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Wise words from the prince of the punt
MAKE YOUR LUCK (Part 2)
Alf Sorbillo, an American punter who made a fortune betting on
the Californian races in the 50s and 60s, used to tell anyone who asked
for the secret of his success: "I made my own luck.
By this,
Sorbillo meant that he worked so hard at making his betting pay that
Lady Luck just happened to flow along with the blood, sweat and tears.
Today's punters of the 90s would do well to heed Sorbillo's dictum.
Hard
work in punting, as in business, tends to make its own luck. Few
millionaires got that much money by luck alone. To get the luck they had
to position themselves to take advantage of it.
Secrets of the pro punter
WE'RE NOT GAMBLERS (Part 1)
Ask
any professional punter if he's a gambler and he'll say NO! Most
punters look on themselves as business people. They see their bets as
investments. They set long-term goals, and they try to run a disciplined
day-to-day program, cutting out risk as much as possible, and getting
the best deal they can.
Phil Bull, the founder of Britain's
Timeform organisation, used to say: "Those who bet for fun are unlikely
to get their entertainment for nothing." What he was saying is that
betting for fun is a form of entertainment, like any other, and
long-term success demands a disciplined approach.
Delve into books for your betting inspiration
NEVER TOO OLD TO LEARN NEW TRICKS (Part 2)
Last month we left off at the point where I was raving (again) about the Graham Swift novel, Last Orders.
It's the only novel I can ever remember in which the author really seems to understand what is going on inside a punter's head.
I include people like Dick Francis when I say that most people who write about racing are only able to speak from their own viewpoint when it comes to punters.
How you can invest in
BEAUTIFUL SET OF NUMBERS
This article is an extract from Steve Fierro's best-selling book The Four Quarters of Horse Investing, which is available from book stores on the Internet, including www.netcapper.com and www.todaysracingdigest.com.
How much will this cost? How much will I make? How will I get paid? The three questions I present above must be answered. You have worked your way through quite a process. You have laboured in earnest to build a successful horse-investing portfolio. You deserve the answers to those questions.
Alan Potts and the secrets of success
“VALUE” IS ONLY A PERSONAL VIEW (Part 3)
This is the final part of our series
featuring the views of UK professional punter Alan Potts, one of the
most highly-regarded pro’s in world racing. This article takes the form
of a question and answer session.
Q: Alan, what’s your view about
“value” as it’s talked about so much in betting?
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