Day 4 started with my profit having been depleted once again down to £6.75 and day 4 finished with a small loss after backing all the days favourites.
In this post I am going to look at grouping the races into a spread of distances to see how each group of distances faired.
I am going to categorize the races into the following
Sprints – All races under 300m.
Middle Distance – 300-599m
Stayer races 600m and up
Lets start with what can perhaps be classed as sprints, ie all races under 300m
On day 4 there were a total of 32 sprint races run one of which (Oxford 12:01) where no bet was struck due to the odds of the joint favourites being identical at the 20 second point. So from 31 sprints 13 favourites won producing a profit of £3.31
Middle Distance races produced an opposite result from sprints as the loss was £3.87 from 110 races however of these there were 19 bets struck which failed to be matched for whatever reason which has exposed a flaw in the software which needs to be addressed.
There was just one stayer race which was at Monmore at 16:49 and this lost to a detriment of 70p stake money.
We now have a somewhat clearer picture of which races can potentially produce good results but this is from just one day
If we include the previous 3 days into our figures we find that a loss of £2.42 is produced from sprints
£4.21 profit from Middle distance races but this includes the non matching of those 19 races on day 4, and a loss of 83p from stayers.
I think that this shows the importance of collecting a large amount of data before risking bigger stakes, but we do have something to build on now and I look forward to analysing day 5.
Betornot 