8/21/2019

 WHY  PUNTERS  LOSE ?


It  is  said  that  horseracing  is a  ‘game  of  skill’. Yes , it  is. But  many punters  do  not  agree, because  they  can  not  differentiate  between  ‘game  of  skill’  and  ‘betting  skill’.  
To  win  a  game  a player  must  be  proficient in  that  game, knowledgeable, able  to  adept  quickly  and easily to a  situation and  KEEPS  ON  LEARNING  till ‘retirement’ from  the  game. 

Does  a often  ‘losing’ punter  ever  follows  all  or any  of  these simple and  basic  rules?

I  can  say  with conviction and  with  my  own experience that  a  ‘often losing  punter’  NEVER  follows any  of  these rules.
At  present, horse racing in  India  consists  of  two  parts -  racing  as a  sport to  win by  trying  to  prove  the superiority  of   breed, breeding  methods,  training  methods,  riding  skill and  few  more; the  second  part intertwined  with  it  is BETTING  which  has overpowered and  neutralised  all components of  the  first  part…

Why  and  how  it  has happened – the  reader  must find out himself to  remain  viable…
Spoonfeeding  will  not  help!

Few  months  back , an  intelligent, knowledgeable person  opened  a  thread  -  why  present day punters  lose , are more   confused inspite  of getting  all info, data, reports etc.  which  was  not  available  in  olden  days – before 2000…
More  than  100  responses were  published but  NONE   could  point  out  the  reason  or offer  a remedy…
I entered racecourse  in  1973,  betting  tenners  or  twenties  on  DAYS BEST as  per  the race  book and  over a  period 20 to  30  years  must  have  lost  500k to 1000K  but like  a stubborn ‘mule’  did  not  give  up….  Carried  on  improving my system, methodology, betting strategy  etc. and  started getting ‘EVEN’  with the adversaries…
With  no professional backup , no previous knowledge, no  connections, no  information or  advice I did  survive and started recovering ( only  from  2003) my lost ‘money’ after losing  it  more  than 30  years in 70s,80s & 90s  because  there  was  no  internet,  no help and  no  advice from experts  or  novices…
My stubborn attitude has  enabled  me  to become  a winner  from  a  perpetual loser by  realising  that  TO  WIN  AND  MAKE  MONEY  FROM  RACING   a punter  must  have  BETTING  SKILL and that  has  to  be  learned , understood and  constantly improved to  remain in  winner’s  circle…