Welcome to ‘Racing to Profit’.
My name is Josh Wright.
I grew up in a small town called Mildenhall, not too far from Newmarket, and developed my passion for racing while ‘studying’ at the University of Liverpool.
Over the past 8 years I have become engrossed in what I consider to be the best sport in the world. I view a horse race as a puzzle that needs to be solved and the adrenalin of watching your selection cross the winning post in front cannot be beaten – especially when you have backed up your opinion with a bet.
Of course when I started out betting on racing I didn’t have a clue what I was doing. I wanted a quick fix so decided to pay someone who I thought knew what they were doing. To cut a long story short I lost over £2600 in my first year at university on a tipster service that didn’t do too well! Clearly it was a great way to spend some of my student loan and max out my overdraft.
That was the wake up call I needed. I knew I had to change and become a student of the game, and learn to love the sport for what it is. I signed up to some great mailing lists, read lots of books, found the right tools and thankfully became profitable – and have been so for the last 5 years. (with this jumps season being the best of the lot)
I have created this website to provide something of interest (i hope!) to others who like betting on horse racing in the UK.
I have a clear approach to racing and betting that works for me.
Firstly I am a big fan of trainers habits and patterns of behavior. I enjoy finding mini angles and systems in which to profit from them. I also like what I call ‘horse profiling’. This is where I find a horse (normally fairly exposed) that has demonstrated a clear liking for certain conditions. These conditions are normally time of year, field size, type of track, jockey relationship, rest pattern. Finding horses with clear class ceilings can also be lucrative.
I also enjoy finding pace angles in a race, especially in small fields, be it on the flat or over the sticks. I have had a few winner when backing Joe Fanning front runners in single figure fields around turning tracks, or when he is on a front runner in a sprint and drawn against a rail.
Then of course there is the day to day race analysis. I like to focus on 3m + handicap chases/hurdles and flat handicaps over 5f, 6f and 7f. I also like using trends and stats in big races to help narrow down the field.
I am not really into ratings and ‘handicapping’ in the traditional sense. Of course I will see if a horse has a rating ceiling but on the whole I look at a race in isolation and try to work out which horse is best suited to the race conditions – looking at all the factors that no doubt you do when picking a selection.
I have come to learn that price is one of, if not the, most important factor and that it is crucial to find horses that are a bigger price than you think they should be. Obviously you have to think the horse has some chance of being competitive but a lot of the time the price will be the deciding factor. Of course this means the odd losing run but over time I have found this approach to work.
From November 2014 to September 2015 the blog’s FREE ‘official tips’ made around +70 points profit (£1400 to £20 stakes). The 2015/16 jumps season is showing a profit of over 150 points so far (as of 30/03/16) and a profit of +127 points in 2016 alone. (+£2540 to my own £20 stakes)
I back all of my own tips to £20 per point. Most of my tips are 1 point win bets, 1 point EW or very rarely 2 points win. This is a level I am comfortable with and it means I do not get too upset when I lose and I can watch a race through to the finish, without having to look away knowing I may be about to lose a small fortune!
I also enjoy building systems and I have many ideas that I share from time to time.
So, that is me in a nutshell and my approach to betting on horses. Hopefully you find this blog an enjoyable and informative read. With any luck you will also find it rather profitable as well – over time! 🙂