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Max Redd's articles
Bookmakers have been laying bets on horses to lose ever since horse racing began. As punters having a bet on a horse, we are actually involved with laying horses every time we have a bet. We are simply on the other end of the transaction. To back a horse, there will always be somebody who must to lay the bet. Yet so many people think they are unfamiliar with laying horses, so they shy away from it entirely. This article will not show you how to make a profit by laying hors...
Posted: 2007-05-30
Category: Recreation & Sports
Perhaps like me you shared in the jubilation of Agnes Haddock as Taranis came to win the totescoop6 handicap hurdle at Sandown last Saturday. By selecting the winner, Agnes secured herself a £248,288 bonus to add to the £410,332 she won by completing the totescoop6 the previous week. This king’s ransom came out of a workmanlike £2 bet. To win the totescoop6 prize fund a punter must pick the winners of six selected races on a Saturday. Channel 4 had a camera fixed on Agn...
Posted: 2007-05-14
Category: Horses
In a previous article I jokingly suggested I had put all my assets – my savings, the deeds to the farm, my kids’ Trust fund, and the proceeds from selling one of my kidneys – on a horse at Newbury. I showed this was potentially financial suicide, and an extreme example of bad money management. I wrote that more often than not a losing punter will find himself saddled with a bunch of bad betting habits. It is these bad habits that have gotten him, and his betting bank, to w...
Posted: 2007-05-14
Category: Recreation & Sports
As the popularity of the betting exchanges grows, so more and more people are looking to profit from horse racing by laying horses to lose. But what is the best strategy? On the face of it, one might think that simply betting that the outsider will lose is a quick way to make easy money. In reality, the best horse to bet against is the race favourite. Betting that the outsider at 20/1 will lose will be fine to start with, and doubtless you will soon develop a winning run o...
Posted: 2007-05-14
Category: Recreation & Sports
This is the third instalment in a series of articles on profitable betting through sensible money management. So far, I have discussed the importance of getting value when you bet, to maximise the returns you achieve when your selections win. In the most recent article you should have learned to keep your stakes in proportion to the size of your betting bank. Today I want to examine a common mistake that often gets punters into serious trouble – chasing your losses. I d...
Posted: 2007-05-14
Category: Recreation & Sports
Everyone knows that gambling is a business of risk. Professional gamblers will successfully manage their risks and make a profit, whilst 98% of punters who consistently lose money, also consistently fail to manage risk effectively. This is the concluding part to this series of articles, where I have explored the key reasons most punters lose money, in a vain attempt to make money through betting. We have seen the importance of always getting a value price when you bet. ...
Posted: 2007-05-14
Category: Recreation & Sports
