1st and 2nd Favourite Horse Racing System
Updated for 2022
Horse Racing Betting Systems
For regular readers of these articles, you will know that I enjoy looking at horse racing betting systems. However, I haven’t until now looked at how backing favourites can make your betting more profitable.
In this brief article, I will attempt to show how you can have some fun and even more importantly profit from backing favourites in UK horse racing.
Now many punters, myself included, like the idea of taking a punt on a big priced outsider in a race. You feel great when it comes off. All that study of the race and you're one of the few who's managed to pick that big priced winner that no one else has. Therefore, being more adventurous, by backing the outsider, can pay off extremely well. But it doesn’t happen often enough.
Now when it comes to backing favourites, plenty of punters avoid them. You will no doubt have heard or read people say that the tipster or punter, “they only back or tip favourites”. It’s usually said or written with a fair level of scorn too.
However, it shouldn’t be like that because backing the right favourites really is the way to long term profits.
What percentage of favourites win horse races uk
34.4% of favourites have won their race over the last five years.
The table below shows the data for all UK races and the data shows the strike rate and returns for the clear favourite in the Betfair market at the off.
You can see that the strike rate is pretty consistent and that you would have lost a small percentage of your turnover if you had backed them all and slightly less if you had layed them all.
