12/15/2009

Performance Appraisal-III-an achievement

PERFORMANCE APPRAISAL – PART – III
One of my friend advised me to place a summarized analysis of my tips because the details are available on the site . My reply was that for a skeptical reader I’ve to provide the under mentioned info to prove my credentials (! ?) . Of course, it does provide a clear picture of my performance and the efforts.
This is the finale and I’ve to tell the final truth! I must start from 29th November – the date I ended the part II of my experiment, or research or exposition or the effectiveness of my system of handicapping.

29 November 09 - MUMBAI
Cat - I
B Spectacle-EW.. 1000/2000….0/4000…….1000
Cabriolet-W…..1000……2000…………….1000
La’dama-W……1000…..2000……………..1000
Tax………………………………………….(500)
Net Profit…………………………………+2000
Cat – II
R M’mories-W..1000…….1500…………..500
Tyumen-P.1200…………3000……………1800
Spica-EW 1900/3800…..5700…………….(5700)
Juventus…1000…………..0……………..(1000)
L’dama-W1000…………2000…………..1000
Tax…………………………………………(990)
Net Loss………………………………..(4390)
Cat – III
Net Loss…………………………… (-) 2.85
29 December - HYDERABAD
Cat –I
M Express-W..1000…0……………(1000)
C Ploy-W…..1000……..0………….(1000)
Tax…………………………..(200)
Net Loss …………………….(2200)
Cat – II
M E’ress-W..1000……….0……..(1000)
A Sq’re –EW1000/2000…0/3000…0
SAct-EW1000/2000…0/7000….4000
CPloy-W.3000……….0……….(3000)
Tax………………………………(1000)
Net Loss…………………………(1000)
Cat –III
Net Loss………………….(-) 10.70

03 December 09 – MUMBAI
Cat – I
Ari’cal-W….1000……..4000……..3000
Ares-EW.. 2500/5000…25000/19500…30000
Attila-W…16000…..29600………13600
Tax…………………………………(2450)
Net Profit………………………. + 44150
Cat –II
A’cal…1000…………4000………3000
S’light….2500/5000…0………….(7500)
Ares-EW 1000/2000…10000/5500…12500
Attila-W.7250……..13370………..6120
Chanakya-P..4000…..6800……….2800
Tax……………………………...(2275)
Net Profit…………………….... + 14 645
Cat – III
+ 14 645
Cat – III
Net Profit……………………..+ 2.5

04 December 09 -BANGALORE
Cat – I
NIL
Cat – II
T’mosis-EW..1000/2000….0/3200….200
MM’ries-EW..1000/2000…0……….(3000)
CP’rate-P…….1000……….0……….(1000)
Green/AD’tiny1000/1000….0/4000…2000
Tax…………………………………. (900)
Net Loss………………………… (2700)
Cat – III
Net Loss……………………………..(-)2.5

05 December 09 - BANGALORE
Cat – I
Aprillia-W 1000…………1500…......500
APrem-EW 1200/2400…4200/3840…4440
S’Land-P(5/2).. 3200…10700………7500
O’nality-W……4800…..0………….(4800)
Tax………………………………..(1260)
Net Profit…………………………+6380
Cat – II
A’llia-W..1000………….1500…….500
SQueen-W..1200………1920……….720
APrem-EW 1400/2800..4900/4480…5180
SLand-P..3600……….12600……..9000
O’nalit-W.5500………..0………….(5500)
Tax………………………………..(1450)
Net Profit……………………….. +8450
Cat – III
Profit……………………………+ 13.6

06 December 09- MUMBAI
Cat – I
HCrown-W 1000……..1800…………800
Churchill-W 1400……..2800…………1400
Tax……………………………………(240)
Net Profit…………………………. + 1960
Cat – II
FArrow-W1000………..0……………(1000)
HCrown-W 1000…….1800………….800
RGlory-EW 1400/2800…..0………….(4200)
SEmpire-W.1000……..1600…………..600
Churchill-W1300……….2600…………1300
HDolly……1600……….3600………….2000
Tax……………………………………..(1010)
Net Loss……………………………….(-)1510
Cat – III
Net Profit…………………………….. +0.2


10 December 09- MUMBAI
Cat – I
TThunder-W 1000……………0………..(1000)
HMorgan-EW1000/2000…..0/3200………200
RCloud-P1000……………..0……………(1000)
Tax………………………………………(500)
Net Loss…………………………………(2300)
Cat – II
DP’ple-P 1000……………1700…………700
TThunder-W 1300………....0……………..(1300)
KChing-EW1000/2000….6000/4400……7400
RCloud-W4700…………….0……………(4700)
Tax………………………………………..(1000)
Net Prifit…………………………………..+1120
Cat – III
Net Loss…………………………………..(-) 4.6

12 December 09- BANGALORE
Cat – I
SThomas-EW 1000/2000……0…………….(3000)
SStar-W 1000……………2100………………..1100
GFluid-EW 1500/3000……0………………….(4500)
Tax………………………………………………(850)
Net Loss……………………………………….(7250)

Cat – II
GCrown-W1000…………….0……………(1000)
Sherdil-P1000……………….0…………….(1000)
SThomas-EW1000/2000…….0……………(3000)
CRose-W.1000……………..2100…………1100
SStar-W 1500……………….3150…………1650
GFluid-EW1800/3600……….0…………….(5400)
Tax………………………………………….(1290)
Net Loss……………………………………(11690)

Cat - III
Net Profit………………………………….+10.1

13 December 09 – MUMBAI

Cat – I
A’bridge-P 1000……………0…………….(1000)
Batista-W(13/4) 1000………4250…………3250
Jacqueline-W..2600…………5720…………3120
COLuck-P……1000…………1900…………900
Maverick-P(6/10) 3000……..4800…………..1800
Tax…………………………………………..(860)
Net Profit………………………………….+ 7210
Cat – II
A’bridge-P1000……….0………………(1000)
B’tista-W..1000……….4250…………..3250
Spitz-P…2600…………….0…………….(2650)
J’line-W…1000………….2200…………..1200
COLuck-P…1000………..1900…………..900
Messlina-P….1000……….0………………(1000)
M’rick-P…..1500…………2400…………..900
Tax…………………………………………(910)
Net Profit…………………………………. +740

Cat – III
Net Profit……………………………………+4.0


13 December 09 – HYDERABAD
Cat – I
SSenora-W ..1000………….0…………….(1000)
KDelight-EW1000/2000…….0/3200……….200
Tax…………………………………………(400)
Net Loss……………………………………(1200)
Cat – II
Rosemead-W..1000…………0……………..(1000)
KDelight-EW1000/2000……0/3200………..200
JGalt-W1000……………….3000……………2000
Tax……………………………………………(500)
Net Profit………………………………………+700
Cat – III
Net Loss……………………………………..(-) 6.8

This brings us at the end of one month of extensive effort to try to win races at different racecourses and to satisfy all type of punters – those who play few races, those who play many races and even those who want to play every race of the day. The result of win/loss date-wise for all the three categories is summarized below . 1511 means 15November and H,M,B stand for Hyderabad, Mumbai and Bangalore. Winning amount is prefixed by + sign and loss is enclosed in a bracket .

Cat – I
1511(H) – 2011(B) –2111 (B) –2211(M)—2211(H)
(1100)…. +200… (1100)…… (1100)…… (1100)..

2411(H)--2611(M)--2811(B)--2911(H)—29 11(M)
(1100)…. +550 …… +100…. (2200)….. +2000

0312(M)—0412(B)--0512(B)—0612(M)--1012(M)
+44150…. NIL…… +6380…. +1960…. .(2300)

1212(B)—1312((H)—1312 (M)
(7250)…. (1210)…… +7210

NET PROFIT = 62550-18450 = +Rs.44,100/-

Cat – II
Upto1411—1511(H)—2011(B)—2111(B)—2211(M)
+9020…….+1130…….+5180…..(3320)……+2850

2211(H)—2411(H)—2611(M)—2811(B)—2911(H)
(3000)…… (2000)…..(2750)….. +1400…. +5200…

2911(M)—2911(H)—0312 (M)—0412(B)—0512(B)
(4390)……+5200….. +14645…. (2700)….. +8450…

0612(M)—1012(M)—1212(B)—1312(M)—1312(H)
(1510)….. +1120…… (11690)…. + 740…… +700

NET PROFIT = 50435 – 31360 = + Rs.19,075/-


Cat -III
2011(B)-2111(B)-2211(M)-2211(H)-2411(H)-2611(M)
+0.55…(9.60)……+3.5……(2.60)….+6.15….(1.55)

2811(B)-2911(H)-2911(M)-0312-(M)-0412(B)-0512(B)
(0.3)…..(10.70)…..(2.85)……+2.5….(2.5)…+13.60

0612(M)-1012(M)-1212(B)-1312(H)-1312(M)
+0.2……(2.6)…….+10.1….(5.8)……+4.0

NET PROFIT= 40.60 – 39.50 = 1.10

Following conclusions can be drawn from the above results .

1)The MYTH that you can not win from races is WRONG
2)The MYTH- you CAN NOT win playing ALL races is WRONG
3)The MYTH-to be a winner – play only 1 or 2 races is WRONG
4)The MYTH-YOU CAN NOT LIVE ON EARNINGS OF RACES IS WRONG
5)Follow a well reasoned out plan to be a winner
6)Follow a good handicapping system
7)Do not waiver if you lose, and do not be greedy if you win

7 comments:

Madhu said...

Dear Sir,

We like your work. It would even more useful to us if you give some notes about the basis of your selections. That will be an education for us to pick up good horses in future.

Regards,
Madhu

chanakya said...

dear Madhu,
you have a point in that a small brief about selection will help a lot but I'm runnibg short of time and even posting such a short selection takes 10 to 15 minutes .On Sunday with 18 to 19 races and analysing 170 to 180 runners even in a cursory way takes lot of time. However, I'll try to say few words or a line about a runner, whenever possible.
Furthermore, I'll write a series of articles about handicapping which may help you to understand my method of analysis.
regards,
Chanakya

pathfind007 said...

Dear Chanakya,

I liked the last one..Do not waiver if u lose and do not be greedy if u win...How true and probably the most important thing...

bv said...

Dear Sir,

Please see that your selections

be posted atleast half-an-hour

prior to the race time. Your

Hyd selections appeared after

1pm, whereas the first race is at

12.45pm.

Regards

BVRao....

Seabiscuit said...

Wow!!!

Stupendous effort.

Madhu said...

Dear Sir,

Thank you.

Regards,
Madhu

chanakya said...

Yes Pathfinder ,
You are absolutely right to pickup the last ‘word’. Do not waiver and do not be Greedy. On 6Dec 09 my wins were Rs.47640/- and Rs 35850/- in Cat I and Cat II respectively. I would have achieved my target of Rs. 50,000/- win (a profit of 250% ) in 30 days in both the categories but became impatient and increased my number of selections in both the categories -6 selections in Cat II on 12Dec 09! The result was loss of almost Rs.12000/- in Cat II. 7 selections(betting almost on all the races!) on 13 Dec(M) gave profit of Rs. 740/- only!!
I’ll revert to old pattern now onward…

Mr. Rao,
I do understand your point – but mine is a one man show and I’ve no team. I have posted my selections for Hyderabad ‘after’ 1PM but I’ve ‘ignored’ the first 2 races . On Sunday Mumbai and Hyderabad combined run 17 to 19 races and I’ve to handicap ‘every’ runner which on one Sunday added to more than 180 runners! Even if you spend only 3 minutes on each runner by reading their name, pedigree, past performance record , current form eqpt. change, jockey change .penetrometer readings during various runs and their probable effect and finally arrive at a speed rating (using track variant) you will find that it is almost impossible to do justice to the kind of handicapping I’m used to.
However , I’ll try to post my selections as early as possible.
Regards,

Seabiscuit,
You are right . The effort is telling on me! After I achieve my aim in Cat I and II I’m going to concentrate only on Cat III because that is my main ambition – to make racing pay! Even if I can achieve 10% profit margin I’ll consider myself highly rewarded. Because that is the myth I want to blow off!!!


chanakya