The High Lows made $2147.14 profit in February over 375 bets at 11.9% P.O.T. After a slow start, we returned a solid month as we crossed over the 10,000 bets mark all-time.
‘A’ selections had a solid month with $1954.90 profit at 18.8% P.O.T.
‘B’ selections had a poor month with just $192.34 profit at 2.5% P.O.T. It was nice given they struggled in February that we could still generate a profit on them. There is no long-term concern with them.
Fixed Odds was again the star this month with $2167.65 profit over 257 bets at 20.8% P.O.T. Fixed Odds made up 58% of our turnover and 69% of our bets in February. Horse Racing made $2007.68 profit over 256 bets at 18.9% P.O.T. showing that Fixed Odds Horse Racing was our major breadwinner this month.
The Super Bowl was also played on February 5 and we had a nice day there with our bets loaded on the Philadelphia Eagles who got the job done helping us net $510.50 profit on the day.
Other bet types were insignificant relative to Fixed Odds with a $362.40 profit on Head to Head (31 bets, 20.8% P.O.T.) and a $228.61 loss on Multis (33 bets, 14.5% L.O.T.) our worst result.
NSW and SA performed in line with expectation this month with 56% and 67% of the total profit.
February was a solid month, which was encouraging given it is a historically quiet and low-profit month. We’ve made 13 months profit in a row now.
March starts a new phase for the High Lows with a much simpler service that achieves similar profits with significantly reduced workload and increased longevity for members.
The High Lows start to pick up in March. The Autumn Carnival continues and footy is back with the AFL and NRL both starting their seasons. The return to footy always results in some great promotions in the first few weeks of the season as the bookies compete for the massive footy markets.