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How To Be Successful In The Game Of Skill

By Dustintorry | 24-Apr-2017
OBJECTIVE OF THE ARTICLE


This article tries to address few of the techniques which should be followed by the punting community.This comes on a backdrop of problems and confusions by the fans of this sport.This is commonly seen on day to day basis by most of us, hence this article describes few of the commonly followed practises in betting strategies and patterns.This article deals with three primary aspects of this sport.

MONEY MANAGEMENT


1)When you are betting on horse racing you should always set aside a minimum amount of money to be waged by you for your betting on day to day basis which is known as budget.
2)The next stage involves a set of preplanned rules and ascertain your confidence level on which these budgets will be rolled out which is investment.Every punter should have a preplanned design of the quantum of budget apportioned by him for his betting needs.On a day to day basis,if the budget designed per day is exhausted he should stop for the day and instead design a fresh budget for tomorrow.By exceeding the daily budget in terms of spend, the punting community will be heading for untold losses which is not desired on days which are negative.
3)The betting size should be the same as whats planned at home after studying the card. under no circumstances the betting size should vary from race to race. Thus having patience and broader outlook of happenings on that particular day's races as a thumb rule strategy.
4)In case you lose in the first two races or all three races as the phase may be, just walk away from the tote or the location in which the betting is happening.This will avoid going into financial strain not designed for the day.Chasing losses to recover will lead to further negatives.
5)Never increase your bet size after winning several bets in a row.It is suggested that in case you win the first two bets,stop further investment and go home. This is because racing as a sport will always lure you to invest further.So avoid coming into negativity after seeing success in the first two races.It is healthy procedure to take the winning amount home instead of further wagering.
6)Chasing or increasing the size of the bet based on your last bet is not recommended.


SUSTAINABLE DEVELOPMENT GOALS


Sustainable development goals deals with two aspects.

A) Aspects surrounding horses.
B) Aspects surrounding betting which is tote betting or bookie betting as the case may be.

ASPECTS SURROUNDING THE HORSES


1)First and foremost knowledge to be acquired on continual basis is to have a thorough knowledge surrounding the horses.
2)Horses are given various forms of trackworks which is basically divided into inner grass, outer grass, gate practise and mock races.Depending upon the condition of the horse these trackworks are given to horses and may differ from horse to horse.
3)An important point which should be noted by the punting community is that the centres like kolkata and delhi give trackworks of 400 / 200 metres while bangalore , bombay and mysore etc give 600 metres.
4)The hyderabad centre however give 600 metres track but the timing procedures are not in tune with other three 600 metres tracks.The punting community should be very clear on the different track works irrespective of the distance and timings.
5)One should know what is penetrometer and How does it play a significant role in the outcome of different races planned for the day.
6)Importance of false rails and how it plays a role in the outcome of the races.A punter should also have the knowledge of different equipments used.
7)The punter very importantly should have the basic knowledge of illness and injuries which the horses have gone through. Most common example is breaking of blood vessels.


ASPECTS SURROUNDING BETTING


1)Book makers odds will be based on what they expect the general public to play.
2)This leaves smart punters to find great value opportunities where the general public opinion is plain wrong
3)Keep in mind that bookies win because they don't gamble.
4)Punter and the bookmaker are the same when considering a single transaction,but multiply the premise by hundreds and the bookie is not gambling, he is simply balancing the books.
5)Punter pays the money first which means they are exposed in terms of risk when a mishap happen in racing.
Ex : Breakdown, Slowly away from starting gate, Dropping the rider, Null and void etc...

LEARN TO HANDICAP

You will need to know a few things before wagering :
1)You will have to buy the daily racing form.
2)Make a note of in form horses, jockeys and trainers this season.
3)Notice how jockeys and trainers pair up. Some trainers will use a certain jockey when they have promising runners.
4)Figure out how the track is playing. You need to watch the early races if a pattern is developing in races.
5)Check out the track workouts, a very fast workout may indicate that horse is coming into form and a slow workout can be sign of trouble.
6)Avoid betting on a Favourite horse that has just moved up in class.
7)When the track is heavy and slow, give preference to front runners.
8)Don't bet on money favourites.
9)Give an extra point to an experienced jockey on longer distance races. A jockey's ability assumes greater importance as the distance increases.
10)You must be selective when choosing the races to bet. You will not be successful if you bet on every possible race.
11)Never bet on a horse which is returning to the track after a long lay off. Horses that are significantly laid off, tend to not perform to their standards because they need a race to get back on track.
12)Notice the change in equipment of a horse. For example Blinker's are designed to sharpen the horse's focus.
13)Try to keep records of your betting.

Well that wraps up my views. I'd like to close by thanking you for reading.


Post Your reply

15 Replies

Kumar_blore said ...

02-May-2017
@raghavan,
You are absolutely right is what I feel and people like me who attend? only prime racing centers.
Biggest reasons according to me is that we are little familiar (can't guarantee though) with the intentions of certain owners who compete at prime centers and with some knowledge might guess at what odds the owner+trainer might try having spent many years in this trade.
But you can still see people playing huge amounts in small centers,reasons being they will be well connected with people who bet big and you can see certain success with such khabars in small centers.you ask them a reason for betting big and the answer you get is information.
Racing will teach everyone just information won't help in the long run,some serious study and finding value bets might help.
On the other side of someone is well linked to big bettors,see some success and then quits racing will be a winner.tell me how many will quit after witnessing success stories,so Doomsday is near to everyone involved in racing unless we learn the trade and if we can't make profits atleast minimise our losses.

Raghavan said ...

29-Apr-2017
@Rksh,

Right. But as long as the people desiring to download their financial weight have a conservative mindset and bet as low as they can, no problem.

Even today, I saw some punters punching tickets to the extent of 10k, 15k.

My firm view is BNG & MUM (to some extent HYD also) punters can bet the amount they desire and can afford. For Ooty, big bets (5000 and above) should be avoided. But, I have no answer to their question "what difference is for Ooty/Delhi etc. At MUM, BNG the horses are running. At other centers also horses only are running"?

Rksh said ...

29-Apr-2017
One and Only thing

THIS IS NOT A GAME OF SKILL!!!

Those who wanna decrease their financial weight are welcome!!

Ramiyer said ...

26-Apr-2017
Excellent,informative,nice to read and remember.Congrats Dustin.
Dear Krish.As usual hilarious one.,the last sentence.I not only keep money to go back home but also think about the immediate expense waiting at home.So coneyance to home,Expense at home plus next morning going to office conveyance also I will keep.I feel this is the most important quote from you to all small punters.

Santosh Kumar Vk said ...

26-Apr-2017
Budddy,
The Sage Throws in the Towel Already ,
Thought u were made of sterner Stuff.
Regards

Krish said ...

25-Apr-2017
Excellent write up appreciable. Most important, please remember to keep some money for auto/taxi to return home after the final race.

Buddy said ...

25-Apr-2017
Thanks CRK for the kind words - even winning a little in the long run amounts to loss - the other side of life gets destroyed- winning little cannot compensate for that- only winning BIG can compensate which is like a mirage.

I can win in the long run have the know how- but how much is not certain and this lifestyle/stress I have had enough -at 58 my priority now is health first, risk free income or nothing ........next!

Mad Max said ...

25-Apr-2017
@ Dustin Glory

You are copied the article from Internet and taking compliments from those who read it first time. Give credit to the website from where you have copied it. You are a genuine blogger helping race goers with tips and comments. So you have more responsibility than others. Thank you.

Siddharth said ...

25-Apr-2017
Excellent write up by one of the best tipster in Indian horse racing

Srrsingh said ...

25-Apr-2017
It's all well. Presently allmost all playing on tipsters tips or information. Otherwise some horse knowledge persons like give some deep study results some members following.

Saggittarian said ...

25-Apr-2017
You have summed it up adequately. The suggestions can be more forthright - like maintain the unit of betting(never increase and decrease) irrespective of odds.

The number of bets one can go in a day is two irrespective of results.

Most importantly to control the urge to bet immediately after a successful
bet in a hurry unless the race fits in your scheme.

All this subject to your possessing a reasonably good handicapping tool/system.

Crk said ...

25-Apr-2017
@ Dustintorry and Buddy,

Well said Buddy,it is a tough game,similar to some reality show,where one by one, the contestants are eliminated in different rounds.Discipline is what is lacking in most of the punters,which takes a heavy toll financially as well in the personal and professional lives.The aspect of gambling begins as a side activity,but slowly engulfs all other aspects of the punters' life.

All that is mentioned by Dustintorry is right .Follow it as also any other lessons from one's personal experience-success may be slightly enhanced with failure lurking round the corner.The key is only discipline,frankly speaking nothing else really matters.

Buddy, I believe has retired and out of the game.Now a sure shot WINNER in more ways than one. Right, Buddy?

My suggestion : Sprint out of the gate,while you still can.Maybe, one day I too will,hopefully.The chilled Beer without the race book in front or the leisure family outing without a care in the world is of course a little too tempting.

Adios.

Arpan Kasar said ...

25-Apr-2017
Well said...totally agredd..nowdays no1 thinks so deeply...nowadya all just cme to earn without any study or any information.dis above informatiin is very useful and also very helpful

Rakesh said ...

25-Apr-2017
Just play the winning horse..and rake up money and sit in every evening with black label Daniels chivas..

Buddy said ...

25-Apr-2017
Its easier to be a doctor/engineer then to become a professional sports person - Its easier to be a sports person then to be a winner in gambling 'in the long run' Simble observations with my loads of experience!

Horse racing has become like test cricket 'less takers/watchers' - Financial success can be easily got even with a decent level job, its a sure shot money in hand every month and with time/experience the rewards get bigger - in racing it will go in reverse gear when your aim is to go forward.

The main drawback when you do betting on a regular basis every other thing around gets diluted goes bad - its only racing that takes precedence in a 'regular punter's mind'- this is probably the worst mental state to be in!