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02-19-2020, 08:56 PM | #21 |
BetMix User
Join Date: Oct 2005
Posts: 2,433
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02-19-2020, 09:00 PM | #22 |
Grade 1
Join Date: Nov 2014
Location: The Villages, Fl.
Posts: 3,706
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Congrats Bill, nice work.
Mitch44 |
02-19-2020, 09:11 PM | #23 |
BetMix User
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Posts: 2,433
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02-20-2020, 09:28 AM | #24 |
Grade 1
Join Date: Jun 2010
Posts: 1,676
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Way to go Parts.
Keep up the good work. Rmath |
02-20-2020, 09:31 AM | #25 |
BetMix User
Join Date: Oct 2005
Posts: 2,433
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02-20-2020, 02:26 PM | #26 |
Grade 1
Join Date: Jun 2010
Posts: 1,676
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Rdiam and Parts.
I do not believe that racing is dying, but is only changing , which is progress ( I guess ) I have gone to playing the P-4 , P-5, and the P-6. Many of my hits are on small tickets like yesterday where all 6 of the winners were in my top two contenders. So even with several favorites on a ticket it is possible to make a decent profit if you pick and choose your playable days. Rmath |
02-20-2020, 02:42 PM | #27 |
Grade 1
Join Date: Apr 2012
Location: Valley Stream NY
Posts: 9,274
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Well put Richie.One must be very selective of races and tracks to play.
Tim
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02-20-2020, 03:13 PM | #28 | |
The egg man
Join Date: Jul 2008
Location: Carlsbad, California
Posts: 10,005
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Quote:
I have gone almost 100% to Pick 3' doubles and pick 4'sand Pick 5's I play with 2 or 3 partners, our tickets are in the $25- $35 range with 3 guys that means about 8.5 bucks a head.on the low end and 10.5 for a spread. Let the chips fall. We are winning as you are too. |
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02-20-2020, 03:22 PM | #29 | |
BetMix User
Join Date: Oct 2005
Posts: 2,433
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Quote:
Rich, Actually the game is changing as well as declining because over the past few years the total national handle has steadily declined, The reasons being many players choose to play from the comfort of their home. As well the short fields are not very appealing to many players. Another reason would be the cut back of racing days at many tracks which is caused by many small farms failing financially. This in itself cuts back on the number of horses that are available nationally. It is also well known that the 20% average "vig" on all bets adds insult to injury. It is obvious to me as well and many others as to what is happening to the game we love. I am not disputing your method of betting. If it works for you that's all that matters. It is possible you are the exception to the rule. However, in the "long term" your results may tell a different story. For me, contest playing is the wave of the future. The risks are a lot less with a smaller "Vig", the rewards are much greater and It's is affordable to most, depending on an individuals degree of participation. A talented and strategic player can make a lot more money playing contests then trying to eek out a minimal profit overall playing on daily basis. Take a look at what the top 70 finishers earned in the NHC final. I listed the link today on a reply to Ted Craven . See "Darmars" post about the NHC. Also while your at it, take look at the Breeders Cup Betting Challenge. There's gold in them there hills. It's all there for the taking. Who among us is up for the challenge? |
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02-20-2020, 03:26 PM | #30 |
Grade 1
Join Date: Nov 2008
Posts: 1,292
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Re: the original post
I seldom visit the site anymore due to my current state of health. It seems I stopped by at the right time, however.
I started keeping a database in 1997 and kept it for many, many years, as some of you may already know. Starting with my first year, one of the things I wanted to know was exactly what the original poster talked about. Although the original poster gave the stat base on $1 wagered, I did my research based on a $2 wager. It all amounts to the same thing. I can tell you that the information provided for year 2019 is NOT new. It did not happen all of a sudden out of the blue. In each and every year starting back in 1997, the return by betting $2 on each horse has been $1.53 (rounding either up or down). So although I am in agreement with the original posters assessment for the year 2019, based on an outside source's work, this has been the case for more than 20 years. It is NOTHING new. Be it smaller fields today or larger fields 20 years ago, the end result for this particular stat remains the same. Thanks for your attention and good luck to all of you.
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