There is no "magic system"
Posted: Wed Jun 27, 2018 8:29 pm
The following post was made by Mike Salway on the Patternform facebook group which I thought was insightful enough to warrant reproduction here (with permission).
There is no "magic system" - horse racing is incredibly variable and there are so many factors that decides whether a horse wins or not
pattern form is just one way of looking at a race but you really have to look at races from multiple angles, including perceived odds value, which is where a bit of mathematics comes into it
You have to put all of that together to make money, and it's not easy
Like anything, the more you know about horse racing the better - and you only get to know it properly by watching racing, studying it, back-testing systems, trying out variables, reading, learning from others, you have to really understand horse racing and what it takes for a horse to win, otherwise you are just trying to hit treble 20 with a blindfold on
I can talk with a bit of authority because I have been semi-successful at picking horses to win, and I believe I am well on my way to making consistent profit but I have failed a LOT and I have kept going, and that is another key. You might get some early success and then it all goes pear-shaped, but being able to rebound from losses is a true test of character
The reason Martin is so good with his selections is he knows the game and he's failed lots (sorry Martin but it's probably true), you only learn by losing and then refining, only then may you get somewhere
it is really about gaining an edge, however small that edge is, and then playing that edge out in the markets to make any sort of money
There is no "magic system" - horse racing is incredibly variable and there are so many factors that decides whether a horse wins or not
pattern form is just one way of looking at a race but you really have to look at races from multiple angles, including perceived odds value, which is where a bit of mathematics comes into it
You have to put all of that together to make money, and it's not easy
Like anything, the more you know about horse racing the better - and you only get to know it properly by watching racing, studying it, back-testing systems, trying out variables, reading, learning from others, you have to really understand horse racing and what it takes for a horse to win, otherwise you are just trying to hit treble 20 with a blindfold on
I can talk with a bit of authority because I have been semi-successful at picking horses to win, and I believe I am well on my way to making consistent profit but I have failed a LOT and I have kept going, and that is another key. You might get some early success and then it all goes pear-shaped, but being able to rebound from losses is a true test of character
The reason Martin is so good with his selections is he knows the game and he's failed lots (sorry Martin but it's probably true), you only learn by losing and then refining, only then may you get somewhere
it is really about gaining an edge, however small that edge is, and then playing that edge out in the markets to make any sort of money