A strange reversal has occurred in 2020 on Win vs Place betting.
The chart below shows the results of the handicapping program that I posted last year.
'Sheety' is betting $2 on its Pick 1 to Win and Place in every race where the Pick is not scratched.
The chart covers 1/1/19 to date and has always shown Place betting to mirror Win betting but at lower ROI.
Something weird occurred after the Covid-19 halt in Feb-Jun of this year.
Win bet returns fell sharply but Place bet returns plateaued at even money.
It will be interesting to see if this trend continues.
Code:
2020 Wagering $2 bets
Win Place
1,269 1,269 All Races with no scratch on Pick1
0.82 0.99 ROI
23% 40% Strike%
2,070 2,525 Return
2,538 2,538 Cost at $2
(468) (13) Net P/L
59 110 Max
Sheety can be found here:
http://www.paceadvantage.com/forum/s...d.php?t=154563