While it is assessed as having the best chance of winning the race, it is not a value bet at the available odds. This is the principle behind obtaining value.

Securing overs does not mean the horse will win. Nor does it mean the horse has a better chance of winning. More importantly though, it means that in the long run YOU will win. Betting mentality: Be aware of these cognitive biases if you want to make money.

Rod Dec 9, Good punting calls for clinical, objective decision-making. But the fact is Read more. Betting Psychology: Mastering The Punting Mentality. Rod Dec 16, Psychology is an underrated aspect of successful punting.

How you deal with losing streaks plays an important role in your success. Everyone finds it difficult to lose. With that in mind, in this article, I discuss the topic none of us like talking about: losing!

We may be special and unique as individuals, but no one is special when it comes to chance and, as punters, we struggle to make that distinction. When we win or get lucky, we experience a mild thrill because we expected to win.

When we lose, or luck goes against us, we feel that pain a lot more because that loss or bad luck is a lot different to what we expected. Bad luck can lead to poor decision-making designed in our minds to catch up the losses quickly.

However, those decisions are based on emotion rather than profitable plays, and ultimately result in losing more money and making the situation worse.

Betting Psychology: Recalibrating The Balance So how do you deal with over-expectation? There are several things you can do: Learn about your psychology. When we understand our psychology, we can recognise negative reactions, re-focus on what we should be focusing on, and not lose more than we should.

Results matter over the long term, but the result of an individual race or match is meaningless. Therefore, we should not attach such strong emotions to it, and simply move on to the next bet or take a break and do something else for a while. Understanding that we cannot control results is important.

We have no influence on how well a horse runs or a team plays. Therefore, we should focus on the things we can control: our selection process and our betting. Even expect to lose. You should also avoid outcome bias and hindsight bias.

Another thing you can do is not even watch the event! That defeats the purpose of a bet for many punters, but there are several advantages: Firstly, watching the match or race has no influence on the result.

Lastly, it can affect your psychology. Losers are a lot easier to deal with when you quickly check the score after the match, rather than yelling at the TV for two hours and copping a last-minute bad beat! Next time you have a bet though, try to expect less from it.

Focusing more on the long term and the things you can control will improve your psychology and make you a better punter Confirmation bias: don't con yourself. Champion Bets Dec 16, Confirmation bias is very real, and basically a very simple concept: as humans, we prefer to stick with our current views rather than changing them.

This can lead us to look at new pieces of evidence or information in a less than objective manner: we often subconsciously place more stock in information that confirms our current thinking, as opposed to that which challenges it. During the game, the player will make a mistake, as all players sometimes will.

The coaches continue to select this maligned player, as they hopefully! takes a more objective view on the topic and thus sees his true worth to the team. When you consider that the vast majority of our punting is done based on our opinion or that of others , the dangers of confirmation bias to the hip-pocket become very obvious.

Horse X is running today in the wet, and you remember backing it last campaign in a wet race and having a good win. We need more evidence than that.

Con you stop confirmation bias? Confirmation bias is extremely difficult, if not impossible, to eliminate completely. But there are a few methods you can employ when it comes to your own punting. Firstly, pay some attention to computer-calculated data.

So they can break down a larger amount of results into a simple number, rather than placing too much emphasis on any individual example. This is more likely to open your thinking to possibly conflicting points of view, particularly if you trust both sources.

Successful punters are a diverse lot, but almost all of them are very objective types. FREE E-BOOK. G'day guys, First off, thanks for a great read, I have been using different aspects I have gleaned from it in my punting strategies for a number of years with good success.

One excellent piece written a number of months ago was an article concerning maidens having good ratings without winning and going for a spell.

You recommended following them when they returned as the ratings suggested they would win sooner rather than later, if you check the results you will find that you were spot on.

Everything you need to know about horse racing. Horse racing tips from Professional Punters. SIGN UP - IT'S FREE Find Winners in Seconds BetFinder allows you to find a winners based on the form factors you think are important, in seconds.

BetFinder NEW! Discover why some punters have an Unfair Advantage Top punters from around the world have access to something you don't Punting Library Access over articles and start winning! Form Guide FREE Horse Racing Form Guide.

My Blackbook Never miss a winner! Create your own FREE alerts. Punting Library Become a Smarter Punter! Horse Racing Form Guide FREE access to the Latest Racing Info to keep you ahead of the game.

View Form. Create Blackbook - It's FREE! View the secrets. Practical Punting Membership Your Gateway to Becoming a Better Punter! Inspiration 's of Practical Punting articles and modules. Discover Handicapping secrets to increase your betting profits.

Winning Strategies Profitable betting angles and approaches. Best Punting Library Info you need to win - world's best punting resource. Brilliant PP!

Our fantastic tipsters provide valuable insights and expert picks to enhance your tennis betting experience. Whether you're looking for tennis betting tips #1 Don't Bet More Than You Can Afford To Lose. It's the simplest of advice and the most pertinent to any punter. Betting can be approached as 1. Get rid of unrealistic expectations · 2. Get used to losing runs · 3. Probability will affect your bank · 4. Understand market percentages · 5. Discipline

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Punters tips - Get free horse racing tips for today from proven winning tipsters. Our horse racing team provide daily racing tips across UK & Ireland racecourses Our fantastic tipsters provide valuable insights and expert picks to enhance your tennis betting experience. Whether you're looking for tennis betting tips #1 Don't Bet More Than You Can Afford To Lose. It's the simplest of advice and the most pertinent to any punter. Betting can be approached as 1. Get rid of unrealistic expectations · 2. Get used to losing runs · 3. Probability will affect your bank · 4. Understand market percentages · 5. Discipline

Esperance is where WA racing will be conducted on Sunday. The weather is fine, the track is good 4 and the rail is in the true position for the entire circuit except. Naracoorte is where SA racing heads to on Sunday. Race One: 3 Utilitarian Race Two: 7 Zufasta Race Three: 8 Gallium Race Four: 2 Knickpoint Race Five: 2 Hasta… Read More ».

NZ racing this Sunday heads to Tauherenikau. The weather is fine, the track is soft 6 and the rail is in the true position for the entire circuit. Race One: 2 Regal Reward Race Two: 5 So Solly Race Three: 1 Dealornodeal Race Four: 3 Energize Race Five: 7 Platinum… Read More ».

A bumper ten event program has been assembled for Flemington on Saturday for Australian Guineas Day. Weather is fine, track is good 4 and the rail is out two metres for the entire circuit. Best Bookies 💰 👉 View the Best Betting Sites and Bookie Apps Australian Guineas 🏆: View… Read More ».

Group l racing returns to Randwick on Saturday with the Verry Elleegant Stakes m and Surround Stakes m highlighting a fab ten event program. Weather is fine, track is soft 5 and the rail is in the true position for the entire circuit. Best Bookies 💰 👉 View the Best Betting… Read More ».

Eagle Farm will conduct a ten event program on Saturday. Weather is fine, track is good 4 and the rail is out seven metres for the entire circuit.

Best Bookies 💰 👉 View the Best Betting Sites and Bookie Apps. A strong nine race card has been set down for Ascot on Saturday. Weather is fine, track is good 4 and the rail is out eight metres for the entire circuit.

Best Bookies 💰 👉 View the Best Betting Sites and Bookie Apps Lex Piper Stakes 🏆: View the Field… Read More ». Nine races will be run and won at Morphettville Parks on Saturday. Weather is fine, track is good 4 and the rail is out six metres from the m-Winning Post; Out three metres for the remainder.

Nine races will be run and won at Wangaratta this Saturday. The weather is fine, the track is good 4 and the rail is out three metres for the entire circuit. Race One: 5 Defoe Race Two: 5 Dhanush Race Three: 3 Mutsuhito Race Four: 6 Bromeo Race Five: 3… Read More ». The second tier NSW race card this Saturday heads to Newcastle.

Race One: 3 Happy Cappy Race Two: 1 Dilution Race Three: 4 Omar Race Four: 5 Wymark Race… Read More ». Tuncurry will play host to a six event program on Saturday. The weather is fine, the track is soft 7 and the rail is out two metres from the mm; True for the remainder.

Race One: 3 Shamic Race Two: 3 Lovely Thoughts Race Three: 1 Snowdrop Race Four: 9… Read More ». The second tier Queensland card on Saturday will be at the Gold Coast Poly. The weather is fine and the rail is in the true position for the entire circuit.

Race One: 1 Pagato Race Two: 7 Freeland Race Three: 9 Denied Race Four: 1 Crusader Razor Race Five: 6… Read More ». Dalby will conduct a ten event meeting on Saturday.

The weather is fine, the track is good 4 and the rail is out 2. Race One: 10 Smokin De Quo Race Two: 6 Chief By Race Three: 5 Dragon Pins Race Four:… Read More ».

Seven races will be run and won at Alice Springs on Saturday. Ellerslie will play host to a ten race program on Saturday for NZ Derby Day. The weather is fine, the track is good 4 and the rail is out two metres from the mm; True for the remainder.

Log In. SIGN UP. Betting Academy. Six of the most valuable punting tips you will ever receive. Champion Bets Jan 8, While they can be good for the odd winner, we like to take a more long-term approach. So why not some tips for how to improve your punting permanently?

Here are six punting tips from that go a long way toward showing you how winning punters make a profit… 1. Get rid of unrealistic expectations 2. Get used to losing runs 3.

Probability will affect your bank 4. Understand market percentages 5. Discipline, discipline, discipline 6. Bet to rated prices 1. Get rid of unrealistic expectations  This is one of the biggest punting tips we can give you.

Get used to losing runs Probability affects all things in daily life. Variance means that even the best judges should expect and will experience losing runs over any reasonable length of time. A simple but pertinent example is a coin toss. This is due to variance and probability. However, over time, if you consistently repeat the bet you will become a long-term winner.

Short-term, some will experience the occasional big win and many will experience big losses. But an undeniable fact is that long-term, every single one of these punters will lose. The laws of probability will affect you. Successful betting is about maximising your profits while protecting your betting capital , so that you can continue when faced with a significant losing period.

The only way you can do this is by getting your bet size right. If you bet too much on each selection, then a normally expected losing run could send you broke.

Gain an understanding of how variance occurs and the effect it can have on your bank. Understand market percentages  Punters today have a wide variety of opportunities to gain the best prices by having access to Betfair , best tote products and bookmakers.

But what do all these market percentages mean? These types generally expect to lose. Once you have an idea of the relative chance each runner has and this is essential all you need to do then is shop well in the marketplace.

Only back those horses which are value. Bet to rated prices  There are many ways to implement ratings and the approach you take really depends on the individual. If you secured overlays the profit margin will be even greater. That plan will differ from race to race.

The area that many punters have difficulty understanding is that in a situation like this, you should not be backing the top-rated horse.

While it is assessed as having the best chance of winning the race, it is not a value bet at the available odds. This is the principle behind obtaining value. Securing overs does not mean the horse will win.

Nor does it mean the horse has a better chance of winning. More importantly though, it means that in the long run YOU will win. Betting mentality: Be aware of these cognitive biases if you want to make money.

Rod Dec 9, Good punting calls for clinical, objective decision-making. But the fact is Read more. Betting Psychology: Mastering The Punting Mentality. Rod Dec 16, Psychology is an underrated aspect of successful punting.

How you deal with losing streaks plays an important role in your success. Everyone finds it difficult to lose. With that in mind, in this article, I discuss the topic none of us like talking about: losing! We may be special and unique as individuals, but no one is special when it comes to chance and, as punters, we struggle to make that distinction.

When we win or get lucky, we experience a mild thrill because we expected to win. When we lose, or luck goes against us, we feel that pain a lot more because that loss or bad luck is a lot different to what we expected.