Sorry had an issue with the emails and staking. I think I have fixed it up now.

A Shocker today for sure with Sandown Race 5 going against me.

I have done some analysis and I make the majority of my profit in Races 1-4 of each meeting. I'll change up my rules based on this to only include races 1-4 from tommorrow for certain selections. I'll put up the results later.

---

Day 22 - Aus Market Update
Starting Bank: $49,195
Profit for the day : $(3916) LOSS
Wage Deducation : $200
Closing Bank: $45079

I held a position in 23 races today and made a profit in 20 of them. Sandown Race 5 was very costly with multiple systems laying the longshot.

Interestingly had I only taken positions in the first 4 races of each meeting I would have shown a profit of $828

From tommorrow I am restricting the positions to races 1-4.

It was a good day today, as I stopped after the 4th race at each meeting, but I can't update the days figures till betfair comes back online.

Hopefully that will be soon.

That is good news UB - looks like you might stick to this strategy?

LG

Day 22 - Aus Market Update
Starting Bank: $45079
Profit for the day : $1168
Wage Deducation : $200
Closing Bank: $46047

I held a position in 12 races today and made a profit in 11 of them.


LG I will be sticking to first 4 races only for now on for certain types of positions.

Things on the up UB?

Am wondering whether you will also apply similar strategy to BET side ie 1st 4 races.

Cheers LG

I'll be betting all races for the BET posiotions although the rules for most of the BET positions usually have most of them in the first 4 races anyway. Its rare to get many bets in the later races at all.

I'll also be running a few LAY positions outside of the first 4 races but these will be few and far between.

Any day there is a good profit I am happy.

I have also thought about the stop at a winner because based on this I would have not had a losing day in over 2 months but the winnings are then limited to what ever you win in that first race which can be low sometimes. Still its another angle to look at that may be used at some stage if I find it works out to be more profitable. At this stage though its a long way behind as a staking strategy.

Day 23 - Aus Market Update
Starting Bank: $46047
Profit for the day : $(108) LOSS
Wage Deducation : $200
Closing Bank: $45739

I held a position in 10 races today and made a profit in 8 of them.

Didn't do too bad considering I made a loss on Bathurst Race 1 Number 14. Just showing a small loss. If I had stopped as soon as I showed a profit I again would have won the first race and been up $36. The problem with this is I would not cover the $200 a day unless I was using a higher stake of my bank.

Could I go till I hit $200 ... maybe but then I would still have days like today where I make a loss. I'll leave it at the first 4 races for a while and make sure its stats continue to go as predicted. A small loss every so often is easy to handle when you have $1K days along side them.

Day 24 - Aus Market Update
Starting Bank: $45739
Profit for the day : $1032
Wage Deducation : $200
Closing Bank: $46571

I held a position in 16 races today and made a profit in 15 of them.

I may yet have a few more bets today but if I do I will update again.
On my way back to 50K. Considering I have pulled out $4800 for wages I would have easily been there had I not been paying myself.