Wednesday , 23 April 2014
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Making Sure Everything’s In Order

As we are coming towards the end of the year it’s a good time to make sure that everything we have is in order. It’s only going to be a short article today as I’m sure you ‘ll want to get back to the seasons festivities.

At the end of the year it is a perfect time to look back over the last twelve months and analyse your results. When you’ve had enough of family entertainment and are looking for a break, you can take yourself somewhere quiet and put together your game plan for the new year.

The first thing we want to check is our overall profit or loss. Make a note of it and then break your selections down into different race types. Make a note of which race type you are performing better in and which you are performing worse in.

Now you want to repeat this process for…

  • Strike Rate
  • ROI
  • Impact Values (optional)

If you have time you can break these results down into more specific race conditions including course, distance and going. Once you’ve done this you will have in your hands the information you need to blueprint your betting plan for the new year.

First of all start with ROI and look to see which race conditions are producing the best ROI. Write down a list of the conditions from best to worst. Then repeat this with profit.

Now we want to compare profit to ROI. Depending on the number of selections, take the top third best race conditions you are performing best in and you should find that this covers most of your best profits from both profit and ROI. These are the race conditions you are going to be betting more on in the new year if you have already been making good profit from them so far. If you haven’t made a profit from them, then these are going to be the race conditions you’re going to focus on in the new year. You are closest to being successful with these race conditions and in the new year focusing on them will bring them into profit.

The middle third of your best performing race conditions take as the ones that need work. If you are already making profits with your top third then your focus in the new year will be on the middle third. It is going to be your goal to bring these into profit in 2013.

And everyone should discard the bottom third. You have more than enough race conditions to concentrate on with the top two thirds and we want to maximise these before bringing in any more.

Have a great Christmas and Happy New Year

Michael

About Michael Wilding

Michael started the Race Advisor in 2009 to help punters improve their betting profits and think outside the box with their betting strategies. To date he has written over 450 articles on the site and recently started UK Racing News which has become a leading news site for horse racing in the UK and IRE. Check out my personal blog or my Google+

2 comments

  1. Michael may I wish you & your family A Happy, Safe and Prosperous New Year.
    Another informative piece as usual, thank you for your valuable time & thought provoking articles.

    Regards
    Joseph

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