FINOO signs off with a winner

Update: Vijaysarathi, the 100th and final bet in the Public Trial of FINOO (Follow-In-Next-Outing-Only), won at Hyderabad today, beating his nearest rival by 5 lengths. He paid Rs 42 for Rs 10 at the Bangalore Tote.

FINOO registered a decent 33% flat-bet profit after accounting for Tote taxes. Such was the money-making power of FINOO during this small, 100-bet trial that it generated a massive profit of Rs. 33,000 on a capital investment (risk) of only Rs 1,800.

While doing it, FINOO set some other records too.

It outperformed other standard market investments and indices by incredible margins and thousands of percentage points:

Glance at how FINOO outperformed the top market indices and investments in the same period:

Outperformed MCX Gold index by 27,180% (272 times);

Outperformed MCX Silver index by 11,053% (111 times);

Outperformed US Dollar by 8,362% (84 times);

Outperformed BSE Sensex by 4,445% (45 times);

Outperformed Nifty by 4,969% (50 times);

Outperformed NASDAQ (US stock index) by 10,269% (103 times).

[For complete details of the trial, please click here.]

And FINOO registered this performance despite going through a nightmarish losing run of only 4 wins from 29 straight bets.

Prakash Gosavi, inventor of FINOO, takes this opportunity to once again thank you all for being part of this stupendous public trial of a system which, at present, he is striving to improve further.

Blog Moderator

FINOO: The 100th bet

FINOO bet for Hyderabad races (Wednesday, September 2)

Vijaysarathi (3-7) [won]

Good luck.

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As declared earlier, FINOO public trial pauses for a break after Wednesday's 100th bet.

I take this opportunity to thank you all for participating in this unique experiment in overwhelming numbers. Thanks for your comments, suggestions and inputs. I am sure they will only make FINOO better.

All I can say as of now is that I counducted this trial in a fair and transparent manner, tried to tip as honestly as per the norms of FINOO (barring this weekend's three silly mistakes, entirely my fault), and am happy to report that FINOO has accomplished a decent flat-bet ROI (return on investment) for this small sample, despite having gone through a disastrous run of only 4 wins from 29 bets (bet#52-80).

If you consider the fact that bookmakers' odds are, on the average, at least 20% higher than the Tote odds, FINOO's profitabiity must be termed quite remarkable.

My advice to FINOO's supporters would be: Hold on. If I can fine-tune the system further so as to identify and rid it of the defects that may be causing such long losing runs, we are onto something really, really big. No handicapping method in the world has so far given credible proof of long term profitability in this game, a promise which, until now, FINOO has at least kept alive.

How much time will I take for this final leg of the research? I don't really know. Maybe two weeks; maybe two months. Maybe more. Whatever it takes, it will be time well spent for sure.

Thanks once again, and all the very best to you in all edeavours in your life.

Prakash Gosavi