Sunday, 7 June 2009

A Sign Of Things To Come?

A hugely frustrating week for us with three bets on the blog failing to produce a winner. That only tells half of the story. If we'd put up our "mentions" as selections and backed them with just minimum stakes we'd have secured a very healthy profit this week.

On Monday we backed Brierty and we were happy with the way the horse ran. On this occasion the jolly proved to be in a different league to the rest of the field and we had to settle for second. We can live with that as we know that in the long term we'll take on and beat enough short priced favourites with the same sort of profile to make it more than a worthwhile venture.

On Tuesday we liked Fastnet Storm and both of us backed the horse at 6/1 the night before. Unfortunately on Tuesday the horse was only available during the morning and early afternoon trading at a best price of 4/1. Of course we could have put it up as a blog bet and not worried about the price, especially with one of the main contenders having been withdrawn from the race. However, we didn't think it would be fair to anyone following our bets for us to do that so we decided to explain what we'd done but refrain from including it as a selection on the blog. Of course that means another four points minimum missing from the p and l.

On Wednesday a couple of "mentions" ran poorly but we'll keep an eye on them for the future when they may of course be of interest given the right opposition and conditions.

Thursday was a busy day with two bets and once again it was a case of what might have been. The first of our bets was Habshan who simply wasn't good enough. We do not think the same can be said of Sir Isaac. We believe Sir Isaac will in time show this running to be false. We had hoped Sir Isaac would bounce out of the stalls and take a handy position from a favourable draw. Unfortunately Sir Isaac fell out of the stalls to be last of the field and any hopes of a win were lost.

On Friday Gags found one on the all weather but we didn't have time to to carry out the necessary study and analysis in order to decide if a proper bet was appropriate. In the end Gags traded the horse and I didn't get involved at all. The result, a winner as Cool Hand Jake was backed from 15/2 in to 7/2.

On Saturday we both agreed that Kings Destiny should be favourite and was the most likely winner of his race. Hindsight has shown us to have misjudged the form of his previous run but nonetheless he ran a sound race to finish second.

Just today I looked at one race on the all weather and from two mentions, Byron Bay and Ten Pole Tudor, I found the winner and a fourth, the winner backed from an early 16/1 in to and eventual sp of 7/1.

Looking through all of the above it would be fair to say that our study and analysis is still spot on. If all of this week's mentions had found their way on to the blog we'd have seen another three winners and something like another 20 points added to the p and l even after accounting for the losers. Somehow our aim has to be to find the time required in order to complete our study and analysis so that we back these additional winners and of course make them available to everyone receiving our bets free via text and email.


WEEKLY SUMMARY
4 BETS
0 WINNERS (0%)
2 PLACED (50%)
PROFIT / LOSS -6.00 POINTS


YEAR TO DATE SUMMARY
101 BETS
17 WINNERS (16.83%)
36 PLACED (35.64%)
PROFIT / LOSS +50.76 POINTS
RETURN ON INVESTMENT 22.07%


YEAR TO DATE BLOG BETS (ADVISED ON HERE IN ADVANCE OF RACING)
52 BETS
6 WINNERS (11.54%)
18 PLACED (34.62%)
PROFIT / LOSS +18.95 POINTS
RETURN ON INVESTMENT 14.58%



As the headline suggests we would like to think that whilst this week has indeed fallen in to the category of what might have been we will be doing everything we can to ensure the overall picture, bets and mentions, are a sign of things to come. We could certainly do with a financial shot in the arm and I'm sure that comment applies to some of those following our bets in their own way. Lets hope this week sees a welcome upturn in fortunes for all concerned.

2 comments:

Anonymous said...

reading throo blog,seems better to not bet on metions is it not.why mention them in posts.

Anonymous said...

Hi Anon

You may well be right looking back through the blog, I'm not 100% sure and to be honest I haven't got time to check.

Moving forwards we just want to make sure we don't miss too many opportunities like last week. We will remain selective but a few more minimum stakes bets are likely, especially if we believe the rewards far outweigh the risks.

With more of these types of bets being put up the natural consequence will be that there won't be any "mentions" in future, just minimum stakes bets and stronger bets. One of many criticisms that could be levelled at us is that to date we haven't really used the staking plan (1 to 10 points) to best effect. We hope to put that right in future.

Thanks for your comments.