My OperaHorse Race Betting - Some Popular Staking Plans
Thursday, March 15, 2012 2:17:47 PM
Horse Racing BettingIn Horse Race Betting the normal approach is to study the form of all the horses in a race and based on this make a selection. Now if you look at the records over the last 20 years you will find that for instance in Novice Chase races the percentage of winning favourites averages around 43% which is getting far more favourable for us.
If we delve down even further we find that two courses, Fakenham and Fontwell both have above 50% record of favourites winning Novice Chases. Although some of these winners will be odds on you should be able to make some kind of profit by backing the favourites in novice chases at these courses. There are several other courses that have just under a 50% success rate which can also be worth looking at.
Another percentage that might help you find winners in 2 year old races is the fact that in March only 29% of favourites win their races but in June and July the figure rises to 41%. So it is plain that mid summer is the time to start looking at 2 year old favourites.
All this is good and well but how do you get hold of these statistics? The good news is that they are all available for free on the Internet. Just visit the web site www.adrianmassey.com and you will find them all available to you. Adrian Is not really a horse racing fan but is an expert computer programmer who has run his site since 1999 and it is packed with useful information for the punter and is well worth visiting.
I did say there were 3 methods of making your selections and the third can be as successful as any in the big races such as the Grand National and that is to simply use a pin.
In Horse Race Betting there is a school of thought that believes that any horse racing system that cannot be profitable using level stakes is not worth bothering with. There is some element of truth in that statement but it is also true that some systems can be made even more profitable by using a staking plan.
If you are going to take horse race betting seriously then it is important to allocate a specific sum to be used as your betting bank. This should be an amount of money that you can afford to lose if everything goes wrong for you.
There are many different staking options available and the first I have already mentioned which is:
Level Stakes. In this case you will place the same amount on each of your bets. You should decide exactly what percentage of your betting bank you want to use. For instance if your bank was ??100 you decide to make your stake 1% of the bank i.e. ??1 per bet. This would mean that you would need 100 consecutive losing bets to wipe out your bank which hopefully would never happen. If it does horse race betting is just not for you.
Compounding Stakes. For staking purposes it follows the following sequence 1,1,2,3,5,8,13 and so on. As you can see, it basically worked by adding the two previous numbers together to get the next number.
If we delve down even further we find that two courses, Fakenham and Fontwell both have above 50% record of favourites winning Novice Chases. Although some of these winners will be odds on you should be able to make some kind of profit by backing the favourites in novice chases at these courses. There are several other courses that have just under a 50% success rate which can also be worth looking at.
Another percentage that might help you find winners in 2 year old races is the fact that in March only 29% of favourites win their races but in June and July the figure rises to 41%. So it is plain that mid summer is the time to start looking at 2 year old favourites.
All this is good and well but how do you get hold of these statistics? The good news is that they are all available for free on the Internet. Just visit the web site www.adrianmassey.com and you will find them all available to you. Adrian Is not really a horse racing fan but is an expert computer programmer who has run his site since 1999 and it is packed with useful information for the punter and is well worth visiting.
I did say there were 3 methods of making your selections and the third can be as successful as any in the big races such as the Grand National and that is to simply use a pin.
In Horse Race Betting there is a school of thought that believes that any horse racing system that cannot be profitable using level stakes is not worth bothering with. There is some element of truth in that statement but it is also true that some systems can be made even more profitable by using a staking plan.
If you are going to take horse race betting seriously then it is important to allocate a specific sum to be used as your betting bank. This should be an amount of money that you can afford to lose if everything goes wrong for you.
There are many different staking options available and the first I have already mentioned which is:
Level Stakes. In this case you will place the same amount on each of your bets. You should decide exactly what percentage of your betting bank you want to use. For instance if your bank was ??100 you decide to make your stake 1% of the bank i.e. ??1 per bet. This would mean that you would need 100 consecutive losing bets to wipe out your bank which hopefully would never happen. If it does horse race betting is just not for you.
Compounding Stakes. For staking purposes it follows the following sequence 1,1,2,3,5,8,13 and so on. As you can see, it basically worked by adding the two previous numbers together to get the next number.
