Horse racing betting is notoriously one of the most difficult vocations any punter can undertake. Some will of course rely on professional horse racing tips. Whilst there are hundreds of racing taking place weekly, giving bettors multiple opportunities to win big across a variety of horse racing disciplines, the form book can often go out of the window and seemingly any horse can win any race. If the horse has won over course and distance award 4 points. If the horse has been a beaten favourite award 2 pts. Finally if the horse is in the first 3 of the betting award 3 points. Therefore a maximum score for a horse would be 24 pts. To this score I then add the horses RPR (Racing Post Rating). It is always a good idea then to compare laying against dutching in all qualifying races. The bigger the field, the more inclined I would be to lay one horse and have the other horses running for me. The smaller the fields, with favourable conditions, the more inclined I would be to dutch. Are there any downsides?
I sent you an email this morning saying that I was going to make
a steady £15 profit everyday this week by using a simple
strategy combined with the TPS Ratings.
Well I have just collected my profit for today, and here is how to do it......
I have been 'dutching' the 1st and 2nd rated horse, starting with the first
race of the day, here are the rules:
Set my daily target of £15
1) Skip the race if one of the top 2 rated is a non runner
2) Skip the race if one of the horses is 'odds on'
3) split your stake with the intention of winning your profit target regardless of which horse wins
4) If they both lose, repeat for the next race but this time you add the losses from the previous races!
17th July
Race 1 - 5/4 & 7/1 LOST
Race 2 - NR No bet
Race 3 - NR No bet
Race 4 6/5 & 11/2 LOST
Race 5 - 100/30 & 9/2 LOST
Race 6 - 2/1 WINNER +£166.41
Overal profit on the day = £15
18th July
Race 1 - 2/1 WINNER +£15
19th July
Race 1 - 4/5 (I actually got Evens prior to the race so this counted for me)
WON +£15
20th July
Race 1 - 9/4 WINNER +£15
21t July
Race 1 - 4/1 WINNER +£15
So there you have it, a very simple strategy that bagged me +£75 using modest stakes.
Obviously you can set your daily target higher, but I used £15 as its a comfortable amount for most people
Bank:
I used a bank of £500 but did not risk anywhere near this amount. the first day was the biggest liabilty day as the bet did not win until the 4th qualifying race.
Stop Loss:
I highly recommend you use a stop loss, it's really up to you where you set it.