The trick in business is to find a niche market. Something that most
people aren’t doing. That way you get a market segment all to yourself
and you can then exploit it for all it’s worth. In Racing it’s no different.
People are constantly emailing us and contacting us to seek the golden
grail. In doing so they usually find a winning factor that they expect
will lead to riches.
Mostly, the winning factor does point to more winners but at a sadly
reduced average dividend. This is the problem. We have to look for the
area that most people don’t look at, and here’s one example.
Horses rising steeply in class. We recently ran a study of some 500
races and isolated those top rated selections that were racing a races
where the prizemoney was at least $10,000 more than the prizemoney for
their last race. The strike rate was very poor at just 15% or about one
winner in six. The profit returned on these selections was, on the other
hand, very, very good. You can see that informed judges would look at the
strike rate and determine that the chances of a win were indeed very slight
and then they would pass in favour of a horse racing closer to its true
class.
On the other hand, horses where the prizemoney factor went the other
way, were much more likely to win, in fact the strike rate was better than
one in four. The average dividend, though, was dramatically less. A loss
of worse than 20% resulted.
In the past year, Winform has rated over 8,000 races. Horses that were
priced at 8/1 or better and were top rated by our computer program and
assessed by our form analysts, only won slightly more than one race in
twenty. It’s a punters worst nightmare with losing runs frequent and extended
but here’s the bottom line.
Backing top rated horses that were at 8/1 or longer in the betting
market resulted in a regular and sustained profit.
As we said earlier. We are always being approached to advise people
how to make a profit. There is nothing easier than the above approach.
It just takes patience. We suggest that you invest only $1 for each $100
you have available. At one stage there was a run of just 3 winners out
of 84 bets, yet a profit was still made. This year (1998/99), winners prices
have been as high as $71.00 for a $1 investment and last season one winner
paid $141.60.
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