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 3 (4th March 2024)

Going into day 3 I have an overall profit of £9.99 over the first two days of the trial. If you have missed these posts then they can be seen by cliccking the link below
Day 1
Day 2

there are also links at the bottom of the post.

Day 3 saw a total of 156 bets matched at betfair with an average stake value of 57p of which 52 dogs that were favourite 20 seconds from post time on betfair exchange went on to win their race. However this 33.3% of winning bets were not sufficient enough to produce a profit on the day. The figure was a loss of £3.24 – just 2 more winners would have seen a profit on the day.

The best performing track for favourites today was Suffolk Downs with a profit of £4.51 producing 7 winning favourites, 3 of these favourites came from trap 5 – another statistic which could help us in the future if you decide to pit wits in the trap challenge. but this is a subject for subsequent postings on this subject.

So after 3 days of the trial the 3 best performing tracks are
Doncaster (£5.87)
Romford (£5.24)
Clonmel (£4.10)
The 3 worst performing tracks are
Towcester (-£3.46)
Yarmouth (-£4.43)
Sunderland (-£4.52)
The full list is shown below

My total profit over the 3 days has now dwindled to £6.75 from £13.41 on day 1 (I wonder what the P/L would have been on the 1st of march if I had got my ducks in a row sooner. Having said that, making sure the software puts the correct bets in at the correct time is paramount especially if you are going to just leave it running throughout the day!

I am starting to build up some sort of data base now so I will begin to list best performing trap, distance and race class as we go along.

Best performing Trap (No of times trap Won over 3 days – not P/L)
Trap 6 (won 82 times out of 467 races over 3 days)
Best performing distance (No of Times favourite won over distance )
480m (Favourite won 30 times out of 70 races run over 480m over 3 days)
Best Performing Race Class
A7 – Favourite won 17 times out of 30 A7 races run over 3 days producing a profit of £10.52!
There were 7 A7 races run over a distance of 480m of which the favourite won 4 times producing a profit of £2.65 in the first 3 days of the trial.

As you can see the further I get into the trial I can build a picture of which race class and distance would be beneficial to focus on.

Next post Day 4