Lord Porchester Horse

Most horse racing staking plans tell you to bet bigger after every loser. The 10K System does the opposite — one of three betting systems Peter Travers set out for Australian punters, where the sta...

The favourite looks like the safest bet in Australian horse racing, and across 660 races counted one at a time it lost 25 per cent on turnover — even though the first favourite won 174 of them, mor...

Do lucky saddlecloth numbers win? In 2007 a Practical Punting writer counted 660 Australian horse racing results — 7,363 runners, every TAB number from one to ten — instead of arguing about it. Num...

Most punters back each-way without ever pricing it. This is horse racing betting from 1988 that still holds up: an each-way bet is not one bet with a safety net, it is two bets sold in a single tra...

Most punters pick the right horse and still take the wrong odds. This is horse racing betting from 1988 that still holds up: the same selection, a better price, and the four seconds that pay for it.

Most punters read a form guide without ever deciding which parts of it matter. This is horse racing form study from 1992 that still holds up: what a formline tells you, and what it quietly hides.

Before we place a bet, each one of us goes through a mind game in determining (a) which horse or horses to back and (b) how to back them. It is a mind game of sometimes infuriating complexity, and...

Special Report When I surprised everyone by resigning from my banking job well before retirement, I told them: "I've always believed a person should have three careers in life, and now I'm going...

As the racing world deals with the mind numbing issue of padded whips I really wonder about priorities. Yes, some horses need persuading with a whip but overall the form will work itself out and th...

As the racing world deals with the mind numbing issue of padded whips I really wonder about priorities. Yes, some horses need persuading with a whip but overall the form will work itself out and th...

Why do people bet? In contrast to most things in life, betting presents us with two things: a certainty (the money in your pocket) which is converted into something which is highly uncertain-the p...

On Saturday Love Conquers All either choked down or had a form of heart failure when he finished last. As he metaphorically "died" a part of my wallet died as well and I started to wonder about the...