Saturday, March 28, 2009

Penn Partial Results

Remember we are refining and perfecting our SPBr to get the best results in a system that can pick horses that w/p with 3-1 / 4-1 results. So we are learning to read the DRF and come up with horses that make the grade in our list.

Here are the partial results from Penn National 3/28/2009

Race #1 H1 won we hit for $2.60/p

Race #2 $0.00

Race #3 H1 won we hit for $2.40/p

Race #4 H5 won we hit for $2.60/p

Race #5 $0.00

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So far 5 races we are 3 for 5 60%

So we are ahead of our goal of 25% win so far, but it is very early in our system. Also we are picking short priced horses. But think of it this way. Find one race with a short price say place pays $2.40 So on a $2.00 bet we get back $2.40 for a .40cent profit. Notice I said PROFIT. The current thinking goes short prices are not worth a bet because the tracks take is to high. Yes as we are seeing a list of short price wins gets wiped out with one loss. But the object is to find that one win per card. Short or not one we can bet with certainty.

So our one win at $2.40 PROFIT can be it. After all 20% is 20% Instead of short prices lets look at percentage wins and percentage PROFIT. So with Penn we would not play the whole card. We would look for that one high prob win in the place spot.

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