Racing Service 1 had just one bet over the weekend. It was a non-runner.
This kinda summed up the month as a whole for the racing element of the portfolio. A nothing month, with racing being adversely affected by the weather meaning general turnover was down. Certainly the profits were.
I do wonder if the dearth in quality of racing had a negative impact on the tipsters too. There were times it felt depressing when looking at what racing action was scheduled for the day. National Hunt flat races at all weather courses? Doesn’t set the pulse racing, does it? And I think it’s an accepted argument that the lower the standard of horse, the harder it is to predict its performance. I could be barking up the wrong tree, but it is one possible explanation for why the racing this month failed to deliver the goods.
I thought this quote from Wayne at Northern Monkey summed up the month very well: “We’ve been trying to make a silk purse out of sow’s ear given the substandard AW fare on offer lately (lots of small fields/low grade action).”
Let’s consign January to the bin, soon to be forgotten as we begin the countdown through February to March, and the Cheltenham Festival. Can’t wait.
Bet Alchemist (100pts):Staked 19pts, -7.288pts, roi -38.35%, roc -7.28%, High: 1.15pts, CDD: -8.438pts, Max DD: -8.438pts.
Northern Monkey Punter (100): Staked 35.45pts, -8.425pts, roi -23.76%, roc -8.42%, High: 1.687pts, CDD: -10.112pts, Max DD: -13.548pts
Precision Value (200): Staked 56pts, -8.777pts, roi -15.67%, roc -4.38%, High: 1.792pts, CDD: -10.569pts, Max DD: -15.444pts.
Racing Service 1 (50): Staked 3pts, -0.5pts, roi -16.66%, roc -1%, High: 0pts, CDD: -0.5pts, Max DD: -1.5pts.
Racing Portfolio: ROI -23.48%, ROC -5%.
*ROI – Return On investment, ROC – Return On Capital (ie. bank growth), CDD – Current Drawdown, Max DD – Maximum Drawdown
