Cheltenham Festival and my stupidity

Horses..

Gold Cup and Grand National. That’s as much as I usually do, but with a mad notion in my head, I thought last week that I’d have a go over the week.

Here’s how my selections went.

Tuesday 13th March

13:30 Darlan 2nd 6/1
14:05 Al Ferof 4th 3/1
15:20 Binocular 4th 9/2
16:40 Quevega 1st 1/2
17.15 Triolo D’Alene no place

I placed a five way bet with multiples of doubles, trebles and the like, problem was it was a 63 piece bet covering the races each way and the stake lessens to cover number of bets and doubling up going each way. I took 30p a bet, so £18.20 spent.

Return was £3.20 on the first place and the second. Sadly fourth places didn’t earn for me. I needed third or better.

£14.90 down.

Wednesday 14th March

Time to be simpler.

Three £2 each way bets (£4 per bet) £12 total

13:30 Harry The Viking 2nd at 7/1
14:05 Monksland 3rd at 11/2
15:20 Finians Rainbow 1st at 4/1

Total return £24.25. £12.25 up on day. £2.65 down on festival.

A good return, got a bit lucky, but missed out on taking a treble on the three results.

Thursday 15th March

Three £1 each way bets £6 total

14:40 Noble Prince 7/1
15:20 Oscar Whisky 9/2
16:40 Brackaloon High 12/1

No places for any of them.

Tried a lucky 15 with four selections. 30 bets each way at 10p £3 total

13:30 Sir Des Champs 3/1 1st Place.
14:40 Noble Prince 7/1 no place
15:20 Oscar Whisky 9/2 no place
16:00 Niceonefrankie 10/1 no place

Total of £9.00 staked. Return of 30p

£8.70 down on day £11.35 on festival.

Friday 16th March

Big day, gold cup day so decided to go in bigger.

1520 Gold Cup
Burton Port £2 to win came 4th at 8/1
What a Friend £1 e/w no place at 25/1

Lucky 63 bet e/w 10p x 126 bets – £12.60 total

13:30 Balder Success -fell.
14:05 Starluck -no place.
14:40 Boston Bob -2nd at 4/5.
15:20 Synchronised -1st at 8/1.
16:00 Cloudy Lane -no place.
16:40 Street Entertainer -no place.

So I picked 1st and 4th in the big race but no real sum on the winner and a second place.

The bet on Burton Port was dumb as I had originally written a slip for £2 e/w on Synchronised! (a £22 gainwould have changed my outlook!)

A £3.30 return on the days racing. £16.60 spent though £13.30 down on the day.

The fourth places didn’t pay out.

In total, £24.65 down on the festival. But that’s four days gambling at just over £6 a day. No big mad bets, but an interest in 19 races.

I picked 4 winners, 3 second places, 1 third place and 3 fourth place horses. On reflection it’s not all that bad and as an educated amateur as far as racing goes not bad.

Had the fourth places paid out, might have made a smaller loss.

What I’ve learned is from the Wednesday, is to take a simpler view and stick on a each way basis for one horse per race.

A simple £1 e/w sticking to the multiples selected would have seen me take a marginal profit of a couple of quid, hardly bookie bashing, but a far simpler method and less of a stake laid out.

Certainly the direction I’ll go next year.

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