Sport is made for betting

While this article specifically refers to racing in the UK, there aren't many racing jurisdictions in the world that these issues don't apply to. From Global Betting and Gaming Consultants... UK Horseracing Must Face Commercial Reality Selected quotes As we have said before the horse racing industry has wasted money, not allocated resource where it will deliver the best return and has not committed funds to reserves. Now we have the recession. This one is called the Great Recession and it is causing business to really think about the way it operates and is creating efficiencies previously not considered. A recession exposes faulty business models and those who have not been prudent during the boom are being tested. We are now in a period where the niceties of life have to be placed on one side. We are beyond politics now; it is the time when all sides have to be unfailingly realistic. . . The problem is that racing many years ago started to believe its own PR that the product w...

Former employer of mine who speaks a lot of sense. A snippet... Hong Kong has the most efficient, fair and easily understood rating and handicapping system in the world. This means an equitable sharing of prize money to all owners not just to an elite class who can dominate by weight of numbers. Prize money is distributed equitably from the lowest class through to the highest to effect a cost of training/prize-money ratio to make ownership both attractive and viable. The population of horses is measured and controlled to satisfy the requirement of optimum field size of fourteen competitors at Sha Tin and twelve at Happy Valley each race. This is a planned racing economy limiting the greed, inefficiency and ignorance that is the blight of Australian racing which in some sectors, most notably New South Wales, is reduced to such mediocrity its future is threatened. The full article at Virtual Formguide

There is an excellent series of articles this week in the Racing Post about what to look for in the paddock - i.e. when horses are parading before a race. Membership is required but it is free. Once you have signed up, click on the Racing Header, go to News - Cuttings Library, and search for 'paddock watching'. Assessing whether a horse is fit is not the easiest the thing to learn, but once you know what you are doing, it should make a big difference to the success of your betting.

I don't mind betting on the races, but it's no longer what I focus on. Here are some betting rules proposed in a leading Australian punting magazine, with my comments interspersed in red. 50 WAYS TO HIT TOP GEAR By Richard Hartley Jnr Courtesy of Practical Punting Monthly Australia’s Favourite Racing Magazine www.practicalpunting.com.au As punters I think we spend an awful lot of time dreaming up new ways to win, or perhaps just new ways to lose! Punters are, in the main, optimists and dreamers and receptive to new ideas, advice and re-programming. Trouble is, much of what they seek and find they then proceed to ignore. Going back to old habits, even bad ones, often seems easier than trying to meet the challenge of something new and unknown. For those of you seeking some revolutionary breakthrough, I am afraid this article will not be what you want. However, I fervently believe that you will be able to learn something to your advantage. Basically, I’ll be passing on some co...

Greetings - welcome to the land of sports betting. One thing that bothers me about people betting on sport is that so many of them can't see past the obvious, which is usually horse racing and football. There are so many other sports out there to bet on, and more importantly, so many more opportunities going in these other sports. Open your eyes, expand your horizons and don't fall for the same stuff that everyone else follows - all that means is the information is way too public - if everyone knows about it, where's the advantage for you?