One mortal's quixotic quest to qualify for the 2013 National Handicapping Championship
Wednesday, July 13, 2011
My Own Mini-Qualifier
I would like to play in the Saratoga Handicapping Challenge on Wed-Thu Aug 10-11. I have the days off work, I can afford it, and I think it would be a lot of fun while providing a decent chance to win some prize money (1/15) and maybe even an elusive NHC seat (1/50).
However, the $1,000 ante stopped me in my tracks. I had arranged for the days off on the expectation that the ante would be $400, as the two other NYRA contests are. I am still ahead a shade north of $4K this year thanks to a March windfall, so I can use some more tax-loss offsets, but there are still a bunch more contests to be played this year and $1K (more like $1,300 when you factor in transpo and one night's lodging) in one shot is just a bit out of my comfort zone.
BUT I have come up with a compromise idea. I'm tentatively planning to budget $150 for a track excursion one day next weekend (Jul 22-23). If I can somehow net $600 profit from said excursion, I will sign up for the Spa contest -- I was going to play that for a $400 ante, and $1,000-$600 = $400.
Realistically it's a longshot, as I'd say netting $600 profit with a starting bankroll of $150 is not much better than a 1-in-10 chance approximately. But it will make for an interesting day at least.
This blog is about my quest to qualify for the (insert year here) National Handicapping Championship at Treasure Island in Las Vegas. (The NHC was formerly held at Red Rock, hence the blog name.) I have yet to qualify for the NHC, but I have racked up four top-10 placings in NJ contests and have had some success in online events.