Hi ****************,

Because this method involves both backing and laying strategies.
There really is no reason to stop at a profit if the odds are in your favour longterm.

It's just when various bookies put up some dummy odds that it messes things up.

Today was better - 3.06 units profit.

May Tally

355 wagers
25.21 units profit (less 5% commission)
7.10% POT

Been a few days now since double digit profit, looking forward to the next three days in particular ;)

Have been asked to post the last two months together, so here 'tis...

April / May Tally

1258 wagers
117.39 units profit (less 5% commission)
9.33% POT

As you can gather May kicked off gangbusters and then proceeded to slump way below the average - as Keating said "A correction is imminent" :D

My positive thinking yesterday, led to a nice 10.53 unit profit today!

May Tally

381 wagers
35.74 units profit (less the 5% commission)
9.38% POT

April / May Tally

1284 wagers
127.91 units profit (less 5% commision)
9.96% POT

Maximum price of winner still only $8.00

My personal goal is 200 units profit by May 31st.

A loss of 8.89 units today.

May Tally

442 wagers
27.29 units profit (less 5% commission)
6.17% POT

April / May Tally

1345 wagers
119.47 units profit (less 5% commission)
8.88% POT

Chrome

Do you have a feel for whether your method is more successful on the weekend or on a weekday?

Hi Chrome Prince
Had a profit of 2 units today. I don't lay or back any horse that opens up $4 or longer, it seems to be working at the moment.

Cheers

Hi Angry Pixie,

There have been a lot more bets midweek obviously, but since going live, here's the breakdown...

Saturday's Only:

336 wagers
45.91 units profit(less 5% commission)
13.66% POT

Weekday:

1009 wagers
73.56 units profit(less 5% commission)
7.29% POT

Good one Crackone,

You might want to have another look at it though.

Opened $4 or longer:

301 wagers
64.89 units profit (less 5% commission)
21.56% POT

Opened less than $4

1044 wagers
54.57 units profit (less 5% commission)
5.23% POT

"You might want to have another look at it though."

My spread sheet reads like this

All up
307 bets
14.48 units profit (started on the biggest loser day)

$4 & above

65 bets
25 unit lose

Laying the $4 above 1.5 units profit
Backing the Firmers and Drifters is the big loser 26.5 units only two winners in 29 bets

This is opposite to your sample spread sheet where both are in good profit.

I find a good day can be spoilt by a $4 lay getting up late in the day.

Crackone,

Is this your own spreadsheet from when you started?
I can't follow why there is such a remarkable difference.

Are you absolutely certain that the drift/lay bet percentages are calculating correctly? I.E. that firmers are sometimes bet or lay propositions as are drifters.

If you think it is, or you are actually using my spreadsheet to calculate it, then some investigation is needed.

EDITED: Actually, upon thinking about it, you could be experiencing a temporary trend.
I thought about what you said a few weeks ago myself about a high priced horse spoiling an otherwise good day. It sometimes certainly works out that way, but to balance it out, when a drifter goes from $3.00 to $5.50 and you can get up to $6.00 on Betfair, it makes up for it.

Anyway, keep doing what you're comfortable with, as long as you're in profit, it doesn't matter, and you can look at it again when you have more data and make a decision.