Finding Your Racing Niche
For the past 30 years, I have been following horse racing and over the years it has become a passion. I have looked into various ways of trying to predict the winner of races with the aim of making my race betting profitable. For those of you that have tried to make a profit from gambling on horse racing, you will know all too well that it isn't easy and you will have period of success and failure. The key thing is to try and learn from both so as to win more than you lose.
About 7 years ago, I decided that in order to make a good profit I needed to focus and specialise in an area of racing. I simply had to find my niche. I therefore looked back over my betting records and it soon became apparent to me that I was having my best success and actually making a fair profit on the UK All Weather races. I have consistent made a profit by simply focusing on the UK All Weather racing. There are currently only 6 UK All Weather tracks in the UK which immediately narrows down the amount of races that you need to study and the information that you need to know about each of those course, the trainers, the jockeys and most importantly the horses.
I do spend quite a lot of time studying the form, speed figures, draw advantages, running styles and most importantly I watch a lot of racing. I always study past races in order to try and understand how I believe the race will be run and to see which horses in my opinion are capable of winning the race. Last year, I decided that I would write a blog post with the aim of giving others an insight into my race analysis and to hopefully give some guidance in identifying winners and making racing profitable. I tried too cover racing on the flat (turf) and (All Weather), National Hunt mainly in the UK but sometimes covering some Irish racing. The main focus was on the All Weather for the reasons mentioned above.
One of the aims when I started the blog was to detail all of my selections so that there was a record of each of the recommended selections and how they faired. The goal was to achieve a profit at the end of a year, if I didn't make a profit then I would see this as a massive failure and the blog would be put to rest for good. By detailing all of the selections and the bets it gives me a historical trail and I often go back over the races to try and understand where my strengthens and weakness are. This is very important as you always have to play to your strengths.
It is important to note that for every selection that I post I also have my money riding on the result. It's easy to write about a race and provide a selection especially when you have no money riding on it. However, as soon as you start to put your money where your mouth is then you all of a sudden this focuses the mind. I hate losing as much as the next person especially to the bookies and I take great pleasure in winning money from the bookies.
I'm very pleased to say that over the year up until the point that racing was suspended the blog selections managed to make a profit of 204.87 points to a level £1 stake. I appreciate that this isn't a vast amount of profit but it is a healthy profit when you consider how many punters actually lose money over a year. There were nine profitable months with June proving to be the best with a profit of 66.03 points and two losing months, which were November and December where the blog selections unfortunately made a small loss for both months. The following is a summary of the monthly results.
The P/L is based on a level 1pt stake
Running P/L : 204.87 till end of March 2020.
March 2020: +11.40
February 2020: + 1.65
January 2020: + 16.27
December 2019: - 4.55
November 2019: - 7.05
October 2019 : + 20.56
September 2019 : + 28.62
August 2019 : + 23.30
July 2019 : + 35.14
June 2019: + 66.03
May 2019: +17.5
My old blog site detailed a full history of every selection and the result. Unfortunately, that site is no longer available since I stopped paying the fees. Although I can't provide the history there are enough people who follow me on Twitter that can vouch for that what I'm stating is true.
Once racing gets back to normal whatever that might be in the future, I intend to on posting my selections on this blog and hopefully we can build on the profit made in the 2019-2020 season.
Take some time to explore the blog posts.