Systematic
I’ve
been quietly cultivating a teenage mate of my daughter’s in the art of proper
punting. From an early age he showed promise. When our two families went to the
races he steadfastly refused to bet on the basis of gaudy colours,
alliteration, or some such impulsive nonsense. Even when the girls in our group
were cleaning up at Newmarket because they liked the jockey named ‘Barzelona’, he resisted.
Mikael Barzelona rode a hat trick that day. I told CB-D not to worry. It was all about
the long game and shrewd punting would always win out. Eventually.
A
recent blog on here noted the progress made by CB-D now he’s old enough to
place his own bets (and buy his own beers) at Sandown. There was evidence of
actual, proper form-based punting.
Our
family trip to the Peaks the other week coincided with Royal Ascot. CB-D texted
me on Day 1 to say that, in effect, he was going to have 'a proper good go'. He’d
dedicated some quality time to study, weighing up various combinations of relevant factors and was in
bullish mood. His confidence was not misplaced. CB-D landed a well worked bet on
Ribchester, garnered from a freebie; and then found a place return in the impossible
Ascot Stakes with Endless Acres at 10/1. By Thursday the young man was
experiencing the unbridled joy of smashing up the bookies with an each-way pay out on Roly Poly at 22/1 backed into 12/1. Later, his emerging maturity was evident in a text message that read “Three days of betting on literally every race at Ascot
and I am literally even and am very happy with it.” Literally, no doubt. And by Friday, the crowning
glory: “35 quid up today. Can’t complain.”
By
comparison, I had landed Big Orange in the Gold Cup at Rascot and that was it.
My other winner of the week was at distinctly non-Royal Ayr’s evening meeting.
A case of the student becoming the master. But yes, I am absolutely taking the credit.
I
suspect I have further to go with my other protégés. Tom - that’s Daughter No
2’s boyfriend’s Dad - was taking advantage of a company jolly with his wife
Marzia at Windsor. He asked for a couple of tips. I sent through a few thoughts
on the handicaps because I’m trying out a new trends-based method. More on this
later.
The
last two won: Tahoo at 3/1 and C’est No Mour at 5/1. Admittedly, nothing there
that was life-changing, but I was quietly pleased all the same. I didn’t hear
anything from Tom for a couple of days. And then a text arrived to say he
backed the first couple, which lost and he became irredeemably distracted by
the free booty in his box. He was unaware of the missed the winners. An
understandable mistake for, with the greatest of respect, a novice. Marzia,
whilst not backing the horses, had at least noticed they won. That’s all the
recognition I craved. We have agreed to go to the races together for a full
scale practical session in the very near future.
Last
year I talked about finding a formula for the flat season. A magic bullet.
In
weaker moments, I know that I’m a sucker for a system. I’ll tell
anyone who is remotely interested (and worse informed than me) that you can only
make money on the horses through study, research and hard work. Yet I’m always
vulnerable to an invitingly dangled short cut. When laziness takes over, I’ve
capitulated with the odd website that offers tips based on various formulas and trends.
Most
of them boast of massive points profits per year. Whenever I’ve
subscribed to free trials - purely for information gathering purposes, of
course - well, guess what, things don’t work out. Various factors come into
play. Some are obviously scams looking for paid membership. Or the approach
suddenly hits a flat spot miraculously coinciding with my arrival. Other times
the methodology requires a massive number of bets to be placed each day in
order to secure a minuscule profit.
Dabbling
like this is good because it simply reinforces what I know that punting by
numbers will never work.
Nevertheless,
there’s something I’m keen to explore about using trends in the form of a horse
to expose value. So I’m furiously punting up a system of my own. If you can’t
beat ‘em, join em!
I’m
deep into a trial which is focusing on horses who are running on underfoot
conditions for which they have a clear preference versus their overall record.
This is limited to 3yo+ flat handicaps where there is enough form to derive an
opinion and the scope for horses to have dropped a few pounds.
The
small sample of bets placed at the fag end of last season were encouraging.
I’ve tweaked the qualifying criteria a bit for this season. So far the approach
had been going well. I turned a healthy profit in the first half of the season
and the Return On Investment, at least initislly, was through the roof.
Then,
during Royal Ascot, I made the mistake of sharing this heady success with a
mate. Now I’m running to stand still. Only three winners and a couple of
disheartening losing sequences mean I’ve fallen away from the early season
peak. I’ve turned into one of those bullshit tipping sites!
Well,
not really. I believe the methodology has legs, though I need to work on
interpreting the data. It’s a systems-based approach to identify a short list
and then the application of traditional form analysis to inform the actual bet.
Isolating one or two factors can never provide a perfect system. But as one of
a number of tools, used selectively, it should have a value.
The
sample needs to be larger. The next 10 days or so feature some fantastic handicap
action up and down the country in really competitive races. This gives me
chance to give the rules a full road test in amongst the thick of it, rather than
gaff-track, small field Class 4s.
If
it holds up, I’ll post some selections on here and shake off the after-timing
tag.
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