horse racing

Gambling For A Living: Jason Coote

 Tony, Dan and Me at Great Yarmouth

There’s no doubt gambling at a professional level is hard work. In fact, I have followed my passion of two-year-old horse racing since 1985. Almost 40-years of honing my skills to achieve my goal of making my betting pay.

To achieve this level of knowledge is above and beyond 99.9% of the gambling population. As the saying goes: ‘You don’t know what you don’t know’ and there has never been a truer word said when it comes to mastering the complex world of horse racing.

People have asked: ‘Why do you only bet on two-year-old horse racing?’

The answer is simple: there simply isn’t enough time to do everything and more importantly there is no need. Such thinking is just one point of the wisdom which comes from finding answers to questions. Because, to put it simply, that is exactly what a successful professional gambler does. They understand their niche to the highest level and work to a method and process that is replicable. There is no logic or wisdom in trying to answer the same questions without learning. For that reason, every question must be answered. The best answer must be found. This is no easy task and leading to this point may have taken years.

Literally years to answer a question.

Decades to answer hundreds of questions.

And the understanding it’s a lifelong journey of learning.

Gambling is about knowledge, skill and experience.

Here’s the important thing to remember: ‘Knowledge comes before money!’

Too many gamblers think gambling is all about money. To a point it is but the days of ‘buying money’ have long gone. We live in a competitive world. In fact, if you could see the competition from the bookmakers and layers, the push of the competent backers you would have reason to raise your game. There is no hiding place. Whatever it takes you have to set your self apart from the crowd. As a wise old sage said: ‘Betting against the crowd.’ How can everyone be right? They can’t. You either know more than the competition or you lose. But here’s the key quote: ‘You don’t need to be the best gambler in the world.’

‘You simply need to be that little better than most.’

It sounds simple but it isn’t. Far from it. You know it isn’t simple. How can it be. The answer to every question can be seen in the horse racing results. They are speaking to you. Listen and you will understand.

What makes a winner?

What makes a loser?

It’s so easy to move onto the next race. That is a mistake. You need an approach, method and process. You need to understand what makes you a better gambler. So many punters simply never learn. They have been gambling for a lifetime and they are at the same level as they started.

That is a travesty.

You may be asking: ‘What do I need to know to be a professional gambler?’

I will gladly outline my approach. As you can imagine, I won’t be giving you the answer to every question because its not in my interests and even if I did it would take time to learn.

You don’t just wake up one morning to find you are a professional gambler.

It’s a pleasant thought but it’s not reality.

Remember the film: Vanilla Sky staring Tom Cruise.

So what sets me apart from the wave of losing gamblers?

To set myself apart I need to know the best unraced and lightly raced two-year-old horses in training. How do I know the cream of the crop? Not just one horse trainer but all of them big or small. How can that be possible? It comes from learning and my gambling partners and I have the luxury of having that information at hand. In fact, we have an updated list of super stars which is the foundation to our success.

This is just part of the jigsaw puzzle.

You need to understand each and every horse trainer. What are their strengths and weaknesses? Both are as important as each other. Don’t be fooled into thinking it is all about finding winners. It is about finding value. You could have a 75% win rate and be losing cash hand over fist. It’s another understanding of wisdom. Each trainer has a point where the winners start and end. Where the losers start and end. You either know or you don’t know. If you don’t understand all aspects of data analysis you will struggle. That blind spot will be your eternal weakness. Picked off by the piranhas until you wise up, learn more and bet with the confidence of knowing.

You either know or you don’t know.

What do you know?

If you aren’t confident in your knowledge then you are not only lacking in confidence (knowledge) but you will be losing.

Knowledge is power.

Strangely, the best bets are often due to circumstance.

If you don’t know what that means it’s another part of the learning curve. Another factor of wisdom.

There is much to learn.

You don’t know what you don’t know. You have to answer 50 questions to see the next one. It’s smiling like the layer who knows more and waiting to take your cash and leave you disappointed.

Until the day when you look back and smile that little more.

I know more.

You take their cash.

This post just gives a brief glimpse through the eyes of a gambling man who has spent a lifetime of learning to be a winner. I have to carve out a successful approach where the devil is in the detail and replicable. Worked into a lifestyle that suits me and not glued to the laptop. As I’ve said a few times here: ‘You don’t know what you don’t know.’

Until the day you do.

If I can help you in your journey contact jason@professionalgamblers.co.uk

What Is A Racecard | How Do You Read A Race Card?

What Is A Racecard | How Do You Read A Race Card? Race cards are essential tools for horse racing enthusiasts and bettors alike, providing a comprehensive overview of the day’s races and the competing horses. Understanding how to read a race card is crucial for making informed betting decisions and enjoying the sport to its fullest. Here are five key points to demystify race cards and unlock their potential:

1) Race Information:

At the top of a race card, you’ll find essential details about the race, including the race number, distance, surface (such as turf or dirt), and any specific conditions (e.g., age or gender restrictions, eligibility criteria). This section provides a snapshot of what to expect from the race and helps bettors identify races that align with their preferences or betting strategies.

2) Horse Entries:

The heart of the race card lies in the entries section, where each competing horse is listed along with vital information. This typically includes the horse’s name, post position (starting gate number), weight carried, jockey, and trainer. Additionally, you’ll find the horse’s recent performance history, such as its finishes in previous races, the distances it has raced, and the surfaces it has competed on. Evaluating this information allows bettors to assess each horse’s form, suitability for the race conditions, and potential for success.

3) Morning Line Odds:

Race cards often feature morning line odds for each horse, which are the initial estimated odds set by the track’s oddsmaker or handicapper. These odds give bettors a sense of how the betting public is expected to perceive each horse’s chances of winning. While morning line odds can serve as a useful reference point, they are not definitive and may fluctuate based on betting activity leading up to the race. Bettors should consider the morning line odds in conjunction with their own analysis and intuition when making betting decisions.

4) Race Analysis and Insights:

Many race cards include additional analysis and insights provided by experts or handicappers. This commentary may offer valuable perspectives on the race, including potential pace scenarios, notable contenders, and strategic considerations. While not all race cards include this feature, it can be a valuable resource for bettors seeking additional context and guidance. However, it’s essential to interpret race analysis critically and supplement it with your own research and analysis.

How To Read A Horse Racecard

5) Betting Options and Exotics:

Race cards typically outline the various betting options available for each race, ranging from straightforward win, place, and show bets to more exotic wagers like exactas, trifectas, and superfectas. Exotic wagers involve predicting the order of finish for multiple horses and offer the potential for higher payouts but require a higher degree of skill and risk. Understanding the betting options available and how to structure bets effectively is key for maximizing potential returns while managing risk and even become a professional gambler.

In conclusion, race cards serve as indispensable tools for horse racing enthusiasts and bettors, providing a wealth of information and insights to inform betting decisions and enhance the racing experience. By mastering the art of reading race cards and interpreting the wealth of information they contain, bettors can navigate the complexities of horse racing with confidence and precision, unlocking the thrill and excitement of the sport.

Photo: JC 2024

5 Key Factors to Consider When Deciphering Horse Racing Form

5 Key Factors to Consider When Deciphering Horse Racing FormHorse racing is a sport where success often hinges on the ability to interpret past performances, known as form. Understanding the nuances of form is crucial for bettors seeking to make informed decisions and gain an edge in the wagering markets. While there are numerous factors to consider, here are five key elements to evaluate when assessing horse racing form.

1) Recent Performance:

The most immediate indicator of a horse’s form is its recent performances. Examining its finishing positions, margin of victory or defeat, and the quality of competition faced provides valuable insights into its current condition. A horse that has consistently finished in the top positions in recent races is likely to be in good form, while one that has been struggling or underperforming may be facing obstacles or experiencing a decline in form. Paying attention to the horse’s performance in its last few outings can help bettors gauge its current level of competitiveness.

2) Class and Competition:

The level of competition a horse has faced in previous races is another critical factor to consider. Races are typically classified based on factors such as the horse’s age, sex, and previous performance. A horse that has been competing successfully at a higher class level may have a competitive advantage when dropping down to a lower class race. Conversely, a horse moving up in class may face stiffer competition and could struggle to replicate its previous successes. Understanding the dynamics of class and competition allows bettors to assess a horse’s chances more accurately.

3) Track and Distance Preferences:

Some horses perform better on certain types of tracks such as Great Yarmouth or over specific distances. Factors such as track surface (e.g., dirt, turf), track configuration, and race distance can all influence a horse’s performance. By analyzing a horse’s past performances under similar track and distance conditions, bettors can identify patterns and preferences that may affect its chances in an upcoming race. A horse with a proven track record on a particular surface or distance may have a distinct advantage over its rivals, while one that has struggled under similar conditions may be at a disadvantage.

4) Trainer and Jockey Statistics:

The expertise of the trainer and jockey can significantly impact a horse’s performance. Bettors often scrutinize the records of trainers and jockeys to assess their proficiency and track record of success. Factors such as win percentage, average earnings per start, and recent form can provide valuable insights into their abilities. A horse trained by a successful trainer or ridden by a top jockey may be more likely to perform well, particularly if they have a history of success together. Conversely, a horse with a less experienced or less successful trainer or jockey may face additional challenges.

How To Read A Horse Race Card 

5) Fitness and Preparation:

Finally, assessing a horse’s fitness and preparation leading up to a race is essential. Factors such as recent workouts, medical history, and overall health can all influence a horse’s readiness to compete. Observing how a horse looks and behaves in the paddock and on the track can provide additional clues about its condition and readiness to perform. Trainers often employ various training techniques and regimens to ensure their horses are in peak physical and mental condition on race day. Evaluating these factors can help bettors gauge whether a horse is likely to perform up to its potential or if it may be at a disadvantage due to fitness or preparation issues.

In conclusion, analyzing horse racing form requires a comprehensive evaluation of multiple factors. From recent performance and class considerations to track preferences and trainer/jockey statistics, each element plays a crucial role in assessing a horse’s chances of success. By carefully weighing these factors and considering their interplay, bettors can make more informed decisions and increase their chances of success in the complex and unpredictable world of horse racing.

Jason Coote, owner of casino blog, 5pointz.co.uk

Jason Coote

Photo: JC 2024 (Leadpages)

5 Reasons Why Great Yarmouth Racecourse is Worth a Visit

5 Reasons Why Great Yarmouth Racecourse is Worth a Visit

A Day At The Races

Nestled on the scenic Norfolk coast, Great Yarmouth Racecourse stands as a beacon of excitement and tradition in the world of horse racing. With its rich history dating back to 1715, the racecourse offers an unforgettable experience for both seasoned enthusiasts and newcomers alike. Here are five compelling reasons why a visit to Great Yarmouth Racecourse is an absolute must:

1) Breathtaking Coastal Setting:

Great Yarmouth Racecourse boasts a picturesque location, situated amidst the stunning landscapes of the Norfolk coast. Visitors are treated to sweeping views of the North Sea, creating a serene backdrop for a day of thrilling horse racing. The salty sea breeze adds an extra dimension to the experience, providing a refreshing respite from the hustle and bustle of everyday life. Whether you’re a racing aficionado or simply seeking a tranquil escape, the scenic beauty of Great Yarmouth Racecourse is bound to captivate.

It’s worth noting Haven Seashore Holiday Park is next to the racecourse so ideal for holidays at very affordable prices, especially if booked in advance. I visit every September with family and friends and it’s a brilliant location.

If you want an affordable stay then the Carlton Hotel is ideal, opposite the Wellington Pier, and just one-hundred metres from the Grosvenor Casino.

Down the road at Camperdown is the Andover House Hotel (adults only) which offers a touch of luxury. Stayed there many times and a lovely place: quiet, clean and tidy and attentive staff.

2) Heritage and Tradition:

Steeped in over three centuries of history, Great Yarmouth Racecourse down Jellicoe Road, exudes an aura of heritage and tradition. From its inaugural races in the early 18th century to the present day, the racecourse has remained a beloved institution cherished by generations of racegoers. Visitors can immerse themselves in the storied past of horse racing, witnessing firsthand the timeless rituals and rituals that have endured through the ages. Whether it’s the thrill of the track or the elegance of the paddock, Great Yarmouth Racecourse offers a glimpse into a bygone era while celebrating the enduring appeal of the sport.

3) Exciting Racing Calendar:

Ownership Structure of Grosvenor Casino: Behind the Glitz and Glamour

Grosvenor Casino, Great Yarmouth

Great Yarmouth Racecourse hosts an exhilarating array of race meetings throughout the year, ensuring there’s always something to suit every taste. Thrilling flat race events from a racecourse which offers a diverse calendar packed with excitement and anticipation. There’s no shortage of action on the track at Great Yarmouth the highlight The John Musker Fillies’ Stakes Listed Race which takes place every September over a distance of 10 furlongs (1m 2f 23yards). It was first run in 1993. With races catering to all levels of experience, from beginners to seasoned punters, there’s never been a better time to experience the adrenaline-fueled atmosphere of live horse racing. Ladies Day is very popular and takes place on the Thursday of the 3-day Eastern Festival which is their flagship meeting every September. Best to get your tickets early as it’s often a sellout.

Also, worth noting that Great Yarmouth Grosvenor Casino (pictured) is less than two miles down the road. Excellent fun after a day at the races and an evening of roulette (Yes, I’m speaking from experience). You will need identification to become a member, which is free and straightforward.

4) Family-Friendly Entertainment:

Great Yarmouth Racecourse prides itself on offering entertainment for the whole family, making it the perfect destination for a day out with loved ones. In addition to the thrilling races, the racecourse hosts a variety of family-friendly activities and attractions, including a free residents day (June), ensuring there’s never a dull moment. From donkey rides (Britannia Pier) and face painting for the little ones to delicious food stalls and live music for the adults, there’s something for everyone to enjoy. With ample space to roam and play, Great Yarmouth Racecourse promises a day of fun and excitement for visitors of all ages.

5) Warm Hospitality and Atmosphere:

At Great Yarmouth Racecourse, visitors are greeted with warm hospitality and a welcoming atmosphere from the moment they arrive. Whether you’re a seasoned racegoer or a first-time visitor, you’ll be made to feel right at home amidst the friendly crowds and festive spirit. The racecourse prides itself on its attentive staff and excellent facilities, ensuring that every aspect of your visit is a memorable one. Whether you’re cheering on your favorite horse from the grandstand or enjoying a leisurely stroll around the paddock, the sense of camaraderie and excitement at Great Yarmouth Racecourse is truly infectious.

Great Yarmouth aerial image - Yarmouth Racecourse and Yarmouth & Caister Golf Club

In conclusion, Great Yarmouth Racecourse offers a quintessential horse racing experience that’s not to be missed. From its breathtaking coastal setting to its rich heritage and thrilling racing calendar, there’s something for everyone to enjoy at this iconic venue. Whether you’re a seasoned enthusiast or a newcomer to the sport, a day at Great Yarmouth Racecourse promises excitement, entertainment, and memories to last a lifetime.

*Please remember the racecourse is card only for tickets purchased at the gates and at bars (independent stalls may take cash).

Great Yarmouth Racecourse | Google Maps

Thanks for reading.

Jason Coote, owner of casino blog, 5pointz.co.uk

Jason Coote, founder of 5pointz casino blog

Photo: (Great Yarmouth Racecourse, Grosvenor Casino) Jason Coote

5 Top Horse Racing Tipsters in the UK

5 Top Horse Racing Tipsters in the UKHorse racing in the United Kingdom has long been a thrilling and dynamic sport, capturing the hearts of enthusiasts who seek to not only enjoy the races but also capitalize on their knowledge through betting. For those looking to enhance their chances of success, horse racing tipsters play a crucial role. These individuals provide insights, analyses, and predictions to help punters make informed decisions. In this article, we spotlight five standout horse racing tipsters in the UK, recognized for their expertise and accuracy.

1) Hugh Taylor:

Renowned for his meticulous research and insightful analysis, Hugh Taylor is a prominent name in the world of UK horse racing tipsters. With a track record spanning several years, Taylor has gained the trust of many punters through his daily selections. What sets him apart is his commitment to providing detailed reasoning behind his tips, offering subscribers a deeper understanding of the races. Taylor’s tips are regularly featured on the At The Races website and are well-regarded for their consistency and success.

2) Andy Holding:

Andy Holding is a respected figure in the horse racing community, celebrated for his in-depth knowledge and passionate approach to the sport. Holding’s tips are sought after by both novice and seasoned punters, and he has become a regular contributor on William Hill Radio. His tips cover a wide range of races, including daily selections and insights into major events. Holding’s ability to break down complex racing scenarios into digestible information makes him a valuable resource for those looking to elevate their betting strategies.

3) Pricewise (Tom Segal):

Tom Segal, widely known by his pseudonym “Pricewise,” has become an iconic figure in the world of horse racing tips. Writing for the Racing Post, Pricewise focuses on identifying value bets that may be overlooked by the general public. His selections often present attractive odds, making him a favorite among punters seeking value for their money. Pricewise’s well-reasoned selections and comprehensive analysis have earned him a dedicated following and solidified his reputation as one of the top tipsters in the UK.

4) Racing Post Tipsters:

The Racing Post, a leading authority in horse racing journalism, boasts a team of expert tipsters who provide daily selections and insights. With a diverse range of contributors, the Racing Post offers a comprehensive coverage of UK and international racing. From flat races to jumps, their tipsters provide a variety of perspectives, catering to the preferences and expertise levels of a broad audience. The Racing Post’s commitment to accuracy and transparency makes it a reliable source for punters seeking quality tips.

5) Ben Linfoot:

Ben Linfoot, a respected tipster and journalist, is a key contributor to Sporting Life’s horse racing coverage. Linfoot’s tips are characterized by their thoughtful analysis and focus on value bets. He provides selections for both flat and jumps racing, demonstrating versatility in his predictions. Linfoot’s tips often include insights into the form, jockeys, and trainers, offering punters a well-rounded view of each race. His dedication to thorough research and commitment to value-driven selections make him a prominent figure among UK horse racing tipsters.

Conclusion:

Navigating the dynamic world of horse racing requires a combination of knowledge, intuition, and, for many, the guidance of reliable tipsters. The UK boasts a plethora of tipsters, each with their unique approach and expertise. The individuals mentioned in this article – Hugh Taylor, Andy Holding, Pricewise, Racing Post Tipsters, and Ben Linfoot – stand out for their consistent success, detailed analysis, and commitment to providing valuable insights to punters. As with any form of betting, it’s important for individuals to conduct their research and consider multiple sources before making informed decisions.

Photo: Pixabay (free)