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
10 715 kempton 15/8 Ya Hade Ye Delil, 3/1 Honourable Action, 5/1 Simple Verse, 4th 1.39
10 220 sthl Betting forecast: 1/2 Tijan, 7/2 Legal Art, 7/1 Qaffaal, 2nd 1.08
Today
3 330 cork Betting forecast: 8/13 Sadler´s Risk, 2/1 Aklan, 7/1 Thunder Zone.
7 715 chelmsford Betting forecast: 2/1 Harwoods Star, 9/4 Invigilator, 11/2 Gung Ho Jack,
4 210 ffos Betting forecast: Evs Thedrinkymeister, 6/4 Veripek, 6/1 Berea Venture,
9 340 newbury Betting forecast: 9/4 Morning Reggie, 11/4 Owen Na View, 13/2 Trickaway,