@ BVS.,

all your  points  are good, correct and need incorporation  in  a  system, without  which they  become  academic...

@ Ross,

 your  calculations  are  right  but "after the  horse bolted  out ; even  then  worth noting...

@ all,

My aim or  interest  is  not proving  that  I'm mbetter than  XYZ but  to  show  that  it  is possible to win  and  live  happily  thereafter'  if  a  punter  has  a  good  system  and  strategy...

I'll only  prove  that...

Hats off to the confidence of Chankya sir but till now the proof of his system running good is lacking. 
Of late I am not visiting the site for quite sometime. 
My request to him is to predict 5 winners of at least 2 to 1 odds before the end of Mumbai season. 
Normally his typical prediction is favourite in so and so race may not Win. The word May Not includes May be also. Better thing is for him to predict favourite in so and so race will win which at Even or better odds not being 30p favourite 

Thanks

Considering the roll nature of his bets @ 2000 and not stop till it reaches 1 million, i think he has lost around 6k to 8 k every race day.  Not a single day he could achieve roll success of 1 miilioin.  So for the past 2 years, his loss amount to 36 lakhs.  

Regarding late VAMANAN SIR i just want to bring to your notice Mr.IMBLUE he had succeeded in his words by giving  straight  20 place bets for the season. I followed him at made some good money. 

He will be HAPPY in heaven bcoz such people take punters blessings. 

One such gentleman S C SHARMA was also helping punters but bcoz of some superman he stopped giving tips.I bought a book written by him horse racing in india and understood what racing really is.Then we also have BKD sir who used to give nice tips with days best bet and double who used to regular lead the post but of late he doesn't take much interest i think so

@ golden viper,

I'm  surpised  at  your  lack  of  understanding the  language...

i said ;  'They  did  gamble many  times and  succeeded, but not  on  races. They  used knowledge and  strategy to  succeed'...

do  not  misinterpret the meaning  of  simple  words...

@ Krish,

pay  cash, then  ask  for  return...

@ vijaykumar,

 what  you said  is  true  but a  punter  can also  make  money  if  he uses  a  good  system  and  strategy. I'm trying  to  show  that...

@ R . Furtado,

I've been  a  regular  racegoer/ punter since 1973 when  I  landed  in  Bombay(now mumbai)...

My  point  is  that  with  a  good  sytem and strategical  betting  a  punter  can  make  50,000 per  month. I'm  trying  to  prove  this point. It is  possible  to win  this  monthly  amount  over  a  period of  1  year or  several  years regularly; if  I could  live  for  those  many  years...

I don't  think  I'll  last( live) for  25  years  from now  on...

@ Indian_Turf_ Record,

You  have  a valid  point . But  I  cannot  dictate  tterms to  IR.com. Problem  with me  is  that  I  cannot  post  earlier  than  1/2 hour or  max  40  minutes  before  the  first  race; however , I'll  be  posting  on  my blog  also  in  addition  to  IR.com. An  interested  punter  can  try  both  places.     

Nearly a decade back,  a very respected tipster Late Vamanan tried to help the members using a novel method. He had a bank ( hypothetical)  of rs 30,000 and would bet a single horse every day giving a place dividend of at least rs 16.By betting varying amounts from his bank, Vamanan wanted to prove that it is possible to make a huge sum by the end of that Bangalore Summer season. Old timers will recall that his bank ran out of balance with in 2 months and Late Vamanan was humble enough to accept defeat. 

The very next Bangalore Summer Season another Mumbai based professional tipster (still active)  tried his hand with a hypothetical fund. He too could not run the full distance of the season. 

What such knowledgeable and humble people could not achieve, is hardly possible by people who start boasting even before the game has begun.! If anything, racing has made me humble.... very humble. 

@ Indian_ Turf_ Record

It is too harsh a condition imposed by you. Placing yourselves at the course has a distinct advantage before the start of the race. Your fancy could behave erratically. some connections horses are withdrawn at the last moment, change of Jockey might play a big role, and lastly, wild fluctuation in the odds may force you to change or stop the bet. Many a time I changed my bet after entering the course. Yesterday I was so sure of Court Jester winning the race before entering the course( odds not known at that time) After seeing the odds of FENICIA MIST closely matched with my fancy, I changed and played Fenici Mist @ 135/100..

@ Chanakya

      All the best for your demonstration.

      If first race is at 2.00 you normally post at 1.58 27 and your posting appears around 4.00. 4/5 races already over by then and your selections of not use to anyone wanting to follow the,selections.

     If your posting appears before first race it will benefit common punters and improve credibility. But it is up to you.

" CHANAKYA " you have been writing on racing for a very long time and i have been a punter much before you began your educative betting articles on "India race" having completed a "Silver Jubilee" as a punter in 2015. I have totally quit betting on  "Horse Racing" since the last 3 years now only making the annual "Indian Derby " pilgrimage to Mahalaxmi racecourse as well as keeping track of the sport through "Twitter" and "Indiarace". honestly i never earned any income from my 25 years of "Horse Racing" investment as a  "COMMON PUNTER" but enjoyed  my racecourse attendances and racing also helped me overcome a very troublesome phase of my social and professional life.When you say that you can prove racing is profitable  by earning Rs 50,000/Month akin to regular salary employment i want to know the "TIME FRAME" for the same. Would you be able tp declare "HORSE RACING DIVIDENDS" every month for 25 years ?  I know of many Indian corporations that have collapsed like a pack of 9 cards within a time-Frame of 25 years and wonder how could a speculative sport like horse racing having one of the highest taxation rates in India be profitable in the long run after "TAX DEDUCTIONS" are taken into account.If you say a "TIME FRAME" of 1 year then i would say it is possible to make a annual profit through "Horse Racing" although not on a monthly basis as you mention.

Yes it is possible for live on the earnings from racing as claimed by Chanakya. But it is only applicable for horse owners, trainers, jockeys, syces and even book makers who are making enormous money in racing and leading a luxurious life.

    The punters are always at the receiving end and  they are the worst affected category in this field. They are making risk investments where there is no guarantee for return. May be at some time luck may favour them but not always.. If one pursue racing for his livelihood certainly he cannot survive and soon  land in hot waters.

   This is my personal experience.

Dear bro

Your aim & motto is reasonable 

1- first of all you have to be full control on yourself.

2- donot deviate while changing odds.

3- stick on ur choice whatever odds may be.

4- favourites should not play for place bets most of favourites either they may win or else mostly board out chances are there.

5- should not touch below 50ps horses they are meant for mostly eating.

6- choosing a horse in own method & don't depend on anybody and don't even discuss with anybody in this regard most of the people are doing blunder mistake here only.

7- every racing centre has different handicapping & different tracs so go thru the methods, don't compare to one centre to another center only few occasions classic potential horses only oblige in all centers not all horses.

If you keep patience then you can achieve.

Regards BVS

What is the profit full bet is only win' or win and place ?  What is the ratio bet of win and place. Please clarify my doubt.

@ the 'trikon' -  (acoincience ?) of krishna-murari-raghav (an) still  exists...God  is  great...

@ Raj-original,

Any body  can  succeed  by  giving   one  or  2  selections  per  day. My  aim  is  to  go  against the mistaken belief that  you  can not  win  by  betting  on  all  races and  to  prove  that it  is  possible...

@Raja,

thank you.

@ sumandeep,

I feel  you  play  haphazardly.  You  have  to  develope a system and  follow  it meticulously to  win... I don't  give  much  importance  to jockey/trainer/owner etc.

@Santoshkumar,

I would  advice  you  not  to  follow anybody  including  me. Develope and improve your  system - give  it  a  dry  run  on one  or  2  seasons  of past and  correct again  and  again  the  mistakes  you  observe  in the  dry  run. Gradually  your  system  will  stat  giving  better  results. I  don't  believe  in  luck etc.becuse  if  I fail  I  blame  myself  or my  interpretation  of  my  system only....

@Chankyaji,

Very good offer from you. Every race day I will give you Rs. 50000/- and you play for me. At the end of the day you will return me Rs. 100000/- and rest of profit yours. In other words, my ROI will be even money.

Well well the prodgal returns once again like so many previous years.A n yearlt routine

General knowledge  seems to be totally void with him Warren buffet made his money   in insurance  an d shates N OT IN HORSE RACI NG

Leading punters up the garde n  path is his hobby  well nothing like  proving over the racin g weekend  in MYS in invitation races . Please do join Sagarjee contest for these races to prove your mettle.

Anushree is one punter here who has made money and very modestly admitted partial financing of her house The others who may have made some from their  choices are Dharmesh  vamperson  and few more.and my frien d Larry

Boasting in the air gets no one anywhere.results after races speak for them selves

With a bank of 25000 u can make around 20000 a month. Just play favorite till it wins in a day.. Stop for the day and continue the next day. Normally by the 3 rd race u would have made your day's earnings. The moot point here is u r playing to make 1000 a day. If u want more u need more bank.. So place yr bets in that manner. If u go through results the of  last many months in any centre u will see the point . 

Yes, it is possible. BUT, for that the calculations have to be spot on. The ROI(Return on Investment) should be taken into account. One such technique is following the selections just like you would  for the jackpot pools.

Example, for the Derby Day at Mumbai. 

Selections can be 1 or more from each race.

Race 1: Giant Star, Pissarro = 2,

Race 2: Flying Visit, Cosmic Ray = 2

Race 3: Forest Flame = 1

Race 4: Tasawwur, Sacred Roman, Salazaar = 3

Race 5: Golden Oaks, Pense’e, Isle of Skye = 3

Race 6: War Hammer = 1

Race 7: Kildare, Headway, Castilian = 3

Race 8: Copper Queen, Hidden Gold, Warrior Clan = 3

Now, the total combinations become = 324.

And, for every combination only ?10 is fine, so total bet = ?3240.

Note: We obviously win when all races have winners from our selections.

Considering, it happens. Let’s look at the odds for the successful combination:

5.75 * 7.5 * 4 * 6.5 * 2.9 * 4 * 3.25 * 5.5 = 2,32,491.

And for 10?, the return would be ?23,24,910. Consider we get only 70% of this amount(gst on bet etc.), the total return would be ?16.27 Lakhs, for the investment of only ?3,240.

The important thing is consistency, accurate study(without looking at the odds), less risk, ability to accept failure as this might happen rarely.

@ Faizan,

what  you  are  doing is being  done  by  most  of  the punters, but this  method  gives  slow and  low returns...

@ R Ramesh,

I'm not  in this  game  for  enjoyment  sake. I'm trying  to  prove  that  it can  give  you  enough money to live  a  decent  life...

@ sspp,

 Warren Buffet or  W. Benter  did  not  becom  multi billionaire  overnight  by  investing  heavily. They started  with  small  capital and over a  period made  their  fortune...

They  did  gamble many  times and  succeeded, but not  on  races. They  used knowledge and  strategy to  succeed - the  same  is  required  in  any field  to  succeed and  win...

With hard  work and many  years  of  'experimentation'  I 've  devised ( not  discovered) a  handicapping  system  and a  betting  strategy which helps -rather enables me; to  win.

I don't  believe  on  good  day  or luck  or  fortune. My  belief  is  only  on  my  ability to  use  my  system and  strategy to win on most  of  the  days - not  everyday, and  come  out  a  winner  after  a  week or  a  month  or  a  year...

You  want to  know  -  how  I'll  bet ?  My  betting unit will  be Rs. 2000(+ tax -> 10% ?)  and I'll bet  on  my  first  choice  but  will bet equal  amount Rs. 2000  on  all  the  runners ' within  the bracket'  or  an 'open race'...  

@raghvan,

Angoor  khatte hain...

@ Deepak,

I don't  advice  to  follow me  but  you  may  try at  your  own  risk.

@ Satish Kumar,

Thanks  for  your  appreciation. Yes  when  I put  2 or  3  runners  in  a  bracket or  call  a  race 'an  open  race'  any one  of  the  three  runners  has  equal  chance  to  win, I therefore bet  equal  amount on  all  the runners  within  the  bracket. That  is a  part  of  my  strategy.

@ king  koti,

you  can  keep laughing and I hope  you  will  keep  watching my  'progress'...

@ Magina,

I'm not bringing  any hope to  anybody  or  asking  them  to follow  me  or  my  bets. My aim  is  to  prove  that  with  a  good handicapping  system devised  by  me  coupled with  a  betting  strategy I can  win  Rs. 50,000 every  month.

@ GC Raj,

Thank you. I'll try  to  prove  what  I claim.

My Sincere wishes to you in your Endeavors Sirji.

I Always place my bets when my Pics and your's match. Shockingly I have always lost on all such Occasions. Always some unexplained/unforseen circumstances have cropped up as the Contributing factor in  such Races, alongside even my individual pics Loosing Too.Sometimes luck factor Says it All.Even if my Bet happens to be a 1000/- Rupees,if another person's Destiny is to loose 10Lakhs,it ends up being an unlucky day for both. Regards

sir i tried this kinda stuff its so difficult to maintain the winning streak on places , feb 15 bangalore 1st race favrt trevor paisa played for win lost and second race john won with a good odds 2and half , 3rd race again trevor place he won actually on that race i was made 15k plus in that time so itried to become a smart and wanna close for the day , but no 4-5 corona del corsa i played 50 paisa place all 15k , days best in all the books that day this horse but he ended up on 7th in a 10 horse race , so my idea is playin win and place is also a good kind racing many will play like that but in this we will try to find the horse on who comes place and play winning bets to them so we have to avoid that , for me the best idea is i dont have any knowledge on racing starting day of my racing, i will just sit and watch the race wen there is an upset on this race i will lay bet on next race favrt almost i won 80% of times that was the best idea till now i came up with , and bangalore i dont play 1st race always upset if srinath favrt that time only he will win other then every thing fails on 1st race you can check the result , other then that i used to check two days previous results last race upset r favrt if its upsets lay bet on last race favrt , just a tricks i used to play evry one will do like that , according to you 20k investment we have to divided into 4 and start playing the place and try to maintain the streak if for only places and just one or maximum two horses in a day is good to go , and that also we have to select in between races not first races is a blind go how races will go that day and also we have to catch 8 horses races only and wait for the race previous races results and then we have to play it requires so match pateince money in your pocket its so much difficult to stay in course try and win it , any ideas please share your view and how to play it helps alot of punters and i know this thread is only for the big investors as well more  money more honey , and for small punters can try this win place its a good optional bet but dont try to find a place horse and play for win , winning horse and place you can also earn more money

Once again you will have to hear these words..

Favs of race 3/5/7 may lose Favs of race 4/8 may win

Mr.Raghavan, your well thought out article I went through. I agree with you in most of your thoughts. If possible can you please give me your suggestions regarding the roll on?I am not a big punter. My total betting in a day is around 1000per day. That also only in tote. Particularly Banglore and Mysore only. In a day I can pick 2 or even 3winners. But I don't know how to roll on, say,1000,for double or triple. Can you please give me your suggestions regarding this?thank you. 

@ Larry,

Thanks for  yopur  rmarks. I feel place  is  safe  but  returns  are low  . therefore I will go  for win  only and  play  all races.

@ Lucky Laxman,

 you are right, that  is  what  I  want  to  prove...

Best wishes Chanakya..

simple stategy if you want to be make money from racing just use

KAUN BANEGA CROREPATI Formula 

just Bets 15 races in whole life on even Odds(iether win or place) and earn 1cr.

1. 1000
2. 2000
3. 4000
4. 8000
5. 16000
6. 32000
7. 64000
8. 130000
9. 250000
10. 500000
11. 1000000
12. 2000000
13. 4000000
14. 8000000
15. 16000000

may be funny thinking but have to think.......

Note: need to be petience 

@Chanakya

This subject has been discussed several times and 99% have opinioned that it's practically impossible.

Try to give 2 good bets daily. Not 2 to 4 Numbers like few here and manipulate after the race.

@ Chanakya

     Very excited to see your post but will be happy to see the strategy in action during the whole month of March....and, in case it works out successfully to others' satisfaction and belief, I too may think of returning to race-course soon?

     In any business, where - unlike horse racing or any other gambling act - honesty and hard work counts, to make Rs.50,000 per month, at least a 10-time investment is needed. This is a general feel.

    With only Rs.20,000 in hand, your authoritative declaration that one can make Rs.50,000 in a matter of just 30 days means it has to be taken seriously.

     I would be keen to know how you are going to break your capital while investing and whether you are going to try, say Rs.10,000, on a 2-to-1 shot and make Rs.50,000 profit in a couple of races and shut the shop or just keep making Rs.1,000 to Rs.1,500 profit a day with 'cautious' betting?

     It's true that on a 'good' day (fortunes wildly differ from one punter to another, isn't it?), one can go on to make Rs.50,000 very easily even with a few thousand rupees. (I remember me making Rs.78,000/- on a single day and that too in first five races by rolling just Rs.3,000/- but such wonders happen only once or twice in an entire racing career?)

     Without discouraring you or others, I want to take notes from you and see if racing can really help one earn for maintaining his family. If that can happen, you must also ensure that doesn't happen just for one month. Who knows, the month of March favours you but not April or May? Still, let's see. All the best Chanakyaji ! 

No loss no gain, that itself is an achievement in racing. Making consistant profit in racing is not at all possible. You win sometimes and you lose sometimes. If someone keeps on winning in racing, then he need not do anything else. Making a living out of racing, is a joke.

Enjoy this skill game or gambling with small bets( 500 or 1000 ) play 3 bets and go home happily, whether you win or lose.

Hi all its very very very  simple to earn money in racing but the condition is you have a lot of passion, you wait for the horse. I take example of myself and explain you all I wait for the superior horse to run and play them.  or I am take a favorite horse in a race  each day and wait for the horse to back in ring or in online website like bet 365, if back play this horse each way if not back skip the race and wait for the next race iam sure you will got a favorite horse to win earn go home silently.

All the best 

The so called mr.benter made money equivalent to a billion dollars by placing bets of millions of dollars in each race.

And yet you make me laugh brother coz not that you say a punter can live on horse racing by placing bets but you say you can make 50k out of 20k.

You would of done that earlier and even many times but you didnt and yet you are here saying you will.

Placing bets on horse racing is a sort of similar to doing business.5% of profit on your invest is a good business and the same applies here to the racing.But the average punter always wants more than 5% coz his investment is less.

I would have believed you if you had said that i will try to make 50k from 5lakhs.But 50k out of 20k that too making it consistently is nowhere possible to impossible.

yup ,keep dreaming,on the streets in one month.all loosers at races..

Dear chanakya sir, I have been following your tips since many days. Your tips are fabulous, that too for open races inside the bracket will oblige . Pls put any mark on your confirm hores so that we can take good chance on it. 

I am your follower.

Chanakya sir i will try with you.

Before getting excited by the loud claims of Chanakya please understand some wise words.

No one says that it is not at all posible to win in races.  You, he, me everybody can win.  So, Chanakya can also win.  Transparency also can win.  Even a gate keeper in cinema hall, an auto rickshaw driver also can win!

And, I almost forgot.  The main reason for me to speak in this thread.  That is I also can win!  Yesterday I took four forecast tickets each 300/- bet.  And I won on two,that paid 53 & 28.  In Mumbai races on Sunday, I had 3 bets.  And again I won 2 bets that paid 28 & 33. So what I say is if Raghavan can win, so also Bheemanna, Gundanna & Chanakya.

But, in racing there is also a thing called loss.  I will be betting on numbers  3-1 on forecast.  The result will be 7-8-4-6.  such instances are too many.  Whereas encashing the ticket is too less.

For record sake, if I bet in 100 races, my strike rate is only 15.  So, in 85 races my tickets reach dust bin.  And I am doubly happy with that 15 wins.

The only saving grace is my bets are barest minimum.  300 to 500.  Even auto drivers, pani-puri sellers bet higher than me!

So, the question comes.  Why I am betting so low?   

For forecast pools, people does not bet in 1000s.  That apart, when I bet, I know the chances of my bet passing is below 15%.  So, my bets are low.  For Chennai races, I bet 120 to 150. 

So, overall I am a loser. AND IF YOU SPEAK OVERALL, EVERY PUNTER IS LOSER.  No exception.  Let that be Chanakya, the author of this lead post, OR Chanakya, the Prime Minister of Chandraguptha Maurya, OR Brahma or Vishnu!  All are losers only!

Yes.  There are some dare devil punter/s who have won huge.  The late Rajinder Krishan, film lyricist, once won 46 lakhs!  And to win 46 lakh, I am told he invested 8500+.  Such courageous andd confident punters may win big.  (Rs. 8500 during 1976 is worth almost 10 lakhs today).  And more importantly such courageous punters also may lose.

It is always better to know about the track record of  boasters like the author of lead post.  I have engaged  Chanakya in a marathon dialogue.  Chanakya is an ex army man.  But his language will put a street rowdy to shame.  I had met military officers.  Their self confidence is amazing. But, Chanakya knows only  how to abuse.  Just because I was not impressed by his tall and non sense claims.  He is in murderous mood.  

Now, highlights of his track record.  ((briefly).

1. He gave 13 selections in 5 races in Kolkata.  Not a single won.

2. He says he rolled 10 lay bets and won 10 lakhs.  So far he has not given the calculations.  Always stone wall tactics.  But, among those 10 favorites which he claims to have laid, there were 2 horses on which his bet was after 5pm where as the races were over before 2pm.  I am not telling that he has laid the other eight.  Even while telling a lie, he is hopelessly incompetent.

3. He says he won 10 lakhs by rolling on 5 horses in Mumbai.  Of course that is a bluff.  Among thos 5 horses, there was a horse that paid 15/- for place in tote.  Chanakya says he got 2.50 odds!  Also he had given 2 choices in a race.  But, he zeroed on wnners!

4. On one occasion, the bookies were on strike.  Yet, they obliged Chanakya as a special case by taking bets and then rewarding him with dividends.

5.  Chanakya claims he is an expert in Astology/Numerology.  He threatened that he will tip according to that shasthra!  Somehow, I intervened and ensured that he does not gives tips based on that.

6. And, he wa so desperate to claim that he is a winner.  He had his bet for place on Malavika.  And the horse finished 3rd in 6 horse field.  Chanakya claimed that he won that place bet and bookies gave him dividends.

7.  He is/was running a blog.  Where he was posting his thoughts on Indian race horses/jockeys.  But, he virtually abandoned his blog.  Reason: Zero visitors!  So, instead of posting any worthwhile essays or tips in his blog, he postin this site.  He gives sound tips.  99% ound and 1% tips.  Even after reviving his blog, he has no posts in the last 3 months.

Anyway, I am not bothered about Chanakya's tips.  

Now he has spoken about Bill Benter who had grand grand success in picking winners in Hong-Kong races.  (& other centers too). Tomorrow he may speak about Sundar Pichai.  The CEO of google.  I only state that there are too many great achievers around us.  Chanakya, many of his friends in horsetalk, myself are no body (virtual non entities) in front of them.  Let him not bring such names.  Of course he is free to talk about 100s of Tom/Dick/Harry who haunt the race course every day.

Of course, you are all welcome to glance tips of Chanakya, study its merits and bet according to the size of your purse and according to the level of your confidence!.  But, be careful.  Do not bet on all his tips.  Chanakya tips for all races, sometimes two/three horses in one race!

Dear chanakya sir

Most well come move by you.

Definitely this will help so many people here.

Hope you don't bring in too much of hope in someone's life because in the end, it's racing.... 

Very well said sir, I am in this field for the past 45 years.... One of my friend is doing only racing and successfully managing to earn some amount and running his family purely on racing only.... I will also post my selections and try to prove that we can make money in racing... 

First try to win the sportswin contest and prove your skill

Hello Chanakya,

Nice endeavour, I'd say, all I have to say is, yes, it is possible, however I can say that with confidence only if one plays place, no matter how miserly the odds are, but we're always chasing the winner, me included. Also, lay bets are an option too.

I don't know what would be your strategy, but I wish you all the best. Also, it's only if actual money is involved would you be able to come to a fair conclusion, no offence meant here, but I hope you get what I mean.