Tag Archives: loss

Racing Tips – Nick Hardman

Today we have my favourite column of the week, the Nick Hardman – Betting Insiders column.

Before I hand you over to Nick just to mention that there is a qualifier from the Tongue Tie system, which we are paper trading currently and that's 16:15 Sandown Paddy The Stout.

If you enjoy Nick's columns as much as I do then do check out the Betting School Insiders Club where you can enjoy more of his wisdom.

Here's Nick…

We have jumps racing at Fakenham and Sandown today and Nicky Henderson’s runners might be worth a second look in the betting markets given his record at both tracks.

Since January 2011 he has sent 30 runners to Fakenham and 13 have won. However, backing each of those runners to level stakes would have resulted in a very small loss at SP.

Dig a little deeper and we find that his Fakenham runners are 1-6 in chases, 8-19 in hurdles races and 4-5 in bumper races.

Taking a closer look at the hurdlers we find they are 5-10 in novice races, 2-5 in maiden races and 1-4 in handicaps.

He has the following entries at the time of writing:

1.45 Medieval Chapel (Beginners’ Chase)
3.25pm Clean Sheet (Novices’ Hurdle)
4.35pm Clemency (Mares’ NH Flat Race)

At Sandown, Nicky Henderson has had 35 winners from 145 runners in the last 5 years at a strike rate of 24% and shows a level stakes profit of £36.07.

His hurdlers are 26-95 (27% strike rate) and show a profit of £47.72.

He has won with 8 of his last 18 hurdlers at the course for a profit of £27.69.

The Barry Geraghty/ Nicky Henderson partnership has teamed up for 17 hurdle winners at Sandown from 42 runners at an impressive strike rate of 41% and a level stakes profit of £41.12.

Nicky Henderson has the following entries at Sandown today:

2.30pm Broxbourne (Geraghty) & Hel Tara (Mares’ Novice Hurdle)

One of the feature races of the weekend is the Grand National Trial at Haydock.

Last Friday our trends analysis identified Violet Dancer as a likely candidate for the Betfair Hurdle and I am hoping for more of the same this weekend.

The key trends are a win over 3m or further, aged 9yo – 11yo, not raced in the last 31 days, raced over 3m 5f or further, a top two finish LTO and trained by Paul Nicholls, Lucinda Russell or Venetia Williams.

In addition, only 3 winners since 1997 have carried more than 11st to victory on soft or heavy going.

There is one horse who ticks all the trends boxes apart from the trainer box and that is Harry The Viking.

He has not won since his novice days from where he went on to finish runner-up to Teaforthree in the National Hunt Chase at the 2012 Cheltenham Festival.

That run earned him a rating of 143 and he competed in the Scottish National, The Hennessy and the Grand National after that.

However, he failed to build on that early promise and his mark plummeted to 122.

Off that mark he ran his best race in a long time when runner-up to Lie Forrit last time out when 2lbs out of the handicap. He has been raised just 2lbs for that effort.

Haydock Grand National Trial – Harry The Viking @20/1 (e/w)

At that price he would be the biggest winner since Rambling Minster @18/1 in 2009 but Rigadin De Beauchene won this @16/1 last year and 8 of the last 12 winners returned SPs of 10/1 or higher.

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Recovery staking a TABOO subject?

Today we have our regular Wednesday wisdom from Malcolm Pett, we also have selections for both the Headgear and Tongue Tie systems. Here's Malcolm…

Recovery staking for me has always been a taboo subject.

I have tried it in the past and lost a lot of money doing so.

When you mention recovery staking most people think about putting all your losses on the next bet and that’s the one to be AVOIDED at all costs.

Obviously a conversation about any form of staking needs a disclaimer…

Don’t do it unless you are fully aware of the cost!!!

Also there isn’t a staking system ever thought up that will allow you to make money from a system that doesn’t consistently make profit.

But I use one I actually call “Help recovery”.

It doesn’t usually recover all your losses but it seems to help.

I call it “1234..etc” staking and it works simply by…

“Increasing your stake by your ORGINAL stake every time you lose”

There are a few of things to clarify here…

It’s not doubling your stake (although bet 2 makes it look that way).

It won’t work with systems that don’t have a high strike rate.

The further you go into the sequence the less likely you are to recover your losses.

You need a stop loss setting.

Here is how it works.

1 is your original stake.

If you lose you go to 2 which is your original stake multiplied by 2.

If you lose again you go to 3 which is your original stake multiplied by 3.

And so on.

If you lose on 7 then you would have lost 28 points of your bank.

And you will need a 4/1 winner just to break even.

Which will be unlikely when used with a high strike system that this idea works best with.

So why use a staking system that won’t recover your losses?

With high strike systems you tend to get a mixture of very low prices and odds on prices.

You don’t tend to have long losing runs and so when this system does kick in it can often be for only 1 or 2 selections and the odd higher priced winner just seems to help boost up the profits.

I find with some systems this can be an extra 10 or more points a month.

A couple of tests we have been doing over at the Grey Horse Bot website have results sheets showing how this works.

Click here for an example.


Again please be warned that staking isn’t for everyone and you need to be aware of the risks.

I tend to use 7 as my maximum with this system and realise that if I hit that…

…then it is a month’s (or more) profit down the drain.

Also when using staking select a stake lower than you normal would.

1% or less of your bank.

Thanks
Malcolm

http://greyhorsebot.com

System Selections

With both of these systems I'm still paper trading, but I wanted to post the selections so you can follow along with the live test.

Tongue Tie System

14:55 Chepstow – Nervous Nineties – 150/1 Coral

First Time Headgear

14:35:00 Down Royal – Reality Dose – 16/1 Bet Victor

Today's Selection

14:20:00 Chepstow Champagne Express – win bet – 3/1 Bet 365

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Tongue Tie Research

You'll remember that last week I mentioned the Geegeez article that talked about the use of tongue ties and how a horse needs a few runs with a tongue tie before they will let them self go.

The theory being that the horse still thinks that it's tongue will get in the way and is worried it won't be able to breathe and so doesnt give all.

But after a few runs with a tongue tie it starts to realise that it doenst have tongue problems anymore.

So I've been doing some research.

First off some facts. All horses wearing a tongue tie for the first time in 2013 & 2014 produces the following big losses.

Runs = 3959
Wins = 319
Strike Rate = 8.06%
Loss at iSP = -1335.24
ROI = – 33.73%

So it seems that wearing a tongue tie for the first time is a negative factor and the losing ROI is such that maybe it has the makings of a lay system.

Then it occurred to me that the reason that the horse doesnt perform well first time out with the tie is because it is still worried about a previous experience with breathing and doesn't realise it will be ok with the tie.

But surely there are some trainers that use the tie at home and get the horse used to it and trusting it before they ever go racing with the tie on and that maybe there are trainers that win first time-out with a tongue tie.

So I had a search for trainers who are profitable with first time tongue tie wearers.

And I found some.

For example Rebecca Curtis had 22 starts over the two year period that ran with a tongue tie for the first time.

Seven of those won for a 32% strike rate and they made an industry SP profit of 5.86 which is a 27% ROI.

Charlie Longsdon had 32 starts and 8 wins and an industry SP profit of 20.3. Which is a strike rate of 25% and an ROI of 63%.

I've selected the best performers from 2013/14 and checked their 2015 performance and a good profit has been made so I'm going to run this as a system live for a while and see if we have something worth following long term.

Today's Selection

2.30 Wolverhampton Kalimantan – win bet – 11/8 Bet 365, Paddy Power

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Odds On National Hunt Jockeys

Our odds on All Weather jockeys that we posted last week are nicely in profit, with the trainers showing a small loss, of less than one point.

Early days yet for those and time will tell if they do as well as the flat odds on jockeys and trainers.

Today carrying on the theme I have an Odds On National Hunt Jockeys system for you.

The rules for these are to follow them only during the main National Hunt season from October to March and to back them when their ride starts at 6/4 or shorter.

The results for 2014, which will be the end of one season and the beginning of the current season were as follows…

Runs = 330
Wins = 199
Strike Rate = 60%
Profit at industry SP =42.29
Return on Investment = 12.82%

The jockeys to follow are…

Jockey Data
Jockey
Byrne, Michael Cooper, Bryan J
Hutchinson, Wayne Johnson, Richard
Maguire, Jason Moloney, Paul
Mullins, Mr P W ORegan, Denis
Renwick, Wilson Reveley, James
Scholfield, Nick Skelton, Harry
Walsh, M P Whelan, Trevor

 

Today's Selection

4:20 Exeter Nitrogen – win bet – 11/10 Bet Victor, Bet365

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