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This is a cathartic process as one has to pass judgment on the poor wagers as well as the shrewd bets. Having said that it's been a good year with a net profit of 20%. This will push the long term average to 14.0%. Poor bets The worst bet of the year was undoubtedly the hefty wager on USA to win the Ryder Cup, a reminder if it was needed to stick to the knitting. The runner-up category has to be all the draw bias forecast and tricast/trifecta bets which showed over a £1k loss, following a losing 2001 for this category. Any remaining value in this area or at least my ability to exploit it has now disappeared completely. The value obtained in the early nineties has been more than marginalised and these bets must be eliminated in 2003. Good bets Top of the tree has to be the bag of sand courtesy of the 10/1 Paula to win Sports Personality of the year. She won in a canter as in all her other 2002 contests. May she go on to even better things in 2003. The best volume bets of the year were correct scores which showed a remarkable 66% profit on turnover (reversing a 10% loss in 2001). Long term this has proved the most consistently profitable area for us and hopefully we can view 2001 as a minor hiccup. With few horse racing single bets placed the 40/1 winner of the Breeders' Cup Classic was definitely the highlight. Jury's out The ante-post portfolio doesn't look great at the turn of the year and I really need Leicester to overhaul Portsmouth in Div 1 to limit the damage. In Spain the 125/1 Real Sociedad is still proving interesting in La Liga. However the match bets need a lot of help in the second half of the season. Good luck for 2003! 30.12.02 |
