WOW! What a week it has been – betting wise I mean! It’s a funny old game sometimes, isn’t it? Yes, It’s been a tough time for me in recent weeks if it comes to betting – I’ve been previewing races, shared my thoughts on tactics, analysed and assessed the chances of oh so many horses and was even bullish enough to published my selections here on a regular basis. But it just didn’t seem to happen for my selections. They either ran no race whatsoever, or – albeit only occasionally – hit the crossbar. Though getting the head in front when it really mattered? Nope, no way!
But that must surly be the beauty of horse racing and particularly betting on this sport: Things can change so quickly! One or two winners and suddenly your back in the profit – even after suffering a long losing run!
I encountered certainly a pretty gruelling losing run, indeed. 20! Yes, twenty losing selections on the bounce! That’s allot. However, I didn’t really think about too much and simply did my job. For me it is all about the value in the price and the profit in the long term. A losing run doesn’t mean that the bets haven’t been good. In fact 95% of all my bets placed this year are ones I would actually do again f I ‘d be in the same situation. I simply have to believe in my value. Sooner or later the winners would eventually fly in again. Otherwise it would be pointless, wouldn’t it?
It’s about confidence in the own abilities and having the right mindset. I’m certainly not the best punter in the world. Nor would I claim to be a particularly great form analyst. But there are things I’m good in and I’ve got skills that enable me to turn my betting into profit – in the long term.
That hasn’t been always the case in the past, but one has to learn from mistakes – or not?! In betting terms there can be quite costly mistakes. Though I believe I’m at a point where I learned from the past, and where know what I can do and also what doesn’t work for me. The believe in my skills ensured that I ‘knew’ the big winner is just around the corner. And so It happened – Finally, this week. Things kicked off with The Hangman in South Africa. A juicy 10/1 winner. It got even better with Flying The Flag at Meydan today, who landed a competitive Handicap at 7/1. The cherry on the cake was gutsy Chookie Royale who ran his rivals into the ground at Chelmsford and was a 13/2 selection this morning. Suddenly it’s all back in profit for the month!
I usually don’t fancy “shorties” (which doesn’t mean I’d exclude them completely – far from it – you can find value in hot favourites as well) and most of my bets are in the price range of at least 5/1 and upwards. It’s absolutely normal to encounter losing streaks if you’re betting on these kind of prices. However if I have value – theoretically a bet with a better chance of winning than the odds suggest – then I’ll turn things into profit in the long term. It simply will happen. I say that without any arrogance, knowing how much I “invested into learning the game” over the years. But saying that with confidence, while knowing I do make this game pay. However, one thing is most important than anything else. First of all I’ll always be a fan of the sport!