Racing Testing LabA 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
11 335 exeter Betting forecast: Evs Pull The Chord, 6/4 Dandy, 14/1 An Tarbh Og, 1st 1.16
5 145 towcester Betting forecast: 5/4 Formal Bid, 7/4 Vinnie My Boy, 11/2 Gud Day, 3rd 1.55
Today
6 210 kempton Betting forecast: 11/10 Polly Peachum, 3/1 L´unique, 11/2 Clara Mc Cloud,
8 255 ludlow Betting forecast: 6/4 Buddy Love, 3/1 Royal Palladium, 6/1 Shinooki,
7 355 ludlow Betting forecast: 10/11 Bengali, 7/2 Belle De Londres, 8/1 Coco Des Champs,
8 335 wolves Betting forecast: 13/8 Alba Verde, 11/4 Rutherglen, 7/1 Underwritten,
12 405 wolves Betting forecast: 9/4 Laura B, 5/2 Sky Steps, 5/1 Excelling Oscar