Yes I do take a chance with a few that I just can't see getting beat and yes 1 or 2 of those may go pear shape. However, I'm happy to take that stance rather than backing horses against them that I don't think have a chance of winning. By sticking to that it frees up more cash for me to place on other races and during the week itself. I don't back Ew so that makes a big difference from the way I work to the way others operate. It really works for me and I'm very confident of once again making a tidy profit. I'm not saying it's for every one but I don't give a toss to put it bluntly and I'm not trying to be rude there !
Everyone's got their own way of doing things - there's no absolute right and wrong way in this game. It's what works for you.
I operate in a broadly similar way to Lobos for what it's worth - although I do back each way.
I have no intention of backing against Galvin (NHC), Sir Gerhard ****(Bumper), Quilixios (Tri), Gauloise (MNH) , Bob Olinger (Ball) and Benie (Mares Chase) because I'm happy to stick with them against the field.
If any of them fall by the wayside in terms of poor form/injury then it's tough on me. I'll either give that race a miss or go in again if I can see some value elsewhere.
I'm leaving the Marsh alone because I don't want to bet against Envoi Allen and haven't backed him in any singles because I didn't like the price.
The same applies to the RSA. I didn't back Monkfish early because the price didn't appeal (got that one wrong!!) but I don't want to take him on.
Also skipped the X Country because I didn't like the early price on Easysland but accept he's the likely winner.
I take little pleasure in having a large sum (for me) on a short-priced horse. The stress takes away most of the fun and it's not for me. And backing multiple contenders in the same race must take some juggling even with cash out.It also ties up a lot of cash. And for me , I can't see it being as much fun because of the added responsibility to keep on top of things. I'm equally sure many of you cope with it just fine and thrive on it. Fair play.
But as Lobos says, at least this method means you free up cash to back others close to the off.
I'm not saying this is a great system or anything of the sort but it's just what I do.
I look with envy at the diaries on the forum and admire the books that many of you guys have built up. You seem to have everything covered!!! and are almost in the position of not being able to lose whatever happens. Wow, that is a fantastic position to be in and hats off to all who have achieved this. You have my genuine admiration.
But for an old divot like me, that is a step too far (I think). For now at least. This has been an experimental year for me (since joining the forum almost a year ago). I got involved in placing bets way earlier than ever before and probably doubling my overheads in the process. I'll see how things pan out in March before deciding whether to get so involved in future.
Unlike Lobos, I'm not declaring the shop closed for business for now.
Like many,I'm starting to focus principally on the handicaps although races like the Bartlett still have potential for a dark horse to appear.
If Iknew Fakiera was going for the Bartlett for certain I'd be happy to leave it at that. But as Fakiera's target is still unclear I'm interested in finding something else that might provide (imo) good value.
On Day One there may be 4 of the 7 races where I end up with nothing backed unless I have a little interest bet on the day.
My only bets were on Ferny Hollow so that scuppered the Supreme. Now I don't want to take on Appreciate It but didn't back him for this race when he was a price.
In the Arkle I was very much against Shiskin after the Supreme so kept my powder dry. Now I see the error of my ways but it's too late to get involved.
In the Champion Hurdle I like Epatante but not at such a short price - so weighed in with Marie's Rock which hasn't worked out well.
And in the Mares Hurdle Honeysuckle has never been my sort of price even though I love her to bits.
So as you can see, this system of mine has huge flaws - I've wagered all this dosh and probably won't have a runner in 4 races on day one. What's that all about??
But I'm happy to take the rough with the smooth rather than back something at what I perceive to be poor value - and which will probably be running for second place.
If I did that then my overheads would increase significantly making it more difficult for me to break even which is always my bottom line ambition.
A very limited ambition I admit.
But at the end of the day this is a hobby I enjoy .
If the pleasure I get from betting and racing and chewing the fat with you guys costs me close to nothing over the course of a year then that is a very decent result in my book.
But, as I said earlier, I wouldn't seek to mount a defence that this system is anywhere near the right/best way.
Where I support Lobos wholeheartedly is in saying it usually also works for me.
It's a bit like being stuck with Jim Furyk's golf swing .
You'd much rather smack it like Rory - but knowing you own limitations you just make do and try the best you can.
*****I doubt very much whether anyone's bothered but I have ended up backing against Sir Gerhard by accident - I backed Brandy Love TWAR expecting her to run in the Mares Novice Hurdle.