ROI In Horse Racing

ROI In Horse Racing

I received a question from someone new to betting on horses.

They had seen me refer to ROI and wondered what that meant.

Quite simply ROI stands for Return on Investment.

It is a way to measure the profitability of a set of betting selections
whether they be your personal picks, system selections or a tipsters tips.

A complete mad gambler is unlikely to care about such things.
If however you have a more investor style attitude to your betting
ROI figures give you a very good measure as to whether a method is worth following or not.

Let’s do a few quick examples.

Example 1:

Assume you place 100 bets of £100 each

The total you have invested is 100 * £100 = £10,000

For arguments sake let’s say your bets do well and the total return to you is £12,000

( ie £10,000 original stake and £2000 profit )

Your Return on Investment ( ROI ) is therefore £12000 / £10000 = 1.2

Normally this is expressed as a percentage

As a percentage 1.2 is 120%

Example 2:

This time let us assume the betting has not been so good and has lost some money.

Again we have 100 bets of £100 each for a total investment of £10,000

The return this time is less than staked.

We only get £7000 back.

So ROI = £7000/£10000 = 0.7

Or expressed as a percentage 70%

From the above you can see that the breakeven mark is at the line of 1.0 or 100%

ROI above 100% is good
Below it is bad

Profit on Turnover

POT or Profit on Turnover is an alternate measure of betting profitability.

Here we look at net profits as opposed to net return   ( return includes original stake )

Using the same data from the two examples above

1 – POT = £2000 / £10000 = 0.2 or 20%

2 – POT = -£3000 / £10000 = -0.3 or -30%

Note how when using POT 0% is the line of breakeven.
Also note that POT can be positive or negative.

Saturday Soccer Betting

Saturday Soccer Betting

A few football bets for you today from Phil over at the Football Bets site

Phil used to work in a bookmakers and in fact turned down work as an football odds compiler to focus on his own betting.

He is one of several expert soccer advisors over at the football bets website.

I can’t promise success today with these bets but following his advice is a shrewd move long term as he has a very good record for strike rate and profitability.

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Morning Guys 2 singles and a mixed treble for today
Which all look decent value.

Birmingham v Arsenal
OVER 35 booking points at evens extrabet 1pt

Celtic to win with a clean sheet v Kilmarnock at 10/11 BoyleSports 1pt

Mixed Treble
Arsenal to get most corners v Birmingham
Chelsea to get most corners v Aston Villa
Shrewsbury to beat Darlington

This bet pays 21/20 at williamhill have 1pt on it

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Trainers Who Send Just One Horse To A Meeting

In Uk Horse Racing it is often judged by punters a positive sign if a trainer sends just one horse to a meeting. The assumption made may be that if he is going to the expense and trouble to transport just one horse all the way to a course he must have good reason.

Is this just an old wives tale or is there some truth in it?

Dave Renham from PunterProfits.com trawled through about 5 years of National Hunt Horse Racing Results to try and get to the truth of things.

He made the assumption that each trainer would take a different attitude so he researched everything on a trainer by trainer basis.

For members over there he produced a downloadable spreadsheet with all the key facts and info such as strike rates and return on investment listed.

The full spreadsheet can be downloaded at the link below.

Note however you have to be a full member of punterprofits.com to get it.

http://www.punterprofits.com/profit/index.php?showtopic=10247

In respect to Dave and the members there I don’t want to detail all his research here however here are a few selected facts from his research for two of the top National Hunt Trainers

Trainer Runners Wins Strike rate (%) Profit ROI (%)
PF Nicholls 354 114 32.2 £24.04 6.8
D Pipe 268 62 23.1 £38.51 14.4

( ROI = Return On Investment .. a measure of profitability )

As you can see if one of these two trainers sends just one horse to a meeting it can indeed be taken as a positive sign.

Word of warning however .. not all trainers think the same way.

Dave’s fuller research details where this can be taken as a positive sign and where it should be ignored.

Interestingly it is even more positive than the above with some of the mid range / not so well known  trainers.

If you have been burnt by so called miracle systems and the sellers who hype them up you may start to come round to the conclusion that the only way to get ahead in your racing betting  is via knowledge and hard work.

If you have reached that stage of your racing betting career yet the continual research carried out by Dave over at PunterProfits.com should be of interest to you in keeping you ahead of the field on the Exchanges.