The JP McManus Thread

  • Thread starter Thread starter SlimChance
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SlimChance said:
t's hard not to respect a rogue like JP that can operate at that level. He doesn't move markets, he owns the market when he punts. That creates problems that requires outside the box thinking that a few on this thread seem incapable to comprehend.
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Spot on. Don't follow the jumps but can confirm that anyone who thinks JP isn't a huge huge punting owner needs sectioning.

He's partial to getting the money down when they're not so off as well but I shall not elaborate any further on that point. :ninja:
 
Gamla Stan said:
Spot on. Don't follow the jumps but can confirm that anyone who thinks JP isn't a huge huge punting owner needs sectioning.

He's partial to getting the money down when they're not so off as well but I shall not elaborate any further on that point. :ninja:
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Thanks, I felt like I was on my own here.
 
Yes, there was a bet (which he admitted to) at the festival a few yeas ago, 5k each way on a 50-1 shot, ridden by an amateur. I forget the name.
 
He commented this after the race;

The winning owner, successful earlier in the afternoon with Reveillez, commented afterwards: “I have mixed feelings after the race as losing Olaso was a sad end to what has been a great day.

“Horses are my life, so to lose one is always sad. This has put a real dampener on proceedings.

“I thought that Olaso had a bit of a squeak. He wants his own space in a race and has stayed on well at the finish. Tom Ryan has given him an excellent ride.”

This was the owner’s second big-priced winner in this race following the 50/1 success of Creon two years ago.

McManus added: “I had a little bit on him. You never have enough on them when they win!

“I don’t know where we go from here - I’d forgotten he was in this race!”

He knew full well it was going to win!!
 
SlimChance said:
Thanks, I felt like I was on my own here.
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Do you really believe McManus turns a profit from his racing operation?

If he does I genuinely don't believe he sets out with that aim in mind. He definitely wants to win but the way he goes about it suggests he's happy to help people out along the way.
 
When Foot & Mouth hit I went to the rearranged Punchestown at Leopardstown on the Friday and JP was next to me and had £4k on Like A Butterfly on the rails bookies
Needless to say , I put £50 on....and it won
 
Aragorn said:
Do you really believe McManus turns a profit from his racing operation?

If he does I genuinely don't believe he sets out with that aim in mind. He definitely wants to win but the way he goes about it suggests he's happy to help people out along the way.
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1/100 Yes
40/1 No

You need an open mind to understand this. For a start I suggest you read the worst piece of journalism ever written which was an RP Sunday article by Brough Scott on the 'great man' where he boasts about having it off on a JP gamble while he was there for the interview. Everyone talks about traing fees erc but these mean that people owe him the highest quality information. He can have a bet and rule our half the field. Some people on here are so naive that I wonder if they've expecting Santa Claus to deliver this year.
 
Santa Clause would here already if you were actually prepared to lay 40/1.

With purchases his hobby probably cost him 7 to 10 million a year.

Who are these bookies who lay him and lose that sort of amount year in year out? Anyone trying to have a big bet on a JP horse who is unknown to a bookie is 100% certain to get knocked back.

John Banks was so scared of taking JP's bets when he was a ferocious punter he handed him over to Freddie Williams. There' simply isn't anyone around to take the chances he did. He himself was lucky his bank manager allowed him to continue at one point as he was deep in debt and just about flat broke on paper. His bank manger took everything he could and even joked about him leaving his shoes as security on his overdraft.

Freddie Williams was a bigger gambler than JP and they simply don't make them like him any more.


Must be a lot of bookies going around skint if JP is taking that sort of money out of the game.......you wanna give us examples of JP's latest major touch. Like 100k on such and such?

Funny you never seem to read anything about him taking X amount out the ring these days

Could it be he's telling the truth when he says "I very rarely bet these days and when I do they are only small bets" I now regard myself as a disciplined punter.


You seem to think the man's blatant liar and I am trying to work out why would he lie?
 
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SlimChance said:
1/100 Yes
40/1 No

You need an open mind to understand this. For a start I suggest you read the worst piece of journalism ever written which was an RP Sunday article by Brough Scott on the 'great man' where he boasts about having it off on a JP gamble while he was there for the interview. Everyone talks about traing fees erc but these mean that people owe him the highest quality information. He can have a bet and rule our half the field. Some people on here are so naive that I wonder if they've expecting Santa Claus to deliver this year.
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Slim, he makes money gambling on forex etc. I would fully expect his punting to be profitable but if training fees are considered an overhead I'm not convinced by your reasoning.

Does somebody know how many horses he has in training? Let's say 300. At 15k per year in training fees that's a 4.5mio overhead. He won around 2.7mio in prize money on both sides of the sea last year. So not even taking into account the purchase value of his horses, which is likely to be massive, he'd have to have made 1.8mio last year on punting.... Where exactly is he getting these bets laid? A very good punter may make 5-10% return so even at 10% he'd be staking 18,000,000 a year....

I might be missing something so perhaps you can explain in detail how he does it....
 
He had around 1300 runners last year in the UK and Ireland.

He has maintained, or in Irealnd increased his number of runners during the credit crunch. When everyone else has been tightening belts McManus has increased his horse ownership. The act of a shrewd punter or someone with a socialist, philanthropic leaning?
 
I honestly don't know Aragorn, and I don't think anyone else really does either. In the age when everyone is supposed to know everything via technology, great social media and journalists, well err, the don't in this instance. The general message you'd give to any novice punter would have to be, (sorry Mr Tanlic!), steer clear of 95% of horses he owns at Jackdaws with Jonjo, and just accept that he's a hard owner to decipher.

An amazing thing to say when you think this trainer won the Gold Cup last season and came a nostril from winning the Grand National I know, but probably on statistics true all the same.
Maybe there's six different JP's that exist with different personaltities and he has a few stunt doubles aswell haha.:)

Without being derogatory to JP it must be great being a Trevor Hemmings, Clive Smith or O Leary, knowing your opponents strategy is not what it should be. If I was a serious punter (which I'm not), having to assess his horses in races day in day out, I'd be pretty numb aswell, unless I was laying a lot of the losers.
 
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No need to apologies Jonjo is as loyal to JP as JP is to Jonjo and he woudn't show you a birds nest when it comes to his horses and other owners know better than to ask.

Obviously the odd bit of info gets out but generally speaking it's nuts trying to work out what to expect.

Jonjo never breaks the rules by stopping them on the track he's way too wily for that he just leaves them in need of a gallop or 20 :0)

JP had 423 horses in Gt Britain and Ireland at the end of last season I believe
 
So now you're saying that JP's horses are plotted to land gambles, and when they're not off Jonjo leaves them short of a gallop?

Make your mind up!
 
I said nothing about gambling only you did.........Jonjo has been training horse on the racecourse for years and yes they normally are spot on for Cheltenham. Whether JP decides to back them or not is another matter.
 
Tanlic said:
I Wonder?

Much depends on how Nicky sees him. He absolutely loves to win the old Schweppes Gold Trophy and a win here would see him take another hike in the weights. The fact he's not sending him the trial route may be an indication he's not Champion Hurdle class

Plus when he won at Taunton Barry reckoned he looked to win easier than he actually did and he wasn't confident he'd have found a lot on the rain softened ground.

I can't see him getting knocked about on Sunday if the ground does come up really soft. In fact if it gets any softer don't be surprised if he doesn't run and Cash and Go who loves the soft does

7/2 top weight, never won on the ground, first run of the season...way too dodgy for me......I doubt if JP or many will be backing him for bucket loads.
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There you go SLIM as predicted and if that doesn't convince you that JP doesn't back them AP with good reason nothing will
 
Aragorn said:
Slim, he makes money gambling on forex etc. I would fully expect his punting to be profitable but if training fees are considered an overhead I'm not convinced by your reasoning.

Does somebody know how many horses he has in training? Let's say 300. At 15k per year in training fees that's a 4.5mio overhead. He won around 2.7mio in prize money on both sides of the sea last year. So not even taking into account the purchase value of his horses, which is likely to be massive, he'd have to have made 1.8mio last year on punting.... Where exactly is he getting these bets laid? A very good punter may make 5-10% return so even at 10% he'd be staking 18,000,000 a year....

I might be missing something so perhaps you can explain in detail how he does it....
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Only read this now but you're spot on. Gambling is fun to him, he likes a punt, but doesn't make anything worth talking about from racing.

Would be interested in seeing if your figures can be disproven though...
 
Slim
Considering Patrick Veitch employed an army of agents, pulling all sorts of strokes to get on at worthwhile prices, and still earned many times less than JP would need to break even, I'd dearly like to know who you imagine lays JP these enormous amounts; and why they keep doing it?
 
Veitch will be doing it full time as well. McManus has too many other things going on but again, I could be proven wrong...
 
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