I have an extensive handicapping library however, I still like to read as much as I can about the game to further my knowledge and hopefully profit from it.
Tooting put me onto a recent week long series in the Racing Post “Betting Masterclass”, where they featured the most successful professional punters in the business.
Dave Nevison is a by the numbers “tissue” punter so I read his commentary first given that I am trying to emulate this approach. I note that if a horse is available at about a 15% longer price than on his own tissue Nevision backs it. I’ll drop my differential down to 20% from 50% and monitor the change.
At the end of the article he made the following comments:
In Nevison’s view, the recent golden age for punters has passed, eroded by a sophisticated, highly responsive market that makes it difficult for even knowledgeable professionals to maintain satisfactory profit margins.
He asserts that knowledge is power and believes that information becomes property so quickly in today’s environment that it is difficult to exploit an ‘edge’ for long.
So should I give up now?
Not for me as a mere mug to differ with Dave, but I cant help feeling he has not evolved with the times. Being highly opinionated, he maybe assuming that his method is the ONLY approach to punting and now it’s not working, we should all plough another field?
He does end his article with some positive advice to us mugs
Knowledge, discipline, the ability to recognise value, and specialisation in the face of the rising volume of racing, are the keys to success or, at least, to less failure.
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2 Responses
Boon Koh
February 2nd, 2009 at 16:51
1Hey,
Good quotes, made me think a bit too about how I view the betting. I also have the opinion that it is getting very hard to make a profit as the bookies margin of error is getting smaller everyday.
Do you happen to know where I can get the complete series from? I’ve tried searching the racing post and Google, but no luck…
slipperytoad
February 2nd, 2009 at 19:46
2go to https://www.racingpost.com/bookshop/home.sd. Under PDF zone you can select ‘The Newpapers‘. Under ‘Racing News and & Features‘ you can obtain previous editions of the Racing Post (in PDF format) but you’ll need an account first as thy charge £1 for back issues.
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