I uploaded a new version of WagerMate today. The most noticeable enhancements are:
- WagerMate is using a better source for the “Race Conditions” (under “Race Details”) on the View Card tab. The old source was limited to 400 characters, and that meant the text was sometimes truncated.
- WagerMate is smarter about distinguishing graded stakes races from non-graded stakes.
- The Preference menu lets you pick your preferred format for ROI.
Here’s an example where the Race Conditions are complex, and are now shown in their full glory…
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Race Conditions
As for the ROI change: the menu looks like this…
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Preference Menu
Up until now, WagerMate has said that a profit of 5% was an ROI of 105%. Most people call that an ROI of 5%, not 105% (although one of my ADWs calls that a “$1 ROI” of “+0.05”).
The default format is now the “5%” format, so we’ve joined the mainstream. I’ll try to use that format from now on in this blog. I’m not going to go back and modify old entries though — I think that would violate the blogger’s code of ethics.
Here’s what my back testing (on about 4 year’s worth of data) looks like in the new format:
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Build 321 Back Test Report