Please Join the August Contest!

[Bill V.]

Thanks Bill H.


I'm sorry for my inability to understand your point
Everybody who has entered into the June and July has
done so ,agreeing to a set of rules. To enter the contest they have indicated that they have read and understand these rules.
In the "Leran To Win" contest format Ted and I have set up, the rules state.

to review :

2. Consistency. Hitting a $200 Win bet is a thrilling, yet unsatisfying (to others) way to win a contest and can be a demonstration of short-term luck rather than long-term skill. We wish to emphasize consistency as a foundational concept of the Sartin Methodology. Thus, Win mutuels will be capped at 20-1 ($42.00) and Place mutuels at 10-1 ($22.00). Further, there will be a consistency scoring system as part of this Contest,

Hit Rate (i.e. 'batting average') tallied for every player ongoing, in each month's contest. Hit Rate = number of events (i.e. 20 per month) / number of Wins or Places. For example, a player makes bets in 20 races in a month. In 11 of those races, a horse you bet on runs either 1st or 2nd (or both, in the case of 2 horses). The Hit Rate = 11/20 = .550 (or 55%). A players total bankroll ($2000 – 20 x $100 + winnings from the 11 races) is multiplied by the Hit Rate to get the Final Score. For example, in the 11 of 20 races hit, a player has net winnings of $2700 and a Hit Rate of .550. Their Final Score is $2700 x .550 = $1485. The Final Score is a combination of Net Winnings and Consistency.

So as I read your post, are you are saying that the only people who should get the hit rate (i.e. batting average) bonus added to their score are people who only bet 1 horse per race ?

Please clarify thank you
Bill

[Ted Craven]

Hello Folks,

We've decided to go with a simple definition of Hit Rate for August, which is described in the August Contest Rules Changes.

Simply: you get a Hit if your bet makes money. If you break even or if you lose money over all your bets in a given race, you do get the money for your Bankroll, but no Hit. Hit Rate above 50% (.500) gets you a Bankroll 'Consistency' Bonus.

Please see the Official Rules and the Changes Summary for complete details, or to ask for any clarifications.

Please join the Contest, win $$$ Prizes, learn, teach - enjoy the fantastic tools and community we have here!

yours,

Ted

[dirty moose]

I'd like to join you guys. Seems like fun. I will have to read all the rules.

[Ted Craven]

Moose - LOL! That Contest was from August of last year (2012). Perhaps we should consider resurrecting some kind of Contest for the Autumn ...

Ted

[dirty moose]

Ha wow. That's funny and sad all at the same time.
I noticed it in the similar threads at the bottom of the page. I just assumed it was new lol

Anywho. How are you feeling ted?

[Ted Craven]

Matt,

Better and better, although with a lot of typing, my forearm gets pretty sore after several hours. This morning I went to my regular horseback riding lesson and managed to do 45 minutes of lunge-lining with a fairly feisty mare and the shoulder is only 'singing' a little bit. So that's a good sign!

For now, instead of a Contest, why not practice a few race posts in Selections of the type you would have done IF there actually was a Contest!?

Post a screenshot before the race, give a few words about your analysis process and state a wager (including any conditions you apply if you're not making it at post-time). It could be great practice!

cheers,

Ted

[Bill V.]

I'm ready to fire up another contest.

How about some idea's for a format ?

Bill

[Hoof 11]

Originally Posted by Ted Craven

Matt,

This morning I went to my regular horseback riding lesson and managed to do 45 minutes of lunge-lining with a fairly feisty mare and the shoulder is only 'singing' a little bit. So that's a good sign!

Ted

Is there any chance of a possible mount at WO in the distant future? lol

Seriously though, riding horses after surgery? You might want to slow down there Tex.

That contest sounds like a good idea, avert some of the recent negativity into some positive teaching lessons.