RESULTS FROM SATURDAY

[grasscutter]

GP,

Well done.

6 winners from 13 bets, 1 scratching
46% win strike rate
153% profit betting for a win only.
$10 win bet on each would have yielded a profit of $199.

153% per week must be heaps per annum????

<font size=-1>[ This Message was edited by: grasscutter on 2002-06-01 19:26 ]</font>

[grasscutter]

I checked Equine Investor's 18 tips.

None of them won. Only a couple ran a place at skinny odds.

Poor investing. Almost as bad as HIH and Onetel.

EDITED.

Well done to Numerator for tipping Maltese Beauty - maybe some of these so-called investors should take your advice and treat racing as fun - which it is meant to be.

<font size=-1>[ This Message was edited by: quapi on 2002-06-02 20:27 ]</font>

[Ryan]

I believe the adage is "from chocolates to boiled lollies".

[becareful]

Grasscutter - I haven't disappeared - I just don't bet or spend much time at the computer on the weekends as I like to spend time with my wife and kids. My "system" works better during the week anyway - had a great week last week :grin:

GP - congratulations on the good result.

[grasscutter]

That's ok.

I would be interested in hearing Equine Investor's explanation for such a bad day though? 18 picks for 0 wins - something wrong with your system/method.

Everyone has bad days, but 0/18 is terrible.
Even an ordinary system should pick at least 1 or 2 out of 18.

[Equine Investor]

Hi guys....no I haven't jumped off the bridge just yet.

The strike rate from Saturday was woeful - no excuses.

One bad day does not a loser make, nor one good day a winner make either.

18 selections, one scratching, 17 losers was terrible, however I won't be changing anything as this was out of the ordinary and some selections ran powerful races and just missed out at good odds. As I say no excuses and I will be following up on some horses in the next few weeks.

[grasscutter]

GP must have been right.

What are the odds of buying 17 houses and they all got burnt down?

A punt must be a gamble.

[becareful]

On 2002-06-02 20:09, grasscutter wrote:

Everyone has bad days, but 0/18 is terrible.
Even an ordinary system should pick at least 1 or 2 out of 18.


Not necessarily Grasscutter - it depends on what types of bets you are targetting. My own system only gave me 1 winner from 32 bets last Thursday (with 24 straight losses) BUT I bet win only on horses paying between $8 and $20 so you have to allow for this type of losing streak. The other 3 betting days last week were all very good so I ended up well in front for the week. This is why I say that each of my individual bets is a gamble but my system is actually an investment - it gives me a positive return in the long run.

Happy investing/gambling :smile:

[Equine Investor]

Good on you becareful...that's exactly the right way to go about it!
Some members only want to see others lose and gloat about it if they have one winning day...that's a gamble!
You and I are of the same mindset, horseracing is a longterm investment, not a get rich quick scheme which is doomed to fail in the longrun.