Wednesday horse racing summary and weekly results

With the second day at York abandoned because the course is underwater (yes, underwater!) it was a quiet day again. I had one win bet Divine Power which came unstuck at Folkestone this evening.

My only proposed lay bet was running in the same race at Folkestone. Her only win aside, every other race she has contested this year she has been some distance off the winner. So I was not convinced she deserved to be the favourite for today's race, and if she dipped below 2/1 I felt the value bet was to oppose her. In the end she did justify favouritism, but I was right to insist on a maximum price as it meant we avoided taking a losing bet.

Results from the last 7 days

The strike rate from my Win Bets this past week has been pathetic, with only three winners from twenty bets. Those three winning bets however, returned enough to cover the losses and so no harm done to the account. But I would still seek to improve on the current hit rate to move the account forward.

No positive story with my Lay Bets either. I have had just the three lay bets this week, and two of these won their race, and so I ended up losing nearly 3 pts.

But I remain ahead overall for the month, with more than 6 points in the Bank.

Weekly profit results: Win Bets 1pt, Lay Bets 3pts loss

Total profit so far this month: 6.5 pts
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