Introduction

Just what the world needs! Another idiot talking about how to make money from betting on horses. But you never know perhaps unlike people who try to charge you a fortune for stating the obvious, you might get the obvious (and not so obvious) for free.

Just to give you a flavour of what I will be covering in this Blog, I have some distinct views on how horse race handicapping is carried out, and believe that current thinking is fatally flawed. Fatal, that is, for the poor souls who study form based on false information and received knowledge.


I have my own way of handicapping races, and while I’m not going to publish this in its entirety, I will be providing some information, and pointing people away from the (mis)information that pervades the industry.

I always believe that ideas should be backed up by proof, and I will attempt to highlight betting opportunities, but please remember that although some vendors of rubbish will try and talk about ‘investment’, we are talking about gambling, and this is a risk-based business.

Although I tend to use Betfair exclusively, this is for convenience rather than the fact that I believe their claims on who much richer you can become by getting better prices. There is very little price differential at the lower-price end of the market (especially if you are paying commission at 5%) between Betfair and the bookmakers.

Where Betfair scores is on the higher-price selections. Typically, 20/1 at the bookmakers will translate to 30.0 or even40.0 on the Exchanges.

Which is fine if you are Backing (and can pick 20/1 winners) but not so good if you are looking to Lay. However, it should be noted that as Betfair is a (reasonably) free market, the prices more accurately represent a horse’s chance.

As Flat racing is coming to an end I will be concentrating in the main on NH with some AW thrown in. I also concentrate purely on Handicaps.