2022 Profit / Loss

[@TheGloriousUncertainty]

I love this Video Matt 👌 It’s true regarding the enjoyment factor… The thing is… it’s an art not a science and that’s what keeps our attention and enthusiasm. Thank you for all that you put into your business and of course the help Geegeez adds to formulating betting opportunities. Let’s all enjoy another year… Cheers Jeff

[@geegeez]

Thanks a lot for your comment, Jeff. Here's to a hugely enjoyable - and profitable - 2023! Matt

[@TheGloriousUncertainty]

Hey Matt, whilst I have your attention would it be possible to direct me to how the Jumps/trainers system is shaping up ? I’m really interested as to how it’s turning out.. many thanks Jeff

[@geegeez]

@@TheGloriousUncertainty If you're referring to TTS, Jeff, I'm afraid it's having an absolutely unprecedented shocker. I've reviewed all of the records of the trainers included, and looked at their place percentages; these are in line with historical performance, give or take, and so I'm pretty satisfied that I'd not have done the research differently. It's just the horses are not winning. The flip side is that, if the research still looks robust (with the caveat that sample sizes are, necessarily, small to tiny), then there might be some value in starting now. A further caveat, however, is, of course, caveat emptor! Matt

[@GaryWaters-fy3zt]

Fair play Matt, love your attitude to gambling. I always have fun with my racing, some seasons I'm ahead, others I'm behind but overall it nets to basically costing me nothing and gets me through the winter (I'm a Jumps man exclusively). Couple of questions: 1) Do you track each individual bet you make on a spreadsheet? I do and have found it useful in giving me insight into types of races that weren't profitable for me to punt in over time (novice hurdles especially). 2) On a related theme, if memory serves you posted a similar video after Cheltenham last year at which, IIRC, you posted a slight loss. From tracking my bets I came to realise the Festival has been a big lossmaker for me over time, whereas for example Aintree is the opposite. I've noticed (albeit I have only anecdotal evidence here) many pretty smart punters seem to be struggling to come out of Cheltenham ahead. Is that something you've noticed?

[@geegeez]

Hi Gary Thanks for your kind words and, on your questions: 1. Personally, I don't. I know I'd improve if I did, but I have a lot of action bets (which erode my bottom line but enhance my enjoyment), and I'd be spending too much time entering data if I added them all to the Bet Tracker. Perhaps I'll spend a month doing this religiously in order to get a feel for the good and bad, and how out of line with my perception they are. 2. I think with Cheltenham, or indeed any festival meeting, there are two key considerations. Firstly, pretty much every race is deeply competitive - or there's a very short favourite which can make the race less appealing from a punting perspective: that makes life trickier than normal. And secondly, we're talking about a very small sample of races each year, so it's perfectly easy to go a whole 28 race Festival without hitting a profit. Most handicap winners are double figure prices which demonstrates how difficult it it, and how long between drinks us punters can go. Hope that makes sense and adds some colour to your questions. Matt