Betting Advice (6 of 8) - Quick Form Tips

This article originally appeared in a series called "Punting Pointers" at this link. We want to share it with our customers as it is very important advice to help you bet better.

6 - Quick Form Tips.png

This is part six of an eight-part series aimed at educating punters to help take their wagering to the next level. Brad Gray sought the insights of five of the most respected industry figures when it comes to punting, form analysis and bookmaking.


Not all punters have the luxury of being able to commit hours and hours to doing the form every week.

Hypothetically you’ve got 10 minutes up your sleeve, so how best do our experts suggest you use that short period of time?

Do sectionals, speed maps, odds come into play? What elements of the form guide will be of the greatest use to find a few winners?

 

Dominic Beirne (@domran)

You won’t get anywhere with one 10 minute interval but if you only had 10 minutes to do it every week you’ve got to be learning something.

Your practice has to amount to something. It’s a circular process like teaching oneself to play golf.

Every now and then the ball flies off the club. It’s no use patting yourself on the back though, you’ve got to look back on what you did differently.

Did I have the grip a bit different? Did I take the club back further? Did I follow through properly? What was it about that swing that made the ball come off so well?

So if you are only going to spend 10 minutes doing the form and go to the races to bet those horses, it’s extremely important to know what you did in those 10 minutes to come up with the answers.

Take time to identify the factors that you gravitated to when you picked a winner or loser and take notes of these. After a few short weeks, you’ll have a satisfactory record.

In your 10 minutes of doing form you might focus only on jockey stats or distance stats, for example, you may have focused on these factors and three of the four horses you gravitated towards all shortened in the market which tells you that other people, the smarter public, generally speaking, liked those things.

So if you are spending 10 minutes before the races, you’ve got to spend 10 minutes after. That’s the only way to advance yourself. To know why occasionally the ball flies off the club perfectly.

 

Rob Waterhouse (@RobWaterhouse)

You’d buy a train ticket to the races!

There are a million strategies and ideas. One of them is finding someone who is smart and backing the same horse. That’s a winning strategy.

You can find all sorts of ideas. Backing at the jockeys nipping at the heels of the top jockeys isn’t a bad one. It’s not hard to win at the races…

The SP is very accurate but not perfect and I think it has always been accurate but not perfect.

Perhaps it’s become a little more accurate over the years because people do a better job doing the form.

 

Missinglettr

Nathan Snow (@snowbet)

One of the key things I look at are the maps and that was always the thing that took time and you had to know the horses.

Now Racing NSW are publishing speed maps, they are a great starting point if you’ve got limited time. I’d take a look at them and then assess from there which sort of horses will get the good runs and the bad runs.

There is a pace comment on there suggesting which ones will be suited. Then I’d look for a good jockey that’s on a runner that has form over the distance.

I think form over the distance is underrated. Different distance races are often run at different tempos and horses can be specific at the distance ranges they like.

You look for 1000m horses. 1100m and 1200m horses. 1300m and 1400m you can group. 1500m and 1600m you can group. There is another break to 1900m to 2100m and then another break to 2400m plus.

RNSW speed map for the Villiers Stakes

RNSW speed map for the Villiers Stakes

 

Daniel O’Sullivan (@TRBHorseRacing)

First thing I’d say is to start with the early markets. Look at the top two chances in each race and note those that will race up in the lead. Give an extra bonus to those that jump from middle to wide barriers.

I say to people if you are going to the races for a day, look for favourites that look like they’ll lead. Or second favourites that look like they’ll lead.

Wide drawn horses are profitable, leaders are profitable, horses in the market are more profitable than long shots and obviously, you’ve got a much better chance of collecting so there’s fewer horror losing runs.

We spend 60 hours a week doing the form but if you follow those principles, have got a really good market sense, and can get really good prices for your horses, you probably don’t need to do much more to squeeze out a reasonable profit.

If you backed every favourite at top fluctuation you’d make a small profit every year and I’ve said for years that the average hobby punter's best chance of profiting is backing metro favourites.

It’s by far and away the easiest path to making a profit. Sometimes we want to complicate it by being fancy but the principles of success don’t need to be.

 

Where you'll find the Racing NSW speed maps:

speedmap2.jpg

 

John Walter (@J_Walter23)

Doing cheat form is the answer to the question. What I’d do is focus on the shortest-priced favourites and have a look at those races, trying to pick holes in them.

If I can find a race where I don’t like the favourite I’d target it and the easiest way to do that would be by starting with a map. Work out where they’ll be and who is vulnerable.

It’s not easy but if you can pinch somebody else's good maps and then go through the prices and find vulnerable favourites there might be some value.

At least you know with the Racing NSW speed maps that they are not automated. Thought has gone into them and adjustments are being made whereas a lot of the other ones you’ll find out there are produced off sectionals.

You know that trainers and jockeys are looking at it and it is going to influence them, believe it or not, so there are few better out there.

Betting Advice (5 of 8) - Best Betting Races

This article originally appeared in a series called "Punting Pointers" at this link. We want to share it with our customers as it is very important advice to help you bet better.

5 - Best Betting Races.png

This is part five of an eight-part series aimed at educating punters to help take their wagering to the next level. Brad Gray sought the insights of five of the most respected industry figures when it comes to punting, form analysis and bookmaking.


We're half way through the series now and one of the most obvious takeouts is that if you want to become a consistent winning punter your best chance of doing so is to zone in on a specific region, type of horse or as the below explains further, a certain type of race.

Whether that be races over a specific distance range, grade of race or a general horse profile, there are plenty of ways to carve out your own profitable punting niche.

 

Dominic Beirne (@domran)

The higher the grade the better for me because there’s more form to analyse and handicaps are better for me because the horses have been graded to finish in a bunch. The most rewarding races are the biggest challenges, and they are high grade handicaps.

Much is known about the runners so finding points of difference takes some digging and the deeper you have to dig the harder it is for the average punter and the more rewarding it can be for the people who spend the time to dig or in my case, have got the algorithms to do it.

I’ve always found distances in the middle range to be more reliable for punting as opposed to sprints where one little error can bring a horse undone.

If I look back and think about where I’ve been most successful it’s probably between 1300m and 1700m. That would be me.

 

Rob Waterhouse (@RobWaterhouse)

I like races that you don’t often see now, where you have a variety of horses. Like three-year-olds beating older horses, interstate and country horses meeting Sydney horses – they are the races that are interesting.

I think 1000m and 1100m races are terrific. I really enjoy them. However, I also enjoy the mile and a half plus races. I like the extremes more than the others. It’s interesting trying to put it all together.

 

Nathan Snow (@snowbet)

I just like betting. I have told a few people that every professional punter I know is just a general punter that has found a way to win at it.

I made a decision when I was 14 or 15 in the TAB with my old man, who lost most of the time, that if I’m going to be a punter which it looks like I will be, I better find a way to win at it.

Lightly-raced horses are definitely my edge. Races with a number of first starters, resumers or lightly-raced horses I get a guide from the trials before the rest of the market can. The big computer programmers want exposed form.

The whole marketplace has changed enormously in how you need to gamble over my 15 years and that’s just part of it. The form itself has undergone a revolution.

The market itself has gotten smarter. You need to be smarter again and be able to adjust. Tweak what you do and always be listening. You never know what you’ll pick up.

 

Daniel O’Sullivan (@TRBHorseRacing)

Just by virtue of the way I measure performances, it is very heavily based on times and especially sectionals, so I tend to find a lot of up-and-coming talented horses a run before they are fully appreciated by the market.

It doesn’t necessarily mean finding horses at 20/1 but often horses that are perceived to be good horses but are not fully appreciated for their level of talent.

Take a horse like Assimilate that came off a Kembla maiden win that to me looked like a Group class three-year-old on how I assess things.

He came to a Saturday race and won then got beaten a lip by Bjorn Baker’s colt Addictive Nature.

I like betting in the top class WFA races too but if you’re looking at strengths and weaknesses I’d say that’s an area I focus on – identifying the up-and-comers especially coming from provincial races or midweek races.


Video: Assimilate winning at Kembla Grange.

 

Missinglettr

John Walter (@J_Walter23)

The least exposed races the better for me. Maidens, big fields, two year olds is where barrier trials and trusting your eye comes into it more than exposed form.

In a weight for age race everyone is going to get to a similar answer. Sprint racing is more my forte than staying races too.

There are a lot more variables that come in. The bigger the fields, the shorter the race and the less exposed form is where I would rather play.

The gap closes the more that information is out there for people to digest so where I fit in, the more art that is involved, it’s to my advantage and it has proved to be the case over the long run.

That’s where I make most of my profit. I still have a go at other areas but I’m doing a lot more work for a lot less advantage.

Betting Advice (4 of 8) - Jockeys and Trainers

This article originally appeared in a series called "Punting Pointers" at this link. We want to share it with our customers as it is very important advice to help you bet better.

4 - Jockeys and Trainers.png

This is part four of an eight-part series aimed at educating punters to help take their wagering to the next level. Brad Gray sought the insights of five of the most respected industry figures when it comes to punting, form analysis and bookmaking.


The jockey engaged for the horse and trainer making the decisions behind the scenes no doubt have a part to play in the larger form puzzle, but how much should you factor this in?

Are the big stables and premiership-winning jockeys often priced too aggressively? Or, as it can be so easy to do at times, are punters overlooking the obvious?

 

Missinglettr

Dominic Beirne (@domran)

There are dozens of ways to investigate trainers and jockeys in very granular ways but generally speaking, by looking at premiership tables a punter can get a pretty good sense of the worth of trainers and jockeys.

In my opinion, a very good jockey against an average jockey doubles the chances of it winning. It’s the difference of $5 and $10 or $10 and $20. It is a very important factor.

Horses usually experience a variety of jockeys. They don’t usually experience, from one run to another, a different trainer so whilst it is valuable to be aware that Gai Waterhouse has got a great strike rate, for example, when the horse runs again it’s still trained by Gai so that’s one of the reasons why some people don’t pay a lot of credence to the trainer because this trainer has had this horse all the time.

Whereas a jockey and particular jockey switches can be more measurable as a factor.

 

Rob Waterhouse (@RobWaterhouse)

It’s very important when doing markets. I’m not sure that it should move you to have a bet though, if that makes sense. The market is aware who the trainer is and who the jockey is and the market makes allowances for it.

It’s important to make analysis of your own market to reflect what the public will do. I’m not sure there is much use in backing a particular trainer or jockey, but having said that, there are some trainers that you would habitual lose backing and those you’d habitual win.

If you look at the premiership, the top trainers are a little bit over bet and the top jockeys are a little over bet.

It surprised me that over 20 years if you backed all of Gai’s horses at SP you’d finish in front.

It must be the best secret known. There are other trainers, and quite prominent ones, that you’d do quite poorly off.

 

Nathan Snow (@snowbet)

It’s more of a secondary layer for me. It used to be something I didn’t factor in at all and it’s something I am learning to appreciate, jockeys especially.

The top jockeys get it done under all scenarios whereas the lesser jockeys - you don’t pen them and not back them – need the right scenario.

You need them to be getting the suck run, soft draw, easy lead, pace on, whatever it is that will suit an average jockey. You need that scenario before you can back them confidently whereas a good jockey you can back them in most situations.

Trainers I take less note of. I don’t think there is as much ability-wise between the top trainers and say the number 30 trainer as there is between the top jockey and the number 30 jockey.

I think it’s as much a marketing business these days. You often see average trainers that get good horses, race them well.

Where trainers are important is in terms of their patterns. How they like their horses progressing through a preparation.

Chris Waller and the Hawkes stable build through a preparation, for example, while Gerald Ryan’s are generally ready to rip first up and second up.

That sort of thing is very important. Their attitude to barrier draws is important in terms of how you draw up your map. Then there are certain trainers with gear changes. Breaks in preparations – some of them do it well, others not so well.

Some trial horses mid-preparation, so what does that mean? Are they good up or back in distance? That sort of thing is more important about trainers than their so-called ability.

 

Daniel O’Sullivan (@TRBHorseRacing)

Beyond the fundamentals of form and ratings, they’d be the most important secondary factors. It’s not a primary driver of my assessment but it’s certainly relevant.

Jockey bookings are a sign of intent from the trainer so there is a different way you would view a Chris Waller runner if it’s got an apprentice riding it instead of Hugh Bowman and there are lots of other instances across the industry like that.

I’m also big on trying to stay in tune with short-term cycles from stables.

I believe they go through performance cycles – and you could speculate for all kinds of different reasons – but I’m very conscious of looking out for stables that might suddenly have a few horses running well, even if they are not winning but running better than their price suggests, it can be a sign that everything is going well and the horses are coming to peak.

You can often use that as a bit of confidence if you like one to know that a stable has previously had a few runners that have run better than expected.

Jockey and trainers I use more of the art form component because there are periods of time where you might want to give a Joe Pride horse, for example, plus two and there might be periods where you want to give them minus two.

I tend to use jockey and trainers more as an overlay in my assessment in making betting decisions rather than a factor that will dictate whether I like a horse or not.

In Sydney, there are quite a lot of riders from a punting perspective that perform as well as the top names. Someone like Adam Hyeronimus, and I haven’t looked at his stats in the past few weeks, but as a general rule has an excellent percentage of winners relative to prices and there are others as well that don’t have the profile of Bowman or Blake Shinn.

 

John Walter (@J_Walter23)

It’s a secondary layer but it’s something you do notice when you first go through a race.

Trainers have certain jockeys they like to put on at certain times. Somebody like Waterhouse and Snowden, they obviously have preferences but the guys they chase are always hard to get.

Whereas the more boutique trainers make sure all the Is and Ts are crossed and dotted so when it is go-day they have got the rider they want.

The smaller stables are the ones I concentrate on rather than the bigger ones because you’ll drive yourself insane if you try to work out why Bowman is not on this or McEvoy not on that even though it looks a good thing.

They are just so in demand and it can be a trainer, owner or anything that can stop them from being on a certain horse and having to ride another horse in the race.

In opening markets, absolutely, (the jockey and trainer) are definitely overplayed because it’s a big factor they use to produce their markets.

By race time it has worked itself out but the early markets definitely overplay big stables and big stable jockey combinations.