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

20 Words of Wisdom come from making mistakes and having success and watching and knowing some of the best punters in the land, and some who thought they were and are now broke.

 

1.    DON"T be like a sheep and follow the money. IGNORE the market movers and stick to your decision and facts. 90% of horses that win races drift in the market and you end up with better value.

2.   NEVER bet on heavy tracks, but more importantly NEVER bet when tracks are deteriorating or slippery. Horses hate it and form goes out the window.

3.  Leave maiden horses alone. Horses are herd animals and some just nver want to win despite their ability.

4.  Don't bet on horses first up. Even the trainers don't really know how they will go fresh against fitter opposition.

5.  Beware of 'systems' that just list rules to follow. These have usually been put together based on history that doesn't repeat (at least whilst you use it!)

6. If you bet for fun only, be prepared to lose your investment and consider it entertainment

7.  If you bet for profit you need a business plan, high discipline and sound tools (selection and staking methods)

8.  Nearly all punters lose because of poor staking consistency, lack of a bank, and faith in their method during runs of outs. The Ace Tip is the best selection tip in Australia, but it can have a run of outs like any other (e.g.16 recently) but still averages >30% winners at $6.

9.  Use speed maps to find which horses can lead off a moderate pace and give these horses a big bonus when doing your form.

10. Some jockeys actually ride better from a wide draw (e.g. B Rawiller). Give these horses a bonus if drawn wide.

11. Some jockeys love to lead and rate their horses (e.g. Gauci). Use the speed maps to find if their horses can lead off a moderate pace and allocate a big bonus if so.

12.  Don't back favourites in Class 1 races if they have just come off a good maiden win. The nearly always represent poor value.

13.  Don't bet on horses under $2.00 even if you or Tajodds has rated them shorter. Over many years of Australian racing these horses represent poor betting value.

14.  Zabeel 3yo fillies over 1400 are well worth a look

15.  Zabeel horses jumping from 1400 to 2000 or further can improve much more than other breeds in general. We often allocate 6kg improvement with success.

16.  Weight can stop a train, but it stops classy horses less than average horses. The high class horse has the ability to carry weights more efficiently, so don't get stuck in pure handicapping mode and miss the best horse in the race.

17.  Barriers are not as important as trainers and punters think they are. After many years of asessing and checking results, it is the position in running that is important and barrier advantage/disadvantage is related to that position.

18.  Never chase your losses, or use suicidal plans where you increase bets until you win. That is the worst staking method of all and causes suicide! NEVER increase bets just because you had a win, unless it is part of your long term plan and based on a % of your bank

19.  Don't listen to jockeys or owners as they are the worst judges

20.  Don't risk heavy investment on a horse unless the jockey is very competent