Like with the sports services, I didn’t place one bet on the nags last week so there’s no performance update to be had. Instead, we’ll continue the theme for the week of taking a view on where we’re at halfway through the year.
It’s all a little weird with the racing portfolio at the moment. The overall ROI is at an absolutely outstanding 40%, and the ROC at 42% (remember my target for the full year is bank growth of 50%!). And yet we have Bet Alchemist and Northern Monkey running at -13.5% ROI and -22.5% respectively. With The Value Bettor contributing just 1.4 points of profit before the National Hunt season came to an end in April, you can see just how reliant we’ve been on the quite outstanding performance of the Bookiebashing Racing Tracker.
The rate of return from the Tracker has been quite remarkable (104.2% ROI) and I am well aware that it simply can’t continue. At some point sooner or later I’m going to start to revert to the mean. What I’ve experienced so far is clearly positive variance, and it’s as important to ot get carried away by that as it is to not get too doomy and gloomy when the variance is negative.
Which brings me back round to Bet Alchemist and Northern Monkey. NMP in particular had a fine year last year, and I’ve no doubt the good times will return. It would be nice if the midsummer months saw a real return to the form we know Wayne is so very capable of. The same could be said for BA too. With these two services we have very experienced tipsters who have been in the game for a long time. That has to count for a lot, and I genuinely feel that it is simply a case of grinding away until the wheel of fortune turns full circle and we’re bringing in the profits again.
Let’s hope so.
Bet Alchemist (100pt bank): Staked 106pts, -14.392pts, roi -13.57%, roc -14.39%, High 0pts, DD -14.392pts, Max DD -24.338pts
Northern Monkey (80): Staked 174.75pts, -39.322pts, roi -22.5%, roc -49.15%, High 0pts, DD -39.322pts, Max DD -40.047pts
The Value Bettor (40): Staked 9.75pts, +1.46pts, roi 14.97%, roc 3.65%, High 2.71pts, DD -1.25pts, Max DD -2pts
BB Racing Tracker (100): Staked 175pts, +182.363pts, roi 104.2%, roc 182.36%, High 0pts, DD 0pts, Max DD -13.388pts
Racing Totals: ROI 40.24%, ROC 42.01%
