Just because you didn't get paid today doesn't mean it was a bad bet
The ATR presenter on his top five punting lessons to be learned
1 "The race is not always to the swift, nor the battle to the strong; but that's the way to bet"
The origin of this quote is disputed, but some credit Damon Runyon. What it says to me is never ignore the obvious. It's surprising how often the best runner and most likely winner is not favourite due to fashion, or prejudice, or oversight. If it’s obvious, and the market has missed it, bet it.
2 "A mistake is not something to be determined after the fact, but in the light of the information until that point." Nassim Nicholas Taleb
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