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

5 305 chepstow Betting forecast: 15/8 Picks Pinta, 2/1 General Potempkin, 11/2 Edge 3rd 1.36
8 600 galway Betting forecast: 7/4 Fugi Mountain, 9/4 Captain Barbossa, 7/1 Fu´s Island, 1st 1.33
9 220 mr Betting forecast: 6/4 Arabian Oasis, 6/4 Retro Valley, 7/1 Robben, 1st 1.16
7 330 mr Betting forecast: 8/11 Father Edward, 2/1 Tangolan, 8/1 Morning Symphony 3rd 1.25

Today

6 305 cork Betting forecast: 15/8 Ballychorus, 2/1 Gold Bullet, 9/2 Ongenstown Lad,