Stewart’s journey in the world of horse racing began at the age of 20 when he obtained a bookies license, following in the footsteps of his father, a seasoned bookie in Sydney. Despite facing initial setbacks, Stewart transitioned from bookmaking to professional punting, a move that would shape his future in the industry.
During the equine influenza outbreak in the late 2000s, Stewart found himself at a crossroads when racing activities in Sydney came to a halt. This pivotal moment led him to explore the world of punting, ultimately steering him away from the challenges of traditional bookmaking in a changing market landscape.
Stewart’s expertise lies in his innovative approach to punting, having developed a sophisticated computer software program focused on playing exotics in the late 80s. His success hinges on understanding the concept of expected value in horse racing, emphasizing the importance of being a savvy punter rather than solely relying on judgment.
Transitioning from bookmaker to punter was a natural evolution for Stewart, who believes that mastering market dynamics is crucial in a price-sensitive environment. He highlights the significance of adapting to market forces and leveraging platforms like Betfair to enhance punting strategies.
Stewart’s advice to aspiring punters revolves around finding unique edges and niches in the market. He emphasizes the value of research and market blending techniques, stressing the need for flexibility and a deep understanding of market movements to stay ahead in the game.
As a seasoned professional, Stewart underscores the importance of record-keeping and data analysis in refining punting strategies. He emphasizes the dynamic nature of betting markets and the need to adjust strategies based on evolving market trends and information.
Acknowledging the changing landscape of punting, Stewart reflects on the rise of intelligent punters and the impact of big syndicates on market efficiency. He urges punters to be aware of tactical maneuvers in the market and emphasizes the value of clean data and quality information in making informed betting decisions.
For Stewart, achieving longevity in the industry requires a strategic approach to betting, including selective wagering and a focus on obtaining accurate and reliable data. He recognizes the evolving nature of the industry and the need to continually adapt to new trends and technologies to remain competitive.
As Stewart continues his journey as a seasoned punter, he remains committed to honing his skills and leveraging his experience to navigate the ever-changing landscape of horse racing betting. With a wealth of knowledge and a deep understanding of market dynamics, Stewart exemplifies the resilience and adaptability required to thrive in the competitive world of professional punting.
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