Transaction Horse

Favourites win around 30 per cent of races and lose the other 70 — which is why betting every favourite in Australian horse racing grinds you down. A writer going by Mr Money took that apart for Pr...

You can back winners all year in Australian horse racing and still finish the year behind — that is a staking problem, not a selection problem. Philip Roy wrote about it for Practical Punting in Ma...

Framing your own betting market in Australian horse racing means putting a price on a horse yourself — estimating its percentage chance, just as a bookmaker does. Denton Jardine wrote this one for ...

A bookmaker's price is only an opinion — which is where framing your own betting market in Australian horse racing starts. Denton Jardine wrote this one for Practical Punting in August 1995, and he...

Ten per cent profit on turnover would make most professional punters in Australian horse racing ecstatic — and most, in fact, profit closer to five. Rick, who fits out hotels and offices for a livi...

Picking winners is one thing; backing them correctly is another — and in Australian horse racing, staking is where a good selector hands the year back. In April 1987, writing as Statsman, one Pract...

James Packer yesterday became the outright owner of Betfair Australasia when he paid $10 million for the remaining 50 per cent, reports Racing Network. Packer was an original 50-percent sharehold...

Nathan Tinkler has reached an agreement to sell off his thoroughbred racing and breeding operation, Patinack Farm, for an undisclosed sum to an undisclosed consortium of buyers consisting of ''loc...

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...

Although most punters are doomed to lose, it's an interesting facet of betting life in the world of horse-racing that the actual betting markets, produced by weight of money, are very efficient. I...

The argument over each way betting never goes away, does it? A reader from Perth raised the matter with me in a letter just recently. He said that he'd read in PPM that each way betting was bad b...

The argument over each way betting never goes away, does it? A reader from Perth raised the matter with me in a letter just recently. He said that he'd read in PPM that each way betting was bad b...