BACKING LONG TERM LOSERS IS A QUICK WAY TO THE POOR HOUSE…..Part 12 of 12

29/01/14

On 7/2/2013 I penned the first of what would be 12 monthly stories proving that backing horses that hadn’t won a race anywhere for the last 52 weeks or more, when those horses were contesting Saturday city races – is simply a quick way for a punter to lose their hard earned.

To have any chance of winning whilst punting over the course of a calendar year, punters need to establish some rules to abide by. Those rules may be to 1) not to back odds-on favourites, 2) not to bet on slow or heavy tracks, 3) not to back horses resuming from a spell, 4) not to back horses from certain overrated stables, etcetera.

Avoiding backing horses in Saturday city races that haven’t won a race anywhere in the last 52 weeks is a good rule to implement into one’s punting strategy – as I’ve already proven in 11 of the 12 articles that have already gone up here during the last 12 months. Like any other rule of punting, the odd one will win, but not enough will win to make you ever consider changing the rule once it’s been invoked.

Those 11 previous stories that I’ve already penned on the subject from the first 11 calendar months of 2013 – can be read in the archives at the far bottom of this page.

Today I look back on “long term losers” that raced in each of Brisbane, Sydney and Melbourne Saturday races during the month of December 2013 and you’ll see a few familiar names that you regularly 1) hear the “experts” and “good judges” tip and/or that 2) ill-informed punters back time and again. The track rating at the end of the meeting is listed in the report along with the number of months since the horse has won, along with the name of the trainer, the placing it ran on the day and the official starting price.

DATE

CITY

HORSE

MNTHS SINCE WON

PLACING

PRICE

TRAINER

7/12

B-G3

Seek And Find

18

7

$9

Wood

 

 

Theft

14

6

$15

T. Gollan

 

 

Germayne Lass

12

5

$6

Forster

 

 

Mightysui

14

6

$51

Steinbeck

 

 

Renewed Vitality

26

7

$17

Thompson

 

 

The White Hope

12

1

$1.80

Dunn

 

 

Facile Tigre

26

13

$21

McLachlan

 

 

Firebolt

17

15

$101

Wood

 

 

Phelan Ready

56

6

$26

McLachlan

 

 

Steel Zip

12

4

$16

Duff

 

 

Havatryst

22

8

$71

Heathcote

 

 

Comahni

19

12

$26

Wilson

 

S-G3

Viking Legend

50

1

$31

Simpson

 

 

Super Cavalier

17

7

$301

Wilkes

 

 

Home On/Wing

28

6

$9

Anthony C

 

 

Reigning

12

4

$17

Bart Cumm

 

 

I’m Imposing

37

8

$26

Waller

 

 

My Destiny

23

5

$9

Litt

 

 

Carrick

14

6

$26

Williams

 

 

Soledad

17

3

$8

Snowden

 

M-D4

Serene Tanie

26

9

$71

Laing

 

 

Vatuvei

13

7

$51

Moody

 

 

Ourfor/minister

17

9

$81

Dwyer

 

 

Lord Pyrus

33

10

$31

Mawer

 

 

Giresun

23

10

$21

Harris

 

 

The Wingman

12

5

$31

Vasil

 

 

Youbolt

16

11

$41

McLean

 

 

Canonized

14

2

$11

Kent

 

 

Kenjorwood

24

5

$5.50

Moody

 

 

Republic Lad

23

7

$20

Waller

 

 

Rock Robster

12

10

$51

Hayes

 

 

My Bentley

17

10

$71

Bottomley

 

 

Galileo Gold

17

7

$71

Harrison

14/12

B-G2

Za Magic

20

7

$11

Smith

 

 

Havatryst

22

5

$9

Heathcote

 

 

Spatha

25

1

$11

Brosnan

 

 

Scorpio Queen

19

3

$41

Kelly

 

 

Caliente

12

10

$51

Hill

 

 

Essington

29

2

$13

Hansen

 

 

Merryanna

12

2

$7.50

Hurley

 

 

Stradon

20

1

$2.80

Gough

 

 

By Choice

12

8

$21

T. Gollan

 

 

Blakey Boy

28

15

$21

Morris

 

S-G3

Rule Book

14

2

$26

W/house

 

 

Maluckyday

37

4

$5

Pride

 

 

Permit

20

1

$8

Waller

 

 

Oakfield Comet

22

9

$31

Smith

 

 

Recoinage

14

8

$9.50

Pride

 

 

Western Symbol

19

11

$18

W/house

 

 

Monton

23

4

$21

Quinton

 

 

Kaypers

16

9

$61

Bennett

 

 

Palasport

16

8

$31

Hickman

 

 

Forarainyday

15

3

$6.50

Walter

 

 

Reflectance

13

2

$9

Thompson

 

 

Aeronautical

13

1

$5.50

Cohen

 

 

Straight Albert

23

6

$81

Walter

 

 

Pampelonne

14

3

$15

Martin

 

 

Uate

12

11

$31

Lees

 

M-G3

Nicholls Court

15

2

$13

Dickson

 

 

Big Buddie

14

10

$51

Sawden

 

 

Spartini

20

6

$31

Weir

 

 

Outlandish Lad

12

5

$7

O’Leary

 

 

Amaethon

20

2

$16

Ellerton/Zahra

 

 

The Peak

12

1

$5

Bart Cumm

 

 

Eraset

17

5

$18

O’Brien

 

 

Rockpecker

21

10

$41

Fythe

 

 

Simmering

28

11

$15

Gelagotis

 

 

Waterford Hill

17

8

$13

Corstens

 

 

Another Prelate

12

10

$17

Scott

 

 

Cascabel

31

8

$16

Griffiths

 

 

Hotham Heights

17

7

$14

Oliver

 

 

Morant

26

2

$9

Williams

 

 

Infinite Energy

12

6

$5.50

Moody

 

 

Prizum

14

7

$21

Sadler

 

 

Edgewood

19

4

$9.50

Griffiths

21/12

B-G3

Plateau Gold

14

8

$5.50

Jarvis

 

 

The Conspirator

12

5

$4.60

Sears

 

 

Excellantes

18

3

$8

Heathcote

 

 

Seek And Find

19

8

$17

Wood

 

 

Belgrando

13

9

$101

Walk

 

 

Blended

12

10

$31

Yorke

 

 

Darth

19

14

$151

Van Hoeyen

 

 

Fairy Queen

13

13

$71

Duryea

 

 

Mightysui

13

12

$81

Steinbeck

 

 

Arctic

12

1

$9

Smith

 

 

Lightning Vault

12

9

$31

Butterworth

 

 

Startsmeup

12

6

$16

Hill

 

 

Steel Zip

12

12

$14

Duff

 

 

Phelan Ready

56

10

$26

McLachlan

 

 

Renewed Vitality

26

7

$41

Thompson

 

 

Hi Son

12

1

$5

D Kelly

 

S-G3

Hard Liquor

15

8

$14

Anthony C

 

 

Omniscient

16

2

$9.50

Snowden

 

 

Kontiki Park

16

11

$26

W/house

 

 

My Destiny

24

13

$21

Litt

 

 

Vilanova

12

3

$2.80

Waller

 

 

Rolston

27

1

$31

O’Grady

 

 

Sainthood

43

9

$61

Wo/ington

 

 

Samui Lad

12

10

$31

Gavenlock

 

M-G3

Lady of Harrods

14

3

$5

Cameron

 

 

The Minister

15

8

$7.50

Keirl

 

 

Blazing Dragon

14

4

$2.50

Bart Cum

 

 

Tooleybuc Kid

13

5

$18

Weir

 

 

Lord Pyrus

34

7

$61

Mawer

 

 

Looklook

23

9

$101

McDonald

 

 

Dash For Viz

25

9

$15

Griffiths

 

 

The Wingman

12

8

$31

Vasil

 

 

Giresun

23

12

$31

Harris

 

 

Mister M/penny

35

11

$19

Thornton

 

 

Extra Zero

20

5

$8

Hayes

 

 

Prizum

14

3

$18

Sadler

 

 

Canonized

14

4

$6

Kent

 

 

Mrs Hadlee

14

2

$9.50

Moroney

 

 

Excel Shoes

17

8

$31

O’Neill

28/12

B-G3

Mr Light Blue

12

3

$8

Baldwin

 

 

Havatryst

22

10

$71

Heathcote

 

 

Renewed Vitality

27

2

$2.70

Thompson

 

 

Merryanna

13

3

$2.15

Hurley

 

 

Hearts/Diamonds

24

6

$12

McLachlan

 

 

Caliente

12

8

$15

Hill

 

 

G’Day Old Mate

21

4

$6.50

Squair

 

 

Haizum

21

9

$51

Sears

 

 

Confident Star

12

8

$9

Heinrich

 

 

What Happ/henry

13

10

$41

Schweida

 

 

Harada Bay

13

1

$17

Meagher

 

 

By Choice

13

5

$12

T. Gollan

 

 

Big Decision

14

6

$6.50

Heathcote

 

 

Masterful Play

14

11

$5.50

Dunn

 

S-G3

Reigning

13

5

$5.50

Bart Cumm

 

 

Big Memory

14

1

$3.60

McEvoy

 

 

Dolphi’s Boy

12

2

$17

Hill

 

 

Recoinage

14

2

$10

Pride

 

 

Panko

12

8

$14

Atkins

 

 

For/fivehundred

12

2

$11

Anthony

 

 

Western Symbol

20

9

$31

W/house

 

 

Brigatin

31

5

$71

Waller

 

 

Straight Albert

23

7

$9.50

Walter

 

 

Kaypers

16

2

$18

Bennett

 

M-G3

Star of Jeune

12

12

$26

Payne

 

 

French Caution

26

6

$71

Eurell

 

 

Dashing Shadow

20

8

$17

Johnstone

 

 

Big Buddie

14

11

$71

Sawden

 

 

Our Hand/Faith

14

5

$26

Weir

 

 

Galileo Gold

18

4

$26

Harrison

 

 

Waterford Hill

18

12

$16

Corstens

 

In the final of 12 calendar months meetings of 2013 at Saturday metropolitan race meetings in each of Brisbane, Sydney and Melbourne, a further 145 horses that hadn’t won for 52 weeks or more started during December 2013. Of those 145 horses only 12, or only 8.28% won. The 12 that won in this month’s surveyed horses included some real little heartthrobs of the Australian turf – The White Hope, Viking Legend, Spatha, Stradon, Permit, Aeronautical, The Peak, Arctic, Hi Son, Rolston, Harada Bay and Big Memory.

If a punter had $1 a win on the 145 “long term losers” that raced in December, they’d obviously outlay $145 and the return, including their $1 stake back, was amazingly only a small loss, as they’d get back $130.70 – thanks to a couple of scrubbers winning in Sydney, namely Viking Legend and Rolston, which both started at 30/1, so a punter would get 90.14% of their outlay back, meaning they’d finally show a small loss of 9.86% of their stake.

So in the 12 months that this story has been run on Justracing, no fewer than 2066 “long term losers” have run – and of the 2066, only 134 have won, which means 6.48% of “long term losers” actually managed to win another Saturday city race, so conversely 93.52% lost, which shows punters what an exercise in futility the practice is.

Across the 12 months, a $1 win bet on each horse would see $2066 outlaid ($113 in January, $125 in February, $156 in March, $154 in April, $240 in May, $246 in June, $207 in July, $232 in August, $150 in September, $135 in October, $163 in November and $145 in December) and the return including their $1 stake would be $1385.25 ($48.50 in January, $45.50 in February, $85.00 in March, $84.00 in April, $125.50 in May, $114.90 in June, $226.80 in July, $191.40 in August, $17.70 in September, $127.10 in October, $188.15 in November and $130.70 in December), meaning a punter would get back 67.05% of their outlay, so conversely they’d lose 32.95% of their stake.

In the entire 2013 calendar year, the Saturday city race in any of Brisbane, Sydney, or Melbourne that had the biggest number of “long term losers” in it, was Race 5 at Flemington on 22/6/13. There were no fewer than 11 horses that jumped from the barriers in that field of 16 that had not won a race for 52 weeks or longer and those 11 horses and the number of months that they had been absent from the winners list were: Extra Zero (14), Utah Saints (14), Magnifique Soleil (13), Rockpecker (15), Testascana (21), By The Way (18), Blackie (27), Dash For Viz (20), Under The Hat (16), Cornwall Park (24), Dark Note (24). So those 11 horses comprised an amazing 68.75% of the 16-horse field, yet the pair that finished up running the quinella didn’t emanate from that huge group of “long term losers” and “non-achievers” – as Club Command won the race and Another Prelate ran second.

The shortest priced “long term loser” to get home first in the 2013 calendar year was Rain Affair at $1.30. He got home in the Group 3 Missile Stakes at Randwick on 10/8/13 beating five slugs after he’d been out of the winner’s list for an incredible 16 months.

Today on www.brisbaneracing.com.au there’s the the first of two montages of photos from Eagle Farm last Saturday plus others of interest. On www.sydneyracing.com.au there’s the popular “What’s In A Name” segment from last Saturday’s races, whilst www.melbourneracing.com.au looks at the Victorian racing scene.

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