Profit is the aim and the first principles applied to all my selections are time, class, weight, trainer and jockey ratings. Everyone has their own systems and methods regarding betting. My own approach, which has evolved over many years, means I won't take a price below 2/1 under any circumstances. The reason is simple. Most of my methods involve a minimum strike rate of 30% overall. Horses below 2/1, even the winners, will only erode the profit over time. Sometimes I will tip/back a favourite - if it is 3/1 or 7/2 say, but as time goes on it becomes clear: there are many, many more bad favourites than good ones. Those wily bookies will often make a horse favourite and create the illusion that it has been heavily backed. Have fun and take care.
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