We have been operating now for three weeks and it is probably appropriate to complete an overview of our statistics thus far.
There have been 26 selections in this period, for 13 winners, 5 seconds and a third. That gives us a 50% winning Strike Rate. Our average winning price has been $2.49 giving us a Return On Investment 24.5% using level stakes.
After a blazing start nailing 5 winners in our first 5 selections, and 6 from the first 9, winners have been a little hard to find. Our goal here is to maintain a winning strike rate of over 50%, with an average winning price of over $2.50, thus ensuring member a consistent profit rate of over 25% at level stakes. This profit will improve if a more benficial staking plan is used.
Although we are close to being within the range of our goals, there is always improvement to be found. Our last 4 winners have all been $2.00 or under. Now this assists the winning strike rate but is a major detraction to our average winning price. So we will be attempting to find a few winners at good each way odds for our members.
We will continue to select the good things, however what we will endeavour to do is select a value runner as often as possible. As always, selections will be horses that are fit and in form. We will not select horses first up from a spell, nor will we select horses that drawn a poor barrier. Selections will always be trained by a well known, in form trainer, and will be ridden by jockeys who make fewer mistakes than than most. Our selections will also be for horses that are experienced at the distance and track conditions of the day. And we will not be making selections on rain affected tracks.
Yesterday we had three selections for two winners, Imagining & Snipers Bullet. Both were short odds but lived up to that expectation. We have given out three selections for our members for todays racing, one will be at nice each way odds.
We welcome any feedback from either existing members or potential members.
profselection@austarnet.com.au
Good luck and profitable punting to all.
Sunday, December 17, 2006
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