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Six Keys To Punting Success - Part 4
This series of articles has already discussed realistic profit on turnover, losing runs and probability. Today I want to write about market percentages. Punters today have a wide variety of opportunities to gain the best prices and by having access to Betfair, best tote products and bookmakers we have a luxury that wasn’t available to us 10 years ago. Betfair often operates as low as 101%, the totes at 118% and bookmakers at somewhere between 110% and 140%. But what does that all mean? Odds Market % 1. $2.5 = 40.00% 2. $4.0 = 25.00% 3. $5.0 = 20.00% 4. $8.0 = 12.50% 5. $12 = 8.50% 6. $17 = 5.88% 7. $34 = 2.95% 8. $51 = 2.00% 9. $71 = 1.40% 10. $101 = 1.00% TOTAL 118% The above odds typify a TAB market which operates at approximately 118%. This means that if you were to back each horse to collect $100 it would cost you $118. That is because the TAB deduct around 18% from the total pool before distributing the remainder between the total number of units bet on the winner. Below is the same market at 110% 1. $ 2.80 2. $ 4.30 3. $ 5.50 4. $ 8.50 5. $14.00 6. $20.00 7. $34.00 8. $51.00 9. $71.00 10. $101.00 Below is the same market again, but this time at 101% 1. $3.00 2. $4.40 3. $6.00 4. $9.00 5. $15.00 6. $21.00 7. $41.00 8. $61.00 9. $71.00 10. $101.00 This series will continue in coming weeks with the following topics: (5) Discipline is the key (6) Betting with ratings David Duffield provides horse racing tips, ratings, lay betting and sports tips that will help you turn into a winning punter. To learn more please visit Horse Racing Tips.
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