Is one winner enough? - Maybe it is :)

Morning All,

Frustrating old day but the ratings got out in the last for a decent profit with a nice priced winner.

Here's the results

Race 1

SUBTLE COVE (6) $3.5 (No bet)
BEAUCOUP (2)$3.5 3rd Lost $28
TIPSY PIGGY (4) $8.2 (No bet)
RAISE (1)$8.9 (No bet)
ILLUMINATES (5) $17.9 Won @ $6.30 (No bet)

Race 2

LUSTRE LADY (1) $2.0 Lost $50
DANEHILL SMILE (2)$7.3 Lost $13
ESPURANTE (5)$16.3 2nd (No bet)
BELONG TO MANY (4)$17.8 Won @ $4.20 (No bet)
RIO OSA (9)$25.9 (No bet)


Race 5

MACKNUCKLE (5)$2.5 Lost $40
WITTGENSTEIN (2)$4.8 (No bet)
BOPALULA (12)$22.7 Lost $4
FOR CRUYFF'S SAKE (10) $27.3 (No bet)
ENZEDEX EAGLE (9)$27.4 2nd (No bet)


Race 6

SERENISSIMA (5)$2.3 Lost $43
GEARED UP (1)$15.1 Lost $6
JUDGE ME NOT (4)$20.2 (No bet)
COURT (8)$24.4 (No bet)
AHDASHIM (NZ) (7)$24.9 2nd(No bet)


Race 8

KEEN COMMANDER (2)$3.1 Lost $32
FANTENE (8)$5.4 3rd Lost $18
DISCIPLINED (3)$8.5 (No bet)
HOYSTAR (9)$21.7 2nd (No bet)
GOLD TRAIL (12) $24.3 (No bet)


Race 9

LONE COMMAND (6)$2.6 Won @ $11.60 * 38 = $440.80
TRIPLE DOWN (11)$11.1 Lost $9
ABSENT FRIENDS (2)$12.4 (No bet)
JEDBURGH (NZ) (12)$18.1 (No bet)
GURU (3)$18.4 (No bet)

In $440.80 Out $281 Profit $159.80

Overall - I've done up a spreadsheet of results from back in January when I started the ratings BUT have built it to include the top 5 rated in each race to make it balance out. Unfortunately I can't just cut and paste the results in so will just post the key figures - N.B - I've been rounding down to the nearest whole dollar where as the spreadsheet multiplies by the actual figures. So they are out a little but accurate enough to give a guide to how things are going. If I was to bet on Betfair I could bet the actual amounts as per the spreadsheet.

So after 8 weeks and 59 races

Out - $3179
In - $3422
Profit - $242 (POT 7.61%)

The exotics

Quinellas - plus $181 (POT 30.75%) - cost $10 per race
Exactas - plus $242 (POT 20.47%) - cost $20 per race
Trifectas - minus $164 (LOT 4.64%) - cost $60 per race

So some very interesting numbers - most would say you need at least 1000 races to have a decent guide but I think 100 will give me an indication if I should continue or not - I would love to be at 10% profit on turnover (POT) by then but would be happy with anything above 5%.

Wait and see I guess, if I pull my finger out and do both Sydney and Melbourne from now I should get to 100 races in the next 3 weeks or so.

Have a great week All

p.s. GO THE RAIDERS :)