Horse Racing Results September 2014 -$18,156.38
I’t looks like September sucks for Sports and Horses. $256,776.00 was bet for a $18,156.38 loss which is a negative ROI of 7.07%. Even with these pretty bad results, you see the spruiking of the services based on 1 winner or a good Saturday. It really is so much worse then the sports tipsters I follow and I would assume people leave in droves from these services as the strike rates are so low and long losing runs are expected. Sadly most punters have no idea and if they join at a poor time, they would leave pretty quickly with nothing but bad things to say about the service. I guess this constant need for new customers results in the idiotic advertising of single wins or good days. It’s counterintuitve as these tipsters should really want members to understand that profits will only ever be made long term and yet they then advertise exactly the opposite. The people who run these services are not marketers and that is clearly evident, if only they would stop following the herd and educate members, then there is a chance they would stay around longer, have a chance to make members a profit and therefor making the service profitable.
In saying that, there are one or two services that do indeed try and educate. Once I have had time to look at them all and see the results, I will happily tell you guys which ones they are. OK, rant over.
We have now had a month of the new NSW racing rules in place, and we can clearly see the bookmakers that will be fighting the rules. The William Hill group (tomwaterhouse, Centrebet and Sportingbet) have all decided to offer lower odds to unwanted customers, it looks like this will be going to court. Ladbrokes is asking for so much documentation it’s almost kafkaesque, Unibet continues to just leave accounts closed. Luxbet is saying that any account they don’t want to deal with is a bowler account. I have not heard from Racing NSW since I filled my complaint early in September. It seems these bookmakers all got together in a dark room and each drew a piece of paper out of a bowler hat. On each was a different strategy to take to get around these rules. They all agreed to fight it from different angles and see which one worked. I’m hoping Racing NSW doesn’t stand for this, and not only takes them all to court, but imposes fines based on the turnover they would have gotten in the intervening months.
It sucks that there is so much to hate about this industry. Watching and betting on sports and racing can be so fun, but when it’s a constant battle to just get a bet on, it becomes a real chore.
Total bet amount: $905,166.50
Bets Placed: 2403
Winning %: 19.04%
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