Principles and tactics

PLACEPOT PORTFOLIO

PERMS are the best way to attack the Placepot , as explained last week. But how do you decide how many lines to do and at what stake unit?

Well, you don't want to bet more than you can afford, so that will dictate matters; but perms give you so much flexibility that there shouldn't be a problem.

The important point to remember is that we are chasing the big dividends, so regardless of which meeting you choose, tailor your bet to the demands of each individual race rather than decide in advance that you are going to have a set number of selections in each leg.

When all is done and dusted, the strength of your judgment of form is going to decide whether you win or lose. But there are certain tactical ploys you should adopt at all times.

Never include both the horses which you anticipate will be the two market leaders. If you rely on the racing page of a soap andbingo paper with a dodgy betting forecast, you are not going to get very far with this principle.

But bear in mind that even the trade papers are offering a betting guide which is based on one man's best opinion.These forecasts are often good but they are not laid down in granite and you need to give plenty of thought as to how the market will actually look at the off.

Inevitably, you will sometimes be wrong no matter how much you study form, the news from training centres and the tipsters' panels, but the effort is worth making.

The point is that if you are relying on the two market leaders and one of them becomes a non-runner (this is the absolute scourge of all placepots) then you are going to be put on to the shortest-priced runner under the rules of the bet.

That means you are going to double up on the favourite. If it is successful, so what? Tom,

Dick, Harry, all their in-laws, plus the cat and the goldfish are all going to be through that leg.

But what if the favourite misses a place. Hopefully, you will have made it through with your alternative choice and suddenly you can scent a big dividend.

There will, of course, be occasions when both the first and second favourites are placed and you will be disappointed because they were your main fancies for the race.

Even worse, if there are four runners or fewer and you have missed out, the air will be blue.

But don't forget that you can do fancy perms for small stakes and probably cover small fields with a machine-gun approach if you feel it's necessary.

The overriding principle remains the same. Avoid putting first and second favourites together unless you are including

at least one other selection to go with them.

Not only does this allow you the luxury of knowing you always have the chance of a good result but, vitally, you can probably dodge the bullet when one of them becomes a non-runner and the favourite goes under, killing the hopes of an increased number of punters in the process. Believe me, this strategy pays off so often that the advantages far outweigh the disadvantages.

Familiarise yourself with perms. It should become second nature to you to know how to create bets of 96, 128 or 144 lines etc etc.

It's a simple procedure if you apply basic maths. For example, a bet of 3 x 3 x 2 x 2 x 2 x 4 is 288 lines (each leg multiplied up). At, say, 3p a line, that is a wager of pounds 8.64.

And remember, if you happen to get, say, two horses placed in each race you will have 64 successful lines which is the equivalent of having the dividend to pounds 1.92. That gives you almost double the pay-out as declared to a pounds 1 stake.

More strategic ideas next week.

Start your day with The Independent, sign up for daily news emails
Sport
Australia vs New Zealand live
cricket Follow over-by-over coverage as rivals New Zealand and Australia face off
News
Zayn has become the first member to leave One Direction. 'I have to do what feels right in my heart,' he said
peopleWe wince at anguish of fans, but his 1D departure shows the perils of fame in the social media age
Life and Style
Researchers found that just 10 one-minute swill-and-spit sessions are enough to soften tooth enamel and make teeth vulnerable to erosion
health
News
i100
Have you tried new the Independent Digital Edition apps?
ebooks
ebooksA special investigation by Andy McSmith
Arts and Entertainment
The Regent Street Cinema’s projection room in the 1920s
film
News
Leah Devine is only the ninth female to have made the Young Magician of the Year final since the contest began more than 50 years
peopleMeet the 16-year-old who has set her heart on being the first female to win Young Magician of the Year
News
Jonathan Anderson was born in Northern Ireland but now based between London, where he presents a line named JW Anderson
peopleBritish designer Jonathan Anderson is putting his stamp on venerable house Loewe
News
Andy Davidhazy at the beginning (left) and end (right) of his hike
video
News
Taylor Swift is applying to trademark song lyrics from 1989
people
Voices
The popularity of TV shows such as The Liver Birds encouraged Liverpudlians to exaggerate their Scouse accent
voicesWe exaggerate regional traits and turn them into jokes - and those on the receiving end are in on it too, says DJ Taylor
  • Get to the point
Latest stories from i100
Have you tried new the Independent Digital Edition apps?
Independent Dating
and  

By clicking 'Search' you
are agreeing to our
Terms of Use.

iJobs Job Widget
iJobs General

Recruitment Genius: Junior Web Designer - Client Liaison

£6 per hour: Recruitment Genius: This is an exciting opportunity to join a gro...

Recruitment Genius: Service Delivery Manager

Negotiable: Recruitment Genius: A Service Delivery Manager is required to join...

Recruitment Genius: Massage Therapist / Sports Therapist

£12000 - £24000 per annum: Recruitment Genius: A opportunity has arisen for a ...

Ashdown Group: Practice Accountant - Bournemouth - £38,000

£32000 - £38000 per annum: Ashdown Group: A successful accountancy practice in...

Day In a Page

Election 2015: How many of the Government's coalition agreement promises have been kept?

Promises, promises

But how many coalition agreement pledges have been kept?
The Gaza fisherman who built his own reef - and was shot dead there by an Israeli gunboat

The death of a Gaza fisherman

He built his own reef, and was fatally shot there by an Israeli gunboat
Saudi Arabia's airstrikes in Yemen are fuelling the Gulf's fire

Saudi airstrikes are fuelling the Gulf's fire

Arab intervention in Yemen risks entrenching Sunni-Shia divide and handing a victory to Isis, says Patrick Cockburn
Zayn Malik's departure from One Direction shows the perils of fame in the age of social media

The only direction Zayn could go

We wince at the anguish of One Direction's fans, but Malik's departure shows the perils of fame in the age of social media
Young Magician of the Year 2015: Meet the schoolgirl from Newcastle who has her heart set on being the competition's first female winner

Spells like teen spirit

A 16-year-old from Newcastle has set her heart on being the first female to win Young Magician of the Year. Jonathan Owen meets her
Jonathan Anderson: If fashion is a cycle, this young man knows just how to ride it

If fashion is a cycle, this young man knows just how to ride it

British designer Jonathan Anderson is putting his stamp on venerable house Loewe
Number plates scheme could provide a licence to offend in the land of the free

Licence to offend in the land of the free

Cash-strapped states have hit on a way of making money out of drivers that may be in collision with the First Amendment, says Rupert Cornwell
From farm to fork: Meet the Cornish fishermen, vegetable-growers and butchers causing a stir in London's top restaurants

From farm to fork in Cornwall

One man is bringing together Cornwall's most accomplished growers, fishermen and butchers with London's best chefs to put the finest, freshest produce on the plates of some of the country’s best restaurants
Robert Parker interview: The world's top wine critic on tasting 10,000 bottles a year, absurd drinking notes and New World wannabes

Robert Parker interview

The world's top wine critic on tasting 10,000 bottles a year, absurd drinking notes and New World wannabes
Don't believe the stereotype - or should you?

Don't believe the stereotype - or should you?

We exaggerate regional traits and turn them into jokes - and those on the receiving end are in on it too, says DJ Taylor
How to make your own Easter egg: Willie Harcourt-Cooze shares his chocolate recipes

How to make your own Easter egg

Willie Harcourt-Cooze talks about his love affair with 'cacao' - and creates an Easter egg especially for The Independent on Sunday
Bill Granger recipes: Our chef declares barbecue season open with his twist on a tradtional Easter Sunday lamb lunch

Bill Granger's twist on Easter Sunday lunch

Next weekend, our chef plans to return to his Aussie roots by firing up the barbecue
Joe Marler: 'It's the way I think the game should be played'

Joe Marler: 'It's the way I think the game should be played'

The England prop relives the highs and lows of last Saturday's remarkable afternoon of Six Nations rugby
Cricket World Cup 2015: Has the success of the tournament spelt the end for Test matches?

Cricket World Cup 2015

Has the success of the tournament spelt the end for Test matches?
The Last Word: Justin Gatlin knows the price of everything, the value of nothing

Michael Calvin's Last Word

Justin Gatlin knows the price of everything, the value of nothing