Punting Advice

D

Double J

At the Start
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Nov 16, 2016
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Each way punting. Do you do it? Is it worth it? My thought is no, don’t do it. If the horse can’t win why would you back it in case it ‘sneaks’ a place.

If this is a blindingly obvious question i apologise. But this year I’m somewhat in profit, and I’m certain that’s cause I’ve stopped looking for the ‘each way angle’ or it could be im just reading races slightly better or just getting lucky.

I’d just like to know how others go about their punting.

P.S. Forgot about multiples, I’ve stopped going for the jackpot and been very strict on just backing singles or short priced doubles. Going for the Hollywood multiples every week soon adds up.
 
Slim said:
I did 100 tweets on punting last Xmas. Forgive me for not being able to motivate myself to give you a proper answer but there is method to some if not all of what you are saying.

https://twitter.com/freddy6T6/status/1207413542187622400?s=19
Click to expand...

I’d love to know how long that took :lol:
I only skim read then but I’ll have a good look tomorrow. Genuinely trying to soak in as much as I can. My grandad was a bookie and he always said if you’re unsure ask for advice, so this is me...

I see you say play multiples, and I did last year. But on a average weekend card, I’d have say 5-9 bets. How would you play them in multis? What’s the best play? Lucky 15s etc or split them into doubles/trebles? My bad habit was playing each way multis. Finding a few ‘could run into a place’ horses at silly odds and whacking them in a lucky.
 
E/W lucky 15s are the best bet by the maths but I personally like doing win lucky 15s. The most extreme I do is an 8 horse Lucky 15 perm (x14 lucky 15s). 4 winners guarantees you a treble up.
 
Bookies hate consistency which bought me my first car..a Hillman Hunter

How? Studied every racing paper there was read every story 6 days a week and on a Saturday backed 3 horses at an average of 7/2

3 x 10 doubles and a 20 treble

You need one treble to break even out of 50

all the doubles and any other winning trebles become profit

You will never lose a great amount but can end up winning plenty

I only stopped because I started riding out became friends with several northern jockeys and was getting good info..which is another story

You bet every day you will lose unless by some miracle you have a 6 horse accie up
 
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Double J said:
Each way punting. Do you do it? Is it worth it? My thought is no, don’t do it. If the horse can’t win why would you back it in case it ‘sneaks’ a place.

If this is a blindingly obvious question i apologise. But this year I’m somewhat in profit, and I’m certain that’s cause I’ve stopped looking for the ‘each way angle’ or it could be im just reading races slightly better or just getting lucky.

I’d just like to know how others go about their punting.

P.S. Forgot about multiples, I’ve stopped going for the jackpot and been very strict on just backing singles or short priced doubles. Going for the Hollywood multiples every week soon adds up.
Click to expand...

Simon Rowlands in his ATR/Timeform blogs, like Slim, is an advocate of each-way betting when the maths favour it.

I'm more reluctant to go each-way with single-figure prices but with bookies offering boosted odds and extra places it is a prudent route to take.

Some people don't mind either way. I often mention my brother (the one who punts) on here. He punts £2w/£1ew as he would have a nosebleed if he risked a fiver on anything but tends to keep in front. I mentioned Gardefort in my email to him last Saturday when I put it up on the longshot thread at 28/1 and he backed it win only. I think he thought it would either win or blow out. Either that or he just didn't check the price. He just laughed it off so there's an element of mindset involved. Is it just a bit of fun or are you trying to make money.

In the last year or so I've been forced to tip the balance more towards recreation but I still take the studying part quite seriously.

The bottom line will always be [perceived] value, which is first and foremost what I'm looking for. Find two or three that are longer prices than they should be and if you're right (the hardest part) you should stay in front in the long term. Combine them in doubles and trebles and you will compound the value, as mentioned elsewhere last week.

EG - find three 4/1 shots that should be 2/1 each and you're also getting 24/1 instead of 8/1 each double and 124/1 rather than 26/1 the treble. **

I would suggest experimenting again with the multiples to very small stakes to see how it goes. For example, if you're normal bet is £20w or £10ew, go for £2w/£1ew doubles/trebles until you have a clear picture of where your fortunes are heading. If they're heading south it's easy enough to stop doing them. It might suggest your selection process (something I have been through myself) is flawed but it's always something to learn from.

Good luck and may all your winners be value prices :)

(** Bear in mind, mathematically it's still 1/8 and 1/26 that you're gonna lose!)
 
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Double J said:
Each way punting. Do you do it? Is it worth it? My thought is no, don’t do it. If the horse can’t win why would you back it in case it ‘sneaks’ a place.

If this is a blindingly obvious question i apologise. But this year I’m somewhat in profit, and I’m certain that’s cause I’ve stopped looking for the ‘each way angle’ or it could be im just reading races slightly better or just getting lucky.

I’d just like to know how others go about their punting.

P.S. Forgot about multiples, I’ve stopped going for the jackpot and been very strict on just backing singles or short priced doubles. Going for the Hollywood multiples every week soon adds up.
Click to expand...

I’m with you, DJ, win singles only. Prefer to save on a threat (if the market indicates one) to my selection rather than EW. Rarely back anything beyond single figures and the vast majority below 6/1. Occasional EW fun bets on longer odds fancies when 5/6 places offered.

Won’t back drifters (or add to them if I’ve taken a smallish early price), but frequently add if they go the other way.
 
I don’t think you can be dogmatic about it. Every horse has its price under certain race conditions.

Betting each-way against shorties in novice chases is often rewarding - Monkfish and Shishkin excluded.
 
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If one thing this proves, everyone has different ways and angles for which they bet on. I’ll keep betting this NH season the way I am, if it ain’t broke don’t fix it.

Always nice to know different ways though of exploiting markets. Particularly novice Chase ones as Grass has mentioned.

I just often find myself in a sulk on a winning day that I didn’t whack winning singles in a lucky or something of that note. Probably just greed, but I’ve been disciplined this year and it seems to be working somewhat better.

The losers still leave a very bitter taste, especially when you put a line through the winning horse :lol:
 
barjon said:
I’m with you, DJ, win singles only. Prefer to save on a threat (if the market indicates one) to my selection rather than EW. Rarely back anything beyond single figures and the vast majority below 6/1. Occasional EW fun bets on longer odds fancies when 5/6 places offered.

Won’t back drifters (or add to them if I’ve taken a smallish early price), but frequently add if they go the other way.
Click to expand...

Agree with much of this; stick to the first half-dozen in the market and won't miss many winners. occsaionally bet longer, but never on price alone.
 
The only time I occasionally bet each way is if I am at the track and it is just a day out.
Serious betting is done win only, rarely more than 10 runners and normally confined to first three in the betting.
 
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