General Chat

[Lobos]

I'm guessing that there is no answer to this but i'm gonna ask anyway

For someone who has been betting for the 2022 festival since the end of the last one, what percentage of total points staked would it be deemed acceptable to have already lost ???? (i use the word acceptable loosely)

I;m trying to update after todays entries and have already lost just over 18% of my total points staked, this will undoubtedly be 20% by the time i finish updating !!

Don't get me wrong i'm really happy with some of the positions i'm in but 1 in 5 bets already gone seems a lot

I've lost over 25% already and that's before today's entries. Very normal for me though so you've done well based on that.

[Joleg]

I've lost over 25% already and that's before today's entries. Very normal for me though so you've done well based on that.

I feel so much better

[Istabraq]

My style, a scattergun approach (with reasoning I like to believe ) is fairly aggressive in terms of number of bets and also requires a lot of faffing about.

Last season I ended up over 20% pre-festival losses, my highest ever

I think you can live with this when you hit a couple of short price winners at 25/1 or bigger, sure you’ve got half a dozen in the race but there won’t be many races you don’t show a profit.
What surprises me is the book builders like you are able to get your required stake on and no-one seems to be hounded by the compliance teams demanding a financial interrogation of your lives.
Obviously I have no idea what your pound per point is but backing 100+ horses ante post must tie up a fair bit of money so I’m surprised everyone manages to avoid issues…

[Spectre]

A lot depends on how much you stay on top of things, the decisions you make, and when you make them. It's also been a bit tougher this year with 365 being so sharp.

I use 15% as a benchmark, but for those with less time I'd say 20% is acceptable. Last year was the lowest I'd ever had and was a bit of a freak year for most of us.

Another way of measuring is by working out what percentage you are beating the current odds by, and then again what percentage you beat sp by.

Ultimately though the true measure is your P&L.

[Craigy14]

I worked mine out the other day and losses of around 45% but think I may have calculated it wrong. I’ve worked it out from live to lost instead of total staked to lost.

Was a little worried myself until the penny dropped I’ll likely be around the 20-25% I reckon as well. Last year was very lucky pre-festival for injuries etc.

[Faugheen_Machine]

I feel so much better

My worst one was around 10 years ago when I lost 40% in ante post non runners. there were a few sleepless night on the lead up to the festival that year.

Typically it would be 15-20% for me though.

[FinalFurlong91]

I worked mine out the other day and losses of around 45% but think I may have calculated it wrong. I’ve worked it out from live to lost instead of total staked to lost.

Was a little worried myself until the penny dropped I’ll likely be around the 20-25% I reckon as well. Last year was very lucky pre-festival for injuries etc.

We got very lucky last year with injuries

Monkfish and appreciate it were big ones for my early speculative doubles, killed a good few of them

[Craigy14]

We got very lucky last year with injuries

Monkfish and appreciate it were big ones for my early speculative doubles, killed a good few of them

Yeah monkfish and shewearsitwell my 2 biggest losers.

Managed the Appreciate It scenario well for a change haha!

[FinalFurlong91]

Yeah monkfish and shewearsitwell my 2 biggest losers.

Managed the Appreciate It scenario well for a change haha!

Fortunately most of what went down the drain for me was free bets but having AI in doubles at nice prices with honeysuckle, Bob, allaho and GDC are not nice to look at when I go through my bets on skybet

[The Fellow]

Kabongo scored again tonight

[Lobos]

My worst one was around 10 years ago when I lost 40% in ante post non runners. there were a few sleepless night on the lead up to the festival that year.

Typically it would be 15-20% for me though.

Did you still make a profit that year FM?

[Faugheen_Machine]

Did you still make a profit that year FM?

I'll have to check but think I did.

I've had 1 losing Cheltenham's in last 11 and that year I had 7 or 8 horses that traded at evens or lower in-running that got beat, but don't think it was the same year as the ante post disaster.

[Pigeon Island]

Can I ask what site people use to find up to date handicap marks? I’ve used Attheraces for looking at form but it only gives you the horses last handicap mark in the last race it ran in.

[Quevega]

Can I ask what site people use to find up to date handicap marks? I’ve used Attheraces for looking at form but it only gives you the horses last handicap mark in the last race it ran in.

https://www.britishhorseracing.com/regulation/official-ratings/ratings-database/

UK

https://www.hri-ras.ie/ihrb-handicap-ratings/full-nh-ratings/

IRE

[Ice]

I've lost 6 out of 25 horses I've backed so far, never worked it out as a percentage before but i make that 24 percent, that's depressed me now !