Patrick,
You said I could show your updated result sheet with some interesting facts about your betting, so here are some observations:
Original Sheet - as played (25% Win and Place on 2 horses - always)
No Place Bets (alternative)
Analysis
You picked a fair number of races where lower priced favourites won (Woodbine), though you did catch a few nice prices. The new Summary section (original) sheet shows you you chose horses where the Place bets often made as much or more than the Win bets. You caught 3 Place bets on the horse which finished second, and in all cases, the Place mutuel was higher than the Win mutuel.
As a result, as originally bet, you made 6% ROI on your Win bets and 7% on your Place bets - effectively the same amount. That is why when you look at the alternate betting sheet - where you forgo
all Place bets and split your bet 50% 50% over 2 horses - the return and ROI is effectively the same - 6%. With the horses you picked in these particular 18 races, there was no penalty to betting Place = no advantage to foregoing Place betting.
With Win betting only, 2 horses, your hit rate was 50% (longest losing streak=3), with Place betting (as actually bet, with those 3 extra Place bet hits, each greater then the Win mutuel) - 67% hit rate (longest losing streak 2).
Not too shabby! If you must bet or make picks in advance, either steer away from races where the Morning Line favourite looks to be one of your Top 2 picks. OR - do nothing,and wait for the inevitable longer- and mid- priced horses which pop up for you from time to time.
If you take your individual spreadsheet (just download it from the Monday weekly update post by Bill) - you will see that if you put ANY more money in the Win pool on your #1 horse (i.e. more than 50%) - your Bankroll starts to rise. Your #1 Win pick has been very powerful this month.
I wanted to show the various stats about individuals' betting practices, and to show how the results would change given alternate betting practices. It behooves us to study this and discover
for ourselves (as opposed to any other person telling us what we should or shouldn't be doing) - how we could improve total bankroll, what the impact on consistency would be, what the losing streaks would be, which Pool was the source of our profit, which Pool a drag on profits.
If you know what reality is, you can do something to change it.
Ted