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Back to lists"to Bet Or Not" : Most Punters Don't Think Of This Strategy?
By Smart-still-poor-punter | 10-Feb-2020Hi Friends,
One major problem that a majority of punters encounter inside the betting ring is : "To bet or not to bet"?
Unfortunately, not many people really give a serious thinking to it and just go ahead betting a horse - their fancied horse - once the odds are displayed. Why so?
For example, let's take yesterday race won by "Iron Age". As pipping hot favourite, it offered around half-money or a little above that as opening and closing odds. There were several punters who waged 'heavy' bets on the animal and won. But what if the favourite had not won? "You can't ask these questions in racing", opine many.
On the other hand, you expect a horse to be in betting pattern say up to 5/1 but go mad seeing the price at 10/1 or above. What many punters do in such a situation? They just ignore the horse and start concentrating on the probable winners, isn't it?
It is this "betting strategy" that often fails a large number of punters in racing. Then, when to decide "to bet or not"? Is it necessary to take into account the animal's paddock looks also before finalising a bet?
I remember many races where the favourite will be 10 to 4 on and rest of the horses at 10/1 and above. Still, the favourite loses? How and why?
It is of utmost importance to follow a single strategy while betting like if you strongly fancy a horse before entering the course, you must not change it even if the so-called heavenly Gods come down and tell you. Even if a horse doesn't look quite impressive in the paddock, it goes on to win the race as it wants, isn't it? And in case the horse is really not fit, in most cases the veterinary certifies it "unfit for racing" before stalled.
Only because "War Hammer" opened at 3/1 and went up to 33/10, not many punters who firmly fancied the horse did not invest their money. But the intelligent ones did cash in on the situation, much to their delight and very much to their supreme confidence.
Odds do matter in some races where a previous night 20/1 horse is made the favourite (I recall H J Antia's days) blindly and he or she goes on to win without dropping a sweat. Those are exceptions. Once you fancy a horse and decide to go by it, you must not alter your decision thereafter, particularly once the odds open. Strangely, 75% of the punters weigh their options based on the odds. And that's what actually works to the advantage of the bookies.