Tag Archives: Back the Favourite

Greyhounds Backing The Favourite Day 4 (5th March 2024)

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.

Greyhounds Backing The Favourite Day 2 (3rd March 2024)

If you are following this series of posts you will know that after day 1 the profit from backing every favourite stands at a total of £13.41 with the best performing track being Doncaster with a profit of £4.73.
On 3rd March there were a total of 13 Meetings at tracks across the UK with the best performing track being Crayford with a profit of £5.12 This is in direct contrast to yesterdays loss of £3.85. If you remember from yesterday I touched on the race class figures and Open Races proved to be more profitable In this case Crayford was profitable in the Open Race category but If all open races throughout the day were backed by favourites there would have been a loss of £3.02. The most profitable race class was A7 which produced a profit of £5.71

As you can see from a screen shot of my Excel workbook I can also break down the distance within the race classes to provide a clear picture of which distance, track, and race class shows promise.
Once March 31st data is in I will make the workbook available for all
In the meantime keep reading the blog.

My total P/L for 3rd of March was a Loss of £3.42 making a total profit across the 2 days of £9.99