Okay, I admit it: making money is much more fun than losing it, no matter how tiny and glacially produced that profit is.
This weekend, most Investors were on the wrong side of a number of narrow wagering losses. First, the Roos collapsed in the final term against the Saints to lose by 46, just a little over a goal more than the 39.5 start we were receiving on line betting. Next, the Lions couldn't quite do enough in the last quarter, despite kicking 7 goals, and wound up losing by just 6 points to the Blues. Then the Dons became only the sixth team this year to surrender a three-quarter time lead in going down to the Crows by 16 points, taking three Funds' money with them. And finally, to complete the weekend's indignities, the Hawks fell just 4.5 points short of covering the spread against the Swans.
All up, we won just 6 of 14 bets.
The New Heritage Fund fared best, bagging 3 from 3 to give it an impressive 75% win record for the season. Prudence managed just 3 of 5, which gives it a less impressive but still profitable 67% win record for the season. Hope scored 0 from 2 and now has only a 40% win record for the season, but its winners have generally been at long odds, so it too is still in profit.
More troubling have been the Chi-squared Fund, which recorded 0 from 2 this weekend and now has only a 45% win record, and the Line Redux Fund, which also recorded 0 from 2, leaving it with a win record similar to Chi-squared's. To date, the Line Redux Fund is, however, 2 and 5 on games where the handicap-adjusted margin was less than 2 goals, so I'm feeling a little better-disposed towards this Fund than I might otherwise be. Chi-squared's performance is just a mystery though, to be fair, none of his losses have been by more than 22 points and only one of his wins has been by such a narrow margin.
With so little success, it's not surprising that all Investors except MIN#017 - who's 100% invested in New Heritage - lost money this weekend, all in the 3-5% range. MIN#017 meantime made just over 9% on the strength on New Heritage's perfect weekend. Across the season, all Investors remain in profit, albeit narrowly.
Since we're at the halfway point in the season I thought I'd provide a new chart, this one showing how the profitability of each portfolio has varied by game across the 88 games of the season so far.
On tipping, Shadow and STM I both tipped the card this week. This moved Shadow to 63 from 88 for the season (which is 71.5%), one clear of Silhouette and a stunning 3 clear of BKB. HSH had a horror week, scoring just 3 to leave it equal last on 49 from 88, which is still a respectable 55.7%.
On level-stake, home-team-only wagering, commencing in Round 6, five tipsters remain in profit: Shadow, Silhouette, BKB (barely), STM II and EI II.
Finally, looking at line betting performances, ELO notched 5 from 8 this week to leave it with a +2.27 unit profit for the season. Chi managed just 3 from 8 and is losing more than it matters to count.
(Incidentally, this week's blog name is an allusion to SMITH magazine's six-word memoirs which, legend has it, were inspired by Hemingway's response to a challenge to write a story in just 6 words. His answer, "For sale: baby shoes, never worn", is hard to top, but others on the site and in the book such as "I still make coffee for two" also give pause.)
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