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

6 205 sthl Betting forecast: 1/2 La Dorotea, 5/2 Nomenklatura, 8/1 Forbidden Love, 1st 1.1
14 600 windsor Betting forecast: 2/1 Gossiping, 5/2 Mister Brightside, 8/1 Occult, 1st 1.33

 Today

4 510 newcastle Betting forecast: 5/4 Gin In The Inn, 6/4 Ravenhoe, 11/2 Krystallite
4 315 nott Betting forecast: 5/4 Isabella Bird, 2/1 Azagal, 5/1 Maiden Approach
8 415 nott Betting forecast: 2/1 Steve Rogers, 3/1 Diaktoros, 6/1 Planetoid,
6 420 punch Betting forecast: 2/7 Douvan, 4/1 Sizing John, 25/1 Rich Coast,
6 235 wolves Betting forecast: 4/5 Fast Dancer, 6/4 Rahmah, 12/1 Torridonian,