TheSnapper's Start Bank: $198,00
Mr. Kelly's Bank: $2 853,59
Mr.Kelly's Start Bank: $20,00
Longshot Larry's Bank: $170,38
Longshot Larry's Start Bank: $100,00
Shannon's Demon: $1 766,62
initial investment: $1 778,80
profit: -$12,17
Total Funds: $4 517,68
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Well, everybody lost yesterday, the hardest hit was Mr. Kelly, who went 5/9 and lost -$351,21. July has been a dismal month so far and we are all stuck in a big holding pattern, waiting for a big winning streak. Our best streak in July was Mr. Kelly who hit 8 straight for a manly $753 profit from July 1-2. I hit 7 for a measly $84 gain from July 13-14. Longshot Larry, who should be rolling in massive winning streaks, slammed 23 straight for $42 on July 7-9. So, the streaks have been there...but what I want is the mother-of-all-winning streaks! (...and who doesn't?)
Seriously, though...losing periods are a time for reflection...particularly a look at the stats to see objectively how things are going. I felt better after looking over the stats from March to July. They show a healthy level stakes profit for all of us.
STATS SINCE 08.03.2011
The Snapper
Total Bets Total Wins Total Points Lost Total Points Profit Edge% Total Stake Total Profit Stake Edge%
632 421 -336,74 84,26 13,33% $19 003,10 $803,82 4,23%
Mr.Kelly
Total Bets Wins Losses Points Lost Total Points Profit Edge% Total Stake Total Pofit Stake Edge%
617 429 188 -303,83 125,17 20,29% $30 255,62 $2 741,76 9,06%
Longshot Larry
Total Bets Wins Losses Points Lost Total Points Profit Edge% Total Stake Total Profit Stake Edge%
232 199 32 -167,00 32,00 13,79% $673,36 $65,53 9,73%
(Sorry if the columns are not quite straight here, but you get the idea. The important point is that my stats confirm the Massey stats for returns on horseracing results. It's not clear exactly why Mr.Kelly has 6% better return at level stakes than I do, but it might be that he has a higher average lay price, although I am not sure why that is...it could just be a fluke.)