January 7, 2011

2010 Review

Summing up 2010 for Winning Racing Tips is pretty easy, great first half, naff second half. But lets look at it in more detail starting with the returns.
The year returned a profit of 27.51pts. Below expectations, but not a million miles away from the 40 I’d like to achieve. But the overall profit doesn’t tell the whole story, as by the start of July we were actually 33.5 points to the good and on target for a bumper year.
The following six months weren’t all bad, but the disastrous July did the damage. July was -10.97 which was the worst month since March 2008 (-12.68) and the recovery has been slow with just 5pts profit from the next 5 months in all.

2010

What does all this tell me though? In truth, - not a lot that I don’t already know. I know that betting and tipping is a funny old game and will always turn around and bite you just when you think you’ve got it nailed.  I was acutely aware at the end of June that we had probably been lucky to doing so well, as the ROI was way above normal and that some sort of correction was probably due. But even so I was powerless to stop the rot in July. That said, the past doesn’t control the future, it can only give us pointers as to what to expect. I simply go about looking at each race on its own merits, which will always be the case. 
In July we had 17 unplaced horses from 23 with 5 placing and just 1 winning. That kind of performance, betting in the odds range we do, would actually be very hard to repeat if you tried to. So perhaps it is not worth dwelling on that too much.
The highlights of the year would have to include getting 4 winners from 6 selections in January, then at the end of March we had an each way double on Pendower and Caerlaverock that was advised at 2/1 and 11/4 yet produced a massive return when both started at 7/2 and went on to win. (We got the bigger odds due to the bookies “Best Odds Guarantee”.) A profit which was added to when the very next selection went in at 10/1!

Probably the high point for me was on the 15th June (my Birthday!) when we landed another each way double on two big races with Goldikova and Canford Cliffs.
The other memorable (for the wrong reasons) race was the Breeders Cup Classic when we were on Zenyatta for the 2nd year running, again at a silly price with Ladbrokes. She would surely have won that race given a better ride on the night. In doing so she would have cemented her place in the history books and in the process added 4.4pts to our profit for the year. As it was we got our money back from the place part but it left a sour taste in my mouth.
So in summing up it was another profitable year – and certainly not to be scoffed at. That’s 06,07,08,09 and 2010 I can put down as being profitable for my each way value backers! And whilst the total didn’t quite scale previous heights, it should have made for a satisfactory profit on the bank for anyone following with a reasonable betting fund. Again with the 40pt advised bank never really being under any threat, even with the terrible July.
Perhaps the big positive to take out of it though was the each way doubles (and trebles). I’ve already mentioned a couple of the winning each way doubles we had, but in selecting shorter, more solid doubles (priced in the Evens to 5/2 range individually) I seem to have stumbled across another route to profit that I’d been ignoring previously.
In fact I’ve just compiled a sheet containing just the each way multiples for the year and the results are quite astounding.

doubles/trebles

 So this shows that over half of the years profit have come from just 27 bets, and the return on investment on these was through the roof at over 100%. This certainly does add weight to the idea that I should be using increased stakes on these and also perhaps looking for more opportunities. 

I’m sure that this success is in large part due to being extremely selective with the approach, but certainly if I can increase the turnover whilst still getting anywhere near the same strike rate/ROI, then I’ll be happy. I will look to carry this on into 2011 and on this evidence I should be looking very closely for these opportunities.

Lastly the bonus bets.
Bonus Bets

Not so good this year with a 30% loss on the bank from 91 advised bets. The previous year we did see decent performance though with a 50% increase and I don’t think this published performance is truly mirroring my “other bets” that I have. This is because I often have bets close to the start of football matches and other racing bets that I don’t have enough time to include in the daily email. So, I will consider how I can get these “late bets” out to those that are interested and also look at other ways of bringing more quality to the bonus bets. I often have small racing bets which I don’t consider to be strong enough for the each way value account, or it might be that they are singles or other bets, I will include these as bonus bets this year.

So that’s another year wrapped up. 
I’d like to thank all of you for your continued support and helping to make Winning Racing Tips one of the foremost, long term advisory services. I know many of you are signed up for long term deals and I aim to give you very good value for your investment. If you’re not already on a long term subscription consider one of the options within the members area, and look out for another members only special price at some point. 
All the very best for 2011,

Paul Ruffy