Sunday, December 15, 2013

Have I cracked the secret???

Hey All

Sorry it's been so long since I last posted - most of that time was spent just battling away the same as I have been for years. Lately however, well since Oaks Day to be precise, things have been coming together a little better - well in part at least.

Have I cracked the secret??? It's way too soon to say but I'm feeling good about how things are traveling so far with my latest approach.  Question of course is will the numbers stand up with a proper period of testing and application - so that's what 2014 will be all about, consolidation and real life testing to see how I go.

So, what's the new approach??? 

It's pretty basic really and combines much of what I've learned over the years about the punt and about myself. 

Simple rules - Sydney and Melbourne on Saturdays + feature race days only.  Betting 100 units per day or 5 units per race + 4 double up races each day (based on 16 races - double up races drop for each additional race on the card).

In each race I identify the main winning chances and back either my top pick alone, if it stands out, or alternative dutch up 2 or 3 runners to try and make a profit.  My required profit per race is at least 50% so I won't back anything at under $1.50 or so but when I back multiple runners I am aiming for closer to a minimum $2 overall. 

Results so far a pretty encouraging but blown out by two 100+ unit profit days on Oaks and Stakes Day to start things off.  Two losing days and two winning days since and I'm averaging around 37% profit overall.  I expect this to even out, the questions will be where and when - I'm hoping to stay in double figures but anything above 5% will make it all worthwhile.

Anyways, that's the basics - more to follow.  Come the new year I'll start posting more again including putting a couple of my best up each week for those interested in following them.

Thanks for dropping in - hoping this is the one :)

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