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Originally Posted by luv2bet
Any chance of posting PROFIT/LOSS with these results. Strike rates by themselves can be misleading.
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Thanks for your question. Can I just say that the strike rate is not misleading, it is a FACTUAL statement of performance, it cannot be misinterpreted and can be scrutinized by potential clients.
Your question leads more to whether it is possible to make money with it. Which is a fair question! We have previously published the POTs, the issues with this is many fold.
1. What div do we use ? If we use single tote, then this casts an unrealistically bad light on the results. If we use better options we are then accused of embellishing our results.
2. The strike rate indicates performance of the rating, that is all that we stand by and can control (as opposed to dividends) but under no circumstances are we saying that betting the top pick (for instance) in every race makes money;
the selection of bets rests with the client and as a result we cant really publish profits as we do not know what races/horses clients wish to peruse. Axis and the data are tools.
3. Time frame makes it also hard to judge anything, a months result is not a indicative of longer term performance.
4. Most other competitors (free or otherwise) don't publish anything close to our (
up to date) results let alone the POT ! Or they pick and choose their races (which becomes tipping, not rating). Or they just make unsubstantiated statements. So there is little to compare with; its a given that all RAW ratings lose money, the point is how close are you to breakeven as a starting point.
5. There are some that have unrealistic expectations and agendas, due to point 4 or other issues.
Having said that, it is obvious that I will have to answer the question after all. We are not trying to avoid it, far from it, Im very proud of our work, Im going to provide strike rates and POT for ALL RACES for our Intelligence Rating for 2014, I hope that is fair ? At least we eliminate the short term frame issue.
Date range 01/01/2014 to 22/09/2014 Total races 11,883
Top Pick Strike rate 26.6% ( our advertised 4 year average is 26.8%)
Top 3 Strike rate 58.4% ( our advertised 4 year average is 58.4%)
Top Pick POTs - Flat bets
NSW Tote -11.37%
SP/NSW -7.05%
Closing Fixed Price -4.22%
Best Tote and SP -3.64%
Top Pick POTs - Proportional bets
SP/NSW -5.7%
Closing Fixed Price -3.04%
Best Tote and SP -2.61%
Early/better shopping can secure even better prices and better outcomes; our BEST testable combination in the Betting Analyses yealds +0.22 POT but this depends on the user and is likely not realistically achievable under normal circumstances. However it is possible to obtain results SOMEWHERE BETWEEN the worse and best case scenario featured above. Remember these are FACTUAL statements that can be scrutinized by potential clients.
It should be noted that our public membership allocation is currently full, due to our limited membership. The only subscription on offer is Historical which is also the prerequisite of being in the queue for standard Axis subscription, anyone interested should contact the office for updated status. Further, having answered the question factually, I will not be engaging into any debates regarding the statements made.
P.S.
As I had to do a test recently for the Newspaper price (not using our software) here is the Strike rate for the same period as above: Top pick 25% and -17% POT using NSW tote. Ours is -11.37% Something to compare!