Doc's Horse Racing Index doe Labor Day 2016:
First the Total's:
Over 64 Races posted at SBR. Winning tickets in 36 (56.3%) of them.
Exacta $3,120 In $4,587.20 Out +$1,467.20 Profit ROI = +47.0%
Trifecta $5,958 In $10,800.12 Out +$4,842.12 Profit ROI = +81.3%
Make no mistake there are ebbs and flows to horse racing. Whether its a track bias that isn't accounted for, or its just a day that the favorites seem to get us right at the wire on every race to cut into the profits. It's important to not wager more than 4% (3% if you can) of your bank on each race.
If you scroll to row 770 you'll see that my top 5 (Column "F") win at a 66.9% clip with place horse getting there 67% of the time. This hit rate is why I structure tickets the way I do. I have no fear of gamblers ruin, but that doesn't mean it can't happen. Good record keeping over the years has helped me weather the losing streaks, and point out weak and strong points in my handicapping. As you can see I keep track of all my races, and it's all right there for all to see.
Advice: Don't bet too early as I will drop a race from the list if the right scratches are made, or if the track conditions change.
NOTE: We have a lot of action today with nine races scheduled across six tracks. Arlington, Del Mar, Gulfstream, Louisiana Downs, Saratoga, and Woodbine.
Full Disclosure. Historically for me Louisiana has been BOMB city or flat on my face. This year I've had four races there with one winner. At Woodbine you can't bet $0.50 Trifecta's. The Canadians work in 20 cent intervals. I recommend $0.40 trifectors there today which makes Bundle #2 a $28.80 minimum, and Bundle #3 a $43.20 minimum.
Today is the last day for this spreadsheet as we move into the Fall racing season. Since I started sharing it here at SBR I've made over $6k in profit, and I hope today adds to that total. I appreciate the feedback over the last month, and I've taken that feedback and will add it to the Fall sheet to help others follow along easier.
Maybe an educating moment here, or maybe see it as advice. I know all of us love the action, and need to get down on every race. I do that for sure NOW. When I first started though I went through like all of us have (be truthful) lose my your bankroll moments. It's all part of learning, and how I established my the Bankroll I have now was that I had to use patience. Like today when we have nine races it can consume your account if you don't have enough in there. However you hate to miss out on any of the winners, but here's how I started to get where I am now. Maybe this will help some of you avoid the pitfalls I went through.
Back in the day (after I started tracking my work) I started out betting $20 ONLY win wagers when any of my top four ranks (A-D) were 10/1 or higher. Then I moved into only betting the exacta in those same races ONLY, and then eventually I graduated to trifecta's. Now I can wager on every race I believe the favorite is false. This is all a step-by-step process as your funds build. In today's world we want we want and we want that shit now. I'm all for getting your BREAD, but I'm also a fan of live to fight another day.
Okay I'm off my soap-box. If you can afford to bet every race you can than do so, but the Index is made for everyone no matter you account balance. Even if it starts out as the $2 win wagers. Just think outside the box a little as I've done all the historic research and work for you.
At the bottom of the sheet I have wagering bundles, and instruction tabs (3 tabs total). I've tried to come up with the best way to structure tickets for all budgets. I encourage everyone to read this as it explains how the Index works, and the bettor can get the best use out of it.
Play within your means.
URL: https://docs.google.com/spreadsheets...gid=1929474103
May The Winners Be Yours!!!!
Doc
Over 64 Races posted at SBR. Winning tickets in 36 (56.3%) of them.
Exacta $3,120 In $4,587.20 Out +$1,467.20 Profit ROI = +47.0%
Trifecta $5,958 In $10,800.12 Out +$4,842.12 Profit ROI = +81.3%
Make no mistake there are ebbs and flows to horse racing. Whether its a track bias that isn't accounted for, or its just a day that the favorites seem to get us right at the wire on every race to cut into the profits. It's important to not wager more than 4% (3% if you can) of your bank on each race.
If you scroll to row 770 you'll see that my top 5 (Column "F") win at a 66.9% clip with place horse getting there 67% of the time. This hit rate is why I structure tickets the way I do. I have no fear of gamblers ruin, but that doesn't mean it can't happen. Good record keeping over the years has helped me weather the losing streaks, and point out weak and strong points in my handicapping. As you can see I keep track of all my races, and it's all right there for all to see.
Advice: Don't bet too early as I will drop a race from the list if the right scratches are made, or if the track conditions change.
NOTE: We have a lot of action today with nine races scheduled across six tracks. Arlington, Del Mar, Gulfstream, Louisiana Downs, Saratoga, and Woodbine.
Full Disclosure. Historically for me Louisiana has been BOMB city or flat on my face. This year I've had four races there with one winner. At Woodbine you can't bet $0.50 Trifecta's. The Canadians work in 20 cent intervals. I recommend $0.40 trifectors there today which makes Bundle #2 a $28.80 minimum, and Bundle #3 a $43.20 minimum.
Today is the last day for this spreadsheet as we move into the Fall racing season. Since I started sharing it here at SBR I've made over $6k in profit, and I hope today adds to that total. I appreciate the feedback over the last month, and I've taken that feedback and will add it to the Fall sheet to help others follow along easier.
Maybe an educating moment here, or maybe see it as advice. I know all of us love the action, and need to get down on every race. I do that for sure NOW. When I first started though I went through like all of us have (be truthful) lose my your bankroll moments. It's all part of learning, and how I established my the Bankroll I have now was that I had to use patience. Like today when we have nine races it can consume your account if you don't have enough in there. However you hate to miss out on any of the winners, but here's how I started to get where I am now. Maybe this will help some of you avoid the pitfalls I went through.
Back in the day (after I started tracking my work) I started out betting $20 ONLY win wagers when any of my top four ranks (A-D) were 10/1 or higher. Then I moved into only betting the exacta in those same races ONLY, and then eventually I graduated to trifecta's. Now I can wager on every race I believe the favorite is false. This is all a step-by-step process as your funds build. In today's world we want we want and we want that shit now. I'm all for getting your BREAD, but I'm also a fan of live to fight another day.
Okay I'm off my soap-box. If you can afford to bet every race you can than do so, but the Index is made for everyone no matter you account balance. Even if it starts out as the $2 win wagers. Just think outside the box a little as I've done all the historic research and work for you.
At the bottom of the sheet I have wagering bundles, and instruction tabs (3 tabs total). I've tried to come up with the best way to structure tickets for all budgets. I encourage everyone to read this as it explains how the Index works, and the bettor can get the best use out of it.
Play within your means.
URL: https://docs.google.com/spreadsheets...gid=1929474103
May The Winners Be Yours!!!!
Doc
