With the introduction of the betting exchanges, many professional gamblers stayed in the sanctuary of their home. Soon, working from a laptop become the norm while going to the racecourse pointless if not alien.
Sure going to the races was fun. Who doesn't like the atmosphere, crowd, bookmakers and entertainment? Sad as it may seem, but that is how many of the boys and girls who bet on the exchanges go.
I talk to informed gamblers. It's always interesting to listen to their views. I am wise enough to listen to people. Too many people don't have that quality and, perhaps, that's the reason why they make mistakes. Everyone has strength and weakness. Some become complacent because they think they know it all. Isn't that what happens to businesses who don't evolve? Blockbusters held the market position and purse to go in any direction they wished, but they just keep looking straight ahead proving the blinkers weren't such a good idea.
So, betting at the racecourse isn't what it used to be.
However, aren't professional gamblers missing out by not visiting the racecourse?
You bet your bottom pound they are!
You don't need to have a drone to visit your local course worthwhile.
I follow the two-year-old horse racing and of all times it is paramount to observe how horses behave. Just because a horse cost $1000,000, owned by Cheveley Park Stud and trained by Sir Michael Stoute doesn't mean it will not misbehave. As Jason Weaver likes to tell us ''the first day at school' can see an array of behaviours. With little coverage of most racing paddocks or seeing horses go down to the start, you can be at the mercy of a hot favourite being as cold as ice when it comes to winning. Even being at the course doesn't mean you will always be wise to these events. However, you are likely to appreciate a problem in the paddock. Not only a horse's behaviour but how it looks. Fillies come in all shapes and sizes. Not surprising, they usually lack compared to the colts. However, the betting doesn't always detail these factors which become apparent in the paddock ten minutes before the off.
I remember seeing a debutant racing on debut at Yarmouth for trainer Mike de Cock. This filly was in the first three favourites but not for long. She was a very weak-looking horse if not a touch ugly. Compared with the opposition, she didn't look great and that fact was quickly shown in the market drifting from about 5/1 - 10/1. I must admit, I wouldn't have backed the horse on viewing it which may have been probable sitting at home watching the betting on the exchange. Certainly, those who bet before the horses come into the paddock would have been caught. That's the gamble. Apart from those connected with the stable, no one knew what the filly looked like. She could have been the best-looking filly in the race - but she wasn't!
The horse did little.
How many horses could you have drawn a line through race after race? No one is saying that every temperamental horse is going to lose than an ugly duckling may turn into a swan. But it pays to be informed. Well, that's the power of being at the course.
Anyway, I think you get my jist.
As I keep saying, knowledge is power. It's the equivalent of watching someone poking around a light switch. If you see it happening, you're not surprised when the lights go off.
With every aspect of gambling, there are both plus and minus. However, for the full picture you either need to witness these happening or appreciate that they might be and you are unaware.