For the enjoyment of aussie punters across Australia , I wanted to write a less serious article that I think alot of people will enjoy . Winx was an Australian Thouroughbred deemed to be the greatest and most reliable horse of our time with 33 consecutive wins and a win rate of 87% over 43 races . Now before I start I will remind you that there is absolutely nothing “safe” about gambling and Winx being the icon she is in Australian racing is a once in a lifetime horse .

Now investment funds in Australia generate on average 4.67% return annually according to Canstar . However these funds will charge on average 1.97% fees annually , bringing your returns down to 2.7% respectively . Lets say you invested $215,000 into a fund at 2.7% irrespective of global economic downturns . You would come out $65,636 richer in 10 years time .

https://www.moneysmart.gov.au/tools-and-resources/calculators-and-apps/compound-interest-calculator

Now let’s look at winx and crunch the numbers . If we divide 215,000 by her 43 total races we get $5000 per race . In Winx’s first 10 races between 2014-2015 , she won 4 and placed second 3 times . To make it simple we will assume that we will only bet on fixed win prices . After taking note of all of her fixed price odds , you would have $47,000 after 10 races posting a loss of $3,000 . However , her last 33 races had all posted a win meaning that if you had backed winx from her first race to her last , including her 6 losses (no win) you would be $295,300 richer .

This means that even at very short priced odds rigged against you , even down to $1.04 in her last race , you would be $15,000 better off . But theres more , Winx only raced for 5 years in total meaning that for half the time Winx still would have been a better investment . Now lets say you came to your senses and gave up gambling and put the $295,300 in an investment account for the remaining 5 years .

https://www.moneysmart.gov.au/tools-and-resources/calculators-and-apps/compound-interest-calculator

With a total return of 56.91% in 10 years or a rough annual return of 5.6% , it is clearly the thouroughbred winning the investment race .

Now this is all hypothetical , as no one in their right mind would put $5000 to win on the same horse throughout its career due to the unreliability of horse racing . It must be noted that Winx winning 33 races in a row is the only reason you could make money , as short price odds are ultimately rigged against you .

I’ll leave you on a quote from a good mate of mine – “when it comes to the races , your best bet is to not bet at all” . Written by Tyger Fitzpatrick , Founder .

Disclaimer – This is all hypothetical and gambling is no safe way of making money . An investment fund is alot safer in terms of stability and long term growth without the possiblility of losing capital .

The information above should not be taken as financial advice. Youth Investment Group has no liability for personal financial interests or investment decisions. You should make your own investment decisions based upon your own research and what you believe is best for you.

https://www.responsiblegambling.nsw.gov.au

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