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- December
Week 2 Discussion of Results
Here’s the report for the 2nd week of the new Bet Mirroring Syndicate launch just 2 weeks ago.
I wasn’t happy at all with week 2’s figures. Results were not as good as week 1 and the strike rate for win bets was lower. Nevertheless if you followed my bets exactly you would still have shown a handsome 38.22 Points Profit or £382.25 for £10 stakes (and a very handsome week’s wages of £3,822.50 at the full £100 per point stakes!)
It seems hard to believe we still made a profit after so may placed horses but the figures don’t lie. How is it possible to win on such a bad week? A brief examination may be helpful to guide you towards future profits.
Win bets.
There were 4 win bets but only 1 outright winner. (5 technically including the non runner Reclamation which has been removed from the totals to make analysis more relevant)
However if you look at the suggested stakes it’s obvious that the winner Scuffle was a better bet than the other 3 put together. 40 Points on Scuffle yet a total of only 16 points on the other 3 put together! I have spent years developing my unique Profit Maximiser staking plan and here is one of the clearest example why you will probably do very well simply following it to the letter.
Usually we get a spread of winners but last week was a bit unlucky and non of the smaller value bets came home at all. Nevertheless the win profit was still a handsome 39 points.
The point is to make a careful note of any BIG point win bets.
Each Way Bets
We were really unlucky with our each way bets. Betting horses at BIG odds of 11/1, 9/1, 8/1, 7/1, 5/1, 5/1 and 7/2 we didn’t land a single winner, although almost 3/4 were placed.
Rich Nomad was a 5 point each way bet at 8/1 and was then gambled down to 3/1 favourite! Sadly he unseated his rider making a very costly 10 point loss. Ouch! For most people that would wipe out their week as not many systems or semi Pro’s make much more than 10 point a week profit in a whole week!
In fact Tuesday was a disaster as our tiny win bet on Countrywide City also lost coming 2nd. Peas in a Pod was an each way bet, hit the front and was run out of it in the last furlong. Placed so only a minor loss.
Wednesday was a good day with a near MAX win bet Scuffle winning despite almost losing the jockey in the last furlong and getting headed! Superior ability saved the day. Reclamation was a non runner due to getting kicked so if you bet in cash make sure you get your money back. It’s automatically refunded if you bet on an internet or phone account.
Thursday saw another big each way bet placed (Golden Bishop) after being a massive gamble from 5/1 down to 11/4! … and looking all over the winner a furlong out.
Friday we had two good bets on Jazacosta at 7/1, 2nd after being gambled down to 4/1 and Everymanforhimself was a big each way play at 5/1 … but was only placed for a small profit as it was a 1/4 the odds a place race (1st 4 places)
On Saturday we had more close results and just missed out on a really big payday! Tine Team was a fantastic each bet at 11/1 finishing 2nd after being given far too much to do, one could argue a very poor ride.
I had one of my favourite and most profitable bets for you on Saturday, an each way double. The power of an each way double is you can still win even when both horses “lose”! In this case the 5 Points each way double returned a massive 27.2 points clearing a juicy 17.2 Points profit. Even though both horses were only 2nd!
The second selection in the each way double Mohanad came close to winning because he ran very green in the early part of the race and was all over the shop. In that last furlong the penny dropped and he ran on strongly catching the winner but it was too late. They finished a long way clear of the rest showing they were a class above the competition and both beating the favourite.
For interest if they had both won the bet would have won an amazing 287.2 points profit or £28,720 for my suggested 5 points each way at my £100 a point. That’s a proper win! You don’t need to pull off many of those in a year to make it a very good year indeed!
The last bet of the afternoon, Tanto Faz ran very well for a newcomer up against a red hot odds on favourite finishing 2nd. A couple of regulars rang me to say they read “between the lines” and had a forecast bet as a saver, the favouite to beat ours. Sorry I should have thought of that and texted it out to you. It was a smart bet and a mistake on my part to miss it. Come to think of it exactly the same applies to Time Team’s race (only beaten by red hot odds on fav) as well as the one we had last week) As you know not all odds on favourites win and it shows our information is spot on when we have beaten all the rest every time we’ve gone each way against one.
The last bet on Saturday was a big disappointment and turned Saturday from a good profit into a small loss. It’s unusual for our 10 point each way bets to run so badly. Connections gambled Romantic Queen down from 9/1 to 7/2 and yet she pulled way too hard in the race, refused to settle and then hung right as if she was in pain, possibly pulling a muscle? I would have preferred the jockey had let the filly run rather than fight her earlier. Trust me that she’s a lot better than that run and as long as she hasn’t suffered an injury I’ll be watching out for her if they put her in the right race next time.
That result and the unseating of the jockey in Rich Nomad’s race cost us 30 points between them. It’s amazing we made a profit at all with two heavy losses like that to carry.
Final thoughts are that the each way bets are hitting the frame well over 50% of the time … and even if you are not an each way investor it would probably make a huge difference to your betting profits if you start to consider them. Bear in mind we had a bad week … yet still cleared 38 points profit!
Looking forward to sharing some good winners with you over Ascot!