Tips v Fancies

2moreMinutes

What is the difference between a tip and a fancy?

Obviously posts in recent days in the tipping thread have somewhat influenced me into asking this but I didn't think that was the right thread to ask it so here I am.:)

I've benefitted a little from backing some of the tips posted there and I've "lost" a little by not backing others so I'm in no way having a go at anyone who has posted anything in there. Its a game of information so the more that's available, obviously that can only help everyone.
Its a question that I've asked myself before so I figured I'd get a second opinion as I tend to end up agreeing with myself a lot when I debate a topic in my mind.:)


My own opinion is that, generally speaking, there is very little difference between what is generally classed as a tip and someones (educated) fancy.

To me, a tip is something that I can put my house on knowing full well that I'm going to be collecting afterwards. Of course its only my opinion, but its bordering (or way beyond bordering) on crossing over into the dark side of horse racing where the person giving the tip knows 100% that the horse is going to win. Of course, nobody (including me) cares on these occasions as its us punters who are benefitting from it in these situations.

As far as I'm concerned, I would struggle to count on the fingers of one hand the number of real, genuine tips I've received over the years.


Most "tips" are essentially just someones fancy. They may have some additional information available to them that us mere mortals don't have and they have arrived at their conclusion in an educated manner but the selection is still just their fancy.
Obviously I'm not referring to the chancers who have managed to hit three longshots on the trot down the bookies on a Saturday afternoon, feel invincible and suddenly they start texting their mates that they got a good tip on the next race.


I'm rambling a little and have kinda lost my train of thought but hopefully the general gist of what I originally wanted to ask & say has been got. Its also entirely possible that I've missed the entire point of what I was trying to say. That's the beauty of posting anything at this time of night.

/tldr


Cliffnotes: A lot of people place too much emphasis of "tips".

andyman

A tip is essentially information that has been obtained from a certain yard or connections to a certain horse where they basically show just how confident they are that horse will win. For example, say Aidan O'Brien was my uncle. He could act coy to the media when talking about a horses chances in a bid not to look arrogant/ensure there is a good price for his horse. However, if I was to ask him about the horses chances and he was to say "I've no doubt that he will win, put your money on him", then the horse was "tipped up" by the man who trains him, who can obviously see just how well he's training.

The wife of a senior Coolmore advisor is a customer of my dad. If she says to him that a horse will win, then she's tipping him that Coolmore are expecting a win.

Of course tips don't always go to plan, it's part of racing. That's why it irritates me when people get pissed off if a horse that's been tipped up loses.

A fancy is where you do your own homework with little inside information that a tip would give you and come to the conclusion that a horse could win.

rossom

I've always liked the term 'info' over 'tip' as I know that some people would regard a tip as a personal fancy. Info is far more cut and dry in my opinion.

BumperD

Tips are rare. And are from solid information from those connected to the horse eg the horse has been plotted for a year to win a handicap or won a schooling bumper by 30L etc. The trainer assess the opposition and has a very good idea of the horses chances against known opposition. They generally win.

Fancies are everywhere. They generally lose. Just look at the fancies I put up here

irish_major

andyman wrote: »

A tip is essentially information that has been obtained from a certain yard or connections to a certain horse where they basically show just how confident they are that horse will win. For example, say Aidan O'Brien was my uncle. He could act coy to the media when talking about a horses chances in a bid not to look arrogant/ensure there is a good price for his horse. However, if I was to ask him about the horses chances and he was to say "I've no doubt that he will win, put your money on him", then the horse was "tipped up" by the man who trains him, who can obviously see just how well he's training.

The wife of a senior Coolmore advisor is a customer of my dad. If she says to him that a horse will win, then she's tipping him that Coolmore are expecting a win.

Of course tips don't always go to plan, it's part of racing. That's why it irritates me when people get pissed off if a horse that's been tipped up loses.

A fancy is where you do your own homework with little inside information that a tip would give you and come to the conclusion that a horse could win.

Nail on the head. My info comes from a man in kanturk, who I had a horse in training with.
He once told me to keep that months training fee and put it on his horse and pay him after the horse wins. Thats a tip

Backstreet Moyes

Personally i have no direct info i get a bit from second hand sources.

A fella i know who is a neighbor to a local trainer who usually gets decent word when his horses are fancied.

A friend who works in a local stable who is fairly decent when he gives word.

My uncle from England who is friends with a fella who owns three or four all weather horses and rings over when they are fancied.

A friend who's uncle is good friend's with a few jockeys and he makes a lot of money by just backing horses he gets told to back. He won't risk telling anybody anything in case it get's back he is giving out information and they stop giving it. He rings the friend twice a year for his birthday and around Christmas and since i know my friend he has given 5 out of 6 winners at decent prices.

Then on the other side of it their is a friend who texts everytime he hears people in the bookies talking about a horse being fancied. He sends me on tips nearly everyday which i mostly ignore unless i fancy the horse.

Then i have a cousin who is a liar really who seems to have contacts in every stable who i ignore.


You have to filter through the good and the bad and make up your own mind. Personally i could go three of four weeks without anything then i could get 2 or 3 one day and 5 or 6 in one week.

People posting in the tips thread with two or three tips each day from all different stables are either very well connected(doubtful), listening to gossip from bookies(likely) or posting up horses napped in all papers. It's fairly easy to filter through and find out who is giving serious tips.

Personally i think the last few weeks i put up four tips 5/2, 7/4 and 3/1 losers and an 11/2 winner. During that time i got a tip while out walking and the horse won at 4/1 which was annoying because i have got plenty of winners of this forum and it's nice to give some back. In future anything i get from local source i will put up anyway and hope we make money off them.

ComplyOrDie

irish_major wrote: »

Nail on the head. My info comes from a man in kanturk, who I had a horse in training with.
He once told me to keep that months training fee and put it on his horse and pay him after the horse wins. Thats a tip

That sure is a solid tip. Did he win?

Lostman1990

Best way I can describe it is that a "tip" includes inside information that is not available to the wider market.
It kinda reminds me of the stock market. The prices of stocks at any point in time are derived from information available to the market. All this information gathered up and utilized will set a price. Then, you get directors of companies,etc who have inside information on their company. They know some things that no-one else in the market knows. They can use this themselves or pass it on to others.(highly illegal in stock markets) This person has more information than all other people and can use it for his advantage.
This information will never mean that something is 100% certain to happen. However, for example, this extra information will mean that a person can back a horse at 10/1 in the market that they would only get 3/1 for if this "insider information" was incorporated into the price.
So when the money starts flooding in on a tip, the market starts to correct itself very quickly. But the people who had the tip first have already taking the surplus value from the market..
A bit complicated,,,but that's my basic understanding of it.