WORDS OF "CHICAGO O'BRIEN"
was a very famous USA punter who switched mid career from win betting
to place betting. He coined the phrase "pick 'em to win; play
'em to place".
Bear in mind that
in the States "place" means first or second so the dividends
and percentages are different but his message and words are quite
If you have a
moment or two, read HIS words
there's no such thing as a certainty, though I try to bet on horses
I feel deserve that tag. But I am only too aware that a horse can
be tried as a good thing but things happen during a race that can
knock big holes in the pre race theories."
a check, a blocked run or being forced wide on the turn can all mean
the difference between victory and defeat."
"I have seen
all these things happen to standout propositions which, as a result,
have lost by inches instead of winning by many lengths."
"in my early
days of racing, one thing struck me and when it did I struck oil.
These in-the-race incidents would cause the certainty to lose but
not miss the place."
investigating the performance of horses which those on the inside
had declared as unbeatable."
this amazing fact: my list showed 127 such horses, of which, 52 won
but the prices were mostly short and a flat stake win bet showed a
loss of 16 units."
"Then I considered
the place angle. Of the same 127 horses, there were the 52 winners
plus another 63 which finished 2nd..........a player backing each
horse for a place would have reaped a profit of 36.5 units"
gave me something to think about. For years I had been putting down
my money on the nose and I could think of hundreds of times in which
I had won or lost in close finishes. It made me realise my blood pressure
would have been much better had my bets always been for the place
and my bank balance would have looked far rosier."
"So I learned
a valuable lesson, one that stood the test of time for the rest of
my betting life. If you are in the racing business, be business-like."
better business to pick up small profits on gilt-edged securities
than try to gamble in the hope of big returns."
proved to me just what a sucker I'd been in the past. I resolved then
to never again bet on a horse's nose, not even if it was champion
staker against a no-hoper at level stakes"
on, until I said goodbye to gambling, I bet only one way. I waited
for the good things, the horses my judgement told me were certain
to win, and then I played them for the place."
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