on board at good prices I'll back myself to come up with 3 winners and that will be enough for me to break even and probably make a small profit.
"If I get 4,5 or 6 winners I'll be in clover."
I've always found that system works pretty well.
When friends ask me for tips during the Festival I always say you can't just dip in and out on a few specific races and expect to make a profit - and the race-day prices on the majority of Festival races are the pits.
You have to be in for the entire ride, and most importantly imo, get on at decent prices.
It's why I'm probably not going to have a bet in 4 or 5 races at this year's Festival. I've missed the boat on the prices and I don't think lobbing a big bet on a short-priced hot-pot is the way to profit.
Obviously it's horses for courses and it sounds like your way is very different to mine - but you can come out on top both ways imho.
Best of luck in March pal.
Comment