BACKING LONG TERM LOSERS IS A QUICK WAY TO THE POOR HOUSE….Part 3

15/05/13

On 7/2/2013 I penned the first of 12 monthly stories proving that backing horses that haven’t won a race anywhere for the last 52 weeks or more, when those horses are contesting Saturday city races – is simply a quick way for a punter to lose their hard earned.

To have any remote chance of winning whilst punting over the course of a calendar year, punters need to establish some rules to abide by. Those rules may be to 1) not to back odds-on chances, 2) not to bet on slow or heavy tracks, 3) not to back horses resuming from a spell, 4) not to back horses from certain overrated stables, etcetera.

Avoiding backing horses in Saturday city races that haven’t won in the last 52 weeks is a good rule to implement into one’s punting strategy as I’ll prove in 12 articles that will go up publicly during this calendar year. Like any other rule of punting, the odd one will win, but not enough will win to make you ever consider changing the rule once it’s been invoked.

The two previous stories that I penned on the subject on from January 2013 and February 2013 can be read by clicking HERE and HERE.

Today I look back on “long term losers” that raced in each of Brisbane, Sydney and Melbourne Saturday races during the month of March 2013 and you’ll see a few familiar names that you regularly 1) hear the “experts” tip and/or that 2) ill-informed punters back. The track rating at the end of the meeting is listed in the report along with the number of months since the horse has won, the name of the trainer, the place it ran on the day and the official starting price.

DAY

CITY

HORSE

MONTHS SINCE WON

PLACE

PRICE

TRAINER

2/3

S-H8

Rivalled

25

3

$7

Vandyke

 

 

Ladys Angel

22

3

$8

Pride

 

 

Driefontein

12

4

$7

Waterhouse

 

 

Raceway

12

11

$20

Waterhouse

 

 

Altered Boy

26

1

$16

Waller

 

M-G3

Shewan

16

4

$3.40

Smerdon

 

 

Elusive King

14

5

$5.50

Moody

 

 

Booklet

18

6

$41

Ellerton

 

 

Formidable

13

5

$18

Ellerton

 

 

Unchain My Heart

14

4

$20

Hayes

 

 

Red Shift

13

5

$11

Carey

 

 

Canali

15

5

$15

Brown

 

 

Perturbo

19

4

$10

Alderson

 

 

Karuta Queen

16

3

$5.50

Moody

 

 

Morant

16

10

$20

Williams

 

 

Domesky

15

7

$26

Kent

 

 

Auld Burns

19

1

$10

Hayes

 

 

Under The Hat

12

4

$6

Sadler

 

 

Scottish Border

24

8

$26

Warren

9/3

B-H8

Peelings

20

3

$5.50

May/Smith

 

 

Count Encosta

35

2

$6.50

Thompson

 

 

Carnegies Cruzin

35

7

$26

Robbins

 

 

Doubtful Jack

17

3

$4.20

Schweida

 

 

Joint Chiefs

16

1

$6

Wakefield

 

 

Prost

14

2

$6.50

Thompson

 

 

Silver Bullion

26

5

$9

Heathcote

 

 

Epic

20

2

$9

Schweida

 

 

Chart

18

10

$31

Edmonds

 

 

Chandra

19

3

$18

Dann

 

 

Time To Plunder

12

2

$6

Birchley

 

 

Product

12

5

$13

Birchley

 

S-G3

Charleston Lady

16

5

$11

Waller

 

 

Eigelstein

17

9

$5.50

Waller

 

 

Mr Edison

14

2

$10

B. Cummings

 

 

Strike The Stars

17

7

$12

A. Cummings

 

 

Albert The Fat

16

8

$31

Waller

 

 

Monton

14

2

$31

Quinton

 

 

Driefontein

12

2

$7

Waterhouse

 

 

Jest Crewsin’

21

9

$21

Bowen

 

M-G3

Wall Street

28

3

$5.50

Moroney

 

 

Maluckyday

28

6

$11

Hawkes

 

 

Willy Jimmy

20

5

$9.50

Walter

 

 

Spirit of Boom

13

6

$13

T. Gollan

 

 

Lone Rock

18

13

$51

Smerdon

 

 

Satin Shoes

16

10

$41

C. Conners

 

 

Glass Harmonium

16

5

$11

Moroney

 

 

Hi Belle

12

3

$5.50

Gunning

 

 

Never Forget

18

8

$17

Moody

 

 

Sanagas

15

7

$61

A. Cummings

 

 

Centennial Park

25

1

$7.50

Payne

16/3

GC-D4

Alltherightmoves

15

1

$9

L. Kelly

 

 

Come Said The Boy

41

L/R*

$8

P. Nolan jnr

 

 

Emvoss

15

6

$4.60

Edmonds

 

 

Haizum

12

6

$17

Sears

 

 

Spirit of Flatley

12

12

$9.50

Wood

 

 

Tornadoes

22

2

$21

Andrew

 

 

Skating On Ice

14

7

$6

L. Kelly

 

 

Fitness Fanatic

23

6

$14

Heinrich

 

S-G3

Stand To Gain

22

8

$81

Waller

 

 

Shannara

16

7

$21

Snowden

 

 

Hay List

12

4

$4.20

McNair

 

 

Atomic Force

14

10

$51

D. Smith

 

 

Decision Time

18

2

$19

C. Conners

 

 

Fire Thunderbolt

12

6

$15

Takacs

 

 

Aliyana Tilde

12

3

$21

Parker

 

B-D4

Valedictorian

12

6

$10

Hayes

 

 

Unchain My Heart

14

3

$5.50

Hayes

 

 

Formidable

14

4

$8

Ellerton

 

 

Lil Red Corvette

13

10

$17

Stanley

 

 

De Palio

13

3

$15

Alderson

 

 

Johnnydrama

18

12

$81

Corstens

 

 

Spot On Maggie

12

6

$8.50

Carey

 

 

Legion’s Belle

14

4

$41

Symons

 

 

Sleepers

22

14

$101

Wales

 

 

Total Attraction

13

6

$9

Moody

 

 

Avionics

13

11

$17

Griffiths

 

 

Two Hills

14

8

$31

Browell

 

 

Booklet

18

9

$16

Ellerton

 

 

Wall Street

28

4

$6

Moroney

 

 

Anudjawun

34

15

$41

Dwyer

 

 

It’s Prince

16

11

$151

Griffith

 

 

The Big Steel

22

12

$31

Brown

 

 

Giresun

14

5

$10

Snowden

 

 

Plucky Belle

12

4

$12

Moody

 

 

Sysmo

13

2

$4.60

McEvoy

23/3

B-G3

Epic

21

1

$6.50

Schweida

 

 

Chandra

19

7

$9

Dann

 

 

Double Impact

13

7

$10

Crompton

 

 

Doubtful Jack

17

4

$7.50

Schweida

 

 

Skating On Ice

14

2

$4.40

L. Kelly

 

 

Prost

15

5

$4.20

Thompson

 

 

Dusty Gold

16

9

$12

Dunn

 

 

Doubtfilly

12

4

$6.50

Kendrick

 

S-G3

Hot Snitzel

13

6

$3.70

Ryan

 

 

Anise

23

2

$8.50

Snowden

 

 

Hurrara

12

3

$11

Frazer

 

 

Sanagas

15

9

$41

B. Cummings

 

 

Ashokan

12

5

$3.20

O’Shea

 

 

Driefontein

13

6

$13

Waterhouse

 

 

Secret Admirer

17

5

$26

Begg

 

 

New Day Rising

14

5

$31

Pfieffer

 

 

Raceway

13

6

$26

Waterhouse

 

 

Territory

29

3

$17

Austin

 

M-G3

Gotta Keep Cool

20

7

$81

Weir

 

 

Royal Mail

14

8

$20

Howard

 

 

Sabrage

17

7

$26

Moroney

 

 

Sophie’s Spirit

16

9

$21

Hinton

 

 

Go The Knuckle

12

9

$5.50

Smerdon

 

 

Speediness

13

7

$17

Scott

 

 

Offenders

25

3

$26

Snowden

 

 

Mister Milton

14

12

$26

Waymouth

 

 

Valedictorian

12

2

$13

Hayes

30/3

B-G3

Count Encosta

35

4

$7.50

Thompson

 

 

Captain Clayton

28

9

$31

Heathcote

 

 

Time To Plunder

13

1

$9

Birchley

 

 

Nickiera

15

8

$101

T. Thomas

 

 

Noogoora Burr

15

6

$5.50

Lawlor

 

 

Product

13

4

$11

Birchley

 

 

Emmalene

16

1

$4

Birchley

 

 

Pretty Composed

16

6

$31

Wakefield

 

 

Border Rebel

12

10

$15

Grills

 

 

Tierqualo

12

9

$41

Doughty

 

 

Pane In The Glass

20

6

$21

Thompson

 

 

Haizum

12

16

$31

Sears

 

 

Dalzar

26

13

$61

Duryea

 

S-G3

Fire Thunderbolt

12

10

$10

Takacs

 

 

Amorino

14

6

$15

Ryan

 

 

Faustus

16

14

$71

O’Shea

 

 

Never Forget

19

12

$31

Moody

 

 

Aliyana Tilde

12

1

$8.50

Parker

 

 

Decision Time

18

3

$17

C. Conners

 

 

Atomic Force

14

7

$71

D. Smith

 

 

Title

12

6

$41

Pride

 

 

Voila Ici

21

18

$26

Moody

 

 

Monton

15

3

$9

Quinton

 

 

Rainbow Styling

14

16

$151

Hawkes

 

 

Willy Jimmy

21

17

$26

Walter

 

 

Beaten Up

17

9

$19

Waller

 

 

Strike The Stars

18

15

$17

A. Cummings

 

 

Maules Creek

12

11

$71

Thompson

 

 

Altar

24

4

$6

Snowden

 

M-D4

Anudjawun

34

7

$31

Dwyer

 

 

Muirfield

12

5

$8.50

Moroney

 

 

Biancon Rose

19

10

$26

Brideoake

 

 

Dowager Queen

18

12

$26

Moody

 

 

Sweet Ella

12

8

$8

Eurell

 

 

Plucky Belle

12

1

$8.50

Moody

 

 

Amaethon

12

2

$17

Ellerton

 

 

Winter King

31

7

$14

S. Brown

 

 

Corvidae

17

11

$51

Weir

 

 

C’est La Guerre

29

12

$101

Hawkes

 

 

Blackie

24

9

$31

McLean

 

 

Proliferate

16

10

$26

Price

 

 

Wall Street

28

6

$19

Moroney

 

 

Mutual Trust

20

11

$21

Prit/Gordon

 

 

Red Shift

14

9

$91

Carey

 

* = Lost Rider

So after the first two months of surveyed Saturday metropolitan racing in each of Brisbane, Sydney and Melbourne (January 2013 and February 2013), a further 156 horses that hadn’t won for 52 weeks or more started during March 2013. Of those 156 horses only 10 or 6.41% won. The 10 that won in this month’s surveyed horses were Altered Boy, Auld Burns, Joint Chiefs, Centennial Park, Alltherightmoves, Epic, Time To Plunder, Emmalene, Aliyana Tilde and Plucky Belle,

If a punter had $1 a win on the 156 “long term losers” that raced in March they’d obviously outlay $156 and the return including their $1 stake back was $85.00, so a punter would get 54.48% of their outlay back so they’d lose 45.52% of their stake.

So from the three months this story has been run on Justracing, no fewer than 394 “long term losers” have run and of the 394, only 21 have won, which means 5.32% of “long term losers” actually managed to win another Saturday city race, so conversely 94.68% lost, which shows punters what an exercise in futility the practice is.

Across the three months a $1 win bet on each horse would see $394 outlaid (113 in January, 125 in February and 156 in March) and the return including their $1 stake would be $179 ($48.50 in January, $45.50 in February and $85.00 in March) so a punter would get back 45.43% of their outlay, so conversely they’d lose 54.57% of their stake.

Today on www.brisbaneracing.com.au there is the first of two montages of photos from Eagle Farm last Saturday plus exclusive news on a high profile jockey’s retirement. On www.sydneyracing.com.au there’s the story about the two big days happening at Scone next Friday and Saturday, whilst on www.melbourneracing.com.au Matt Nicholls talks of Victorian racing.

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