I decided to post my horse wagering results early this year. I know it is the start of Kentucky Derby prep racing season, but I am done placing bets for the year. Last week I had a couple things that didn’t go my way. First there was a scratch of one of my horses in the first leg of a pick 4 at Del Mar. They gave me the favorite instead, but I had that horse already and he didn’t win. My picks in the next 3 races won, of course. Next was a win bet that came in 3rd, and I was going to get my money back. But there was an inquiry, and the horse was moved to 4th. Seems like the whole year went like that.<\/p>\n\n\n\n
This was my 9th year wagering on TVG. I can see a steady decline in the amount of money that I put into my account. The first two years I had deposited $1000 each year. In 2024 my deposit amount was down to $500. My average annual deposit over the past 8 years was $730 and my average withdrawal per year was $228. I had 3 years where I didn’t take any money out of my account. The average amount wagered during each year was $2850, which produced average winnings of $2238 per year. Based on the numbers, I have lost an average of $502 per year.<\/p>\n\n\n\n
Now let’s look at my 2024 results. I deposited $500, wagered $1739, and won $1023. If you just take my starting balance and add $500, and then subtract my ending balance, you end up with $520 loss for the year. This is very close to my average over the past 8 years. If you consider that this is only about $43 per month (I’m trying to justify my losses here) it doesn’t look so bad. My strategy in 2024 was to play more pick 4’s. I won a few, but none were big enough to offset my losing wagers. As always there were a lot of memorable moments. Like my 18-1-win wager on Mystic Dan in the 2024 Kentucky Derby. I’m going to take a break and use the next few months to come up with a new strategy.<\/p>\n","protected":false},"excerpt":{"rendered":"
I decided to post my horse wagering results early this year. I know it is the start of Kentucky Derby prep racing season, but I am done placing bets for the year. Last week I had a couple things that didn’t go my way. First there was a scratch of one of my horses in […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[4],"tags":[],"_links":{"self":[{"href":"http:\/\/budgethomepage.com\/gaming\/index.php?rest_route=\/wp\/v2\/posts\/500"}],"collection":[{"href":"http:\/\/budgethomepage.com\/gaming\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/budgethomepage.com\/gaming\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/budgethomepage.com\/gaming\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/budgethomepage.com\/gaming\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=500"}],"version-history":[{"count":2,"href":"http:\/\/budgethomepage.com\/gaming\/index.php?rest_route=\/wp\/v2\/posts\/500\/revisions"}],"predecessor-version":[{"id":502,"href":"http:\/\/budgethomepage.com\/gaming\/index.php?rest_route=\/wp\/v2\/posts\/500\/revisions\/502"}],"wp:attachment":[{"href":"http:\/\/budgethomepage.com\/gaming\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=500"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/budgethomepage.com\/gaming\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=500"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/budgethomepage.com\/gaming\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=500"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}