Good morning...
Well...
A nice comfortable day, yesterday.
There were 33 rated races,
In 3 of them, the top rated horse was a non-runner, leaving 30 races.
9 of those races were won by the top rated horse, which gives us a strike rate of 30%
Interestingly enough, 50% of all races were won by a top three rated horse.
Diamonds and Gold
Sandown - 14:40 - Good Fortune - 2nd
Beverley - 14:50 - Northern Lyte - 2nd
Kelso - 16:10 - Aye Right - 1st @ 2.50 ISP (2.56 BSP)
I've noticed that, when our Diamonds and Gold selection doesn't come first, it often comes second.
Thus, there might be a strategy for place betting (on Betfair) rather than (or,as well as) win betting. I need to do some analysis of this based on historical results.
Yesterday, had you done just that, these would have been the results...
Sandown - 14:40 - Good Fortune - 2nd - Betfair Place Price = 1.32
Beverley - 14:50 - Northern Lyte - 2nd - Betfair Place Price = 2.28
Kelso - 16:10 - Aye Right - 1st - Betfair Place Price = 1.52
5.12 points would have been returned.
After a 5% deduction for commission has been taken out that leaves 4.864 points.
Thus, we would have had a 100% strike rate with 1.864 points profit on our 3 points staked.
That equates to a POI (Profit on Investment) of 62.13%
I'll do some work on seeing how that plays out long term. Even if you prefer win betting, a profit is a profit no matter how it comes in and, if your place betting profits pay for your win bets, then your ahead of the game.
Something to make you smile...
She gets into the cab, and notices that the VERY handsome cab driver won't stop staring at her.
She asks him why he is staring.
He replies: "I have a question to ask you but I don't want to offend you."
She answers, "My son, you cannot offend me. When you're as old as I am and have been a nun as long as I have, you get a chance to see and hear just about everything. I'm sure that there's nothing you could say or ask that I would find offensive."
"Well, I've always had a fantasy to have a nun kiss me."
She responds, "Well, let's see what we can do about that: #1, you have to be single and #2, you must be Catholic."
The cab driver is very excited and says, "Yes, I'm single and Catholic!"
"OK" the nun says. "Pull in to the next alley."
The nun fulfills his fantasy, with a kiss that would make a hooker blush.
But when they get back on the road, the cab driver starts crying.
"My dear child," says the nun, "why are you crying?"
"Forgive me but I've sinned. I lied and I must confess, I'm married and I'm Jewish."
The nun says, "That's OK. My name is Kevin and I'm going to a Fancy Dress party."
Have a great day's racing!
As always...
My kindest regards
