First Saturday in a long time that I am not going to have a bet on the horses. In fact, I want to decrease my gambling radically from now on. I am sure we've all been in these situations whereby the penny drops in terms of how much you're gambling and how much of an effect it's having on your personal life and your mood. I am not in financial trouble, or even close to it, but when you're dropping £100 in an afternoon just out of boredom, you begin to question why exactly do you do it. I began to have an interest in gambling in my teenage years and only ever did it for fun. One of the first football bets I ever won on was a €5 bet on Milan Baros to be top goalscorer at Euro 2004 at 50/1 and was hooked thereafter. In recent months I've moved in with the missus and I am as happy as I've ever been, but when you head home to the person you love and have to explain why you have no money for the next few days until you're paid again all because of a few bets on the horses/football, it really hits home. Even lately when I've had a winner the feeling of euphoria hasn't been the same, which is a sure sign that I'm no longer enjoying it and that maybe it's become more of a problem.
I am watching Channel 4 racing on television at the moment and I am enjoying the racing for what it is. Of course, it's not the same as when you have a financial interest in the race, but I really think the game isn't worth it anymore. I noticed something in the last ten days that has more or less made my mind up for me too with regards the horse-racing industry and that's the insider knowledge that so many ordinary punters like ourselves aren't privy to. Brian Ellison has had three or four odds-on horses running in the past ten days that had plenty of money for them, and all were defeated. Indeed, they never looked liked winning. He had Pelmanism running at one of the same meetings and he had very poor form in the lead up to the race. Pelmanism went from 14/1 to 9/1 in the blink of an eye just as the horses were off, and he ended up being beaten narrowly by a half-length. Pelmanism ran again two days later and was a similar price (I backed him this time) and he again finished second. We're not naive and we know the smaller yards need to make a few quid with these gambles but it's blatant cheating in my view, and the ordinary punter has no idea of how prevalent it is.
Another example the other day was Planetoid scooting home at Newton Abbott. He started at odds-on in an 11 runner handicap hurdle. I know it was a low grade race but his form figures going into the race was 000F00. He is trained by Jim Best and I was amazed before the race at his price albeit with McCoy on board. He was 10th of 11 at 100/1 on his last run, 7th of 8 before that and so on back through his form. Then suddenly he is odds-on in an 11 runner handicap and hoses in. Anyone studying the form would lay him all day at that price and get their fingers burnt. He obviously wasn't running to his true ability in all his other races and a form punter has no chance with this carry on.
Apologies for the long-winded post, but it's just something I wanted to share and I feel all the better for it. I don't ever see myself stepping away from the punting forever as I enjoy it, but I am determined to try get the fun element back to it and manage my bets and level of betting far better in future.