Bets Advised: 108
Points Profit /Loss: -14.4
Pool Return: -28.75%
(Gross Return -13.3%) (Pool Returns and Gross Returns are discussed on the Our Results page of the site, where other months’ results can also be accessed)
Well, we bid farewell to June rather like one bids farewell to a bout of food poisoning. That was a gruelling month for us at Lap Of The Odds, and after three excellent months since inception a timely dose of realism that you can’t win all of the time. Thankfully, painful as a loss is to stomach, it remains lower than the gains made in each of the preceding three months.
Horse Racing, the star sector in previous months, played the role of villain in June, returning a loss of 34 points from 67 staked. A long losing run in the build up to Ascot looked like it might be turned around after a couple of good early days at the Royal Meeting, but the week ended badly and the month continued in similar vein. On reflection we may have been a bit ambitious with the proportion of combination bets in June, and we might play a slightly straighter bat for the month ahead.
Football is on the off-season, whilst Golf had a month of what might-have-beens, losing 5pts from 19 staked, including 4 places. The wild 3 wood from Chris Wood off the 18th tee in Sweden cost him the title and us the 33/1 return which would have pulled our whole month into profit. Golf has been very kind so far, and we are confident that more success is imminent off the back of some near misses.
Other sports rode to the rescue in June, and in particular cricket. Cricket had been proving costly in previous months, but the 33/1 success of Shikhar Dhawan as the leading run scorer in the ICC Champions trophy was the stand out success for the blog in June. We also lucked out with 7/1 shot Ben Te’O to start the 1st test for the Lions in New Zealand – a well reasoned call, but one coach Gatland had reversed by the second test – not that we minded one bit.
Having instigated a 3pt-2pt-1pt staking system in June, we used it sparingly in light of the adverse run. There were no 3pt bets, and the six 2pt bets included a win for Lady Aurelia at 4/1, and a hard-to-judge 5th at 25/1 each way for Suegioo in an event in which roughly half the bookies paid on five places, and half on four. July may provide a more complete view of the value of the variable staking plan.
Onwards and upwards – and thanks as always for your support