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Thursday, 28 July 2022

The Millionaire Betting System

I'm surprised more people don't ask this question: ''Why do you bet on the horses?''

This can be specific to you, me, or the bustling crowd at the Cheltenham Festival. 

I'm far from a natural gambler. In fact, I don't really like gambling. I don't bet for fun, the buzz, or all those things many gamblers do from day to day. 

Each to their own. 

If it makes you happy, doesn't lead to the wolf knocking on your door, or affects your life, family, or lead you to suicide you are onto a winner. 

That probably sounds a bit flippant - but you know what I mean. You have to be responsible for your actions and if you can't you need to find an answer.

Anyway, you meet all sorts of people under the umbrella of the gambler. To be fair, you see some very sad sights, especially fixed to the betting terminals in the local bookmakers. 

For many gamblers, betting gives a live hope of making a killing. That's winning cash not holding up a bookmaker's shop with a gun. 

The good side of finding a winning betting angle is that you can easily outweigh the cost of living. You simply bet more money and win a grand a day! Well, you can if you know something the majority of the population doesn't. 

Namely, you win money long term. 

The holy grail is finding a system that gives a regular income. If you attach this to a bot that places your bets automatically, you have a passive income. 

You could be sitting on the beach in the Bahamas, living the life most can only dream. 

If you get to that level you are well and truly a winner. Because let's face it, very few people make their gambling pay. They simply don't know enough to separate the wheat from the chaff. 

Is there a system, simple or complex, which guarantees you will make a profit? Better still, is there a system which shows hundreds if not thousands of points profit every season?

I would love to hear your thoughts on this subject. 

I'm saying no names because these things are private but I've heard something incredible.

There could be a Millionaire Betting System out there. What I mean by this, is a system that can take let's say £100 and in a year, two, three or four and turn that small sum of money into one million pounds profit. 

Many of you reading this will be thinking it's pie in the sky. It can't be possible. How can it be possible?

In fact, by the end of this Flat turf season, I will be in a position to detail whether or not this is fact or fiction. 

Unfortunately for me, and you, I don't understand how this system works. But I imagine it won't be sold for any amount of money. (Even two million pounds!)

It's interesting to consider what goes on behind the scene of the betting exchanges. You see a bet and you have no idea who is behind that transaction. It could be a little old lady down the road placing her first bet. It could be a trader looking to make an easy £5 here and there. It could be a professional gambler with his finger on the pulse. It may even be Harry Findlay recouping his losses lumping on the next odds-on shot. The stories behind each and every bet and gambler are unknown. 

But consider for a moment the next bet you place could well be a plus or minus for this new gambler on the block as he puts the Millionaire Betting System through its paces. 

This time next year, he'll be a millionaire.

Monday, 18 July 2022

Are Speculative Bets Good or Bad News?

Who doesn't love a big priced winner? 

I've had a few decent winners in my time. For example, winning £1,800 for a bet of £60. You know what I'm going to say, there have been far too many near misses or horses I didn't bet which turned into longterm regrets. The most disappointing bet of my life is one of these said outsiders. Unbelievably, it was priced over 300/1 on Betfair. You may be thinking I'm talking from the realms of cloud cuckoo land but as God is my judge it's perfectly true. A bet of just £35 to £10,000. With every winning stride of pure joy turned to dismay with the cruellest twist of fate.  

In the final half-furlong, the saddle slipped and the jockey went over the port side. I could have done with a big drink of something stronger after that misdemeanour.  

I am confident the horse would have won. You don't expect the saddle to slip on the Flat turf. But there you go. Gambling is never straight forward and winning and losing just moments in time. 

My brother has won a lot of money from a handful of speculative bets. For example, a bet of £20 to win £4,000. The horse was called Puggy, winning on debut for a relatively unknown horse trainer Roy Arne Kvisla, who had a season or two in the UK, after being a big name in his native Sweden. As it happened Puggy was a very classy filly who went on to compete in the Newmarket 1,000 Guineas. Anyway, that is another story, but a fantastic memory of what can happen when you bet on a horse at huge odds. 

Take a look at the race result here

Tony has had many similar days where he seemingly did the impossible. 

After all this talk, you must be thinking why wouldn't anyone be betting on 100/1 shots left, right and centre.

Here's the problem, not every outsider is value. Just as you need to assess the favourite because it's short odds you need to do the same with the rag to make sure it has something going for it. 

In many respects, betting on huge priced horses can be a frustrating business. However, good you are at finding these potential diamonds in the sand the strike rate is going to be low. It's the nature of the beast. 

Outsiders are a mirror image of favourites. 

Instead of a high win rate, you bet less in an attempt to win more. 

It may well be easier to put £2,000 on an even-money favourite than bet £10 at 200/1. The only answer to that question is your knowledge, insight and understanding.

The problem with betting on outsiders is that you feel you can take a risk because you only need one to pop up once in a blue moon.

That is true to a point. But as with so many things, it's a strength and weakness. Similar to the punter who does an each-way double to make a bet because the prices of each doesn't allow a single each-way wager. 

Are you trying to be too clever or trying to make a cup of tea with your beautifully crafted chocolate teapot? 

When betting outsiders you cannot afford to think just because you have big odds anything goes. 

It doesn't. 

Each and every speculative bet needs to be assessed as if you are looking at a favourite. Can it win? Is it value? Can it really beat the favourite... the list goes on. 

If these bets are pinned simply on the size of the betting odds you will be frustrated by the losses and the realisation (after the event) that very few were good bets. 

At best, speculative bets can be the turning point of a betting year or even a life-changing event. 

The day Eric Winner tipped a 100/1 winner!

When done to their best, they are a wonderful moment. To see that 100/1 shot hit the finishing line first is something very few punters will ever experience. However, betting on a big priced horse takes knowledge which far exceeds the favourite backers. Unless you have the odds in your favour the price means nothing at all. 

Good luck to all. 

Monday, 13 June 2022

How Safe Is Crypto For Online Betting?

Cryptocurrency is a digital or virtual currency that uses cryptography for security. A cryptocurrency is difficult to counterfeit because of this security feature. Many cryptocurrencies are decentralized systems based on blockchain technology, a distributed ledger enforced by a disparate network of computers. A defining feature of a cryptocurrency, and arguably its biggest allure, is its organic nature; it is not issued by any central authority, rendering it theoretically immune to government interference or manipulation.

Cryptocurrencies are typically generated through a process known as mining, in which computers solve complex mathematical equations to unlock new units of the currency. In most cases, each new cryptocurrency unit is produced by solving a unique math problem assigned by the currency’s software protocol. Miners compete to find the solutions to these problems and are rewarded with units of the currency they help produce. 

Crypto Betting 

It is not uncommon for online entertainment platforms to incorporate cryptocurrency as a means of payment. This could be in the form of allowing users to purchase in-game items with crypto, or even betting on games using cryptocurrency. The use of cryptocurrency in online entertainment provides a number of benefits, such as increased security and anonymity for users. In addition, the use of cryptocurrency can also help to reduce fraudulent activity on these platforms. 

There are a number of popular sports that can be bet on using crypto. These include traditional sports such as football, basketball, and baseball, as well as more niche options such as eSports and virtual sports. 

Betting on traditional sports using crypto offers a number of benefits. Firstly, it can be much more secure than using fiat currency. This is because crypto is very difficult to counterfeit, and transactions are often recorded on a blockchain which makes them tamper-proof. In addition, crypto betting can offer increased anonymity compared to fiat betting. This is because crypto wallets do not require personal information to be attached to them, meaning that users’ identities can remain hidden. 

Betting on eSports and virtual sports using crypto can also be advantageous. This is because these markets are often less regulated than traditional sports markets, meaning that there is more potential for profit. In addition, the use of crypto can help to reduce fraudulent activity in these markets. This is because it is very difficult to fake cryptocurrency transactions, meaning that it is much harder for criminals to profit from fraudulent activity. 

Another benefit of crypto betting is the reduced fees associated with this method of payment. When compared to traditional methods of online gambling, crypto betting typically has much lower fees. This is due to the fact that there are no middlemen or third-party processors involved in the process. Finally, crypto betting also offers users the ability to bet on a wide variety of games and events. This is because there are no geographical restrictions placed on cryptocurrency. You can bet on any game or event that you please, regardless of where it is taking place. 

Tips To Find Trusted Crypto Bookmakers 

Look for a bookmaker that is licensed and regulated by a reputable authority 

When looking for a bookmaker to bet with, it is important to find one that is licensed and regulated by a reputable authority. This will help to ensure that your bets are placed with a trusted and reliable entity. 

Check the bookmaker’s website for security features 

When choosing a bookmaker, it is also important to check the security features of their website. This includes things like SSL encryption and two-factor authentication. These features will help to protect your personal and financial information from being compromised. 

Look for a bookmaker that offers customer support 

Another important thing to look for in a bookmaker is customer support. This is important in case you have any questions or problems when placing your bets. A good bookmaker will offer customer support through live chat, email, or phone. 

Make sure the bookmaker accepts cryptocurrency 

When looking for a bookmaker that accepts cryptocurrency, it is important to make sure that they are a reputable and reliable entity. This can be done by checking for reviews and ratings online. In addition, you should also make sure that the bookmaker is licensed and regulated by a reputable authority. 

Check for bonus offers 

Many bookmakers will offer bonuses and promotions to new and existing customers. These offers can be a great way to get started with crypto betting. When looking for a bookmaker, it is important to check for these offers. Bonus offers can typically be found on the bookmaker’s website or in their terms and conditions. 

Read the terms and conditions 

Before signing up with a bookmaker, it is important to read through their terms and conditions. This will help you to understand the rules and regulations that apply to your account. In addition, the terms and conditions will also contain information about bonus offers and promotions. 

Key Takeaways 

Cryptocurrency has revolutionized the way we interact with the online entertainment industry. By providing a secure and anonymous method of payment, cryptocurrency has made it easier than ever for users to enjoy their favorite games and events. In addition, the use of cryptocurrency can also help to reduce fraudulent activity on these platforms. If you’re looking for a safe and trustworthy way to bet on your favorite games, then cryptocurrency is the perfect solution.

Photo: Unplash 

Thursday, 19 May 2022

How Does Crypto Casino Works?

Cryptocurrency is a digital asset designed to work as a medium of exchange that uses cryptography to secure its transactions, to control the creation of additional units, and to verify the transfer of assets. Cryptocurrencies are classified as a subset of digital currencies and are also classified as a subset of alternative currencies and virtual currencies.

Decentralized cryptocurrency is produced by the entire cryptocurrency system collectively, at a rate which is defined when the system is created and which is publicly known. In centralized banking and economic systems such as the Federal Reserve System, corporate boards or governments control the supply of currency by printing units of fiat money or demanding additions to digital banking ledgers. In the case of decentralized cryptocurrency, companies or governments cannot produce new units, and have not so far provided backing for other firms, banks or corporate entities which hold asset value measured in it. 

Crypto Casino 

A crypto casino is a type of online casino that uses cryptocurrency as a means of payment. Cryptocurrency is a digital asset designed to work as a medium of exchange that uses cryptography to secure its transactions, to control the creation of additional units, and to verify the transfer of assets. Cryptocurrencies are classified as a subset of digital currencies and are also classified as a subset of alternative currencies and virtual currencies. 

Crypto casinos use decentralized cryptocurrency, which is produced by the entire cryptocurrency system collectively, at a rate which is defined when the system is created and which is publicly known. This allows crypto casinos to operate without the need for a central authority, such as a bank or government. Crypto casinos are often able to offer more favorable odds and bonuses than traditional online casinos because they have lower overhead costs.

There are many different types of cryptocurrency, but Bitcoin is the most well-known and widely used. Other popular cryptocurrencies include Ethereum, Litecoin, and Bitcoin Cash.

How to Use Cryptocurrency at a Casino 

Cryptocurrency can be used to deposit and withdraw funds from a crypto casino account. Players can also use cryptocurrency to place bets on games such as slots, table games, and sports betting. Some crypto casinos also accept cryptocurrency for hotel bookings, restaurant reservations, and other services. 

Advantages of Using Cryptocurrency at a Casino 

Cryptocurrency offers many advantages over traditional fiat currency when it comes to online gambling. Crypto casinos are often able to offer more favorable odds and bonuses than traditional online casinos because they have lower overhead costs. Cryptocurrency is also faster and more convenient to use than fiat currency. Transactions are processed quickly and lower transaction fees. In addition, cryptocurrency is a more secure form of payment than fiat currency because it is decentralized and not subject to government regulation or control. 

Casino Games to Play 

There are many different types of casino games that can be played with cryptocurrency. These include slots, table games, video poker, and sports betting. Crypto casinos often offer a wide variety of games to appeal to a wide range of players. 

Slot Games 

Slot games are the most popular type of casino game. They are easy to play and do not require any special skills or knowledge. Players can simply spin the reels and hope to match symbols in order to win. Crypto casinos offer a wide variety of slot games, including classic slots, video slots, and progressive jackpot slots. 

Table Games 

Table games are another popular type of casino game. They require more skill and strategy than slot games but can be just as exciting. Popular table games include blackjack, roulette, baccarat, and craps. Crypto casinos often offer a wide variety of table games to appeal to a wide range of players. 

Video Poker 

Video poker is a type of casino game that combines the elements of poker and slot machines. Players attempt to create the best poker hand possible in order to win. Crypto casinos often offer a wide variety of video poker games to appeal to a wide range of players. 

Tips To Find Trusted Crypto Casino 

It is important to find a trustworthy and reputable crypto casino before you start to play. Here are some tips to help you find a safe and reliable casino: 

1. Do your research 

Before choosing a crypto casino, be sure to do your homework and research the various options available. Read reviews and compare the features of different casinos to find the one that best suits your needs. 

2. Check the licensing and regulation 

Make sure the casino is licensed and regulated by a reputable authority. This ensures that the casino is legitimate and has been vetted by independent experts. 

3. Look for security features 

Cryptocurrency transactions are secure, but it is still important to look for casinos that have robust security features in place. Make sure the casino uses SSL encryption technology to protect your data, and look for signs of fraud prevention such as two-factor authentication. 

4. Use a reputable payment processor 

When making deposits or withdrawals, be sure to use a reputable payment processor such as BitPay or Coinbase. These processors are trusted and reliable and will help ensure that your transactions are secure. 

5. Check the payout rate 

One of the most important factors to consider when choosing a crypto casino is the payout rate. This is the percentage of bets that the casino pays out in winnings. A higher payout rate indicates a higher chance of winning. Be sure to check the payout rates of different casinos before making your decision. 

6. Read the terms and conditions 

Be sure to read the terms and conditions of any crypto casino before you create an account or make a deposit. This will help you understand the rules and regulations regarding gameplay, bonuses, and withdrawals. 

7. Contact customer support 

If you have any questions or concerns, be sure to contact customer support. A good casino will have friendly and helpful customer service representatives who are available 24/7 to assist you. 

Final Say 

Crypto casinos offer many advantages over traditional online casinos. They are often more secure and reliable, offer faster payouts, and provide a wider variety of games. When choosing a crypto casino, be sure to do your research and select one that is reputable and trustworthy.

Photo: Unplash 

Wednesday, 27 April 2022

Terry Ramsden - The True Story of a Man Who Broke his Bond

In his heyday, in the Eighties, Terry Ramsden was the quintessential self-made Essex man of the Thatcherite era. A diminutive 5'4" tall and sporting the mullet hairstyle that was ubiquitous at the time, Ramsden once declared, in distinctive cockney tone: 'I'm a stockbroker from Enfield. I've got long hair and I like a bet.' 

Born in Enfield, North London on January 19, 1952, Terry Ramsden proved financially astute, at least in his early years. By trading bonds on the Japanese stock market and gambling on horse racing, by 1984, he had raised sufficient capital to purchase the Edinburgh-based Glen International Financial Services Company. By 1987, he had increased the turnover of the company to £3.5 billion and his own net worth to £150 million. 

By that stage, his royal blue and white hooped colours had become a familiar sight on British racecourses – at one point, he had 76 horses in training – and he had won, and lost, some eye-watering sums of money. 

In May, 1984, for example, just days before the Irish 1,000 Guineas, Ramsden bought the filly Katies, unseen, for £500,000, but reputedly profited to the tune of £2.5 million when she won the Irish 1000 Guineas at odds of 20/1. 

In 1986, on the Wednesday of the Cheltenham Festival he reputedly won in the region of £1 million when Motivator landed what is now the Pertemps Final and would have won a further £6 million if another of his horses, Brunico – an "immensely strong finisher" according to commentator Sir Peter O'Sullevan – had managed to overhaul Solar Cloud in the Triumph Hurdle the following day. 

Ramsden had apparently been backing Brunico in doubles with Cheltenham Gold Cup winner Dawn Run for some time beforehand. 

Shortly afterwards, Ramsden acquired Mr. Snugfit, who had finished second in the 1985 Grand National, and bet £50,000 each-way at 8/1 on his purchase for the 1986 renewal. Almost single-handedly, he ensured Mr. Snugfit was sent off 13/2 clear favourite for the National; the nine-year-old could manage no better than a distant fourth place, but Ramsden still collected £150,000 on the place portion of his bet. 

Many years later, Ramsden claimed: 'The truth is I had half a million quid each way, quote, unquote. Anything else you hear is bullshit.' 

Further high-profile successes followed, including Not So Silly in the Ayr Gold Cup in 1987, but his 'biggest single losing bet' – £1 million on another of his horses, Below Zero – and the sudden expected stock market crash, a.k.a. 'Black Monday', in October that year, effectively sounded the death knell for the Ramsden fortunes. Glen International collapsed and, in 1988, indebted to Ladbrokes to the tune of £2 million, Ramsden was 'warned off' by the Jockey Club for non-payment of the debt, thereby ending his interest in racehorse ownership. 

Three years later, in 1991, Ramsden was arrested in Los Angeles at the behest of the Serious Fraud Office and imprisoned for six months, pending extradition back to Britain. On his return to home soil in 1992, he was declared bankrupt with debts of £100 million. The following year he escaped with a two-year suspended sentence after pleading guilty to recklessly inducing fresh investment in Glen International but, in 1997, was prosecuted again, at the Old Bailey, for failing to disclose assets worth £300,000; he was sentenced to 21 months' imprisonment, of which he served ten. 

Following his release from prison in 1999, Ramsden went back to working in the financial industry, but could not return to racehorse ownership until 2003, when cleared to do so by the Jockey Club. His first winner as an owner since the halcyon days of the Eighties was the two-year-old Jake The Snake, bought for a modest 17,000 guineas, who landed a gamble when winning a maiden stakes race at Lingfield in November, 2003.

Tuesday, 12 April 2022

What Happened to the Traditional Bookmakers?

Can you remember Honest Joe your local bookmaker?

You may have to ask your uncle, dad or grandfather. I remember my dad use to like a bet and there was an independent bookmaker at the top of the road next to the corner shop. It was a tiny place, a prefabricated building, most likely a remnant of the Second World War. It was run by one of the Scotney's. I will have to ask my cousin whether it was Fred or Michael, although I know it wasn't Joe (and I'm not sure if he was honest or not). 

I wasn't old enough to place a bet, and by the time I was, it had gone. Fell by the way like many independents. 

As I have said before, we live in a competitive world. And the idea of thinking every bookmaker is guaranteed a life of luxury off the back of numpty gamblers isn't quite as common as the public may believe. 

The mentality of the general public that the bookmaker always wins isn't true. Although most bookmakers shrivel up and die because of competition from other bookmakers rather than a comical scene from the film Carry On at Your Convenience where Sid Plummer's pet budgie gave him a string of winning tips and luckless turf accountant Benny The Bookie swiftly closed his account. 

Sid Plummer [played by Sid James, who was a problem gambler in real life] said to Benny The Bookie: ''What kind of sportsman are you?'' 

He replied: ''If I was a sportsman I'd be riding the horse!''

Perhaps my view of the good, old, honestly bookmaker is just built on nostalgia. Isn't it always the case those bygone days were much better (even in times of war). I'm sure such a nostalgic view is sickly sweet in response to the bitter pill of the modern reality. I'm talking about bookmakers but it could be anything. Talk to a football supporter about the olds days they remember with pride. Passion, truth & loyalty have been superseded by money and profit and loss. 

I know that was probably the score back in the day but the funneling of where all the money goes is a different story. We have only to see the proportion of sponsorship/advertising which goes to the Premier League compared to the lower divisions to see the truth. It is the same with the Premier League for PDC Darts. But that's another story...

Perhaps I have got it wrong but my thought of the old-time bookmakers contrasts greatly with today. 

Today's bookmakers remind me of a wolf in sheep's clothing. Or perhaps that should be that mass of gooey jelly The Blob, the villain in the 1958 independent science fiction-horror film.

The Blob was a growing, corrosive alien amoeboidal entity that crashes to Earth from outer space inside a meteorite. It devours and dissolves citizens in a small community, growing larger, redder and more aggressive each time it does so, eventually becoming larger than a building. 

I think The Blod was, in fact, Bet365. You may think it is Ladbrokes, Coral or umpteen other bookmakers who have a corrosive approach to punters - winners and losers. 

Bookmakers have changed to be monster, tarted up with make-up and expensive spin doctors and fancy ad campaigns to portray the image of Mother Mary who is giving in all ways until you are met by the truth which lurks behind a curtain something akin the Wizard of Oz who spoke through a voice machine, with smoke and flashes of light to make him seem important compared to a small man with a big mustache and a love of emeralds. 

I have a growing hatred of bookmakers. Their cynical ads that pollute every sporting event, contaminating the minds of naive gamblers who ''really need that free bet'', or the spin that ''somehow'' having a bet on a game makes it more fun, interesting... I mean, why don't you buy a pair of Harry Potter glasses to look more intelligent, too. 

The sad fact of the modern bookie is that they are like a filter system to weed out the winners, close their accounts, or stitch them up by saying they are betting for someone else or money laundering to, basically, make up a reason not to play fair and actually payout a winner. Instead, they nurture losers, in a manner that's akin to a drug dealer giving away free drugs to get someone hooked and then taking all their money thereafter because they have morphed into a zombie-like being who doesn't have very deep pockets but a suitcase full of problems. 

Let's nurture the losers, steal all their money, we know its immoral, but we can make it ok because we have a disclaimer which says ''when the fun stops - stop!'' and we will be the good samaritan by telling them to go home when they have run out of cash. 

Thank you (fill in space with your corrosive bookmaker name). 

Like smoking advertising and promotion used to be plastered over every snooker match back in the day. Bookmakers need to tread carefully and start acting in a manner which befits a true gambling experience with a touch of heart and soul. What will be the benefit if their greed destroys their own business? 

Gambling, in my opinion, isn't about having fun and I would advise anyone not to bet unless they view it as a business. 

That may seem a bit strong but the truth is that most punters are taking a journey which isn't a pleasant saunter through an idyllic forest filled with magic and wishing wells. 

In truth, they will be met by The Blob. It doesn't care about you, your life, your family, hopes, dreams... 

It is a corrosive ball of goo that will keep you alive but suck every last penny out of your pockets, bank account and challenge every aspect of your life including loved ones who will, in truth, never have an answer to your problem.

God bless.

Photo: Pixabay free for commercial use and no attribution 

Saturday, 2 April 2022

The Professional Gambler: Fame, Fortune and Failure

An interesting piece of research by David M. Hayano. (July 1984)

Hayano investigates the pursuit of the professional gambler with his insightful research. He is currently a professor of anthropology at California State University, Northridge.   

 Abstract: 

He investigated the history of gambling from amateurs to professional gamblers. Hayano describes how since the 1930s the social organisation of gambling has changed due to legalisation of casinos and cardrooms. This led to a completely new breed of professional gamblers. He describes four distinct subtypes: the worker-professional, the outside-supported professional, the subsistence professional and the career professional. The majority of professional gamblers eventually succumb to the pressures of gambling and encounter some degree of devastating social and financial failure. A small minority find relatively lasting fame and fortune. In this modern era, gambling is seen as a kind of leisure activity, aided by casino and betting promotions, often followed by by national media and publications. These conditions have helped professional gamblers pursue their specialised art with much more publicity, safety and potentially greater reward than ever before.

Professional gamblers have been hailed as free and independent spirits and also vilified as worthless scoundrels. Scholars have neglected the objective study of professional gamblers. 

However, Hayano's research offers an inside view of the professional gambler's life and play. This research used source material as well as over 10 years of research including participation and observation (mainly poker players in California and Nevada).

The concept of a ''professional gambler'' is vague, often abused by self-glorification and self-deception. The term full-time professional gambler should be used guardedly. It carries connotations of specialised training and education, membership in a guild or association, written rules of conduct, and additional formal traits. 

One of the earliest attempts to describe the professional gambler comes from Albert H. Morehead (1950). The May issue of The Annals, a publication devoted to gambling in which he discussed four subtypes of the professional gambler: the banker, the cheater, the compulsive gambler and the percentage gambler. 

Hayano detailed that Morehead's typology was much too broad with subtypes overlapping or not relevant at all. For example. the banker may be the owner of the casino or cardroom and, as such, a businessperson. Also, the cheater shouldn't be considered a gambler, much less a professional gambler. The compulsive gambler, a perpetual loser, should be placed in an entirely different category.   

Morehead's description of the percentage gambler as a skillful player with a feel for probabilities and odds seems to apply to some contemporary professional gamblers of an older generation. But this characterisation is misguided for many young professional gamblers of blackjack and poker have not acquired their skill through what Morehead termed their ''innate aptitude'' but memorizing and calculating specific mathematical formulae in their head (card counting).     

The professional gambler typologies vary with others such as the social, economic& compulsive gambler. It is established the professional gambler is skilled in one or more gambling games, reliant on skill, knowledge, and experience to win consistently. 

The basic definition of a professional gambler is someone who derives all or a significant part of their income from gambling activities. 

Hayano found four subtypes:

The Worker Professional:

This includes men and women who work on the side, but spend a large proportion of their time gambling. They are not gambling as a full-time career and seen more as a serious hobby than an occupation.  

The Outside-supported professional: 

This gambler has a steady income from savings, investment, and retirement fund or other sources. This includes retirees, housewives, and students who are trying to eke out a small profit from week to week. For example, their commitment to playing poker as a total way of life is minimal. 

The Subsistence professional:

This gambler is a consistent winner (but small wins). Their goal is to win enough to pay the bills and yet have a bankroll to play the next day. There is little commitment to betting with higher stakes and from a poker perspective playing tougher competition.    

The career professional:

Has made a social and psychological commitment to gambling as an occupation (even if totally broke). Most will not seek work but borrow money in order to return to gambling. Many bet high stakes and enjoy the lavish attention that accompanies high rollers.

It's interesting the desire for upward mobility of this subtype is moderate to high (compared to the other groups which are moderate or non or little).

It is worth noting that the subtype of any gambler is rarely permanent. This may vary from game to game or year to year. This change may be behaviourally, psychologically, and financially (which make studying/research difficult). In fact, all subtypes can merge with the ebb and flow of success or failure to win. Thus professional gamblers and non-professionals weather many changes of mood and fortune. The image of the totally controlled, unemotional, economically motivated professional gambler who wins year after year is a serious distortion of the facts. 

Games And Background of the Professional Gambler:

The aim of the professional gambler is to win enough money to sustain himself or herself (possibly others). This relies on their chosen game/sport. They do not make a living from pure chance as their talent is skill-based. Games such as roulette, craps, lotteries, dice, dominos, slot machines are fixed odds so long term the gambler will lose (or virtually impossible to win). 

With regard to poker, it is based on skill and chance. This includes blackjack (with regard to card-counting). Other games may include strategic board games (chess, backgammon, etc), football, horse racing using skill to analyse past information to predict the future. However good the professional gambler, it is only a possibility they could win it isn't likely or easy. 

Unsurprisingly, people who said they would like to be professional gamblers like to take chances in general. Twice as many men as women chose this profession, a so-called masculine activity. In addition, there is a marked difference in games of chose with regard to sex.

Hayano's study of professional poker players revealed that many more men than females gamble as full-time work. The average poker player is male, white, aged 25 - 60, with some high-school education. Interestingly, it encompasses virtually every regional, religion, age, ethnic, and educational group.  Most poker players live in urban settings where casinos, card rooms, and associated gambling locations are found. The old days of professional gamblers travelling to find private games have turned into a sedentary lifestyle (especially these days of online gaming). This is beneficial to winning gamblers, as they are less likely to be robbed or highjacked.

The pursuit to be a professional gambler usually starts in adolescence, having some success gambling. The success may be so overwhelming that the individual never seeks non-gambling work (or something you do to get by if the gambling turns sour). Gambling can be seductive when viewed with job dissatisfaction, quick money, and ease in gambling opportunities. As Hayano says: ''Work and play, fun and games, merge''. These distinctions no longer exist. 

Professional gamblers tend to specialists rather than generalists. Some are only skilled in one game of poker or favour this compared with others. Or than horse racing gambler who specialises within a given age group of horse or race type. However, others may be more versatile perhaps playing poker and blackjack, while they gamble at golf while waiting for the football results.

Professional gamblers vary in how they bet. Some will bet their entire bankroll on a single game while others never risk more than a fraction of their wealth. In this sense, they can be fearless while others are very selective.  

Fame:

In the old days, a professional gambler's reputation was based on word of mouth. This modern era sees winners reach newspapers, television and news outlets. Publications such as The Gambling Times have helped with promotion and the legitimisation of gambling. 

In fact, an industry has been built to help would-be gamblers learn such skills. These aspects have helped fuel fame and fortune of those at the top of their game. 

Las Vegas hotels and casinos often sponsor gambling tournaments, which has helped with promotion and social acceptance. These include the World Series of Poker (Binion's Horseshoe Hotel, downtown Las Vegas), which offer dozens of competitions which contestants can choose. By far the largest group of professional gamblers come from poker players and draws large congregations. Young and old players compete to win perhaps 50 times their bankroll. 

The major professional poker gamblers rely on these games to accommodate such rich play which is unlikely outside major tournaments.

Many poker players refer to themselves as superstars or world-class players. This positive change in self-identity is a far cry from the days or ill repute and social negatives.

However, while many poker players enjoy fame others shun the limelight. This is certainly true of blackjack players whose major advantage is card counting. These players may be individuals or part of a collusive team.  Perhaps the most notorious of these was organised by Ken Uston, a former vice-president of the Pacific Stock Market, who in the 1970s turned to blackjack as a business and with a team won $1 Million from casinos around the world. Take a look at this publication The Big Player (1977).    

Fortune:

Here's a question, how much money does a professional gambler make a year? It's a difficult question to quantify. Gambling winnings and losing aren't regularly or evenly.  Many high-profile poker and blackjack players have won and lost millions in a year. For many professional gamblers, the only relevant figure is their bankroll at any given moment (how much is owed or loaned). 

Failure:

Permanent or cyclical loss is an occupational hazard for professional gamblers. Career gamblers must be able to cope with severe losses of both money and self-confidence after a fall. A major loss may see the need for a new bankroll this usually comes from close friends and peers. This is possible until the gambler has a reputation as a poor or erratic player or unlikely to be able to pay off debts. These transactions are often free of interest, often over the table, while the game is in play. 

This interaction raises the interesting question of how friends play against each other. This is borne out by the fact that high-stake game rarely sees a stranger come to the table. In fact, strangers are often treated with suspicion and judged by the way they handle their cards, chips and play specific hands. This is a vital skill of the professional gambler and one they are usually astute. They may be a good player, poor and even a potential cheat. 

Professional poker players would state they play hard against even opponents they have lent money. However, professional gamblers play in many different ways. 

Repeat losers face tough decisions regarding debts and failure. It may be time to stop gambling, play with smaller stakes, in different clubs, even another city or non-gambling employment. Often career professional gamblers can find the money to continue as they are more accustomed to highs and lows. In their eyes failure is temporary. They must find strength in the belief that their skill, perseverance, and new stake they will win. 

It is often the case, for years the same players will be seen sitting at the same gambling tables. Lending and borrowing may see friendships change. Gambling is the classic zero-sum game: winners win because others lose. Consistent winners move upwards to the tip of the competitive pyramid. This money comes from the middle and lower level players, from amateurs, hopeless losers, and former winners. 

Professional gamblers thrive on failure. 

It should be remembered in this new era of gambling has changed radically. Gambling has become more popular and more available. Professional gamblers are vastly more skillful, strategically sophisticated and sedentary than their historic counterparts. With greater wealth and leisure time, many individuals pursue gambling as a serious hobby on a daily basis. These two subtypes of worker-professional and outside-supported professional are appearing in greater numbers. This has made gambling more difficult for the full-time subsistent and career professional gamblers. 

Thursday, 17 March 2022

7 Brocklesby Conditions Stakes Winners You Will Never Forget

The Brocklesby Stakes heralds the start of the Flat turf season.

Are you ready for the Brocklesby Stakes 2022?

Last year saw an impressive win from Chipotle, trained by Eve Johnson-Houghton, racing in the familiar silks of The Woodway 20 Syndicate. This son of Havana Gold put the Brocklesby Stakes back on the map with an outstanding season, with total earnings of £139,714. Four wins from nine starts at two, achieving an official rating of 101. Standout performances include: 2021 Brocklesby Stakes, Windsor Castle Stakes (Listed race) & Two-Year-Old Trophy at Redcar (Listed race). This bay gelding even dipped his hoof into Group 1 class when contesting the Nunthorpe Stakes. 

An truly exceptional horse who should progress as a three-year-old.    

Not bad for a foal that cost just 4,500 guineas and sold at the Tattersalls Horses-in-Training Sale 2021 (October, 2yo) for 210,000g to Nadj Stud & Ross Doyle Bloodstock.  

The 2021 Brocklesby Stakes saw other winners including: Wonderful World, Makalu, Vintage Clarets, Blackhill Storm & Dashing Rat went close with two runner-up positions.  

Take a look at these past winners. 

This race has a long history dating back to 1849 as an all-age 12-furlong race at Carholme racecourse, Lincolnshire, which closed in 1964. 

The Brocklesby Stakes has been dedicated to two-year-old racing over five furlongs since 1875.

It moved to Doncaster in 1965. 

Historically, the best horse to win the Brocklesby Stakes was Donovan (1888) who went on to win the Derby and St Leger (1889). 

One horse that readers may remember fondly is Provideo, trained by Bill O'Gorman, who was a class handler of speedy thoroughbreds. A brown son of Godswalk, he won the Brocklesby Stakes by four lengths in 1984. This exceptionally durable colt set a 20th-century record for a British-trained two-year-old winning 16 of his 24 races. O'Gorman placed this horse to perfection considering Timeform rated him 20lbs below the best juveniles racing that year. However, Provideo still secured victories in two Listed races. In addition, he was crowned British Horse of the Year (1984) & Timeform Horse of the Year (1984). 



Exceptional.   

For many punters, the idea of betting on a debutante in a field of horses making their racecourse bow is a minefield. To be fair, I'm not keen wagering two-year-olds on their first day at school. It can be a tricky time. The combination of inexperienced horses, a draw bias in a large field and possibly testing ground doesn't add to confidence. However, only a handful of winners have been double-figure odds.

The Brocklesby Stakes is a significant race. If you need proof, there have been a number of talented juveniles winning this contest for horse trainers large and small.

Would I bet on a horse in this race?

Probably not. 

Denham Green won the Brocklesby Stakes back in 1988. Price at odds of 25/1, Steve Muldoon's two-year-old beat eleven rivals by two lengths. He is the joint longest odds winner in modern-day history. The other horse being the 2003 winner Red Power, trained by Paul Blockley. 

A number of very classy horses have started their career over this flying five furlongs at Doncaster.

Let's take a look at 7 Brocklesby Stakes Winners You Will Never Forget: 

1994 - Mind Games, trained by Jack Berry, who won by a neck at odds of 4/1. A talented colt who won at Group 2, but never could get his head in front for a Group 1 victory which he attempted 8 times. He finished a 20-race career by going to stud and although not the most successful stallion (fee £1,500 2010) he did sire Tangerine Trees. Mind Games was a horse very much associated with the man who wore the red shirt and a gifted sprinter.

Cost: 18,000 Gns (yearling) Prize Winnings: £200,772

Interesting Brocklesby Stakes Fact: Mind Games was odds-on (10/11) to win the Nunthorpe Stakes in 1995 when finishing behind So Factual in 6th place. 

2002 - The Lord, trained by Bill Turner, who is a name synonymous with the Brocklesby Stakes. Sadly, in recent years, Turner has struggled to capture former glories that have seen him win this race six times. The Lord was a talented colt and worthy of note for a number of reasons. Firstly, he won the Brocklesby Stakes by an impressive five lengths in a seventeen-strong field at odds of 13/2. Racing in the familiar silks of Mrs. M S Teversham, this son of Averti went on to win the Lily Agnes Stakes at Chester. He disappointed in the Norfolk Stakes (Group 3) at Royal Ascot. 

The Lord won at Listed class and achieved an official rating of 102. A durable horse, he raced 68 times winning just 8 races. 

Cost: Homebred. Prize Winnings: £108,777

Interesting Brocklesby Stakes Fact: The joint easiest winner of the Brocklesby Stakes since 1988. In fact, the only other horse to win by five lengths was Bill Tuner's Mick's Yer Man (2013). 

2009 - Hearts Of Fire, trained by Pat Eddery. This son of Firesbreak was a classy horse who must have been the apple of his trainer's eye. He won the Brocklesby in decisive fashion winning by two-and-a-quarter lengths at odds of 12/1, ridden by his brother, Paul Eddery. Hearts Of Fire ran creditably in the Brian Yeardley Continental Stakes when runner up at Beverley after a disappointing second start. 

This colt looked pretty smart but there was a key factor to his future successes - he loved very testing ground. Racing at Listed class, he thrashed the opposition winning by over five lengths at Deauville, France. Next, a trip to Baden Baden, Germany, saw him trounce six opponents at Group 3. 

Hearts Of Fire would next set hoof on the sodden ground at San Siro, Italy. Stepping up to 1m for the Gran Criterium (Group 1) he ran on well to win catching Godolphin's Vale Of York, the pair some five lengths clear of the third. 

Thereafter, this exceptional colt would run at the highest grade and every inch a globe trotter concluding his career at Meydan. 

In a 16-race career, he achieved an official rating of 118. 

Cost: £13,000 (yearling). Prize Winnings: £326,543

Interesting Brocklesby Stakes Fact: Cost just 6.000 Gns as a foal.

2013 - Mick's Yer Man, trained by Bill Turner.  This son of Bahamian Bounty has a story which is something of a novelty. As stated, since 1988, Mick's Yer Man ran out the easiest winner of the Brocklesby Stakes by five lengths (shared with The Lord). This 5/1 winner was ridden by 7lb apprentice Ryan While [grandson of Bill Turner]. This March foal won in comprehensive fashion on his next start at Musselburgh. 

Then the wheels fell off when returning after a long layoff which suggested Mick's Yer Man suffered an injury. 

He wasn't seen to any effect until his four-year-old career when winning at Leicester. Later, a Listed win at Ascot. He was raced once more at three and not seen again for almost three years. In that time, Mick's Yer Man was gelded and sold privately by Turner and trained by T P Yung to race in Hong Kong. There were rich pickings to be had and this gelding proved to be an inspired purchase. He won three times in Hong Kong and pocketed substantial prize money.

Cost: 10,000 Gns as a foal. Prize Winnings £328,456.

Interesting Brocklesby Stakes Fact: Mick's Yer Man had a change of name to Always Win when racing in Hong Kong. 

2016 - The Last Lion, trained by Mark Johnston. This son of Choisir certainly made an impact in his formative season - racing 10 times and then retired to stud. This bay colt made a sparkling start to his career when winning the 2016 Brocklesby Stakes by one-and-three-quarter lengths: ''Pushed clear and eased towards the finish''. 

On his fourth start, he headed to Royal Ascot to compete in the Norfolk Stakes (Group 2). The 20/1 starting price didn't hold him back running a storming second place, headed in the final 150 yards to be beaten by half a length in a blanket finish. 

Next race, Sandown's Dragon Stakes Listed race went to The Last Lion who powered clear of the field over five furlongs on soft going at odds of 10/11f.  

This February foal would make his last five races at pattern class and ran the highest standard every step of the way. 

Finished 2nd in the Victoria Racing Club Molecomb Stakes (Group 3).

Finished 3rd in the Irish Thoroughbred Marketing Gimcrack Stakes (Group 2).

Effortless winner of the Totequadpot Sirenia Stakes (Group 3).

A narrow loser when third in the Pepsi Max Flying Childers Stakes (Group 2).

The Last Lions' final race of the two-year-old season and his career saw him face nine rivals in the Juddmonte Middle Park Stakes (Group 1) at Newmarket over 6f on good-to-firm going. In a truly spectacular conclusion, the 25/1 shot made all under an expert ride from Joe Fanning, battling on gamely, always holding rivals to win by three-quarters of a length holding Charlie Appleby's Blue Point which started at fractional odds-on (10/11). 

QUOTES: After the Brocklesby Franny (Norton) said THE LAST LION would be far better on faster ground. But if you look at his form behind Yalta at Goodwood (when second in the Molecomb Stakes on good), everybody thought his only chance would be when there is cut in the ground. Here he is, on fast ground, running the race of a lifetime on his tenth start of the year! It is another advert for going on and running them - Mark Johnston, trainer.

Cost: 82,000 Euros (yearling). Prize Winnings: £225,663.

Interesting Brocklesby Stakes Fact: The only winner since 1988 to start at odds-on [4/5f].



2017 - Santry, trained by Declan Carroll. Sometimes the best horses have the least luck and that was the case for this bay colt a son of Harbour Watch. This February foal was fancied to go well when making his debut in the Brocklesby Stakes at Town Moor.

Backed to 4/1, he led one furlong out, idled in the last 75y but held on by a head from David Evans' Last Page. 

There was a lot to like about Santry's second start when winning in style at Ascot under a penalty keeping on strongly when seriously backed from 4/1 - 9/4.

Next stop - Royal Ascot 2017. Declan Carroll's charge was made a 13/2 shot to win the Norfolk Stakes (Group 2). Santry was only denied by half a length from Aidan O'Brien's Sioux Nation who raced on the far side of the course. In fact, Santry had trouble in running and kept on well but couldn't peg back the Irish raider. 

Sadly, this young colt's career was cut short when he broke a leg on the gallops. Carroll said: ''I can't believe we've lost him.'' 

Cost: 24,000 Euros. Prize Winnings: £40,419. 

Interesting Brocklesby Stakes Fact: Probably one of the most talented winners. 

2019 - Show Me Show Me, trained by Richard Fahey. The Ontoawinner syndicate is no stranger to talented juveniles and this son of Showcasing was fancied to go well on debut in the Brocklesby Stakes and obliged with a purposeful victory winning by three-quarters of a length. 

This horse ran seven times at two including a placed effort at Goodwood when third in the Markel Insurance Molecomb Stakes (Group 3) when losing a left front shoe.  

Interesting Brocklesby Stakes Fact: The First winner for Ontoawinner syndicate but there will be more.  

Cost: £24,000 (yearling). Prize Winnings: £72,655. 
  
The Brocklesby Conditions Stakes: Future Winners.

In many ways, the Brocklesby Stakes is far from a significant race but special because it is a celebration of the start of the two-year-old Flat turf season. It is the race trainers have hopes and dreams of winning in cold, winter months.

There have been a number of exceptional horses that have won the Brocklesby before going on the win at the highest level and conclude their success standing at stud. These seven horses have all started their career by tasting victory on debut. Very few horses achieve such a milestone. For some, it will be their first and last victory while other winners such as the 1996 Brocklesby Stakes winner Indian Spark (trainer by Bill Turner) ran an incredible 143 times. 



The Brocklesby Stakes Q & A



Which is the best Brocklesby Stakes winner? 

There is little doubt the seven horses mentioned are some if not the best. Personally, Mind Games, The Last Lion & Hearts Of Fire are exceptional talents. 

What is the biggest priced winner of the Brocklesby Stakes?

In modern history (since 1988) Denham Green (1988) and Red Power (2003), both won at the starting price of 25/1. 


Which horse won at the shortest odds?

That goes to The Last Lion (pictured), trained by Mark Johnston, who won at odds of 4/5f in 2016. He was the first horse to win the Brocklesby Stakes at odds-on. 

Which horse ran the fastest time?

Hearts Of Fire won the 2009 Brocklesby Stakes in a time of 0:59.71 on good to firm going. In fact, he was the only horse to run under one minute since 1988 (this was due to fast ground conditions and a true talent). 

In modern history, which horse trainer has won the Brocklesby Stakes the most times?

Unsurprisingly, that mantle goes to Bill Turner who has won the race 6 times since 1996 when Indian Spark won by four lengths at odds of 100/30. Turner's other winners include The Lord (2002), Spoof Master (2006), Sally's Dilemma (2008), He's So Cool (2011) & Mick's Yer Man (2013). 

For me, the Brocklesby will always be a race to cherish and winners to hold dear.

Related story: Is Bill Turner the Brocklesby Stakes King?