Monday, May 9, 2016

Kentucky Derby: Our Bets Had a 22% Profit

Anyone who did our suggested bets on Saturday’s Kentucky Derby would have made a 22.1 percent return on investment.
 
We recommended $78 in bets.  They paid $95.25.   Details are in our story with  the headline “Kentucky Derby: Selections and Bets,” posted the morning of May 7.

The winning bets included a win ticket on Nyquist, the exacta with Nyquist and Exaggerator and the trifecta with Nyquist, Exaggerator and Gun Runner.

With selections directed by our editor Jim Freer, HorseracingFLA began publishing our “betting on a budget” picks  in 2014.

For the last three Kentucky Derbies we have recommended a combined $184 in bets.  The total payout has been $313.95, for a 71 percent return on investment.

For the Preakness in 2014 and 2015, we recommended a total of $92 in bets.  The payout  has been $125.60, for a 36.5 percent return on investment. 
 
We have hit the  exacta each year in the Kentucky Derby and  in the Preakness

The Preakness will be run on May 21 at Pimlico in Baltimore. In our previews we will focus on the Preakness prospects of horses that raced in Florida this year.

We will publish our predictions the morning of race day, May 21.

In Saturday’s Kentucky Derby, the order of finish was Nyquist, Exaggerator, Gunrunner. Mohaymen and Suddenbreakingnews.

Our prediction was Exaggerator, Nyquist, Brody’s Cause, Mohaymen and Suddenbreakingnews.

Brody’s Cause, who came in seventh, was our only selection who did not live up to our expectations.

We hedged with our picks by having Nyquist and Exaggerator both in the first and second spots in exactas and trifectas.

Our strategy is to use small denomination exactas and trifectas, combining horses we think have the best chances to win with longer-shots that we think could 
fill out the exacta or tri for a price.

Our winning  bets on Saturday were:

*$3 Win and Show  Nyquist      $15.30
*$3  Show   Exaggerator            $5.40
*$1  Exacta Box                         $15.60
*$1  Exacta Part Wheel              $15.60
*50 cent tri  part wheel               $43.35

1 comment:

  1. Thank you for your accurate predictions again this year Jim;enjoying following your blog and website.

    ReplyDelete

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HorseRacing FLA staff