Online Gambling Strategy

For online gambling or even playing online fruit machines one of the most valuable assets you can apply to your daily punting is to maximize the use of your time spent making your selections.

Don’t waste time searching the internet for new systems or tipsters.

Avoid spending hours on form study unless it is showing a profit and focus your time only on what is working.

Check your past records and determine what has been your most successful angle.

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Break system down to a series of steps

You may be using a system, ratings or form study; now analyze why this was bringing in winners and break the selection process down into a series of steps. Remove any step that does not appear to make sense.

Now start paper trading but trade each step of the selection process. After a few weeks you will see a pattern emerging and be able to identify which steps are profitable.

Take for example a system that follows horses that have run in the Champion Bumper at the Cheltenham Festival.

Step 1 – make a list of the runners

Step 2 – paper trade all of them on their next 3 outings

Step 3 – check the type of race for which you obtain the most winners – NHF, hurdles, chase, novice races, handicaps etc

Step 4 – which trainers enjoy the most success

The unprofitable steps can either be removed or tweaked to bring them into line with the steps that are working.

Online Gambling Needs A System

For Example:

The first 3 finishers in the 2023 Weatherbys Champion Bumper (A Standard Open NH Flat Race) (Grade 1)

1. A Dream To Share - Trainer J E Kiely - Jockey Mr J L Gleason

A Dream To Share followed his win at Cheltenham by winning a Bumper a month later at Punchestown. He then changed trainers and was entered in a similar race at Leopardstown where he came 6th out of 10 runners (for which he would probably benefit from the run).

2. Fact To File - Trainer W P Mullins - Jockey P W Mullins

Fact To File followed his 2nd with 4 chase races winning 3 of them, the last of which was the Brown Advisory Novices' Chase at the following year’s Cheltenham Festival.

3. Captain Teague - Trainer P F Nicholls - Jockey Harry Cobden

Captain Teague went on to contest 4 hurdles races winning 2 of them.

From just these 3 results we could start a system around the fact that these horses went on to win at least 50% of their subsequent races. One of them kept to NHF races, one went over hurdles and one went straight to chase races.

Improve online gambling results

After step 2 make a note of any profit – then try various ways to improve the results for example by removing certain runners.

It is also worth considering the type of race. Horses that ran in the Champion Bumper usually go on to tackle hurdles races later in the year. Some however might continue to run in bumpers (National Hunt Flat races).

Then move on to step 3 where you again establish the profit for just this step and then attempt to improve it by removing or changing the selections.

In this way you are building a picture of what is working and what should be discarded in the selection process.

The eventual aim is to optimize the system or selection process to provide you with consistent profits and a better understanding of how and why the system works.

This in turn will ensure you are not wasting valuable time on chasing unprofitable betting methods.

Velasco and rider Dillan from Susan Corbett's yard

Frequently Asked Questions

Here are some Frequently Asked Questions about online gambling strategies and their relevant answers:

1. Q: What does "paper trading" mean in online gambling?

A: Paper trading in online gambling refers to the practice of simulating bets without actually wagering real money. This strategy helps gamblers test different methods and understand their profitability before betting with real money.

2. Q: How do I maximize my time when gambling online?

A: You can maximize your time in online gambling by focusing on effective and profitable strategies. Regularly check your past performance records and learn from them. It's advised to avoid wasting time on unprofitable betting methods or systems that do not show a track record of success.

3. Q: What is a selection process in online gambling strategies?

A: The selection process refers to the steps or criteria you use to choose where to place your bet. This can involve studying past performance, favoring certain players or teams, or considering other factors that may affect the outcome.

4. Q: What does "optimize the system" mean in online gambling strategies?

A: Optimizing the system refers to adjusting and refining your gambling strategies to make them as profitable as possible. It involves analyzing the success of each part of your method, discarding steps that do not work, and enhancing those that do.

5. Q: How can I determine which steps of my strategy are profitable?

A: The best way to track the profitability of your strategy is through record keeping and analysis. Track your bets, noting what led to your decisions, and review the outcomes. Over time, patterns will emerge that reveal which aspects of your strategy are fostering success and which are not.

6. Q: How important is the study of past records in online gambling?

A: The study of past records is crucial in online gambling. It provides invaluable data to understand what's working and what's not in your strategy. This historical analysis helps guide future decisions and strategies for improved gambling outcomes.

Remember, responsible gambling is essential regardless of the strategy you choose!