Welcome to the World of Horseracing
Since March 2010, this blog has recommended wagers on 520 individual races on Jump Racing in the UK, resulting in a PROFIT of £1,525.39 on cumulative stakes of £5,726 - equivalent to a Return On Investment of 26.60%.
For the 2016-17 Jumps Season, this blog recorded a LOSS of £40.87
from wagers on 55 individual races (6 winners, 12 placed)
Total Staked = £609.00
Friday, 14 April 2017
Easter thoughts - a time of reflection
I need to update the profit & loss scenario for advised wagers on the blog, but I'm putting it off as it probably won't be good reading. I think, or perhaps I know, what the problem for me has been this season, and that is time - or (rather) the lack of it.
The way horse-racing is developing now into a season fixated on the Cheltenham Festival - and that has been made very evident by the lack of competition for some of the Grade 1 races at last weeks Aintree "Grand National" meeting - is that horses are being prepared slowly and you cannot know just when they will be at their peak.
A perfect example of this is Saphir Du Rheu who I advised a wager on for the 2m5f chase at Cheltenham on 28th January. The ground that day was soft, which was perfect for the horse as he'd won the Lanzarote Hurdle a Class 1 "Listed" handicap on soft, and the Grade 2 "Cleeve" Hurdle at this meeting in January 2015. His worst ever run on soft ground had been over an inadequate 2-mile when a novice hurdler. The 2m5f trip was also suitable as he'd won all 4 of his completed races at a similar trip (only failure was unseating his rider in a novice chase won by Coneygree). He should have been race-fit as he'd run 3rd at Ascot in October over 3-mile and he'd fallen early-on in the Hennessy Gold Cup so, all-in-all he should have started the short-priced fav for this race and not had an SP of 6/1 when running off OR153 - especially when you consider his good performance in the Cheltenham Gold Cup last month which has resulted in his Official Rating being raised to OR162.
Instead, he was given a "gentle" ride by his jockey and only started racing "proper" after the 3rd last fence by which time the eventual winner opened-up at least a 12-length lead. Sure, Saphir Du Rheu managed to peg-back the leader, and some may be wanting to describe this as an ill-judged ride. However, the horse was so tenderly ridden until the 3rd-last fence that I think his trainer was ensuring he still had something to work with for Cheltenham. Remember, when he won the "Cleeve" Hurdle in 2015, he went to Cheltenham as the 5/1 fav for the Grade 1 "World" Hurdle over 3-miles and came home 2nd beaten by Cole Harden - a horse who has not won again since - so it's possible that trainer Paul Nicholls wanted to get plenty of work into this horse in preparation for the Cheltenham Gold Cup.
Some will read this and say I'm just griping and that there are always hard-luck stories - that is the nature of placing wagers on horse-racing. And there is an element of that in this post, but I need to cleanse - draw a line under this jumps season and put it behind me. Writing this post is one of the steps that forms part of that process. The next will be formulating a way forward, and then finding a way of putting that into practise. What I do know is that what I've been doing this season while being good, just isn't good enough. Coming 2nd is not the same as winning.