How to make a profit on the horses

Welcome one and all to this new weekly column on horse racing. The industry is facing some challenging times – low prize money, small fields, rising costs for trainers/owners, a lack of cohesive leadership and more. 

But it is not all doom and gloom and Penworthy – the name derives from a character in P.G. Wodhouse’s short story The Purity of the Turf – will try to lift the spirits of those passionate about the so-called Sport of Kings.  

This will hopefully be achieved not by solving, or even addressing, any of the above important topics but instead providing some winning bets. For this is a tipping column – it will try to ensure that those who enjoy a bet actually make money from their hobby too. 

I have been interested in racing since my dear, late father took me, as a very small boy, to see the great Arkle, three times winner of the Cheltenham Gold Cup and arguably the greatest steeplechaser that ever lived.