Three Month Total Thoroughbred Racing

[Unicorn]

Wagered $2,489.65 Returned $2,675.07

[Unicorn]

Starting in April I will post a weekly thread and calculate the totals from week to week. It seems like that would be easier then doing the math daily.

[Unicorn]

This way I won't be bumping up old threads to the top of the forum.

[Unicorn]

Update ending March 31st... January - March:
Wagered $2,537.65 Returned $2,710.27

[barn32]

Originally Posted by Unicorn

Update ending March 31st... January - March:
Wagered $2,537.65 Returned $2,710.27

It's good that you're winning, but I'm curious how many hours you spent handicapping in those three months.

If it's 100 hours a month, then you're hourly rate is less than $1.00 an hour.

Back in the late 80s when I quit playing the horses my hourly rate was 75¢ an hour, which is why I quit. It wasn't worth my time.

If it's just a hobby that pays a few bucks that's cool. But playing the horses is a tough way to make any serious money...especially for the effort extended.

Again, I applaud the fact that you're winning.

[Unicorn]

Originally Posted by barn32

It's good that you're winning, but I'm curious how many hours you spent handicapping in those three months.

If it's 100 hours a month, then you're hourly rate is less than $1.00 an hour.

Back in the late 80s when I quit playing the horses my hourly rate was 75¢ an hour, which is why I quit. It wasn't worth my time.

If it's just a hobby that pays a few bucks that's cool. But playing the horses is a tough way to make any serious money...especially for the effort extended.

Again, I applaud the fact that you're winning.

This year I have not been buying any DRF's. I use free information.

[Unicorn]

Nothing spent on handicapping information. Everyone thinks you need a DRF, but if you look closer you don't need one.

[Gakiss2]

Maybe a federally mandated minimum wage would solve the problem? I sincerely hope the cynicism came through loud and clear.

Beating even the break even point is a huge task. Kudos squared.

Do you do any scraping to get free data (almost always a PDF) into a spreadsheet or data base? That's something I try to do sometimes. With varied levels of success.

[Unicorn]

When the old timers tell you that horse racing is a numbers game it definitely is. It took me eight or nine years of studying to figure out some patterns.

[Unicorn]

You dont need to analyze all that data into spread sheets either. It takes too much time.

[Unicorn]

Originally Posted by Unicorn

You dont need to analyze all that data into spread sheets either. It takes too much time.

I use to do this a few years back and that's actually when I started to get into the studying of free information. You are on the right track, but you will eventually see that you are doing too much work.