What's your strategy for beating the bookmakers and making money from betting on horse racing?
The cornerstone of my betting philosophy is the concept of seeking value, and I've just posted an article at SkyBlueKangaroo which examines the theory of value betting in detail.
There is a fool-proof way of making a profit from betting. No matter what anyone tells you, there is indeed a way to succeed... consistently back horses at prices too high compared to their actual chance of winning. Of course, implementing this strategy is far from easy, and don't let me give you the impression it is.
A good example, albeit in a different sport, was when William Hill offered an insane price of 200/1 about Primoz Peterka, a Slovenian ski jumper, to win the opening ski jumping World Cup competition of the 2002/03 season in Finland. This price was offered despite the fact that he’d won the qualifying competition the night before, and was clearly a jumper in form. Furthermore he’d been double world champion in previous seasons.
Read the article in full at SkyBlueKangaroo:
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