Roger Green Racing Review - Part 2

I was feeling quite upbeat when writing my last post but a dismal weekend of results makes me really wonder what's going on. Things were going well from October to mid January and I thought finally I'd got the right mix of tipsters and the right balance in my portfolio but we're now just about in Cheltenham week and over £1000 down on the year. Thankfully I have the right betting bank in place but it's still very very frustrating. Now I tell myself continually this is a long term game and it is but I'd like to see some progress.

I posted last year that I wasn't a fan of the big meetings and then suffered a particularly awful set of results at Goodwood which justified my fear, and as I mentioned last week Cheltenham last year wasn't particularly profitable apart from one winning bet. Cheltenham 2011 is certainly a make or break time for some of the tipsters on my portfolio and I will make some decisions after this coming week as to how to take things forward. Anyway here's hoping that it's a profitable festival. It's an amazing four days and I remember watching last years Gold Cup over and over again as it was such an incredible race. Good luck to everyone.

Talking of reviewing tipsters, I've completed some more of my review of Roger Green Racing and I've brought the figures bang up to date. Unfortunately it was a poor few days and a wipe out on Saturday again although a tad unlucky with losing by a short head on Friday and a 4 point 7/1 shot coming 2nd on Saturday.

Just a reminder that this is period from 10 December 2010 and 12 March 2011. The majority of prices are the price I get when placing the bet - it's generally not that difficult to get the price quoted and my prices worked out at 99% of recommended price.

Firstly, here's an updated table from part 1;

Points	Number	Points	Profit	ROI
1 Point	2.00	2.00	2.86	143.00%
2 Point	92.00	184.00	-16.49	-8.96%
3 Point	11.00	33.00	-17.00	-51.52%
4 Point	28.00	112.00	-17.21	-15.37%
5 Point	6.00	30.00	58.56	195.20%
Total	139.00	361.00	10.72	2.97%

So a disappointing few days has knocked the ROI down to 2.97%.

The next table shows the monthly figures;

Month	Number	Points	Ave Points	Profit	ROI
December	30	70	2.33	-0.71	-1.01%
January	38	93	2.45	-27.14	-29.18%
February	48	135	2.81	62.66	46.41%
March	23	63	2.74	-24.09	-38.24%
Total	139	361		10.72	2.97%

So not a great period of results but it is only 139 bets and another decent run will turn things around quite quickly. Certainly a service where you need to accept there will be long losing runs and the numbers behind the numbers above do show that without the 5 point 12/1 winner the ROI for our timeframe would be -17.21%

There's no doubt that Cheltenham is important for Roger Green Racing and a good festival essential. I'll do a third update showing average odds of winners etc and see if that helps us dissect the service further. Anyway hopefully that's useful for you.

Just something to note - Equine Investments finishes up for the season on the 19th so I'll do a review of that service after then.

I'll aim to give daily updates during Cheltenham but work commitments might prevent me from doing that!