I was flicking through an old Practical Punting magazine today
and came across an article entitled "10 Super Mini-Systems". If you
haven't heard of this publication it's been "helping" punters tip
winners for over 25 years now. Basically they come up with systems
for picking winners and sell them for several hundred dollars.
Unfortunately the buyer never gets to see any historical results or
a return on investment.
So, I thought I would put some of PP's Super Mini-Systems to the
I'll start with "Waiting For a Sign". The criteria for this
- A horse must have improved its position in each of its last 3
- Cannot have won at last start.
- Has won at the distance.
So here goes……
Hmmm - a couple of winners in there, but a loss of around $90
for every $1 bet over the last 6 months. Looks like PP readers will
be waiting a long time for a sign.
Maybe punters will have more luck with "The Local Champ":
- Consider only big 2yo races (I built the system for all races
- Back any horse running on its home track.
I'm think right now - people actually bet on this kind of
system. I'm not confident but here goes….
A little better. Certainly a lot less runners. Shame there was
only a handful of winners out of 130 hits. A loss of $55 for
Holding out little hope for the Super Mini-Systems I jumped
right down to "The Lucky Last" in the hope of finding some kind of
- Must have won at track and distance.
- Came first or second at its last two starts.
- Is in the top three weight carriers. (I used horses carrying
more than 58kg)
….and fail. A loss of over $40 for $1
For those interested, these systems came from the September 2011
edition of PP. The author of the article - "The Optimist". They got
that bit right.
As fun as it was debunking these farcical systems nothing beats
the discovery of a winning system. For a winning system with a
proven historical ROI check out: /racing/system-readonly/?id=22
or better still have a go at building your own.