Category: FAQ

It’s a question many gamblers have asked.

When 98% of gamblers lose money on a regular basis, there is one thing you need to do – separate yourself from the crowd.

It’s logical to think the majority of gamblers cannot win. So the question is: ‘How can the average punter set themselves apart?’

It’s a fallacy that difference the between a successful and poor gambler is about how much money they bet. The wisdom being, the more you bet the more success you will have. This is completely wrong. Without honing your skills you have little chance of beating your opponent – the layer who takes your bet.

But how can your average punter set himself apart?

By having a niche.

You may ask: ‘Why do you need to have a niche?’ Simply because you cannot know everything. A the wise man knows that you don’t need to either. Sometimes less is more and that is the case about a skill-based knowledge.

The chance of a beginner beating a seasoned chess player is zero.

There is no mystery to success or failure. Winning and losing is based on the skill to educate or find a mentor who can do the groundwork.

My specialism is two-year-old horse racing. It is an an age group of race horses which I know to a very high level. In fact, I am confident I am one of the leading experts within this field. This knowledge sets me apart from the crowd.

If you want to make money betting on horse racing then you need to find answers to questions, work in a professional manner and bet selectively when the odds are in your favour.

At times, even the best gamblers need a little bit of luck. In the sense if you have a horse that wins by a nose, you’d rather it be a speculative bet to win a grand than an odds-on favourite.

However, if you rely on luck rather than skill you will soon be living in the poor house.

Every sport has its own terminology. For example, for horse racing, how many furlongs are in one mile?

The answer is eight.

And there are two-hundred-and-one metres in a furlong. An average race horse can run a furlong in about twelve seconds which, is an impressive forty miles per hour (mph).

So a furlong is an eighth of a mile or two-hundred and twenty yards.

In the UK thoroughbred race horses run over a minimum distance of five-furlong, which on average takes about one minute to complete (on average 6 seconds for 100m). Times vary from racecourse to racecourse. Epsom, which is predominantly downhill, is reputed to be the fastest courses in the world. In fact, the current world record is 53:69 seconds, set by a horse named Stone Of Folca in 2012.

The longest Flat race distance is about two miles four furlongs. In fact the Queen Alexander Stakes run at Ascot in June covers a distance of two miles five furlongs and one hundred and forty three yards. It is the longest professional Flat race in the world.

There are 60 racecourses in the UK, predominantly on the turf with a handful taking part on the all-weather tracks.

The National Hunt racing distances vary from 1 ½ miles (National Hunt Flat race) to 4 ½ miles regarding the Grand National which takes part at Aintree, Liverpool. The place where legendary racehorse Red Rum won in 1973, 1974 and 1977.

The UK is one of the best places in the world to enjoy horse racing.

 

Beyond the idiomatic sense of being discouraged from doing something, in the world of horse racing, a individual who is ‘warned off’ is subject to a specific punishment imposed by a regulatory body, such as the British Horseracing Authority (BHA), in Britain, or the Irish Horseracing Board (IHRB). Once ‘warned off’, an individual cannot enter premises licensed by the regulator, such as racecourses or training establishments, including their own, or associate with jockeys, trainers, owners or any other licensed or registered persons. The duration of the punishment could be months or years, at the discretion of the regulator.

For example, in March, 2021, Simon McGonagle, head lad to Co. Meath trainer Gordon Elliott, was warned off for nine months, seven of which were suspended, for taking an infamous photograph of Elliott sitting astride a dead horse. The photograph circulated widely on social media and led to the trainer being fined €15,000 and having his licence suspended for six months. Both men were found guilty of acting in a manner which was ‘prejudicial to the integrity, proper conduct or good reputation of horseracing’. Other serious rule breaches include corruption, in all its forms, and administering prohibited substances, such as anabolic steroids, to horses.

The so-called ‘Bookies’ Nightmare’ is a horse racing bet involving nine selections, in nine different races, which are combined in a series of smaller multiple bets and one nine-fold accumulator. The smaller multiple are two Patents, one on selections 1, 2 and 3 and another on selections 7, 8 and 9, two Yankees, one on selections 1, 2, 3 and 4 and another on selections 5, 6, 7 and 8, and one Round Robin, on selections 4, 5 and 6. All told, a Bookies’ Nightmare constitutes 47 individual bets.

The Patents are simple enough, insofar as they involve three singles, three doubles and one treble on each group of three selections. The same is true of the Yankees, which involve six doubles, four trebles and one four-fold accumulator on each group of four selections. However, the Round Robin is a little more complicated, because it not only involves three doubles and one treble on the remaining three selections, but also three pairs of singles stakes about, or ‘up and down’, bets, which are worthy of further explanation.

Assuming the unit stake is £1, for selections 4, 5 and 6, the single stakes about bets are £1 win 4, any-to-come £1 win 5, £1 win 5, any-to-come £1 win 4, and so on for selections 4 and 6, and 5 and 6, making six bets in all. In each case, the second part of the bet is only of any consequence if the first part of the bet wins. For example, if selection 4 wins, the stake on selection 5 will be doubled, but if selection 4 loses there is nothing to come, so the stake on selection 5 will remain the same; if selection 5 then wins, £1 will be deducted from the returns for the any-to-come bet on selection 4, which has already lost.