DON'T FORGET....THE FAVOUR BANK!!

Mistakes are the portals of discovery.
James Joyce - Irish author (1882 - 1941)

When everybody thinks alike, Everyone is likely to be wrong

Losers think of selecting the winner and beating a race. Professionals think of betting for value and beating the races

Never succumb to anyone who just wants to let you know what you are doing will never work as they are Predictors of the Inevitable

Don’t fall foul of the favourite/longshot bias i.e. Horses with short odds (i.e., favorites) tend to win even more frequently than indicated by the final market odds, while horses with long odds (i.e., longshots) win less. So, don’t underestimate the chances of preferred contenders and overestimate the changes of marginal contenders. STOP looking for the big outsider and focus on VALUE

The best handicapping literature in the world are your own records....keep track and don't wank yourself!

The crowd is smart … so let them do the handicapping and analyse them...then look for the opportunity

The difference between success and failure is small. Therefore you need to continually work to maintain your edge and continually work to improve your performance.

Successful punters think in terms of chances., not fancies and certainties. They try to assess the true chance of a horse in a race and bet on the basis of their evaluations.

Value is all-important – not winners. The secret is not getting more heads than tails, its winning more when a coin comes up heads than you lose when it’s tails

Common sense dictates that you cannot outsmart the public if you are handicapping with the same information and methods as the public

The successful punter never allows items of news, “whispers” or thoughts of others override his train of thought when assessing a race’s runners for betting purposes

DON"T follow the market movers - following the herd is fine until they all run off the side of a cliff together.

If you want to make money … big money … do what nobody else is doing

To be a winner, one must know or perceive things which the public must not grasp. If there is no special insight then there will be no special odds, no bargains, no overlays; the more that information is used by the public, the less it pays off at the bookies

To be successful you’ve got to have had some failures in your career - - otherwise you have probably been too conservative

Picking winners is easy. Beating the odds is not. There are thousands of 'tipsters' out there that strike at 50% but still make a loss.

In order to make money betting on sports, you must either have information that is not being used by the betting public, or you must have a superior ability to process the information that is public.

2% of punters make regular annual profits.....60% say they do....most punters are liars

Almost all punters using commercially paid for systems still lose money....be warned! Even with great tipping results and staking methods recommended, human nature takes over and "off goes the punters head"