Hi Mark,

Glad you were able to eek a profit on an extremely tough day.

For my part, it was the worst day seen in 60,000 races!

A loss of 26.05 units.

May Tally

568 wagers
4.86 units profit (less 5% commission)
0.86% POT

By contrast to:

April Tally

903 wagers
92.17 units profit (less 5% commission)
10.21% POT

While the month is not over, if I lose the 4.86 units profit for the month tomorrow, I'll stop and reassess the method. I'm not giving away any part of the huge profit in April I had.

On the other hand I have noticed some particular trends while live betting, that I want to investigate anyway. I feel that somehow a sliding scale needs to be introduced over the blanket scale I now have.

I'll keep those participants advised via email with an updated spreadsheet, when or if it's nutted out.

The implementation is going to be extremely challenging.

On looking at the data, it's best left to run it's course at this point.
I couldn't find anything to justify changing a winning formula.
Confident that either May could rebound into profit, or if not, June certainly will.
I think that it should be left to stand on it's own.

Mucking around with the data, or second guessing it on the basis of 2 weeks data, could do more harm than good.

Personally, I'll stop betting and watch if the May profit evaporates, but I don't think anything should be changed.

Today has begun a lot better - thank goodness.

Petulie bolts in @ $4.00 on Betfair - left alone by punters :D

All the support was for Morning Time which ran third.

Go Chrome..................15 units ahead here.

Mark,

Didya get Sister Jacinta @ $7.40 Betfair.

Same as the last one, she was left alone and drifted, while the money went on Marquis Diamond which ran third.

At this point I'm up around 17 units for the day and rolling along nicely.

I jagged 7.80. Got to 16.75 up, now down to 9.5 after 3 losses in the last 4 races.

Cleric 7.60

Yes, went a little downhill in the last few races.

11.10 units profit for the day though.

May Tally

602 wagers
15.96 units profit (less 5% commission)
2.65% POT

Versus

April Tally

903 wagers
92.17 units profit (less 5% commission)
10.21% POT


April/May Tally

1505 wagers
108.13 units profit (less 5% commission)
7.18% POT

A ways to go for May.

Quick update for you Chrome.
I started with a $600 bank, so $6 bets.
I've bet on 9 days, and won on 7 of them.
Turnover $1162, profit $301.32, or 25.93% POT.
Currently up to $8 bets.

Cheers
Mark

That's on around 193 live wagers?

That's very good going!

Possibly you're also getting some better prices by looking out for value, my results are just taking the best price with a minute to go.

Well done.