Daily Dial #27 – Thursday 22nd January – One bet at Southwell

A later post, and a brief one. Not a bad thing, as there isn’t bundles to be excited about. Plenty looked at, but ultimately able to talk myself out of pretty much all of it with relative ease. One or two of them will no doubt have me ruing that, but that’s racing.

Klitschko ran well enough at Catterick yesterday for us and made the most of that extra place we chased after him for by finishing in that extra place. Not quite enough to cover the chips on the day but a minimal downer, with Metaverse well beaten latterly. That race was indeed fiercely competitive and they went too hard up top and set it up for the closers.

Further Measure 12/1 | 1pt EW
16:00 Southwell

T: Mike Murphy
J: Callum Shepherd

Result: unplaced 4/9 -2pt

Took keen hold, towards rear, ran on final furlong, not reach leaders (SP 22/1)

The one selection, Further Measure, goes back to Southwell for the first time since winning here off of a mark of 67 and in doing so, winning his fifth race in six starts on the All Weather. He went up to a mark of 71, and duly ran to about that on his next start.

He comes here today off of 63 and in a race where few, if any, will want to go forward. I’m hoping from stall 1 they send him to the front and make a right go of it. He should hold every chance of going all the way.

Best of luck with your punting today,

Common questions
What does "each-way" mean?

An each-way bet is two bets in one — a Win bet and a Place bet, each for the same stake. So 1pt each-way means 1pt to win plus 1pt to place: 2pt total out of the bank.

The Place part pays out at a fraction of the win odds (usually 1/4 or 1/5) if the horse finishes in the places — typically the first 3 or 4 depending on the race. Each-way is the right call when the price is generous enough that the place return alone covers the stake. Full guide here.

How do I follow this bet?

Best route is Oddschecker. It pulls every UK bookmaker's price into one screen so you can grab the top of the market — and crucially it shows the place terms, which vary by firm. One bookmaker might offer 11/1 paying 3 places at 1/4 odds; another might offer the same 11/1 paying 4 places at 1/5. Maximum win return vs hedged each-way return — your call which serves the bet better.

If the price has shortened since I advised it, judge it on the case in the prose. Rule of thumb: I'm generally happy down to about two-thirds of the advised price — 14/1 down to 10/1, 8/1 down to 5/1. Below that it's marginal and probably worth passing. Keep an eye on the price in the last 20 minutes too — short prices often drift back out as the off approaches, especially on outsiders. Bet with bookmakers offering Best Odds Guaranteed and you're covered either way.

What if the price has shortened by the time I get to it?

Judge it bet by bet. The cleaner the case in the prose, the more decay I'll tolerate. Rule of thumb is about two-thirds of the advised price — 14/1 down to 10/1 is still in, 9/1 down to 6/1 still fine, anything below that is marginal.

Worth knowing: short prices often drift back out as the off approaches, especially on outsiders. Keep checking in the last 20 minutes — you may get back to the advised price or close to it. And always bet with bookmakers offering Best Odds Guaranteed so you're covered if the SP comes back bigger.

Why are some bets win-only and others each-way?

Three things decide it: confidence, race shape, and the betting market.

If I think a horse has an outstanding win chance, I'll back it win-only to maximise the return — even at a bigger price, where each-way would normally be the safer call. If the win case is more speculative but the place case is strong, each-way carries the bet.

Concrete example: Almanack at Kempton, 2 July 2014. Advised at 22/1 win-only in the morning. The price shortened to 16/1 SP and he won by a short head on the line. Win-only on a confident shout at a generous price is where the real returns come from — when the case is right, you back it to win, not to hedge.

New to this? Read up on: Draw Bias · Going Descriptions · National Hunt Racing

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