Colin Phillips
At the Start
Came across this yesterday.
www.racingconsultants.co.uk
www.racingconsultants.co.uk
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I'm flattered by the attention gents!
The name wasn't my idea (I wanted to call it "**** Me - there's two of them!", but that was turned down by Betting School, the site which devised and markets the service, and the poor grammar on the homepage is down to them too). I'm not going to spam the forum by attempting to get anyone to join, as the fact that it's been running for nearly eighteen months without me popping in to promote it would suggest. Betting School have a large customer database, and we've done well enough simply promoting it within that demographic.
If you're thinking of setting up your own service, then doing it through an intermediary has its advantages, as you don't have to whore yourself around the marketplace, but the downside is they get most of the money. It's also big negative setting up with a co-author, as you then have to split the smaller slice of the pie in half, meaning that you'll take home less han 20% of the money generated by membership. That said, it's been a positive experience, and the fact that you need to convince someone else that your picks are worthwhile tends to stop you tipping some of the rubbish you might if given a free rein! On the other hand there are plenty of times when a winning tip gets the kybosh from the other fella, which can strain relations, but neither myself nor Dave is an egomaniac, so while there's always a bit of needle in such circumstances, it's soon forgotten. I wouldn't let him tip Jigsaw Financial today, for example, so I've got both barrels this evening, but I'm still the winner in that battle, after the massive jokebag vetoed my 9000-1 tricast at Thirsk last month.
As you'd hope, there's no "This is scorching up the gallops, and is expected to win without coming off the bridle" bollocks, just selections based on racereading, form and market analysis. We also make an effort to produce a 1000-1500 word write up each day, so people know why we fancy what we do. It's a lot of hard work, and it's tough keeping the numbers up through the winter, making you wonder why you bother, but we've managed to retain a hardcore of about 100 subscribers who will happily ride out the occasional losing month, while every time we hit the motherlode, it gives the marketing boys an excuse to prepare another mailshot looking for new members. There is an element of the law of diminishing returns about that approach, though, as the mailshot is going to the same people every time. All in all, it's been a rewarding exercise, and I'd not put anyone off giving it a go themselves.
firstly - i've always sung Rory's praises on here..he is one of the best pundits i've listened to..i still believe that...in fact as far as understanding form and reading it..its hard to find anyone else with the grasp he has
the main problem i have with someone wanting to sell this skill..is WHY???
over the years i've seen the best people on the internet that know what they are talking about re reading form..i can name them on one hand..by username only..and they are a very small group of names.
i'll ask what i have asked before through the years..if you are as good as i think..why would you sell your knowledge when if you are that good you should have no money worries because your knowledge gives you that edge?
this is a serious question..and i speak through actually making my money now from betting on horse racing...i have no job now..my only income comes from whether or not i make money from betting horses..so I'm not sat in some comfy position of having a day job to keep the wolf from door
if you can make money without the hassle of dealing with"customers"..why would you invite that hassle?
firstly - i've always sung Rory's praises on here..he is one of the best pundits i've listened to..i still believe that...in fact as far as understanding form and reading it..its hard to find anyone else with the grasp he has
the main problem i have with someone wanting to sell this skill..is WHY???
over the years i've seen the best people on the internet that know what they are talking about re reading form..i can name them on one hand..by username only..and they are a very small group of names.
i'll ask what i have asked before through the years..if you are as good as i think..why would you sell your knowledge when if you are that good you should have no money worries because your knowledge gives you that edge?
this is a serious question..and i speak through actually making my money now from betting on horse racing...i have no job now..my only income comes from whether or not i make money from betting horses..so i'm not sat in some comfy position of having a day job to keep the wolf from door..my question is purely based on my own position
if you can make money without the hassle of dealing with"customers"..why would you invite that hassle?
again i'll say..i'm interested in why someone would go down this route..its not a judgement..its curiosity as i've seen very good people in the last 15 years who i've wondered the same about.. with you Rory..i know you will give an answer to what has mystified me for a long time.
It's a fine question, EC1, and I think it might be cathartic for me to answer it in a slightly longwinded way.
They say "Those that can do, and those that can't teach", and while I might be a bit offended if someone aimed that at me, I need to acknowledge that I don't have the kind of mentality needed to raise a young family family while punting for a living (I've an 18-month old son, and another boy on the way). Betting as a professional requires a certain mindset which is impervious to the inevitable losses, and while I'm pretty even tempered as a punter, I find that taking that discipline without the safety net of a guaranteed income, either as a pundit or a tipster puts a strain on my mental equilibrium. In short, I've no problem making a modest profit when it amounts to an additional revenue stream, but I haven't the bottle to be a professional punter.
Maybe I'm in a minority here, and everyone else is able to juggle punting like a pro with a cosy home life, but I've had to swap getting up at 6.30 in the morning to write up an 8-race card for Timeform with rising at the same time to watch Toot The Tiny Tugboat and Bob The Builder with Felix. I know that compromises my ability to make a living out of betting, but swapping that around compromises my ability to be a good dad, and I've made my choice. When my wife was 8 1/2 months pregnant, I was told that I'd be losing all the work I did as a freelancer with Timeform, which at that time typically comprised writing up 90 horses a day for 4/5 days each week, plus half a dozen or so shifts on Timeform Radio. That left me with zero income and no back-up plan. I know that I was very lucky that the Irish Field approached me around the time of the Festival (thanks to Kevin Blake for that), while William Hill filled the gap left by the radio work (thanks to Niall Hannity for that). That enabled me to carry on as before, but made me aware that working as a freelancer has no guarantees, and I was keen to make sure that if I lost one of my current roles, I'd have something left in he locker.
In terms of hassle, there's been none, and fair play to Betting School for that. As I've said, it's a bit gutting to have to give a big chunk of the income for the service to someone else, but it means that all I have to do is produce some logical analysis, and spot a price rick on a regular basis. While the customers are free to send their feedback, the fact that they are prior customers of Betting School means they understand the nature of the venture, and because we're not trying to sell snake oil, the feedback is almost always encouraging. That takes a lot of potential stress out of it, and I can also rely on Dave to take the strain on days when it's a bit too manic at home.