Horse Racing Festivals and Busy Racing Days
I’ve just recently researched this myself, as the BHA (British Horseracing Authority) have been messing around with the racing calendar over the previous few years, and so we currently have more racing than ever. This can cause problems on days were there is a load of racing, especially if you utilize a fixed stake adjusted on a daily basis. They have additionally been manipulating Handicap races in the bookies favour reducing the average strike rate by 2%-3% over the past few years.
I take a standard day as 1-4 meetings, and from 2004 summer racing now includes mostly 3 afternoon meetings, and 3 evening meetings. This is basically 2 days racing in one, and it is recommended you adjust the daily stake when the afternoon meetings have ended if time allows. With more AW (All weather) tracks than ever, we are in addition getting additional fixtures in the winter evenings.
Bank holidays will not be as crowded according to the BHA as in the past when you could have 16 fixtures, but the OFT (Office of Fair Trading) has since altered this. Still a bank holiday may possibly contain over 10 fixtures, and so is technically 2-4 racing days in one! In this situation if it makes you feel more comfortable reduce your stakes by up to 50%, win and lay. You might think you will miss out on potential profit, this is greed, remember patience and security is what makes a professional gambler. If you reduce the stakes, it protects you if it all goes pear-shaped on the day. I may well also reduce stakes in the course of sudden changes in going on any racing day, especially during a storm if the ground jumps from Good straight to Soft/Heavy.
Festivals are comparable to the above in that the competition is always much hotter than average, and is not a standard daily betting environment. So meetings such as Royal Ascot, Cheltenham Festival, Aintree Grand National meetings, are best if you lower your stakes.
Additional Betting Tips
It’s best to hold more than one bookmaker/exchange account so you can compare odds.
The Scoop 6 is worth bearing in mind once it is over ï¿½50,000, as it is not always won by the pro-syndicates.
If you have any doubt about a method bet, don’t put money on, you’ll have another prospect soon.
If you do realize you are losing, and have almost lost the betting bank, discontinue betting and re-adjust everything. You ought to never lose the betting bank if you have the maths correct.
Generally speaking, your initial year at being a professional gambler will be hit and miss as you discover your feet, but you will then have goals and an adequate amount of experience to progress further the following year. It took me in the region of 3 years to get into top gear, but back in the late 90’s we did not have the instantaneous information we do now.
Feel free to broadcast your own tips, systems, and advice on my forum, this additionally helps you to correct errors earlier so you don’t look like a complete fool, and will not only help yourself in the long term, but others as well.
Never over bet on the betting exchanges when laying. By that I mean don’t offer 7/1 for a 4/1 shot, 2/1 for an evens, etc, You should in no way really bet over the odds of more than 15%, but your best trying to keep it to 20% or less. This doesn’t have to be strict, as long as the 10% on some and 20% on others average out. To simplify things, it’s best to never to lay over odds of 10.5.