Why we did not bet on the winners?
Good question. I will try to answer on behalf of others. There is nothing much to show in terms of my performance. In many races, there were more than 13 horses competing and I do not take any risk in such races.
Saturday, except 1st & last race, there were outsiders in 6 races. Particularly, no body expected Corfe Castle to unleash a powerful ride. Entire world was bullish on Multifaceted. And it was not blind faith. Horse had merits. The fact proved next day when it easily won over Tutankhamun/Snowdon. Of course, punters could have avoided that particular race because favorite was quoted at cramped odds. But, what to do. There were punters who had gone to Mysore (from Bangalore) with the idea of betting 10k, 20k, 50k etc on Multifaceted. And Multifaceted finished nowhere!
Sunday of course was a big shock. Multifaceted, Trafalgar, Adjudicate, Vachab & Striking. All were bettable horses only, though none was favorite. Yet Jackpot paid a good 4 lakhs, & runner up 4 thousand. Of course the first three races on Sunday had gone to less fancied horses. The Great Gatsby, Starry wind & Aachen. Treble (10/- bet) on these three horses paid whopping 19k.
So, one thing is evident. In small /medium fields (12 runners or less), punter may locate the winner. But in big fields, it is all bookies who will be winning all the races. Punters does not have credible explanation for their loss on Sunday. Star Suppreme & Adjudicate are the prime fancies according to all newspapers. Yet punters neglected Adjudicate. I do not say Star Supreme is a bad selection. Just like Multifaceted on Saturday, Star Superior finished nowhere on Sunday. But, a punter who had 4,000 bet on Star Suoerior could have bet 2000 each on Star Superior & Adjudicate.
Punters also could have ignored one bad loss of Multifaceted on Saturday and backed that next day. So on Sunday, the punter had bookies in a bind in 4th to 8th races. Well. At least they could avoided any bet at all. Instead they could have played 200 to 500 at tote on forecast, trinella.
What to do. Punters simply picked the wrong horses. That is the curse in built in racing. The punter will be always on fault. He will show rank indiscretin while being bullish on favorites and the horse will surely lose. And he will be cautious, disciplined while betting on winners. The bookies will be winning whether it is day of favorites or flukes or 2nd/3rd favorites.