Today's Horse Racing

The sport of kings.
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Emtaxx
Posts: 372
Joined: Mon Feb 10, 2025 10:00 pm

9 months into trading and I'm now winning 40% of the time. This game is fkn hard man lol. I'm running out of ideas!
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jamesedwards
Posts: 4346
Joined: Wed Nov 21, 2018 6:16 pm

Emtaxx wrote:
Fri Sep 05, 2025 3:16 pm
9 months into trading and I'm now winning 40% of the time. This game is fkn hard man lol. I'm running out of ideas!
If you are losing by less than [commission paid + the average spread] then you are beating the odds and therefore getting closer to profitability.

This may sound overly simplistic, but make sure you thoroughly investigate each of these separately;
> How can I increase the amount of times that I win?
> How can I increase the average value of each win?
> How can I decrease the amount of times that I lose?
> How can I decrease the average value of each loss?
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jamesedwards
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z222.jpg
Pre-off move :shock:

Down Royal 17:54.
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Emtaxx
Posts: 372
Joined: Mon Feb 10, 2025 10:00 pm

jamesedwards wrote:
Fri Sep 05, 2025 3:21 pm
Emtaxx wrote:
Fri Sep 05, 2025 3:16 pm
9 months into trading and I'm now winning 40% of the time. This game is fkn hard man lol. I'm running out of ideas!
If you are losing by less than [commission paid + the average spread] then you are beating the odds and therefore getting closer to profitability.

This may sound overly simplistic, but make sure you thoroughly investigate each of these separately;
> How can I increase the amount of times that I win?
> How can I increase the average value of each win?
> How can I decrease the amount of times that I lose?
> How can I decrease the average value of each loss?
Thanks James.
Im going to work through things for another week and then report back with some data. I’ve had my head down and made some tools but need to push it to the next level… my bank it’s currently
Going sideways really… doesn’t go up or down… which is annoying! But least were near À 50 percentile mark
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ForFolksSake
Posts: 926
Joined: Sat May 11, 2024 2:51 pm

Emtaxx wrote:
Fri Sep 05, 2025 3:16 pm
9 months into trading and I'm now winning 40% of the time. This game is fkn hard man lol.I'm running out of ideas
I'm running out of ideas!
... it's impossible to run out of ideas
I'm now winning 40% of the time
How often you need to win depends on your strategy

eg if 'backing' 1000/1 shots is your strategy then you need to win 2N / 1001 times out of N bets to double your money
eg if 'backing' 1.01 shots then you need to win about 70 bets at 1.01 odds to double your money.
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