The professional gambler has to learn to live with disappointment without allowing it to cloud their decision-making ability. Whenever I have a losing streak, I take a holiday. It’s very hard to continue making the right judgements if you’re losing. You tend to chase your losses. DON’T. Take a careful note of horses that Ladbrokes duck. They have a team of spies who are second to none, and when they show they don’t want to lay a horse (by going under the prices the other bookmakers are offering) there’s usually a good reason!

 

The quickest horses have a ‘daisy cutter’ running action where their hooves just skim the ground. It’s efficient and wastes less energy in picking up their legs too high. Great on firm ground. But on wet, slushy ground, they can’t pick their feet out of the mud properly, a bit like running through the sea at the beach. Result? They lose.

 

‘You can set the trap for those too eager to accept that everything will go according to the offence’s plan… price the match up as though the expected touchdown has been recorded. And you will be amazed at how many times you will see someone take your price only to see a breakdown in play.’ The Definitive Guide to Betting Exchanges illustrates how to profit in-running on the exchanges during an NFL game.