Going To The Cheltenham Festival

Going To The Cheltenham Festival  I don’t like being negative so I’m in two minds to write this article. I’m a lover of horse racing and frequently visit Great Yarmouth Racecourse. I know what you are saying: ‘Well, I see your problem already! You’ve been following the wrong code of racing from the start. How can the Flat compare with the National Hunt?’ I’ve been to a couple of National hunt meetings: Huntingdon & Fakenham. To be honest, I enjoyed the experience. Sadly, I’ve seen a couple of horses fatally injured. Nothing worse that hearing the sigh of the crowd, followed by the cheering on the winner and five minutes later a jockey walking back with a saddle but no horse. That’s not my reason for not wanting to go to the Cheltenham Festival.

Living in Cambridgeshire, a Fen Boy, it would take three or four hours to get to Prestbury Park, Gloucestershire. I guess I could get the train from March changing at Birmingham New Street and some 2 hours and 6 minutes later I’m at Cheltenham Spa. Standard return costs £105.10 or First Class at £275.20.

I could have got a day out with the Ship Inn public house in my home town which would have been a much cheaper alternative. Paul, the landlord, is a lovely man and generous. My brother and I have been with the groovy gang to Fakenham (the first time called off when we arrived after torrential rain and waterlogging), the second time I couldn’t attend but my brother, Tony, and cousin, Danny, had a great day out and returned in profit.

Cheltenham tickets range from £37 – £86 (Club Enclosure) so a pretty expensive affair if you want to go all four days.

£7.50 for a pint of Guinness. Yes, it’s probably a quid extra compared to Great Yarmouth. In fact, the entry to Ladies’ Day on the coastal track is a pretty similar price (£31).

I know what you’re saying: ‘It’s horses for courses.’

To be fair you are getting closer to my reason why the impossible is happening before your eyes that I would rather go to Great Yarmouth than The Cheltenham Festival. ‘The sea air must have addled his mind! A candyfloss laden with drugs. Perhaps the Puppet Man had a word in my shell.’

In reality, I can’t give the reason of travel times as an excuse. It takes an hour less to get to Cheltenham.

The problem I have with Cheltenham is that it’s one hell of a busy place. In fact, 65,000 people attend each day. I’m not sure how busy and cramped that seems but watching on TV I kind of think about a goldfish in a bowl. A small round bowl, without the gravel or castle. As the weather turns, I’m thinking where will I go to get out of the rain. Do I need a wax jacket, flat cap and Dunlop Wellington boots? Should I take a packed lunch? And will I ever get to the bar for my pint? And after a few pints, how long do I have to wait for the toilets?

I remember years ago I went on a bus from our local The Lord Nelson pub to Royal Ascot. I think that was Ladies Day. Honestly, that was one of the worst days I ever had at the races. It rained all day. Drenched to the skin. Huddled under cover for a short time like sardines in a can. If I could have clicked my fingers, I’d have been transported home. Instead we had some old coach take us home. An endless journey, starring out of a rainy window. Communities looking at us thinking we had been rescued from a sinking ship.

I’ve never been so happy to return home.

The thought of travelling to the Cheltenham Festival to be stuck in a giant crowd isn’t a good feeling. A sea of umbrella’s (I’d be one of the poor souls who didn’t bring theirs), squelching feet. Honestly, one loser would push me over the edge. I’d be crying into my Guinness which would be topped up with rain.

I’m sure if dressed for any weather, a luxury hotel down the road and some VIP experience I’d be singing to the rafters about my day(s) at Prestbury Park.

Give me a lovely summer’s day at Great Yarmouth, ideally mid-week when there’s hardly a crowd.

Sometimes you have to be against the crowd.

On this occasion I am.

Patrick Veitch: The Winning Line Racing Tips

Patrick Veitch: The Winning Line Racing Tips  I started reading Patrick Veitch’s Enemy Number One: The Secrets Of The UK’s Most Feared Professional Punter, published by the Racing Post in 2009.

It’s a good read. In fact, I’m halfway through it. A mix of professional punting, scared for his life and even selling racing tips. I say racing tips in the way of being paid to give racing tips. This was an interesting read from Mr. Veitch who detailed that while studying Mathematics at Trinity University at Cambridge he was paid to give racing tips, which paid well. He teamed up with a few people along the way and had advertisements in The Sporting Life and Racing Post, at one time under the name of The Professional. By all accounts it was a good money spinner until other tipsters – let’s call them the good, bad and ugly – starting to saturate the market and it wasn’t viable from there on.

After his initial tipster escapades, Veitch was approached by The Winning Line, founded in 1992 by Stephen Winstanley, a costly subscription service, which detailed the tips via recorded telephone messages. For this he sign a contract and was paid £100,000 per annum and bonuses on performance. It was a lucrative deal but something that didn’t sit very well with ‘Baby Faced Assassin’ who would rather have time for himself and do his own thing. He made a healthy profit for the company, which obviously kept the punters happy.

I found it interesting from reading Dave Nevison’s A Bloody Good Winner: Life as a Professional Gambler, published by Highdown in 2007, that he too had been paid £100,000 for his tips by The Winning Line in 2000. On balance, it would seem that both appreciated the earning potential of the contract but for both tipsters it was a short-lived experience.

I think Veitch worked with The Winning Line around 1995 and Nevison in 2000. I wonder if there were any other high-profile professions who were involved. It would be intriguing to know the other faces and how they went. I would love to read a book published about The Winning Line as it would be fascinating to hear the thoughts of both partner’s Stephen Winstanley and Nick Stewart.

If the horse racing tipster of today are making money at the same level it must be a very lucrative deal. As Veitch detailed, The Winning Line was very successful in his duration and within minutes of tips being given the prices shortened. This has been the case with other services and the market adjusts for those who are well informed. In fact, many imply have their tips were passed on by other tipsters as their own which was even accepted by some publications and turned a blind eye to.

It would seem that both Veitch and Nevison made hay while the sun shined but the implications of working in the world of giving racing tips hindered their enjoyment of simply being professional gamblers.

A fascinating read.

Gambling: Don’t Create Bad Habits

Gambling: Don’t Create Bad Habits  After studying gambling to a very high level I have learned a lot over the years. It’s a long road. There is no easy answer to anything worthwhile and expertise is about finding answers to questions, just ask any of the best Horse tipsters. In ways, every answer is important but until you learn enough there is no way of knowing the importance of yes, no or maybe. In those early years, there are far too many maybes. And that is the same for creating bad habits.

To be a good gambler on a skill-based sport you need a vast knowledge. This will only come from a passion for your subject matter, an inquisitive nature, wanting to learn, and digging to learn more. It isn’t something which can be rushed.

That’s the difficulty of learning a subject where there is no book, no guide, no degree or doctorate.

No nothing.

Each scrap of knowledge is hard earned. Often with the loss of a bet and your hard-earned cash.

Very few people want to give their knowledge away because they get little to nothing in return. In fact, it is most likely detrimental to them.

So the knowledge you have gained never come easy. Far from it. You will have to go the extra mile, perhaps a million miles. You may never get there. But you won’t know that until it is too late.

There are many crucial things you need to learn. The process and method you employ is as important – if not more – than the selection itself. For example, if you bet on the same horse but fail to follow the best approach it may result you winning little to nothing. Get it correct, and you will make a killing.

So where does the bad habit come to haunt you?

When you do not stick to your guidelines, rules, method and process it’s a problem.

These statements may seem very open-ended and vague but they won’t when you get to the level of competence. Don’t push too hard, go above and beyond your best process and method because that is classed as a bad habit.

But what is the consequence of a bad habit?

Let’s consider this definition: Bad habits typically provide temporary pleasure or relief but often have negative consequences in the long term.

A bad habit may be your foolish attempt to make easy money. The worse thing may be if this works but is in actual fact a bad decision. In fact, long term this is an action which will cost you money. Instead of moving forward, you have slipped back a notch or lost track completely. A seemingly innocent act could be the creation of a bad habit.

The only way this will be resolved is by correction.

The best answer to that question is to make sure you don’t create bad habits. This is easier said than done but it is something you will understand more easily with time and experience, ultimately knowledge.

Being a good gambler is a journey of discovery finding answers to questions but also avoiding bad habits.

Good luck.

Can AI Predict Winning Horse Racing Tips?

Can AI Predict Winning Horse Racing Tips?  So you like a bet on the horses?

Nothing wrong with that you may say. A little flutter. It could be a day to remember if that 50/1 shot hoses up.

However, I do have one question: ‘Should I ask a person or a robot for a tip?’

Images come to mind of a professional gambler robot, smoking a cigar, reading the form, and spouting out: ‘I’ve got a horse!’

Perhaps I have an overactive imagination. I’m not even sure how a robot or artificial intelligent (AI) comes to making a horse racing tip selection. I guess it works like a person but much quicker and better. It has a strike rate that even Nick Mordin would respect. I’m sure if he still wrote for The Weekend publication he’d have The Robot vs Dave Nevison in a battle to the death.

My money would be on Dave ‘The Human’ Nevison.

You have only to watch the news or read the tabloids to appreciate the world has changed with the advancement of AI. Hollywood script writers are fearful of being put out of work, artists fear their work will be duplicated in the style of Banksy. While Eric Winner Racing Tips are wondering which robot will put him out of business.

But why is AI so good at tipping horses?

Here are a few bullet points to make any homo sapien horse racing tipster squirm:

  • AI can analyse vast amounts of data and identify patterns humans may miss.

  • Within seconds it assess information about horses, trainers, jockeys and variables you cannot even imagine.

  • For example, it may identify horses that have won at certain prices, weather conditions or information that isn’t freely available to human counterparts.

  • AI can process data in real time allowing it to change its prediction for changing conditions like going description or betting patterns.

  • It makes judgements without emotions, which is a problem for most human gamblers when struggling for form or over confident.

  • In a world of increasing data it may be able to tap into aspects such as horse diet, training routines, or even horse temperament.

  • This has already been detailed with the Horse Racing Prediction System (HRPS) developed at the University of Hertfordshire which combines machine learning with statistical models to analyse data on horses.

  • Another example is Betmix AI system.

It is important to remember that although IA systems have proclaimed impressive results they are not infallible. Even the most advanced systems cannot account for all the variables which make a winning tip. Gambling should be be approached with caution and responsible betting should be followed.

The next time you are thinking of placing a bet, your biggest decision may be to consider who do you want to blame for your next loser!

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