What are the 3 Simple Steps to Profitable Punting?
- CHOOSE A STRATEGY THAT WORKS FOR YOU.
- PRACTICE PATIENCE AND STICK TO YOUR STRATEGY.
- ALWAYS LOOK FOR VALUE EVERY TIME YOU PLACE A BET.
Making a profit should be every punter’s goal. And in recent times some punters have adopted the approach that betting on horse racing can provide a long term sustainable income. To fully replace your current employment income might not be achievable in the short term, but the team at RaceBiz are confident that a regular, additional return can be added to that pay packet. It will take a small time commitment and the ability to look at the big picture on your part.
How to use the RaceBiz Tipping Selections to build your bank.
(Note: This article focuses on Dutch Betting as one choice but there are many other options available that the RaceBiz team can help you explore including: flat staking, place betting, multis, trifectas, first fours etc.)
STEP 1 = STRATEGY: DUTCH BETTING:
Seen as a slower way to make money, it does pay dividends. One school of thought is that backing more than one horse in a race shows a lack of confidence in your selection. However, there are so many things that can go awry during the course of a race, it’s always good to have a back up plan. Obviously this increases the chances of picking the winner, but decreases the overall return for the race. RaceBiz selections provide our members with three to six horses per race with assessed odds and a calculated stake to outlay $25 per race. So, all the hard work is done! Here’s an example of a recent selection sheet:7th October Saturday Daily & Starter Membership ership Membership
STEP 2 = PATIENCE WHEN PUNTING
Results show returns, after deducting the cost of RaceBiz membership, of:
- November 2016 of $271.70
- December 2016 of $535.10
- January 2017 of $927.20
- February 2017 of $385.10
- March 2017 $382.00,
- April 2017 $722.20
- May 2017 $1028.60
- June 2017 NIL
- July 2017 -$208.60
- August 2017 $710.30
- September 2017 $667.20.
These outcomes are the returns from punting less the approximate cost of $46 per month membership fee for RaceBiz Starter Membership ($275 for six months) and come to an impressive $5300 in just eleven months. The RaceBiz team use Betfair and prices paid are based on best value achieved prior to the race. Daily returns are listed here:Dutch Betting Results Nov 16 to September 2017 and for full details of selections per race and returns, see the individual result sheets for each day.
STEP 3 = FINDING VALUE WITH TIPPING SELECTIONS
Value is the most important thing in betting. Punters cannot remind themselves of this simple maxim too often. Any horse may have compelling form that indicates a strong winning chance, however, whether or not it is a good bet is determined by one thing only – the odds being offered. This means finding horses where the assessed odds are under what is being offered in the market. The RaceBiz selections do some of this work for you – all selection are offered with assessed odds and the amount to outlay for each horse to achieve a $25 return per race. Use the calculation sheets on this website if a different return per race is required.
JOINING RACEBIZ
Some punters may think that they can’t afford the monthly outlay to become a member of a service like RaceBiz tipping selections. If you think this is the case then here’s an idea. For one week, record in a notebook EVERY single bet outlaid and what your returns are. You may be surprised at how much you are outlaying and what returns you are making. At the end of this, if you are interested in looking at our memberships, check out the information here: of contact us on 1300 RACEBIZ.