Thursday, July 31, 2008

Thursday horse racing summary

A little over a point and a half profit on the day, and a satisfactory day's work. I proposed five Win bets, four of these reached my suggested value price, and two of them won their race. Mr Hichens had been dropped in class to contest a very mediocre maiden race, and I had received word from the Brian Meehan camp that he was ready to take his first win. Word obviously went around as the 2/1 available about him during the morning evaporated and he was returned the even money favourite. He won convincingly.

Profit so far this month: 25 pts
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Wednesday, July 30, 2008

Fingers burned by Firestreak

If anyone was in the Tring area today, and heard a resounding "thud" it was the sound of me crashing back down to earth. I've enjoyed a substantial profit injection over the last few days, but this afternoon it was time to wake up and smell the coffee as the reality that is betting on horses hit home.

I proposed four Win bets, and all four lost. I suggested two horses to oppose, and they both won.

Firestreak lined up in the class 2 classified stakes over 7f at Goodwood this afternoon. He had one win to his name, his maiden at class 4 last summer. So he had only ever won a race in which no other horse had won either, and two classes below today's race. His two outings this year were both also below this class. Yet he was this morning's race favourite, trading around the 2/1 and 9/4 mark. To win today would require a career best performance by some margin, and I felt he was good value to get overturned. How wrong can you be? And it's a shame nobody thought to tell the horse he shouldn't win. Such is betting, and we have some consolation that we are just giving back a little of the profits made so far this month.

Profit so far this month: 23.5 pts
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Tuesday, July 29, 2008

Nevada Desert provides oasis of profit

The account took another profitable step forward today, with one good winner returned from three bets. Nevada Desert was competing in a class 4 handicap at Beverley. He came to a peak of form around this time last summer, and won a similar event off a higher mark. Having slid down to a mark of 75 he was due a win if he could run to near his best, and at a price around 5/1 I felt he would be good value against his competition. Again I was rewarded by looking for the value in a race rather than following the market, and he came home the winner.

A useful 3 points profit to add to the bottom line this month.

Profit so far this month: 35.5 pts
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Monday, July 28, 2008

Chaff turns the tables on wheat

Another extremely profitable day, which makes around 30 points profit returned in the last four days alone!! This may be something of a purple patch, and I do not want new members getting the impression we make this kind of profit EVERY day. Let's enjoy the moment, but let's not get carried away. But I think the last few days clearly demonstrate how it is important to remain disciplined, focused, not panic, and have confidence that your methods work. As long as your winning streaks eclipse your losing runs then you have a wealth-making business on your hands.

I had three win bets this afternoon, and two returned home in front, including Chiff Chaff at Yarmouth. I had narrowed this stayers handicap down to three runners, and as it happens they were the first three home. The obvious choice was the favourite, but these three horses realistically should have each been around the 3/1 mark. At odds-on That Look was priced ridiculously. But at 10/1, and with a claiming jockey taking weight off over such a long distance, Chiff Chaff represented incredible value in my opinion. I struck gold today, and run the race again and we might not be so lucky. But at these prices you only need to be right a couple of times to make a great deal of money, and that is what betting with value is all about.

Both my lay bets also lost, to add a further 3 points profit to the mix. More than 14 points profit for a days work ....if you can call it work.

Profit so far this month: 32.5 pts
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Sunday, July 27, 2008

Sunday horse racing summary

Just the one bet today, Bawaardi which ran at Ascot this afternoon. He ran green when asked to go about his business after being settled back off the pace. He finished runner up and I think he will come on for the race. If offered at a decent price next time out over 6f I think he will still be worth backing.

Profit so far this month: 18 pts
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Saturday, July 26, 2008

African Skies are blue

Another good day at the office, with more than 11 points profit to stuff in the satchel this evening. After saying I was finding it difficult to fire up the engine earlier in the week, I scored two decent-priced winners from four bets today. One guy having a trial this week sent me an email on Wednesday saying he could do better sticking a pin in his newspaper to pick horses, and promptly ended his trial after just three days. This guy did not have the patience to weather a three day losing spell of a single point loss. Since then we have bagged more than 20 points profit.

It is almost impossible to make daily profits in this game, and the key is to have patience, discipline, and a belief in your own abilities. As long as you are returning an overall profit most months your money will still be outperforming all the banks and building societies.

African Skies was running in a Group race for fillies over 6f at Ascot. She had shown improvement in her last race, in a similar event at the same track, finishing second after her previous race at class 3. I felt she would show continued improvement to win today. The price of 6/1 available about her was too tempting to resist, and proved to be a profitable bet as she came home in front.

Profit so far this month: 19 pts
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Friday, July 25, 2008

A Day In The Life Of A Professional Gambler

I regularly get emails asking me how I started out as a professional punter, do I have any tips to getting started, is it easy leaving a job to go full-time on your own, and so on. I have written an article recently on HorseRacingArticles.co.uk which describes a typical day for me. It is not written to show off or boast in any way, rather I hope it will serve as inspiration for any of you who aspire to quitting the rat race and earning your leaving from betting.

If anybody has any comments on the article please feel free to post them here.

A Day In The Life Of A Professional Gambler - CLICK HERE
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All Clued up for a win

Two successful win bets from four saw me pick up just short of 9 points profit today. Romantic Destiny got the ball rolling early on at Thirsk, but it was Haven't A Clue that scored at 8/1 that brought home the bacon. She was running in a nursery handicap at Wolverhampton. She has won her maiden but followed that up with two disappointing runs, latterly in a class 2 nursery. Sir Mark Prescott clearly thinks a lot of this filly to run her in such a race, so back at class 5 I thought that 5/1 or 11/2 would be a good price to back er against the warm favourite. The market plunged on the hyped horse and so we were able to mop up prices around 9/1 - fantastic value! I was rewarded with a win.

My only proposed lay bet was Fastnet Storm at Newmarket. The horse duly lost but its price never fell as low as I would have liked, and so goes down as a 'no bet'.

Profit so far this month: 7.5 pts
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Thursday, July 24, 2008

Thursday horse racing summary

A much better day with more than 4 points profit to show for my efforts. Winter Star got the ball rolling by winning at Uttoxeter, before a runner-up, and another unplaced, and finally Desperate Dan winning at Bath.

This evening I was opposing Rabbit Fighter at Kempton. Sure he had the form to win the race, but then so did at least half a dozen horses in the race, so I felt any price below 4/1 would see the lay bet against the horse offering more value. The punters lumped on and sent him off as the 11/4F I layed bets for 2 points and sure enough Divinsky ran away with the race from the front.

Profit so far this month: 1 pt loss
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Wednesday, July 23, 2008

Wednesday horse racing summary and weekly results

In the end a very quiet day, with only one bet reaching my advised value price. Disappointingly this still failed to win, so the account drops a point on the day.

My sole lay bet of the day was Make My Dream running at Sandown this evening. He was following up a win at Windsor last week, and I thought the market would plunge for him. There were several other good horses with equal chances of winning, including the horse from the Moore yard which went on to win, and I was looking to lay bets at 7/2 or lower. This morning Make My Dream was at the top of the market at 4/1, but by the off the market instead saw the Moore horse as favourite and consequently the price on my choice drifted and was never short enough to risk a lay bet. Shame as he could only manage a third place.

Results from the last 7 days

Only three days to report this week, after the service returned on Monday. I enjoyed a fabulous three weeks in southern Spain with the family. Our three boys absolutely adore our villa, spending most of each day in and around the pool. This year they were surprised by the arrival in the last week by their cousins - and their aunt and uncle, my brother and his lovely wife. Great weather, great food and drink, and great company.

Fully recharged I have yet however, to spark with any good results. Only one winner from eleven win bets this week, with a couple of points gained with a successful lay bet. I need to get my head back in gear if we are to get our nose in front before the end of the month.

Weekly profit results: Win Bets 7.5pts loss, Lay Bets 2pts

Total profit so far this month: 5.5 pts loss
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Tuesday, July 22, 2008

Square Eddie shapes up well to win

A small profit overall today, but still less than a point, and I'm still looking to find my stride before the end of this month shortened by my holiday absence. I saw the one winner from five selections today. Square Eddie was competing at Salisbury this afternoon, in a maiden race over 6f. This colt finished only a length down in a class 2 event back in May, and so clearly had the form to win. A disappointing return in a Group race probably accounted for the value price of 5/2 on offer this morning, but by the off the market had realised this was the horse to be on, and he was eventually sent off at a paltry 6/4 He came home by over three lengths to regain a couple of points profit for me.

I got myself back into the black today by successfully overturning the favourite Hurricane Hen at Great Leighs this evening for 2 points.

Profit so far this month: 4.5 pts loss
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Monday, July 21, 2008

Monday horse racing summary

I was back, fully refreshed and tanned from my three weeks in the sun, and raring to go! However, the results on my first day back at the coal face were distinctly lack-lustre.

I proposed five win bets, and not one of them scored. I also had one lay bet, where I wanted to oppose Astrodome in the 2m handicap at Beverley this evening. Here was a horse who has had three runs this season, and never come close to winning, yet has only been lowered 2lbs by the handicapper, and was still a 7/2 favourite on some sites this morning. I was looking for 7/2 as a minimum price but this never materialised on the exchanges, so it has to go down as a 'no bet'. Pity, as he lost again and this would have salvaged a little from an otherwise forgetable day.

Profit so far this month: 5 pts loss
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