Appraisal - I

This will be my 'interest' for next few months. now I'll concentrate on Cat III races!!!

Let me remind the reader my method of calculating the win/loss account in this system of betting. When my selection is 3-5-1, it means that I prefer my first choice no 3 and will consider win/loss on this choice only ; (3-5)-1 means I’ll bet equal amount onboth the choices 3&5; (3-5-1) means I’ll bet equal amount on all the three choices 3,5 &1. I’ve calculated my win/loss under this rule till date and will follow it in future too.

I will calculate the win/loss by using bookmakers(Mumbai) odds against the race number in roman numerals ,e.g., III ( 6-2) means race number 3 and our selection have won at 6/1 and in the same race we lost our other 2 choices. For example, in race no. 3 our selection was (3-5-1) and horse no 1 won the race at odds of 6/1 then our result will show III(6-1-1) = +4 . I hope, I’ve explicitly clarified my system of ‘earning’ by betting on ‘all the races’ of the day!


Coming back to the battle ground. We have won + 1.1 units till 13 December 09 and we will start from there only.

Next day was Bangalore – 18 Dec 09. Following is the result of our efforts:
I(-1), II(-1), III(-1), IV(+ 5/2), V(-1), VI(-1), VII(-3), VIII(+12-4), tax(-1.4)
Net profit/loss = 14.50- 13.40 = + 1.10

Now we move on to 20 Dec 09 – Mumbai & Hyderabad.

Mumbai – 20 December 09
I(0 – no tip), II(-2), III(+13/10-1), IV(4/10), V(-1), VI (-1), VII(-1), VIII(+6-2), IX(+7/2-2), X(-1), XI(-2), XII(+6/4), tax (-1.8)
Net profit/loss = +12.65 – 14.8 = - 2.15


Hyderabad – 20 December 09

I(+1), II(-1), III( -1), IV(+6-2), V(+11/2), VI(+9/4), VII(-1), VIII(-1),
IX(-3), tax(-1.3)
Net profit/loss = +14.75 – 10.3 = 4.45

NET EARNINGS TILL DATE UNDER CATEGORY III
+1.10(till 13Dec) +1.10(Bng-18Dec) – 2.15(Mumbai -20Dec) +4 .45(Hyd 20Dec) = +4.50

What does this indicate ?

Betting during more than one month, on almost every race on every day at Mumbai, Bangalore and Hyderabad on about 200+ races you can still win !!!