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BACKING FAVORITES ???
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colenigel
2yo


Joined: 01 May 2007
Posts: 8
Location: Wolverhampton

PostPosted: Tue Jun 30, 2009 5:37 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: 29 Oct 2004
Posts: 6691

PostPosted: Tue Jun 30, 2009 5:41 pm    Post subject:

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


Joined: 01 May 2007
Posts: 8
Location: Wolverhampton

PostPosted: Tue Jun 30, 2009 5:53 pm    Post subject:

Know what your saying but just asking the question my friend, just asking the question Smile
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Systemsman
Group 2 Class


Joined: 08 Apr 2008
Posts: 169

PostPosted: Tue Jun 30, 2009 8:48 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
At Stud


Joined: 13 Mar 2009
Posts: 3850

PostPosted: Wed Jul 01, 2009 12:41 am    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
Stallion

Read My Blog!

Joined: 26 Feb 2007
Posts: 6894
Location: I'm not quite sure!

PostPosted: Wed Jul 01, 2009 1:01 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
Triple Crown Winner


Joined: 01 May 2009
Posts: 1280
Location: hartlepool

PostPosted: Wed Jul 01, 2009 2:11 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
Triple Crown Winner

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Joined: 15 Aug 2007
Posts: 1392
Location: IRELAND

PostPosted: Wed Jul 01, 2009 9:51 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
Group 2 Class


Joined: 08 Apr 2008
Posts: 169

PostPosted: Wed Jul 01, 2009 8:58 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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