Most of us know where this famous phrase comes from, and I’m sure that I used to give this impression to my family when I started betting nearly 30 years ago.
Guess what.. they’re still waiting!
I think they gave up a long time ago on having a lifestyle of fast cars and long haul holidays. I don’t mention it to them now because they don’t really want to know, but I’m still searching for that pot of gold. My first flush of over confidence has long gone, and after 30 years of failure I’ve found that it’s not easy to make a profit at this game.
The trouble of course, is me.
A complete lack of discipline and patience.
Always looking for something more profitable.
Betting on a whim, which is even more convenient and easier now than when I first started, standing in a smoke filled bookies looking at a Sporting Life pinned to a wall.
Now with the internet age I don’t have to get out of my chair!
I digress, but I can’t help thinking about a character who came in our local bookies. He used to help me out on my milk round (sadly he passed away at quite a young age) and would take a pile of betting slips home, write out every horse in every race for the day on a separate slip, tear off the front and keep the yellow back sheet. After every race he’d then parade around with a ‘winning’ slip in his hand to show everyone what a great tipster he was. Suffice it to say we never saw him picking up his winnings.
Anyway, back to the here and now…
Something has changed in the last year, and I’ve actually gone a whole year recording my bets. In the last 4 months, placing bets on our friend Michael’s Race Ratings Pro Method, it’s gone reasonably well too!
Although compared to some returns I’ve seen mentioned on Michaels site it’s quite small, I’ve made nearly 200 points in 11 months betting the Top Rated horse.
No, I’m not a millionaire yet, far from it. With £5 bets it’s going to be some time! But, I may have finally turned a corner.
I now use a ‘bot’ to place my bets, and it means I’m not emotionally involved with whether my horses are winning or losing and I’m able to do other things.
I’m still tempted though, and have to be careful that I’m not tempted into other races when I have an hour spare.
These ‘bots’ are excellent, and some are quite cheap. The one I use is free and, if you’re like me and easily dragged in by ‘wicked temptation’, a good idea.
Another thing I’ve learned regarding my bets is that the profits can be for just 2 or 3 months of the year and the rest of the time I’m ‘treading water’.
It can be quite frustrating, but is another aspect of being patient.
It’s not easy, I know!
Thankfully, with the ‘bot’ running, I can more or less leave it alone and start focusing on looking for another, hopefully profitable, angle.
There are plenty of different approaches out there, especially on the Race Advisor site.
For anyone who’s interested in my approach for Race Ratings Pro, here it is…
I use races of 12 runners or less, and all runners have to have at least 3 runs. I focus on races of 1 mile to 3 miles and use the same concept as Michael in his videos, but with one more column for Racing Post Ratings.
It’s up to you then how to bet. Top Rated, Top 3 or other combinations.
I hope you have found this brief passage of some interest. I have flirted with all manner of different approaches and spent a fortune doing so. If you took one tip from me, it would be to try to stick to one approach to start with and give it time. Being a simple soul, I like the simple strategies best.
If you can control your own emotions then you will have overcome the biggest hurdle I’ve found in making profits.
Lets hope I stick to my own rules!