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Belmont Recap (1078 Views)
Posted by: David Patent (IP Logged)
Date: June 10, 2002 06:30PM

A bunch of things here:

HP -- I saluted you and Nunzio and anyone else who bested me in the contest and I make no excuses. I lost. And I'm sorry you don't like my character but if that's the price I have to pay for celebrating a little on the message boards, then so be it. BTW, I have previously taken stands on horses (usually against) and publicly eaten crow when I was wrong (e.g., Fusaichi Pegasus in the Derby), so I am not at all ashamed to post when I have some big winners. Besides, do you really think that we'd have half as much fun on these boards if it weren't for some good needling here and there?

Finally, for the record, my post on this board Sat. night was not just the 'Icky Shuffle' writ Internet. I asked several TG/Rag. related questions and peppered the post with handicapping observations -- almost all of which have gone ignored in the wake of a lot of whining and crying by several others on this board.

Alydar -- Sticks and stones. You did you not have the guts to take a stand on any horse in any of the races. That says enough about you.

Jerry -- My ROI for the Belmont Stakes was 976%. For the day it was 486%. I bet 7 races and cashed 4 of them.

Let's get a few other things taken care of:

Handicapping contests:

1) I agree completely that we should not hold the public handicappers to the same ROI standards as we hold ourselves. But I don't recall bashing any handicappers for their ROI, just for their reasoning.

2) The way you bet in a handicapping contest is fundamentally different than you bet in real life, and depending on what kind of contest you are in, your strategy will be different. For example, in a 500 handicapper field, one has to take a Nunzio-like approach and try to make a big score. If you spread and hit a few races, it's almost impossible to come out on top. I took a middle ground in this contest, given that there were about 10-15 entrants, playing about 1/2 the races and skewing my bets toward the exotics and hoping that the 'go-for-brokers' like Nunzio were wrong.

3) Odds make the play and you don't know the odds until the race is run. Race 3: True I did not have Sherpa Guide in my contest tri. True he was not a magnificent looking horse on the sheets. But my approach to the race was to make sure I hit the tri if Personable Pete was in the top three, given that I had tossed the two overbet 2nd and 3rd choices. At 34:1 I had to use SG 'defensively'. If you play the races too fine with exotics you will lose a lot of sleep. In the Belmont I ended up betting 3 horses to win at the track: Sunday Break, MDO, and Sarava. Since I had Sarava at 30:1, I needed at least 60:1 to bet him. Given that only 1 or 2 horses out of the 31 that ran in the Derby and Preakness went off at 50:1 or more, he was not a cinch as of Friday night to be enough value for me. PD got bet down too much on Sat. to be a bet.

4) Bankroll matters -- With $1,000 dollars and a desire to spread, I limited my Belmont plays somewhat (27% of my bankroll). In reality, I had a significantly larger bankroll (about $3,000) so was free to make more plays. I keyed PD in supers and took the opportunity to toss WE and the hopeless Artax Too and Like a Hero, leaving me with 8 horses. Given what happened to me in the Derby, where I left WE off the top of my ticket I was not going to make that mistake again, especially when you have a 6:5 shot that you think is a clear toss.

As for races 11 and 12, frankly I didn't have the energy on Friday to even look much at them in any detail. I knew that it was going to cost a lot of $ to play the tris and my $1,000 was already spoken for, so shame on me I guess.

TG vs. the SHEETS

We have beaten the methodology horse to death. In terms of performance on Belmont day, again, I have no idea how the horses I bet or tossed based on sheet pattern (OTF, YG, Sarava, Quiet One, America's Guy, etc.) looked on TG and only HP and JB have come forward even partially with an answer (OTF, YG and Sarava). That would make a good discussion.

The profitability piece (the one we care most about) involves interpretation and betting strategy and execution.

Just look at how Friedman and I handicapped the Belmont using the same product. I thought War Emblem should have been 12:1. Friedman had him at 3:1 or 4:1. I thought MDO was good value, Friedman tossed him. And then there's the betting. You could easily have analyzed the race well and done lousy at the windows. I have blown my share of $20k tris and $80k supers because of stupid betting moves. Saturday was just one of those days when I happened to handicap well, bet well and get a bit lucky.

As for Saratoga, my schedule of betting is as follows:

June 10 to July 11 -- no betting
July 12 and 13 -- betting
July 19 and 20 -- no betting
July 26 and 27 -- betting
August-Oct 25 -- probably no betting; might sneak a day or two in there
Oct. 26 (BC day) -- BETTING!

So, super f., HP, and anybody else, I'd be glad to jump back in and do another contest with you in July. And the BC is a no-brainer. If we do, though, and you guys lose the contest but hit some big winners at the track, please don't be shy about telling us.



Subject Written By Posted
Congrats HP, but I'll take real money anytime (1787 Views) David G. Patent 06/09/2002 03:47AM
Re: Congrats HP, but I'll take real money anytime (1084 Views) Jason L. 06/09/2002 05:03AM
Re: Congrats HP, but I'll take real money anytime (1206 Views) Anonymous User 06/09/2002 05:32AM
Re: Congrats HP, but I'll take real money anytime (1079 Views) Michael D. 06/09/2002 11:47AM
Re: Congrats HP, but I'll take real money anytime (1069 Views) HP 06/09/2002 01:32PM
Re: Sherpa Guide. (1109 Views) Mall 06/09/2002 01:48PM
Re: Sherpa Guide. (1080 Views) superfreakicus 06/09/2002 03:32PM
Re: Sherpa Guide. (1079 Views) Mall 06/09/2002 10:01PM
Re: Sherpa Guide. (1037 Views) Alydar in California 06/09/2002 11:14PM
re: a line too long to fit here (HP) (1105 Views) superfreakicus 06/10/2002 04:19AM
The game, not the contest. (1132 Views) Mall 06/10/2002 06:29AM
and what are we talkin' about..... (1137 Views) superfreakicus 06/10/2002 04:57PM
Re: and what are we talkin' about..... (1168 Views) HP 06/10/2002 05:11PM
Re: and what are we talkin' about..... (1086 Views) HP 06/10/2002 05:11PM
Post Them Signers (1166 Views) Anonymous User 06/09/2002 01:23PM
Re: Post Them Signers (1091 Views) Jerry Jr. 06/09/2002 03:26PM
Re: Post Them Signers (1129 Views) HP 06/09/2002 03:50PM
HyPocritical (1036 Views) Jerry Jr. 06/09/2002 04:37PM
Re: HyPocritical (1113 Views) HP 06/09/2002 04:54PM
Typical (1092 Views) Jerry Jr. 06/09/2002 05:01PM
Acorn? (1079 Views) Anonymous User 06/09/2002 11:44PM
Re: Acorn? (1023 Views) Anonymous User 06/09/2002 11:48PM
Re: Acorn? (1174 Views) TGJB 06/10/2002 04:15PM
Re: sheets vs. tg (1104 Views) superfreakicus 06/09/2002 03:51PM
Re: sheets vs. tg (1134 Views) HP 06/09/2002 03:54PM
Re: sheets vs. tg (1093 Views) tegger 06/09/2002 04:33PM
Re: Congrats HP, but I'll take real money anytime (1026 Views) TGJB 06/09/2002 06:54PM
Re: Congrats HP, but I'll take real money anytime (1117 Views) superfreakicus 06/09/2002 07:13PM
Re: Congrats HP, but I'll take real money anytime (1005 Views) Michael D. 06/09/2002 09:32PM
Re: the battle of Saratoga (1184 Views) superfreakicus 06/10/2002 01:55AM
Re: Congrats HP, but I'll take real money anytime (1166 Views) Alydar in California 06/09/2002 09:55PM
Re: Congrats HP, but I'll take real money anytime (1161 Views) Jason L. 06/10/2002 04:26AM
Nunzio, Superfreak, Jason L., class and the lessons learned (1248 Views) HP 06/10/2002 12:17PM
Re: Nunzio, Superfreak, Jason L., HP, class and the lessons learned (1071 Views) superfreakicus 06/10/2002 05:20PM
Re: I thought you were leaving? HP (1166 Views) superfreakicus 06/10/2002 05:26PM
Belmont Recap (1078 Views) David Patent 06/10/2002 06:30PM
Re: Belmont Recap (1132 Views) David Patent 06/10/2002 06:46PM
Re: Belmont Recap (1197 Views) HP 06/10/2002 07:08PM
Re: Nunzio, Superfreak, Jason L., HP, class and the lessons learned (1198 Views) HP 06/10/2002 06:11PM
Re: Congrats HP, but I'll take real money anytime (1124 Views) Michael D. 06/10/2002 03:18PM
Re: Congrats HP, but I'll take real money anytime (1017 Views) TGJB 06/10/2002 04:13PM
Re: Congrats HP, but I'll take real money anytime (1156 Views) Jason L. 06/10/2002 04:59PM
Re: Congrats HP, but I'll take real money anytime (1162 Views) TGJB 06/10/2002 06:57PM
Re: Congrats HP, but I'll take real money anytime (1109 Views) Jerry Jr. 06/10/2002 07:30PM
Re: Congrats HP, but I'll take real money anytime (1053 Views) TGJB 06/10/2002 08:39PM
Re: Congrats HP, but I'll take real money anytime (1026 Views) Jerry Jr. 06/10/2002 09:25PM
Re: Congrats HP, but I'll take real money anytime (1126 Views) TGJB 06/11/2002 04:13PM
Re: Congrats HP, but I'll take real money anytime (1128 Views) Jerry Jr. 06/11/2002 06:27PM
Re: Congrats HP, but I'll take real money anytime (988 Views) TGJB 06/11/2002 07:12PM
Re: Congrats HP, but I'll take real money anytime (1111 Views) Jerry Jr. 06/11/2002 08:14PM
Re: Congrats HP, but I'll take real money anytime (1069 Views) ed overdyk 06/11/2002 12:22AM
Re: Congrats HP, but I'll take real money anytime (1039 Views) Jason L. 06/11/2002 01:07AM
Re: Congrats HP, but I'll take real money anytime (1123 Views) David G. Patent 06/11/2002 03:19AM
Re: Congrats HP, but I'll take real money anytime (1096 Views) HP 06/11/2002 04:48PM


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