2019 is over! It’s been a year that has flown by like Paco Boy thundering past his rivals in the 2010 Lockinge Stakes! The last twelve months were intense. Certainly on the betting front: a real roller-coaster year!
As in 2017 as well as 2018 I like to do a detailed review of my betting year: overall results, what worked, what didn’t work, plus key lessons for the new year.
2019 in numbers:
- 635pts Profit
- 20.09% ROI
- 336 bets
- 45 winners
- 13.39% Strike Rate
Overall it was a good year once more – the third profitable one in a row, with 9/12 months in green.
2019 was also about an ever increasing difficulty in “getting on”. My accounts with any high-street bookmaker are limited to cents now. Liquidity on exchanges for the low grade races I am usually interested in isn’t always a given either.
Nonetheless, compared to to other years I placed more bets than ever before, however, for lower profit and lower ROI than in 2017 and 2018. Which is perfectly fine – 20% ROI is plenty and any profitable year is a good year after all.
In reflection I have to be critical of myself as well because there were days when I simply gave in to my urge to have the bet because I somewhat fancied the horse without having all boxes ticked on my “checklist”. Something to address: no bet, no problem – my mantra, which I want to follow even more rigidly in 2020.
It was also a year where I missed out on some big scores. Some massive prices denied on the line – in fact my selections hit the post a whopping 80 times!
Turf delivers the goods: A 385pts profit! I was losing in this sphere last year so I am delighted to see my slightly revised focus on how to approach the turf paying off. UK only posted 485pts (without class 6 Handicaps, a massive 615pts!).
Highlight was clearly the 1000 Guineas victory of Hermosa at 16/1. The majority of winners came in the lower grades though, class 4 and 5 Handicaps – which really is no surprise as it’s always been my happy hunting ground. Windsor and Brighton turned out to be the most lucrative tracks.
1m & 2 furlongs: The mile and a quarter trip is a clear standout profit wise: 465pts+ profit, 9 of 26 successful bets – British racing provided all winners (of 20 bets, +515pts).
Jump racing: 275pts profit, thanks to another decent Cheltenham Festival, including 22/1 selection Al Boum Photo in the Gold Cup. City Island (11/1) landing the Ballymore was another fine winner during the Festival week.
Lately the French Diesel D’Allier’s success in a Cross-Country Chase at the Cotswolds venue helped boosting a profitable 2019.
I wanted to be much more selective here, as the last years taught me my knowledge and understand of the day to day world of jump racing is simply not good enough to make it pay in the long run. The bigger races, though, have always yielded a fair return as more data – and reliable data – is freely available that helps me to make quality calls on races.
The All-Weather: My bread and butter. A 15pts loss! To compare: 605pts profit in 2018. Something went badly wrong here. I don’t think my selections were poor. A lot of big prices hit the post. However I know that in autumn in particular I lost focus a bit and made selections there were not quite up to the high quality I would expect of myself.
Class 6 Sprinting: A total disaster. Regardless of the surface, a 200pts loss is a clear sign for what to avoid moving forward. Across the board from 5 furlongs to 7 furlongs, in the lowest grade I struggled badly. It’s such an issue in higher classes, though. Apart from the minimum trip, specifically on turf. These are trends manifested from years before as well.
25 losers in a row: Not a single winner in October – tough autumn. It’s those long losing runs that test your mentality as a punter. However it also shows how tight the margins are: if Delphinia would have got up in the super tight finish on British Champions Day it all would have looked a little bit different – a 25/1 shot denied on the line.
Hopefully another successful year. Potentially even more selective, with less bets and more quality, that’s the aim. Combining several different data points with my own form analysis will remain the method of choice in identifying potentially well handicapped horses, likely in lower grades.
If I can’t answer the question “Is the horse well handicapped” with a resounding YES I’ll revert back to “no bet, no problem”.
Avoiding class 6 races on turf altogether. Be properly diligent in my assessment on anything below class 5 on the All-Weather before placing a bet while swerving sprint races on the sand.
The odd group races will still keep me entertained. Speed ratings tend to hold up well in those competitions therefore they remain of interest in the right circumstances. I also enjoy writing more complete and in -depth previews of the big Group 1 races.
Become even more selective on Irish racing. Don’t get sucked into the excitement of the bigger meetings. I always struggled to make it pay.
Analysing horse racing is a lot of fun but also exhausting. What would I do without a good cup of coffee? This site would probably not exist. If you enjoy the content I’ll genuinely appreciate if you buy me a coffee. 🙂