Sport is made for betting

Part II of that article from PPM (26) REALITY CHECK When betting, learn early that you can’t back the winner of every race. If you’re really good at selecting, you may back about three winners every 10 bets. More than that, and you really are doing exceptionally well. Not that MASS of winners means profit. If you’re getting 40 per cent winners at evens, you’re losing 20 cents in the dollar. You need ANY AMOUNT of winners whose odds total enough to give you a profit. Thus, if you can get 20 per cent winners, you need an average price per winner of 4/1 to break even, and 5/1 to make 20 per cent profit. This is a tough ask. It can be done, but it’s tough. It needs work, which I’ve stressed as one of the ways you can hit top gear . . . through hard work. (learn the maths of betting and how many winners you need to pick - this is vital) (27) CHECK OUT THE CHARTS What do I mean by the charts? I’m talking of the turn-and-finish pictures in the Sportsman, which cover...