Horse racing picks, odds, predictions and comments

Sunday, November 25, 2012

November 24 and overall recap

We did poorly with the four cards we handicapped on Nov. 24

  • 91 runners met our odds demands
  • 8 of them won, 20 placed and 34 showed.
  • Our return on bet was $68 for $91 bet, or 75%
That number, 75%, is more or less what you'd get if you bet at random. So our handicapping added no value on this day. The unusual spread between our win-place-show results implies that many of our steeds were good enough to win, but couldn't close the deal.

However, the overall results this fall are better:

  • 587 horses were ranked A, B,C or D and met our odds demands
77 won and returned 106%.
  • 452 horses were rated A,B,C or D but did not meet our odds demands
96 won and returned 77%

  • 967 horses were not good enough to be ranked.
42 won and returned 55%

... so with 2000-plus runners evaluated since Oct. 1, we're feeling pretty good about our ability to identify hopeless horses, and to parse out the better bets among those who do have a chance.
Onward!




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