There is currently 1 person viewing this thread.
So ive been trying a new approach to my betting on the nags to see how well i really do on the national hunt in Britain.
Ive been logging my bets in a spreadsheet, and have totalled 119 bets places.
Each bet, to keep it simple, totalled 1pt placed.
So total of 119 points staked.
Total returns are 234.64 points.
Im aware this is a small pool of bets and not really a great idea of long term probable profit, but in comparison to say high taylor on ATR, how does this compare?
Im sure i see his ROI are stated as like, 1.19, 1.34 etc..
What would mine be?
Thanks in advance to anybody who can be bothered to work it out for me.
Cheers and happy easter to all.
Ive been logging my bets in a spreadsheet, and have totalled 119 bets places.
Each bet, to keep it simple, totalled 1pt placed.
So total of 119 points staked.
Total returns are 234.64 points.
Im aware this is a small pool of bets and not really a great idea of long term probable profit, but in comparison to say high taylor on ATR, how does this compare?
Im sure i see his ROI are stated as like, 1.19, 1.34 etc..
What would mine be?
Thanks in advance to anybody who can be bothered to work it out for me.
Cheers and happy easter to all.
sort by:
Show
per page
Replies: 49
|
By:
Well you have almost doubled your money with each bet, TD23, so your ROI is 100%.
Could you please tell us how much it would cost to subscribe to your system and I will enthusiastically send on my bank details to you? |
|
By:
If you cast your net 12 times and catch 24 fishies , your ROI would be 100%.
more or less what you've achieved. |
|
By:
Unitedbiscuits haha that made me chuckle as thats exactly what my hopes and dreams are. A subscription service for tipping. Confident in myself but think too small a pool to get too carried away.
Maybe in 6 months if it stays the same ill accept peoples hard earned. Thank you for replying. Worked out as 119 horses backed. 21 winners 28 placed 70 losers Been very unlucky at times too. |
|
By:
TD, why don't you start a thread where you put your bets up pre race for 6 months...
Then we can judge for free how good you are, and I'm sure many will want to sign up |
|
By:
ROI = prophet = 115.64 / 119 = 0.971 x 100 = 97.17 ROI.
|
|
By:
Reg i might just do that.. followed horses all my life and know more than the average but still learning each day. Only sticking to british NH at moment although o do quite well on the all weather too.
A friend of a family memeber runs a succesful tipping site for other sports and his lack of a horse racing tipster on there prompted me to track my bets and see how i do Have a love for horse racing and always have. Would love to mKe something of it. |
|
By:
Good on you , TD
I was half being sarcastic as most try and avoid proofing their results before inviting subscribers, for obvious reasons, claiming great returns etc To have someone actually put up pre race selections for a period of time, so that potential investors can see for themselves before committing, would be novel Good luck |
|
By:
If you make more than 10% pr0fit on turnover for year after year then you are either one of the top propunters in the world ever, a mystic or a fantastist.
Where do I join? |
|
By:
Loper im definitely in all three of those brackets. Ill let you know in a few month.
Reg, if im honest id prefer that. In 30 years of backing horses ive never ever followed a tipster. Just my nose. Im not the trusting type and have read about all the scams regarding tipsters and their methods. The first day i started tracking them i had a big profit so the following day i started sending them each morning to my old man, as i didnt think anybody would believe me. Hes the most sceptocal man on the planet and even he is picking up his interest. Haha. Im not too clever on the computer but if i find out how, ill upload the spreadsheet so people can see the bets so far. |
|
By:
TD, not interested in the bets so far. please post tomorrows winners tonight.
|
|
By:
Loper. Tomorrows winners are chosen tomorrow morning at around 11am whilst im eating my toast, drinking my coffee and poloshing my crystal ball. Tis my system i speak. Timing and coffee crucial
|
|
By:
TD23 05 Apr 26 22:23
A friend of a family memeber runs a succesful tipping site for other sports why would enniwon sell a golden goose? |
|
By:
OK TD, I'll set my alarm for 11.15am.
|
|
By:
Loper, as youve replied a few times you can have an early glimpse into my thoughts on the first race of the day for my system purposes.
2 oclock at plumpton, i think the wise traveller may give local derby something to think about, at a bit of a price. But no decisions made until liquid forms. |
|
By:
Rico, its not the goose you have to sell im giessing. Just the eggs. Keep the goose.
|
|
By:
I don't like the sound of not getting your selection until " liquid forms"...!
|
|
By:
Reg, i meant the coffee. But... if the wise traveller is a little bit bigger of a price in the morning id be backing that. A big factor in me making a selection is based on value. If it doesnt, i think the bet worth having is the favourite.
As stupid as it sounds i dont always back the horse i think will win. Often ill lose my bet but the horse i think would win, will win. I trust in my judgement in value. |
|
By:
tipsters = conmen
|
|
By:
|
|
By:
Don't know what happened there.
  Anyway, I'm with rico on this. I think "conmen" a bit strong. Attention-seeker? Maybe ? But if TD23 is for real, why not ? I suppose. |
|
By:
Perhaps th eacid test, and the biggest challenge with any of this is putting the selections up when it matters.
Put yer tips up here daily on one thread and watch it potentially go pear-shaped when the pressure is on to deliver. One thing popping them onto a spreadsheet 5 mins before the race goes off (and the market has formed), and delivering them to an audience. |
|
By:
Still bugs me that hardly anyone understands the difference between a tip and an opinion
|
|
By:
Ericster, i happen to agree with rico, most of them are. If i had a big enough pool of people to send tips to, theres ways of guarenteeing i send some of them 4,5,6 winners on the bounce. The first email 20% will get winners, of those 20% another 20% will get winners in the next email and so on.. they are connen some of them. Eone i see on social media are laughable.
Im doing this to see if i genuinley do know my NH as well as i think i do. Maybe not today as ive plans with the kids today so wont be as on the ball so much, but i will post consistently to here to see how it goes. |
|
By:
The Arthur Daley Private Phone Service?
Anyway, the kettle's on and the coffee will soon be brewing. |
|
By:
I'm rather surprised that the OP can crack one
of the hardest games on Earth, but cannot work out the ROI tbh. |
|
By:
Does the OP state whether he bets win only, more than 1 horse in a race or bets EW?
|
|
By:
Saddo, i can work put ROI in the way everybody else has advised on here but originally i was wondering how the likes of hugh taylor calculates his at 1.2, 1.4 etc.
Im aware ive near doubled my stakes. Am capable of doing calculations and even bright enough to as AI tp work it out. But its never in the same form as the way the display on atr.. ive been given it here as way of percentage and decimal. HT is by displayed as decimal but is evidently better than mine when im sure he doesnt post near 100% returns or over, year on year. Im presuming my ROI in atr terms would be 1.97. Is that right? |
|
By:
Stewart...
At present i keep same stake plan for ease then when i have a big enough spreadsheet, ill be giving to my bro in law to analyse and see what results would have been if say i backed horses over 10/1 ew, if i doubled up stake on shortys etc. My bro in law for what its worth, works in analysing stats and spreadsheets. But for now its as simple as 1 point win on all horses and i generally back one horse only in each british NH race per day. Some races i dont pick a selection if i see no value. |
|
By:
Ok, so your figures are to a 1pt win stake, which mean your winning selections have an average SP or price you've taken at about 11/1 as i see it, is that about right?
|
|
By:
Sorry, nearer 10/1.
|
|
By:
TD, your last post a bit surprising...you're gonna make a selection in nearly every British horserace every day?
I think the more successful people perhaps have a lot less selections? But, it's your call, stick em up pre race on here and we'll see Good luck |
|
By:
Have posted todays that i have put on. In a seperate thread.
Yes Reg a total different approach. I find works better for me. Only NH though. Not flat or aw. Ive never understood the approach they take of one or two selections per day. Ill answer this properly later as i havent time to get down my thoughts now. But yeah i personally think picling one or two horses per day is a bad way to go about it. Id sooner fish with 30 rods than three. |
|
By:
good luck with it td23 ......not having a pop but if you are that good why would you need the extra money from "subscribers "?.ok i spose you can never have too much money but having to tip winners will heap pressure on you ,most punters are impatient and want a regular supply of tips and of course winners what about if you dont fancy anything for 2 or 3 days ?. if you can handle the pressure and still produce the goods then give it a go !
|
|
By:
Foyleswar
I really dont think im 'that good', and to be fair im not driven by money. More about being right if you know what i mean. I mentioned doing for a living as that wpuld be a dream come true to somehow making a living through horse racing. My job is a hard one and very physical and im getting older and lookkng to get out of it. I really dont care for money and possesions and it drives the people around me crazy at time. Im happy to be happy and money makes little dofference in my happiness. But i know i live in a world where money is paramount so i play ball. Believe me id love to live in a mudhut and catch my own food. Im that type. But my mortgage company wouldnt be happy and neither would my kids. The dream is a long long way in the future i think. Ive definitely not cracked it although at times over the years ive made more from my betting than i have from my job. Basically seeking value. Always got to be value. |
|
By:
Google ROI….
Job done… Calculator there if required…. |
|
By:
Formofthece. Read my eply to addo.
|
|
By:
good luck td23
|
|
By:
TD23...sorry to say but you sound a little naive.
Do you not think there have been thousands and thousands before you who have had the same ideas and hopes, only to have them dashed by just how hard backing horses for a profit is? I did in between ages 25 and 30!! ROI's like you have returned are impossilbe to maintain. Most professionals backers both now and in the past - and there are / have been VERY few real pro backers, do not work in the way you probably imgagine. No, they turn over huge amounts of money and aim for a small percentage proft from that. They back a number of horses in the same race and work a profit in this fashion, trying to pick the right races to land on. I should know, it has been my method since 2013 when I went full time. But, even then, I was 52 and had made a lot of money in business. Hence, my circumstances allowed me to indulge my love of backing horses. I suspect your circumstances do not yet alow you the same indulgence. So, I hope the following will be of greater help than talking about ROI etc. (And. BTW, ROI is Return On Investment, not how many winners against how many bets. So, if you turnover £100,000 in a year and win £5k, your ROI is 5%. Of course, if you only started with £5k and turned that over 20 times then your ROI is actually 100%.) A final piece of advice is this: If you are enjoying a great run at present, or in the future, devise a careful staking method where you gradually increase stakes as the run progresses, BUT you always set a profit figure that, when you arrive at, you stash the profits away and go back to your original stakes. You wil last longer like that and have a bigger bank to fall back on when things go poorly. Naturally, many of the 'death or glory' boys on here will hate that idea but ALWAYS remember this: There are bold gamblers and there are old gamblers, but there are very few old AND bold gamblers! Good luck. PS: You will always hear people say, like on this thread, that why would you want to sell your tips if your selections are so successful? I understand that ponnt of view, but those who think it do not really understand business. Any business would, ideally, like to have more than one income stream. So, a backer who sells tips wil probably already be on at the best prices before they release their selections. Or, if they are that good they might not be able to get on easily and need to sell their tips as reward for the selection ability rather than backing them. |
|
By:
ewe wudnt sell a goldmine thats full of gold..#FACT
|