The book is full of information on statistics, bookmaking, prediction of horse races and football games.
It is, I have to say, slightly dated though; the code is all BASIC (does anyone still code in BASIC?), originally for the BBC Micro but all quite portable.
And that also means that there is no mention of betting exchanges just fixed odds and pools coupons.
The book is still available (second-hand) on Amazon and parts of it have been digitised by Google Books and can be read online here.
Tony Drapkin still uses ideas in the book to offer ratings for horse races, which can be seen at HOOF Ratings.
The author says of his book….
“Selected chapters from the old classic ’The Punter’s Revenge’, which I co-authored in 1987, are now available as an online resource in PDF for those interested in statistics and statistical approaches to horse racing. The book is very dated in places, but the statistical principles and methods that we advocated all those years ago, still hold. For technical reasons, the PDF version is not available on this site, but can be accessed by joining the HOOF discussion Forum.”
The book starts off by explaining a bit about the history of gambling before delving into probability and statistics.
Next we learn more about bookmakers and racetracks before getting into the interesting stuff, the computer programming.
Now, I do have to say that you’ll learn next to nothing about computer programming from this book but…
If you are planning to write a computer program to help you pick winning racehorses (or, indeed, losing racehorses for the layers amongst you), then you do need to read this book first!
The book has a nice easy style and is written in an accessible way.
Although I do have to say that it is a book to be studied rather than just dipped into; you do need to make the effort to ensure that you fully understand every page/chapter before moving onto the next.
Having said that, I can categorically say that, if you are planning to use computers in your search for racehorse profits then reading this book (and putting the time in to understand it) is a must!
So, if you can get your hands on a copy of The Punter’s Pal (in paper or electronic form), snatch it up!
You might even be tempted to join Tony’s discussion group at HOOF discussion Forum, as well?
See you there!
Links and further study…
1). The New Complete Manual of Racing and Betting Systems – Most enthusiasts will admit – although sometimes reluctantly! – that they lose more than they win at their racing. That’s because there is often more madness than method in how they choose to place their money. While there’s no such thing as the perfect winning strategy, David Duncan has the formula for breaking that losing streak and it’s one that novices can follow as easily as the experts. The racetrack is one place where mixing business with pleasure should be the goal. This is the ultimate manual for everyone who shares that belief.
Get the book here… The New Complete Manual of Racing and Betting Systems
2). The Tail End System – The Tail End System is a new way of finding long-priced winners – ‘outsiders’ – in Jumps racing. The system is based on simple straight forward logic coupled with factual information related to a horse’s form and level of ability as published by the “Racing Post”. Author Ross Newton has over 25 years experience as a punter on Jumps racing, and his system has been successful since 2001. It is not complicated betting strategy – once the rules are learnt it only needs ten minutes study of each race in the “Racing Post”, so will appeal to small stakes punters as well as high-rollers.
Get the book here… The Tail End System
3). The Definitive Guide to Betting on Horses – Fully updated edition of the ground-breaking look at horserace betting, first published in 2004. The Definitive Guide to Betting on Horses is crammed with the expert views of many of the Racing Post journalists. Among the gems included are: the winning approach to betting on the Classis and the big festivals by Pricewise (Tom Segal); the types of races and horses that are best for betting by the Racing Post handicappers, consistently the most successful tipping team; how to spot a potential winner by senior Racing Post race-reader Graham Dench; a complete guide betting exchanges and how to make them pay by top Racing Post betting editor Paul Kealy; the importance of speed figures by expert Nick Mordin; plus a full breakdown of the effect of the draw, how to find value, a guide to spread betting, bets to avoid, betting systems and how they work, and much more.
Get the book here… The Definitive Guide to Betting on Horses
4). Precision Betting Bronze Membership – One week’s trial membership – £6.95
For a period of 7 days you will receive the daily selections by email every morning and, during that period, you will have access to the private area of this site.
You will be charged only once and there will be no recurring charge.
This is an ideal way for you to try out our system for about 99p per day.
Take a one week trial here – PrecisionBetting – One Week Trial