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Is It Still Possible To Make Money By Betting On All Races?

By Chanakya Kaushik | 25-Jun-2019

It has been universally believed that by betting on selectively on few- 2 or 3 races a punter can become a winner over a period ( month, season or more) ...

But by betting on ALL RACES OF THE DAY it is not possible to become a winner - is also an age-old belief -most of the punters, experts and analysts believe.

I want to prove them wrong....

I've already proved them wrong by betting 'on all races' of the day during current Bangalore season which ia almost halfway through and I intend to do it for the remaining part of the season by winning ; while BETTING ON ALL THE RACES OF THE DAY!

MY SELECTIONS WILL BE POSTED ONLY 20 TO 30 MINUTES BEFORE THE FIRST RACE ON THIS SITE...

Post Your reply

33 Replies

Chanakya said ...

02-Jul-2019

Bangalore season  is  halfway  through and  we  have  progressed  well by  betting  on  ALL THE  RACES  OF  THE  DAY.

FOLLOWING  IS  THE  SUMMARY OF  OUR  EFFORTS.

To  calculate  my  winnings  I would  have  preferred  Mumbai odds , but to prove  that  even  closing  odds  of  BOL race book  available everywhere ,also give  enough  returns , here I'll  use  closing  odds  of  BOL to satisfy  DOUBTING  THOMASES!

 

 First  day there  were  7 races  and  I  played 1,3,4,5,6,7 races.. 

the  returns  were 17/4,8/10,1,3/2, 8-2, 8-17/4-1 giving  me  a  lead  of  16 1/4 points..

Second  day I played  races  no 2,3,4,5,6,7 and  got  a  profit  of  8 1/4-5= 3 1/4 units.

Third  and  fourth  day  I lost 4 3/4 and  4 3/4 units reducing  my  gain  to  10  points.

5th. & 6th day  I was  plus  by only  1/4 and  1/2 points.

7th. & 8th day  I was  plus  by 5 1/2 and  5 units.

9th. day  I lost  11 1/4 points  but  on  10th day  I was  plus  by 1 1/2 points.

11th. day I lost 5 3/4 points  but  on  12th.  day I won  18 1/2 points.

On 13th day  I won  4  points.

 

Therefore,  after exactly  half  season my winnings  gave  me  28 1/4 points  which  becomes  more  than  Rs. 56,000  if  converted  to  money.

I  hope  to  increase  it  to  100,000 by  the  end  of  the  season.

wait  and  watch... 

Chanakya Kaushik said ...

01-Jul-2019

@ Auriga,

My  choice/selections  are  given  on  my  blog and  the  result - profit  or  loss you  can  calculate  from  the  closing  odds given by COLE/BOL/VEL  racebooks.

Remember - if  you  are  a  serious  punter;  winnings are counted  only  after  a  period-  a month, aseason or  a  year. Every day's  win/loss  has  no meaning  and  relevance... 

Auriga said ...

30-Jun-2019

Hello Mr CK,

 

What happened to your choices and results this weeked?

Chanakya said ...

29-Jun-2019

@ all,

Bangalore  season is  exactly  halfway  through and my exercise/experiment/betting has  reached  a  milestone which  will  become  a  millstone  around the  neck  of a  parallel thread. As a response  to  an  earlier  thread by  GP, I  started  posting my selections to  prove my  conviction  that with  a  backup  of  good  system and method  it  is STILL  possible to win by  betting  on  ALL RACES  OF  THE DAY!

13 days racing  is over, 92  races were  run; my  selections  were posted before  the  races were  run and I can  claim that by  betting  on ALL RACES  of  the  day I’ve  won  a  substantial  amount . As  usual someone  is  going  to  ask  the  proof.

Proof?

 Taking  the  closing  odds published  in  a  race book  called BOL,  betting  on  all the  races  of  the  day, I have  won more than 25+ units after  deducting  the  losing  bets.

My  betting  unit  is  2000  and  I’ve won  more  than  50K ( from  18/5/19  to 29/6/19 about  1 ½ months) and  I  hope  to  end  the  season  with  a  win  of  100K.

Chanakya said ...

27-Jun-2019

@ all,

This exercise or  adventure ( many  will say  that) is  an  attempt  tp  prove  that  a  good  handicapping  system  and a  modified format  of  betting  can enable a  handicapper  to get POSITIVE  ROI , even  if  he bets on  ALL  races  of  the  day.

This  is  neither  a  challenge  to  anybody  nor  an  invitation to  follow my  selections.

Till  now , almost half   of the season  is  over - 12  race days are  over my  ROI  is  very  good,  inspite  of  betting  on  ALL  RACES,  and  I  hope  to  retain  the  same  till  end of  the  season;  though  earlier  I wanted  to  stop after 1/2  of  the  season i.e. on  30/6/19.

Any  body  who  has  a doubt  about  my  winnings   can  even  use the  odds  offered  by Bangalore or  Hyderabad  bookies, which  are  readily  available  in  BOL oe  VEL resultbooks.

Im  not  going  to  spoonfeed  these  doubting  Thomases... 

R.ramesh said ...

27-Jun-2019

Betting and winning in all races is impossible. If one can do that, he need not earn money elsewhere. He can straightaway come to racecourse daily.

In 1980's races were won for pride by owners and trainers. Now, it is entirely different. One has to be cautious before entering betting arena. 

Select 3 to 4 races per day, have a deep study in all the 3 races( avoid seeing records of other races which you have striked out ) wait patiently for your race to come.

Encouraging the punters to play all the races is not advisable because even our sure shots have only 40% chances of winning.

Shyamkopalle said ...

26-Jun-2019

Firstly racing is hypnotic and one needs to attend all races in order to know the running of the horse and betting trend.you can make a killing provided you study,odds, market and need to have 75 %luck on your side.like horses for the cource for instance in Hyderabad you get good odds for suraj to Trevor unlike other sources,you need to have an ear to the ground, racing in Bangalore is easy, next best is Mumbai.overall 80 %punters loose and 20 % of punters party after winning and as all punters know the inherent risks in racing they take the drinK before entering the course.racing experience comes from years of experience.

Krish said ...

26-Jun-2019

@ Raghavan,

Your reaction is appreciable!

I support his statement of winning possibilties and not his betting action, return on investment and his ultimate winning success. It raises my eyebrows!

Aravind said ...

26-Jun-2019

Many people's in this forum contribute lot of things. Some even says they play and win every races. One thing all members must understand that no punters r fool. They all experienced and knowledge. Secondly present days are not for punters to win on Merit, handicap,jockey etc it's totally controlled by Owners,Trainers, bookies. Some one told abt Sahara , but he failed to understand that this time the horse was running on promotion.then how it had chances?

There are instances where ist second third favorites horses not even made to Board. In such races punters who or how big he may be but end up in loss.there are instances even 50 paise for place money horse not even finished in the board.

So it's not study,workout etc it's need luck also. I went to course with 50k to play only Be safe. Waited till that race and unfortunately races earlier had my calculations winning, placing.but I didn't cared once I lay my bet on Besafe entire money gone. Had I played earlier races wud have made big money. It's fate.

Its every individual punters to decide and play as per his mind. If he gain he is lucky if not it's bad luck. I also ask a question to these big writers how much they earned in betting in their life time? 1 crore? 10 lakhs? I m in racing since 1970 not a big punter earlier days but untill this day I earned 7 lakhs and lost 15 lakhs. But I like this sport than anything else. If race is run on its merit nobody can beat me in selections.

 

Chanakya said ...

26-Jun-2019

@ DIK,

Raceclubs, trainers, jockeys may  have some  understanding  among themselves   does  not  affect  a good  handicapper to identify  a  likely  winner.

you  have  to  develope that  knack.

 

@ SUN,

welcome back after a  long  absence.

I'm  sure you are  conversant  with  fluctuating  odds  in  the  ring and  also  must  be  aware  that  the odds  on  a  favorite usually ( not  always) drop down as  the  starting  time  comes  closer...

You  may  also  be  aware  that  odds  differ  from bookie  to  bookie  and  from  center  to  center( Bangalore may  offer  different  odds than  Hyderabad).....

Even  then , while  I  compute  my  win/loss based  on  Mumbai  odds , which  always  were  better than  othe  centers; for  a change - just  for  technical discussion; I've  computed  my  returns  based  on BOL racebook's  CLOSING  ODDS (far  below actual  odds)  and  the  net  result  shows  that I am  PLUS  BY 20  UNITS !

You  may consider one unit  as  a  tenner or  1000 or  2000 (  my  basic  unit).

Remember,  I'm  betting  on  ALL  races  of   the  day  and  many  times  on 2 or  3  runners in  the  SAME  RACE!

My  choice is  posted  on  my  blog (now  on  this  forum too) and I  play  only  win, rarely  place and unit  is  2000...

 

Sun said ...

26-Jun-2019

@ Raghavan,

I have been not active on HT for sometime but when I see a post from Chanakya it is very interesting to follow your posts on the topic through which you want to bring his post to a logical conclusion.

You have asked for lots of information to arrive at his Winnings but you forgot the most important point the Odds he got.He is not agrreable to compute Winning amount with Tote Dividends.Normally he bets on a horse at its peak Odds without exception and some people were in utter disbelief that how he could get such Odds.

If Chanakya Saab is listening let me announce on this forum his choices,Type and amount of bet (need not be on all races a big concession) and show that he made profit for the rest of the season.

Chanakya said ...

26-Jun-2019

kolramsri,

Thanks. I really  need  it.

Jays,

Yes, I'll continue.

Krish,

In  this  exercise,  my  betting  will be  only  on FIRST number  of a race and  not  on others. But when  I  put 2  or  3 or 4  numbers within  bracket, e.g. (3 8 5) my unit  bet  will be ON ALL THE  3 NUMBERS.

Chanakya said ...

26-Jun-2019

@ Roger,

I'll  post  before  the  first  race, maybe  20  to  40  minutes before  the  first  race.

 

Full  Moon,

thanks. I'll continue  till end  of  season and  hope  to  proved  right...

 

S C Sharma,

I'm  neither  doing  self- praise  nor  challenging  anybody. I'm  trying  to  bring out  the  'hidden' facts  only; nor  I want compliments  or  rewards  from  anybody...

I'm  just  trying  to  prove wrong an  age old  belief  that betting  on  all  races will  lead to  loss; I  may  succeed  or  fail only  will  be  known at the end  of  the experiment. At  the  moment  I've  positive ROI...

Chanakya said ...

26-Jun-2019

Sanjay,

Thanks  for  your good  wishes.

SSPP,

I appreciate  your  point  of  view. But  I  feel you have  not  understood  my  point. By  betting  on  2 or  3  races it  is  possible  to  get  a  positive ROI - most of  punters  will agree. By  betting  on  EVERY  race it  is  not  possible - everybody  thinks like  that. My effort  is  to  show  that  it  may  be  possible  to  get positive  ROI even  by  betting  on  ALL races.

Lucky Laxman said ...

26-Jun-2019

Nobody in the world can make money by playing all the races. I had experience of more than 40 years in racing field. It is highly impossible task of making money by playing all the races. Chanakyaji I can challenge with you in this regard. If it is the case then post your selections well in advance and mention your bettings for at least one month. 

D I K said ...

26-Jun-2019

Dear 

Chanukya

Really i like your opinion  but i would like to say about tipsters 

  Step:1  The race run by race club , and the race club have a control 

Step:2  Trainers have tai up with the bookies 

Step:3  Jockies also tai up with bookies

Now how to tell the merit hourse should be win , 

all the race should be gamble , so betting punter s please be care full when you bet the feverate hourse .

Tipster s not able to give the correct winnig hourse , so all the betting punters play the race has your  mind set 

Satish said ...

26-Jun-2019

Nobody can make money in racing. You may win on one or two days, but overall  you will be a loser only.  The more you bet , the more you loose

Raghavan said ...

26-Jun-2019

Small still poor punter,

As far as I can see, Chanakya has only stated that he has won.  He has not given the name of the horse, the odds offered and the returns he got.  

So do not go to the extent of congratulating him.  If he is a winner and you want to say one or two good words, at least ask for the amount he won!

Do not expect any reasnable response from Chanakya.

Fooling you, Photofinish, 

Chanakya expects everyone to believe him and no body should ask him any cross questions.

Full moon, Jays:

Best of luck to you.  

First Chanakya has to prove that he is winner!  That is he should furnish the list of his successful bets/odds.

If you believe that one can be on winning side in spite of betting all races in a day, you can definitely follow Chanakya!   But, I go by the wisdom of race analysts; not Chanakya, even if  Kailas-vasi Parameshwara gives tips, I will not bet on all races.

Krish,

You are a tipster with reasonable strike rate.  I do not think you require support of Chanakya.

Kolramsri,

I think you have stopped betting!  

S C Sharmaji,

Chanakya is a man with high level of head weight.  It is the readers who should appreciate his work.  But, we see that he is himself the biggest bluff master.  

Anyway I am happy that there are some people at horsetalk who call spade a spade!

Krish said ...

25-Jun-2019

chanakya kaushik

Yes. Each & every race clubs provides oppotunity to make money not only playing WIN but also in SHP & THP.  I also prefer to bet 2 horses with good odds leaving suspicious favorites.  For example, In the field of 10 horses your winning chances are 1: 10 whereas by playing 2 horses winning chance increase to 1:5. Remeber by playing 2 horses your winning odds reduced by 1 no problem you do not have control over odds.

Jays said ...

25-Jun-2019

 Chanakya ji ..It's appreciate work.. please post u r post ..we need this ..

Kolramsri said ...

25-Jun-2019

Chanakya...Best of Luck to you.

Raghavan said ...

25-Jun-2019

Well.  Good luck to Chanakya.

He posts only 20/30 minutes before the start of the first race!  Why so much haste?   He can post leisurely.

Except Bangalore, at all other centers mobile phone charges are prohibitive.  So, it is not possible for anyone to read or bet on his selections.  So far so good.  We thank Almighty for such small mercies.

But, I believe one can count minimum of 10 lakhs if one bets on all races in a day.  The only problem is one should start with one crore at the start of the season.

Chanakya says he has proved wrong the observation of so many pundits, race analysts that it shall not possible to be on winning side if one bets all races.  The said race analysts have proved conclusively that it shall always be preferable to  not be bullish in all races.  And the one who bets in all races will certainly be hauled up with bankruptcy charges.  

He is posting his selections in his own blog.   Realising that there are very few or nil visitors to his blog he is again trying to show off his so called talent/aptitude in this site. 

Well.  If he wants to make himself a laughing stock, no one can stop him.

A message to indiarace/horsetalk members.  Do not be reassured by such bluff masters.  Bet only in limited number of races.   Say 2 or 3.  That too the amount you can afford to lose.  If you win from those limited bets, enjoy the bonus.  If, on the other hand, your bets proved not rewarding, no problem.  There is always next day's racing.

Of course, it is your money , your decision and your bet!  If you feel srongly on any horse in every race, no one can stop you from betting.  But, my only point is it should be your conviction, your decision.  Not the one peddled by a man whose track record is THE WORST.

Kolkata, Pune & Hyderabad start from next month.  Delhi may start from Mid-August or early September.  Please ensure that you do not run out of cash.  

Chanakya is not a stranger to this site.  If he has indeed proved that his selections in his own blog were sure shot money spinners, then he could have as well posted those selections in advance in this site itself. 

At least let him say what were his winning bets, odds thereon,  in the 70 races conducted so far at BNG in this season.  I will demolish his claim.   There should be some limit to stupid talks.  

S C Sharma said ...

25-Jun-2019

Chanakya Koushik: With due respect and best wishes, I would like to submit that HT forum is not for self praise or for creating sensation or for making  any challenge or for creating headlines. It is a place for bringing hidden facts  out and  share real information and updates and experiences for the benefit of readers and horselovers and in turn readers leave no space or corner to appereciate and compliment you if you are successful and deserving.  If you carry your work with sincerity,  responsibility, dedication and transparency, you will definitely  be rewarded and complimented beyond belief but leave this job for readers.

My thanks to Rajaraman, Godzilla, VenkateswarluGupta, Vision, Ramesh, Chandulal, Mak-95 and Any,  for expressing their valuable views freely.

Full Moon said ...

25-Jun-2019

Hello Chanakya,

Please continue, am one of the followers of your posts

Best Regards...

Roger said ...

25-Jun-2019

Please post before the races as to what you are backing.After the bangalore season ends waiting to see your result.

Smart-still-poor-puntet said ...

25-Jun-2019

Mr Chanakya Kaushik, First let me congratulate you for maintaining the winning streak all through the Bengaluru season despite playing all the races. However, what I did not like was your unwanted statement that "I will prove" (that it's possible to win so for the entire season). What you want to prove and to whom? Please dont take racing so seriously because it will be very hard to retrieve yourself when things start going tbe opposite way. Why it's generally suggested that one must play only selected races is because by doing so you reduce the proportion of losing, and avoid playing races that look confused. 

Photofinishravi said ...

25-Jun-2019

Why you are making fool to punter can you please satisfy your claims in next 4 meeting by putting selection in advance before the race no problem even you put the same 2 minutes before but it should come on screen before the race.

Falls statement i do not agree.

Fooling You said ...

25-Jun-2019

If you want to proov that you have made money in Bangalore season so far you must give the calculations with odds. Don't just make tall claims.

Ashokmysore said ...

25-Jun-2019

Dont fool ignorant punters they allready lost on suraj and trevor you are adding fuel to the fire by saying bet on all races This is my view sorry if it hurts u

Noble Eagle said ...

25-Jun-2019

Chanakya ji, strange, veteran like u can say that. many like me can dare say u cannot make money by betting on every race. my odds is 20/1.will gv u 5 race days .

Sanjay said ...

25-Jun-2019

good luck

Sameer said ...

25-Jun-2019

Let see...are you a man of your words... 

 

Any said ...

25-Jun-2019

No need of all this