About Racing Profits
Want to know all about Racing Profits, who I am, what’s my story and why I am in a better position to help you to make money from your betting than the majority of people out there. Well read on and I will tell you all about myself, my history and the skills I bring to betting.
Who is Racing Profits?
My name is Richard and I was born and brought up in Yorkshire, in and around horse racing. As a small boy I remember having regular family outings to York, Doncaster, Ripon and Wetherby racing in the summer and through the winter months for the jumps racing.
As I grew up, my Dad would take me to visit Malton and Middleham and watch the horses in training, so horse racing was in my blood and a passion ever since. You can see me in this image with my Dad at York, when he was working as a steward in 2019, just before he died in January 2020. #RIPDad
In 1994, after getting married, I decided I would use my knowledge and passion for horse racing to build a much needed 2nd income and that was where the journey started.
Learning how to bet from a bookmakers son
I say my journey started there, but it actually started five years earlier, back in 1989 when I was at University. I had met Andy, who was a trainee bookie from Manchester, working in his father’s business at the dog tracks and horse racing courses around the north of England. Over the three years of our course Andy shared everything that he had learned from his father about betting, how to read a race card, understanding form and how to track horses from one run to another, I even learned how to create a “tissue” and price up a race.
I travelled from track to track with Andy whenever we got time off from our studies and I met other bookies, trainers, jockeys and some proper bettors. I quickly realised that these serious gamblers were not taking £10 out of their back pocket hoping a horse would win, but following horses and waiting for the right conditions, the right weight, the right course and even the right jockey to be onboard. They wanted everything in their favour before investing their money and the thing they wanted was the right price!! They knew their numbers as well as the bookies.
I decided to use all this knowledge to get more serious about my betting and that was the start of what was to become a roller coaster ride in my career as a serious bettor.
Racing Profits At York
Racing Profits – Sponsoring Races At York
Down At Lingfield With Richard Hughes
At Lingfield With Richard Hughes
Rich with Nicky Henderson at Doncaster
At Doncaster with Nicky Henderson
Rich with AP McCoy at Southwell Racecourse
With AP McCoy At Southwell
Richard Johnson At Haydock
Richard Johnson at Haydock Racecourse
Aidan O’Brien At Ascot
With Aidan O’Brien At Ascot
Mastering discipline & patience
The lesson I quickly learned is that discipline and patience were not just words that bettors threw around, they were essential to making consistent money on horse racing but more importantly I realised that the people who were quietly making money every month as Betting Pro’s were not only the Patrick Veitch’s of the world, waiting weeks for that one big winner that would make them £1000’s but the vast majority were people who made small but regular profits day in day out month in month out building up their betting banks and slowly increasing their stakes.
But alongside discipline and patience what was the secret to making consistent and regular profits from betting on UK horse racing?
Developing a profitable betting strategy
Over the next few years I set about developing a structured betting strategy, mixing up my “backing” of horses with “laying” horses to lose on the exchanges which were slowly starting to appear in 2001. I studied form and read as much as I could about the effects of going, weight and distance on horses. I studied trainers form, jockeys form and the different characteristics of tracks around the UK. I made it my job to visit a race meetings at least three times per week.
I started to sponsor races, build a list of contacts, as before I was introduced to bookmakers, trainers, stable hands, jockeys and other bettors who I met. You can see my wife Jackie and I here at York after sponsoring a race.
Sharing what works with you
By the end of 2006 I had built my original betting bank up to £10000 and I realised that what was originally going to be a small second income now gave me everything I wanted, financially and the freedom to live my life on my terms, it was a wonderful feeling.
In 2009 I decided it was time to share what I had learned with other people and help them to develop themselves a profitable betting strategy themselves. I developed Racing Profits as a resource to help others make money from UK Horse Racing – so www.racingprofits.net was born.
“Hi Richard, I would like to say thanks for a great week of racing tips, I made 23pts profit and my bank has increased by 20%, well done, I don’t know how you do it”
“Wow, great stuff Rich +26pts profit today – Very pleased! Thanks very much, keep up the good work. Making hay at just 10 quid a point. My little 2-pound-each-way double delivered as well. This will pay for my trip to Longchamp. Looking forward to more winners from you”
What can I say Richard, £1000 clear profit! which obviously equates to £500 + £500 over the past 2 weeks! Cant be bad!