A quick reminder, we place back the bookmaker’s favourite and not the Betfair favourite. This is an important distinction as quite often these are 2 different horses.
Background
2013 saw this place only betting idea of mine profit by about 45 points. That’s a decent return given the short odds which prevail in place only betting markets.
Follow these steps below
1) the races listed here are chosen from www.racingpost.com because they feature ” apparent ” 2 horse races. This is in inverted commas because we are using the betting forecast which is simply just a journalist’s idea of how the race will fare.
2) we back in the to place only market at www.betfair.com , to Betfair SP, the bookmaker’s favourite in these races. I tried a number of different strategies such as following the betting forecast favourite, or 2nd favourite, and found over time that the bookmaker favourite placed 80+% of the time.
3) we back in the to place only market at odds of between 1.1 and 1.5 only. Anything under 1.1 is simply not worth it. A cut off point of 1.5 ensures the strike rate does not diminish as we move to higher place only odds.
Yesterday
5 435 newmarket Betting forecast: 6/4 Antiquarium, 2/1 Process, 5/1 Munstead Pride, 1st 1.33
8 630 uttoxeter Betting forecast: 6/4 Berea Venture, 6/4 Set List, 9/2 Dire Straits, 1st 1.42
Today
11 220 stratford Betting forecast: 11/10 San Benedeto, 5/4 Set The Trend, 8/1 Guard Of Honour,