- Aug 4, 2016
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Yeah I can’t see a world where sport MBL’s become reality. Racing MBL’s are set by the racing bodies. What sporting body would bother with it when it’s not their main source of income?
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I think people do not realise that unless you do the hard work you are not making a profit long term. Pro punting is a full time job and if someone else finds your edge then the profits might not even last.I'll add my experience.
been betting dogs for a living for just on 10 yrs. Took a package from work 10 yrs ago and gave the punt 3 mths or id get another job.
before mbl's it entailed multiple bowler's to get enough down and I would have had to give it up had mbl's not come in .
over the journey, I've spent around 10k on custom database builds/updates
You have to focus on a part of the market. for me its maidens and low tier races, where "form" is less exposed and I specialise in certain tracks
I spend around 30-40 hours a week doing video analysis and getting "maps" right. I also time my own sectionals manually using track markers, as the first 5 seconds of a dog race are critical, and alot of the public sectionals are either too short or too long of duration.
from that, I probably spend more time getting money down at multiple books (mbls are very low in dogs, as against horses) than I do creating my bet sheet for the day.
Shits me not being able to get enough on early, as mbl's kick in an hr or two prior to first race at each meeting (depending on state)
Past 3 yrs I've averaged around 18% on turnover and have made 6 figures every yr the past 6 or something
where do you bet mainly?I'll add my experience.
been betting dogs for a living for just on 10 yrs. Took a package from work 10 yrs ago and gave the punt 3 mths or id get another job.
before mbl's it entailed multiple bowler's to get enough down and I would have had to give it up had mbl's not come in .
over the journey, I've spent around 10k on custom database builds/updates
You have to focus on a part of the market. for me its maidens and low tier races, where "form" is less exposed and I specialise in certain tracks
I spend around 30-40 hours a week doing video analysis and getting "maps" right. I also time my own sectionals manually using track markers, as the first 5 seconds of a dog race are critical, and alot of the public sectionals are either too short or too long of duration.
from that, I probably spend more time getting money down at multiple books (mbls are very low in dogs, as against horses) than I do creating my bet sheet for the day.
Shits me not being able to get enough on early, as mbl's kick in an hr or two prior to first race at each meeting (depending on state)
Past 3 yrs I've averaged around 18% on turnover and have made 6 figures every yr the past 6 or something
this is correct, i would say i probably spend more hours "working" than most employed peopleI think people do not realise that unless you do the hard work you are not making a profit long term. Pro punting is a full time job and if someone else finds your edge then the profits might not even last.
where do you bet mainly?
current most updated list, couple months old thoughedit - wrong thread, carry on..
this is correct, i would say i probably spend more hours "working" than most employed people
i get bits and pieces down in the morning at a handful of books that bet mbl's from start of day rather than the law (1hr/2hrs prior to race 1)
then the balance late as % come down at places like punt on dogs , sportsbet, boom,
I also que money at betfair where i can and top up my final outlay when liquidity comes there (last few minutes to jump) but obv markets are more efficient by then.
i used to put a shiteload through citibet , but closed that account a few yrs ago
has varied over time. used to be slanted toward place bets on roughies with the odd win betPlace or win bets, or a combo of both?
I used to have a dabble on the doggies, i found that if you saw dogs with form that had lots of wins and barely any places were good bets to leave out of tri's where they had drawn badly in races with lots of early speed. You could get massive dividends.has varied over time. used to be slanted toward place bets on roughies with the odd win bet
now its probably an even spread, place only bets, win only bets (half would be 1 dog, half would be dutching 2) on e/w bets that are like 0.5/1 ie, slanted to place.
i like betting place bets/ each way bets in 2 div races
for those unfamiliar with dogs, some dogs are nony's and refuse to win and s**t themselves if they got to the lead, but are good chasers with something in front of them and can be really good value to run a hole , so i like that set up alot as well
other dogs must lead to win , or wont even place if they dont etc etc
Great stuff.has varied over time. used to be slanted toward place bets on roughies with the odd win bet
now its probably an even spread, place only bets, win only bets (half would be 1 dog, half would be dutching 2) on e/w bets that are like 0.5/1 ie, slanted to place.
i like betting place bets/ each way bets in 2 div races
for those unfamiliar with dogs, some dogs are nony's and refuse to win and s**t themselves if they got to the lead, but are good chasers with something in front of them and can be really good value to run a hole , so i like that set up alot as well
other dogs must lead to win , or wont even place if they dont etc etc
not really , i generate my own market and value dictates that, and then it has to map well. I don't bet much below 2.30 i guess place only wise, unless its ridiculous bet.Great stuff.
Do you find you have a sweet spot in terms off place odds? Between $3 and $4 to place?
i am not sure what the tote pools are these days on the dogs, but i have found if you have a bet early on a long shot that no one else likes, the tote odds will blow out massively. Would only work on win bets of course. Place pools are disgustingnot really , i generate my own market and value dictates that, and then it has to map well. I don't bet much below 2.30 i guess place only wise, unless its ridiculous bet.
i will say , the higher the odds the more problematic it is to get money down. For example today, I want to have 1u place on a dog that opened at 31/1 (6 bucks to place). I've managed to get 0.25u down with books that will bet mbl early and moved the price already into about 4.4 ave across the books. Have to balance knowing price will move, with getting at least part of my bet down
I now pretty much have to wait till the last 5 min when % move down and hope i get the drift back out. I'll prob get another 0.25u down on mbl opening and hope i dont move it further , just so its not much of a headfk when money comes late and prices shape better to finish the bet
in dogs, totes are the first thing the books cut off (dogs are mid tote payouts on books) because the pools are easily manipulatedi am not sure what the tote pools are these days on the dogs, but i have found if you have a bet early on a long shot that no one else likes, the tote odds will blow out massively. Would only work on win bets of course. Place pools are disgusting
but you can back it on the TABin dogs, totes are the first thing the books cut off (dogs are mid tote payouts on books) because the pools are easily manipulated
I don't know any pros (as in it's their only source of income) but I know a lot of people who have made big profits over a reasonable period of time.Good read this thread.
Don't know anyone that has made big coin from gambling.
yep there's a difference between being profitable and being a pro, still hard work to make coin over a sustained period but nearing impossible to make a livingI don't know any pros (as in it's their only source of income) but I know a lot of people who have made big profits over a reasonable period of time.
Of the ones that used the corporate bookies I've never known a winning punter on the corporates to not be banned.
is that you Jason Lincoln ?not really , i generate my own market and value dictates that, and then it has to map well. I don't bet much below 2.30 i guess place only wise, unless its ridiculous bet.
i will say , the higher the odds the more problematic it is to get money down. For example today, I want to have 1u place on a dog that opened at 31/1 (6 bucks to place). I've managed to get 0.25u down with books that will bet mbl early and moved the price already into about 4.4 ave across the books. Have to balance knowing price will move, with getting at least part of my bet down
I now pretty much have to wait till the last 5 min when % move down and hope i get the drift back out. I'll prob get another 0.25u down on mbl opening and hope i dont move it further , just so its not much of a headfk when money comes late and prices shape better to finish the bet
Speaking of tracking, I used to use an awesome site called bettingmetrics but I think they closed down. It was very automated and offered good data and analytics.
I know similar can be done with a spreadsheet, but does anyone have any good sites/app? I'm a fan of less manual processes so if I can avoid putting in 20 odd bets and then 20 odd results a week into an excel doc manually I'm all ears as to what people use.