Friday, March 15, 2024

Cheltenham Festival 2024 - the betting debrief

Shown below a record of the blog's highlighted selections at the 2024 Cheltenham Festival to a nominal one point level stakes wager (1 point win, 0.5 points each way) with bets settled at advised prices and each way returns calculated at one fifth the odds, except in the case of the Champion Chase (3.30 Wednesday) where, to avoid Rule 4 arithmetic, I've settled at starting price / one quarter the odds following the late withdrawals of both Jonbon and Boothill to leave a field of six.  


Tuesday

5.30 NH Challenge Cup Novices' Chase

Selection: Mr Vango

Bet: Each way

Advised price: 22/1

Starting price: 14/1

Result: Third

Return: 2.70

Profit/Loss: +1.70


Profit/Loss Tuesday: +1.70


Wednesday

2.10 Brown Advisory Novices' Chase

Selection: Stay Away Fay

Bet: Win

Advised price: 7/2

Starting price: 6/1

Result: Pulled up

Return: 0.00

Profit/Loss: -1.00


2.50 Coral Cup

Selection: Guard Your Dreams

Bet: Each way

Advised price: 18/1

Starting price: 25/1

Result: Eighteenth

Return: 0.00

Profit/Loss: -1.00


3.30 Champion Chase

Selection: Captain Guinness

Bet: Each way

Advised price: 11/1 (before two withdrawals)

Starting price: 17/2

Result: Win

Return: 6.31

Profit/Loss: +5.31


Profit/Loss Wednesday: +3.31


Thursday

1.30 Turners Novices' Chase

Selection: Grey Dawning

Bet: Win

Advised price: 9/4

Starting price: 5/2

Result: Win

Return: 3.25

Profit/Loss: +2.25


2.10 Pertemps Final

Selection: Springwell Bay

Bet: Each way

Advised price: 14/1

Result: Non runner

Profit/Loss: 0.00


2.50 Ryanair Chase

Selection: Protektorat

Bet: Each way

Advised price: 9/1

Starting price: 17/2

Result: Win

Return: 6.40

Profit/Loss: +5.40


3.30 Stayers' Hurdle

Selection: Sire Du Berlais

Bet: Each way

Advised price: 14/1

Starting price: 14/1

Result: Fifth

Return: 0.00

Profit/Loss: -1.00


Profit/Loss Thursday: +6.65


Friday

3.30 Cheltenham Gold Cup

Selection: L'Homme Presse

Bet: Each way

Advised price: 10/1

Starting price: 16/1

Result: Fourth

Return: 1.50

Profit/Loss +0.50


Profit/Loss Friday: +0.50


Outlay over four days: 8 points

Profit/Loss over four days: +12.16 points

Profit/Loss expressed as percentage of outlay: 152%


A quick word of caution to the wise.

In no way are these figures indicative of the season's performance prior to this meet; in addition, the profit realised in the Champion Chase owed much to the misfortune of 2/9 favourite El Fabiolo at the fifth fence. Normal service will be resumed in due course.

4 comments:

Sandracer said...

I watched your bets over the 4 days and thought you had a decent Cheltenham. Do you go 1/2 EW and 1 win?

I may be wrong: From what I can see off the cuff from memory, you'd have won a bit more win only via the Betfair S.P.

cheers

TW said...

Sparkling tipping performance, well done!

Back to the drawing board for me, 4 days racing, 28 races and 0 winners!

TW

GeeDee said...

Thanks, Sandracer. Good to hear from you - trust all is well.

No, I'm sure you're absolutely right. If I'd bet win only, I'd have won more via Betfair SP.

Generally, with the sort of bets I make, I prefer to play each way most of the time as it reduces those long runs without a return; that's when the doubts start to creep in.

On Thursday both the Turners and the Ryanair were run broadly as I'd envisaged beforehand - from personal experience I can confirm such acts of prescience are very few and far between.

The week just past - the exception rather than the norm. Unfortunately... :)

GeeDee said...

Thanks, TW, and thanks for providing your notes and ratings throughout the week.

A clean start from today - onwards and upwards!