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The Mistakes Thati I Made As A Punter

By Smart-still-poor-punter | 20-Jan-2020

Hi Friends,

If one analyses the severe 'onslaught' punters are receiving in different race courses across India, it appears that a large number of them are likely to call it quits sooner than later. However, that's not my subject of focus for this post. I want every punter to pause for a moment and see what has actually cost them so dearly in the last 2 to 3 months. Almost every Classic is against their choice, isn't it? Declaring that 'Juliette' will win the Indian Derby and Invitation at this stage is nothing but a foolish claim (even if it wins). This kind of euphoria is what destroys a punter. It's time to look at your mistakes that you make. 

I would like to make a start by placing here what actually cost me so much when I was a punter for almost 25 years up to 2014. You can see if you are also committing the same set of mistakes or do you have anything more than that?

1. Prepare my mind according to the money I carry to the course on a particular day. For instance, if I load myself with 25k to 50k, I used to follow favourites, whereas if I have only a few thousand rupees, my eyes will search for second and third favourites (without any logic or reason?). Selecting 1 or 2 horses for a day and back whatever little money you have is the best way to play racing but how many of us do that?

2. The fear that catches me after losing the first race. I remember whenever I used to pass the first race, my day used to go well (or at least I used to feel so?) as there will be little amount of pressure to follow. On the contrary, when I lose my very first bet, I used to think many things. Suddenly a cloud of sweat used to engulf me as if I have failed in my Board exams?

3. Unwanted opinions from friends and unknown ones. This is what usually took me on the wrong route on most of the occasions. For egs, whenever I pick a 'good' outsider and share my opinion about its winning or placing chances with friends or in a group, there will be many discouraging voices like "no Sir, you are thinking too much" (as if I should not think beyond first or second fav?), "What happened to you Sir, are you having lot of 'free' money?", "Better don't waste your money Sir, best thing is to omit the race" and "animal is good but jockey is bad" (or the other way)?

4. Too much of study. There were days when I used to burn the proverbial midnight oil to clear a card, thereby deriving 'enormous' confidence for the next day's races. Even if one race goes according to my study, I used to get a feeling that all other races are inside my palm. But very soon I used to get fooled one after the other?

5. Going by 'chalk piece' theory. There was a period when I used to shun preparations and visit race course without any study. All I used to do was to watch how the odds vary and back in the last minute seeing the fluctuations. Here again, while I was finding success here and there, finally my money went in the drain?

6. Telling lies at home and coming to race course. Once I had 2 or 3 lakh rupees with me and I was in Mysuru. My brother was in Chennai and cautioned me against playing the full amount. He wanted me to keep two-thirds of the money for subsequent race days. But the Kolkata Card (with B Prakash and C Alford taking on each other all through the day) looking so impressive, I refused to obey him. When Prakash won as an outsider, I played Alford as favourite and vice-versa and in 3 or 4 races I was emptied. The second half of the card was all my selection?

7. Preferring the jockey rather than the horse. On several occasions, I had preferred Aslam Khader over Pesi Shroff only because I liked the former so much. But I had seen Shroff making mince meat of the race many times. Aslam was not to be blamed but me because in racing, we must first give preference to the bloodline, its prepration and past runs rather than blindly going after the rider.

8. Borrowing money on interest and punting. I had looked a fool whenever I used to borrow money on interest (or take bank loans) and punt. The value of money was never known to me in such cases because the money came to my hands by simply signing a few papers or over an oral assurance. However, the difficulty in repaying the money had made life quite miserable later and one of the prime reasons for my quitting.

9. Compromising on family interests. On many instances, I had ignored my family to be in the race course on a Saturday or Sunday. I had missed important functions in family and left them upset. But that was what I also got (upset) in the race-course by evening. The curse of causing pain to our own family and trying to enjoy ourself in the race-course is something that is never forgiven.

10. Always going for WIN and no PLACE. I had this problem. When I used to like an animal at 3 to 1, I blindly backed them without even thinking for a while that 60 paise or 70 paise (or even half money) place is worth taking risk when I play 5,000 or 10,000 rupees? If only I had followed playing only place bets, I think I could have saved lakhs of rupees? Playing place bets always proved a very safe option than going for on-money or even money favourites.

I have few more points to raise but want to leave the space open for others allow to join me. Thank you

Post Your reply

69 Replies

Iimblue said ...

24-Jan-2020

It is a fact that majority of punters do not know about handicapping and blindly follow favourites. Some others follow betting trends or inside information. Some may not even buy race book. Rarely  they may win but what chances such people have in this system? I have seen hundreds of people who lost everything including self respect in racing. SSPP is right in expressing his views. 

I cannot how one can attack Ruchi .I have never seen anyone catching outsiders like Ruchi. One need not be right always. It is enough if your thinking is in right direction. 

Lightningstrikes said ...

24-Jan-2020

Dear SSPP, your wonderful and skilful writing is absolutely lovely to read it's an inspiration for many barring the few that are against your views , please ignore and continue to write your experiences on racing and related matters , you know besides losing there is a much bigger word it is actually more venomous than all  disgraceful words , it's called Jeslousy and many suffer from this ego to be taller having boastful and stinking pride , that's why so many tantrums and burning of the belly they are worried you write better than them , so sad I feel for them , you just concentrate on your writing skills as many over here can benefit from it , thank you for the inspirational advice 

Rksh said ...

24-Jan-2020

So @Anil  and @ JK ,, U have made a living out of Racing.....hahaha....Good stories...Well u might have dreamt in sleep to have a racing life like that!!

Jp said ...

23-Jan-2020

The heading is"THE MISTAKES THAT I MADE AS A PUNTER" and my reply is "THE WISE THINGS I MADE AS A PUNTER".

In my replies I had not given the full story of mine. 

1) I started going for the races from high school days. My pocket money was one tote ticket.You need lot of luck and I was lucky to make few hundred rupees without knowing handicap,allowance carrying jockeys,draw numbers and everything connected with racing.I entered racing and immediately fell in love with horses. No news papers in the house and I used to go to the public library to read the track reports. Even to get the news paper in the library I had to wait for 30 minutes. I had a good memory and used to remember names of horses with good track. I used to play only with track reports and some time horses ridden by big jockeys. The knowledge enhanced due to the Hindu carrying weekly report of all the 3 big centers in their saturday paper. The paper had very good reporters and their choices were outstanding. I was able to earn pocket money from races.Then I got employed. From my salary I will pay my room rent,mess bill and have some money for my visit to see my parents. The remaining balance was set aside for racing.Those days there was no off course betting and as I was from Bangalore and racing was only in summer. So I used to come to Bangalore races with my surplus only.

I used to calculate my 1 day salary and I was happy if I made profit of that much amount.So many days I was happy going without any loss. I never played all the races. I played 2 or 3 races only. I got married and I used to set off my income to all the necessities and surplus was accumulated for races. Yes it was a roller coaster ride in races. I never borrowed,pledeged to go for races. I was lucky to solve few JP and triple pools.This money I invested in a bank deposit and interest was used for racing.

Due to my Offcial position and transfer I was not attending the races for nearly 17 years and I started after my retirement. My earlier investment had grown due to my absence from races.My retirement bennefits were invested in housing and marriage expenses of son and daughter. My depositt which I had made from races  had more than doubled since I was not going to the races. Now I am using the interest portion for races.

Last year I had a good oppurtunity to invest in stocks I withdrew this deposit and invested in shares. Within a month I made a profit  of 150% by selling those shares. Now my corpus for deposit has doubled and I am using the interest for racing. Yes, I may lose some days but I make up some other days.Even now I am happy that if I go with X amount and come back with X I am happy. You can say that if I had not come to the races my amount would have further grown, But,after retirement and children well settled you have to enjoy your passion. I am not borrowing,I am not touching my retirement benefits and using the interest from deposit made from racing and winning further or losing them makes no difference to me. My Motto is simple:I LOVE HORSES AND RACING AND I NEVER WENT TO RACING FROM THE SCOOL GOING DAYS TILL NOW TO BECOME A MILLIONARE"

There is no use of any big knowledge about racing and the main thing is the luck factor because when I was lucky as a school boy with no knowledge about racing but I had no money.

Anil Xk said ...

23-Jan-2020

Dear, 

I never boasted that being winner

Those who read my post understood that I am winning only 7/100 win bets and 13/100 place bets, but manages the show by systematically placing amount.

I continuously lost 17 times on a horse owned by Rkw trained by Antia, every time I doubled amount for place..lost heavily...then only I understood that , it is a Placerville but born at Equus. I got back investment on earth sensor in next month.

To my colleagues, Just one suggestion, do you invested money in racing by studying all risk factors....if not go back to desk and study....

It is a wonderful game which changes per day and season...some time winner may carry upto 30 kg etc....

So analyse all factors , if you are confused just not to play...the money is absolutely yours and you are answerable at month end audit

 

Anil Xk said ...

23-Jan-2020

Dear All, This is the first time in life ,I was termed as a villain. Thanks for all.

When respected Sssp pointed some mistakes happened to him I suggested some points to recover from it. No any gambler will feel happy if he was not in business.

At the entrance of Kranji course( Singapore) a beautiful notice can be seen , " This is not your life, Life is full of out side". 

To lead a happy life, balancing the factor's is necessary. Most of the racegoers are very loving husband's and their only problem is race.

I am  with an NGO associated with NIMHANS for long, helping people from different kind of mental dis order's.

Many of my friends make funny comments on me, saying how you can advice a drunk addict as you drink's daily. 

My reply is so simple , I stared and continues drinks for last 30 years, never drunk more than my wish. 

Till the day I never advised anybody to gave up drink's, but suggested to reason out the need of drink's.

Let it be..come back to racing

Every losing punter blames trainer and jockey for adjustment..

But I never do..I think why I missed that point to lose...

An eg- Son of Amberflash a grey horse owned by Adithya Thackeray..called great estate..is running in Bangalore.Being an enthusiastic punter , I used to visit course with the help of a journalist card for morning work outs. That grey horse is so musculine trained by S. Moses, it was ridden by Srinath, who just completed apprenticeship. I found the horse was so lean in a work out and it became favourite on a Saturday, but lossingg 28 kg, it ran a tame deadlast but just 4 lengths from winner.

After two weeks the same combination is running with 22 kg up, I found that the horse is looking so attractive , and played each way 178 Rs is the winner dividend.It is a gamble played by connections on weight.

In 2007 December for hkjc cup, I was in hongkong only to watch two majestic horses, Viva pataka and Dylan Thomas.

Coolmore stud allowed Dylan Thomas to travel to hkjc due the pressure from fan's.Viva Pataka lost by short head and in next race being favourite Dylan Thomas ran dead last by 12 lengths irrespective of being favourite. Being interested in pedigrees , I always study carefully stud farm notifications. Coolmore declared that , Dylan Thomas was drugged to recover his potential, as he slated for next breeding season. I am happy to avoid that great horse from betting.This is a rare instance, so racing is not just card study...it is the decision by the punter to take whether to loose or sustain( not told gain).

And how many of knows about tubing, I written an article about tubing in 1996 in a magazine , but that practice came to India by 2012, thanks to a Mumbai trainer who is a good human.

So the tactics are not the same, the tricks are not same, so punter also to be updated and knowledgeable, how many of htians share handicapping technics on free of cost....

Be happy, be updated be technically forceful then only can recover losses or earn money. 

The friend who asked me that whether I am a winner ..

I can gladly say that the tours , I done across Asia and Africa is enough to say..and all from this mighty race course of Bangalore.

So giving up half a mark is not suitable, as it never inspires you.  Assessing the mistakes and gaining the lost ground (I feel heroic). 

One more observation 

After the Indian derby in 1996 Jimmy fortune requested to Mam to retain him on Ministerial for invitation cup in Bangalore, and mentioned it in the hindu Saturday race analysis. Keeping in mind I kept tracking Ministerial and that horse is given work outs in so early. But for invitation cup crown treasure is favourite trained by Darius and owned by Mallya,shop is so awesome 15 Rs win 212 shop, and I played it shp believing that ministerial or amazing grey may beat him.Just minutes before race I found that ministerial is walking just like a determined soldier...I still carries the majestic look of that athlete in my heart...just played it win with all balance amount....I am so lucky that he prevailed in short head and 7 horses are in photofinish ...

 

Ruchi said ...

23-Jan-2020

This thread has just touched 60 let me post and then it's sure to cross 100 as I am the punching bag on HT

I FULLY ENDORSE CHANAKYA and Anil views ,I do believe that done events are definitely MADE TO ORDER but with study, handicapping and close scrutiny of past runs one can be close to WINNING and profitable be it WIN or place.

But at same time I fully agree and believe that

FAMILY IS FIRST

RACE AND RISK VERY LIMITED WITHIN LIMITS

NEVER BORROW

BE SELECTIVE

NEVER EVER DREAM OF BECOMING A MULTIMILLIONAIRE by racing not possible

Be happy with small gains

That's it there is no game like exciting racing and I am relishing it for 45 plus years now

Vijayakumar said ...

23-Jan-2020

On seeing sspp's  open heart postings, majority of the racegoers baring a few have now realised the evils of puntings in racing and started to  think over it. I am looking forward to more such postings from this gentleman.

What has impressed me a lot is the magnanimity of the Admin ,HT iwho is publishing all the comments both appreciation and criticisms without any restriction though the subject is generally against the manner in which racing is conducted across the country.

Thanks Admin sir.for having publishing all the debates  without any biase.

 

Smart-still-poor-punter said ...

23-Jan-2020

Hi Friends, Feeling really sad to see that this post, written with good intentions, is coming under sharp criticism, notwithstanding the appreciations showered by many. It's like a rehabilitated drug addict advising the next generation to be aware of the dangers of using drugs. Having seen the extreme ups and downs as a punter, I only feel it's my moral duty to throw caution at regular intervals so that those engaged in digging their own graves get away from such an act. I have nevwr said anywhere "stop racing" as I don't have such a right but don't I enjoy the freedom to express myself without hurting anyone's sentiments? I will continue to come up with such posts that may benefit a section of the punters, directly or indirectly, and what best others who hate my posts can do is not to respond anymore. How can anyone criticise me for contributing to HT only because I gave up punting in 2014? Is it not a big achievement that someone who lost everything in racing in a span of about 25 years has bounced back to thr mainstream in just 5 years and leading a life of dignity? I just want to say that every coin has two sides. It's for the individual concerned to decide which side he wants to be. There is life beyond racing and this word of caution is only for those who care to recover their lost ground. To make or break is in your hands and not mine. Thank you

Buddy said ...

23-Jan-2020

SSPP- has poured his heart out - even the people who say there are winner's they say its only max 5% ...so SSPP has more right to give the sob story ,kudos to him .....Let me add those who lose its not only money its respect ,health ,confidence,time spent- ammunition to fight back,restart all goes down -no one will help a gambler who has lost it all ...the winner has money but they become indiciplined , other vices creep in their life but they can still recover ,fight back because the money is still there .....

Simple calculation , over the year's everything has become MORE in India -but in racing the Owner's -Punter's even Bookies have faded become less!

Golden Viper said ...

23-Jan-2020

THIS SUBJCT IS N OW REACCHING  A FLASH POINT

Writers are vying for each others blood followed by personal attacks Last letter from m e  ,The staus of punter s out of 100

5 %  winners  15% ones borders lne cases just surviving [ones like me\

Rest 80 % are outright losers. they carry one a s l ong funds last or quit. 

Racing is a bug see the writer quit in2014 yet comes back in 6 yrars to keep writng on te same subject\

Another one who claims to quit in cal choices today  say if  I had a bet ------ 

So guys those who are in it will stay put .the losers [heavy ones] will keep cribbing here 

So for punters like us life will carry on  .quitters may please excuse us.

Cruise_b'lore said ...

23-Jan-2020

Hello Kolramsri,

Good morning.

I believe that Anilxk made his claims ( positive ) in reaction to SSPS's negative claims. If SSPS says he has failed in his endeavour to make money at races Anilxk has made counterclaims ( positive ).  What is wrong in that?

People laud when someone ( SSPS ) says his racing experience was bad and berate when one another ( Anilxk ) tells that he made money.

Both the explanations of SSPS and Anilxk are post the race. Isn't it?
One says that he lost and other says he gained.
One states why he lost and the other gives explanation as how he won.

That's it. Nothing more should read into it.

regds,
Cruise 

Kolramsri said ...

23-Jan-2020

Dear Cruise. Good Morning. This post is opened by sspp admitting his total failure. There ends the matter. I don't know, why so many jumped into the bandwagon and made it even more morose. I share Chanakya's anguish, in not many come out in the thread (system accuracy)opened by Glasgow Prince.

I still believe there could be a light at the end of the tunnel.

Those who could not afford race betting, Pl leave. Here also some posted gains on very few occasions, to make it appear those were the only bets played by them, till now. This alone is not a source for encouragement to go for race betting. Posting Gain after race results is of no use. The punter wants to make money. whoever comes to help, I welcome with folded hands.

Raghavan said ...

23-Jan-2020

Anil Xk,

SSPP has narrated his flashback.  People are reacting.  Of course, it goes without saying that all (99%) race bettors are losers.  Let them speak.  Let the number of replies touch 100.  What is harm in that?

I do not see any justification in you getting irritated or taking objection.  There are some letters from you as well.  You have also narrated your flashback.  

Of course no one compelled us to visit race course.  No body had guns pointed at us and forced us to bet.  All bets from us are voluntary.  Some people blame trainer, jockey etc.  That is more out of frustration.  Even those speakers also know very well what they are talking is utter useless.  

You say the reason for loss is lack of knowledge and patience.  I think you should add one more reason.  Manipulation by owners/trainers.  Certainly they are not goody goody babies!

As long as there are no vulgar words, we should not act moral policemen.

Raj-original said ...

23-Jan-2020

@Anil 

So what are u? A winner in racing? 

U have miserably failed to understand the good intentions  of so many.

Don't Wait for Waterloo to engulf you completely.

And you have fan in the form of @ cruise . Which is surprising.  Both will regret your comments one day which may not too far.

Cruise_b'lore said ...

22-Jan-2020

Hello Anil,

Well said!
You hit the nail bang on the head literally.

regds,
Cruise

 

Anil Xk said ...

22-Jan-2020

This thread is going wild

Everybody tries to be victim...

Who dragged you to course....it is your own will and desire invited .  

Most of the people think that racing is adjustment... really it is not.

Most of the punters never seen or read rule book of jockey/ trainer/ steward..and continues to be punter for many years....

The reason for loss is basically lack of knowledge and patience.

Learn handicapping and create your own method

Find best suited handicapping club for your taste ,follow it avoid losses

Never invest money which you can't afford,

Racing is science and maths with a little bit of luck in last 20 metres

Every jockey must ridden out a horse in last 200 Myra, the instructions will play upto that mark,and equipment will play a part in straight

While doing a project in Mumbai, I used to visit course in early morning to watch workouts , it is long back..A horse called Algeciras, the best son of christofori from nanoli stud, giving training by shrewd catrack.That horse is starting for gallops more than ten lengths behind every time.It ignited my thoughts , I invested on him continuously by believing that it will give me a good amount, and it happened.

Same way during morning work outs many class one jockies given track to one mount trained by Sriram komandur. But during race day he was booked to ride by apprentice Suraj narredu, tote is fancying by showing 400 plus.....My heart beats a lot..why Shroff,Srinath and Appu given track to this runner and why they are sitting on other mounts...that horse(sorry to forget the name) won on record time with exactly 420 Rs on tote...luckily played it and got money...

Environment, decision,moment and figure out the out come will pay rich dividend 

How many of the so loss crying punters tried to create a positional histogram at critical distances of every 200 m, if you analyse so you will get a good place prospect.

Racing is an art of solving a puzzle like sudoku

It's vastness is non commendable...try to solve that puzzle and enjoybit...do not follow loosers who duck behind (hen pecked)...Thank you

Crk said ...

22-Jan-2020

@ SSPP,

Thanks. I appreciate your sincere efforts. A few may look in the mirror and come to some decision, the majority will simply move on. The addiction is overbearing, hence blind to the pitfalls that stare at them. So, let us accept the fact ...THE SHOW GOES ON!!

I have just one suggestion for the good tipsters in this forum, and there are quite a few. No need to name them.

STUDY AND ANALYSE just one or two races thoroughly and give your choices, if possible, with reasons. It will serve a dual purpose...the strike rate will improve considerably, as also guide others to bet sensibly and learn the intricacies of the selection process.

 Something good may possibly be the outcome of this thread if not, someone finally calling it quits. That would be really something.

SSPP...Thanks again. Sorry for the digression. GOD'S own country surely has kept you on a tight rein, sober and free from this cursed addiction. My good wishes SSPP.

See you at the turf. I mean,the IR.com!

Chanakya said ...

22-Jan-2020

@SSPP,

This  thread  has  evoked  few  sensible responses but none of  them or even you have  given  a 'satisfactory' answer to  the race addicts - what  they  should  do  to break-even  or start  winning. Bet  less, bet  few races is  not  the  remedy- it  is  to  live  with  the 'nasoor' (unhealing  wound)...

In  another of  your  thread on  21/12/19 you  said it  is  not  possible  to  make  profit from  racing...   my  response  was - I'll  prove  that  it  is  possible...

I've  started  posting  my  selections from  29/12/19  ON  THIS FORUM  in  the tips threads  of  Mumbai & Bangalore and  have GAINED a  profit  of  more  than  40 units( Rs. 80,000)  as  per  the  'closing  odds'  published  in  BOL racebook by BETTING  ON  EVERY  RACE  OF  THE  DAY!...I'll stop  posting  when  I  reach  50  units( Rs. 1,00,000) which  I  hope  to  achieve before  Indian  Derby  day...

I accept that your  10  points may  be  followed ;but  to  win  from  racing  they  have  no relationship..

To win  or earn  from  horse-racing  a punter must :

1) develope a  handicapping  system

2) test  its 'performance'  on 'past races'

3) analyse failures, remove  mistakes

4) improve  system till it  reaches a  break-even point  or  above  it

5)  test  the  'improved' system  for  at  least  one  season

6) many  more - but  above  5  are more  than  enough  to  enable  a  punter  to  survive without losing  money  or  peace ( piece?) of  mind...

Suman Deep said ...

22-Jan-2020

why big names like you didt write about how to eat this favrts horse ?

with explanations?

that will help surely some punters coz this is the trend goin on now

@godzilla @sspp @racebro @madmax many more please open the thread with this topic also why this favrt horse will not win , i feels like bng , mi, and pune  rest courses odds varies so much on go but still it will helps for some people i guess

Jp said ...

22-Jan-2020

I never said that I can predict before hand. I said when you look at the race card you know the entries,field and jockey. Even now I feel from the entries for various races on Derby week end  one owner is sure to do a double or triple. The horses have to run on those days and then you can predict. When Temerity lost the Indian Derby sacrificed for the sake of Sarjant at arm's I was confident that Temerity will win the Invitation. My big bet was on it @ 7/1. That weekend MAM stable had 2 winners and 2 horses placed one in the Invitation and another. I had the best weekend. 

The main reason for losing is chasing the favourite. Moreso when you start losing. There is racing everyday and you can wait and play.

Golden Viper said ...

22-Jan-2020

A  letter by  aloser [about 10 to 12 so far]\

reply by losers  praising

I am a bit confused most here have said they have quit racing,  have th  ey really done so? Losers will be losers.than why write here.

Anil kapoors famous  saying  Thnk postive be positive 

Why not also lecture smokers  why  onty  racing folks.Do you think  by  these negative vibes some will give up racing?

Such wrong  idiaes in life    effects  your thnking proccess in other areas  aslo 

In other words LEAVE US ALONE!  We enjoy racing

Smart-still-poor-punter said ...

22-Jan-2020

@ Mr JP : I too have cleared many Classics (even at 10 to 1) when I was at my "helm" in racing as a punter. But the fact remains such "flashes in the pan" happen after several hailstorms hit us and we are reduced to nothing. Please understand that. A fisherman can so a lot of patience because he knows his fish is there in the waiting. Can you tell me with full confidence which horse is going to win a race next week or the Indian Derby or Invitation? You can't. That's the wlid magic of horse racing. Slowly but surely, you are losing yourself fully, much to the dismay of your family and in full witness of social shame. I am not trying to exaggerate things. Every punter ends his life with lot of sorrows. I experienced it. I want to help a few others to escape from it. That's all. Thank you

Abhishek Poman said ...

22-Jan-2020

Very good article sir , U have written all facts but it is an humble request to all racegoers that family comes first then rest as mentioned by many others do bet but play only limited races in day or week and I personally think no one can make money in racing , there are many among us that they bet heavily and after losing money on a single day they win a small amount and start thinking that their study has come true and the horse has won but they are not aware that before winning this amount they have lost heavily please think that is it worth betting anaylyse yourselves horse race is an addiction but yes there is an solution for every addiction everyone is requested in the group do bet but don't ever cross the limits take it as a sport and enjoy there is no point investing heavily in it keep one thing in mind racing will continue for lifetime but your valuable money will or will not last for lifetime if you are in racing .sory if I have disheartened anyone through this post 

Anil Xk said ...

21-Jan-2020

@Sspp . Every body can't control and train an elephant, same in marriage also. You lost because of the wrong tactics and ambition.

Setting a reachable target for the day and quitting at right time with out considering profit or loss will allow you to sustain.

This is an open forum where I can't enter names of my good friends.

Your ego never allows you to accept your mistakes. You think that you are highly educated and failed in racing due to adjustments in racing.No it is a universally accepted skill game a game for ritirees....no body forced to burn your time and money in racing it is you done with your own will

 

How to set a reliable target.Thinking that we are investing money on business, what is the max profit attainable ..it is not more than 20% same in races also.If a person carries 1k attainable profit is max 300 Rs if he divided bets into 4 equal units.

Remembering that amount spend is amount earned through hardwork, nobody sp3nd lavishly.

To play with out risk one must carry clean money..not tied with any commitments, Free time where frequent phone calls will disturb the concentration.

And observation and patience reading the moment and decision making.

I will tell you an example When Vijay Mallya contested to rajyasabha from Karnataka, with out proper support ,the election is on Monday races are on Friday and Saturday, I expected a coup from him. And he done it by winning dashmesh stud million trained by rr byramji, with 164 Rs on tote.I am dead sure that he will hit with longer odds.the horse name is some castle....and during multiple race days the owners will try at less fancied centre with better odds. After s ganapathy taken over traineeship, Mam stable not came on board on 5 consecutive races all are ridden by narredus, but in 7th race D Patel isvriding on Ramaswamy horse. I just gone to bookie and played(very rarely playing with bookie) and played it on 12odds. The tote opening is 200 plus but it is the hottest favourite on that day paid just 21 Rs on tote.It is just observation and decision making, but always it never work.

At 2007 ,I am at Malaysia, kl turf club to play, during that period Indian's and Malays are locked horns about various factors in Malaysia. Trainer Prakash Pereira had two runners at two events in which elite owners of Malay racing and politics are also having runners. The names of Prakash wards are Indian pride and Indian king.I just played both wins Indian pride given me 128 ringgits for a 5 ringgit ticket, Indian king got 78 riggits. It is the reading of the moment.

After 26 years of long run I still enjoys racing and never blamed any trainer jockies for any reasons.

One more incident , Shroff was entered in leagal battle against Mam, during his Chennai visit, but even with case is running, he ridden horse called Starsky in ruia cup for MAM, next race is Indian derby and b Prakash won with 78 Rs on tote, I played it blindly because Shroff booked for riding that horse by toddywalla, to test it.He changed its equipments after ruia cup and won Indian derby.

Patience, decision ,quitting at right time will help you to sustain.Only fools will play last penny and try luck, 

Venu said ...

21-Jan-2020

At the outset, I iike to say that you have chosen an appropriate name "small still poor punter".  In fact I like to steal this name from you.  

Yes.I have become an addict   and refuse to give up racing.   I l will follow your suggestions  of  "place punting" and "track searching" .It is difficult to  be "disciplined" and "EXIT". 

Prema said ...

21-Jan-2020

smart poor punter bhai kyon ro raha he brother jo chala gaya use bhool jaa if i  name u the trainers owners or benami owners or un ke horse pulling tactics or injecting there horses with ban injections for performance or negative performance. bro u r the most experience person in horse racing i appreiciate ur post by convincing us to avoid punting and day light robbery at all racing centres.one song for all racing patrons please admin sir dont delete my posting.ek din mar jayega kutte ki maut dost yaar sab bolenge mar gaya m .......enjoy racing sharma sir were r u pls some valuable inputs from ur side.always remember this name arcadia.

Sarvesh said ...

21-Jan-2020

Your story seems like knowing the climax of a film.it is a foregone conclusion that 98 percent of the punters are big losers in racing.there is nothing new.everyone is a master of his own fate.punters cant be preached.even yours truly is clueless.we are destined to be here and we have to live with it come what may.metamorphozization doesn't happen overnight .

Rajb said ...

21-Jan-2020

All can make money from Horse racing.

You have made many mistakes and lost money. First you must know when to play  ,how to play  and how to make money. first you must know that all the 365 days you cannot win in racing. But you can win only on 120 days in a year if you go to racing every day,

This is based on your Luck on those days.with out Luck you cannot make anything, Again your phase in your life will decide whether its good period or bad period. all these factors are there.

if you want to win on regular basis  first you must know you are in lucky period or in bad phase. second you must know your lucky days in a month. This can be with your lucky stars. if you are able to know about these you can go for racing otherwise dont go at all.you will be at loss only. But once you know your lucky stars and play on those days you will make 100%  profit. but it depends on how much you invest and what system you can adopt. so money from horse racing is possible. but many punters dont worry about all these and go and lose only. thats why record shows 95% of punters are losing.

I have observed for many years  and come to this conclusion .I bet only on lucky days that is only 10 days in a month and some times on those days good racing wont be there and i dont go.some other days some work will come particularly and i miss going. So six days in a month i go play according to budget and i get some good money which is sufficient for that month. How many can do like that. so planning have to be there. Definetly your lucky stars help in getting money. when bad stars are there you will not get anything and that goes to bookies only or to the club.

i cannot tell here how to go about and all as Admin wont publish my findings. if allowed i can give more particulars to all punters free of cost.  all need more patience and good planning to win in racing.        Thats all      

Raj

Cruise_b'lore said ...

21-Jan-2020

Hello folks,

The heading for this post ought to have been as follows - ' The Regrets of a punter'.

Most have just blindly done that instead of analsying the 'MISTAKES' as suggested in the heading.

All are just venting their ire. None pinpointing to the mistakes made.
The purpose would be better served if that is done.

regds,
Cruise

Vijayakumar said ...

21-Jan-2020

SSPP Sir,

Well said. Its really a severe onslaught on punters in all race courses  across the country in recent times thereby making them almost pauper by finishing the favourites in the rucks. Certainly there is understandings between the owners, trainers and Jacky's and almost all the races are predetermined ones to suit their whims and fancies.

The stewards who are suppose to check the malpractices are not discharging their duties but are only hand in gloves and partners incrime .

It's high time that the racegoers are wakeenup and call it a day so ad to save their future.

Time and again I insist this in HT which everyone knows including Mr. Skumar whom I think having some misunderstandings on my postings cautioning the punters.

Good day to all..

 

Sureshot said ...

21-Jan-2020

Respected Sspp,

I agree with the views of Mr. Chanakya.

I m also loosing.

But what Mr.Chanakya post is the reality of game.

Nobody is desire to understand the intricacies of game.

Perhaps u may be only after betting(addiction)

Please.try to understand race.analyse the race.Until and unless u conclude the event do not touch ur money in ring.

Well write up by Chanakya.

Rajaraman said ...

21-Jan-2020

Smart and  clever also,  we should be able punters to afford, Racing is not for aam aadmi how  much you ever you are clever  they will  still  they will find the way  to ruined  That's  Speculation i

Lightningstrikes said ...

21-Jan-2020

Wonderful topic from a professional I guess who has helping tendency for the hopeless and the confident , 

firstly let me also share some testimony of what racing can do to your life , I am a small time punter and never borrow or lend and it's been this way till now , I started racing just observing my Grandpa play in his earlier days now he is no more maybe the frustrations of losing ended his life sooner than expected . 
After my school days I started to work due to family circumstances and with the little money my parents gave me as pocket money apart of it was spent on racing , I still vividly remember the tickets punched with holes played at the Guindy course at that time I was 21 . 
Gradually racing as an entertainment or sport became a regular affair , no bad habits , no woman , no wine enabled me to play freely and as months to years this was the case . 
As I was a regular racing enthusiast to the  course I almost by hearted every book makers name , the stall and the money they made I had this superstition never play with the most influential bookies cause they could ruin you , simple reason , that's why they are rich , play small time with the middle men bookies you can make money . 

Just to share an experience I had , here was a Man , a solid looking guy , I just seen him on few occasions and on every race meeting he would just approach a particular bookie play his bet and just vanish , win or lose I would see him collect or settle his dues after the last race , a very well dressed guy lots of gold chains around the neck with variety of classic diamonds , diamond and gold wrist wears like chains sufficient enough to tie a dog and Rolex watch , his car was like a antic one cannot remember the name and his English was like Harvard type a very seldom talking guy and very reserved . 
It was one Sunday  to the course I seen this man play heavily in the first race he was very very secretive that no one should like see what he plays after backing the said Horse he vanished, I happened to see him after the last race paying his bookie a huge amount all in bundles , the next time  I seen him on another weekend of racing ,  he backed and lost and was found arguing with the bookmaker saying , here take my car keys it's all on this bet , I'm unsure as to the bookies choice of accepting or not but never seen this man for a long time till just last year I happened to see him , I was shocked to see him in the most pathetic condition he was poorly dressed , wore a long beard and looked liked he just came from hell , he had a worn out slipper with absolutely not one jewel on him like before and was later told by one of my friend he sold every shop and house he owned on racing and now lives on the streets . 
To me racing is fun it's like a sport it's very entertaining but , as long as we are not greedy or frustrated then it's fine , greed is a sin and greed can ruin your life and this  is what most punters or racing patrons suffer from , next level is frustration we use this word when we lose or play heavy on the first bet thinking the particular horse we backed should not have lost , frustration takes us to another level called desperation and desperation makes us closer to failure when these things act in command over us then starts the wilful act of defiance in order to win desperately and in most times this logic fails . 
The bottom line is to play as long as you want , if as long as you have the patience and self determination to make money in small ways , a little knowledge and with few selections from racing professionals in any said blogs or sites u may find   Its hard now days to pick a winner and moreover even people with great knowledge also fail so selecting anyone's choice is of are own discretion not blaming or cursing after racing when you lose , just concentrate on your choice , back it up if certain books or professionals  agree with your choice then play as much as your heart says , it's the confidence and determination that can make everyone a winner , having money is not the issue it's how wisely you play the game , last of all if you have luck in your favour then not even the owner ,the trainer , the jockey or the particular winning horse can stop you from winning , play safe live happy and healthy. 

Rajaraman said ...

21-Jan-2020

Hi Honestly  believe me are  not Iam the only Person  posted  AirBlast in Maiden for Win still  I lost my tkt that day followed with Double never ending  With  Thailand  for place  and Hyderabad My first  pick is Royal crystal I have my tickets still with me lost o Gazebo  Having 1&6 never ending 

Rajaraman said ...

21-Jan-2020

Very  Simple  it's  never ending  even Good Times  for  Authorities  Only and Only We can discuss how much so ever that's it 

Raghavan said ...

21-Jan-2020

Dahiya,

If you feel dividends for 55 place bets is comparatively less harmful to one's finances, you are welcome to try that exercise.  For the past 31 months, I have not taken a risk of even 100/- either for win or for place.  

Of course, I had mentioned that the place dividend in respect of 55 correct bets  will be less than win dividend of 20 bets.  You are not agreeing to that.  Well.  Understanding varies.

In any case, what I mentioned was only hypothetical/notional.  No punter can achieve 55% strike rate even for place bets.  

And when I say no bettor can achieve 55% strike rate, I am only talking about general punters.  There are some genius tipsters interacting in this site who are capable of more than 90% strike rate.  They win millions on a daily basis.  Follow them faithfully.  You will be millionaire in very short time.  Of course, you should start with 1 crore!

A D said ...

21-Jan-2020

The only effective way  to stop these rich robbing connections is to write a petition , signed by a few hundred punters from few centers, and sending it to our Prime Minister, copies to sports and finance ministers and also a copy to respected President of India requesting the govt to BAN horse racing in India. Till then,  these looting, manipulating connections will not stop their nefarious activity.

Today's racing is purely 80% made-up  / manipulated racing and 20% merit racing. All centers  top officials and big owners are involved in this wrongful act.

Jp said ...

21-Jan-2020

PART II: Please select your own choice and never change at the time of playing as advised from friends/others.

Avoid playing odds on favourite especially when there is one center racing and all India betting in other centres.                                                          Try to hedge your bet like each way or win one horse or place another horse. Like in Hyderabad on Derby day Lombardy was at 4/1 and Air Blast was 3/1 .I backed both the horses for win and Lombardy at evens place. In the Derby my bet was Consigliori and Vijay Singham win and Royal Cristal win small amount at 13/1 and place at 2 1/2 /1 (5k) and my profit for Derby was 15k.

Yes some races looks predetermined like My Precious winning and Sandesh and Trevor pretending on Majestic Warrior and Cormorant. Bad riding by Nathan Evans on Tudor Hall. Though it was my best bet for the day I avoided because of the jockey. Sandesh and Donoghue were available but the connections chose this jockey which gave me doubts about the intentions of the connections. It is better to avoid than regret later. 

 

Smart-still-poor-punter said ...

21-Jan-2020

Hi Friends,

     I am really surprised to see such a huge response to my post but can also understand that such a vast section of punters have been 'wound'ed in different race courses in recent times.

     I raised these 10 points only to show that making money in racing is not a possibility for 99% of punters, with a 1% exception always likely to prevail.

     Of all the replies, I thought it's absolutely essential to respond to Mr Venu's as he had said that "we need solution". 

     @ Venu : If you are sick or suffering from a particular disease, we can locate the best doctor and get treated. For those punters who have become addicts or refuse to give up racing, what can be the solution? "slow racing", "place punting", "track searching" and "discipline" or "determination" cannot be the solution to punters. There is only one way left and that is "EXIT". Having said that, there is no compulsion for any race-goer to take 'sanyas' but the earlier the better because once you reach the point of no return, who can help? The racing society is so malicious that even your good friends inside the course will be happy to hear about your downfall. No one will care to listen to you or lend a helping hand when you are going to be finally left in the lurch. My advice, therefore, is not "dor or die" but "now or never". Those who claim that making money in racing is a possibility, please leave them alone. Do you know how I quit racing finally? A doctor by profession, who lost everything in racing in Chennai, had some love left for me in him and everytime he used to see me betting and losing, he used to advise me about the serious dangers that await me.He used to repeatedly tell me that "even if you give up now, you can save yourself and your family." What a great advice ! I also took it wisely after all the battering that I received inside for close to 25 years.

     Let anyone suggest any other kind of solution, I can say with conviction that nothing will help in reality.

     Anil Xk has said in his reply that "I know many steady punters for long leading successful life". Mr Anil, if you can name even a couple of them here, not me but others reading this post with all seriousness will feel glad. Unfortunately, you can't. 

     I am not coming up with such "eye openers" every now and then just to satisfy my ego or out of jealousy with the present day punters. It's only because I am often reminded of those hard days that I lived through as a punter, I am coming to HT. I felt so happy when Mr Godzilla declared himself to be a "non-starter". 

     Before ending, I want all of you to carefully read the about 27 replies that had come here (so far). You can see that even those who have claimed that it's possible to make money have only spoken about limiting losses. No one says that he has been making profits in racing. Everyone is happy saying "my losses have come down" or "I have learned to limit my loss". So, it's only been a story of LOSS, LOSS and LOSS all the way, isn't it?? 

Jp said ...

21-Jan-2020

You should have some discipline to be successful or to keep losses little or be @ par. Nowadays there is racing every day and 2 centers races a day. Expecting to win all the races or maximum number of races is IMPOSSIBLE. If it was that easy many bookies would have closed their shops.  According to me the connections plan for their wins. We should also plan. For example the Derby day at Hyderabad it looked like a particular owners horses had more chances to win/place in more than 2 races. I entered the race course when Good Connection won the race. So this horse's owners had more chances that day to win or place in rest of the day's card. One more win they had with Lombardy and the next 2 horses owned by the places. Isabella was available @ 18/10 and the other two was @ evens. I backed places all the three.  I played Royal Crystal 1k win @ 13/1 and place 2 1/2/1. The reason being that RC finished 2nd in Hyderabad monsoon Derby and ran in class I in Bangalore carrying 60 kgs as a 3 year old and finished 3rd. It is rare that a 3 year old running in a class I race. I was also confident of Julliet placing in Oaks and the stable will try Swift Move in the last race. This horse had finished 5th in a 1000 mtrs race in it's last outing and stablemate finished 4th running last till bend. This stable mate won last week. With additional 600mtrs to go this was my best place bet for the day. Julliet @ evens and SM @ 3/1 for place I was happy to make some  good money. Very profitable week for me. 

You should have patience like fisherman with fishing rod in the lake. Wait for your day. Select 2 and Max 3 per day and play place if the odds are available. Keep the betting amount same on all bets according to your pocket. One of the best advise I received from a top trainer when I was a school kid was to play place. Even now another trainer who shifted from Bangalore keeps stressing me to play place and small amounts on win.

But one thing every body should remember is that you cannot become a millionaire except in Jackpots. You can earn few thousands. So many days I have visited the races just to watch some horses run to make note for classics. In those days there were no you tube or web sites or TV relay of races. I do not play all races. 

Venu said ...

21-Jan-2020

Hi. I have noticed that mostly all are agreeing that there is a problem.  I too agree that it is a problem.  Now lets get together and find a solution. Lets be constructive.  We have many brainy  experts in this forum.  Now put them to work.  

Clever said ...

21-Jan-2020

GOOD MORNING SSPP,

VERY NICE POST. IAM IN RACING SINCE 55 YEARS I HAVE NEVER borrowed a penny for racing after marriage I made a resolution cash for home is kept aside pocket money is given to my wife ,after becoming a father fees for my children school paid in advance for a year. I started saving cash for my son and daughter's marriage my son and daughter are married since last 12 years my son is got a lucrative job in USA.Iam free now I go to races when I fancy a horse to win I end up playing place out of ten times iam a winner 8 times IDONT play all races my selection is for 1 or 2 RACES that's it. Like on Sunday Hyderabad races my fancy were Air Blast and Paso Robles I played both horses place and I was a winner. The moral of this post is family first and then gamling. 

Hals said ...

21-Jan-2020

Of course this is the case of most of the punting community, you have come open but others could not. It is good you had quit. But it is very difficult for most people. But if people want to continue my humble request to those punters is please keep patience it is the key for success, thinking optimistic way. Try any method u prefer like jockey, trainer, connections etc, keep records, do some study n try to understand the options of the connections on the particular race, watch the odds, see the animal condition and body weight, the distance and capability of the particular horse, preparations (track, gate practice etc, equipment. change. Still it is better to avoid  class I, 0-20, 5yold n upwards n classics. Still you got three or four races in everyday. Chose one or  two races particularly.3 or 4 year old up  coming animals play either win or place according to your study. Please don't take extra.amount with you.  try to keep only two units according to aging pattern. Thanks

Dahiya said ...

21-Jan-2020

@ Raghavan
Suppose you bet on 100 races 5000 each.
Total bets you made is 5000*100 = 500000
Lets assume your place bet is worth even money
In return you will get = 55*5000 - 45*5000 = 50000 and deducting tax of 10% on 500000 would make it a zero.

Lets assume vice versa case and you play win
Lets assume your winning bets are @ 3/1
So in return you will get is 
20*4*5000 - 80*5000 = zero. And deducting tax of 10% would make it -50000.
In order to reach at breakeven your bets must be at 4/1 and in order to reach equal to your place bet your bets must be at the odds over 45/10.
Had you played at 30: 70 ratio with same winning and placing probabilities, you returns wouldn't be completely different assuming a breakeven case of 4/1 and  place of even money.
20*1500*4-80*1500+55*3500-45*3500 = 35000. And deducting tax of 50000 would make it -15000
Now change the scenario a bit. 
You play 1 race a day predicting it to be your days best bet. The chances of winning on place would be higher and so is for your winning bet. I have never done this calculation so far but from today onwards, i will start it this way. Today i will play behrunda king as my days best bet. If the odds are below 5/1 then i will play 50:50 ratio and if above 5/1 then i will play 30:70.

Sumeet.s said ...

21-Jan-2020

I really appreciate your thoughts which every punter undergoes in his punting life.But the solution is that punters should unite and raise their objection towards in & out racing of horses,for bracketing of two of more horses in the same race of a trainer etc.All in all a punter will definitely benefit in the long run if fair races are conducted in all the racing centres.

Godzilla said ...

21-Jan-2020

sspp

Nice write up. Racing and betting is nothing but inviting 'BHARBADI' which the youngsters should realize.

Keep it coming regularly.....I mean such write ups and make it short.

Robert said ...

21-Jan-2020

I am from Chennai, but i do go to Hyderabad,kolkata, pune, for business trip, i used to go to racing centers to bet. I also go to different cities where there is no tote and i dont play through bookies or anyone.

But once am in Chennai, i never go to racing center. I instead be with my family only. Being from Chennai, i never visited the racing center. Sometimes i dont go to racing for 15 days continuously. But i never felt am missing it, i dont even care to see race card or results . 

I understand one thing in life, money doesn't come easily, i am earning it through my hard work, hence i know my limits when am betting. I made it as a hobby and not a profession or addiction. I play only what i can afford to lose. 

 

I ain't advising anyone. But just be responsible with your hard earned money. 

Munesh said ...

21-Jan-2020

A friend of mine who is no more who is a gambler to the core and who is also a film producer,used to say “ If you got grudge against anybody and if you want  to destroy him, just take him to the racecourse one day and make him win ten thousand rupees. He will be ruined for life.

Rksh said ...

21-Jan-2020

Hi SSSP

when ever u come forward I'm specially forced to read it ...as u appear as a mirror to me...However am a far worse loser compared to u in a very very short time...

.To add to ur miseries, one more greatest mistake is I used to go in Off mood if I had less than 1L in my pocket...and play haphazardly...

The value of money is never understood in that time...My God given mighty Profession is  helping me to take over ....There were nights when I used to listen 'Jeele Jaraa' song from Talaash .

It's all about the Drive that Adrenaline Surge is giving you in the last 200mts of any race which is dangerously incomparable....I never used to feel any surge or thrill whenever my bet was less than 30k..The worst part of it was....I used to play at Tote until recently about 1 yr ago when I was introduced to the bookies....

Racing goes like this....Hyd Derby...My initial days ....I backed top 3 favs... Business Tycoon came from nowhere n won with tote paying around 110Rs.  Next  time Derby ...When I backed 2 most likely flukes,  JEREMIAH was the favourite winning quite comfortably....

I lost around 15 L on a horse named Gentle Knowledge from Kolkata....I felt as if it was my Sibling....or  as if someone gave me Bhavishyavani that it will win......It never won but always was nearer to winner creating euphoria that its her day next!! and once it came 10th out of 12 horses without any interference and ridden by A good jockey.(I remember I played around 50k including win/place)...Next Race day I quit going to club as  I was not interested to play it on that day...I had 1 Lakh in my pocket but was in severe stress that day.....To add to my mental agony, It won by several lengths paying 100 as win.

I sometimes felt if Someone was watching me play from behind and rewriting the results after I played...That's the state Racing will cause u if u  r not careful with money..

I advise all here as told by SSSP and congratulate him for reminding regularly our risks...

Skumar said ...

21-Jan-2020

Dear SSPP ,

 

good article from you and please accept my sincere appreciation for the enormous work in your post. Indeed, chasing losses has been a biggest doomsday for a P community. in the process they lose a fortune further.

Racing has seen the DYNAMICS of ONLY connections playing a pivotal role in deciding the outcome of  every race and in this scenario no handicapping works . the thinking on the other hand of some of the P community members have gone to such extent that they are trying to catch winners with some idiotic logics. I still remember some of the members carrying different color papers on different days in a week. Like Monday-yellow , Tuesday-green and so on so forth and this pshchology of attempt to catch the winner has gone to a different level. The end conclusion is that every race the connections are deciding leaving centres where handicapping used to be a primary weapon and Thats No MORE NOW..... The MYTH that GST has killed this sport is absolutely wrong. the connections have taken this as a weapon to disguise the P Community and instead unleashing days filled with woes for the railbirds.

Its high time that necessary steps has to be taken by the concerned to review its own decision to term this sport as " sport of skill " ..which i do not think will happen in the near future.

 

regards

SK

 

   

Venu said ...

21-Jan-2020

SSP@ Nice write up.  We know the problem.  Now we need solution.  

P G said ...

21-Jan-2020

First, I should say that it is very difficult to acknowledge such losses and suffering undergone not only to himself, but family too. Sir, I did read many of your previous articles and was always fond of your thoughtful writings. Hope, many in racing will read and understand that in racing, there are no winners. 95 % of punters are loosers. It's the addiction that takes one to the race course and loss of face to admit that they have lost much on the course.

Friends, do take this gentleman's writing's seriously and save yourself and your families lives. One can see in these writings, that the man is trying to put common sense in the heads of race goers and help them to come out of this trap.

Today's racing is no sport or game of skill. It is pure made-up racing, excepting a few odd ones every day That too at all centers.

 

TAKE  THESE SUGGESTIONS SERIOUSLY.

Raghavan said ...

21-Jan-2020

SSPP,

Just I will comment about  one point from you.

"Had I played for 'place' instead of 'win', I would have saved several lakhs!

Of course you may be correct in your assessment.  But, I am tempted to disagree with you.

Suppose you bet in one month 100 races.  Suppose you bet all 100 for win and there are only 20 winners!  Whereas if you had played all those 100 horses for place, you would have won 55 bets.  The dividends in those 55 place bets would be still less compared to your dividends in 20 win bets.

In any case, you have said good bye to betting.  Of course, after big loss!  Be happy about that.  We are not that fortunate.  When I will stop?  The only answer is "shortly"!  The main reason that I am continuing is the losses are barest minimum.  Can definitely afford.  

"The mistakes that you made are made by every punter" !  Thus spoke the self styled champion bettor.  I do not know whether to cry or laugh.  Of course, I grilled him so much that he admitted to losing upto 10 lakhs in 30 years of betting!  That too betting Rs. 10/- & 20/-. 

One can even straighten dog's tail.  But, one should not expect any thing sensible from these people who carry truck loads of ego & superiority complex.

Nowadays he is claiming that he is winner.  But, thank God, he has minimised his quantum of wins.  Earlier it was millions.   Nowadays in thouands.  I pity him.  Not because he is indulging in sheer bundlebaaz about his winnings.  But  because he bluffs and expects all readers to believe that bluff.   

Anil Xk said ...

21-Jan-2020

Dear, 

I have been investing in races(not playing) from 1993 onwards. But likes to keep it as hobby. Till the day my family never knows that I am going to races. 

My tactics are very simple.

1- Never borrow money to go for races.

2-Play only two races per day

3-Invest half of the amount on pet distance, for me class 1- 1600 m, and class 5-1200 m.

4- Keep records of investment

5-My winning strike rate is just 7/100 and place is 13/100 only. But manages well as playing only flukes.

6- I will never compromise family functions for racing and duty.

7-Everymonth keeping 15%of income for my personal expenses includes betting.

8-The life is full outside course, so used to take two happy rounds of my favourite drinks before entering course.If lost(most of the time it happens) have to go dry that's why taking drinks before entering course.

9-Used to follow few horses at various centres and try to play it , this will give nice profit.Eg blush trained by lagad is a very ordinary filly(caught in my eye as she is the only daughter of Fasiliyev running in India)given me money back in 17 times. Native knight in 11 times.Attilla 8 times.

10-During bachelor days used to visit abroad if won good flukes.Visited courses in hongkong,Malaysia,Singapore, Bangkok,Macao,Sri Lanka ,south south  africa etc for betting.

11- Never blame racing and trainers for our mistake's.

12- I think that every horse possess a chance to win if condition prefered.Change in distance change of equipment change of in form jockey and fitness of horse and capacity of owner .the big invester is always a trier

13- Will play horses partly owned by trainers wife and if she was spotted in course. Eg played Mumbai dancer samad up only due to the presence of beautiful sruthiba Gowda, given me 78k for each way 1k investment in 1997, and gregorious grey granted me 145k due to Presence of Tharaa pradeep.barring wife's of paddy and darashah the trainers wife's are rarely visiting courses.on that day they try to please them by trying(otherwise all try outs at home may be banned)It just my analysis

14-Created my own analytical method and follows it.Frankly admit that altogether my loss is just near 2lakhs only in last 26 years.

15- A simple trick to follow up is that if a horse won on dead odds it will hit with long odds in with in five outings.and if it hits with long odds surely will win with favourite odds.

16- Sspp says he quit racing but his mind is still in course, do not blame racing for your blunders. I know many steady punters for long leading successful life.It is all about approach and patience, acquired knowledge and decision making.Be wise that we are spending our own hard earned money so invest it properly.You can continue in business, not to crack head in all times.Keep record and analyse.For me I prefer mediocre jockies and horses but they hit with right distance.

Ruchi said ...

21-Jan-2020

@ Small punter

You need to think BIG,be disciplined 

In any field if you want to shine you need to understand the game,develop discipline and PLAN

With that RACING is not all that bad and can be a paying proposition

Of course one cannot build an empire like RELIANCE but one can earn reasonable as well have the fun and excitement which no other sports gives

I know there will be 100 sarcastic reaction to my statement that racing is a paying game, but who cares

Raj-ori said ...

20-Jan-2020

@Small punter

After reading your post completely twice I  felt pain in my heart.

You have opened your heart so honestly.

Never ever come back to Racing again.

Racing Addict said ...

20-Jan-2020

The biggest mistake I made was entering this place. I was happier and much contended person before my advent into the field of racing.

And it has been raining misery ever since. Cannot give up as I have become addicted to it.

Darkness engulfs me but then there is no way out of this addiction.

Prema said ...

20-Jan-2020

brother i have been attending racing when i was 16 that time gymkhana race was held i have seen pesssi shroff riding as an apprentice' i do remember how aslam kader and vasant shinde look at that time my father was a licence holding book maker at that time at mumbai i remember a filly name menorah trained by uttam singh winning a race i won more than 80 grands at that time. un timely death of my father left me no were recovery of or ugrani was not possible from our side nothing was left for us many big owners industrialist film stars comedian if i mention there name u all be shocked. i left for gulf country to find my liveli hood after few years i was well settled in thatcountry many trainers jockeys come to visit this gulf country most of them come from bangaluru and mysore benami horse owners are all from this side of the world .if i tell u the truth of horse racing u will never beleive .one more thing meaning of arcadia 'region offering peace and contentment' whenever this filly name arcadia makes racing debut cover ur lost money.the daughter of king da ka- shane. owned by mr pessi shroff and family' will recover ur lost investment meanwhile enjoy racing.

L. Shyam Sunddar said ...

20-Jan-2020

Racing is a game of mind but who says that a punter cannot become a millionaire. But the thing is that he should be a billionaire. This is my opinion guys. 

Onlyican said ...

20-Jan-2020

The way the racing is conducted in India one can get to know what he should expect in the coming days. Time to think and start investing in different place. Hyderabad durby day showed you just trail..film Abbi bakki hai! 

Raghavendra said ...

20-Jan-2020

Don't give or take tips. Don't help anyone let them work hard and earn. Nowadays course is filled with bad elements who eye on others . Tote operator , run boy lifting the Derby . Gone are the days of class and dignity.

Srikanth said ...

20-Jan-2020

it  was a  interesting topic. I  entered  this  field  by  mistake  when I was  16  year old. over  the last 20  years I  could see  many  things  at different centres. I saw  suraj first  win  as  well as 2000  wim. Racing  has  changed  dramatically  in last decade. I feel  no  amount  of  study  is  enf  to  catch a winner in present  times. only  thing  is we  should  understand  gambling. the more  money  poured  on  horse  the  lesser  are  the  chances of  winning atleat  7  out  of  10  times. jockeys trainers owners are  looting punters at  will. I  can give  example of Adjudicate  sandesh a f Alfiord  made it  lose.though  it was having ample  energy  to  win. favourites coming  with  late burst  of  fire when  race  is  almost  over is an example of  made  up  races. to sum up 90 to  95 percent  races  are made  up. no amount of  study regarding  pedigree r  track is  not  enf  unless  u  catch  gambling  involved  there  in

 

Cngowda said ...

20-Jan-2020

yes your right as a punter 1day or 2day we will by playing favourites after that totally loss by the end we want quite racing 

Final Bend said ...

20-Jan-2020

Dear SSPP

First of all i would like to thank you for giving up racing after a long fight with your brain & habits and giving some thought process about how a punters life can turn out to be hazardous, i am pretty new to horse talk reply/comment section but been in this racing for almost 10 years and a keen browser of this site i completly agree with you on the pointers mentioned above and more focused on the 9th ONE infact i have faced a similar scenario 

Chanakya said ...

20-Jan-2020

@ SSPP,

Congratulations  for  leaving  punting , a  good decision;  because  it  is stupidity and  self deception if  a  punter continues to  punt  after knowing and realising -  that  he  can  not  win or  even  break-even, after  many  years  of  attempt...

The  mistales  you have  made,  are  made  by EVERY punter - whether a novice  or  a seasoned one. Only  those  who  analyse  and  can  learn  from  the  mistakes they  made  can  survive  in  this  game..

 

I regret  to  point  out  that  you  have  not  made  efforts to  'understand' and  learn' the  game but  went  with  the  flow of  the day and lost  more  than win resulting  in  a  net loss.

In  any  game - where  money is  involved, there  will  be  few  winners and many many  more  losers - is  a  UNIVERSAL  LAW  WHICH  NO  ONE  CAN  CHANGE!!!

Winning at  races has  to  be  learned with a resolve to understand  the  intricacies  of  this  complicated  game  and this  will  take  time, effort, extrme involvement with  the  game. Money - few  thousands or  few  lakhs will not  enable  you  to become a  winner but  with  few  hundreds in  your  pocket you can  become  a  winner if  you  can  correctly analyse  a  race  and place  your  bet...

Blaming  this  or  that , him or  them  is a human  weakness which  every  loser is  fond  of inspite  of  learning  and  then  improving from  his  mistakes which  need  resolve,effort, determination which  every  loser lacks  in  abundance...

  

Ramesh Kumar said ...

20-Jan-2020

Greatest experience and fantastic thought s............ 

 

Rajaraman said ...

20-Jan-2020

@ small smart punter  I do experienced same things in this very similar situation thanks for Sharing which I couldn't do 

 

Vanukuri Rosireddy said ...

20-Jan-2020

Very honest post. Thanks my dear Sir. Please post some more posts,  to share your knowledge & assist horse racing lovers. No one likes to lose money, but the love of the sport keeps many going. The Euphoria,  like u said of playing a Winner especially an outsider,  is incomparable. Thanks for the excellent post.