Making sense of spending money in pursuit of returns.
Platform | Substack | Pricing | Only free issues | Publishes | Twice weekly |
---|---|---|---|---|---|
Issues | 55 | Subscribers | Read | gamblingresponsibly.substack.com |
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It's never as good as it seems and it's never as bad as it seems.
We’re quietly chuffed with our performance this spring. From roughly 170 possible races, we’ve located 36 total bets returning a 9.7% profit on a win strategy and 20.7% on a place strategy. This is even better when we only include our best ...
“If you have dumb incentives, you have dumb outcomes”1
In terms of our strict strategy, it was a poor performance with only one of two bets placing, resulting in 1.25 units returned from 2 units staked. While we’re still in profit and landing our place bets at 74%, what’s more disappointing is ...
The writers behind this newsletter.
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