Jack Ramsden quit his job as a stockbroker in 1980 and since then has had 13 consequtive winning years as a professional punter. His successful punting like so many other professional punters is based around speed figures and race times. He recently stated I cannot stress too strongly the importance of race times. They bind my whole approach together. There are fewer good times recorded over jumps but everyone seems to know about those horses and they are too short to back.
Even cutting out the endless looking up of form books, I still spend two or three hours every day working out my bets. Jack continues, Im constantly on the look out for the 3/1 chance that starts at 8/1. There are 30 or 40 of them a year and they are there to be seen. At those prices you don't have to be right all the time! His premise is that while a good horse is capable of doing a bad time, no bad horse is capable of doing a good time.
He is unusual in that he has his own bookmaker, Colin Webster. There relationship is indeed unique, Colin pays Ramsden £ 5,000 a year for his advice and also has the job of getting his bets on with other bookmakers. Another unusual trait of Jack Ramsden is his liking for the multiple bet. His reasoning is that they are an extension of his policy to go for large prices and he reckons that on 4 occassions he has won over £ 200,000 on multiple bets.
The other piece of advice from Ramsden is regarding each-way bets. His advice is to ditch them. He states, I analysed my betting a couple of years ago and found that if I had doubled my win stakes instead of having each way bets, I would have been much better off. I think all punters would benefit by cutting out all each-way bets and sticking to singles.
Jack met his wife Lynda Ramsden when she worked at the Epsom yard of John Sutcliffe Snr, where Jack, one of Barry Hills's first owners, had horses. Ramsden was working in the City, but the City wasn't working for him. "I was a pretty useless stockbroker," he admitted. The Couple married in 1977 and then started training racehorses in the Isle of Man. I few years later moving over to England and North Yorkshire where they are still based to train.