Patience is Always a VirtueI had just finished writing a page for the next magazine and a horrifying thought struck me:"By the time some people read this they'll have lost a great deal of money following bad horses!"I'm not the patron saint of good deeds, nor do I know all the answers. But I do know that the next week or two in Sydney and Melbourne will have dramatic effects on later markets, and that some reputations are due to be badly dented within that period.It happens every year.
Patience is Always a Virtue
I had just finished writing a page for the next magazine and a horrifying thought struck me:
"By the time some people read this they'll have lost a great deal of money following bad horses!"
I'm not the patron saint of good deeds, nor do I know all the answers. But I do know that the next week or two in Sydney and Melbourne will have dramatic effects on later markets, and that some reputations are due to be badly dented within that period.
It happens every year.
Remember Weekend Hussler?
Going to win everything? Millions invested at silly prices?
It's easy to be clever afterwards, but at NO stage did he represent a financial opportunity.
Except to the bookmakers and the TABs.
They had a field day with that bloke. Who will it be this year? Who's the punter's nemesis for 2009?
What I recommend is CAUTION. Sure, if you fancy a $61 chance for the big Cup, risk a few bucks. I would too. But if it is at $4, IT WILL PROBALY STILL BE THAT- OR BETTER- ON RACEDAY. With an assured start.
If it is indeed even there on the day.
Stay out of the Charge of the Lemmings. Two weeks from today you might be very glad you did.
Try your hand cautiously in the upcoming races if you want to; but don't end up with a fistful of useless advance tickets for the biggest races.
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