| Dunbar |
12-21-2006 07:21 AM |
Quote:
Originally Posted by ateamstupid
I dropped about $1,500 on the year.. My last chance to bail out was BC Day, and you know how that went.
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BC day bailed me out for the year. I ended up profiting 7% on what turned out to be a light year of horse betting. That figure includes non-parimutual bets on futures and matchups, as well as the rebate at Pinnacle and the 10% win payoff bonus at 5Dimes. Also, there was a nice 15% payoff bonus promo at VIP/Gameday during the TC, and that helped. The +7% does not include expenses, which are minimal for me--just the DRF Formulator 4's for the days I bet. I didn't make it to a single day of live racing this year.
Most of my profit came from the parimutuals, which surprises me, because the vig on the matchups is as low as 3%.
Quote:
Originally Posted by DerbyCat
This thread made me do a little research which was actually very helpful for me... I used Pinnacle for most of the year and closed out that account by taking out about a $75 profit (without the rebates probably would have been down a couple hundred for the year). I opened a Bris account in October and LOVE the account history feature. I started digging through it and came up with the following stats/results:
In almost 2 months I have wagered a little over $1,700 and have a profit/loss of +$32 - that's pretty darn close to breaking even... not bad. I bet primarily on Bay Meadows and Mountaineer but had a few bets on almost every other track.
The stats I thought were interesting were the following:
At Bay Meadows, I had a win % of 29.95% with a $1 R.O.I. of $1.17 - obviously my best track (the thing that really jacked up my % was when Baze was going for the record - for the week before, his horses were going off at insanely low odds so the winning horses were having great payoffs).
My best stats overall are a win % of 33% for W/P bets and a $1 R.O.I. of $1.06 for Pick 3 bets... I was really weak with pick 4's and trifectas and I know that's because I just don't go deep enough... also, I really sucked at Aquaduct this year - I won ONE bet out of 50, but that cause I did too many p3/p4 without going deep enough.
The great thing about this is it's made me realize what my betting strengths and weaknesses are - I do pretty good picking a winner, and do ok picking three in a row, but other exotics are not good for me - I'm just too cheap to go deep enough to make it worth while.
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Looking for differences in how you did on various kinds of bets and various tracks can be interesting, but when you find differences, you shouldn't put too much weight on them. Your total number of bets cannot be very large, especially if you are betting Pick 3's and larger exotics.
Since you opened your BRIS account, you've done about $350 better than a dart thrower. That's something to celebrate, but at the same time, it's worth noting that a single payoff may have made the difference between looking like a dart-thrower and looking like a good capper.
I'm happy about my +7% on the year, but it's sobering to realize that my entire profit can be attributed to Thor's Echo in the BC Sprint. That keeps me from getting overly excited about my skills.
--Dunbar |
