The devil makes work for idle hands.

Looking back over my results for the past twelve months I find that my strike rate is 22%.This is keeping my head above water.

What I did find was,that almost all of my winners fell into the 1/1 to 7/1 range.

I wondered what % of winners in this range were available to me at the major venues over the past year.

I dont back odds on, but will go in at even money.I hate it,, but do it.

Anyway,I dont pretend that my data was sufficient to be deemed significant, but it has been a bit of a horror story.

I went to the first Saturday in the month at the major venues for the past year.I eliminated all of the odds on winners and everything over 7/1.Simply counted everything in between,added all of the weekly results and divided them by twelve.

Sydney gave me a chance to win in 67.3% of all races.
Melbourne 52.65%
Brisbane 56.25%
Adelaide 58.30%

On average out of all of those race meetings for the past year I only had a chance of backing the winner in 58.6% of the available opportunities to bet.

Of course I dont bet every race,but I still find those percentages to be a bit frightening.I would have eliminated the odds/on races automatically which would have improved my % chances.But in all honesty, there were not a hell of a lot of them.The roughies made up the majority of the 41.4% of races where my $$$ disappeared down the drain.

If I'm making a point I'm not real sure what it is,except that suddenly my 22% strike rate is starting to look very good.Before I conducted this little excercise I wondered what I was doing wrong.