12/11/2009

Performance Appraisal- part II

Performance Appraisal – Part II

After posting performance appraisal –part I, I expected a rejoinder from some sincere and interested race-goers but none came, indicating the opportunism, a trait, which the human race – to which all punters belong, has perfected! What I started in good faith was to break the MYTHS and the IGNORANCE associated with horserace betting(you may call it - punting or gambling) . I have read and will be reading in future , on many well entrenched web-sites- many ‘sob stories’ ( to improve their TRP) about the loss suffered by an anonymous or fake-name punter – who lost millions in last few years/months and want to recover it. Well-meaning(!) responses will advise him what to do . The ‘natak’(drama) – ad infinitum, will be repeated at regular intervals to keep the game going! I pity those who run this kind of show and pity MORE, THOSE WHO PAY TO THESE PEOPLE TO RUN THIS KIND OF FAKE SHOW!

Let the God’s mercy and grace be with them…Amen…

I was to start the part II of my experiment, adventure or self actualization (management terminology) but due to some personal obligations delayed it. Discarding everything , let me start afresh , which is finding out our ‘wins and losses’. We have calculated our win/loss till 22 Nov for Mumbai but Hyderabad was to be added . Starting from there,
I wonder, if you have the patience to read all this! But to maintain record and to ‘prove’ my point ,I’ve no other option.
HYDERABAD 22 Nov 09
CatI
Messalina-W….1000………0………(1000)
Tax……………………………………(100)
Net Loss……………………………(1100)
Cat II
Manduro-EW 1000/2000…0……(3000)
Cyget-EW-1000/2000…….0…….(3000)
Messalina-W..1000………0…….(1000)
CHJ’tha-EW1000/2000 ..2000/3000.. 5000
Tax………………………………….(1000)
Net Loss…………………………(3000)
CatIII( from 4th race)
(1-9)-5…….2….. 1-1…….0
3-4-5……..1…….+5/4…..+5/4
(4-8-1)……3…….. – 3…… -3
(2-5-3)…….3……..1 ¼- 2…. -3/4
6-2-1………1……0…….. -1
1-2-4………1……+2……..+2
tax………………………… -1.1
Net Profit/(loss)……………. – 2.60.
HYDERABAD 24 NOV 09
Cat I
Orient Glory-W 1000…….0……..(1000)
Tax………………………………..(100)
Net Loss…………………………(1100)
Cat II
O Glory-W 1000…….0………..(1000)
Sc’baroo-W 1000…....0…………(1000)
L’shire –EW 1000/2000…0/3500…500
Tax……………………………….(500)
Net Loss……………………….(2000)
Cat III
3-5-4xxxxxxxxxxxxxxxxxxxxx….0
4-1-6………1……..0…………… -1
6-7-2……….1……..0……………. -1
6-8-3………1……….0…………… -1
3-5-11……..1……..+2 ½…………+1 ½
8-10-2…….1……..0…………….. -1
(2-7-1)……3……..+1 ¾-2……….. -1/4
(3-9)-10…..2…….10-1…………….9
6-2-5………1…….+1…………… +1
tax………………………………..-1.1
Net Profit………………………..+ 6.15
MUMBAI 26 NOV 09
Cat I
FFlare-W..1000…….1650……..650
Net Profit……………………….550
Cat II
Nymph-W …1000…….0………..(1000)
A’ridge-EW.1000/2000…0/3200….200
PR’tion-W..1000……2300……….1300
FFlare-W.1000………1650………650
Saffron-EW..100/2000….0……….(3000)
Tax……………………………….(900)
Net Loss…………………………(2750)
Cat III
3-7-9 …….1……….0…………. -1
1………….1………..0…………. -1
3-4……….1………..18/10………+8/10
7-3-2……..1…………0…………… -1
3………….1…………12/10……….. +2/10
(6-7-3)……3…………+1 ¾-2…………-1/4
(1-7-8)……3………..+7/10-2………….-13/10
4-3-9………1………….0………………… -1
2-4-10……..1…………+3 ¼…………….+3 ¼
tax……………………………………….- 1.3
Net Loss…………………………… - 1.55

BANGALORE 28 NOV 09
Cat I
G Magic-W…1000……….0………………..(1000)
Aristo-EW.1000/2000……0/4500………….1500
Tax………………………………………….(400)
Net Profit……………………………………..+100
Cat II
GTDancer-W 1000……….0…………………..(1000)
GDancer-W1000…………0…………………..(1000)
GMagic-W1000…………..0…………………(1000)
AP’naire-EW 1000/2000…3500/3000……..3500
Tax…………………………………………..(600)
Net loss………………………………………..(100)
Cat III
Xxxxxxxxxxxxxxxxxxxx
(2-3)-8……..2…………..0……………. -2
2-3-4………1……………0…………….-1
1-3-8……….1……………0…………….- 1
(1-2-6)……..3………….6-2…………….+4
8-3-2……….1………….3……………….+3
3-4………….1…………0………………..-1
8-2-6……….1…………..0………………... -1
(2-3-5)……...3…………2-2…………………0
tax…………………………………….. – 1.3
Net Loss…………………………………. -0.3
I think that I may have to put rest of the calculations in part III and will explain how within 20 days I have won more than Rs. 47,000 in Cat I which is just Rs. 3000/- short of my target of winning Rs. 50,000 with a capital investment of Rs. 20,000/- I will try to achieve it before 15 December . Perhaps, it may be possible.

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