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BACKING FAVORITES ???
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colenigel
2yo


Joined: 30 Apr 2007
Posts: 8
Location: Wolverhampton

Post Posted: Tue Jun 30, 2009 4:37 pm     Post subject: BACKING FAVORITES ???

Very Happy
Hi Guys, been away for a while "so to speak!"
Has anyone ever trialled backing the fav's in the first 3, 4 ,5 races of the day and then bailing out?
I have been dipping in and out over the last couple of months and to be honest - it looks like maybe a winner to me?
Any ideas?
Cheers
Nige - Wolves Win [/b]
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Dammo Qwirky
Stallion


Joined: 28 Oct 2004
Posts: 7470


Post Posted: Tue Jun 30, 2009 4:41 pm     Post subject:

if it was a winner do u not think it might have caught on?
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colenigel
2yo


Joined: 30 Apr 2007
Posts: 8
Location: Wolverhampton

Post Posted: Tue Jun 30, 2009 4:53 pm     Post subject:

Know what your saying but just asking the question my friend, just asking the question Smile
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Systemsman
Classic Winner


Joined: 07 Apr 2008
Posts: 517


Post Posted: Tue Jun 30, 2009 7:48 pm     Post subject: Forget it

This is a losing system - I know I tried it a long time ago and at some point it will go bust if you stake up after each loss. It can work well for short periods but give it a miss and find something better or you will lose plenty!
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curwinkle
Stallion


Joined: 13 Mar 2009
Posts: 7345


Post Posted: Tue Jun 30, 2009 11:41 pm     Post subject:

It is interesting as most of the time, on the flat, the first race of a meet is a maiden where the betting more often than not reveals the clues. But there is no fast way of beating the bookie without hard graft and research.
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betking
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Joined: 26 Feb 2007
Posts: 9611
Location: I'm not quite sure!

Post Posted: Wed Jul 01, 2009 12:01 am     Post subject:

Ever increasing stakes to chase losses is always a bad idea, whatever way it get packaged up. Been there, tried it, quickly gave it up.
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machine
Stallion


Joined: 30 Apr 2009
Posts: 7660
Location: hartlepool

Post Posted: Wed Jul 01, 2009 1:11 am     Post subject:

nigel favourites are for bookies 95%of the time,you said you been away?probably because you backed favourites.look for value!it works
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jamiess09
At Stud


Joined: 14 Aug 2007
Posts: 3243
Location: IRELAND

Post Posted: Wed Jul 01, 2009 8:51 am     Post subject:

You should read the article on Sundays News Of the World about the guy from the UK making 23 million in a year by laying favorites that should answer your question!
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Systemsman
Classic Winner


Joined: 07 Apr 2008
Posts: 517


Post Posted: Wed Jul 01, 2009 7:58 pm     Post subject: Favs do win!

machine
Quote:
nigel favourites are for bookies 95%of the time,you said you been away?probably because you backed favourites.look for value!it works


Nothing wrong with backing Favs so long as they are the right ones!! Value can be found with Favs as well but I have never bought into this "value" thing - to me all that matters is finding a winnner and making a profit over time. Ofcourse there are investers who swear by "value" and it appears to work for them so look into this more on this site and others and make up your on mind.

A good winning system can be based on Favs or non Favs but if it works over time and makes a good return who cares?
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