I'm About To Give Up Punting, Help Needed

My fellow punters, i'm kind of new to this Forum and it's been a pleasure being involved but I need to ask (just to set my soul free):
There is no possible way for one to make a solid income from betting on horses? There is no solid system that can make you enough profit to build a living from? I have tried probably over 100 different ways.

Favourites
EW Value
Form Reading
In Depth form reading
Backing number 1 horses
Backing horses that comes down in ratings
Playing exotics
Value places
Martingale System
ETC.

One of those that best worked for me was I would check pick 6 tickets and see if there is a horse with a lot of tickets in the bottom of the field(ODDS). If the horse is 35/1 on Fixed and has let's say 500 tickets and the rest of the 35/1 horses has 150 or 200 etc, i would then place or EW that horse and I must say I grabbed HUGE horses with the biggest one 80/1 win. But at the end of the day I still made a loss or a small profit not worth all the time.
Don't get me wrong I love my horse racing but I joined this game to make money. I was obsessed because I knew if I could find a way to beat 1/1 ODDS every day I can make a fortune, but then again much much easier said than done. I tried playing every race to one race per day etc.

So what I wanna know is, if someone out there has something for me to try like a system or a betting strategy and you re kind enough to share (the real successful once won't say a word and I get that) but I need something to try and I need people who know the industry and that has tried everything like me? Otherwise it's time for me to stop punting all together as like I said I am in this for the money.

I appreciate all the time and hope you have a great day punting.

If you phone 0800006008 they will tell you total abstention is the only answer

Sadly none, If you enjoy the thrill of having a punt then by all means do it as a hobby, allocate a monthly figure (which you are prepared to lose) and enjoy your racing,but to endeavour to make a living out of punting is, unfortunately not an easy task.

Treat it as a hobby. Horse racing is the most expensive form of gambling. It's not just about the punt.

There are hardly any known full time punters around the world - if any. Even the best in the game have to earn a living by other means - even if it means selling their tips, writing books, etc.

I do not believe it feasible to consider horse race betting as a career, period.

You can only plough on like a tractor for the love of the game, the thrill of the stretch run, and the roaring crowds, anticipating the emergence of the next great seasonal champion - and the nice meal and bottle of champagne you can buy from the occasional successful wager

If you're in it for the money only, best advice is indeed give it up and save yourself the stress and frustration.

If you want to enjoy an amazing sport -- by all means carry on.

Sage advice by all ... :dry:

I can relate to this. I took a year off of playing the horses after being completely frustrated and exhausted trying to crack the code of making it profitable. And you know what, it did me a world of good. I had so much more spare time to spend with friends and family and my mood was not altered by whether my horse won or was beaten by a nostril yet again by a horse with horrible form. Nowadays I just look upon it as a fun mathematical experiment and bet very little. I have accepted I will never be a professional punter and I treat it as a hobby now, not a dream. I now put more time into my businesses and employees and it shows in the financials. My family life is also much happier now. Who knows, maybe next time I take a rest from the gg's it will be forever, but for now it's just a little side interest and I enjoy it.

Some truth but also plenty myths


There are many successful full time punters all over the world

Most of them though have never had a bet on a horse- Sport is the only way

The ones that do make a living from horse racing do it via- rebates on high turnover

Then there are the ones that really know- I've met only 1 he shares nothing and makes plenty

SA is tough anyway because of markets being so shrunk and prices being so restrictive so you are already a few % behind (some cases 10-15% ) when you strike your bet. That means MY cash flow management is far easier than yours.

The other KEY factor is to do it in a partnership. You are far likelier to fuck yourself than fuck a friend, so you will be far more risk averse in a partnership. Also celebrating is better

Finally having chosen this path YOU must tell your loved ones, no secrets. This allows you to be regular when returning home from "work"

easy wrote: Some truth but also plenty myths


There are many successful full time punters all over the world

Most of them though have never had a bet on a horse- Sport is the only way

The ones that do make a living from horse racing do it via- rebates on high turnover

Then there are the ones that really know- I've met only 1 he shares nothing and makes plenty

SA is tough anyway because of markets being so shrunk and prices being so restrictive so you are already a few % behind (some cases 10-15% ) when you strike your bet. That means MY cash flow management is far easier than yours.

The other KEY factor is to do it in a partnership. You are far likelier to fuck yourself than fuck a friend, so you will be far more risk averse in a partnership. Also celebrating is better

Finally having chosen this path YOU must tell your loved ones, no secrets. This allows you to be regular when returning home from "work"

funny how we race in partnerships but don't punt that way - I have had success punting with friends - They put in a horse you don't like and vice versa - but it seems we are all busy at different times so without a proper consult before raceday it always endsthrough circumstance.

Try forming a sort of Punters Podium but with a maximum of 4 people. Everyone puts the same amount of money (say) R 100.00/ R200.00, and so on. Each person has one bet on the card for the full agreed contribution/maximum, be it a PA, straight wins, double, etc. Each person discloses what bet they've taken for the group and hopefully someone clicks with a winning bet with odds greater than 4/1.

The beauty of this, when it's "group" money, one is less afraid of putting (say) R 200.00 on a big priced horse as oppose to your private kitty, where one is inclined to outlay smaller amounts on bigger priced horse.

The other thing, the players tend to "study" harder not to let the group down or be the odd one out.

Try it, it's good fun.

bayern wrote: Try forming a sort of Punters Podium but with a maximum of 4 people. Everyone puts the same amount of money (say) R 100.00/ R200.00, and so on. Each person has one bet on the card for the full agreed contribution/maximum, be it a PA, straight wins, double, etc. Each person discloses what bet they've taken for the group and hopefully someone clicks with a winning bet with odds greater than 4/1.

The beauty of this, when it's "group" money, one is less afraid of putting (say) R 200.00 on a big priced horse as oppose to your private kitty, where one is inclined to outlay smaller amounts on bigger priced horse.

The other thing, the players tend to "study" harder not to let the group down or be the odd one out.

Try it, it's good fun.

I used to try split a pa with another guy - One day he selects odd races the next evens - so every second day you have 4 races to study - you decide yourself how many horse you need per leg and then combine - or we woud each sellect 3 horses each leg and combine and where weboth had a horse selected for first we would banker or go light...

mr hawaii wrote:

bayern wrote: Try forming a sort of Punters Podium but with a maximum of 4 people. Everyone puts the same amount of money (say) R 100.00/ R200.00, and so on. Each person has one bet on the card for the full agreed contribution/maximum, be it a PA, straight wins, double, etc. Each person discloses what bet they've taken for the group and hopefully someone clicks with a winning bet with odds greater than 4/1.

The beauty of this, when it's "group" money, one is less afraid of putting (say) R 200.00 on a big priced horse as oppose to your private kitty, where one is inclined to outlay smaller amounts on bigger priced horse.

The other thing, the players tend to "study" harder not to let the group down or be the odd one out.

Try it, it's good fun.

I used to try split a pa with another guy - One day he selects odd races the next evens - so every second day you have 4 races to study - you decide yourself how many horse you need per leg and then combine - or we woud each sellect 3 horses each leg and combine and where weboth had a horse selected for first we would banker or go light...

I am against that way of thinking, reason being, there comes a meeting that you all agree on the so call good thing, and that's the one that sticks the group out. Our system, the card was never discussed amongst the group, one just disclosed what bet was taken. The point being, someone picks a R8.00 or R10.00 swinger, the excitement is something else.