Odds On Value?
 

Testing a strategy with odds on favourites for the win and place, I am testing whether getting on early will be profitable. Here are the selections for today:

Date Track Race Tab Horse Win Place
21/07/2024 Curragh 1 8 Red Letter $1.66 $1.12
21/07/2024 Curragh 6 4 Jackie Oh $1.90 $1.30
21/07/2024 Stratford 5 2 Brave Knight $1.36 $1.12
21/07/2024 Stratford 8 1 Ronnies Rules $1.53 $1.10
21/07/2024 Newton Abbot 1 2 Golden Path $1.61 $1.20

Lucky I took best odds guaranteed as many of them drifted.
Here are the results (hope it formats okay)

Selections 5 Win S/R 60.00% Win Return $5.15 Win Profit $0.15 Win POT 3.00%
Winners 3 Place S/R 60.00% Place Return $3.34 Place Profit -$1.66 Place POT -33.20%
Placings 3

Just the one selection for today:

22/07/2024 Cartmel 3 9 Jolie Coeur Allen $1.72 $1.12

Jolie Coeur Allen ran 6th after blowing out to $2.10 :(

Selections 6 Win S/R 50.00% Win Return $5.15 Win Profit -$0.85 Win POT -14.17%
Winners 3 Place S/R 50.00% Place Return $3.34 Place Profit -$2.66 Place POT -44.33%
Placings 3

Tonights selections:

23/07/2024 Lingfield 8 7 Rich Pulls Pitch $1.83 $1.40
23/07/2024 Musselburgh 5 2 Union Island $1.52 $1.22
23/07/2024 Ballinrobe 8 1 Base Of Fire $1.83 $1.25
23/07/2024 Wolverhampton 1 1 Take A Pull $1.66 $1.30

Cumulative total results:

Selections 10 Win S/R 50.00% Win Return $8.20 Win Profit -$1.80 Win POT -18.00%
Winners 5 Place S/R 60.00% Place Return $7.26 Place Profit -$2.74 Place POT -27.40%
Placings 6

Only down 1.80 units so far.

Catterick 1 5 Easy Peeler $1.83 $1.36
Naas 7 3 Power Under Me $1.83 $1.33
Salisbury 3 1 Dream Voyage $1.44 $1.06
Salisbury 6 7 Godsend $1.72 $1.16

Cumulative total results:

Selections 14 Win S/R 64.29% Win Return $15.10 Win Profit $1.10 Win POT 7.86%
Winners 9 Place S/R 71.43% Place Return $12.17 Place Profit -$1.83 Place POT -13.07%
Placings 10

Finally in the green for the win.
The strike rate is fairly low for the odds at this stage, so I would expect a further upturn in results overall.

Selections for tonight:

Sandown 2 10 Ruling Court $1.66 $1.16
Worcester 5 3 I'm Ravenous $1.50 $1.12
Leopardstown 2 2 Bedtime Story $1.11 $1.02
Newbury 2 3 Glistening $1.80 $1.20

Lost a llittle last night:

Results
Selections 18 Win S/R 61.11% Win Return $17.87 Win Profit -$0.13 Win POT -0.72%
Winners 11 Place S/R 77.78% Place Return $16.67 Place Profit -$1.33 Place POT -7.39%
Placings 14