Horse Racing Tips and Racing Systems That Work…At least some of the time anyway!

Can Backing Short Priced Favourites be Profitable?

By on Nov 16, 2010 in Aida Racing |

There have been many systems and methods that have evolved around backing short priced strongly fancied favourites. The reason for this is obvious but it is a well known fact that less than 1/3 of all favourites win, so why do so many people put their faith and in most cases hard earned cash on the short price fav?

In part the reason most people back the favourite is because they believe whoever has made the horse favourite knows best, and overall no doubt they do, but horse racing is far from being an exact science.

If horses where to run to exactly the same level every time, as if it were a Robot, then it would be easy to devise a computer program to input all of the relevant data a come up with a winner every time. But horses are not Robots or course, neither are the jockeys riding them.

In fact the trainers of the horses in any given race will not always for various reasons have their respective horses running well. The going could change from the forecast going, that some of the horses may have preferred, to softer or firmer going which is not as suitable.

I am sure you know that there are almost an endless number of reasons why any horse may not run as well on any given day as their form might suggest. Therefore it is not easy backing a winner at anytime, of course there are days when you maybe can’t go wrong and everything you back romps in or at least runs very well, but in my experience those days are too few.

So when it comes to backing short priced favourites and by short priced let’s say below 2/1, if you want to stand a chance at making a profit, you really have to be backing the right ones.

Five years ago I wrote a system called The WOLCO Racing System and it worked well for quite some time, then a couple of years ago it went through a lean period and I stopped monitoring it. The system mainly selected 1st and 2nd favourites and the average price was around the 2/1 mark although it did give winners very occasionally above 10/1.

Using the system you could often get a 50% strike rate on any given day sometimes more and quite often less. If you were a little more selective however and put a little more time in sorting out those horses that were better value than others it could be a very handy system.

I had a few phone calls over the years from people who were doing just that and were making decent monthly profits on a consistent basis too.

To get to my point, if you are going to back horses at 2/1 and lower it is a good strategy to look deeper into the form and find out if the horse is really worth backing. It’s a good idea too to look at the opposition in the race and see if there are any potential dangers to your short price fav.

Finally, going back to The WOLCO Racing System briefly, the system sold almost 400 copies at £297 and many testimonials were received too from satisfied customers.

I now feel however that it is time to re-launch this system on the Internet for a limited period at a massively reduced cost. I have decided to offer the full updated system for just £49 one-off payment (first 50 copies only) and then I may increase the price again.

If you are interested in this system, you can pre-register for a copy by using the Contact Us page and I will then contact you when it is ready, no obligation of course.

Thanks for reading and make sure those short priced fav’s are worthwhile backing!

Neil Davies