1. You don’t have to bet – patience and choosing your moment to strike are virtues often rewarded.
2. Every runner has a right and a wrong price. 4/6 may be generous while 6/1 may be niggardly. Learn to estimate odds in advance – then look for value.
3. Tote odds often provide you with extra profit.
4. Even form figures that read 000 or 00 or just 0 need the closest scrutiny.
5. Tote speciality bets often provide amazingly good value – especially when favourites are beaten.
6. The state of the going is perhaps the most important single factor of all.
7. Leading jockeys often give a clear indication of their own assessment of their chances. With opportunities to ride at more than one meeting, their mounts at the selected venue should be the subject of special study.
8. Each-way bets on two-year-old races opposing the odds-on favourite will not endear you to the layers, but they should yield a profit. All you need is a thick skin!
9. Bookmakers welcome punters who speculate on the open and difficult looking handicaps. You should avoid them.
10. It is fatal to chase losses or think in terms of getting out on the day. There is always tomorrow, and the day after.

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